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1050 N Lake Way, Palm Beach, FL 33480

$23,750,000

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https://www.propertypanorama.com/1050-N-Lake-Way-Palm-Beach-FL-33480/unbranded

Property Type: Residential Bedrooms: 5 Baths: 5.1 Square Footage: 6,347 Status: Closed

Current Price: $23,750,000 Last Modified: 5/29/2025

Description

Stunning Contemporary Regency with dramatic views of the Intracoastal waterway and the motor yachts at Rybovich Marina. Excellent open floor plan perfect for indoor and outdoor entertaining. Features gracious living room, formal dining room, sunny and bright interior loggia. Family room with entertaining bar and office with beautiful views of the lake. Elevator leads to expansive second floor primary suite with sprawling, oversized terrace and dual baths. Additional highlights include chef's kitchen, staff bedrooms, and 2-car garage. Beautiful outdoor spaces with pool, Intracoastal dock, and access to the Lake Trail.

More Information MLS# RX-10867840

Contract Information

Auction: No List Price/SqFt: 4710.88 Negotiable Seller Concessions YN: No Listing Date: 2023-02-17 Status: Closed Original List Price: 40500000 Sold Price: $23,750,000 Current Price: $23,750,000

General Property Description

Governing Bodies: None Main Level Bedrooms: 3 Main Level Bathrooms: 4 Property Condition: Resale Lot Dimensions: 93.0 ft x 184.0 ft SqFt - Total: 8564 Waterfront: Yes SqFt Source: Tax Rolls Gated Community: No Covered Spaces: 2 Homeowners Assoc: None Pets Allowed: Yes Pets on Premises: No Front Exp: West Association Deposit: No Membership Fee Required: No Private Pool: Yes Type: Single Family Detached Total Bedrooms: 5 Baths - Full: 5 Baths - Half: 1 Baths - Total: 5.1 Year Built: 1963 SqFt - Living: 6347 Garage Spaces: 2 Subdivision: CORAL EST Legal Desc: CORAL ESTATES LOTS 15 & 16 (LESS S 100 FT) & UNDIV INT IN LTS 1-A & 15-A Lot SqFt: 17884 Total Floors/Stories: 2

Location, Tax & Legal

Geo Area: PB30 Country: United States State/Province: FL HOPA: No Hopa Short Sale: No Tax Year: 2022 Zoning: R-B(ci Short Sale A/U: N/A Short Sale Addendum: No Taxes: 83424.4 Special Assessment: No REO: No Area: 5001 County: Palm Beach Parcel ID: 50434303180000152 Street #: 1050 Street Dir: N Street Name: Lake Street Suffix: Way Zip Code: 33480 Geo Lat: 26.751033 Geo Lon: -80.041274

Office/Member Info

DXORIGMLNO: RX-10867840 DXORIGMLSID: RML

Status Change Info

Terms of Sale: Cash Sold Price/SqFt: 3741.92 Under Contract Date: 2025-01-10 Sold Date: 2025-01-24 Sold Price: $23,750,000

Design

Contemporary: 1

Construction

CBS: 1

Master Bedroom/Bath

2 Master Baths: 1 Mstr Bdrm - Upstairs: 1 Separate Shower: 1 Separate Tub: 1

View

Intracoastal: 1 Lake: 1

Rooms

Den/Office: 1 Family: 1 Great: 1 Laundry-Inside: 1

Waterfront Details

Intracoastal: 1 Lake: 1

Lot Description

1/4 to 1/2 Acre: 1

Equip/Appl Included

Dishwasher: 1 Disposal: 1 Dryer: 1 Freezer: 1 Microwave: 1 Range - Gas: 1 Refrigerator: 1 Washer: 1

Private Pool Description

Inground: 1

Cooling

Central: 1

Heating

Central: 1

Exterior Features

Open Balcony: 1 Open Patio: 1

Furnished

Unfurnished: 1

Interior Features

Bar: 1 Built-in Shelves: 1 Elevator: 1 Foyer: 1 Pantry: 1 Walk-in Closet: 1 Wet Bar: 1

Flooring

Wood Floor: 1

Porch/Patio/Balcony

Balcony: 1 Patio: 1

Utilities

Public Sewer: 1 Public Water: 1

Parking

2+ Spaces: 1 Driveway: 1 Garage - Attached: 1

Restrict

Other: 1

Subdiv. Amenities

None: 1

Boat Services

Private Dock: 1

Terms Considered

Cash: 1 Conventional: 1

Possession

At Closing: 1

Storm Protection

Other Protection: Complete

Taxes

City/County: 1

Contingencies

None: 1

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Property Features

Design: Contemporary Construction: CBS View: Intracoastal; Lake Waterfront Details: Intracoastal; Lake Private Pool Description: Inground Lot Description: 1/4 to 1/2 Acre Exterior Features: Open Balcony; Open Patio Interior Features: Bar; Built-in Shelves; Elevator; Foyer; Pantry; Walk-in Closet; Wet Bar Furnished: Unfurnished Rooms: Den/Office; Family; Great; Laundry-Inside Parking: 2+ Spaces; Driveway; Garage - Attached Restrict: Other Flooring: Wood Floor Heating: Central Cooling: Central Boat Services: Private Dock Terms Considered: Cash; Conventional Utilities: Public Sewer; Public Water Taxes: City/County Possession: At Closing Contingencies: None

Room Information

Living Room Length: 1.00 Width: 1.00 Length: 1.00 Level: Main Width: 1.00 Kitchen Length: 1.00 Width: 1.00 Length: 1.00 Level: Main Width: 1.00 Master Bedroom Length: 1.00 Width: 1.00 Length: 1.00 Level: Upper Width: 1.00

Listing Office: Christian Angle Real Estate

Last Updated: May - 29 - 2025

1050 N Lake Way, Palm Beach, FL 33480- MLS# RX-10867840

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