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1221 N Lake Way, Palm Beach, FL 33480

$5,900,000

Corcoran Real Estate: 1221 N Lake Way Palm Beach FL 33480 from KF Media on Vimeo.

Virtual Tour

https://vimeo.com/156052596

Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 5,645 Status: Closed

Current Price: $5,900,000 List Date: 2/12/2016 Last Modified: 1/12/2026

Description

1221 North Lake Way was built in 1940 and designed by Belford Shoumate who was the most popular architect of Modernism on the island of Palm Beach. Designed as a 6,000 SF ‘Nautical Mansion’ the ‘Fore and Aft House’ was featured in the 1939 World’s Fair as one of the Houses of Tomorrow. That fair had a lasting influence on American Architecture. Following Art Deco, the International Style of Architecture grew out of a fascination with industrial design and speed, particularly, automobiles, trains, boats and planes. The southern elevation of the 1221 has concrete porthole columns that repeat along the windowed curtain wall and the upper decks feature steamship railings. The extreme right of the house (eastern elevation) has a 2-car Y shaped garage with 2 exits.

Supplements: The Extreme left side (west) features the musical-key note pool overlooking the Intracoastal view, thus The Fore and Aft house. The house sits on 65 feet of Intracoastal frontage offering stunning views and amazing sunsets as well as a deep-water dock. The nautical-like design has the effect of a boat, sitting on the lot overlooking the Intracoastal. Equally important, 1221 is the only Lakefront house in Palm Beach with its own deeded Oceanfront cabana down the block. Most original details remain, including some custom furnishings. 'Fore and Aft' was designed with 4 bedrooms with exterior doors to enter and exit the exterior decks, not unlike steamships of the day. Many of the original bathroom details remain and missing elements could be found or restored.

More Information MLS# R10207558

Contract Information

Comp Sale YN: No Listing Date: 2016-02-12 Status: Closed Original List Price: 9750000 Sold Price: $5,900,000 Current Price: $5,900,000

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: Palm Beach Postal Zip: 33480 Geographic Area: PB30 Special Assessment YN: No Street Number: 1221 Street Direction Prefix: N Street Name: Lake Street Suffix: Way State Or Province: FL Postal Code: 33480 Subdivision Name: MOCKINGBIRD TRAIL TRACT Area: 5002 Parcel Number: 50434303090000011 Zoning: RB Directions: On N Lake Way, directly on Intracoastal, at corner of Mockingbird

General Property Information

Living Area Main: 3090 Lot Size Dimensions: 65.0 ft x 189.0 ft Lot Size Area: 12882 Senior Community YN: No Outdoor Living Spaces YN: Yes Furnished: Unfurnished Stories Total: 2 Stories: 2 Pool Private YN: Yes Property Sub Type: Single Family Residence Bedrooms Total: 5 Bathrooms Total: 5 Bathrooms Full: 5 Building Area Main: 5645 Building Area Source: Public Records Year Built: 1940 Garage YN: 1 Attached Garage YN: 1 Garage Spaces: 2 Covered Spaces: 2 Lot Size Acres: 0.3 Waterfront YN: 1 Direction Faces: West

Financial Information

Membership Fee Required YN: No Tax Annual Amount: 76103.6 Tax Year: 2015 Tax Legal Description: MOCKING BIRD TRAIL TRACT S 65 FT OF LTS 1 & 5

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Conventional Major Change Timestamp: 2017-08-08T19:31:42Z Major Change Type: Status Change Price Change Timestamp: 2017-03-20T13:33:34Z Status Change Date: 2017-08-08 Under Contract Date: 2017-06-06 Close Date: 2017-08-08 Close Price: 5900000

Amenities

None: 1

Flooring

Terrazzo: 1 Wood: 1

Parking Features

Circular Driveway: 1 Attached Garage: 1 Garage: 1

Property Condition

Resale: 1

Short Sale Details

Short Sale Addendum: No

Possession

Close Of Escrow: 1

Sewer

Public Sewer: 1

Utilities

Sewer Available: 1 Water Available: 1

View

Pool: 1

Heating

Central: 1

Water Access

No Fixed Bridge: 1 Ocean Access: 1

Water View

Intracoastal: 1

Window Features

Casement: 1 Double Hung Metal: 1 Sliding: 1

Appliances

Dishwasher: 1 Dryer: 1 Gas Range: 1 Refrigerator: 1 Washer: 1

Construction Materials

CBS: 1

Interior Features

None: 1

Levels

Multi/Split: 1

Listing Terms

Cash: 1 Conventional: 1

Pool Features

Free Form: 1 In Ground: 1

Road Frontage Type

East of US-1: 1

Security Features

Security System Owned: 1

Water Source

Public: 1

Waterfront Features

Intracoastal: 1 Navigable Water: 1 No Fixed Bridges: 1

Architectural Style

Colonial: 1

Cooling

Central Air: 1

Showing Requirements

Call Listing Agent: 1 Listing Agent Must Accompany: 1

Master Bedroom/Bath

Separate Shower: 1 Separate Tub: 1

Pets Allowed YN

Yes: 1

Restrictions

Other Restrictions: 1

Tax Information

City/County: 1

Outdoor Living Spaces

Balcony: 1 Patio: 1

Balcony Details

Balcony - Covered: 1

Patio Details

Patio - Open: 1

Contingencies

None: 1

Room Types

Kitchen: 1 Kitchen Level: First Living Room: 1 Living Room Level: First Master Bedroom: 1 Master Bedroom Level: First

Price Calculations

Current Price To SqFt: 1909.38 Original List Price To Close Price: 1.65

Acreage Description

1/4 To Less Than 1/2 Acre Lot: 1

Originating Details

Originating System Key: 20160212193024233689000000 Originating System ID: M00000170

Property Features

Flooring: Terrazzo; Wood Parking Features: Circular Driveway; Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Dryer; Gas Range; Refrigerator; Washer Architectural Style: Colonial Construction Materials: CBS Cooling: Central Air Heating: Central Interior Features: None Levels: Multi/Split Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pool Features: Free Form; In Ground Possession: Close Of Escrow Restrictions: Other Restrictions Road Frontage Type: East of US-1 Security Features: Security System Owned Sewer: Public Sewer Tax Information: City/County Utilities: Sewer Available; Water Available View: Pool Water Access: No Fixed Bridge; Ocean Access Water Source: Public Water View: Intracoastal Waterfront Features: Intracoastal; Navigable Water; No Fixed Bridges Window Features: Casement; Double Hung Metal; Sliding Showing Requirements: Call Listing Agent; Listing Agent Must Accompany Outdoor Living Spaces: Balcony; Patio Balcony Details: Balcony - Covered Patio Details: Patio - Open Contingencies: None Room Types: Kitchen; Living Room; Master Bedroom Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Room Information

Living Room Length: 20.00 Length: 20.00 Width: 15.00 Width: 15.00 Level: First Kitchen Length: 10.00 Length: 10.00 Width: 8.00 Width: 8.00 Level: First Master Bedroom Length: 15.00 Length: 15.00 Width: 20.00 Width: 20.00 Level: First

Listing Office: The Corcoran Group

Last Updated: January - 12 - 2026

1221 N Lake Way, Palm Beach, FL 33480- MLS# R10207558

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