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1421 N Lake Way, Palm Beach, FL 33480

$10,900,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 3,186 Lot Size (sq. ft.): 13,504 Status: Active
Current Price: $10,900,000 List Date: 4/04/2025 Last Modified: 2/18/2026

Description

RARE OPPORTUNITY!! Palm Beach's coveted North End on Cabana street—this exceptional property offers endless possibilities. Perfectly livable yet primed for a custom rebuild, this oversized lot comes with ARCOM approved plans, allowing for a seamless transition to your dream home. Proposed home will be 5,585 LSF and 6,293 TSF, with 4-beds in the main house plus convertible den (office/library) and 2-bed in guest house. Currently, the beautifully updated main house features two elegant bedrooms with rich wood flooring, spacious closets, and two tastefully designed bathrooms with walk-in showers. A charming guest cottage, connected by a covered walkway, provides a private retreat with two additional bedrooms, a cozy sitting area, and a full bath. The meticulously landscaped grounds are a..

Supplements: grounds are a private oasis, complete with a heated pool and spillover spa, surrounded by lush greenery. Whether you choose to enjoy this serene setting as is or bring your vision to life with the approved new construction plans, this prime North End location ensures unparalleled luxury and value. Close proximity to the Sailfish Club and bike path. A rare chance to build or enjoy as is-don't miss this extraordinary opportunity!

More Information MLS# R11078527

Contract Information

Comp Sale YN: No Listing Contract Date: 2025-04-04 Status: Active Original List Price: 11900000 List Price: $10,900,000 Current Price: $10,900,000

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 Country: United States Street Number: 1421 Street Direction Prefix: N Street Name: Lake Street Suffix: Way State Or Province: FL Postal Code: 33480 Subdivision Name: NORTH SHORE Area: 5001 Parcel Number: 50434234080000420 Zoning: R-B(ci Directions: N Lake Way, Right on Reef Rd

General Property Information

Living Area Main: 2388 Lot Size Dimensions: 123.0 ft x 105.0 ft Gated Community YN: No Lot Size Area: 13504 Senior Community YN: No Outdoor Living Spaces YN: Yes Furnished: Unfurnished Stories Total: 1 Stories: 1 Pool Private YN: Yes Spa YN: Yes Property Sub Type: Single Family Residence Bedrooms Total: 4 Bathrooms Total: 3 Bathrooms Full: 3 Building Area Main: 3186 Building Area Source: Other Year Built: 1950 Garage YN: 1 Attached Garage YN: 1 Garage Spaces: 2 Covered Spaces: 2 Lot Size Acres: 0.31 Direction Faces: West

Financial Information

Association Deposit YN: No Membership Fee Required YN: No Tax Annual Amount: 108933 Tax Year: 2024 Tax Legal Description: NORTH SHORE ADD TO PALM BEACH LT 42

Office/Member Information

DXORIGMLSID: RML

Amenities

Cabana: 1 Private Beach Pavilion: 1

Dining Area

Eat-In Kitchen: 1 Kitchen Dining: 1

Electric

Three Phase: 1

Flooring

Wood: 1 Other: 1

Parking Features

Attached Garage: 1 Garage: 1

Property Condition

Resale: 1

Short Sale Details

Short Sale Addendum: No

Spa Features

Above Ground: 1

Other Structures

Cabana: 1

Sewer

Public Sewer: 1

Special Information

Sold As-Is: 1

Utilities

Cable Available: 1 Sewer Available: 1 Water Available: 1

View

Garden: 1 Pool: 1

Heating

Central: 1

Water Access

None: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Electric Range: 1 Free-Standing Freezer: 1 Microwave: 1 Refrigerator: 1 Washer: 1 Water Heater: 1 Cooktop: 1

Construction Materials

Other: 1

Interior Features

Bedroom Layout - Stacked: 1 Entrance Foyer: 1 Kitchen Island: 1

Listing Terms

Cash: 1

Lot Features

Corner Lot: 1

Pool Features

Heated: 1 In Ground: 1

Road Frontage Type

East of US-1: 1

Security Features

None: 1

Water Heater Details

Electric Water Heater: 1

Cooling

Central Air: 1

Showing Requirements

24 Hour Notice: 1 Appointment Only: 1 Call Listing Agent: 1 Listing Agent Must Accompany: 1 Text Listing Agent: 1 See Remarks: 1

Main Level Rooms

Main Level Bathrooms: 3 Main Level Bedrooms: 4

Master Bedroom/Bath

Separate Shower: 1

Pets Allowed YN

Yes: 1

Restrictions

Buyer Approval Required: 1 Lease OK: 1

Storm Protection Details

None: 1

Tax Information

City/County: 1

Showing Details

Pet(s) on Premises: No

Outdoor Living Spaces

Patio: 1

Patio Details

Patio - Covered: 1 Patio - Open: 1

Room Types

Great Room: 1 Kitchen: 1 Kitchen Level: Main Living Room: 1 Living Room Level: Main Master Bedroom: 1 Master Bedroom Level: Main

Price Calculations

Current Price To SqFt: 4564.48

Acreage Description

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

Status Change Information

Major Change Timestamp: 2025-04-18T16:24:58Z Major Change Type: Price Reduced Price Change Timestamp: 2025-04-18T16:24:58Z Status Change Date: 2025-04-04

Originating Details

Originating System Key: 20250401161958982672000000 Originating System ID: M00000170

Property Features

Dining Area: Eat-In Kitchen; Kitchen Dining Electric: Three Phase Flooring: Wood; Other Parking Features: Attached Garage; Garage Property Condition: Resale Spa Features: Above Ground Appliances: Dishwasher; Disposal; Dryer; Electric Range; Free-Standing Freezer; Microwave; Refrigerator; Washer; Water Heater; Cooktop Water Heater Details: Electric Water Heater Construction Materials: Other Cooling: Central Air Heating: Central Interior Features: Bedroom Layout - Stacked; Entrance Foyer; Kitchen Island Listing Terms: Cash Lot Features: Corner Lot Other Structures: Cabana Pets Allowed YN: Yes Pool Features: Heated; In Ground Restrictions: Buyer Approval Required; Lease OK Road Frontage Type: East of US-1 Security Features: None Sewer: Public Sewer Special Information: Sold As-Is Storm Protection Details: None Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available View: Garden; Pool Water Access: None Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Listing Agent Must Accompany; Text Listing Agent; See Remarks Outdoor Living Spaces: Patio Patio Details: Patio - Covered; Patio - Open Room Types: Great Room; Kitchen; Living Room; Master Bedroom Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Room Information

Living Room Length: 30.00 Length: 30.00 Width: 21.65 Width: 21.65 Level: Main Kitchen Length: 13.75 Length: 13.75 Width: 17.10 Width: 17.10 Level: Main Master Bedroom Length: 16.00 Length: 16.00 Width: 13.10 Width: 13.10 Level: Main Great Room
Listing Office: Douglas Elliman
Last Updated: February - 18 - 2026
1421 N Lake Way, Palm Beach, FL 33480- MLS# R11078527
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.