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1421 N Lake Way, Palm Beach, FL 33480

$10,900,000
Property Type: Land & Docks Lot Size (sq. ft.): 13,504 Status: Active
Current Price: $10,900,000 List Date: 10/07/2025 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 previously approved ARCOM 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

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# R11130361

Contract Information

Comp Sale YN: No LP/Acre: 35161290.32 Listing Contract Date: 2025-10-07 Status: Active Original List Price: 10900000 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 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 ADD TO P B IN Area: 5004 Parcel Number: 50434234080000420 Zoning: Res Directions: North end of the island. Reef Road just east of Intracoastal

General Property Information

LP/SqFt: 807.19 Property Sub Type: Unimproved Land Lot Size Acres: 0.31 Lot Size Square Feet: 13503.6 Direction Faces: West

Office/Member Information

DXORIGMLSID: RML

Electric

Three Phase: 1

Short Sale Details

Short Sale Addendum: No

Documents Available

None: 1

Current Use

Single Family: 1

Development Status

Raw Land: 1

Location of Property

Other: 1

Possession

Close Of Escrow: 1

Possible Use

Single Family: 1

Trees

Other: 1

Utilities

Electricity Available: 1 Sewer Available: 1 Water Available: 1

Vegetation

Grassed: 1 Other: 1

Listing Terms

Cash: 1

Road Frontage Type

Public Road: 1

Water Source

Public: 1

Showing Requirements

Call Listing Agent: 1 Text Listing Agent: 1

Acreage Description

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

Financial Information

Tax Year: 2025 Tax Annual Amount: 108773 Tax Legal Description: NORTH SHORE ADD TO PALM BEACH LT 42

Status Change Information

Major Change Timestamp: 2025-10-07T20:58:03Z Major Change Type: New Listing Status Change Date: 2025-10-07

Originating Details

Originating System Key: 20251006194337108150000000 Originating System ID: M00000170

Property Features

Current Use: Single Family Development Status: Raw Land Documents Available: None Electric: Three Phase Location of Property: Other Possession: Close Of Escrow Possible Use: Single Family Trees: Other Utilities: Electricity Available; Sewer Available; Water Available Vegetation: Grassed; Other Listing Terms: Cash Road Frontage Type: Public Road Water Source: Public Showing Requirements: Call Listing Agent; Text Listing Agent Acreage Description: 1/4 To Less Than 1/2 Acre Lot
Listing Office: Douglas Elliman
Last Updated: February - 18 - 2026
1421 N Lake Way, Palm Beach, FL 33480- MLS# R11130361
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