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1421 N Lake Way, Palm Beach, FL 33480

$10,900,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,388 Status: Active
Current Price: $10,900,000 Last Modified: 12/17/2025

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# RX-11078527

Contract Information

Auction: No List Price/SqFt: 4564.48 Listing Date: 2025-04-04 Status: Active Original List Price: 11900000 List Price: $10,900,000 Current Price: $10,900,000

General Property Description

Governing Bodies: None Main Level Bedrooms: 4 Main Level Bathrooms: 3 Property Condition: Resale Lot Dimensions: 123.0 ft x 105.0 ft SqFt - Total: 3186 Waterfront: No SqFt Source: Other Gated Community: No Covered Spaces: 2 Homeowners Assoc: None Pets Allowed: Yes Pets on Premises: No Front Exp: West Association Deposit: No Directions: N Lake Way, Right on Reef Rd Membership Fee Required: No Private Pool: Yes Spa: Yes Type: Single Family Detached Total Bedrooms: 4 Baths - Full: 3 Baths - Total: 3 Year Built: 1950 SqFt - Living: 2388 Garage Spaces: 2 Subdivision: NORTH SHORE Legal Desc: NORTH SHORE ADD TO PALM BEACH LT 42 Lot SqFt: 13504 Total Floors/Stories: 1

Location, Tax & Legal

Geo Area: PB30 Country: United States State/Province: FL HOPA: No Hopa Short Sale: No Tax Year: 2024 Zoning: R-B(ci Short Sale A/U: N/A Short Sale Addendum: No Taxes: 108933 Special Assessment: No REO: No Area: 5001 County: Palm Beach Parcel ID: 50434234080000420 Street #: 1421 Street Dir: N Street Name: Lake Street Suffix: Way Zip Code: 33480 Geo Lat: 26.763813 Geo Lon: -80.040327

Office/Member Info

DXORIGMLNO: RX-11078527 DXORIGMLSID: RML

Construction

Other: 1

Master Bedroom/Bath

Separate Shower: 1

View

Garden: 1 Pool: 1

Rooms

Great: 1

Waterfront Details

None: 1

Lot Description

East of US-1: 1 1/4 to 1/2 Acre: 1 Corner Lot: 1

Special Info

Sold As-Is: 1

Equip/Appl Included

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

Private Pool Description

Heated: 1 Inground: 1 Spa: 1

Cooling

Central: 1

Spa Features

Above Ground: 1

Heating

Central: 1

Exterior Features

Cabana: 1 Covered Patio: 1 Open Patio: 1

Furnished

Furniture Negotiable: 1 Unfurnished: 1

Interior Features

Foyer: 1 Kitchen Island: 1 Stack Bedrooms: 1

Flooring

Tile: 1 Wood Floor: 1 Other: 1

Porch/Patio/Balcony

Patio: 1

Utilities

Cable: 1 Electric: 1 Public Sewer: 1 Water Available: 1

Parking

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

Restrict

Buyer Approval: 1 Lease OK: 1

Security

None: 1

Subdiv. Amenities

Cabana: 1 Private Beach Pvln: 1

Terms Considered

Cash: 1

Showing Instructions

Text Listing Agent: 1

Storm Protection

None: 1

Dining Area

Dining/Kitchen: 1 Eat-In Kitchen: 1

Taxes

City/County: 1

Property Features

Construction: Other View: Garden; Pool Waterfront Details: None Private Pool Description: Heated; Inground; Spa Spa Features: Above Ground Lot Description: East of US-1; 1/4 to 1/2 Acre; Corner Lot Exterior Features: Cabana; Covered Patio; Open Patio Interior Features: Foyer; Kitchen Island; Stack Bedrooms Furnished: Furniture Negotiable; Unfurnished Rooms: Great Parking: 2+ Spaces; Driveway; Garage - Attached Restrict: Buyer Approval; Lease OK Security: None Flooring: Tile; Wood Floor; Other Heating: Central Cooling: Central Dining Area: Dining/Kitchen; Eat-In Kitchen Terms Considered: Cash Utilities: Cable; Electric; Public Sewer; Water Available Storm Protection: None Special Info: Sold As-Is Taxes: City/County Showing Instructions: Text Listing Agent

Room Information

Living Room Length: 30.00 Width: 21.65 Length: 30.00 Level: Main Width: 21.65 Kitchen Length: 13.75 Width: 17.10 Length: 13.75 Level: Main Width: 17.10 Master Bedroom Length: 16.00 Width: 13.10 Length: 16.00 Level: Main Width: 13.10
Listing Office: Douglas Elliman
Last Updated: December - 17 - 2025
1421 N Lake Way, Palm Beach, FL 33480- MLS# RX-11078527
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