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510 N Lake Way, Palm Beach, FL 33480

$16,995,000
Property Type: Residential Bedrooms: 5 Baths: 7 Square Footage: 6,922 Lot Size (sq. ft.): 16,988 Status: Active
Current Price: $16,995,000 List Date: 12/10/2024 Last Modified: 2/23/2026

Description

This British Colonial residence offers 6,922± total square feet with five bedrooms and six and a half bathrooms. Set on a 100' x 172' lot at the corner of Tangier Avenue and North Lake Way, the property features a large pool, covered loggia, and beautifully maintained grounds. The spacious foyer opens to the formal living room and a central gallery hall that connects the main living areas. The family room, located on the south side, opens through French doors to the covered loggia and pool. On the north side, the gallery leads to the formal dining room, library, and kitchen with adjoining dining area—an ideal layout for both everyday living and entertaining. Two guest bedrooms are located on the first floor, each with en suite baths and walk-in closets—one currently serving as a

Supplements: library. Additional first-floor features include a powder room, laundry room, and a two-car garage with separate service drive. Upstairs, the primary suite offers exceptional space and privacy with four walk-in closets, separate his-and-her bathrooms, and ample storage. Two additional guest bedrooms on this level each include en suite baths and walk-in closets. Ideally situated on Palm Beach's North End, the residence is just moments from the Lake Trail, beaches, restaurants, and world-class shopping.

More Information MLS# R11043720

Contract Information

Comp Sale YN: No Listing Contract Date: 2024-12-06 Status: Active Original List Price: 21500000 List Price: $16,995,000 Current Price: $16,995,000

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: 510 Street Direction Prefix: N Street Name: Lake Street Suffix: Way State Or Province: FL Postal Code: 33480 Subdivision Name: TANGIER EST Area: 5001 Parcel Number: 50434314010000290 Zoning: R-B(ci

General Property Information

Living Area Main: 6239 Lot Size Dimensions: 100.0 ft x 172.0 ft Gated Community YN: No Lot Size Area: 17200 Senior Community YN: No Furnished: Unfurnished Stories Total: 2 Stories: 2 Pool Private YN: Yes Property Sub Type: Single Family Residence Bedrooms Total: 5 Bathrooms Total: 7 Bathrooms Full: 6 Bathrooms Half: 1 Building Area Main: 6922 Building Area Source: Public Records Year Built: 1995 Garage YN: 1 Attached Garage YN: 1 Garage Spaces: 2 Covered Spaces: 2 Lot Size Acres: 0.39 Direction Faces: East

Financial Information

Association Deposit YN: No Membership Fee Required YN: No Tax Annual Amount: 102388 Tax Year: 2024 Tax Legal Description: TANGIER ESTATES LT 29

Office/Member Information

DXORIGMLSID: RML

Amenities

Trail(s): 1

Dining Area

Family/Dining Combination: 1

Electric

Three Phase: 1

Flooring

Marble: 1 Other: 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

Utilities

Cable Available: 1

Heating

Central: 1

Water Access

None: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Electric Range: 1 Free-Standing Freezer: 1 Ice Maker: 1 Microwave: 1 Refrigerator: 1 Washer: 1

Construction Materials

CBS: 1

Interior Features

Bar: 1 Entrance Foyer: 1 Kitchen Island: 1

Listing Terms

Cash: 1 Conventional: 1

Security Features

Fire Alarm: 1 Fire Sprinkler System: 1 Security System Owned: 1 Smoke Detector(s): 1

Cooling

Central Air: 1

Showing Requirements

Call Listing Agent: 1 Text Listing Agent: 1

Main Level Rooms

Main Level Bathrooms: 2 Main Level Bedrooms: 1

Master Bedroom/Bath

2 Master Baths: 1 Master Bdrm - Upstairs: 1 Spa Tub & Shower: 1

Pets Allowed YN

Yes: 1

Pets Allowed

No Restrictions: 1

Restrictions

No Restrictions: 1

Storm Protection

Impact Glass: Complete

Tax Information

City/County: 1

Showing Details

Pet(s) on Premises: No

Room Types

Den: 1 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: 2723.99

Acreage Description

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

Status Change Information

Major Change Timestamp: 2026-02-23T20:06:08Z Major Change Type: Price Reduced Price Change Timestamp: 2026-02-23T20:06:08Z Status Change Date: 2024-12-10

Originating Details

Originating System Key: 20241210154607350528000000 Originating System ID: M00000170

Property Features

Dining Area: Family/Dining Combination Electric: Three Phase Flooring: Marble; Other Parking Features: Circular Driveway; Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Free-Standing Freezer; Ice Maker; Microwave; Refrigerator; Washer Construction Materials: CBS Cooling: Central Air Heating: Central Interior Features: Bar; Entrance Foyer; Kitchen Island Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Close Of Escrow Restrictions: No Restrictions Security Features: Fire Alarm; Fire Sprinkler System; Security System Owned; Smoke Detector(s) Tax Information: City/County Utilities: Cable Available Water Access: None Showing Requirements: Call Listing Agent; Text Listing Agent Room Types: Den; Great Room; Kitchen; Living Room; Master Bedroom Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Room Information

Living Room Length: 1.00 Length: 1.00 Width: 1.00 Width: 1.00 Level: Main Kitchen Length: 1.00 Length: 1.00 Width: 1.00 Width: 1.00 Level: Main Master Bedroom Length: 1.00 Length: 1.00 Width: 1.00 Width: 1.00 Level: Main Great Room
Listing Office: Sotheby's Intl. Realty, Inc.
Last Updated: February - 23 - 2026
510 N Lake Way, Palm Beach, FL 33480- MLS# R11043720
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