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515 N Lake Way, Palm Beach, FL 33480

$7,773,650

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https://www.propertypanorama.com/515-N-Lake-Way-Palm-Beach-FL-33480/unbranded

Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 3,851 Status: Closed

Current Price: $7,773,650 List Date: 2/01/2022 Last Modified: 1/10/2026

Description

This elegant 4BR/4.5BTH residence has classical details and is signature of the Palm Beach Regency style so coveted by many and designed by noted architect Ames Bennett. Among its many features, this home has beautifully scaled rooms and high ceilings, hard wood and marble floors. The home was extensively renovated in 2020 with no detail or expense overlooked. The renovation included the replacement of the complete electrical and plumbing systems; the installation of new dual zone A/C systems; a new kitchen with custom cabinetry, top-of the line appliances and quartz countertops; new bathrooms with custom cabinetry, natural stones and Waterworks fixtures; new hurricane sliders, as well as a whole house generator. The home also features a 2-car a garage, an awning covered patio and soon

Supplements: To be sold As Is. All sizes approximate and subject to errors and verification.

More Information MLS# R10773875

Contract Information

Comp Sale YN: No Listing Contract Date: 2022-02-01 Status: Closed Original List Price: 8475000 Sold Price: $7,773,650 Current Price: $7,773,650

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: 515 Street Direction Prefix: N Street Name: Lake Street Suffix: Way State Or Province: FL Postal Code: 33480 Subdivision Name: Tropic Isle Area: 5001 Parcel Number: 50434314010000050 Zoning: R-B Directions: North Lake Way to Tangier Road

General Property Information

Living Area Main: 3023 Gated Community YN: No Senior Community YN: No Outdoor Living Spaces YN: Yes Furnished: Unfurnished Stories Total: 1 Stories: 1 Pool Private YN: No Property Sub Type: Single Family Residence Bedrooms Total: 4 Bathrooms Total: 5 Bathrooms Full: 4 Bathrooms Half: 1 Building Area Main: 3851 Building Area Source: Other Year Built: 1963 Garage YN: 1 Attached Garage YN: 1 Garage Spaces: 2 Covered Spaces: 2 Direction Faces: North

Financial Information

Association Deposit YN: No Membership Fee Required YN: No Tax Annual Amount: 37328 Tax Year: 2021 Tax Legal Description: TANGIER ESTATES LT 5/LESS W 30 FT RD R/W/

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Conventional Major Change Timestamp: 2022-06-13T14:32:32Z Major Change Type: Status Change Status Change Date: 2022-06-13 Under Contract Date: 2022-02-22 Close Date: 2022-06-13 Close Price: 7773650

Amenities

None: 1

Electric

Three Phase: 1

Entry Information

Entry Location: Entry Level Living Area Y

Exterior Features

Awning(s): 1

Flooring

Marble: 1 Parquet: 1 Other: 1

Parking Features

Garage Door Opener: 1 Attached Garage: 1 Garage: 1

Property Condition

Resale: 1

Short Sale Details

Short Sale Addendum: No

Fencing

Fenced: 1

Possession

Close Of Escrow: 1

Sewer

Public Sewer: 1

Special Information

Sold As-Is: 1

Utilities

Cable Available: 1 Natural Gas Available: 1 Sewer Available: 1 Water Available: 1

Heating

Central: 1 Zoned: 1

Sprinkler Description

Auto Sprinkler: 1

Water Access

None: 1

Appliances

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

Construction Materials

CBS: 1

Interior Features

Built-in Features: 1 Walk-In Closet(s): 1

Laundry Features

Inside: 1

Listing Terms

Cash: 1

Roof

Tar/Gravel: 1

Security Features

Security Lights: 1 Security System Owned: 1 Smoke Detector(s): 1

Water Source

Public: 1

Water Heater Details

Electric Water Heater: 1

Architectural Style

Other: 1

Cooling

Central Air: 1 Zoned: 1

Showing Requirements

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

Main Level Rooms

Main Level Bathrooms: 4 Main Level Bedrooms: 4

Master Bedroom/Bath

Dual Sinks: 1

Pets Allowed YN

Yes: 1

Restrictions

No Restrictions: 1

Storm Protection

Electric/Power Shutters: Partial Impact Glass: Partial Other Protection: Complete

Tax Information

City/County: 1

Occupant Details

Owner Occupied: 1

Showing Details

Pet(s) on Premises: No

Outdoor Living Spaces

Patio: 1

Contingencies

None: 1

Room Types

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

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Price Calculations

Current Price To SqFt: 2571.5 Original List Price To Close Price: 1.09

Originating Details

Originating System Key: 20220131182757110206000000 Originating System ID: M00000170

Property Features

Electric: Three Phase Exterior Features: Awning(s) Flooring: Marble; Parquet; Other Parking Features: Garage Door Opener; Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Gas Range; Microwave; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Architectural Style: Other Construction Materials: CBS Cooling: Central Air; Zoned Fencing: Fenced Heating: Central; Zoned Interior Features: Built-in Features; Walk-In Closet(s) Laundry Features: Inside Listing Terms: Cash Pets Allowed YN: Yes Possession: Close Of Escrow Restrictions: No Restrictions Roof: Tar/Gravel Security Features: Security Lights; Security System Owned; Smoke Detector(s) Sewer: Public Sewer Special Information: Sold As-Is Sprinkler Description: Auto Sprinkler Tax Information: City/County Utilities: Cable Available; Natural Gas Available; Sewer Available; Water Available Water Access: None Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Listing Agent Must Accompany; Occupied; See Remarks Occupant Details: Owner Occupied Outdoor Living Spaces: Patio Contingencies: None Room Types: Kitchen; Laundry; Living Room; Master Bedroom

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 Laundry

Listing Office: Sotheby's Intl. Realty, Inc.

Last Updated: January - 10 - 2026

515 N Lake Way, Palm Beach, FL 33480- MLS# R10773875

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