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745 N Lake Way, Palm Beach, FL 33480

$8,995,000

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https://my.matterport.com/show/?m=aMmXkLTSWcH&brand=0

Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 4,330 Status: Closed

Current Price: $8,995,000 List Date: 5/10/2021 Last Modified: 3/13/2026

Description

This elegantly designed 5 Bedroom, 4 1/2 Bathroom (including Powder Room) home boasts soaring ceilings,a first floor Master Suite, gourmet Kitchen with state of the art appliances, perfect for any chef, and custom cabinetry and closets throughout the home. A lovely landscaped Pool, 13 x 36, is reached by French doors from every room along the back of the home. The property features hurricane impact windows and doors. A two car air conditioned garage, also with hurricane impact door, and custom cabinetry, was pristinely updated for the car enthusiast. This home has a prime location, on one of Palm Beaches most coveted streets, within walking distance of the ocean, the Lake Trail, The Beach Club, and the Palm Beach Country Club. Furniture negotiable.

Supplements: Beautiful, mature landscaping was recently enhanced by additional plantings and a stepping stone walkway around the perimeter. In addition, this home is in perfect condition, turnkey, and ready for immediate occupancy.

More Information MLS# R10714838

Contract Information

Comp Sale YN: No Listing Contract Date: 2021-05-10 Status: Closed Original List Price: 10499000 Sold Price: $8,995,000 Current Price: $8,995,000

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 Street Number: 745 Street Direction Prefix: N Street Name: Lake Street Suffix: Way State Or Province: FL Postal Code: 33480 Subdivision Name: MARK RAFALSKY Area: 5001 Parcel Number: 50434310040000630 Zoning: R-B - Low Densi Directions: North bridge to Bradley Place (N Lake Way). Drive north to home on the corner of N Lake Way and Fairview Road.

General Property Information

Living Area Main: 3802 Gated Community YN: No Senior Community YN: No Outdoor Living Spaces YN: Yes Furnished: Negotiable Stories Total: 2 Stories: 2 Pool Private YN: Yes Property Sub Type: Single Family Residence Bedrooms Total: 5 Bathrooms Total: 5 Bathrooms Full: 4 Bathrooms Half: 1 Building Area Main: 4330 Building Area Source: Public Records Year Built: 1992 Garage YN: 1 Attached Garage YN: 1 Garage Spaces: 2 Covered Spaces: 2 Direction Faces: West

Financial Information

Association Deposit YN: No Membership Fee Required YN: No Tax Annual Amount: 53832 Tax Year: 2020 Tax Legal Description: MARK RAFALSKY TR LTS 63 & 64

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Cash Major Change Timestamp: 2022-03-16T20:46:27Z Major Change Type: Status Change Price Change Timestamp: 2021-10-11T17:37:56Z Status Change Date: 2022-03-16 Under Contract Date: 2022-01-19 Close Date: 2022-03-16 Close Price: 8995000

Amenities

None: 1

Dining Area

Eat-In Kitchen: 1 Formal Dining: 1

Electric

Three Phase: 1

Exterior Features

Custom Lighting: 1

Flooring

Marble: 1 Wood: 1

Parking Features

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

Property Condition

Resale: 1

Short Sale Details

Short Sale Addendum: No

Possession

Close Of Escrow: 1

Sewer

Public Sewer: 1

Utilities

Cable 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 Electric Range: 1 Free-Standing Freezer: 1 Ice Maker: 1 Microwave: 1 Refrigerator: 1 Washer: 1 Water Heater: 1

Construction Materials

CBS: 1

Interior Features

Entrance Foyer: 1 French Doors: 1 Walk-In Closet(s): 1

Laundry Features

Inside: 1 Washer Hookup: 1

Listing Terms

Cash: 1 Conventional: 1

Pool Features

Heated: 1

Road Frontage Type

East of US-1: 1

Roof

Concrete: 1 Tile: 1

Security Features

Fire Alarm: 1 Security System Leased: 1 Smoke Detector(s): 1

Water Source

Public: 1

Water Heater Details

Electric Water Heater: 1

Water Softener Details

Water Softener Owned: 1

Architectural Style

Traditional: 1

Cooling

Central Air: 1 Zoned: 1

Showing Requirements

24 Hour Notice: 1 Call Listing Agent: 1 Listing Agent Must Accompany: 1 Text Listing Agent: 1

Main Level Rooms

Main Level Bathrooms: 1 Main Level Bedrooms: 1

Master Bedroom/Bath

Master Bdrm - Ground: 1 Separate Shower: 1 Separate Tub: 1

Pets Allowed YN

Yes: 1

Restrictions

No Restrictions: 1

Storm Protection

Impact Glass: Complete

Storm Protection Details

Storm Shutters: 1

Tax Information

City/County: 1

Showing Details

Pet(s) on Premises: Yes

Outdoor Living Spaces

Patio: 1

Patio Details

Patio - Open: 1

Contingencies

None: 1

Room Types

Bedroom 2: 1 Bedroom 3: 1 Bedroom 4: 1 Bedroom 5: 1 Dining Room: 1 Family Room: 1 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: 2365.86 Original List Price To Close Price: 1.16

Acreage Description

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

Originating Details

Originating System Key: 20210425161542510736000000 Originating System ID: M00000170

Property Features

Dining Area: Eat-In Kitchen; Formal Dining Electric: Three Phase Exterior Features: Custom Lighting Flooring: Marble; Wood Parking Features: Garage Door Opener; Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Free-Standing Freezer; Ice Maker; Microwave; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Water Softener Details: Water Softener Owned Architectural Style: Traditional Construction Materials: CBS Cooling: Central Air; Zoned Heating: Central; Zoned Interior Features: Entrance Foyer; French Doors; Walk-In Closet(s) Laundry Features: Inside; Washer Hookup Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pool Features: Heated Possession: Close Of Escrow Restrictions: No Restrictions Road Frontage Type: East of US-1 Roof: Concrete; Tile Security Features: Fire Alarm; Security System Leased; Smoke Detector(s) Sewer: Public Sewer Sprinkler Description: Auto Sprinkler Storm Protection Details: Storm Shutters Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available Water Access: None Water Source: Public Showing Requirements: 24 Hour Notice; Call Listing Agent; Listing Agent Must Accompany; Text Listing Agent Outdoor Living Spaces: Patio Patio Details: Patio - Open Contingencies: None Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Dining Room; Family Room; Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Room Information

Living Room Length: 26.00 Length: 26.00 Width: 16.00 Width: 16.00 Level: Main Kitchen Length: 26.00 Length: 26.00 Width: 12.00 Width: 12.00 Level: Main Master Bedroom Length: 16.00 Length: 16.00 Width: 15.00 Width: 15.00 Level: Main Dining Room Length: 15.00 Length: 15.00 Width: 12.00 Width: 12.00 Bedroom 2 Length: 16.00 Length: 16.00 Width: 12.00 Width: 12.00 Bedroom 3 Length: 16.00 Length: 16.00 Width: 13.00 Width: 13.00 Bedroom 4 Length: 16.00 Length: 16.00 Width: 13.00 Width: 13.00 Bedroom 5 Length: 10.00 Length: 10.00 Width: 10.00 Width: 10.00 Family Room Length: 26.00 Length: 26.00 Width: 16.00 Width: 16.00 Laundry

Listing Office: Douglas Elliman

Last Updated: March - 13 - 2026

745 N Lake Way, Palm Beach, FL 33480- MLS# R10714838

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