- MLS#: R11078527 ( Residential )
- Street Address: 1421 Lake Way
- Viewed: 144
- Price: $10,900,000
- Price sqft: $3,421
- Waterfront: No
- Year Built: 1950
- Bldg sqft: 3186
- Bedrooms: 4
- Total Baths: 3
- Full Baths: 3
- Garage / Parking Spaces: 2
- Days On Market: 340
- Additional Information
- Geolocation: 27 / -80
- County: Palm Beach
- City: Palm Beach
- Zipcode: 33480
- Subdivision: North Shore
- Elementary School: Palm Beach Public
- High School: Palm Beach Lakes
- Provided by: Douglas Elliman
- DMCA Notice
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PRICED AT ONLY: $10,900,000
Address: 1421 Lake Way, Palm Beach, FL 33480
Would you like to sell your home before you purchase this one?
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 (plans are expired, not to resubmit), 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 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!
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Building and Construction
- Flooring: Wood, Other
- Other Structures: Cabana
Land Information
- Lot Features: Corner Lot
School Information
- High School: Palm Beach Lakes
- School Elementary: Palm Beach Public
Garage and Parking
- Parking Features: Attached Garage, Garage
Eco-Communities
- Pool Features: Heated, In Ground
Utilities
- Cooling: Central Air
- Electric: Three Phase
- Heating: Central
- Pets Allowed: Yes
- Road Frontage Type: East of US-1
- Sewer: Public Sewer
- Utilities: Cable Available, Sewer Available, Water Available
Amenities
- Association Amenities: Cabana, Private Beach Pavilion
Finance and Tax Information
- Tax Year: 2024
Other Features
- Appliances: Electric Water Heater, Cooktop, Dishwasher, Disposal, Dryer, Electric Range, Free-Standing Freezer, Microwave, Refrigerator, Washer, Water Heater
- Furnished: Unfurnished
- Interior Features: Bedroom Layout - Stacked, Entrance Foyer, Kitchen Island
- Legal Description: NORTH SHORE ADD TO PALM BEACH LT 42
- Parcel Number: 50434234080000420
- Views: 144
- Zoning Code: R-B(ci
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