1421 N Lake Way, Palm Beach, FL 33480

$10,900,000

Virtual Tour

https://www.propertypanorama.com/1421-N-Lake-Way-Palm-Beach-FL-33480/unbranded

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 3,186 Status: Active

Current Price: $10,900,000 List Date: 4/04/2025 Last Modified: 9/16/2026

Overview

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,

Supplements: 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 ... (Read more)

Listing Details MLS# R11078527

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 4
Bathrooms Total: 3
Bathrooms Full: 3
Building Area Main: 3186
Building Area Source: Other
Living Area Main: 2388
Year Built: 1950
Garage YN: Yes
Attached Garage YN: Yes
Garage Spaces: 2
Covered Spaces: 2
Gated Community YN: No
Lot Size Area: 13504
Lot Size Acres: 0.31
Lot Size Dimensions: 123.0 ft x 105.0 ft
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: Yes
Stories: Yes
Direction Faces: West
Pool Private YN: Yes
Spa YN: Yes
Furnished: Unfurnished

Property Features

Dining Area: Eat-In Kitchen; Kitchen Dining Electric: Three Phase Flooring: Wood; Other Leasing Permitted Details: Okay To Lease Parking Features: Attached Garage; Garage Property Condition: Resale Spa Features: Above Ground Appliances: Dishwasher; Disposal; Dryer; Electric Range; Free-Standing Freezer; Microwave; Refrigerator; Washer; Water Heater; Cooktop Water Heater Details: Electric Water Heater Construction Materials: Other Cooling: Central Air Heating: Central Interior Features: Bedroom Layout - Stacked; Entrance Foyer; Kitchen Island Listing Terms: Cash Lot Features: Corner Lot Other Structures: Cabana Pets Allowed YN: Yes Pool Features: Heated; In Ground Possession: Close Of Escrow Restrictions: Buyer Approval Required Road Frontage Type: East of US-1 Security Features: None Sewer: Public Sewer Special Information: Sold As-Is Storm Protection Details: None Structure Type: House Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available View: Garden; Pool Water Access: None Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Listing Agent Must Accompany; Text Listing Agent Outdoor Living Spaces: Patio Patio Details: Patio - Covered; Patio - Open Room Types: Great Room; Kitchen; Living Room; Master Bedroom Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 11900000

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 1421
Street Direction Prefix: N
Street Name: Lake
Street Suffix: Way
City Name: Palm Beach
State Or Province: FL
Postal Code: 33480
Postal Zip: 33480
Subdivision Name: NORTH SHORE
Area: 5001
Geographic Area: PB30
Elementary School: Palm Beach Public
High School: Palm Beach Lakes
Special Assessment YN: No
Parcel Number: 50434234080000420
Zoning: R-B(ci
Directions: N Lake Way, Right on Reef Rd

Financial Information

Membership Fee Required YN: No
Tax Annual Amount: 108933
Tax Year: 2024
Tax Legal Description: NORTH SHORE ADD TO PALM BEACH LT 42

Status Change Information

Major Change Timestamp: 2025-04-18T16:24:58Z
Major Change Type: Price Reduced
Price Change Timestamp: 2025-04-18T16:24:58Z
Status Change Date: 2025-04-04

More Information

Leasing Permitted Details

Leasing Permitted YN: Yes

Main Level Rooms

Main Level Bathrooms: 3
Main Level Bedrooms: 4

Room Types

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

Price Calculations

Current Price To SqFt: 4564.48

Originating Details

Originating System Key: 20250401161958982672000000
Originating System ID: M00000170

Room Information

Room Name	Length	Width	Level
Living Room	30.00	21.65	Main
Kitchen	13.75	17.10	Main
Master Bedroom	16.00	13.10	Main
Great Room

Listing Office: Douglas Elliman

Last Updated: September - 16 - 2026

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1421 N Lake Way, Palm Beach, FL 33480 (MLS# R11078527)