1496 N Lake Way, Palm Beach, FL 33480

New Listing

$9,000,000

Virtual Tour

https://www.propertypanorama.com/1496-N-Lake-Way-Palm-Beach-FL-33480/unbranded

Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 4,225 Status: Active

Current Price: $9,000,000 List Date: 6/17/2026 Last Modified: 6/17/2026

Overview

Description

Rare opportunity on Palm Beach Island's coveted north end. Set on an exceptional .22 acre parcel between the Atlantic Ocean and Intracoastal Waterway, this Mid-Century Modern residence offers endless possibilities to restore, renovate, or build a spectacular new estate. Surrounded by lush tropical landscaping and just a short walk to the beach, this property combines privacy, location, and extraordinary potential in one of Palm Beach's most desirable settings.

Listing Details MLS# B26042044

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 2
Bathrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Building Area Main: 4225
Building Area Source: Assessor
Living Area Main: 2883
Living Area Source: Assessor
Adjusted Area Main: 3161
Accessibility Features YN: No
Year Built: 1954
Garage YN: Yes
Attached Garage YN: Yes
Garage Spaces: 2
Covered Spaces: 2
Parking Total: 6
Gated Community YN: No
Lot Size Area: 9583.2
Lot Size Acres: 0.22
Senior Community YN: No
Land Lease YN: No
Recreation Lease YN: No
Guest House YN: No
Outdoor Living Spaces YN: Yes
Stories Total: 2
Stories: 2
Direction Faces: North
Fireplace YN: No
Pool Private YN: Yes
LP/Assessed Value: 3.46

Property Features

Dining Area: Breakfast Area; Dining/Living Room; Snack Bar/Counter Exterior Features: Private Rooftop Terrace; Storage Flooring: Concrete; Marble Parking Features: Garage Door Opener; Attached Garage; Garage Property Condition: Resale Special Listing Conditions: Standard Appliances: Electric Range; Oven; Refrigerator Architectural Style: Mid-Century Modern Construction Materials: Concrete Cooling: Central Air Fencing: Back Yard; Masonry Heating: Central Interior Features: Bedroom Layout - Split; Built-in Features; Entrance Foyer; Roman Tub; Storage Levels: Two Listing Terms: Cash; Conventional Lot Features: Corner Lot; Landscaped; Many Trees Main Living Area: Entry Level Membership: No Membership Available Pets Allowed YN: Yes Pets Allowed: No Restrictions Pool Features: Free Form; In Ground Possession: Close Of Escrow Restrictions: No Restrictions Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Flat Sewer: Public Sewer Sprinkler Description: Auto Sprinkler Structure Type: House Tax Information: City/County Utilities: Cable Available; Electricity Available; Sewer Available; Water Available; Underground Utilities View: Garden; Pool Water Source: Public Showing Requirements: 24 Hour Notice; Listing Agent Must Accompany; Schedule Online Outdoor Living Spaces: Balcony; Deck; Patio; Terrace Balcony Details: Balcony - Covered Patio Details: Patio - Covered; Patio - Open Room Types: Kitchen; Living Room; Master Bedroom Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 9000000
Negotiable Seller Concessions YN: No
Occupant Type: Vacant
Listing Service: Full Service
Seller Represented YN: Yes

Location and Legal

Country: United States
County Or Parish: Palm Beach
Street Number: 1496
Street Direction Prefix: N
Street Name: Lake
Street Suffix: Way
Municipality Type: Incorporated
Municipal Code: 50
State Or Province: FL
Postal Code: 33480
Postal Code +4: 3031
Subdivision Name: BOCA RATONE CO INLET
Area: 5001
Geographic Area: PB30
Elementary School: Palm Beach Public
High School: Palm Beach Lakes
Special Assessment YN: No
Parcel Number: 50434234030001071
Subdivision Number: 3
Zoning: R-B (city)
Flood Zone: AE,X
Directions: N Lake Way to corner of Mediterranean and N Lake Way

Financial Information

Application Required YN: No
Master Association YN: No
Membership Fee Required YN: No
Tax Annual Amount: 50226.34
Tax Year: 2025
Tax Assessed/SOH Value: 2600475
Tax Legal Description: BOCA RATONE CO INLET SUB REV LAKE FRONT ADD W 10 FT OF LT 107 & LT 114
Assessor Market Value: 4317875
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-06-17T03:42:56Z
Major Change Type: New Listing
Status Change Date: 2026-06-16

More Information

Entry Information

Entry Level: Yes

Leasing Permitted Details

Leasing Permitted YN: No

Parking Information

Open Parking Spaces: 4

Capital Contributions

Capital Contributions YN: No

Co-Ownership

Property Management YN: No

Main Level Rooms

Main Level Bathrooms: Yes

Pet Details

Pet Fee YN: No

Price Calculations

Current Price To SqFt: 3121.74

Originating Details

Originating System Key: 20260617011716598313000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Dining Area

Breakfast Area: Yes
Dining/Living Room: Yes
Snack Bar/Counter: Yes

Exterior Features

Private Rooftop Terrace: Yes
Storage: Yes

Flooring

Concrete: Yes
Marble: Yes

Parking Features

Garage Door Opener: Yes
Attached Garage: Yes
Garage: Yes

Property Condition

Resale: Yes

Special Listing Conditions

Standard: Yes

Fencing

Back Yard: Yes
Masonry: Yes

Structure Type

House: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Electricity Available: Yes
Sewer Available: Yes
Water Available: Yes
Underground Utilities: Yes

View

Garden: Yes
Pool: Yes

Heating

Central: Yes

Sprinkler Description

Auto Sprinkler: Yes

Appliances

Electric Range: Yes
Oven: Yes
Refrigerator: Yes

Construction Materials

Concrete: Yes

Interior Features

Bedroom Layout - Split: Yes
Built-in Features: Yes
Entrance Foyer: Yes
Roman Tub: Yes
Storage: Yes

Levels

Two: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Corner Lot: Yes
Landscaped: Yes
Many Trees: Yes

Pool Features

Free Form: Yes
In Ground: Yes

Road Responsibility

Public Maintained Road: Yes

Road Surface Type

Paved: Yes

Roof

Flat: Yes

Water Source

Public: Yes

Architectural Style

Mid-Century Modern: Yes

Cooling

Central Air: Yes

Showing Requirements

24 Hour Notice: Yes
Listing Agent Must Accompany: Yes
Schedule Online: Yes

Main Living Area

Entry Level: Yes

Master Bedroom/Bath

2 Master Suites: Yes

Membership

No Membership Available: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

No Restrictions: Yes

Restrictions

No Restrictions: Yes

Tax Information

City/County: Yes

Outdoor Living Spaces

Balcony: Yes
Deck: Yes
Patio: Yes
Terrace: Yes

Balcony Details

Balcony - Covered: Yes

Patio Details

Patio - Covered: Yes
Patio - Open: Yes

Room Types

Kitchen: Yes
Living Room: Yes
Master Bedroom: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes
Less Than 1 Acre Lot: Yes

Room Information

Room Name
Kitchen
Living Room
Master Bedroom

Listing Office: Compass Florida LLC

Last Updated: June - 17 - 2026

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1496 N Lake Way, Palm Beach, FL 33480 (MLS# B26042044)