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1421 Lake Way
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PRICED AT ONLY: $10,900,000

Address: 1421 Lake Way, Palm Beach, FL 33480

Description

RARE OPPORTUNITY!! Palm Beach's coveted North End on Cabana streetthis exceptional property offers endless possibilities. Perfectly livable yet primed for a custom rebuild, this oversized lot comes with ARCOM approved plans, 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.. 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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  • MLS#: R11078527 ( Residential )
  • Street Address: 1421 Lake Way
  • Viewed: 123
  • 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: 304

Description

RARE OPPORTUNITY!! Palm Beach's coveted North End on Cabana streetthis exceptional property offers endless possibilities. Perfectly livable yet primed for a custom rebuild, this oversized lot comes with ARCOM approved plans, 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.. 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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Features
Building and Construction
  • Flooring: Wood, Other
  • Other Structures: Cabana
Land Information
  • Lot Features: Corner Lot
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
  • 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: 123
  • Zoning Code: R-B(ci
Nearby Subdivisions
Adams   Adams Add In   Allard Sub P B In   Alto Lido   Bahama Add In   Bello Lido   Bello Lido Resub   Bingham Copp Tr   Boulevard Estates   Brams Add   Brazilian Of Palm Beach   Breezy Acres   Bungalow Park Add   Casa Bendita   Coral Est   Dodge Estates In   Drake Park   East Shore   El Dorado Park   El Encanto   El Encanto 2   El Encanto In   Erbs Daisy E Add   Esplanade Estates   Floral Park   Floral Park Add No 1   Gregory Add & Repl Pb16p71 & P   Gregory Addn   Hill Sub   Jamaica Lane   Jamaica Lane In   Lagomar Park 2   Lima Addition   List   Manana Estates   Manana Estates 2   Manana Estates 3   Mockingbird Trail Tract   N/a   New Siears Tr   None Given   North Shore   Ocean Lane In   Ocean Park H W Robbins   Ocean Park H W Robbins Add In   Ocean Terrace   Ocean View   Palm Beach Estates   Palm Beach Ests Pb In   Palm Beach Shores Rev   Phipps Estates   Phipps Plaza   Plaza Pl   Plaza Pl In   Poinciana Park   Poinciana Park 2nd Add   Poinciana Park 3rd Add   Polan Sub   President Palm Beach Condo   Primavera Estates (lake Front)   Primavera Estates (middle Sec)   Proximity Park In   Rafalsky Mark   Rafalsky Mark Repl In   Regents Park In   Roots   Royal Park   Royal Park Add To P B In   Sea Isle Est   Singer   Stotesbury Park Rev   Tangier Est   Tropical Isle   Via Vizcaya   Via Vizcaya Add In   Vita Serena   Woods Landing   Woods Landing 2  
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