1421 N Lake Way, Palm Beach FL 33480

$10,900,000

$4564/sq ft

$1,000,000
Price Decreased

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Overview

Bedroom

4

Bath

3

Year Built

1950

Garage

2

Sqft

2388

Property Type

Single Family Residence

Property 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!

Property Details

MLS#

R11078527

Garage

2

Total Floor in Bldg

1

Address

1421 Lake N

City

Palm Beach

State/county

FL

Zip/Postal Code

33480

Area

North Shore

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$108,933

Maint Fee

$--

Tax Year

2024

Electric Water Heater

Dishwasher

Disposal

Dryer

Free-Standing Freezer

Microwave

Electric Range

Refrigerator

Washer

Garden

Pool

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Boris Gelfand