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1421 N Lake Way, Palm Beach FL 33480

House Recently Sold
$7,885,000

BTC: 130.54635762

ETH: 4,944.53467445

Sold on: 2022-02-18
1 days
4 bds
3 ba
2,388 sqft

Overview

Classic Palm Beach 4 Bedroom 3 Bath Pool Home on Oversized Lot in Desirable North End of the Island. Situated on more than ¼ acre of land, this tastefully updated Ranch Style home ideal for entertaining with open floor plan, offers a spacious sun-filled dining room, large living room and creatively crafted kitchen with custom cabinetry, built-in bar and kitchen workstation. Main house offers 2 lovely bedrooms with stunning wood flooring, plenty of closet space and 2 bathrooms with walk-in showers. Separate tiled guest cottage, connected by covered walkway, offers two additional bedrooms, respective sitting room and full bath. Privacy and tranquility prevail in the spaciously secluded, yet sizeable backyard retreat boasting a timelessly designed heated pool with spillover spa Covered patio for house and cottage, as well as expansive pool decking, offer extended areas for outdoor dining and overflow entertaining space while enjoying this meticulously landscaped property surrounded by privacy hedges. This gracious home offers complete impact doors and windows, a generously sized two car garage and plenty of parking on the driveway's beautifully maintained pavers. Merely one block from the ocean, enjoy access to the wide private north end beach with shared cabana access, or take a leisurely bike ride along the Intracoastal waterway with access directly across the street!

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Parking Garage
Year Built:
1950
Lot:
0.31 Acres
Heating:
Central / Electric
Price/sqft:
$2,010
Cooling:
Central Air / Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$4,650,000
$2.4M – $7.5M
Confidence Low
List vs. estimate
$150K above estimate
List $4,800,000 · +3.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$2,010
+365.8% vs. city median $431
Based on
5 MLS comparables
+ 7 public-records sales within 0.5 mi
Median actual sale: $8.1M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$44,311
2021
Pool
Fenced
View
Garden, Pool
Garage
2 car garage
Furnished
Furnished,Furniture Only
Pets
Allowed
All facts and features
  • Flooring

    • Wood

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Electric Water Heater

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • Cooking Island

    • Entrance Foyer

    • Stacked Bedroom

    • Attic

    • Other

    • Utility/Laundry In Garage

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 3

  • Parking

    • 2 Or More Spaces

    • Parking Garage

    Property

    • Levels: 1

    • Pool Private: Yes

    Lot

    • Lot: 0.31 Acres

    Other Property Information

    • Parcel Number: 50434234080000420

    • Zoning: R-B(ci

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Sewer Connected

    • Water Connected

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $44,311

  • Source details

    • MLS ID: R10767357

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Laundry Room / In Garage / Utility Room/Laundry

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Patio And Porch Features: Patio

    • Pool Features: Fenced / Heated

    • Window Features: Complete Impact Glass / Blinds / Drapes / Plantation Shutters / Verticals

    • Direction Faces: West

    • Other Structures: Livable

    • Architectural Style: Ranch

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2388

    • Water Source: Public

    • Subdivision Name: NORTH SHORE

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Coldwell Banker Realty