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1496 N Lake Way, Palm Beach FL 33480

House For Sale
$9,000,000

BTC: 142.85714286

ETH: 5,113.63636364

1 days
2 bds
2 ba
2,883 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Parking Garage
Year Built:
1954
Lot:
0.22 Acres
Heating:
Central
Price/sqft:
$3,122
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,500,000
$650K – $8.0M
Confidence Low
List vs. estimate
$7.5M above estimate
List $9,000,000 · +500.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$3,121
+585.7% vs. city median $455
Based on
11 MLS comparables
+ 7 public-records sales within 0.5 mi
Median actual sale: $7.5M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$50,226
2025
Pool
Free Form
View
Garden, Pool
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Concrete

    • Marble

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Electric Range

    • Refrigerator

    • Self Cleaning Oven

    • Wall Oven

    Other interior features

    • Built-in Features

    • Entrance Foyer

    • Roman Tub

    • Split Bedroom

    • Storage

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Bathrooms: 1

    • Full bathrooms: 2

  • Parking

    • 2 Or More Spaces

    • Parking Garage

    Property

    • Levels: 2

    • Pool Private: Yes

    • Exterior Features: Balcony

    Lot

    • Lot: 0.22 Acres

    Other Property Information

    • Parcel Number: 50434234030001071

    • Zoning: R-B (city)

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Underground Utilities

    • Water Connected

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $50,226

  • Source details

    • MLS ID: B26042044

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Less Than 1/4 Acre Lot / Corner Lot / Less Than 1 Acre / Treed Lot

    • Patio And Porch Features: Patio

    • Pool Features: Free Form

    • Direction Faces: North

    • Other Structures: Livable

    • Architectural Style: Two Story

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2883

    • Water Source: Public

    • Subdivision Name: BOCA RATONE CO INLET

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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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: Compass Florida LLC