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1421 N Lake Way, Palm Beach FL 33480

Lots/Land For Sale
$10,900,000

BTC: 175.52334944

ETH: 6,477.68467344

245 days
0 room(s)

Overview

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!

Location

Details

Type:
Land/Boat Docks
Parking:
No Data
Year Built:
No Data
Lot:
0.31 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$8,445,000
$239K – $12.6M
Confidence Low
List vs. estimate
$2.5M above estimate
List $10,900,000 · +29.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
10 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
$108,773
2025
All facts and features
  • Lot

    • Lot: 0.31 Acres

    Other Property Information

    • Parcel Number: 50434234080000420

    • Zoning: Res

  • Type and style

    • Property Type: Land/Boat Docks

    • Property Sub Type: Agriculture

  • Utility

    • Electricity Connected

    • Sewer Connected

    • Water Connected

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $108,773

  • Source details

    • MLS ID: R11130361

    Other facts

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

    • Direction Faces: West

    • Water Source: Public

    • Subdivision Name: NORTH SHORE ADD TO P B IN

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: Douglas Elliman