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1421 N Lake Way, Palm Beach, FL 33480 (MLS# RX-11078527)

1421 N Lake Way, Palm Beach, FL 33480

$10,900,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,388 Status: Active
Current Price: $10,900,000 Last Modified: 11/05/2025

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 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..

Supplements: 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!

More Information MLS# RX-11078527

Contract Information

Listing Date: 2025-04-04 Status: Active Original List Price: 11900000 Auction: No List Price: $10,900,000 Current Price: $10,900,000 List Price/SqFt: 4564.48

General Property Description

Type: Single Family Detached Governing Bodies: None Main Level Bedrooms: 4 Total Bedrooms: 4 Main Level Bathrooms: 3 Baths - Full: 3 Baths - Total: 3 Property Condition: Resale Year Built: 1950 SqFt - Total: 3186 SqFt - Living: 2388 SqFt Source: Other Gated Community: No Garage Spaces: 2 Covered Spaces: 2 Homeowners Assoc: None Association Deposit: No Membership Fee Required: No Directions: N Lake Way, Right on Reef Rd Subdivision: NORTH SHORE Legal Desc: NORTH SHORE ADD TO PALM BEACH LT 42 Lot SqFt: 13504 Lot Dimensions: 123.0 ft x 105.0 ft Waterfront: No Front Exp: West Private Pool: Yes Spa: Yes Pets Allowed: Yes Pets on Premises: No Total Floors/Stories: 1

Location Tax Legal

Area: 5001 County: Palm Beach Parcel ID: 50434234080000420 Street #: 1421 Street Dir: N Street Name: Lake Street Suffix: Way Zip Code: 33480 Geo Lat: 26.763813 Geo Lon: -80.040327

Property Features

Construction: Other View: Garden; Pool Waterfront Details: None Private Pool Description: Heated; Inground; Spa Spa Features: Above Ground Lot Description: East of US-1; 1/4 to 1/2 Acre; Corner Lot Exterior Features: Cabana; Covered Patio; Open Patio Interior Features: Foyer; Kitchen Island; Stack Bedrooms Furnished: Furniture Negotiable; Unfurnished Rooms: Great Parking: 2+ Spaces; Driveway; Garage - Attached Restrict: Buyer Approval; Lease OK Security: None Flooring: Tile; Wood Floor; Other Heating: Central Cooling: Central Dining Area: Dining/Kitchen; Eat-In Kitchen Terms Considered: Cash Utilities: Cable; Electric; Public Sewer; Water Available Storm Protection: None Special Info: Sold As-Is Taxes: City/County Showing Instructions: Text Listing Agent

Room Information

Living Room Length: 30.00 Width: 21.65 Length: 30.00 Level: Main Width: 21.65 Kitchen Length: 13.75 Width: 17.10 Length: 13.75 Level: Main Width: 17.10 Master Bedroom Length: 16.00 Width: 13.10 Length: 16.00 Level: Main Width: 13.10
Listing Office: Douglas Elliman
Last Updated: November - 05 - 2025
1421 N Lake Way, Palm Beach, FL 33480- MLS# RX-11078527
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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