FREE Home or Market Analysis

1221 N Lake Way, Palm Beach, FL 33480

$19,200,000
Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 5,636 Status: Closed
Current Price: $19,200,000 List Date: 6/17/2024 Last Modified: 1/13/2026

Overview

Description

A beautifully renovated, masterful landmark of Modernist architecture, the Boat House combines the very best elements of life in Palm Beach - the perfect spot on the lakefront with dock and boat-lift, deeded ocean access at the Mockingbird neighborhood beach cabana, and an incredibly elegant, exquisitely renovated, move-in ready home. This nautically themed Art Moderne home faces prow-forward toward dramatic sunsets, its rooftop deck overlooking the pool, dock and sparkling Intracoastal. Sea-going touches include seamed hardwood floors, porthole windows and white-piped terrace railings. The house received a full renovation a few years ago and the current owners then made meaningful improvements of their own.

Supplements: Those improvements include all new AC units including one for the garage, a high-end water filtration system, an oversized wine and beverage fridge, a smart home tech center and electric awning for the dining terrace. And to top it all off- an outdoor infrared sauna! Mockingbird is one of the very few Palm Beach streets with both a private neighbo ...

Listing Details MLS# R10996763

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
5
Bathrooms Total
6
Bathrooms Full
5
Bathrooms Half
Yes
Building Area Main
5636
Building Area Source
Builder
Living Area Main
3202
Year Built
1940
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
2
Covered Spaces
2
Gated Community YN
No
Lot Size Area
14662
Lot Size Acres
0.34
Frontage Length
65
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
2
Stories
2
Direction Faces
East
Fireplace YN
Yes
Pool Private YN
Yes
Furnished
Unfurnished

Property Features

Dining Area: Breakfast Area; Family/Dining Combination Electric: Three Phase Flooring: Terrazzo; Wood Parking Features: Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Gas Range; Ice Maker; Microwave; Refrigerator; Washer; Water Heater; Water Purifier Water Heater Details: Electric Water Heater Water Purifier Details: Water Purifier Owned Architectural Style: Art Deco; Colonial Boat and Dock Features: Electric Available; Lift; Private Dock; Water Available Construction Materials: CBS Cooling: Central Air Heating: Central Interior Features: Elevator; Entrance Foyer; Kitchen Island; Pantry; Upstairs Living Area; Walk-In Closet(s) Laundry Features: Inside; Laundry Closet Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: No Restrictions Pool Features: Heated; In Ground Possession: Close Of Escrow Restrictions: No Restrictions Roof: Tar/Gravel Security Features: Security System; Security System Owned Sewer: Public Sewer Tax Information: City/County Utilities: Natural Gas Available; Sewer Available; Water Available View: Pool Water Access: No Fixed Bridge; Ocean Access Water Source: Public Water View: Intracoastal Waterfront Features: Intracoastal; Navigable Water; Seawall; No Fixed Bridges Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany; Text Listing Agent; See Remarks Outdoor Living Spaces: Balcony; Deck; Patio Balcony Details: Balcony - Covered; Balcony - Open Patio Details: Patio - Open Contingencies: None Room Types: Dining Room; Family Room; Kitchen; Laundry; Living Room; Master Bedroom; Sauna Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
24950000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
1221
Street Direction Prefix
N
Street Name
Lake
Street Suffix
Way
City Name
Palm Beach
State Or Province
FL
Postal Code
33480
Postal Zip
33480
Subdivision Name
MOCKINGBIRD TRAIL TRACT
Area
5001
Geographic Area
PB30
Special Assessment YN
No
Parcel Number
50434303090000011
Zoning
R-B(ci
Directions
Take North Lake Way north, house is on the left at Mockingbird.

Financial Information

Association Deposit YN
No
Membership Fee Required YN
No
Tax Annual Amount
216985
Tax Year
2023
Tax Legal Description
MOCKING BIRD TRAIL TRACT S 65 FT OF LTS 1 & 5

Remarks and Miscellaneous

Public Historical Remarks
Boat Services:Private Dock Y

More Information

Status Change Information

Major Change Timestamp
2025-05-23T13:06:36Z
Major Change Type
Status Change
Price Change Timestamp
2025-01-30T14:15:44Z
Status Change Date
2025-05-23
Under Contract Date
2025-04-18
Close Date
2025-05-23
Close Price
19200000
Buyer Financing
Conventional

Entry Information

Entry Location
Entry Level Living Area Y

Short Sale Details

Short Sale Addendum
No

Boat and Dock Information

Dock
Yes
Boat Max Length
60
Dock Details
Yes
Boat Dock Accommodates
Up to 60 Ft Boat

Main Level Rooms

Main Level Bathrooms
3
Main Level Bedrooms
3

Pool Size Details

Pool Size (WxL)
38'

Storm Protection

Impact Glass
Complete

Showing Details

Pet(s) on Premises
No

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Room Types

Dining Room Level
Main
Family Room Level
Main
Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Second
Dining Room
Yes
Family Room
Yes
Kitchen
Yes
Laundry
Yes
Living Room
Yes
Master Bedroom
Yes
Sauna
Yes

Price Calculations

Current Price To SqFt
5996.25
Original List Price To Close Price
1.29

Originating Details

Originating System Key
20240617152549760673000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Application Fee Details

Application Fee
0

Amenities

Beach Access
Yes
Private Beach Pavilion
Yes

Dining Area

Breakfast Area
Yes
Family/Dining Combination
Yes

Electric

Three Phase
Yes

Flooring

Terrazzo
Yes
Wood
Yes

Parking Features

Attached Garage
Yes
Garage
Yes

Property Condition

Resale
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Utilities

Natural Gas Available
Yes
Sewer Available
Yes
Water Available
Yes

View

Pool
Yes

Heating

Central
Yes

Water Access

No Fixed Bridge
Yes
Ocean Access
Yes

Water View

Intracoastal
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Free-Standing Freezer
Yes
Gas Range
Yes
Ice Maker
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes
Water Heater
Yes
Water Purifier
Yes

Construction Materials

CBS
Yes

Interior Features

Elevator
Yes
Entrance Foyer
Yes
Kitchen Island
Yes
Pantry
Yes
Upstairs Living Area
Yes
Walk-In Closet(s)
Yes

Laundry Features

Inside
Yes
Laundry Closet
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Pool Features

Heated
Yes
In Ground
Yes

Roof

Tar/Gravel
Yes

Security Features

Security System
Yes
Security System Owned
Yes

Water Source

Public
Yes

Waterfront Features

Intracoastal
Yes
Navigable Water
Yes
Seawall
Yes
No Fixed Bridges
Yes

Water Heater Details

Electric Water Heater
Yes

Water Purifier Details

Water Purifier Owned
Yes

Architectural Style

Art Deco
Yes
Colonial
Yes

Boat and Dock Features

Electric Available
Yes
Lift
Yes
Private Dock
Yes
Water Available
Yes

Cooling

Central Air
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes
Listing Agent Must Accompany
Yes
Text Listing Agent
Yes
See Remarks
Yes

Master Bedroom/Bath

Master Bdrm - Upstairs
Yes
Separate Shower
Yes
Separate Tub
Yes

Pets Allowed YN

Yes
Yes

Pets Allowed

No Restrictions
Yes

Pet Details

Pet Fee
0

Restrictions

No Restrictions
Yes

Tax Information

City/County
Yes

Outdoor Living Spaces

Balcony
Yes
Deck
Yes
Patio
Yes

Balcony Details

Balcony - Covered
Yes
Balcony - Open
Yes

Patio Details

Patio - Open
Yes

Contingencies

None
Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot
Yes

Room Information

Room Name Length Width Level
Living Room 29.00 17.40 Main
Kitchen 19.40 13.00 Main
Master Bedroom 16.50 12.00 Second
Family Room 35.00 12.40 Main
Dining Room 15.40 12.90 Main
Laundry
Sauna

Documents

Listing Office: Sotheby's Intl. Realty, Inc.
IDX
Last Updated: January - 13 - 2026
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 2026 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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