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$23,750,000
1050 N Lake Way
Palm Beach, FL 33480
MLS# RX-10867840
Status: Closed
5 beds  |  5.1 baths  |  6347 sqft


Terrace View
  1 / 54  
Terrace View Aerial Living Area 4 Living Area 5 Living Area 6 Living Area 7 Master Bath 2 Master Bath 4 Master Bed 1 Master Bed 2 Pantry 1 Pantry 2 Patio 1 Pool 1 Pool 2 Pool 3 Pool 4 Powder Room 1 Terrace 1 Terrace 2 Upper Den 1 Upper Hallway 1 Aerial 9 Aerial 10 Bar Area 1 Dining 1 Dining 2 Dining 3 Dining 4 Dining 5 Dining 6 Dock 1 Elevator 1 Family Room 1 Family Room 2 Family Room 3 Foyer 1 Foyer 2 Foyer 3 Foyer 4 Foyer 5 Front 1 Front 2 Guest Bath 1 Guest Bath 2 Guest Bath 3 Guest Bed 1 Gym 1 Kitchen 1 Kitchen 2 Kitchen 3 Living Area 1 Living Area 2 Living Area 3

Property Description
Stunning Contemporary Regency with dramatic views of the Intracoastal waterway and the motor yachts at Rybovich Marina. Excellent open floor plan perfect for indoor and outdoor entertaining. Features gracious living room, formal dining room, sunny and bright interior loggia. Family room with entertaining bar and office with beautiful views of the lake. Elevator leads to expansive second floor primary suite with sprawling, oversized terrace and dual baths. Additional highlights include chef's kitchen, staff bedrooms, and 2-car garage. Beautiful outdoor spaces with pool, Intracoastal dock, and access to the Lake Trail.

Details
Maps
Contract Information
Auction: No
List Price/SqFt: 4710.88
Negotiable Seller Concessions YN: No
Listing Date: 2023-02-17
Status: Closed
Original List Price: 40500000
Sold Price: $23,750,000
Current Price: $23,750,000
General Property Description
Governing Bodies: None
Main Level Bedrooms: 3
Main Level Bathrooms: 4
Property Condition: Resale
Lot Dimensions: 93.0 ft x 184.0 ft
SqFt - Total: 8564
Waterfront: Yes
SqFt Source: Tax Rolls
Gated Community: No
Covered Spaces: 2
Homeowners Assoc: None
Pets Allowed: Yes
Pets on Premises: No
Front Exp: West
Association Deposit: No
Membership Fee Required: No
Private Pool: Yes
Type: Single Family Detached
Total Bedrooms: 5
Baths - Full: 5
Baths - Half: 1
Baths - Total: 5.1
Year Built: 1963
SqFt - Living: 6347
Garage Spaces: 2
Subdivision: CORAL EST
Legal Desc: CORAL ESTATES LOTS 15 & 16 (LESS S 100 FT) & UNDIV INT IN LTS 1-A & 15-A
Lot SqFt: 17884
Total Floors/Stories: 2
Location, Tax & Legal
Geo Area: PB30
Country: United States
State/Province: FL
HOPA: No Hopa
Short Sale: No
Tax Year: 2022
Zoning: R-B(ci
Short Sale A/U: N/A
Short Sale Addendum: No
Taxes: 83424.4
Special Assessment: No
REO: No
Area: 5001
County: Palm Beach
Parcel ID: 50434303180000152
Street #: 1050
Street Dir: N
Street Name: Lake
Street Suffix: Way
Zip Code: 33480
Geo Lat: 26.751033
Geo Lon: -80.041274
Office/Member Info
DXORIGMLNO: RX-10867840
DXORIGMLSID: RML
Status Change Info
Terms of Sale: Cash
Sold Price/SqFt: 3741.92
Under Contract Date: 2025-01-10
Sold Date: 2025-01-24
Sold Price: $23,750,000
Design
Contemporary: 1
Construction
CBS: 1
Master Bedroom/Bath
2 Master Baths: 1
Mstr Bdrm - Upstairs: 1
Separate Shower: 1
Separate Tub: 1
View
Intracoastal: 1
Lake: 1
Rooms
Den/Office: 1
Family: 1
Great: 1
Laundry-Inside: 1
Waterfront Details
Intracoastal: 1
Lake: 1
Lot Description
1/4 to 1/2 Acre: 1
Equip/Appl Included
Dishwasher: 1
Disposal: 1
Dryer: 1
Freezer: 1
Microwave: 1
Range - Gas: 1
Refrigerator: 1
Washer: 1
Private Pool Description
Inground: 1
Cooling
Central: 1
Heating
Central: 1
Exterior Features
Open Balcony: 1
Open Patio: 1
Furnished
Unfurnished: 1
Interior Features
Bar: 1
Built-in Shelves: 1
Elevator: 1
Foyer: 1
Pantry: 1
Walk-in Closet: 1
Wet Bar: 1
Flooring
Wood Floor: 1
Porch/Patio/Balcony
Balcony: 1
Patio: 1
Utilities
Public Sewer: 1
Public Water: 1
Parking
2+ Spaces: 1
Driveway: 1
Garage - Attached: 1
Restrict
Other: 1
Subdiv. Amenities
None: 1
Boat Services
Private Dock: 1
Terms Considered
Cash: 1
Conventional: 1
Possession
At Closing: 1
Storm Protection
Other Protection: Complete
Taxes
City/County: 1
Contingencies
None: 1
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
Property Features
Design: Contemporary
Construction: CBS
View: Intracoastal; Lake
Waterfront Details: Intracoastal; Lake
Private Pool Description: Inground
Lot Description: 1/4 to 1/2 Acre
Exterior Features: Open Balcony; Open Patio
Interior Features: Bar; Built-in Shelves; Elevator; Foyer; Pantry; Walk-in Closet; Wet Bar
Furnished: Unfurnished
Rooms: Den/Office; Family; Great; Laundry-Inside
Parking: 2+ Spaces; Driveway; Garage - Attached
Restrict: Other
Flooring: Wood Floor
Heating: Central
Cooling: Central
Boat Services: Private Dock
Terms Considered: Cash; Conventional
Utilities: Public Sewer; Public Water
Taxes: City/County
Possession: At Closing
Contingencies: None
Room Information
Room Name Length Width Length Level Width
Living Room1.001.001.00Main1.00
Kitchen1.001.001.00Main1.00
Master Bedroom1.001.001.00Upper1.00

IDX
Listing Office: Christian Angle Real Estate

Last Updated: May - 29 - 2025

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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