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$14,300,000
1221 N Lake Way
Palm Beach, FL 33480
MLS# RX-10669777
Status: Closed
6 beds  |  6.1 baths  |  4848 sqft


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POOL ANGLE SUNSET POOL SUNSET POOL_STRAIGHT REAR SIDE FRONT 1221 N Lake Way Twilight MLS-2 SOUTH COURTYARD REAR_TO_DOCK DOCK_TO_HOUSE LOGGIA_VIEW WEST BALCONY ROOFTOP BALCONY FAMILY ROOM FAMILY ROOM FAMILY ROOM LIVING ROOM FAMILY ROOM SITTING AREA FAMILY ROOM FLOORPLAN 1ST FLOOR FLOORPLAN 2ND FLOOR 1221 N LAKE WAY

Property Description
PALM BEACH LAKEFRONT. Expertly renovated by Todd Michael Glaser. ''Nautical Mansion'' originally designed by Belford Shoumate, a beloved architect of Modernism on Palm Beach. Newly re-imagined & expanded: 6,040 SqFt with 6 BR, 6.5 BA, pool, deep water dock & deeded beach access. A truly rare lakefront offering at $14.9MM. 65' of Intracoastal frontage affording lovely views & amazing sunsets. 7.0 NAVD (8.5 NGVD). 14,600+SqFt Lot

Details
Maps
Contract Information
Auction: No
List Price/SqFt: 3073.43
Listing Date: 2020-11-09
Status: Closed
Original List Price: 13900000
Sold Price: $14,300,000
Current Price: $14,300,000
General Property Description
Governing Bodies: None
Main Level Bedrooms: 3
Main Level Bathrooms: 3
Property Condition: Resale
SqFt - Total: 6040
Waterfront: Yes
SqFt Source: Developer
Waterfrontage: 65
Gated Community: No
Covered Spaces: 2
Homeowners Assoc: None
Pets Allowed: Yes
Pet Fee: 0
Pets on Premises: Yes
Front Exp: West
HOA/POA/COA (Monthly): 0
Application Fee: 0
Association Deposit: No
Directions: Call Listing Office
Dock: Yes
Membership Fee Required: No
Private Pool: Yes
Type: Single Family Detached
Total Bedrooms: 6
Baths - Full: 6
Baths - Half: 1
Baths - Total: 6.1
Year Built: 1940
SqFt - Living: 4848
Garage Spaces: 2
Subdivision: MOCKINGBIRD TRAIL TRACT
Legal Desc: MOCKING BIRD TRAIL TRACT S 65 FT OF LTS 1 & 5
Lot SqFt: 14634
Total Floors/Stories: 2
Location, Tax & Legal
Geo Area: PB30
State/Province: FL
HOPA: No Hopa
Short Sale: No
Tax Year: 2020
Zoning: R-B(ci
Short Sale A/U: N/A
Short Sale Addendum: No
Taxes: 103104
Special Assessment: No
REO: No
Area: 5001
County: Palm Beach
Parcel ID: 50434303090000011
Street #: 1221
Street Dir: N
Street Name: Lake
Street Suffix: Way
Zip Code: 33480
Geo Lat: 26.757006
Geo Lon: -80.040943
Office/Member Info
DXORIGMLNO: RX-10669777
DXORIGMLSID: RML
Status Change Info
Terms of Sale: Cash
Sold Price/SqFt: 2949.66
Under Contract Date: 2021-02-26
Sold Date: 2021-04-19
Sold Price: $14,300,000
Construction
CBS: 1
Master Bedroom/Bath
Mstr Bdrm - Upstairs: 1
Separate Shower: 1
View
Intracoastal: 1
Pool: 1
Rooms
Family: 1
Waterfront Details
Intracoastal: 1
Navigable: 1
No Fixed Bridges: 1
Ocean Access: 1
Seawall: 1
Lot Description
1/4 to 1/2 Acre: 1
Equip/Appl Included
Dishwasher: 1
Dryer: 1
Freezer: 1
Refrigerator: 1
Washer: 1
Cooling
Central: 1
Heating
Central: 1
Exterior Features
Covered Balcony: 1
Open Patio: 1
Furnished
Unfurnished: 1
Interior Features
Elevator: 1
Fireplace(s): 1
Foyer: 1
Pantry: 1
Upstairs Living Area: 1
Walk-in Closet: 1
Flooring
Terrazzo Floor: 1
Wood Floor: 1
Utilities
None: 1
Parking
2+ Spaces: 1
Garage - Attached: 1
Restrict
Other: 1
Security
Security Sys-Owned: 1
Roof
Tar/Gravel: 1
Subdiv. Amenities
None: 1
Boat Services
Private Dock: 1
Terms Considered
Cash: 1
Conventional: 1
Possession
At Closing: 1
Storm Protection
Impact Glass: Complete
Taxes
City/County: 1
Contingencies
None: 1
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
Property Features
Construction: CBS
View: Intracoastal; Pool
Waterfront Details: Intracoastal; Navigable; No Fixed Bridges; Ocean Access; Seawall
Lot Description: 1/4 to 1/2 Acre
Exterior Features: Covered Balcony; Open Patio
Interior Features: Elevator; Fireplace(s); Foyer; Pantry; Upstairs Living Area; Walk-in Closet
Furnished: Unfurnished
Rooms: Family
Parking: 2+ Spaces; Garage - Attached
Restrict: Other
Security: Security Sys-Owned
Flooring: Terrazzo Floor; Wood Floor
Heating: Central
Cooling: Central
Roof: Tar/Gravel
Boat Services: Private Dock
Terms Considered: Cash; Conventional
Utilities: None
Taxes: City/County
Possession: At Closing
Contingencies: None
Supplements
DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. The listing company's marketplace is all of the following: Vero Beach, Town of Orchid, Indian River Shores, Town of Palm Beach, West Palm Beach, Manalapan Beach, Point Manalapan, Hypoluxo Island, Ocean Ridge, Gulf Stream, Delray Beach, Highland Beach, Boca Raton, East Deerfield Beach, Hillsboro Beach, Hillsboro Shores, East Pompano Beach, Lighthouse Point, Sea Ranch Lakes and Fort Lauderdale. Cooperating brokers are advised that in the event of a Buyer default, no commission will be paid to a cooperating Broker on the Deposits retained by the Seller. No commissions are paid to any cooperating broker until title passes or upon actual commencement of a lease. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Copyright 2021 by the listing company. All Rights Reserved.
Room Information
Room Name Length Width Length Level Width
Living Room29.0017.4029.00Main17.40
Kitchen19.4013.0019.40Main13.00
Master Bedroom16.5012.0016.50Second12.00
Family Room35.0012.4035.00Main12.40
Dining Room15.4012.9015.40Main12.90

IDX
Listing Office: Premier Estate Properties, Inc

Last Updated: June - 15 - 2021

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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