940 N Lake Way, Palm Beach, FL 33480 (MLS# R10881164)

$50,000,000

940 N Lake Way
Palm Beach, FL 33480
MLS# R10881164
Status: Closed
5 beds | 7 baths | 8503 sqft

1 / 18

Property Description
Magnificent Lake Front Regency situated on high elevation with amazing panoramic views!! Deep water concrete dock which can accommodate up to a 130' yacht and includes a 40k lb lift and a 15k lb lift for smaller boats. Private deeded beach access! Spacious floor plan features high ceilings, 5 bedrooms, 6.5 baths, 2 kitchens, 2 offices, media room, billiards room, 4 bars, several water features inside and outside, Gas fireplace, oversized travertine pool terrace and covered loggias perfect for entertaining!!

Details

Maps

Contract Information

Comp Sale YN: No

Listing Date: 2023-04-12

Status: Closed

Original List Price: 55000000

Sold Price: $50,000,000

Current Price: $50,000,000

Location and Legal

County Or Parish: Palm Beach

County Parish Name: Palm Beach

City Name: Palm Beach

Postal Zip: 33480

Geographic Area: PB30

Special Assessment YN: No

Country: United States

Street Number: 940

Street Direction Prefix: N

Street Name: Lake

Street Suffix: Way

State Or Province: FL

Postal Code: 33480

Subdivision Name: Palm Beach

Area: 5001

Parcel Number: 50434310000010052

Zoning: Residential

Directions: Over to Palm Beach via north bridge, left on Bradley Place - follow along to N Lake Way- property on your left

General Property Information

Living Area Main: 7448

Lot Size Dimensions: 128 x 289

Gated Community YN: No

Senior Community YN: No

Outdoor Living Spaces YN: Yes

Furnished: Unfurnished

Stories Total: 1

Stories: 1

Fireplace YN: Yes

Pool Private YN: Yes

Property Sub Type: Single Family Residence

Bedrooms Total: 5

Bathrooms Total: 7

Bathrooms Full: 6

Bathrooms Half: 1

Building Area Main: 8503

Building Area Source: Public Records

Year Built: 1974

Garage YN: 1

Attached Garage YN: 1

Garage Spaces: 2

Covered Spaces: 2

Waterfront YN: 1

Direction Faces: East

Financial Information

Association Deposit YN: No

Membership Fee Required YN: No

Tax Annual Amount: 147303

Tax Year: 2022

Tax Legal Description: 10-43-43, S 128.5 FT OF N 358.5 FT OF SUB B GOV LT 1 LYG W OF LAKE WAY

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Cash

Major Change Timestamp: 2023-07-28T17:15:14Z

Major Change Type: Status Change

Status Change Date: 2023-07-28

Under Contract Date: 2023-04-17

Close Date: 2023-07-28

Close Price: 50000000

Amenities

None: 1

Dining Area

Breakfast Area: 1

Eat-In Kitchen: 1

Formal Dining: 1

Electric

Three Phase: 1

Flooring

Marble: 1

Wood: 1

Other: 1

Parking Features

Garage Door Opener: 1

Attached Garage: 1

Garage: 1

Property Condition

Resale: 1

Short Sale Details

Short Sale Addendum: No

Fencing

Fenced: 1

Possession

Close Of Escrow: 1

Sewer

Public Sewer: 1

Special Information

Sold As-Is: 1

Utilities

Cable Available: 1

Sewer Available: 1

Water Available: 1

View

City: 1

Garden: 1

Pool: 1

Heating

Central: 1

Zoned: 1

Sprinkler Description

Auto Sprinkler: 1

Water Access

No Fixed Bridge: 1

Ocean Access: 1

Water View

Lake: 1

Window Features

Sliding: 1

Appliances

Dishwasher: 1

Dryer: 1

Free-Standing Freezer: 1

Gas Range: 1

Ice Maker: 1

Microwave: 1

Refrigerator: 1

Washer: 1

Construction Materials

CBS: 1

Interior Features

Bar: 1

Central Vacuum: 1

Entrance Foyer: 1

Wet Bar: 1

Levels

Multi/Split: 1

Listing Terms

Cash: 1

Pool Features

In Ground: 1

Road Frontage Type

East of US-1: 1

Roof

Tar/Gravel: 1

Security Features

Security System Owned: 1

Waterfront Features

Intracoastal: 1

Navigable Water: 1

No Fixed Bridges: 1

Boat and Dock Information

Dock: Yes

Boat Max Length: 101

Boat Dock Accommodates: Over 101 Ft Boat

Boat and Dock Features

Electric Available: 1

Hoist/Davit: 1

Lift: 1

Private Dock: 1

Cooling

Central Air: 1

Zoned: 1

Showing Requirements

Appointment Only: 1

Call Listing Agent: 1

Main Level Rooms

Main Level Bathrooms: 6

Main Level Bedrooms: 5

Master Bedroom/Bath

2 Master Baths: 1

Separate Shower: 1

Separate Tub: 1

Pets Allowed YN

Yes: 1

Restrictions

No Restrictions: 1

Storm Protection

Impact Glass: Partial

Panel Shutters: Partial

Storm Protection Details

Storm Shutters: 1

Tax Information

City/County: 1

Showing Details

Pet(s) on Premises: No

Outdoor Living Spaces

Patio: 1

Patio Details

Patio - Open: 1

Contingencies

Inspection: 1

Room Types

Den: 1

Family Room: 1

Garage Apartment: 1

Kitchen: 1

Kitchen Level: Main

Living Room: 1

Living Room Level: Main

Master Bedroom: 1

Master Bedroom Level: Main

Media Room: 1

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Price Calculations

Current Price To SqFt: 6713.21

Original List Price To Close Price: 1.1

Acreage Description

1/2 To Less Than 1 Acre Lot: 1

Originating Details

Originating System Key: 20230412191750299970000000

Originating System ID: M00000170

Property Features

Dining Area: Breakfast Area; Eat-In Kitchen; Formal Dining

Electric: Three Phase

Flooring: Marble; Wood; Other

Parking Features: Garage Door Opener; Attached Garage; Garage

Property Condition: Resale

Appliances: Dishwasher; Dryer; Free-Standing Freezer; Gas Range; Ice Maker; Microwave; Refrigerator; Washer

Boat and Dock Features: Electric Available; Hoist/Davit; Lift; Private Dock

Construction Materials: CBS

Cooling: Central Air; Zoned

Fencing: Fenced

Heating: Central; Zoned

Interior Features: Bar; Central Vacuum; Entrance Foyer; Wet Bar

Levels: Multi/Split

Listing Terms: Cash

Pets Allowed YN: Yes

Pool Features: In Ground

Possession: Close Of Escrow

Restrictions: No Restrictions

Road Frontage Type: East of US-1

Roof: Tar/Gravel

Security Features: Security System Owned

Sewer: Public Sewer

Special Information: Sold As-Is

Sprinkler Description: Auto Sprinkler

Storm Protection Details: Storm Shutters

Tax Information: City/County

Utilities: Cable Available; Sewer Available; Water Available

View: Garden; Pool

Water Access: No Fixed Bridge; Ocean Access

Water View: Lake

Waterfront Features: Intracoastal; Navigable Water; No Fixed Bridges

Window Features: Sliding

Showing Requirements: Appointment Only; Call Listing Agent

Outdoor Living Spaces: Patio

Patio Details: Patio - Open

Contingencies: Inspection

Room Types: Den; Family Room; Garage Apartment; Kitchen; Living Room; Master Bedroom; Media Room

Acreage Description: 1/2 To Less Than 1 Acre Lot

Room Information

Room Name	Length	Width	Level
Living Room	18.00	30.00	Main
Kitchen	20.00	20.00	Main
Master Bedroom	18.00	20.00	Main
Family Room
Garage Apartment
Media Room
Den

Client Testimonials

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Carolyn from the very beginning was professional and very knowledgeable about the area and where to begin the process. Getting all the information together for myself and three out of state siblings was a feat in itself. She definitely took the time and laid out the process and the best course for us to sell quickly, and we did. I have and will recommend her to everyone looking to sell or buy in the area. I look forward to working with again when needed.

Great experience working with Carolyn. She was my advocate throughout the buying process. Her professionalism, courtesy and proactive approach made everything go smoothly. I would highly recommend her expertise.

Carolyn was an immense help in selling our house. She is patient, kind and went out of her way to make the sale of our house possible. Would recommend this competent realtor.

Carolyn was excellent! She showed the house several times and we were in the middle of COVID, she was respectful of both our needs and the potential buyers needs. She was very persistent in getting finding a buyer for us and it was sold in a manner of just a few months!

Carolyn was a pleasure to work with. I took all her advice and she was 100% correct on all her ideas and suggestions. She is extremely responsive to calls & texts. If I were to buy in this area I would use her, and if you are going to sell your home, you should use her.

In such a challenging market, Kristen was very strategic and patient as we searched and searched for the perfect home for our family. She was very thorough, professional while still personal to our needs. Kristen always made herself available. She made the process easy and I would use and recommend her many times over.

Kristen is an amazing realtor. She was there for us from initial listing to closure. Answering questions, resolving issues and guiding us through all the intricacies of the real estate world. She is a true professional and someone we unreservedly recommend.

I had a great experience buying with Carolyn, she went above and beyond to provide me with excellent service. Even after an issue at closing was adamant about helping and protecting my interests.

Kristen Remling was a tremendous asset in the sale of my home. The house went under contract the first day of the listing. They marketed the property beautifully. The contract was solid, and everything went smoothly right through closing. I would recommend Kristen and the MacEvoy Team to anyone looking to buy or sell a home.

Best Realtor!! very professional understanding, caring.

Carolyn was great to work with. We were out of state sellers so Carolyn had to be at the property not just for potential buyers but also for coordinating fix ups, clean ups, meeting contractors and follow ups. She did this all smoothly and professionally. I'd happily work with her again.

5 STAR Responsiveness, 5 STAR Negotiation Skills, 5 STAR Professionalism & Communication, 5 STAR Market Expertise

Carolyn Mac Evoy was friendly, attentive to detail and professional. She handled all of the selling of my villa and handled any problems that came up. She made the sell easy. She protected my property as well. I will use Carolyn again. I recommend Carolyn.

Carolyn Mac Evoy was a charm to work with concerning my residencial property. She hit the nail right on the head with the property pricing. And, was able to bring the buyer along throughout the process. I highly recommend Ms. Mac Evoy for her expertise in the realty field and would hire her again and again.

Carolyn was very on time and informed on showing times, that way you could plan the day around a showing time.Also, very informative if you have a question that was a concern to the listing or closing. Thank you Carolyn Great job listing and selling my home.

Carolyn is as friendly as she is professional. She was in touch with me throughout the selling process, from the listing and pricing experience, through presenting offers, finally accepting an offer and then the closing activities. Couldn't ask for a better salesperson.

Carolyn listened to my needs and answered all my questions and concerns. She was always right on top of things, always friendly, and always helpful. She is now my trusted advisor and friend. I highly recommend her services for all your real estate needs. You won't be disappointed.

Carolyn was simply a great person to work with. Her knowledge and understanding of the real estate market was very comforting and her tenacity reassured us that she was the right person for the job. Without a doubt, I recommend her without any reservations.

Carolyn did a great job of advising me on the steps I should take to prepare the property before listing. She combined her knowledge of the market with almost 20 comparable properties to come up with the listing price and convinced me and (and the buyer) that the property should sell very close to the listing price, which it did. She was a good communicator and very responsive throughout the entire process.

Carolyn was a pleasure to work with. I was out of state and she kept me well informed and went the extra mile to prepare, show and sell my property. She helped me navigate the sale process and was very professional and personalable. Overall a great experience with Carolyn.

Carolyn MacEvoy is the EPITOME of real estate, she is extremely knowledgeable and most helpful in any situation! Carolyn goes above and beyond the call of duty, we had questions and she was amazingly already taking care of it. My husband and I not only found the BEST real estate agent but a wonderful friend too.

Carolyn was a joy to work with. She really knows the market and gave us informed advice always looking out for our best interests. I highly recommend her for anyone buying or selling property on the Treasure Coast.

She was always one text away morning noon or night Excellent personal service She was consistently positive She feared nothing Worked with me like a true business partner Ultimately sold my home with in the time frame.

Ms. MacEvoy worked with us through the entire process. She was professional, communicating every step of the way. Whenever a potential obstacle may appear, she was ahead of the game, not only alerting us of potential issues, but also providing solutions. Have recommended her to others and would use her again for any future real estate needs.

Carolyn did a great job in helping me find my home. She listened carefully to my wants and needs and, most importantly, price range. She was always very friendly and professional, and I would recommend her highly to anyone planning to buy or sell their home.

As we all know moving can be extremely stressful… Carolyn went above and beyond to make sure everything went smoothly even went as far as helping me in my move on Labor Day weekend…She truly caresand is there for you every step of the way… I highly recommend her!

My husband and I have been working with Carolyn for the past year. She is a consummate professional, with extensive knowledge of the market. She is personable and is always willing to go the extra mile for her clients. She is a pleasure to work with. I would wholeheartedly recommend her to anyone.

Very responsive and cooperative.

Knowledgeable, professional, personable. She sold our home in 6 weeks at fair market value in early 2019.

Carolyn worked so hard to make sure my townhouse sold even with the Coronavirus going on. She was on top of the showings, and followed up with other realtors. She gave me great feedback on the showings. I was an out of state owner, and Carolyn really went above and beyond to check in on the property during the listing. I would highly recommend her to sell your property.

This is a long overdue review. Last year, Carolyn Mac Evoy listed, and sold, a house for me in Vero Beach.... A dear friend recommended Carolyn - saying I could rely completely on her professional manner and skill. He was right. Carolyn came in, took photos , had house listing up that night . Sold that week.(...) For once in my life, I had the sense to take the advice of someone who knew exactly what to do. She is dedicated, professional and real estate is her passion. It shows. Just call her!