$23,750,000
SOLD JAN 24, 2025

1050 N Lake Way Palm Beach, FL 33480

North End Neighborhood
5 Beds
6 Baths
6,347 Sq Ft
0.41 Acres

Recently Sold

$3,742 Per Sq Ft

41% Below List Price

694 Days on Market

Highlights

  • Lake Front
  • Docks
  • Wood Flooring
  • Palm Beach Public School Rated A-
  • Outdoor Pool
  • Regency Architecture

About This Home

As of January 2025

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.

Last Agent to Sell the Property

Christian Angle

Christian Angle Real Estate License #703536 Listed on: 02/16/2023

Last Buyer's Agent

GARY POHRER

THE CORCORAN GROUP 2435

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $83,425

Year Built

  • Built in 1963

Lot Details

  • 0.41 Acre Lot
  • Lake Front
  • Property fronts an intracoastal waterway
  • West Facing Home
  • Property is zoned R-B - Low Density Residential

Parking

  • Attached Garage

Home Design

  • 6,347 Sq Ft Home
  • Regency Architecture
  • Concrete Block And Stucco Construction

Kitchen

  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Docks

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Coral Estates Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434303180000152

Home Details

Home Type

Single Family

Est. Annual Taxes

$83,425

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.41
  • Lot Size: 93
  • Subdivision Name: Coral Estates
  • Architectural Style: Regency
  • Garage Yn: Yes
  • Year Built: 1963
  • Location Tax Legal:Zoned: R-B - Low Density Residential
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 83425.0
  • Location Tax Legal:Tax Year2: 2022
  • General Property Description:Living Area: 6347.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): 93
  • Floors:Hardwood: Yes
  • WaterSewer:Sewer: Yes
  • General Property Description:Lot SqFt: 17860
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:West: Yes
  • Dock:Other Materials2: Yes
  • Waterfront:Lakefront: Yes
  • Style:Regency: Yes
  • Waterfront:ICW-Across Bikepath: Yes
  • Garage 2 Car: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Microwave, Washer, Dryer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Hardwood, Tile, Other Flooring
  • Living Area: 6347.0
  • Window Features: Other
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: ICW-Across Bikepath, Lakefront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Roof: Other
  • Construction:Cement BlockStucco: Yes

Garage/Parking

  • Parking Features: 2 Car, Attached
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes
  • Water Source: City Water, Sewer

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 17860.0
  • Parcel #: 50434303180000152
  • Zoning: R-B - Low Density Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 83425.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 1995
Sold by
Roth Edwin M
Bought by
Engelberg Alfred B and Engelberg Gail M
Current Estimated Value
$14,401,405
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Warranty Deed $3,900,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Sold $23,750,000 -20.6% $3,742 / Sq Ft
01/10/2025 01/10/25 Pending -- -- --
12/11/2024 12/11/24 Price Changed $29,900,000 -5.1% $4,711 / Sq Ft
06/29/2024 06/29/24 Price Changed $31,500,000 -6.0% $4,963 / Sq Ft
01/29/2024 01/29/24 Price Changed $33,500,000 -10.7% $5,278 / Sq Ft
09/26/2023 09/26/23 Price Changed $37,500,000 -3.6% $5,908 / Sq Ft
05/08/2023 05/08/23 Price Changed $38,900,000 -4.0% $6,129 / Sq Ft
02/16/2023 02/16/23 For Sale $40,500,000 -- $6,381 / Sq Ft
Source: Palm Beach Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $85,074 $5,663,460 -- --
2023 $83,279 $5,498,505 $0 $0
2022 $83,424 $5,338,354 $0 $0
2021 $84,887 $5,182,868 $0 $0
2020 $85,068 $5,111,310 $0 $0
2019 $84,910 $4,996,393 $0 $0
2018 $80,681 $4,903,232 $0 $0
2017 $80,723 $4,802,382 $0 $0
2016 $80,389 $4,703,606 $0 $0
2015 $83,141 $4,670,910 $0 $0
2014 $83,543 $4,633,839 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christian Angle

    Seller's Agent in 2025

    Christian Angle

    Christian Angle Real Estate

    (561) 629-3015

    77 in this area

    201 Total Sales

    Christian Angle
    Section Image

  • G

    Buyer's Agent in 2025

    GARY POHRER

    THE CORCORAN GROUP 2435

See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 23-327

APN: 50-43-43-03-18-000-0152

Florida Palm Beach County Palm Beach 33480 North End

1050 N Lake Way, Palm Beach, FL

This home is located at 1050 N Lake Way, Palm Beach, FL 33480 and is currently priced at $23,750,000, approximately $3,741 per square foot. This property was built in 1963. 1050 N Lake Way is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Palm Beach Lakes Community High School.

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