$34,900,000

1246 N Lake Way Palm Beach, FL 33480

North End Neighborhood

Estimated payment $188,162/month

Total Views 19,489
5 Beds
8 Baths
4,649 Sq Ft
$7,507 Price per Sq Ft

Highlights

  • Lake Front
  • Dock has access to electricity and water
  • Pool and Spa
  • Palm Beach Public School Rated A-
  • Home Theater
  • Marble Flooring

About This Home

Spectacular Newly Completed Lakefront home with deep water dock and access to the Lake Trail. With spectacular views of the Intracoastal, this stunning home has been beautifully restored and features 5 bedrooms, 7 bathrooms, 1 powder room, and over 6,800 total square feet. Fabulous courtyard pool area perfect for outdoor entertaining with covered loggia, expansive patio, salt-water pool, and spa. Interior highlights include formal dining room, fabulous eat-in kitchen, media room, and den. Beautiful Primary Suite with dressing room, large bath with dual sinks, and breathtaking views. Additional features include lush tropical landscaping, 2-car garage, multiple balconies, and charming entry portico.

Listing Agent

Christian Angle

Christian Angle Real Estate License #703536 Listed on: 11/13/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,282

Year Built

  • Built in 1962

Lot Details

  • 0.33 Acre Lot
  • Lake Front
  • Property fronts an intracoastal waterway
  • Home has East and West Exposure
  • Back and Front Yard Fenced
  • Sprinkler System
  • Property is zoned R-B - Low Density Residential

Home Design

  • Bermuda Architecture
  • Poured Concrete
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,649 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Casement Windows
  • Dining Room
  • Home Theater
  • Library
  • Storage
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Double Convection Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 8 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door

Parking

  • Detached Garage
  • Garage Door Opener

Pool

  • Pool and Spa
  • Gas Heated Pool
  • Outdoor Pool
  • Saltwater Pool

Outdoor Features

  • Dock has access to electricity and water
  • Dock made with wood
  • Balcony
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Alto Lido Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434303080000130

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,282

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.33
  • Lot Size: Irregular
  • Subdivision Name: Alto Lido
  • Architectural Style: Bermuda, Two Story
  • Year Built: 1962
  • Location Tax Legal:Zoned: R-B - Low Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 46282.28
  • Location Tax Legal:Tax Year2: 2023
  • General Property Description:Living Area: 4649.0
  • 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): Irregular
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • Style:Bermuda: Yes
  • General Property Description:Lot SqFt: 14375
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:East: Yes
  • Auto Garage Door Opener: Yes
  • Windows:Casement: Yes
  • Exposure:West: Yes
  • Dock:Electric at Dock: Yes
  • Dock:Wood: Yes
  • Waterfront:Lakefront: Yes
  • Pool:Salt Water: Yes
  • Dock:Water at Dock: Yes
  • Waterfront:ICW-Across Bikepath: Yes
  • Garage 2 Car: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Range-Gas, Oven-Double, Oven-Convection, Microwave, Washer, Dryer
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Hardwood, Marble, Tile
  • Interior Amenities: Storage, Wet Bar, Pantry
  • Living Area: 4649.0
  • Window Features: Casement, Impact Glass-Full
  • Interior Features:Storage: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Oven-Convection: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes
  • Other Rooms:Media Room: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool, Salt Water, Heated - Gas, Spa
  • Pool Private: Yes
  • Waterfront Features: ICW-Across Bikepath, Lakefront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco, Poured Concrete, Other Construction
  • Exterior Features: Balcony, Patio/Lanai, Fence-Back Wall, Fence-Front Wall, Sprinkler System, Impact Doors, Impact Windows
  • Roof: Cement Tile
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Construction:Other Construction: Yes
  • Pool/Spa: Yes
  • Exterior Features:Fence-Front Wall: Yes
  • Construction:Poured Concrete: Yes

Garage/Parking

  • Parking Features: 2 Car, Detached, Air Conditioned, Door Opener
  • Garage Detached: Yes
  • Garage:Air Conditioned: 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: 14375.0
  • Parcel #: 50434303080000130
  • Zoning: R-B - Low Density Residential

Tax Info

  • Tax Annual Amount: 46282.28
  • Tax Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $256,059 $17,139,224 -- --
2023 $46,282 $3,049,201 $0 $0
2022 $46,351 $2,960,389 $0 $0
2021 $47,177 $2,874,164 $0 $0
2020 $47,266 $2,834,481 $0 $0
2019 $47,173 $2,770,754 $0 $0
2018 $44,836 $2,719,091 $0 $0
2017 $44,846 $2,663,165 $0 $0
2016 $44,351 $2,608,389 $0 $0
2015 $45,867 $2,590,257 $0 $0
2014 $46,087 $2,569,699 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2024 11/13/24 For Sale $34,900,000 +61.4% $7,507 / Sq Ft
06/12/2023 06/12/23 Sold $21,625,000 -21.4% $4,652 / Sq Ft
05/23/2023 05/23/23 Pending -- -- --
03/20/2023 03/20/23 Price Changed $27,500,000 -8.0% $5,915 / Sq Ft
02/10/2023 02/10/23 For Sale $29,900,000 -- $6,431 / Sq Ft
Source: Palm Beach Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $21,625,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,812,500 New Conventional
Previous Owner $4,625,000 Credit Line Revolving
Previous Owner $3,700,000 Credit Line Revolving
Previous Owner $2,600,000 Construction
Previous Owner $969,000 New Conventional
Previous Owner $1,000,000 Credit Line Revolving
Source: Public Records

Source: Palm Beach Board of REALTORS®

MLS Number: 24-1704

APN: 50-43-43-03-08-000-0130

Florida Palm Beach County Palm Beach 33480 North End

1246 N Lake Way, Palm Beach, FL

This home is located at 1246 N Lake Way, Palm Beach, FL 33480 and is currently priced at $34,900,000, approximately $7,506 per square foot. This property was built in 1962. 1246 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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Christian Angle
Listing Agent
Christian Angle
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Christian Angle Real Estate
(561) 269-0910