$18,000,000
OPEN SUN 1:45PM - 3:15PM

510 N Lake Way Palm Beach, FL 33480

North End Neighborhood

Estimated payment $102,847/month

Total Views 34,724
5 Beds
7 Baths
6,239 Sq Ft
$2,885 Price per Sq Ft

Highlights

  • Gas Heated Pool
  • Colonial Architecture
  • Lanai
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • Corner Lot

About This Home

This British Colonial residence offers 6,922± total square feet with five bedrooms and six and a half bathrooms. Set on a 100' x 172' lot at the corner of Tangier Avenue and North Lake Way, the property features a large pool, covered loggia, and beautifully maintained grounds. The spacious foyer opens to the formal living room and a central gallery hall that connects the main living areas. The family room, located on the south side, opens through French doors to the covered loggia and pool. On the north side, the gallery leads to the formal dining room, library, and kitchen with adjoining dining area—an ideal layout for both everyday living and entertaining. Two guest bedrooms are located on the first floor, each with en suite baths and walk-in closets—one currently serving as a library. Additional first-floor features include a powder room, laundry room, and a two-car garage with separate service drive. Upstairs, the primary suite offers exceptional space and privacy with four walk-in closets, separate his-and-her bathrooms, and ample storage. Two additional guest bedrooms on this level each include en suite baths and walk-in closets. Ideally situated on Palm Beach's North End, the residence is just moments from the Lake Trail, beaches, restaurants, and world-class shopping.

Listing Agent

Todd Peter

Sotheby's International Realty, Inc. License #BK-3049697 Listed on: 12/06/2024

Sotheby's International Realty, Inc.

Co-Listing Agent

FRANCES PETER

Sotheby's International Realty, Inc. License #3145843

Open House Schedule

  • Sunday, November 30, 2025
    1:45 to 3:15 pm
    11/30/2025 1:45:00 PM +00:00
    11/30/2025 3:15:00 PM +00:00
    This British Colonial residence offers 6,922 total square feet with five bedrooms and six and a half bathrooms.
    Add to Calendar

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $96,851

Year Built

  • Built in 1995

Lot Details

  • 0.39 Acre Lot
  • Home has sun exposure from multiple directions
  • Fenced Front Yard
  • Corner Lot
  • Sprinkler System
  • Property is zoned 50- Rb - Rb (50-Palm Beach)

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 6,239 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Fireplace
  • Single Hung Windows
  • Dining Room
  • Library
  • Utility Room

Kitchen

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

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 7 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Balcony
  • Patio
  • Lanai

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Tangier Estates Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434314010000290

Home Details

Home Type

Single Family

Est. Annual Taxes

$96,851

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.39
  • Lot Size: 172
  • Subdivision Name: Tangier Estates
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 1995
  • Location Tax Legal:Zoned: 50- Rb - Rb (50-Palm Beach)
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 96851.0
  • Location Tax Legal:Tax Year2: 2023
  • General Property Description:Living Area: 6239.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • 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
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 172
  • Pool:Heated - Gas: Yes
  • Floors:Marble: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Pets:Pets Allowed: Yes
  • General Property Description:Lot SqFt: 17200
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:South: Yes
  • Windows:Single Hung: Yes
  • Exposure:East: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Exposure:West: Yes
  • Lot Size:Corner Lot: Yes
  • Special Features: OpenHouse

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Range-Gas, Oven-Double, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Marble, Tile, Other Flooring
  • Interior Amenities: Ceiling Fan(s), Fireplace, Wet Bar
  • Living Area: 6239.0
  • Window Features: Single Hung
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF, Corner Lot
  • Pool Features: Pool, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: No
  • Construction Type: Stucco, Block
  • Exterior Features: Balcony, Fence-Front Wall, Storm Shutters, Storm Shutters-Auto, Sprinkler System
  • Patio And Porch Features: Patio/Lanai
  • Roof: Cement Tile
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Fence-Front Wall: Yes
  • Exterior Features:Storm Shutters- Auto: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached
  • Garage: Yes

Utilities

  • Security: Security System
  • Cooling: Multi Zone Air, Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat, Multi Zone Heat
  • Heating Yn: Yes
  • Utilities: Cable Available, Sewer
  • Water Source: City Water

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 17200.0
  • Parcel #: 50434314010000290
  • Zoning: 50- Rb - Rb (50-Palm Beach)

Tax Info

  • Tax Annual Amount: 96851.0
  • Tax Year: 2023

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $102,388 $6,027,261 -- --
2023 $96,851 $5,608,742 $0 $0
2022 $87,164 $5,224,501 $0 $0
2021 $79,082 $4,871,531 $0 $0
2020 $80,645 $4,888,222 $0 $0
2019 $77,284 $4,587,750 $0 $0
2018 $75,892 $4,655,318 $0 $0
2017 $75,024 $4,683,235 $0 $0
2016 $70,732 $4,108,327 $0 $0
2015 $69,404 $3,880,899 $0 $0
2014 -- $3,671,429 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2025 10/29/25 Price Changed $18,000,000 -10.0% $2,885 / Sq Ft
02/28/2025 02/28/25 Price Changed $19,995,000 -7.0% $3,205 / Sq Ft
12/06/2024 12/06/24 For Sale $21,500,000 -- $3,446 / Sq Ft
Source: Palm Beach Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Attorney
Warranty Deed $3,200,000 --
Warranty Deed $2,200,000 --
Deed -- --
Deed -- --
Deed $660,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,900,000 No Value Available
Previous Owner $800,000 New Conventional
Previous Owner $1,400,000 New Conventional
Source: Public Records

Source: Palm Beach Board of REALTORS®

MLS Number: 24-1877

APN: 50-43-43-14-01-000-0290

Florida Palm Beach County Palm Beach 33480 North End

510 N Lake Way, Palm Beach, FL

For Sale

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Listing Agent
Todd Peter
Section Image
Sotheby's International Realty, Inc.
(561) 834-9101