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Off market
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  • $37,448,700

    1040 N Lake Way, Palm Beach, FL 33480

    5beds
    6baths
    6,687sqft
    SingleFamily
    Built in 1954
    0.44 Acres Lot
    $37,448,700 Zestimate®
    $5,600/sqft
    $223,093 Estimated rent

    Home value

    $37,448,700

    $29.96M - $46.06M

    $223,093/mo

    Zestimate® history
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    $223,093/mo

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    $223,093/mo

    Rent Zestimate®

    Refinance and save

    $252,885/mo

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    $252,885/mo

    Est. payment

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    What's special

    Radiant Classic Regency Home! Enjoy Entertaining on the Wonderful Loggia or open the disappearing glass sliding doors to the Outdoor Patio and enjoy the wonderful views the water and boats. The home is a classic Palm Beach Home with padded walls marble floors and Cheryl Wagner fixtures. It is decorated by famed decorator Carleton Varney, and featured in his book, "Houses of my Heart", and also appeared in Florida Living Magazine. The home is available furnished.The Lush Landscape is accentuated by the newly painted exterior. Enjoy the sunsets from the heated pool, your covered patio or your deep water dock! The Floor plan is smart and open, with the main living on all one level. The Kitchen was recently remodelled with all new appliances,wood floors and gas stove. The Location is at the North end of the Palm Beach Island offering privacy and unsurpassed beauty.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    Heating
    • Forced air
    Cooling
    • Central
    Features
    • Flooring: Other
    Interior area
    • Total interior livable area: 6,687 sqft

    Property

    Parking
    • Parking features: Garage
    Features
    • Exterior features: Stucco
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.44 Acres
    Details
    • Parcel number: 50434303180000151

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • masonry
    • Roof: Built-up
    Condition
    • Year built: 1954

    Community & HOA

    Location
    • Region: Palm Beach

    Financial & listing details

    • Price per square foot: $5,600/sqft
    • Tax assessed value: $28,512,449
    • Annual tax amount: $424,954

    Price history

    DateEventPrice
    4/15/2022Sold$32,000,000+33.3%$4,785/sqft
    Source: Palm Beach BOR #21-1790 Report a problem
    4/5/2021Sold$24,000,000+247.8%$3,589/sqft
    Source: Palm Beach BOR #21-67 Report a problem
    1/18/2011Sold$6,900,000-29.6%$1,032/sqft
    Source: Public Record Report a problem
    9/5/2007Sold$9,800,000+880%$1,466/sqft
    Source: Public Record Report a problem
    3/30/1994Sold$1,000,000$150/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$424,954 +10.2%$28,459,852 +10.2%
    2024$385,627 -8.4%$25,835,596 -7.6%
    2023$420,877 +3.5%$27,946,912 +6.8%
    2022$406,787 +136.7%$26,167,616 +152.2%
    2021$171,837 +9.5%$10,373,758 +10%
    2020$156,961 -13.1%$9,430,689 -10.9%
    2019$180,712 $10,581,277 +6.5%
    2018$180,712 +13%$9,937,979 -3.4%
    2017$159,914 +1.8%$10,284,353 +29.9%
    2016$157,134 +2.5%$7,918,404 +10%
    2015$153,291 +25.9%$7,198,549 +10%
    2014$121,788 +13.1%$6,544,135 +10%
    2013$107,637 +8.4%$5,949,214 +10%
    2012$99,336 -1.7%$5,408,376 +0.6%
    2011$101,041 -1%$5,374,676
    2010$102,049 -26.6%$5,374,676 -29.2%
    2009$138,980 -13.2%$7,590,564 -19.5%
    2008$160,032 +212.5%$9,430,257 +208.1%
    2007$51,216 -6.2%$3,060,330 +2.5%
    2006$54,611 $2,985,688 +3%
    2005-- $2,898,726 +3%
    2004$30,401 +29131.5%$2,814,297 +1.9%
    2003$104 -99.8%$2,761,822 +2.4%
    2002$53,893 +0.3%$2,697,092 +1.6%
    2001$53,757 +1.9%$2,654,618 +3%
    2000$52,741 +2.5%$2,577,299 -10.1%
    1999$51,478 $2,867,725
    Find assessor info on the county website

    Neighborhood: 33480

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $37,448,700
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    Estimated market value
    $37,448,700