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For sale
    • $10,900,000

    1421 N Lake Way, Palm Beach, FL 33480

    4beds
    2,388sqft
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    Single Family Residence, Residential
    Built in 1950
    0.31 Acres Lot
    $9,799,400 Zestimate®
    $4,564/sqft
    $-- HOA

    What's special

    Private oasisBeautifully updated main houseTwo elegant bedroomsLush greeneryCharming guest cottageCovered walkwayOversized lot
    RARE OPPORTUNITY!! Palm Beach's coveted North End on Cabana street. This exceptional property offers endless possibilities. Perfectly livable yet primed for a custom rebuild, this oversized lot comes with previously approved ARCOM plans (plans are expired, not to resubmit), allowing for a seamless transition to your dream home. Proposed home will be 5,585 LSF and 6,293 TSF, with 4-beds in the main house plus convertible den (office/library) and 2-bed in guest house. Currently, the beautifully updated main house features two elegant bedrooms with rich wood flooring, spacious closets, and two tastefully designed bathrooms with walk-in showers. A charming guest cottage, connected by a covered walkway, provides a private retreat with two additional bedrooms, a cozy sitting area, and a full bath. The meticulously landscaped grounds are a private oasis, complete with a heated pool and spillover spa, surrounded by lush greenery. Whether you choose to enjoy this serene setting as is or bring your vision to life with the approved new construction plans, this prime North End location ensures unparalleled luxury and value. Close proximity to the Sailfish Club and bike path. A rare chance to build or enjoy as is-don't miss this extraordinary opportunity!
    474 days
    |
    331
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    SAMANTHA M. CURRY 561-530-2227,

    Douglas Elliman,

    KALI L FORTUNA 561-973-7273

    Source: Palm Beach BOR,MLS#: 25-629

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Primary bedroom
      • Level: First
      • Area: 209.6
      • Dimensions: 16 x 13.1
      Other
      • Level: First
      • Area: 183.89
      • Dimensions: 15.65 x 11.75
      Other
      • Level: First
      • Area: 83.95
      • Dimensions: 11.5 x 7.3
      Bedroom 2
      • Level: First
      • Area: 203.82
      • Dimensions: 15.8 x 12.9
      Kitchen
      • Level: First
      • Area: 235.13
      • Dimensions: 13.75 x 17.1
      Living room
      • Level: First
      • Area: 649.5
      • Dimensions: 30 x 21.65
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Refrigerator, Freezer, Electric Range, Dishwasher, Microwave, Disposal, Washer, Dryer, Oven
      Features
      • Ceiling Fan(s), Pantry
      • Flooring: Tile, Hardwood
      • Windows: Other
      Interior area
      • Total structure area: 3,186
      • Total interior livable area: 2,388 sqft

      Property

      Parking
      • Parking features: Attached
      • Has attached garage: Yes
      Features
      • Levels: One
      • Patio & porch: Patio
      • Exterior features: Sprinkler System
      • Has private pool: Yes
      • Pool features: Electric Heat
      • Has spa: Yes
      • Spa features: Spa
      • Waterfront features: None, Ocean Access
      Lot
      • Size: 0.31 Acres
      • Dimensions: 123
      • Features: Corner Lot, Other
      Details
      • Parcel number: 50434234080000420
      • Zoning: 0100 - 0100 Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Other
      • Property subtype: Single Family Residence, Residential
      Materials
      • Other
      • Roof: Other
      Condition
      • Year built: 1950

      Utilities & green energy

      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Security: Smoke Detector(s), No Security
      • Subdivision: North Shore Add
      Location
      • Region: Palm Beach

      Financial & listing details

      • Price per square foot: $4,564/sqft
      • Tax assessed value: $7,219,529
      • Annual tax amount: $108,933
      • Date on market: 4/4/2025
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash

        Estimated market value

        $9,799,400

        $9.31M - $10.29M

        $56,130/mo

        Price history

        DateEventPrice
        4/28/2025Listing removed$15,000$6/sqft
        Source: Douglas Elliman Report a problem
        4/21/2025Price change$15,000-50%$6/sqft
        Source: Douglas Elliman Report a problem
        4/18/2025Price change$10,900,000-8.4%$4,564/sqft
        Source: BeachesMLS #RX-11078527 Report a problem
        4/4/2025Listed for sale$11,900,000+50.9%$4,983/sqft
        Source: Palm Beach BOR #25-629 Report a problem
        3/28/2025Listed for rent$30,000$13/sqft
        Source: Douglas Elliman Report a problem
        2/14/2025Listing removed$30,000$13/sqft
        Source: BeachesMLS #R11038490 Report a problem
        11/19/2024Listed for rent$30,000+200%$13/sqft
        Source: BeachesMLS #R11038490 Report a problem
        6/23/2023Listing removed--
        Source: BeachesMLS #R10894368 Report a problem
        6/2/2023Listed for rent$10,000-73.7%$4/sqft
        Source: BeachesMLS #R10894368 Report a problem
        10/1/2022Listing removed--
        Source: Zillow Rental Network_1 Report a problem
        8/9/2022Listed for rent$38,000$16/sqft
        Source: Zillow Rental Network_1 #R10795316 Report a problem
        2/18/2022Sold$7,885,000+64.3%$3,302/sqft
        Source: Palm Beach BOR #22-287 Report a problem
        1/12/2022Pending sale$4,800,000$2,010/sqft
        Source: BeachesMLS #RX-10767357 Report a problem
        1/5/2022Contingent$4,800,000$2,010/sqft
        Source: BeachesMLS #RX-10767357 Report a problem
        1/3/2022Listed for sale$4,800,000$2,010/sqft
        Source: BeachesMLS #RX-10767357 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$108,755 -1%$7,219,529 +2.6%
        2024$109,814 +12.9%$7,034,755 +10%
        2023$97,292 +75%$6,395,232 +119.6%
        2022$55,610 +25.5%$2,911,894 +10%
        2021$44,311 +5.9%$2,647,176 +7.8%
        2020$41,842 +7.6%$2,455,726 +9.7%
        2019$38,887 $2,237,974 +0%
        2018$38,887 +5.4%$2,237,162 -1%
        2017$36,903 +2.8%$2,260,105 +27.5%
        2016$35,894 +4.7%$1,772,040 +10%
        2015$34,275 +19%$1,610,945 +10%
        2014$28,800 +16.8%$1,464,495 +10%
        2013$24,657 +17.4%$1,331,359 +21%
        2011$20,997 -2%$1,100,296 -1.2%
        2010$21,432 -7.4%$1,113,107 -10.9%
        2009$23,150 -12.7%$1,248,736 -19.2%
        2008$26,517 -1.9%$1,545,673 -2.9%
        2007$27,034 +7.3%$1,591,158 +17.4%
        2006$25,190 $1,354,925 +9.1%
        2005-- $1,241,506 +32.5%
        2004$10,214 +4810.3%$937,094 +2.1%
        2003$208 -98.7%$918,035 +15.8%
        2002$16,172 +6.9%$793,035 +8.5%
        2001$15,123 +19.1%$730,910 +20.7%
        2000$12,696 +22.4%$605,442 +20.9%
        1999$10,373 $500,656
        Find assessor info on the county website

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33480

        Getting around

        6 / 100
        Car-Dependent
        36 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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