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!
For sale
$10,900,000
1421 N Lake Way, Palm Beach, FL 33480
4beds
2,388sqft
Single Family Residence, Residential
Built in 1950
0.31 Acres Lot
$9,724,600 Zestimate®
$4,564/sqft
$-- HOA
What's special
Private oasisBeautifully updated main houseTwo elegant bedroomsLush greeneryCharming guest cottageCovered walkwayOversized lot
- 519 days
- 390
- 11
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
$9,724,600
$9.24M - $10.31M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2026 | Listed for rent | $22,500+50%$9/sqft |
Source: BeachesMLS #B26055643 Report a problem | ||
| 4/28/2025 | Listing removed | $15,000$6/sqft |
Source:  Douglas Elliman Report a problem | ||
| 4/21/2025 | Price change | $15,000-50%$6/sqft |
Source: Douglas Elliman Report a problem | ||
| 4/18/2025 | Price change | $10,900,000-8.4%$4,564/sqft |
Source:  BeachesMLS #RX-11078527 Report a problem | ||
| 4/4/2025 | Listed for sale | $11,900,000+50.9%$4,983/sqft |
Source: Palm Beach BOR #25-629 Report a problem | ||
| 3/28/2025 | Listed for rent | $30,000$13/sqft |
Source: Douglas Elliman Report a problem | ||
| 2/14/2025 | Listing removed | $30,000$13/sqft |
Source: BeachesMLS #R11038490 Report a problem | ||
| 11/19/2024 | Listed for rent | $30,000+200%$13/sqft |
Source: BeachesMLS #R11038490 Report a problem | ||
| 6/23/2023 | Listing removed | -- |
Source: BeachesMLS #R10894368 Report a problem | ||
| 6/2/2023 | Listed for rent | $10,000-73.7%$4/sqft |
Source: BeachesMLS #R10894368 Report a problem | ||
| 10/1/2022 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 8/9/2022 | Listed for rent | $38,000$16/sqft |
Source: Zillow Rental Network_1 #R10795316 Report a problem | ||
| 2/18/2022 | Sold | $7,885,000+64.3%$3,302/sqft |
Source: Palm Beach BOR #22-287 Report a problem | ||
| 1/12/2022 | Pending sale | $4,800,000$2,010/sqft |
Source: BeachesMLS #RX-10767357 Report a problem | ||
| 1/5/2022 | Contingent | $4,800,000$2,010/sqft |
Source: BeachesMLS #RX-10767357 Report a problem | ||
| 1/3/2022 | Listed for sale | $4,800,000$2,010/sqft |
Source: BeachesMLS #RX-10767357 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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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Neighborhood: 33480
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