Rare opportunity on Palm Beach Island's coveted north end. Set on an exceptional .22 acre parcel between the Atlantic Ocean and Intracoastal Waterway, this Mid-Century Modern residence offers endless possibilities to restore, renovate, or build a spectacular new estate. Surrounded by lush tropical landscaping and just a short walk to the beach, this property combines privacy, location, and extraordinary potential in one of Palm Beach's most desirable settings.
For sale
$9,000,000
1496 N Lake Way, Palm Beach, FL 33480
2beds
2,883sqft
Single Family Residence
Built in 1954
9,583 Square Feet Lot
$8,289,900 Zestimate®
$3,122/sqft
$-- HOA
What's special
Mid-century modern residence
- 36 days |
- 985 |
- 28 |
Zillow last checked:
Listing updated:
Listed by:
Margaret Sutton 661-993-1166,
Compass Florida LLC
Source: BeachesMLS,MLS#: B26042044
Originating MLS: BeachesMLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Range, Oven, Refrigerator
Features
- Breakfast Bar, Built-in Features, Breakfast Area, Entrance Foyer, Garden Tub/Roman Tub, Living/Dining Room, Multiple Primary Suites, Split Bedrooms, Storage
- Flooring: Concrete, Marble
- Has fireplace: No
Interior area
- Total structure area: 4,225
- Total interior livable area: 2,883 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Attached, Garage, Garage Door Opener
- Attached garage spaces: 2
- Uncovered spaces: 4
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck, Patio, Terrace, Balcony, Rooftop
- Exterior features: Balcony, Outdoor Living Area, Storage
- Has private pool: Yes
- Pool features: Free Form, In Ground, Other
- Fencing: Back Yard,Masonry
- Has view: Yes
- View description: Garden, Pool
Lot
- Size: 9,583 Square Feet
- Features: Corner Lot, Landscaped, Many Trees, Sprinklers Automatic, < 1/4 Acre
Details
- Parcel number: 50434234030001071
- Zoning: R-B (city)
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Concrete
- Roof: Flat
Condition
- Resale
- New construction: No
- Year built: 1954
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available
Community & HOA
Community
- Subdivision: BOCA RATONE CO INLET
HOA
- Has HOA: No
Location
- Region: Palm Beach
Financial & listing details
- Price per square foot: $3,122/sqft
- Tax assessed value: $2,600,475
- Annual tax amount: $50,226
- Date on market: 6/17/2026
- Cumulative days on market: 41 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Zestimate®
$8,289,900
Estimated sales range
$7.88M - $8.70M
Rent Zestimate®
$29,523/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Listed for sale | $9,000,000+1536.4%$3,122/sqft |
Source: | ||
| 5/14/1999 | Sold | $550,000+69.8%$191/sqft |
Source: Public Record Report a problem | ||
| 9/13/1995 | Sold | $323,900$112/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $50,226 +1.8% | $2,600,475 +10% |
| 2024 | $49,326 +17.7% | $2,364,068 +10% |
| 2023 | $41,903 +14.4% | $2,149,153 +10% |
| 2022 | $36,635 +24.2% | $1,953,775 +10% |
| 2021 | $29,498 +6% | $1,776,159 +7.9% |
| 2020 | $27,822 +7.6% | $1,646,276 +9.7% |
| 2019 | $25,857 | $1,501,224 +0% |
| 2018 | $25,857 +2.9% | $1,501,017 -6.4% |
| 2017 | $25,136 -1.8% | $1,603,042 +23.9% |
| 2016 | $25,586 +3.9% | $1,293,978 +10% |
| 2015 | $24,621 +19% | $1,176,344 +10% |
| 2014 | $20,689 +16.8% | $1,069,404 +10% |
| 2013 | $17,718 +2.9% | $972,185 +4.5% |
| 2012 | $17,225 -0.3% | $929,986 +2.1% |
| 2011 | $17,272 -1% | $911,050 -0.1% |
| 2010 | $17,449 -7.5% | $911,729 -10.9% |
| 2009 | $18,866 -7.9% | $1,023,017 -14.7% |
| 2008 | $20,481 +0.5% | $1,198,884 -0.4% |
| 2007 | $20,384 -17.6% | $1,203,549 -10% |
| 2006 | $24,730 | $1,336,913 +49.8% |
| 2005 | -- | $892,382 +30.5% |
| 2004 | $7,451 +7064.6% | $683,655 +0.9% |
| 2003 | $104 -99.1% | $677,471 +17.3% |
| 2002 | $11,728 +11.1% | $577,471 +12.8% |
| 2001 | $10,554 +19.1% | $512,131 +20.6% |
| 2000 | $8,862 +34.2% | $424,631 +10.9% |
| 1999 | $6,604 | $382,808 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 33480
Nearby schools
GreatSchools rating
- 8/10Palm Beach Public SchoolGrades: PK-5Distance: 4.2 mi
- 4/10Conniston Middle SchoolGrades: 6-8Distance: 6.3 mi
- 2/10Palm Beach Lakes High SchoolGrades: 9-12Distance: 4.1 mi
Schools provided by the listing agent
- Elementary: Palm Beach Public
- High: Palm Beach Lakes
Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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