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For sale
  • $9,000,000

    1496 N Lake Way, Palm Beach, FL 33480

    2beds
    2,883sqft
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    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
    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.
    36 days
    |
    985
    |
    28
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Margaret Sutton 661-993-1166,

    Compass Florida LLC

    Source: BeachesMLS,MLS#: B26042044MLS LogoOriginating 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

        $8,289,900

        $7.88M - $8.70M

        $29,523/mo

        Price history

        DateEventPrice
        6/17/2026Listed for sale$9,000,000+1536.4%$3,122/sqft
        Source: BeachesMLS #B26042044 Report a problem
        5/14/1999Sold$550,000+69.8%$191/sqft
        Source: Public Record Report a problem
        9/13/1995Sold$323,900$112/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

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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

        5 / 100
        Car-Dependent
        31 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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