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For sale
  • $16,995,000

    510 N Lake Way, Palm Beach, FL 33480

    5beds
    6,239sqft
    : 
    $115,720/mo
    Get pre-qualified
    Single Family Residence, Residential
    Built in 1995
    0.39 Acres Lot
    $-- Zestimate®
    $2,724/sqft
    $-- HOA

    What's special

    Large poolFive bedroomsLaundry roomCovered loggiaSpacious foyerFormal dining roomPowder room
    This British Colonial residence offers 6,922± total square feet with five bedrooms and six and a half bathrooms. Set on a 100' x 172' lot at the corner of Tangier Avenue and North Lake Way, the property features a large pool, covered loggia, and beautifully maintained grounds. The spacious foyer opens to the formal living room and a central gallery hall that connects the main living areas. The family room, located on the south side, opens through French doors to the covered loggia and pool. On the north side, the gallery leads to the formal dining room, library, and kitchen with adjoining dining area—an ideal layout for both everyday living and entertaining. Two guest bedrooms are located on the first floor, each with en suite baths and walk-in closets—one currently serving as a library. Additional first-floor features include a powder room, laundry room, and a two-car garage with separate service drive. Upstairs, the primary suite offers exceptional space and privacy with four walk-in closets, dual bathrooms, and ample storage. Two additional guest bedrooms on this level each include en suite baths and walk-in closets. Ideally situated on Palm Beach's North End, the residence is just moments from the Lake Trail, beaches, restaurants, and world-class shopping.
    610 days
    |
    579
    |
    44
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    TODD F. PETER 561-281-0031,

    Sotheby's International Realty, Inc.,

    FRANCES WEBSTER PETER 561-659-3555

    Source: Palm Beach BOR,MLS#: 24-1877

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 7
      • Full bathrooms: 6
      • 1/2 bathrooms: 1
      Heating
      • Central, Zoned
      Cooling
      • Central Air, Zoned
      Appliances
      • Included: Refrigerator, Freezer, Gas Range, Dishwasher, Microwave, Disposal, Washer, Dryer, Ice Maker, Wine Refrigerator, Double Oven
      Features
      • Wet Bar, Ceiling Fan(s)
      • Flooring: Marble, Tile, Other
      • Windows: Single Hung, Storm Shutters, Storm Shutters-Auto
      • Has fireplace: Yes
      • Fireplace features: Fireplace
      Interior area
      • Total structure area: 6,922
      • Total interior livable area: 6,239 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Patio & porch: Patio
      • Exterior features: Balcony, Sprinkler System
      • Has private pool: Yes
      • Pool features: Gas Heat, Pool Size (30x15)
      • Fencing: Front Yard
      • Waterfront features: None
      Lot
      • Size: 0.39 Acres
      • Dimensions: 172
      • Features: Corner Lot
      Details
      • Parcel number: 50434314010000290
      • Zoning: 50- Rb - Rb (50-Palm Beach)

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial
      • Property subtype: Single Family Residence, Residential
      Materials
      • Block, Stucco
      • Roof: Tile
      Condition
      • Year built: 1995

      Utilities & green energy

      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Security: Security System
      • Subdivision: Tangier Estates
      Location
      • Region: Palm Beach

      Financial & listing details

      • Price per square foot: $2,724/sqft
      • Tax assessed value: $10,651,397
      • Annual tax amount: $96,851
      • Date on market: 12/6/2024
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        2/23/2026Price change$16,995,000-5.6%$2,724/sqft
        Source: Palm Beach BOR #24-1877 Report a problem
        10/29/2025Price change$18,000,000-10%$2,885/sqft
        Source: BeachesMLS #RX-11043720 Report a problem
        2/28/2025Price change$19,995,000-7%$3,205/sqft
        Source: Palm Beach BOR #24-1877 Report a problem
        12/6/2024Listed for sale$21,500,000+571.9%$3,446/sqft
        Source: Palm Beach BOR #24-1877 Report a problem
        3/11/2020Listing removed$50,000$8/sqft
        Source: Sotheby's International Realty - Palm Beach Brokerage #18-1775 Report a problem
        11/22/2019Listed for rent$50,000$8/sqft
        Source: Sotheby's International Realty - Palm Beach Brokerage #18-1775 Report a problem
        8/10/2019Listing removed$50,000$8/sqft
        Source: Sotheby's International Realty - Palm Beach Brokerage #18-1775 Report a problem
        5/10/2019Listed for rent$50,000$8/sqft
        Source: Sotheby's International Realty - Palm Beach Brokerage #18-1775 Report a problem
        2/14/2019Listing removed$50,000$8/sqft
        Source: Sotheby's International Realty - Palm Beach Brokerage #18-1775 Report a problem
        9/19/2018Listed for rent$50,000$8/sqft
        Source: Sotheby's International Realty - Palm Beach Brokerage #18-1775 Report a problem
        6/25/2002Sold$3,200,000+45.5%$513/sqft
        Source: Public Record Report a problem
        9/9/1998Sold$2,200,000+233.3%$353/sqft
        Source: Public Record Report a problem
        9/23/1993Sold$660,000$106/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$102,802 +0.4%$6,481,267 +7.5%
        2024$102,388 +5.7%$6,027,261 +7.5%
        2023$96,850 +11.1%$5,608,742 +7.4%
        2022$87,164 +10.2%$5,224,501 +7.2%
        2021$79,081 -1.9%$4,871,531 -0.3%
        2020$80,645 +4.8%$4,888,222 +6.5%
        2019$76,981 $4,587,750 -1.5%
        2018$76,981 +1.4%$4,655,318 -0.6%
        2017$75,892 +1.2%$4,683,235 +14%
        2016$75,024 +6.1%$4,108,327 +5.9%
        2015$70,732 +1.9%$3,880,899 +5.7%
        2014$69,404 +11.9%$3,671,429 +5.9%
        2013$62,047 +2.8%$3,468,138 +4.4%
        2012$60,334 -12.6%$3,320,577 -10.5%
        2011$69,066 -1.4%$3,709,999 -0.5%
        2010$70,075 -12.4%$3,727,209 -15.4%
        2009$80,036 -10.5%$4,406,728 -17%
        2008$89,467 +10.2%$5,307,279 +9.7%
        2007$81,153 -4.7%$4,838,947 +4.8%
        2006$85,120 $4,618,592 +14.4%
        2005-- $4,037,275 +12.4%
        2004$39,140 +37534.9%$3,591,149 +16.9%
        2003$104 -99.8%$3,070,937
        2002$61,921 +9.6%$3,070,937 +10.2%
        2001$56,477 +35.9%$2,787,911 +38.7%
        2000$41,570 +9.9%$2,010,625 +10.2%
        1999$37,814 $1,825,051
        Find assessor info on the county website

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 33480

        Getting around

        15 / 100
        Car-Dependent
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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