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Sold for $6,750,000
  • $6,750,000

    575 N Lake Way, Palm Beach, FL 33480

    3beds
    3,038sqft
    Single Family Residence, Residential
    Built in 1981
    0.27 Acres Lot
    $6,930,900 Zestimate®
    $2,222/sqft
    $-- Estimated rent

    Home value

    $6,930,900

    $6.24M - $7.76M

    Not available

    Zestimate® history
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    What's special

    Located on North Lake Way and South Woods Road, this North End property sits on a generous 11,761± square-foot corner lot. The residence offers 3,826± total square feet with 3 bedrooms, 4 and a half bathrooms, a large pool and 2-car garage. The home's layout is designed around the south facing pool allowing for an abundance of natural light throughout. The living room has vaulted ceilings and a modern fireplace with sliding glass doors out to the pool terrace. The dining room has a wet bar, easy access to the kitchen, as well as doors to the pool. The eat-in kitchen features an island, ample storage, and a built-in desk. The primary bedroom is located on the east side of the house for added privacy and features doors to the pool, a walk-in closet, and an ensuite bath with a separate tub and shower. The guest bedrooms are located on the west side of the home and have ensuite baths. Additional features include two driveways and a full-house generator. Ideally located in close proximity to the Lake Trail, the beach, and in-town shopping and dining.

    Zillow last checked:

    Listing updated:

    Listed by:

    TODD F. PETER 561-281-0031,

    Sotheby's International Realty, Inc.,

    FRANCES WEBSTER PETER 561-659-3555

    Bought with:

    SUZANNE T FRISBIE, 508253

    The Corcoran Group

    Source: Palm Beach BOR,MLS#: 25-1582

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Zoned
    Cooling
    • Zoned
    Appliances
    • Included: Refrigerator, Freezer, Gas Range, Dishwasher, Microwave, Disposal, Washer, Dryer, Ice Maker, Oven
    Features
    • Central Vacuum, Ceiling Fan(s)
    • Flooring: Marble, Tile, Hardwood, Vinyl
    • Windows: Awning, Sliding
    • Has fireplace: Yes
    • Fireplace features: Fireplace
    Interior area
    • Total structure area: 3,826
    • Total interior livable area: 3,038 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Other, Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Patio & porch: Patio
    • Exterior features: Sprinkler System
    • Has private pool: Yes
    • Fencing: Front Yard
    • Waterfront features: None
    Lot
    • Size: 0.27 Acres
    • Dimensions: 73
    • Features: Corner Lot
    Details
    • Parcel number: 50434310030000142
    • Zoning: R-B - Low Density Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence, Residential
    Materials
    • Block, Stucco
    • Roof: Wood
    Condition
    • Year built: 1981

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Security: Smoke Detector(s), Security System, No Security
    • Subdivision: Woods Landing
    Location
    • Region: Palm Beach

    Financial & listing details

    • Price per square foot: $2,222/sqft
    • Tax assessed value: $5,677,441
    • Annual tax amount: $40,495
    • Date on market: 10/28/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    8/16/2026Listing removed$25,000$8/sqft
    Source: BeachesMLS #B26013158 Report a problem
    7/25/2026Listed for rent$25,000$8/sqft
    Source: BeachesMLS #B26013158 Report a problem
    7/25/2026Listing removed$25,000$8/sqft
    Source: MIAMI #B26013158 Report a problem
    7/13/2026Listed for rent$25,000$8/sqft
    Source: MIAMI Report a problem
    7/13/2026Listing removed$25,000$8/sqft
    Source: BeachesMLS Report a problem
    4/9/2026Listed for rent$25,000-50%$8/sqft
    Source: BeachesMLS Report a problem
    3/31/2026Sold$6,750,000-9.9%$2,222/sqft
    Source: Palm Beach BOR #25-1582 Report a problem
    2/18/2026Pending sale$7,495,000+5.6%$2,467/sqft
    Source: Palm Beach BOR #25-1582 Report a problem
    2/18/2026Listing removed$50,000$16/sqft
    Source: BeachesMLS #R11135992 Report a problem
    10/28/2025Listed for rent$50,000+66.7%$16/sqft
    Source: BeachesMLS #R11135992 Report a problem
    8/26/2025Listing removed$30,000$10/sqft
    Source: BeachesMLS #R11070653 Report a problem
    6/21/2025Listed for rent$30,000$10/sqft
    Source: BeachesMLS #R11070653 Report a problem
    6/13/2025Listing removed$30,000$10/sqft
    Source: BeachesMLS #R11070653 Report a problem
    3/12/2025Listed for rent$30,000$10/sqft
    Source: BeachesMLS #R11070653 Report a problem
    3/26/2023Listing removed--
    Source: Brown Harris Stevens Report a problem
    3/19/2023Listed for sale$7,100,000$2,337/sqft
    Source: Brown Harris Stevens #2000399103 Report a problem
    12/5/2022Listing removed--
    Source: Brown Harris Stevens Report a problem
    12/1/2022Listed for sale$7,100,000$2,337/sqft
    Source: Brown Harris Stevens #2000399103 Report a problem
    5/27/2022Listing removed--
    Source: Brown Harris Stevens Report a problem
    2/15/2022Listed for sale$7,100,000$2,337/sqft
    Source: BeachesMLS #RX-10770769 Report a problem
    2/5/2022Pending sale$7,100,000$2,337/sqft
    Source: Brown Harris Stevens #2000310566 Report a problem
    2/4/2022Contingent$7,100,000$2,337/sqft
    Source: BeachesMLS #RX-10770769 Report a problem
    2/1/2022Listed for sale$7,100,000$2,337/sqft
    Source: BeachesMLS #RX-10770769 Report a problem
    1/27/2022Pending sale$7,100,000$2,337/sqft
    Source: Brown Harris Stevens #2000310566 Report a problem
    1/26/2022Contingent$7,100,000$2,337/sqft
    Source: BeachesMLS #RX-10770769 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$41,682 +2.9%$2,829,317 +2.9%
    2024$40,495 +2.1%$2,749,579 +3%
    2023$39,674 -0.1%$2,669,494 +3%
    2022$39,731 -1.6%$2,591,742 +3%
    2021$40,365 -0.2%$2,516,254 +1.4%
    2020$40,453 +0.6%$2,481,513 +2.3%
    2019$40,213 $2,425,721 -0.6%
    2018$40,213 +2.4%$2,439,348 -2%
    2017$39,279 -4.2%$2,490,192 +205.8%
    2016$40,987 +203.8%$814,262 +0.7%
    2015$13,492 -3.7%$808,602 +0.8%
    2014$14,014 +2.1%$802,185 +1.5%
    2013$13,724 +0.2%$790,330 +1.7%
    2012$13,700 +0.7%$777,119 +3%
    2011$13,600 +0.6%$754,484 +1.5%
    2010$13,513 +6.6%$743,334 +2.7%
    2009$12,679 +7.9%$723,792 +0.1%
    2008$11,748 +2%$723,069 +3%
    2007$11,521 -4.7%$702,009 +4%
    2006$12,092 $675,131 +3%
    2005-- $655,467 +3%
    2004$6,663 +6307.2%$636,376 +1.9%
    2003$104 -99.1%$624,510 +2.4%
    2002$11,877 +0.3%$609,873 +1.6%
    2001$11,842 +2%$600,269 +3%
    2000$11,608 +3.3%$582,785 -22.7%
    1999$11,240 $753,589
    Find assessor info on the county website

    Neighborhood: 33480

    Nearby schools

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    Estimated market value
    $6,930,900
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $6,930,900