Opportunity awaits to build your dream home on this expansive 34,848-square-foot lot, offering 128 feet of water frontage and a very high elevation. This prime location not only provides a canvas for your ideal home, but also boasts a deep-water concrete dock, providing the perfect haven for maritime enthusiasts. The dock is thoughtfully designed to accommodate larger vessels over 100 feet, along with multiple smaller vessels. The dock features a substantial 40,000-pound lift for larger boats, and an additional 15,000-pound lift for smaller boats. Experience the epitome of waterfront living with unparalleled views and amenities on this expansive property. Enjoy deeded beach access nestled between Sandpiper and Eden Road and access to the Lake Trail right out your back gate.
Sold for $50,000,000
$50,000,000
940 N Lake Way, Palm Beach, FL 33480
--beds
0baths
0.8Acres
Single Family Residence, Land
Built in ----
0.8 Acres Lot
$-- Zestimate®
$--/sqft
$273,590 Estimated rent
Home value
Not available
Estimated sales range
Not available
$273,590/mo
Zestimate® history
Owner options
List your home for rent
$273,590/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$273,590/mo
Rent Zestimate®
Refinance and save
$340,962/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$340,962/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Waterfront livingUnparalleled views
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:
CHRISTIAN J ANGLE, 703536
Christian Angle Real Estate
Source: Palm Beach BOR,MLS#: 23-1935
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- On waterfront: Yes
- Waterfront features: ICW-Across Bikepath
Lot
- Size: 0.8 Acres
- Features: 1/2 Acre to 1 Acre
Details
- Parcel number: 50434310000010052
- Zoning: R-B - Low Density Residential
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Available, Water Available
Community & HOA
Location
- Region: Palm Beach
Financial & listing details
- Tax assessed value: $36,097,791
- Annual tax amount: $396,632
- Date on market: 11/29/2023
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2024 | Sold | $50,000,000-9.1% |
Source: Palm Beach BOR #23-1935 Report a problem | ||
| 4/1/2024 | Pending sale | $55,000,000 |
Source:  BeachesMLS #RX-10939386 Report a problem | ||
| 2/2/2024 | Price change | $55,000,000-6.8% |
Source: BeachesMLS #RX-10939386 Report a problem | ||
| 11/29/2023 | Listed for sale | $59,000,000+18% |
Source: Palm Beach BOR #23-1935 Report a problem | ||
| 7/28/2023 | Sold | $50,000,000-9.1% |
Source: Palm Beach BOR #23-685 Report a problem | ||
| 7/13/2023 | Pending sale | $55,000,000 |
Source: Palm Beach BOR #23-685 Report a problem | ||
| 4/17/2023 | Contingent | $55,000,000 |
Source: BeachesMLS #RX-10881164 Report a problem | ||
| 4/12/2023 | Listed for sale | $55,000,000+646.3% |
Source: Palm Beach BOR #23-685 Report a problem | ||
| 7/12/2002 | Sold | $7,370,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $538,734 +9% | $36,097,792 +9.1% |
| 2024 | $494,249 +24.6% | $33,089,832 +25.9% |
| 2023 | $396,631 +174.6% | $26,286,552 +184.7% |
| 2022 | $144,439 -1.7% | $9,232,131 +3% |
| 2021 | $146,976 -0.2% | $8,963,234 +1.4% |
| 2020 | $147,304 +0.6% | $8,839,481 +2.3% |
| 2019 | $146,464 | $8,640,744 +1.9% |
| 2018 | $146,464 +4.8% | $8,479,631 +2.1% |
| 2017 | $139,715 -0.1% | $8,305,221 +2.1% |
| 2016 | $139,802 +0.3% | $8,134,399 +0.7% |
| 2015 | $139,399 -3.8% | $8,077,854 +0.8% |
| 2014 | $144,874 +2.1% | $8,013,744 +1.5% |
| 2013 | $141,940 +0.1% | $7,895,314 +1.7% |
| 2012 | $141,791 -2.5% | $7,763,337 -0.2% |
| 2011 | $145,458 -1.2% | $7,780,558 -0.2% |
| 2010 | $147,240 -25.7% | $7,797,927 -28% |
| 2009 | $198,155 -13.1% | $10,826,103 -19.5% |
| 2008 | $228,041 +25.7% | $13,441,738 +24.8% |
| 2007 | $181,370 -1.3% | $10,767,950 +7.9% |
| 2006 | $183,824 | $9,982,287 +19.6% |
| 2005 | -- | $8,349,584 +21.2% |
| 2004 | $75,062 +72075.1% | $6,886,998 +7% |
| 2003 | $104 -99.8% | $6,438,734 +114.1% |
| 2002 | $60,133 +0.3% | $3,007,069 +1.6% |
| 2001 | $59,982 +1.9% | $2,959,714 +3% |
| 2000 | $58,850 +2.4% | $2,873,509 -24.1% |
| 1999 | $57,454 | $3,788,088 |
Find assessor info on the county website
Neighborhood: 33480
Nearby homes
- $41,482,0005 bd9 ba9k sqft936 N Lake Way, Palm Beach, FL 33480Off Market
- $46,762,3005 bd6 ba8.8k sqft958 N Lake Way, Palm Beach, FL 33480Off Market
- $14,378,1006 bd8 ba5.7k sqft931 N Lake Way, Palm Beach, FL 33480Off Market
- $7,495,0003 bd3 ba3.5k sqft937 N Lake Way, Palm Beach, FL 33480Sold
- $40,347,2008 bd8 ba10k sqft920 N Lake Way, Palm Beach, FL 33480Off Market
- $11,724,4005 bd4 ba4.6k sqft299 Tradewind Dr, Palm Beach, FL 33480Off Market
- $15,658,9004 bd5 ba5.7k sqft298 Tradewind Dr, Palm Beach, FL 33480Off Market
- $9,700,0004 bd5 ba3.9k sqft297 Tradewind Dr, Palm Beach, FL 33480Sold
Nearby schools
GreatSchools rating
- 8/10Palm Beach Public SchoolGrades: PK-5Distance: 2.8 mi
- 4/10Conniston Middle SchoolGrades: 6-8Distance: 4.9 mi
- 2/10Palm Beach Lakes High SchoolGrades: 9-12Distance: 4 mi
- Florida
- Palm Beach County
- Palm Beach
- 33480
- 940 N Lake Way
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Palm Beach Topics
