1421 N Lake Way, Palm Beach, FL 33480

$10,900,000 · Active

  • 4 beds
  • 3 baths
  • 2,388 sq ft
  • Single Family Residence
  • Built 1950
  • Lot 13,503.6 sq ft
  • MLS# R11078527
  • North Shore
Exterior Rendering at 1421 N Lake Way, Palm Beach1421 N Lake Way Parcel Aerial at 1421 N Lake Way, Palm BeachExterior Rendering at 1421 N Lake Way, Palm BeachExterior Rendering at 1421 N Lake Way, Palm BeachExterior Rendering at 1421 N Lake Way, Palm BeachPropsed Site Plan Rendering at 1421 N Lake Way, Palm BeachDeeded Beach Access at 1421 N Lake Way, Palm BeachCabana at 1421 N Lake Way, Palm Beach

About this home

RARE OPPORTUNITY!! Palm Beach's coveted North End on Cabana street. This exceptional property offers endless possibilities. Perfectly livable yet primed for a custom rebuild, this oversized lot comes with previously approved ARCOM plans (plans are expired, not to resubmit), allowing for a seamless transition to your dream home. Proposed home will be 5,585 LSF and 6,293 TSF, with 4-beds in the main house plus convertible den (office/library) and 2-bed in guest house. Currently, the beautifully updated main house features two elegant bedrooms with rich wood flooring, spacious closets, and two tastefully designed bathrooms with walk-in showers. A charming guest cottage, connected by a covered walkway, provides a private retreat with two additional bedrooms, a cozy sitting area, and a full bath. The meticulously landscaped grounds are a private oasis, complete with a heated pool and spillover spa, surrounded by lush greenery. Whether you choose to enjoy this serene setting as is or bring your vision to life with the approved new construction plans, this prime North End location ensures unparalleled luxury and value. Close proximity to the Sailfish Club and bike path. A rare chance to build or enjoy as is-don't miss this extraordinary opportunity!

Features

Schools

  • Elementary: Palm Beach Public
  • High: Palm Beach Lakes

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Douglas Elliman · Listing agent: Samantha Curry

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 1421 N Lake Way.

Questions About 1421 N Lake Way

How much is 1421 N Lake Way?
1421 N Lake Way is listed at $10,900,000, which is about $4,564 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 1421 N Lake Way?
The listing reports annual property taxes of $108,933 for 2024. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 1421 N Lake Way built?
1421 N Lake Way was built in 1950 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 1421 N Lake Way been on the market?
1421 N Lake Way has been listed for 538 days, and the asking price has been reduced from $11,900,000. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 1421 N Lake Way?
The MLS lists Palm Beach Public (elementary), Palm Beach Lakes (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 1421 N Lake Way?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

Explore

Similar Homes Nearby

Recently Sold Nearby

Explore Nearby

Nearby Cities

More Palm Beach Neighborhoods

Nearby ZIP Codes

The 3 bedroom home at 222 Monterey Road, Palm Beach, FL 33480 is comparable and listed for sale at $10,900,000. Another comparable home, 111 SEAGATE Road, Palm Beach, FL 33480, sold for $12,000,000 in September 2026. Other Palm Beach neighborhoods include Sloan's Curve and Ibis Isle. Nearby ZIP codes include 33401 and 33405. This property also neighbors West Palm Beach, North Palm Beach, and Palm Beach Gardens. Compare it with the Palm Beach housing market report.