5611050 N Lake Way, Palm Beach, FL 33480
$23,750,000
Property Type:
Residential
Bedrooms:
5
Baths:
6
Square Footage:
8,564
Status:
Closed
Current Price:
$23,750,000
List Date:
2/21/2023
Last Modified:
3/13/2026
Description
Stunning Contemporary Regency with dramatic views of the Intracoastal waterway and the motor yachts at Rybovich Marina. Excellent open floor plan perfect for indoor and outdoor entertaining. Features gracious living room, formal dining room, sunny and bright interior loggia. Family room with entertaining bar and office with beautiful views of the lake. Elevator leads to expansive second floor primary suite with sprawling, oversized terrace and dual baths. Additional highlights include chef's kitchen, staff bedrooms, and 2-car garage. Beautiful outdoor spaces with pool, Intracoastal dock, and access to the Lake Trail.
More Information MLS# R10867840
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: No
Listing Contract Date: 2023-02-17
Status: Closed
Original List Price: 40500000
Sold Price: $23,750,000
Current Price: $23,750,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Palm Beach
Postal Zip: 33480
Geographic Area: PB30
Special Assessment YN: No
Country: United States
Street Number: 1050
Street Direction Prefix: N
Street Name: Lake
Street Suffix: Way
State Or Province: FL
Postal Code: 33480
Subdivision Name: CORAL EST
Area: 5001
Parcel Number: 50434303180000152
Zoning: R-B(ci
General Property Information
Living Area Main: 6347
Lot Size Dimensions: 93.0 ft x 184.0 ft
Gated Community YN: No
Lot Size Area: 17884
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Furnished: Unfurnished
Stories Total: 2
Stories: 2
Pool Private YN: Yes
Property Sub Type: Single Family Residence
Bedrooms Total: 5
Bathrooms Total: 6
Bathrooms Full: 5
Bathrooms Half: 1
Building Area Main: 8564
Building Area Source: Public Records
Year Built: 1963
Garage YN: 1
Attached Garage YN: 1
Garage Spaces: 2
Covered Spaces: 2
Lot Size Acres: 0.41
Waterfront YN: 1
Direction Faces: West
Financial Information
Association Deposit YN: No
Membership Fee Required YN: No
Tax Annual Amount: 83424.4
Tax Year: 2022
Tax Legal Description: CORAL ESTATES LOTS 15 & 16 (LESS S 100 FT) & UNDIV INT IN LTS 1-A & 15-A
Remarks and Miscellaneous
Public Historical Remarks: Boat Services:Private Dock Y
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2025-01-27T18:31:45Z
Major Change Type: Status Change
Price Change Timestamp: 2024-12-11T17:23:42Z
Status Change Date: 2025-01-27
Under Contract Date: 2025-01-10
Close Date: 2025-01-24
Close Price: 23750000
Amenities
None: 1
Flooring
Wood: 1
Parking Features
Attached Garage: 1
Garage: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Sewer Available: 1
Water Available: 1
Heating
Central: 1
Water View
Intracoastal: 1
Lake: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Free-Standing Freezer: 1
Gas Range: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Construction Materials
CBS: 1
Interior Features
Bar: 1
Built-in Features: 1
Elevator: 1
Entrance Foyer: 1
Pantry: 1
Walk-In Closet(s): 1
Wet Bar: 1
Laundry Features
Inside: 1
Listing Terms
Cash: 1
Conventional: 1
Pool Features
In Ground: 1
Water Source
Public: 1
Waterfront Features
Intracoastal: 1
Lake Front: 1
Architectural Style
Colonial: 1
Boat and Dock Information
Dock: Yes
Boat and Dock Features
Private Dock: 1
Cooling
Central Air: 1
Showing Requirements
Appointment Only: 1
Call Listing Office: 1
Main Level Rooms
Main Level Bathrooms: 4
Main Level Bedrooms: 3
Master Bedroom/Bath
2 Master Baths: 1
Master Bdrm - Upstairs: 1
Separate Shower: 1
Separate Tub: 1
Pets Allowed YN
Yes: 1
Restrictions
Other Restrictions: 1
Storm Protection
Other Protection: Complete
Tax Information
City/County: 1
Showing Details
Pet(s) on Premises: No
Outdoor Living Spaces
Balcony: 1
Patio: 1
Balcony Details
Balcony - Open: 1
Patio Details
Patio - Open: 1
Contingencies
None: 1
Room Types
Den: 1
Family Room: 1
Great Room: 1
Kitchen: 1
Kitchen Level: Main
Laundry: 1
Living Room: 1
Living Room Level: Main
Master Bedroom: 1
Master Bedroom Level: Upper
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
Price Calculations
Current Price To SqFt: 3741.92
Original List Price To Close Price: 1.7
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Originating Details
Originating System Key: 20230221151448862507000000
Originating System ID: M00000170
Property Features
Flooring: Wood
Parking Features: Attached Garage; Garage
Property Condition: Resale
Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Gas Range; Microwave; Refrigerator; Washer
Architectural Style: Colonial
Boat and Dock Features: Private Dock
Construction Materials: CBS
Cooling: Central Air
Heating: Central
Interior Features: Bar; Built-in Features; Elevator; Entrance Foyer; Pantry; Walk-In Closet(s); Wet Bar
Laundry Features: Inside
Listing Terms: Cash; Conventional
Pets Allowed YN: Yes
Pool Features: In Ground
Possession: Close Of Escrow
Restrictions: Other Restrictions
Sewer: Public Sewer
Tax Information: City/County
Utilities: Sewer Available; Water Available
Water Source: Public
Water View: Intracoastal; Lake
Waterfront Features: Intracoastal; Lake Front
Showing Requirements: Appointment Only; Call Listing Office
Outdoor Living Spaces: Balcony; Patio
Balcony Details: Balcony - Open
Patio Details: Patio - Open
Contingencies: None
Room Types: Den; Family Room; Great Room; Kitchen; Laundry; Living Room; Master Bedroom
Acreage Description: 1/4 To Less Than 1/2 Acre Lot
Room Information
Living Room
Length: 1.00
Length: 1.00
Width: 1.00
Width: 1.00
Level: Main
Kitchen
Length: 1.00
Length: 1.00
Width: 1.00
Width: 1.00
Level: Main
Master Bedroom
Length: 1.00
Length: 1.00
Width: 1.00
Width: 1.00
Level: Upper
Family Room
Great Room
Laundry
Listing Office:
Christian Angle Real Estate
Last Updated: March - 13 - 2026
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