$29,900,000
1050 N Lake Way
Palm Beach, FL 33480
MLS# RX-10867840
Status: Closed
5 beds  |  5.1 baths  |  6347 sqft


1050 N Lake Way, Palm Beach, FL 33480
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Property 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.

Details
Maps
Contract Information
Listing Date: 2023-02-17
Status: Closed
Original List Price: 40500000
Auction: No
List Price: $29,900,000
Current Price: $23,750,000
List Price/SqFt: 4710.88
Negotiable Seller Concessions YN: No
General Property Description
Type: Single Family Detached
Governing Bodies: None
Main Level Bedrooms: 3
Total Bedrooms: 5
Main Level Bathrooms: 4
Baths - Full: 5
Baths - Half: 1
Baths - Total: 5.1
Property Condition: Resale
Year Built: 1963
SqFt - Total: 8564
SqFt - Living: 6347
SqFt Source: Tax Rolls
Gated Community: No
Garage Spaces: 2
Covered Spaces: 2
Homeowners Assoc: None
Association Deposit: No
Membership Fee Required: No
Subdivision: CORAL EST
Legal Desc: CORAL ESTATES LOTS 15 & 16 (LESS S 100 FT) & UNDIV INT IN LTS 1-A & 15-A
Lot SqFt: 17884
Lot Dimensions: 93.0 ft x 184.0 ft
Waterfront: Yes
Front Exp: West
Private Pool: Yes
Pets Allowed: Yes
Pets on Premises: No
Total Floors/Stories: 2
Location Tax Legal
Area: 5001
County: Palm Beach
Parcel ID: 50434303180000152
Street #: 1050
Street Dir: N
Street Name: Lake
Street Suffix: Way
Zip Code: 33480
Geo Lat: 26.751033
Geo Lon: -80.041274
Status Change Info
Under Contract Date: 2025-01-10
Sold Date: 2025-01-24
Sold Price: 23750000
Terms of Sale: Cash
Sold Price/SqFt: 3741.92
Storm Protection
Other Protection: Complete
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
Property Features
Design: Contemporary
Construction: CBS
View: Intracoastal; Lake
Waterfront Details: Intracoastal; Lake
Private Pool Description: Inground
Lot Description: 1/4 to 1/2 Acre
Exterior Features: Open Balcony; Open Patio
Interior Features: Bar; Built-in Shelves; Elevator; Foyer; Pantry; Walk-in Closet; Wet Bar
Furnished: Unfurnished
Rooms: Den/Office; Family; Great; Laundry-Inside
Parking: 2+ Spaces; Driveway; Garage - Attached
Restrict: Other
Flooring: Wood Floor
Heating: Central
Cooling: Central
Boat Services: Private Dock
Terms Considered: Cash; Conventional
Utilities: Public Sewer; Public Water
Taxes: City/County
Possession: At Closing
Contingencies: None
Room Information
Room Name Length Width Length Level Width
Living Room1.001.001.00Main1.00
Kitchen1.001.001.00Main1.00
Master Bedroom1.001.001.00Upper1.00

Listing Office: Christian Angle Real Estate

Last Updated: May - 29 - 2025

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