$14,900,000
1221 N Lake Way
Palm Beach, FL 33480
MLS# RX-10669777
Status: Closed
6 beds  |  6.1 baths  |  4848 sqft


1221 N Lake Way, Palm Beach, FL 33480
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Property Description
PALM BEACH LAKEFRONT. Expertly renovated by Todd Michael Glaser. ''Nautical Mansion'' originally designed by Belford Shoumate, a beloved architect of Modernism on Palm Beach. Newly re-imagined & expanded: 6,040 SqFt with 6 BR, 6.5 BA, pool, deep water dock & deeded beach access. A truly rare lakefront offering at $14.9MM. 65' of Intracoastal frontage affording lovely views & amazing sunsets. 7.0 NAVD (8.5 NGVD). 14,600+SqFt Lot

Details
Maps
Contract Information
Listing Date: 2020-11-09
Status: Closed
Original List Price: 13900000
Auction: No
List Price: $14,900,000
Current Price: $14,300,000
List Price/SqFt: 3073.43
General Property Description
Type: Single Family Detached
Governing Bodies: None
Main Level Bedrooms: 3
Total Bedrooms: 6
Main Level Bathrooms: 3
Baths - Full: 6
Baths - Half: 1
Baths - Total: 6.1
Property Condition: Resale
Year Built: 1940
SqFt - Total: 6040
SqFt - Living: 4848
SqFt Source: Developer
Gated Community: No
Garage Spaces: 2
Covered Spaces: 2
Homeowners Assoc: None
Association Deposit: No
Membership Fee Required: No
Directions: Call Listing Office
Subdivision: MOCKINGBIRD TRAIL TRACT
Legal Desc: MOCKING BIRD TRAIL TRACT S 65 FT OF LTS 1 & 5
Lot SqFt: 14634
Waterfront: Yes
Waterfrontage: 65
Dock: Yes
Front Exp: West
Private Pool: Yes
Pets Allowed: Yes
Pets on Premises: Yes
Total Floors/Stories: 2
Location Tax Legal
Area: 5001
County: Palm Beach
Parcel ID: 50434303090000011
Street #: 1221
Street Dir: N
Street Name: Lake
Street Suffix: Way
Zip Code: 33480
Geo Lat: 26.757006
Geo Lon: -80.040943
Status Change Info
Under Contract Date: 2021-02-26
Sold Date: 2021-04-19
Sold Price: 14300000
Terms of Sale: Cash
Sold Price/SqFt: 2949.66
Storm Protection
Impact Glass: Complete
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
Property Features
Construction: CBS
View: Intracoastal; Pool
Waterfront Details: Intracoastal; Navigable; No Fixed Bridges; Ocean Access; Seawall
Lot Description: 1/4 to 1/2 Acre
Exterior Features: Covered Balcony; Open Patio
Interior Features: Elevator; Fireplace(s); Foyer; Pantry; Upstairs Living Area; Walk-in Closet
Furnished: Unfurnished
Rooms: Family
Parking: 2+ Spaces; Garage - Attached
Restrict: Other
Security: Security Sys-Owned
Flooring: Terrazzo Floor; Wood Floor
Heating: Central
Cooling: Central
Roof: Tar/Gravel
Boat Services: Private Dock
Terms Considered: Cash; Conventional
Utilities: None
Taxes: City/County
Possession: At Closing
Contingencies: None
Supplements
DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. The listing company's marketplace is all of the following: Vero Beach, Town of Orchid, Indian River Shores, Town of Palm Beach, West Palm Beach, Manalapan Beach, Point Manalapan, Hypoluxo Island, Ocean Ridge, Gulf Stream, Delray Beach, Highland Beach, Boca Raton, East Deerfield Beach, Hillsboro Beach, Hillsboro Shores, East Pompano Beach, Lighthouse Point, Sea Ranch Lakes and Fort Lauderdale. Cooperating brokers are advised that in the event of a Buyer default, no commission will be paid to a cooperating Broker on the Deposits retained by the Seller. No commissions are paid to any cooperating broker until title passes or upon actual commencement of a lease. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Copyright 2021 by the listing company. All Rights Reserved.
Room Information
Room Name Length Width Length Level Width
Living Room29.0017.4029.00Main17.40
Kitchen19.4013.0019.40Main13.00
Master Bedroom16.5012.0016.50Second12.00
Family Room35.0012.4035.00Main12.40
Dining Room15.4012.9015.40Main12.90

Listing Office: Premier Estate Properties, Inc

Last Updated: June - 15 - 2021

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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