1050 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: 7/01/2026

Overview

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.

Listing Details MLS# R10867840

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
5
Bathrooms Total
6
Bathrooms Full
5
Bathrooms Half
Yes
Building Area Main
8564
Building Area Source
Public Records
Living Area Main
6347
Year Built
1963
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
2
Covered Spaces
2
Gated Community YN
No
Lot Size Area
17884
Lot Size Acres
0.41
Lot Size Dimensions
93.0 ft x 184.0 ft
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
2
Stories
2
Direction Faces
West
Pool Private YN
Yes
Furnished
Unfurnished

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 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

Contract Information

Comp Sale YN
No
Original List Price
40500000
Negotiable Seller Concessions YN
No

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
1050
Street Direction Prefix
N
Street Name
Lake
Street Suffix
Way
City Name
Palm Beach
State Or Province
FL
Postal Code
33480
Postal Zip
33480
Subdivision Name
CORAL EST
Area
5001
Geographic Area
PB30
Special Assessment YN
No
Parcel Number
50434303180000152
Zoning
R-B(ci

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

More Information

Status Change Information

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
Buyer Financing
Cash

Short Sale Details

Short Sale Addendum
No

Boat and Dock Information

Dock
Yes

Main Level Rooms

Main Level Bathrooms
4
Main Level Bedrooms
3

Storm Protection

Other Protection
Complete

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Room Types

Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Upper

Price Calculations

Current Price To SqFt
3741.92
Original List Price To Close Price
1.7

Originating Details

Originating System Key
20230221151448862507000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Living Room 1.00 1.00 Main
Kitchen 1.00 1.00 Main
Master Bedroom 1.00 1.00 Upper
Family Room
Great Room
Laundry
Den
IDX
Listing Office: Christian Angle Real Estate
Last Updated: July - 01 - 2026
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 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
Search powered by FBS Products