1191 N Lake Way, Palm Beach, FL 33480

$14,910,000
Property Type: Residential Bedrooms: 6 Baths: 10 Square Footage: 10,055 Status: Closed
Current Price: $14,910,000 List Date: 6/05/2020 Last Modified: 7/05/2026

Overview

Description

Better than new – custom built magnificent lakefront estate with stately front and rear elevation and expansive water views from virtually every room! Grand arrival through a hedged and manicured brick and pebble driveway into the expansive motor court, 3 car garage with staff, yacht captain or separate guest quarters (1 bed/1 bath) featuring a full kitchen and living area. Enter the main home and immediately breathtaking intracoastal views make the home bright and inviting from the living room, formal and informal dining, expansive family room – chefs kitchen, and library. Full master suite down & another upstairs! Elevator, gym or additional bedroom up – w/ ample additional guest bedrooms and a ''bonus'' air-conditioned third level for storage rarely seen in a Palm Beach estate residence

Supplements: Outdoors enjoy an oversize pool - privacy from all neighbors and a locked gate leads to your own private dock - wood and aluminum - a boaters dream! Interior finishes include stone and hardwood floors, exotic marbles and upgraded fittings. Pristine - nothing to do- condition. Over sized home site on one of the islands best locations. Generator, rar ...

Listing Details MLS# R10481408

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
6
Bathrooms Total
10
Bathrooms Full
8
Bathrooms Half
2
Building Area Main
10055
Building Area Source
Public Records
Living Area Main
8440
Year Built
2011
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
3
Covered Spaces
3
Lot Size Area
22884
Lot Size Acres
0.53
Lot Size Dimensions
115 x 223
Frontage Length
115
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
2
Stories
2
Direction Faces
East
Fireplace YN
Yes
Pool Private YN
Yes
Furnished
Unfurnished

Property Features

Dining Area: Eat-In Kitchen; Formal Dining Flooring: Marble; Wood; Other Parking Features: Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Gas Range; Ice Maker; Refrigerator; Washer Boat and Dock Features: Private Dock; Water Available Construction Materials: CBS Cooling: Central Air; Zoned Heating: Central; Zoned Interior Features: Elevator; Entrance Foyer; French Doors Laundry Features: Inside; Laundry Closet; Washer Hookup; Dryer Hookup Levels: Multi/Split Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pool Features: In Ground Possession: Close Of Escrow Restrictions: Other Restrictions Road Frontage Type: East of US-1; Public Road Road Surface Type: Paved Roof: Concrete; Tile Security Features: Security System Owned Sewer: Public Sewer Special Information: Sold As-Is Sprinkler Description: Auto Sprinkler Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available View: Pool Water Access: Ocean Access Water Source: Public Water View: Intracoastal Waterfront Features: Intracoastal; Navigable Water Showing Requirements: Appointment Only; Call Listing Agent Outdoor Living Spaces: Balcony; Patio Balcony Details: Balcony - Screened Patio Details: Patio - Covered; Patio - Open; Patio - Screened Contingencies: None Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Dining Room; Family Room; Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: 1/2 To Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
21500000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
1191
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
MOCKINGBIRD TRAIL TRACT
Area
5001
Geographic Area
PB30
Special Assessment YN
No
Parcel Number
50434303090000031
Zoning
R-B(ci
Directions
Over to Palm Beach to via north Bridge, left on Bradley Place follow all the way to property on N Lake Way

Financial Information

Membership Fee Required YN
No
Tax Annual Amount
121341
Tax Year
2017
Tax Legal Description
MOCKING BIRD TRAIL TRACT S 115 FT OF LTS 3 & 7 & UND INT IN PT OF LTS 41A, 42A & UNMBRD TR AS IN DB863P263 K/A PRIV BC

Remarks and Miscellaneous

Public Historical Remarks
Boat Services:Private Dock Y

More Information

Status Change Information

Major Change Timestamp
2020-06-08T20:49:52Z
Major Change Type
Status Change
Price Change Timestamp
2020-01-21T17:51:59Z
Status Change Date
2020-06-08
Under Contract Date
2020-06-08
Close Date
2020-06-08
Close Price
14910000
Buyer Financing
Conventional

Entry Information

Entry Location
Entry Level Living Area Y

Short Sale Details

Short Sale Addendum
No

Boat and Dock Information

Dock
Yes

Pool Size Details

Pool Size (WxL)
15 X 30

Storm Protection

Impact Glass
Complete
Permanent Generator
Whole House

Room Types

Kitchen Level
First
Living Room Level
First
Master Bedroom Level
First

Price Calculations

Current Price To SqFt
1766.58
Original List Price To Close Price
1.44

Originating Details

Originating System Key
20181115182523466181000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Living Room 24.00 23.00 First
Dining Room 18.00 12.00
Kitchen 13.00 10.00 First
Family Room 13.00 15.00
Master Bedroom 19.00 15.00 First
Bedroom 2 15.00 15.00
Bedroom 3 11.00 16.00
Bedroom 4 11.00 12.00
Laundry
IDX
Listing Office: The Corcoran Group
Last Updated: July - 05 - 2026
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