$5,900,000
1221 N Lake Way
Palm Beach, FL 33480
MLS# RX-10207558
Status: Closed
5 beds  |  5 baths  |  3090 sqft

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Aerial
  1 / 37  
Aerial Aft N Lake Way Front Fore Facing Intracoastal View From 3rd Floor Bridge Entrance Foyer Living Room Dining Room Great Room Kitchen Galley Breakfast Room Original Fireplace Upstairs Office/Playroom Interior Staircase Master Bedroom His Dressing Room His Bath Her Dressing Room Her Bath First Floor Guest Bedroom Guest Bathroom Port hole Window Glass Block Window Front of House/The Ship Front Gate Front Door Door Knocker Staircase to Third Floor Original Lighting Original Details Original Details Dock Beach Cabana Beach Cabana Beach Cabana Beach Cabana

Property Description
1221 North Lake Way was built in 1940 and designed by Belford Shoumate who was the most popular architect of Modernism on the island of Palm Beach. Designed as a 6,000 SF ‘Nautical Mansion’ the ‘Fore and Aft House’ was featured in the 1939 World’s Fair as one of the Houses of Tomorrow. That fair had a lasting influence on American Architecture. Following Art Deco, the International Style of Architecture grew out of a fascination with industrial design and speed, particularly, automobiles, trains, boats and planes. The southern elevation of the 1221 has concrete porthole columns that repeat along the windowed curtain wall and the upper decks feature steamship railings. The extreme right of the house (eastern elevation) has a 2-car Y shaped garage with 2 exits.

Details
Contract Information
Auction: No
List Price/SqFt: 2263.75
Listing Date: 2016-02-12
Status: Closed
Original List Price: 9750000
Sold Price: $5,900,000
Current Price: $5,900,000
General Property Description
Governing Bodies: None
Property Condition: Resale
Lot Dimensions: 65.0 ft x 189.0 ft
SqFt - Total: 5645
Waterfront: Yes
SqFt Source: Tax Rolls
Homeowners Assoc: None
Pets Allowed: Yes
Front Exp: West
HOA/POA/COA (Monthly): 0
Directions: On N Lake Way, directly on Intracoastal, at corner of Mockingbird
Membership Fee Required: No
Private Pool: Yes
Type: Single Family Detached
Total Bedrooms: 5
Baths - Full: 5
Baths - Total: 5
Year Built: 1940
SqFt - Living: 3090
Garage Spaces: 2
Subdivision: MOCKINGBIRD TRAIL TRACT
Legal Desc: MOCKING BIRD TRAIL TRACT S 65 FT OF LTS 1 & 5
Lot SqFt: 12882
Total Floors/Stories: 2
Location, Tax & Legal
Geo Area: PB30
State/Province: FL
HOPA: No Hopa
Short Sale: No
Tax Year: 2015
Zoning: RB
Short Sale A/U: N/A
Short Sale Addendum: No
Taxes: 76103.6
Special Assessment: No
REO: No
Area: 5002
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: -80.040947
Office/Member Info
DXORIGMLNO: RX-10207558
DXORIGMLSID: RML
Status Change Info
Terms of Sale: Conventional
Sold Price/SqFt: 1909.38
Under Contract Date: 2017-06-06
Sold Date: 2017-08-08
Sold Price: $5,900,000
Design
< 4 Floors: 1
Contemporary: 1
Unit Desc
Multi-Level: 1
Construction
CBS: 1
Master Bedroom/Bath
Separate Shower: 1
Separate Tub: 1
View
Intracoastal: 1
Pool: 1
Rooms
None: 1
Waterfront Details
Intracoastal: 1
Navigable: 1
No Fixed Bridges: 1
Ocean Access: 1
Lot Description
East of US-1: 1
1/4 to 1/2 Acre: 1
Equip/Appl Included
Dishwasher: 1
Dryer: 1
Range - Gas: 1
Refrigerator: 1
Washer: 1
Private Pool Description
Freeform: 1
Inground: 1
Cooling
Central: 1
Heating
Central: 1
Exterior Features
Covered Balcony: 1
Open Patio: 1
Furnished
Unfurnished: 1
Interior Features
None: 1
Flooring
Terrazzo Floor: 1
Wood Floor: 1
Utilities
Public Sewer: 1
Public Water: 1
Parking
2+ Spaces: 1
Drive - Circular: 1
Garage - Attached: 1
Restrict
Other: 1
Security
Security Sys-Owned: 1
Subdiv. Amenities
None: 1
Terms Considered
Cash: 1
Conventional: 1
Possession
At Closing: 1
Window Treatments
Casement: 1
Double Hung Metal: 1
Sliding: 1
Taxes
City/County: 1
Contingencies
None: 1
Property Features
Design: < 4 Floors; Contemporary
Unit Desc: Multi-Level
Construction: CBS
View: Intracoastal; Pool
Waterfront Details: Intracoastal; Navigable; No Fixed Bridges; Ocean Access
Private Pool Description: Freeform; Inground
Lot Description: East of US-1; 1/4 to 1/2 Acre
Exterior Features: Covered Balcony; Open Patio
Interior Features: None
Furnished: Unfurnished
Rooms: None
Parking: 2+ Spaces; Drive - Circular; Garage - Attached
Restrict: Other
Security: Security Sys-Owned
Flooring: Terrazzo Floor; Wood Floor
Heating: Central
Cooling: Central
Terms Considered: Cash; Conventional
Utilities: Public Sewer; Public Water
Window Treatments: Casement; Double Hung Metal; Sliding
Taxes: City/County
Possession: At Closing
Contingencies: None
Supplements
The Extreme left side (west) features the musical-key note pool overlooking the Intracoastal view, thus The Fore and Aft house. The house sits on 65 feet of Intracoastal frontage offering stunning views and amazing sunsets as well as a deep-water dock. The nautical-like design has the effect of a boat, sitting on the lot overlooking the Intracoastal. Equally important, 1221 is the only Lakefront house in Palm Beach with its own deeded Oceanfront cabana down the block. Most original details remain, including some custom furnishings. 'Fore and Aft' was designed with 4 bedrooms with exterior doors to enter and exit the exterior decks, not unlike steamships of the day. Many of the original bathroom details remain and missing elements could be found or restored.
Room Information
Room Name Length Width Length Level Width
Living Room20.0015.0020.00First15.00
Kitchen10.008.0010.00First8.00
Master Bedroom15.0020.0015.00First20.00

IDX
Listing Office: The Corcoran Group

Last Updated: February - 01 - 2019

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