1246 N Lake Way, Palm Beach, FL 33480

$30,822,532.50
Property Type: Residential Bedrooms: 5 Baths: 8 Square Footage: 6,856 Status: Closed
Current Price: $30,822,532.50 List Date: 11/14/2024 Last Modified: 8/13/2026

Overview

Description

Spectacular Newly Completed Lakefront home with deep water dock and access to the Lake Trail. With spectacular views of the Intracoastal, this stunning home has been beautifully restored and features 5 bedrooms, 7 bathrooms, 1 powder room, and over 6,800 total square feet. Fabulous courtyard pool area perfect for outdoor entertaining with covered loggia, expansive patio, salt-water pool, and spa. Interior highlights include formal dining room, fabulous eat-in kitchen, media room, and den. Beautiful Primary Suite with dressing room, large bath with dual sinks, and breathtaking views. Additional features include lush tropical landscaping, 2-car garage, multiple balconies, and charming entry portico.

Listing Details MLS# R11037070

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
5
Bathrooms Total
8
Bathrooms Full
7
Bathrooms Half
Yes
Building Area Main
6856
Building Area Source
Public Records
Living Area Main
4649
Year Built
1962
Garage YN
Yes
Garage Spaces
2
Covered Spaces
2
Gated Community YN
No
Lot Size Area
14583
Lot Size Acres
0.33
Lot Size Dimensions
74.0 ft x 187.0 ft
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
2
Stories
2
Direction Faces
East
Pool Private YN
Yes
Spa YN
Yes
Furnished
Unfurnished

Property Features

Dining Area: Eat-In Kitchen; Formal Dining Flooring: Marble; Wood Parking Features: Detached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Gas Range; Ice Maker; Microwave; Refrigerator; Washer Construction Materials: CBS; Concrete; Other Cooling: Central Air Fencing: Fenced Heating: Central Interior Features: Kitchen Island; Pantry; Storage; Wet Bar Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: No Restrictions Pool Features: Heated; In Ground; Salt Water 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 - Covered; Balcony - Open Patio Details: Patio - Covered; Patio - Open Contingencies: None Room Types: Den; Family Room; Kitchen; Living Room; Master Bedroom; Media Room Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
34900000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
1246
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
ALTO LIDO
Area
5001
Geographic Area
PB30
Special Assessment YN
No
Parcel Number
50434303080000130
Zoning
R-B(ci

Financial Information

Association Deposit YN
No
Membership Fee Required YN
No
Tax Annual Amount
46282.3
Tax Year
2024
Tax Legal Description
ALTO LIDO LT 13 /LESS E 5 FT ST R/W/ & LT 13-A

Status Change Information

Major Change Timestamp
2026-04-27T13:39:19Z
Major Change Type
Status Change
Status Change Date
2026-04-27
Under Contract Date
2026-03-13
Close Date
2026-04-22
Close Price
30822532.5
Buyer Financing
Cash

More Information

Short Sale Details

Short Sale Addendum
No

Main Level Rooms

Main Level Bathrooms
3

Storm Protection

Impact Glass
Complete

Room Types

Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Upper

Price Calculations

Current Price To SqFt
7506.99

Originating Details

Originating System Key
20241125033926096490000000
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
Media Room
Den
IDX
Listing Office: Christian Angle Real Estate
Last Updated: August - 13 - 2026
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