$50,000,000
940 N Lake Way
Palm Beach, FL 33480
MLS# RX-10881164
Status: Closed
5 beds  |  6.1 baths  |  7448 sqft


40
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40 36 46 45 21 4 22 19 33 Loggia 30 32 18 23 24 25 28 29

Property Description
Magnificent Lake Front Regency situated on high elevation with amazing panoramic views!! Deep water concrete dock which can accommodate up to a 130' yacht and includes a 40k lb lift and a 15k lb lift for smaller boats. Private deeded beach access! Spacious floor plan features high ceilings, 5 bedrooms, 6.5 baths, 2 kitchens, 2 offices, media room, billiards room, 4 bars, several water features inside and outside, Gas fireplace, oversized travertine pool terrace and covered loggias perfect for entertaining!!

Details
Contract Information
Auction: No
List Price/SqFt: 7384.53
Listing Date: 2023-04-12
Status: Closed
Original List Price: 55000000
Sold Price: $50,000,000
Current Price: $50,000,000
General Property Description
Governing Bodies: None
Main Level Bedrooms: 5
Main Level Bathrooms: 6
Property Condition: Resale
Lot Dimensions: 128 x 289
SqFt - Total: 8503
Waterfront: Yes
SqFt Source: Tax Rolls
Gated Community: No
Covered Spaces: 2
Homeowners Assoc: None
Pets Allowed: Yes
Pets on Premises: No
Front Exp: East
Association Deposit: No
Directions: Over to Palm Beach via north bridge, left on Bradley Place - follow along to N Lake Way- property on your left
Membership Fee Required: No
Private Pool: Yes
Type: Single Family Detached
Total Bedrooms: 5
Baths - Full: 6
Baths - Half: 1
Baths - Total: 6.1
Year Built: 1974
SqFt - Living: 7448
Garage Spaces: 2
Subdivision: Palm Beach
Legal Desc: 10-43-43, S 128.5 FT OF N 358.5 FT OF SUB B GOV LT 1 LYG W OF LAKE WAY
Total Floors/Stories: 1
Location, Tax & Legal
Geo Area: PB30
Country: United States
State/Province: FL
HOPA: No Hopa
Short Sale: No
Tax Year: 2022
Zoning: Residential
Short Sale A/U: N/A
Short Sale Addendum: No
Taxes: 147303
Special Assessment: No
REO: No
Area: 5001
County: Palm Beach
Parcel ID: 50434310000010052
Street #: 940
Street Dir: N
Street Name: Lake
Street Suffix: Way
Zip Code: 33480
Geo Lat: 26.74743
Geo Lon: -80.041309
Office/Member Info
DXORIGMLNO: RX-10881164
DXORIGMLSID: RML
Status Change Info
Terms of Sale: Cash
Sold Price/SqFt: 6713.21
Under Contract Date: 2023-04-17
Sold Date: 2023-07-28
Sold Price: $50,000,000
Design
< 4 Floors: 1
Construction
CBS: 1
Master Bedroom/Bath
2 Master Baths: 1
Separate Shower: 1
Separate Tub: 1
View
City: 1
Garden: 1
Lake: 1
Pool: 1
Rooms
Den/Office: 1
Family: 1
Garage Apartment: 1
Media: 1
Waterfront Details
Intracoastal: 1
Navigable: 1
No Fixed Bridges: 1
Ocean Access: 1
Lot Description
East of US-1: 1
1/2 to < 1 Acre: 1
Special Info
Sold As-Is: 1
Equip/Appl Included
Auto Garage Open: 1
Central Vacuum: 1
Dishwasher: 1
Dryer: 1
Freezer: 1
Ice Maker: 1
Microwave: 1
Range - Gas: 1
Refrigerator: 1
Storm Shutters: 1
Washer: 1
Private Pool Description
Inground: 1
Cooling
Central: 1
Zoned: 1
Heating
Central: 1
Zoned: 1
Exterior Features
Auto Sprinkler: 1
Fence: 1
Open Patio: 1
Shutters: 1
Furnished
Unfurnished: 1
Interior Features
Bar: 1
Fireplace(s): 1
Foyer: 1
Wet Bar: 1
Flooring
Marble: 1
Wood Floor: 1
Other: 1
Porch/Patio/Balcony
Patio: 1
Utilities
Cable: 1
Electric: 1
Public Sewer: 1
Water Available: 1
Parking
2+ Spaces: 1
Driveway: 1
Garage - Attached: 1
Restrict
None: 1
Security
Security Sys-Owned: 1
Roof
Tar/Gravel: 1
Subdiv. Amenities
None: 1
Boat Services
Electric Available: 1
Hoist/Davit: 1
Lift: 1
Private Dock: 1
Over 101 Ft Boat: 1
Terms Considered
Cash: 1
Possession
At Closing: 1
Window Treatments
Impact Glass: 1
Sliding: 1
Storm Protection
Panel Shutters: Partial
Impact Glass: Partial
Dining Area
Breakfast Area: 1
Eat-In Kitchen: 1
Formal: 1
Taxes
City/County: 1
Contingencies
Inspection: 1
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
Property Features
Design: < 4 Floors
Construction: CBS
View: Garden; Lake; Pool
Waterfront Details: Intracoastal; Navigable; No Fixed Bridges; Ocean Access
Private Pool Description: Inground
Lot Description: East of US-1; 1/2 to < 1 Acre
Exterior Features: Auto Sprinkler; Fence; Open Patio; Shutters
Interior Features: Bar; Fireplace(s); Foyer; Wet Bar
Furnished: Unfurnished
Rooms: Den/Office; Family; Garage Apartment; Media
Parking: 2+ Spaces; Driveway; Garage - Attached
Restrict: None
Security: Security Sys-Owned
Flooring: Marble; Wood Floor; Other
Heating: Central; Zoned
Cooling: Central; Zoned
Dining Area: Breakfast Area; Eat-In Kitchen; Formal
Roof: Tar/Gravel
Boat Services: Private Dock; Over 101 Ft Boat; Lift; Hoist/Davit; Electric Available
Terms Considered: Cash
Utilities: Cable; Electric; Public Sewer; Water Available
Window Treatments: Impact Glass; Sliding
Special Info: Sold As-Is
Taxes: City/County
Possession: At Closing
Contingencies: Inspection
Room Information
Room Name Length Width Length Level Width
Living Room18.0030.0018.00Main30.00
Kitchen20.0020.0020.00Main20.00
Master Bedroom18.0020.0018.00Main20.00

IDX
Listing Office: The Corcoran Group

Last Updated: July - 28 - 2023

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