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1197 N Lake Way, Palm Beach, FL 33480

$17,100,000
Property Type: Residential Bedrooms: 6 Baths: 7.4 Square Footage: 9,878 Status: Closed
Current Price: $17,100,000 Last Modified: 9/29/2023

Description

Built in 2003 to the highest standards, this impressive lakefront estate is characterized by high ceilings, deep overhangs, large porches, and numerous windows taking in spectacular Intracoastal Waterway and sunset views. Perfect for entertaining, the grand two-story living room has a soaring gabled ceiling with wooden beams and elegant details.

Supplements: Expansive second-floor windows flood the room with natural light. The home is designed for an indoor-outdoor lifestyle, with the main living spaces flowing out to porches with relaxing sitting areas overlooking 165 ft. of lntracoastal frontage, beautifully landscaped grounds, and the sumptuous pool. Boasting 9,878 sq ft of interior space, the house has five bedrooms, seven full baths and four half baths, separate staff quarters, and a spacious two-car garage. A deep-water dock can accommodate a boat of up to 100 ft., and there is also deeded access to the oceanfront beach cabana at Mockingbird Trail, making the most of this exquisite location.

More Information MLS# RX-10397823

Contract Information

Auction: No List Price/SqFt: 2014.57 Listing Date: 2018-01-15 Status: Closed Original List Price: 24000000 Sold Price: $17,100,000 Current Price: $17,100,000

General Property Description

Governing Bodies: None Property Condition: Resale SqFt - Total: 14310 Waterfront: Yes SqFt Source: Floor Plan Waterfrontage: 165 Covered Spaces: 2 Homeowners Assoc: None Pets Allowed: Yes Front Exp: West Directions: Turn left onto S County Rd Continue straight onto N County Rd Turn left onto Country Club Rd Continue onto N Lake Way to 1197 Dock: yes Membership Fee Required: No Private Pool: Yes Type: Single Family Detached Total Bedrooms: 6 Baths - Full: 7 Baths - Half: 4 Baths - Total: 7.4 Year Built: 2003 SqFt - Living: 9878 Garage Spaces: 2 Subdivision: MOCKING BIRD TRAIL TRACT Legal Desc: MOCKING BIRD TRAIL TRACT LTS 2 & 6 & LTS 3 & 7 (LESS S 115 FT) Total Floors/Stories: 2

Location, Tax & Legal

Geo Area: PB30 State/Province: FL HOPA: No Hopa Short Sale: No Tax Year: 2017 Zoning: RB Short Sale A/U: N/A Short Sale Addendum: No Taxes: 185448 Special Assessment: No REO: No Area: 5001 County: Palm Beach Parcel ID: 50434303090000020 Street #: 1197 Street Dir: N Street Name: Lake Street Suffix: Way Zip Code: 33480 Geo Lat: 26.756675 Geo Lon: -80.040957

Office/Member Info

DXORIGMLNO: RX-10397823 DXORIGMLSID: RML

Status Change Info

Terms of Sale: Cash Sold Price/SqFt: 1731.11 Under Contract Date: 2019-09-30 Sold Date: 2019-10-21 Sold Price: $17,100,000

Construction

CBS: 1

Master Bedroom/Bath

2 Master Baths: 1 Separate Tub: 1

Rooms

Great: 1 Maid/In-Law: 1

Waterfront Details

Intracoastal: 1

Lot Description

1/2 to < 1 Acre: 1

Equip/Appl Included

Dishwasher: 1 Dryer: 1 Refrigerator: 1 Washer: 1

Cooling

Central: 1

Heating

Central: 1

Furnished

Unfurnished: 1

Interior Features

Volume Ceiling: 1

Flooring

Wood Floor: 1

Utilities

Electric: 1 Public Sewer: 1 Public Water: 1

Parking

Garage - Attached: 1

Restrict

None: 1

Subdiv. Amenities

None: 1

Terms Considered

Cash: 1

Possession

At Closing: 1

Taxes

City/County: 1

Contingencies

Other: 1

Property Features

Construction: CBS Waterfront Details: Intracoastal Lot Description: 1/2 to < 1 Acre Interior Features: Volume Ceiling Furnished: Unfurnished Rooms: Great; Maid/In-Law Parking: Garage - Attached Restrict: None Flooring: Wood Floor Heating: Central Cooling: Central Terms Considered: Cash Utilities: Electric; Public Sewer; Public Water Taxes: City/County Possession: At Closing Contingencies: Other

Room Information

Living Room Length: 38.30 Width: 19.10 Length: 38.30 Level: First Width: 19.10 Kitchen Length: 35.40 Width: 14.50 Length: 35.40 Level: First Width: 14.50 Master Bedroom Length: 21.30 Width: 19.30 Length: 21.30 Level: Second Width: 19.30
Listing Office: Brown Harris Stevens of PB
IDX
Last Updated: September - 29 - 2023
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