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1221 N Lake Way, Palm Beach, FL 33480

$5,900,000
Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 3,090 Status: Closed
Current Price: $5,900,000 Last Modified: 2/01/2019

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.

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.

More Information MLS# RX-10207558

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

Room Information

Living Room Length: 20.00 Width: 15.00 Length: 20.00 Level: First Width: 15.00 Kitchen Length: 10.00 Width: 8.00 Length: 10.00 Level: First Width: 8.00 Master Bedroom Length: 15.00 Width: 20.00 Length: 15.00 Level: First Width: 20.00
Listing Office: The Corcoran Group
IDX
Last Updated: February - 01 - 2019
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