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1421 N Lake Way, Palm Beach, FL 33480

$10,900,000
Property Type: Land/Docks Status: Active
Current Price: $10,900,000 Last Modified: 12/17/2025

Description

RARE OPPORTUNITY!! Palm Beach's coveted North End on Cabana street, this exceptional property offers endless possibilities. Perfectly livable yet primed for a custom rebuild, this oversized lot comes with previously approved ARCOM plans, allowing for a seamless transition to your dream home. Proposed home will be 5,585 LSF and 6,293 TSF, with 4-beds in the main house plus convertible den (office/library) and 2-bed in guest house. Currently, the beautifully updated main house features two elegant bedrooms with rich wood flooring, spacious closets, and two tastefully designed bathrooms with walk-in showers. A charming guest cottage, connected by a covered walkway, provides a private retreat with two additional bedrooms, a cozy sitting area, and a full bath. The meticulously landscaped

Supplements: grounds are a private oasis, complete with a heated pool and spillover spa, surrounded by lush greenery. Whether you choose to enjoy this serene setting as is or bring your vision to life with the approved new construction plans, this prime North End location ensures unparalleled luxury and value. Close proximity to the Sailfish Club and bike path. A rare chance to build or enjoy as is-don't miss this extraordinary opportunity!

More Information MLS# RX-11130361

Contract Information

Auction: No List Price/Acre: 35161290.32 Listing Date: 2025-10-07 Status: Active Original List Price: 10900000 List Price: $10,900,000 Current Price: $10,900,000

General Property Description

Acres: 0.31 Waterfront: No Homeowners Assoc: None Front Exp: West Directions: North end of the island. Reef Road just east of Intracoastal Type: Single Family Detached Subdivision: NORTH SHORE ADD TO P B IN

Location, Tax & Legal

Geo Area: PB30 Country: United States State/Province: FL Short Sale: No Tax Year: 2025 Zoning: Res Short Sale A/U: N/A Short Sale Addendum: No Taxes: 108773 Special Assessment: No REO: No Area: 5004 County: Palm Beach Parcel ID: 50434234080000420 Street #: 1421 Street Dir: N Street Name: Lake Street Suffix: Way Zip Code: 33480 Legal Desc: NORTH SHORE ADD TO PALM BEACH LT 42 Geo Lat: 26.763819 Geo Lon: -80.04033

Office/Member Info

DXORIGMLNO: RX-11130361 DXORIGMLSID: RML

Location

Other: 1

Avail Docs

None: 1

Land Use

Single Family: 1

Lot Description

1/4 to 1/2 Acre: 1

Develop Status

Undeveloped: 1

Improvements

None: 1

Utilities Avail

Electric: 1 Public Water: 1

Utilities On Site

Electric: 1 Public Water: 1 Sewer: 1

Ground Cover

Grassed: 1 Other: 1

Roads

Public: 1

Trees

Other: 1

Terms Considered

Cash: 1

Possession

At Closing: 1

Showing Instructions

Text Listing Agent: 1

Property Features

Land Use: Single Family Location: Other Lot Description: 1/4 to 1/2 Acre Develop Status: Undeveloped Improvements: None Utilities Avail: Electric; Public Water Utilities On Site: Electric; Public Water; Sewer Ground Cover: Grassed; Other Roads: Public Avail Docs: None Trees: Other Terms Considered: Cash Showing Instructions: Text Listing Agent Possession: At Closing
Listing Office: Douglas Elliman
IDX
Last Updated: December - 17 - 2025
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