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583 N Lake Way, Palm Beach, FL 33480

$22,500,000
Property Type: Residential Bedrooms: 5 Baths: 7.1 Square Footage: 5,384 Status: Active
Current Price: $22,500,000 Last Modified: 10/22/2025

Description

Located near the highly desirable North End of Palm Beach, this stunning property sits on a generous half-acre lot and offers double-height volume with soaring 14' ceilings. The split floor plan includes a luxurious primary suite with a private lanai, complemented by wood flooring and transom windows that fill the home with natural light. The oversized backyard features bright sunny southern exposure and provides ample space for outdoor living and entertaining. Additional highlights include a covered loggia and a pool cabana bath. The spacious 3-car garage, with a discreet side entrance, adds practicality to this beautiful home. This is truly a must-see property to fully appreciate its charm.

More Information MLS# RX-11118910

Contract Information

Auction: No List Price/SqFt: 4179.04 Listing Date: 2025-08-27 Status: Active Original List Price: 24950000 List Price: $22,500,000 Current Price: $22,500,000

General Property Description

Governing Bodies: None Main Level Bedrooms: 5 Main Level Bathrooms: 7 Property Condition: Resale SqFt - Total: 7054 Waterfront: No SqFt Source: Floor Plan Gated Community: No Covered Spaces: 3 Homeowners Assoc: None Pets Allowed: Yes Pets on Premises: Yes Front Exp: North Association Deposit: No Membership Fee Required: No Private Pool: Yes Type: Single Family Detached Total Bedrooms: 5 Baths - Full: 7 Baths - Half: 1 Baths - Total: 7.1 Year Built: 1993 SqFt - Living: 5384 Garage Spaces: 3 Subdivision: WOODS LANDING PLAT NO 2 IN Legal Desc: SEE BROKER REMARKS Total Floors/Stories: 1

Location, Tax & Legal

Geo Area: PB30 Country: United States State/Province: FL HOPA: No Hopa Short Sale: No Tax Year: 2024 Zoning: R-B—LOW DENSITY Short Sale A/U: N/A Short Sale Addendum: No Taxes: 250538 Special Assessment: No REO: No Area: 5001 County: Palm Beach Parcel ID: 50434310030000121 Street #: 583 Street Dir: N Street Name: Lake Street Suffix: Way Zip Code: 33480 Geo Lat: 26.735092 Geo Lon: -80.039535

Office/Member Info

DXORIGMLNO: RX-11118910 DXORIGMLSID: RML

Construction

CBS: 1

Master Bedroom/Bath

2 Master Baths: 1 Separate Shower: 1 Separate Tub: 1

Rooms

Den/Office: 1 Family: 1 Laundry-Inside: 1 Pool Bath: 1 Storage: 1

Waterfront Details

None: 1

Lot Description

East of US-1: 1 1/2 to < 1 Acre: 1 Paved Road: 1

Equip/Appl Included

Dishwasher: 1 Disposal: 1 Dryer: 1 Freezer: 1 Microwave: 1 Range - Gas: 1 Refrigerator: 1 Smoke Detector: 1 Washer: 1

Cooling

Central: 1 Zoned: 1

Heating

Central: 1 Zoned: 1

Exterior Features

Auto Sprinkler: 1 Covered Patio: 1

Furnished

Unfurnished: 1

Interior Features

Closet Cabinets: 1 Entry Lvl Lvng Area: 1 Kitchen Island: 1 Pantry: 1 Walk-in Closet: 1 Wet Bar: 1

Flooring

Marble: 1 Wood Floor: 1

Porch/Patio/Balcony

Balcony: 1 Patio: 1

Utilities

Electric: 1 Gas Natural: 1 Public Sewer: 1 Public Water: 1

Parking

2+ Spaces: 1 Driveway: 1 Garage - Attached: 1

Pet Restrictions

No Restrictions: 1

Restrict

Other: 1

Security

Security Sys-Owned: 1

Roof

Concrete Tile: 1

Subdiv. Amenities

None: 1

Terms Considered

Cash: 1 Conventional: 1

Possession

At Closing: 1

Window Treatments

Hurricane Windows: 1 Impact Glass: 1

Storm Protection

Impact Glass: Complete

Dining Area

Eat-In Kitchen: 1 Formal: 1

Taxes

City/County: 1

Property Features

Construction: CBS Waterfront Details: None Lot Description: East of US-1; 1/2 to < 1 Acre; Paved Road Exterior Features: Auto Sprinkler; Covered Patio Interior Features: Closet Cabinets; Entry Lvl Lvng Area; Kitchen Island; Pantry; Walk-in Closet; Wet Bar Furnished: Unfurnished Rooms: Den/Office; Family; Laundry-Inside; Pool Bath; Storage Parking: 2+ Spaces; Driveway; Garage - Attached Pet Restrictions: No Restrictions Restrict: Other Security: Security Sys-Owned Flooring: Marble; Wood Floor Heating: Central; Zoned Cooling: Central; Zoned Dining Area: Eat-In Kitchen; Formal Roof: Concrete Tile Terms Considered: Cash; Conventional Utilities: Electric; Gas Natural; Public Sewer; Public Water Window Treatments: Hurricane Windows; Impact Glass Taxes: City/County Possession: At Closing

Room Information

Living Room Length: 39.00 Width: 23.90 Length: 39.00 Level: Main Width: 23.90 Kitchen Length: 26.00 Width: 16.00 Length: 26.00 Level: Main Width: 16.00 Master Bedroom Length: 21.90 Width: 16.00 Length: 21.90 Level: Main Width: 16.00

Documents

Listing Office: Serhant
IDX
Last Updated: October - 22 - 2025
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