940 N Lake Way, Palm Beach, FL 33480
$50,000,000
Property Type:
Residential
Bedrooms:
5
Baths:
6.1
Square Footage:
7,448
Status:
Closed
Current Price:
$50,000,000
Last Modified:
7/28/2023
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!!
More Information MLS# RX-10881164
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
Living Room
Length: 18.00
Width: 30.00
Length: 18.00
Level: Main
Width: 30.00
Kitchen
Length: 20.00
Width: 20.00
Length: 20.00
Level: Main
Width: 20.00
Master Bedroom
Length: 18.00
Width: 20.00
Length: 18.00
Level: Main
Width: 20.00
Listing Office:
The Corcoran Group
Last Updated: July - 28 - 2023
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