1050 N Lake Way, Palm Beach, FL 33480
$23,750,000
Property Type:
Residential
Bedrooms:
5
Baths:
5.1
Square Footage:
6,347
Status:
Closed
Current Price:
$23,750,000
Last Modified:
5/29/2025
Description
Stunning Contemporary Regency with dramatic views of the Intracoastal waterway and the motor yachts at Rybovich Marina. Excellent open floor plan perfect for indoor and outdoor entertaining. Features gracious living room, formal dining room, sunny and bright interior loggia. Family room with entertaining bar and office with beautiful views of the lake. Elevator leads to expansive second floor primary suite with sprawling, oversized terrace and dual baths. Additional highlights include chef's kitchen, staff bedrooms, and 2-car garage. Beautiful outdoor spaces with pool, Intracoastal dock, and access to the Lake Trail.
More Information MLS# RX-10867840
Contract Information
Listing Date: 2023-02-17
Status: Closed
Original List Price: 40500000
Auction: No
Sold Price: $23,750,000
Current Price: $23,750,000
List Price/SqFt: 4710.88
Negotiable Seller Concessions YN: No
General Property Description
Type: Single Family Detached
Governing Bodies: None
Main Level Bedrooms: 3
Total Bedrooms: 5
Main Level Bathrooms: 4
Baths - Full: 5
Baths - Half: 1
Baths - Total: 5.1
Property Condition: Resale
Year Built: 1963
SqFt - Total: 8564
SqFt - Living: 6347
SqFt Source: Tax Rolls
Gated Community: No
Garage Spaces: 2
Covered Spaces: 2
Homeowners Assoc: None
Association Deposit: No
Membership Fee Required: No
Subdivision: CORAL EST
Legal Desc: CORAL ESTATES LOTS 15 & 16 (LESS S 100 FT) & UNDIV INT IN LTS 1-A & 15-A
Lot SqFt: 17884
Lot Dimensions: 93.0 ft x 184.0 ft
Waterfront: Yes
Front Exp: West
Private Pool: Yes
Pets Allowed: Yes
Pets on Premises: No
Total Floors/Stories: 2
Location Tax Legal
Area: 5001
County: Palm Beach
Parcel ID: 50434303180000152
Street #: 1050
Street Dir: N
Street Name: Lake
Street Suffix: Way
Zip Code: 33480
Geo Lat: 26.751033
Geo Lon: -80.041274
Status Change Info
Under Contract Date: 2025-01-10
Sold Date: 2025-01-24
Sold Price: $23,750,000
Terms of Sale: Cash
Sold Price/SqFt: 3741.92
Storm Protection
Other Protection: Complete
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
Property Features
Design: Contemporary
Construction: CBS
View: Intracoastal; Lake
Waterfront Details: Intracoastal; Lake
Private Pool Description: Inground
Lot Description: 1/4 to 1/2 Acre
Exterior Features: Open Balcony; Open Patio
Interior Features: Bar; Built-in Shelves; Elevator; Foyer; Pantry; Walk-in Closet; Wet Bar
Furnished: Unfurnished
Rooms: Den/Office; Family; Great; Laundry-Inside
Parking: 2+ Spaces; Driveway; Garage - Attached
Restrict: Other
Flooring: Wood Floor
Heating: Central
Cooling: Central
Boat Services: Private Dock
Terms Considered: Cash; Conventional
Utilities: Public Sewer; Public Water
Taxes: City/County
Possession: At Closing
Contingencies: None
Room Information
Living Room
Length: 1.00
Width: 1.00
Length: 1.00
Level: Main
Width: 1.00
Kitchen
Length: 1.00
Width: 1.00
Length: 1.00
Level: Main
Width: 1.00
Master Bedroom
Length: 1.00
Width: 1.00
Length: 1.00
Level: Upper
Width: 1.00
Listing Office: Christian Angle Real Estate
Last Updated: May - 29 - 2025
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
