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
Listing Date: 2023-04-12
Status: Closed
Original List Price: 55000000
Auction: No
Sold Price: $50,000,000
Current Price: $50,000,000
List Price/SqFt: 7384.53
General Property Description
Type: Single Family Detached
Governing Bodies: None
Main Level Bedrooms: 5
Total Bedrooms: 5
Main Level Bathrooms: 6
Baths - Full: 6
Baths - Half: 1
Baths - Total: 6.1
Property Condition: Resale
Year Built: 1974
SqFt - Total: 8503
SqFt - Living: 7448
SqFt Source: Tax Rolls
Gated Community: No
Garage Spaces: 2
Covered Spaces: 2
Homeowners Assoc: None
Association Deposit: No
Membership Fee Required: No
Directions: Over to Palm Beach via north bridge, left on Bradley Place - follow along to N Lake Way- property on your left
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
Lot Dimensions: 128 x 289
Waterfront: Yes
Front Exp: East
Private Pool: Yes
Pets Allowed: Yes
Pets on Premises: No
Total Floors/Stories: 1
Location Tax Legal
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
Status Change Info
Under Contract Date: 2023-04-17
Sold Date: 2023-07-28
Sold Price: $50,000,000
Terms of Sale: Cash
Sold Price/SqFt: 6713.21
Storm Protection
Panel Shutters: Partial
Impact Glass: Partial
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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