1157 N Lake Way ., Palm Beach, FL 33480 (MLS# R3337384)

1157 N Lake Way ., Palm Beach, FL 33480

$7,300,000

Virtual Tour

http://tours34.vht.com/std/t390677640/nobranding

Property Type: Residential Bedrooms: 3 Baths: 5 Square Footage: 4,489 Status: Closed

Current Price: $7,300,000 List Date: 1/06/2013 Last Modified: 1/11/2026

Overview

Description

Sensibly sized Lakefront home built by Woolems Construction in 2003. High quality finished and materials. Zeluck windows with hardwood and stone flooring. Three bedrooms ensuite plus a library with full bath. Clean and crisp styling throughout. Deep water dock with 24,000 lb lift. Beautiful Mario Neviera gardens surround this property.

Listing Details MLS# R3337384

General Property Information

Property Sub Type: Condominium
Bedrooms Total: 3
Bathrooms Total: 5
Bathrooms Full: 4
Bathrooms Half: Yes
Building Area Main: 4489
Living Area Main: 3597
Year Built: 2003
Garage YN: Yes
Garage Spaces: 2
Covered Spaces: 2
Lot Size Dimensions: 85x196
Senior Community YN: No
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: Yes
Direction Faces: West
Fireplace YN: Yes
Pool Private YN: No
Furnished: Unfurnished
LP/Assessed Value: 1.63
Lot Size Area: 0

Property Features

Flooring: Marble Parking Features: Garage Appliances: Dishwasher; Disposal; Dryer; Electric Range; Ice Maker; Microwave; Refrigerator; Washer Architectural Style: Other Construction Materials: CBS Cooling: Central Air; Zoned Association Type: Condominium Heating: Central; Zoned Interior Features: Entrance Foyer; Storage Listing Terms: Cash Pets Allowed YN: Yes Pool Features: Heated Possession: Close Of Escrow Restrictions: No Restrictions Security Features: Security System Owned Tax Information: City/County Utilities: Electricity Available; Water Available Waterfront Features: Intracoastal Showing Requirements: Call Listing Agent Outdoor Living Spaces: Patio Patio Details: Patio - Covered Room Types: Bedroom 2; Bedroom 3; Dining Room; Kitchen; Living Room; Master Bedroom Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN: No
Listing Contract Date: 2013-01-06
Original List Price: 7895000

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 1157
Street Direction Prefix: N
Street Name: Lake
Street Suffix: Way
Unit Number: .
City Name: Palm Beach
State Or Province: FL
Postal Code: 33480
Postal Zip: 33480
Subdivision Name: El Encanto
Area: 5001
Geographic Area: PB30
Special Assessment YN: No
Parcel Number: 50434302010000130
Zoning: RB
Directions: Call listing agent

Financial Information

Tax Annual Amount: 88770
Tax Year: 2012
Tax Assessed/SOH Value: 4844981
Tax Legal Description: El Encanto Lot 13

Status Change Information

Major Change Timestamp: 2013-05-07T05:00:02Z
Major Change Type: Status Change
Status Change Date: 2013-05-07
Under Contract Date: 2013-03-26
Close Date: 2013-05-07
Close Price: 7300000
Buyer Financing: Cash

More Information

Price Calculations

Current Price To SqFt: 2029.46
Original List Price To Close Price: 1.08

Originating Details

Originating System Key: 20130205105705240152000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Amenities

None: Yes

Flooring

Marble: Yes

Parking Features

Garage: Yes

Possession

Close Of Escrow: Yes

Utilities

Electricity Available: Yes
Water Available: Yes

Heating

Central: Yes
Zoned: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Electric Range: Yes
Ice Maker: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Construction Materials

CBS: Yes

Interior Features

Entrance Foyer: Yes
Storage: Yes

Listing Terms

Cash: Yes

Pool Features

Heated: Yes

Security Features

Security System Owned: Yes

Waterfront Features

Intracoastal: Yes

Architectural Style

Other: Yes

Cooling

Central Air: Yes
Zoned: Yes

Association Type

Condominium: Yes

Showing Requirements

Call Listing Agent: Yes

Master Bedroom/Bath

Separate Shower: Yes

Pets Allowed YN

Yes: Yes

Restrictions

No Restrictions: Yes

Tax Information

City/County: Yes

Outdoor Living Spaces

Patio: Yes

Patio Details

Patio - Covered: Yes

Room Types

Bedroom 2: Yes
Bedroom 3: Yes
Dining Room: Yes
Kitchen: Yes
Living Room: Yes
Master Bedroom: Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot: Yes

Room Information

Bedroom 2 Length: 15.00 Length: 15.00 Width: 13.00 Width: 13.00 Bedroom 3 Length: 14.00 Length: 14.00 Width: 19.00 Width: 19.00 Dining Room Length: 20.00 Length: 20.00 Width: 14.00 Width: 14.00 Kitchen Length: 21.00 Length: 21.00 Width: 18.00 Width: 18.00 Living Room Length: 20.00 Length: 20.00 Width: 16.00 Width: 16.00 Master Bedroom Length: 16.00 Length: 16.00 Width: 19.00 Width: 19.00

Listing Office: Sotheby's Intl. Realty, Inc.

Last Updated: January - 11 - 2026

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