1221 N Lake Way, Palm Beach, FL 33480 (MLS# R10996763)

1221 N Lake Way, Palm Beach, FL 33480

$19,200,000

Virtual Tour

https://www.propertypanorama.com/1221-N-Lake-Way-Palm-Beach-FL-33480/unbranded

Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 5,636 Status: Closed

Current Price: $19,200,000 List Date: 6/17/2024 Last Modified: 1/13/2026

Overview

Description

A beautifully renovated, masterful landmark of Modernist architecture, the Boat House combines the very best elements of life in Palm Beach - the perfect spot on the lakefront with dock and boat-lift, deeded ocean access at the Mockingbird neighborhood beach cabana, and an incredibly elegant, exquisitely renovated, move-in ready home. This nautically themed Art Moderne home faces prow-forward toward dramatic sunsets, its rooftop deck overlooking the pool, dock and sparkling Intracoastal. Sea-going touches include seamed hardwood floors, porthole windows and white-piped terrace railings. The house received a full renovation a few years ago and the current owners then made meaningful improvements of their own.

Supplements: Those improvements include all new AC units including one for the garage, a high-end water filtration system, an oversized wine and beverage fridge, a smart home tech center and electric awning for the dining terrace. And to top it all off- an outdoor infrared sauna! Mockingbird is one of the very few Palm Beach streets with both a private neighbo ... (Read more)

Listing Details MLS# R10996763

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 5
Bathrooms Total: 6
Bathrooms Full: 5
Bathrooms Half: Yes
Building Area Main: 5636
Building Area Source: Builder
Living Area Main: 3202
Year Built: 1940
Garage YN: Yes
Attached Garage YN: Yes
Garage Spaces: 2
Covered Spaces: 2
Gated Community YN: No
Lot Size Area: 14662
Lot Size Acres: 0.34
Frontage Length: 65
Senior Community YN: No
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 2
Stories: 2
Direction Faces: East
Fireplace YN: Yes
Pool Private YN: Yes
Furnished: Unfurnished

Property Features

Dining Area: Breakfast Area; Family/Dining Combination Electric: Three Phase Flooring: Terrazzo; Wood Parking Features: Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Gas Range; Ice Maker; Microwave; Refrigerator; Washer; Water Heater; Water Purifier Water Heater Details: Electric Water Heater Water Purifier Details: Water Purifier Owned Architectural Style: Art Deco; Colonial Boat and Dock Features: Electric Available; Lift; Private Dock; Water Available Construction Materials: CBS Cooling: Central Air Heating: Central Interior Features: Elevator; Entrance Foyer; Kitchen Island; Pantry; Upstairs Living Area; Walk-In Closet(s) Laundry Features: Inside; Laundry Closet Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: No Restrictions Pool Features: Heated; In Ground Possession: Close Of Escrow Restrictions: No Restrictions Roof: Tar/Gravel Security Features: Security System; Security System Owned Sewer: Public Sewer Tax Information: City/County Utilities: Natural Gas Available; Sewer Available; Water Available View: Pool Water Access: No Fixed Bridge; Ocean Access Water Source: Public Water View: Intracoastal Waterfront Features: Intracoastal; Navigable Water; Seawall; No Fixed Bridges Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany; Text Listing Agent; See Remarks Outdoor Living Spaces: Balcony; Deck; Patio Balcony Details: Balcony - Covered; Balcony - Open Patio Details: Patio - Open Contingencies: None Room Types: Dining Room; Family Room; Kitchen; Laundry; Living Room; Master Bedroom; Sauna Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 24950000

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 1221
Street Direction Prefix: N
Street Name: Lake
Street Suffix: Way
City Name: Palm Beach
State Or Province: FL
Postal Code: 33480
Postal Zip: 33480
Subdivision Name: MOCKINGBIRD TRAIL TRACT
Area: 5001
Geographic Area: PB30
Special Assessment YN: No
Parcel Number: 50434303090000011
Zoning: R-B(ci
Directions: Take North Lake Way north, house is on the left at Mockingbird.

Financial Information

Association Deposit YN: No
Membership Fee Required YN: No
Tax Annual Amount: 216985
Tax Year: 2023
Tax Legal Description: MOCKING BIRD TRAIL TRACT S 65 FT OF LTS 1 & 5

Remarks and Miscellaneous

Public Historical Remarks: Boat Services:Private Dock Y

More Information

Status Change Information

Major Change Timestamp: 2025-05-23T13:06:36Z
Major Change Type: Status Change
Price Change Timestamp: 2025-01-30T14:15:44Z
Status Change Date: 2025-05-23
Under Contract Date: 2025-04-18
Close Date: 2025-05-23
Close Price: 19200000
Buyer Financing: Conventional

Entry Information

Entry Location: Entry Level Living Area Y

Short Sale Details

Short Sale Addendum: No

Boat and Dock Information

Dock: Yes
Boat Max Length: 60
Dock Details: Yes
Boat Dock Accommodates: Up to 60 Ft Boat

Main Level Rooms

Main Level Bathrooms: 3
Main Level Bedrooms: 3

Pool Size Details

Pool Size (WxL): 38'

Storm Protection

Impact Glass: Complete

Showing Details

Pet(s) on Premises: No

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Room Types

Dining Room Level: Main
Family Room Level: Main
Kitchen Level: Main
Living Room Level: Main
Master Bedroom Level: Second
Dining Room: Yes
Family Room: Yes
Kitchen: Yes
Laundry: Yes
Living Room: Yes
Master Bedroom: Yes
Sauna: Yes

Price Calculations

Current Price To SqFt: 5996.25
Original List Price To Close Price: 1.29

Originating Details

Originating System Key: 20240617152549760673000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Application Fee Details

Application Fee: 0

Amenities

Beach Access: Yes
Private Beach Pavilion: Yes

Dining Area

Breakfast Area: Yes
Family/Dining Combination: Yes

Electric

Three Phase: Yes

Flooring

Terrazzo: Yes
Wood: Yes

Parking Features

Attached Garage: Yes
Garage: Yes

Property Condition

Resale: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Natural Gas Available: Yes
Sewer Available: Yes
Water Available: Yes

View

Pool: Yes

Heating

Central: Yes

Water Access

No Fixed Bridge: Yes
Ocean Access: Yes

Water View

Intracoastal: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Free-Standing Freezer: Yes
Gas Range: Yes
Ice Maker: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes
Water Heater: Yes
Water Purifier: Yes

Construction Materials

CBS: Yes

Interior Features

Elevator: Yes
Entrance Foyer: Yes
Kitchen Island: Yes
Pantry: Yes
Upstairs Living Area: Yes
Walk-In Closet(s): Yes

Laundry Features

Inside: Yes
Laundry Closet: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Pool Features

Heated: Yes
In Ground: Yes

Roof

Tar/Gravel: Yes

Security Features

Security System: Yes
Security System Owned: Yes

Water Source

Public: Yes

Waterfront Features

Intracoastal: Yes
Navigable Water: Yes
Seawall: Yes
No Fixed Bridges: Yes

Water Heater Details

Electric Water Heater: Yes

Water Purifier Details

Water Purifier Owned: Yes

Architectural Style

Art Deco: Yes
Colonial: Yes

Boat and Dock Features

Electric Available: Yes
Lift: Yes
Private Dock: Yes
Water Available: Yes

Cooling

Central Air: Yes

Showing Requirements

Appointment Only: Yes
Call Listing Agent: Yes
Listing Agent Must Accompany: Yes
Text Listing Agent: Yes
See Remarks: Yes

Master Bedroom/Bath

Master Bdrm - Upstairs: Yes
Separate Shower: Yes
Separate Tub: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

No Restrictions: Yes

Pet Details

Pet Fee: 0

Restrictions

No Restrictions: Yes

Tax Information

City/County: Yes

Outdoor Living Spaces

Balcony: Yes
Deck: Yes
Patio: Yes

Balcony Details

Balcony - Covered: Yes
Balcony - Open: Yes

Patio Details

Patio - Open: Yes

Contingencies

None: Yes

Acreage Description

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

Room Information

Room Name	Length	Width	Level
Living Room	29.00	17.40	Main
Kitchen	19.40	13.00	Main
Master Bedroom	16.50	12.00	Second
Family Room	35.00	12.40	Main
Dining Room	15.40	12.90	Main
Laundry
Sauna

Documents

Floorplan ›

Elevation Cert ›

Survey ›

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

Last Updated: January - 13 - 2026

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