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

1221 N Lake Way, Palm Beach, FL 33480

$19,200,000
Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 5,636 Lot Size (sq. ft.): 14,810 Status: Closed
Current Price: $19,200,000 List Date: 6/17/2024 Last Modified: 1/13/2026

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 neighborhood beach cabanas and direct lake trail access. (video available)

More Information MLS# R10996763

Contract Information

Comp Sale YN: No Listing Contract Date: 2024-06-16 Status: Closed Original List Price: 24950000 Sold Price: $19,200,000 Current Price: $19,200,000

Location and Legal

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

General Property Information

Living Area Main: 3202 Gated Community YN: No Lot Size Area: 14662 Senior Community YN: No Outdoor Living Spaces YN: Yes Furnished: Unfurnished Stories Total: 2 Stories: 2 Fireplace YN: Yes Pool Private YN: Yes Property Sub Type: Single Family Residence Bedrooms Total: 5 Bathrooms Total: 6 Bathrooms Full: 5 Bathrooms Half: 1 Building Area Main: 5636 Building Area Source: Builder Year Built: 1940 Garage YN: 1 Attached Garage YN: 1 Garage Spaces: 2 Covered Spaces: 2 Lot Size Acres: 0.34 Frontage Length: 65 Waterfront YN: 1 Direction Faces: East

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

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Conventional 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

Application Fee Details

Application Fee: 0

Amenities

Beach Access: 1 Private Beach Pavilion: 1

Dining Area

Breakfast Area: 1 Family/Dining Combination: 1

Electric

Three Phase: 1

Entry Information

Entry Location: Entry Level Living Area Y

Flooring

Terrazzo: 1 Wood: 1

Parking Features

Attached Garage: 1 Garage: 1

Property Condition

Resale: 1

Short Sale Details

Short Sale Addendum: No

Possession

Close Of Escrow: 1

Sewer

Public Sewer: 1

Utilities

Natural Gas Available: 1 Sewer Available: 1 Water Available: 1

View

Pool: 1

Heating

Central: 1

Water Access

No Fixed Bridge: 1 Ocean Access: 1

Water View

Intracoastal: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Free-Standing Freezer: 1 Gas Range: 1 Ice Maker: 1 Microwave: 1 Refrigerator: 1 Washer: 1 Water Heater: 1 Water Purifier: 1

Construction Materials

CBS: 1

Interior Features

Elevator: 1 Entrance Foyer: 1 Kitchen Island: 1 Pantry: 1 Upstairs Living Area: 1 Walk-In Closet(s): 1

Laundry Features

Inside: 1 Laundry Closet: 1

Listing Terms

Cash: 1 Conventional: 1

Pool Features

Heated: 1 In Ground: 1

Roof

Tar/Gravel: 1

Security Features

Security System: 1 Security System Owned: 1

Water Source

Public: 1

Waterfront Features

Intracoastal: 1 Navigable Water: 1 Seawall: 1 No Fixed Bridges: 1

Water Heater Details

Electric Water Heater: 1

Water Purifier Details

Water Purifier Owned: 1

Architectural Style

Art Deco: 1 Colonial: 1

Boat and Dock Information

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

Boat and Dock Features

Electric Available: 1 Lift: 1 Private Dock: 1 Water Available: 1

Cooling

Central Air: 1

Showing Requirements

Appointment Only: 1 Call Listing Agent: 1 Listing Agent Must Accompany: 1 Text Listing Agent: 1 See Remarks: 1

Main Level Rooms

Main Level Bathrooms: 3 Main Level Bedrooms: 3

Master Bedroom/Bath

Master Bdrm - Upstairs: 1 Separate Shower: 1 Separate Tub: 1

Pets Allowed YN

Yes: 1

Pets Allowed

No Restrictions: 1

Pet Details

Pet Fee: 0

Pool Size Details

Pool Size (WxL): 38'

Restrictions

No Restrictions: 1

Storm Protection

Impact Glass: Complete

Tax Information

City/County: 1

Showing Details

Pet(s) on Premises: No

Outdoor Living Spaces

Balcony: 1 Deck: 1 Patio: 1

Balcony Details

Balcony - Covered: 1 Balcony - Open: 1

Patio Details

Patio - Open: 1

Contingencies

None: 1

Room Types

Dining Room: 1 Dining Room Level: Main Family Room: 1 Family Room Level: Main Kitchen: 1 Kitchen Level: Main Laundry: 1 Living Room: 1 Living Room Level: Main Master Bedroom: 1 Master Bedroom Level: Second Sauna: 1

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Price Calculations

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

Acreage Description

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

Originating Details

Originating System Key: 20240617152549760673000000 Originating System ID: M00000170

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

Room Information

Living Room Length: 29.00 Length: 29.00 Width: 17.40 Width: 17.40 Level: Main Kitchen Length: 19.40 Length: 19.40 Width: 13.00 Width: 13.00 Level: Main Master Bedroom Length: 16.50 Length: 16.50 Width: 12.00 Width: 12.00 Level: Second Family Room Length: 35.00 Length: 35.00 Width: 12.40 Width: 12.40 Level: Main Dining Room Length: 15.40 Length: 15.40 Width: 12.90 Width: 12.90 Level: Main Laundry Sauna
Listing Office: Sotheby's Intl. Realty, Inc.
IDX
Last Updated: January - 13 - 2026
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 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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