488 Island Drive, Palm Beach, FL 33480
$21,000,000
Property Type:
Residential
Bedrooms:
5
Baths:
7
Square Footage:
9,494
Status:
Closed
Current Price:
$21,000,000
List Date:
2/14/2018
Last Modified:
1/15/2026
Description
Brand new, furnished Everglades Island point estate. Gorgeous British Colonial with commanding lake views from three sides. Built by Malasky Homes, this estate features 5BR/6.1BA plus library, 1BR/1BA guest apartment, fireplaces, wine cellar, and elevator. Master wing features sitting room, dual baths and closets, and three balconies. Beautiful backyard with pool, spa, and loggia surrounded by the Intracoastal.
More Information MLS# R10405821
Contract Information
Comp Sale YN: No
Listing Contract Date: 2018-02-14
Status: Closed
Original List Price: 27900000
Sold Price: $21,000,000
Current Price: $21,000,000
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
Street Number: 488
Street Name: Island
Street Suffix: Drive
State Or Province: FL
Postal Code: 33480
Subdivision Name: EVERGLADES ISLAND 3
Area: 5003
Parcel Number: 50434327030000251
Zoning: R-B
Directions: Call LO
General Property Information
Living Area Main: 7671
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Furnished: Furnished
Stories Total: 2
Stories: 2
Fireplace YN: Yes
Pool Private YN: Yes
Spa YN: Yes
Property Sub Type: Single Family Residence
Bedrooms Total: 5
Bathrooms Total: 7
Bathrooms Full: 6
Bathrooms Half: 1
Building Area Main: 9494
Building Area Source: Builder
Year Built: 2018
Garage YN: 1
Attached Garage YN: 1
Garage Spaces: 2
Covered Spaces: 2
Waterfront YN: 1
Direction Faces: South
Financial Information
Membership Fee Required YN: No
Tax Annual Amount: 136192
Tax Year: 2017
Tax Legal Description: EVERGLADES ISLAND PLAT 3 LT 25 (LESS W 17.23 FT)
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2018-08-31T17:08:27Z
Major Change Type: Status Change
Status Change Date: 2018-08-31
Under Contract Date: 2018-08-20
Close Date: 2018-08-31
Close Price: 21000000
Amenities
None: 1
Dining Area
Eat-In Kitchen: 1
Family/Dining Combination: 1
Formal Dining: 1
Flooring
Marble: 1
Wood: 1
Other: 1
Parking Features
Attached Garage: 1
Garage: 1
Property Condition
New Construction: 1
Short Sale Details
Short Sale Addendum: No
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Special Information
Sold As-Is: 1
Utilities
Sewer Available: 1
Water Available: 1
View
City: 1
Heating
Central: 1
Water View
Intracoastal: 1
Window Features
Sliding: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Free-Standing Freezer: 1
Microwave: 1
Oven: 1
Refrigerator: 1
Washer: 1
Construction Materials
CBS: 1
Interior Features
Bedroom Layout - Split: 1
Built-in Features: 1
Elevator: 1
Entrance Foyer: 1
French Doors: 1
Kitchen Island: 1
Pantry: 1
Roman Tub: 1
Storage: 1
Walk-In Closet(s): 1
Wet Bar: 1
Laundry Features
Inside: 1
Laundry Closet: 1
Laundry Tub: 1
Levels
Multi/Split: 1
Listing Terms
Cash: 1
Conventional: 1
Pool Features
In Ground: 1
Road Frontage Type
East of US-1: 1
Water Source
Public: 1
Waterfront Features
Intracoastal: 1
Boat and Dock Information
Dock: Yes
Dock Details: Yes
Boat and Dock Features
Electric Available: 1
Private Dock: 1
Water Available: 1
Cooling
Central Air: 1
Showing Requirements
Call Listing Office: 1
Master Bedroom/Bath
2 Master Baths: 1
Bidet: 1
Dual Sinks: 1
Master Bdrm - Sitting: 1
Master Bdrm - Upstairs: 1
Separate Shower: 1
Separate Tub: 1
Pets Allowed YN
Yes: 1
Pool Size Details
Pool Size (WxL): 16x40
Restrictions
Other Restrictions: 1
Storm Protection
Impact Glass: Partial
Tax Information
City/County: 1
Outdoor Living Spaces
Balcony: 1
Patio: 1
Porch: 1
Balcony Details
Balcony - Open: 1
Patio Details
Patio - Covered: 1
Patio - Open: 1
Contingencies
None: 1
Room Types
Bedroom 2: 1
Bedroom 2 Level: First
Bedroom 3: 1
Bedroom 3 Level: Second
Bedroom 4: 1
Bedroom 4 Level: Second
Bedroom 5: 1
Bedroom 5 Level: Second
Den: 1
Den Level: First
Dining Room: 1
Dining Room Level: First
Family Room: 1
Family Room Level: First
Garage Apartment: 1
Great Room: 1
Kitchen: 1
Kitchen Level: First
Laundry: 1
Living Room: 1
Living Room Level: First
Master Bedroom: 1
Master Bedroom Level: Second
Utility Room: 1
Utility Room Level: Second
Price Calculations
Current Price To SqFt: 2737.58
Original List Price To Close Price: 1.32
Originating Details
Originating System Key: 20180214170938725881000000
Originating System ID: M00000170
Property Features
Dining Area: Eat-In Kitchen; Family/Dining Combination; Formal Dining
Flooring: Marble; Wood; Other
Parking Features: Attached Garage; Garage
Property Condition: New Construction
Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Microwave; Oven; Refrigerator; Washer
Boat and Dock Features: Electric Available; Private Dock; Water Available
Construction Materials: CBS
Cooling: Central Air
Heating: Central
Interior Features: Bedroom Layout - Split; Built-in Features; Elevator; Entrance Foyer; French Doors; Kitchen Island; Pantry; Roman Tub; Storage; Walk-In Closet(s); Wet Bar
Laundry Features: Inside; Laundry Closet; Laundry Tub
Levels: Multi/Split
Listing Terms: Cash; Conventional
Pets Allowed YN: Yes
Pool Features: In Ground
Possession: Close Of Escrow
Restrictions: Other Restrictions
Road Frontage Type: East of US-1
Sewer: Public Sewer
Special Information: Sold As-Is
Tax Information: City/County
Utilities: Sewer Available; Water Available
Water Source: Public
Water View: Intracoastal
Waterfront Features: Intracoastal
Window Features: Sliding
Showing Requirements: Call Listing Office
Outdoor Living Spaces: Balcony; Patio; Porch
Balcony Details: Balcony - Open
Patio Details: Patio - Covered; Patio - Open
Contingencies: None
Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Den; Dining Room; Family Room; Garage Apartment; Great Room; Kitchen; Laundry; Living Room; Master Bedroom; Utility Room
Room Information
Living Room
Length: 31.00
Length: 31.00
Width: 21.00
Width: 21.00
Level: First
Dining Room
Length: 25.00
Length: 25.00
Width: 13.00
Width: 13.00
Level: First
Kitchen
Length: 11.00
Length: 11.00
Width: 19.00
Width: 19.00
Level: First
Family Room
Length: 27.00
Length: 27.00
Width: 19.00
Width: 19.00
Level: First
Master Bedroom
Length: 18.00
Length: 18.00
Width: 19.00
Width: 19.00
Level: Second
Bedroom 2
Length: 17.00
Length: 17.00
Width: 14.00
Width: 14.00
Level: First
Bedroom 3
Length: 17.00
Length: 17.00
Width: 14.00
Width: 14.00
Level: Second
Bedroom 4
Length: 17.00
Length: 17.00
Width: 14.00
Width: 14.00
Level: Second
Bedroom 5
Length: 14.00
Length: 14.00
Width: 16.00
Width: 16.00
Level: Second
Den
Length: 17.00
Length: 17.00
Width: 14.00
Width: 14.00
Level: First
Utility Room
Length: 12.00
Length: 12.00
Width: 11.00
Width: 11.00
Level: Second
Great Room
Garage Apartment
Laundry
Listing Office:
Christian Angle Real Estate
Last Updated: January - 15 - 2026
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