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510 N Lake Way, Palm Beach, FL 33480
$16,995,000
Property Type:
Residential
Bedrooms:
5
Baths:
7
Square Footage:
6,922
Lot Size (sq. ft.):
16,988
Status:
Active
Current Price:
$16,995,000
List Date:
12/10/2024
Last Modified:
2/23/2026
Description
This British Colonial residence offers 6,922± total square feet with five bedrooms and six and a half bathrooms. Set on a 100' x 172' lot at the corner of Tangier Avenue and North Lake Way, the property features a large pool, covered loggia, and beautifully maintained grounds.
The spacious foyer opens to the formal living room and a central gallery hall that connects the main living areas. The family room, located on the south side, opens through French doors to the covered loggia and pool. On the north side, the gallery leads to the formal dining room, library, and kitchen with adjoining dining area—an ideal layout for both everyday living and entertaining.
Two guest bedrooms are located on the first floor, each with en suite baths and walk-in closets—one currently serving as a
Supplements: library. Additional first-floor features include a powder room, laundry room, and a two-car garage with separate service drive. Upstairs, the primary suite offers exceptional space and privacy with four walk-in closets, separate his-and-her bathrooms, and ample storage. Two additional guest bedrooms on this level each include en suite baths and walk-in closets. Ideally situated on Palm Beach's North End, the residence is just moments from the Lake Trail, beaches, restaurants, and world-class shopping.
More Information MLS# R11043720
Contract Information
Comp Sale YN: No
Listing Contract Date: 2024-12-06
Status: Active
Original List Price: 21500000
List Price: $16,995,000
Current Price: $16,995,000
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: 510
Street Direction Prefix: N
Street Name: Lake
Street Suffix: Way
State Or Province: FL
Postal Code: 33480
Subdivision Name: TANGIER EST
Area: 5001
Parcel Number: 50434314010000290
Zoning: R-B(ci
General Property Information
Living Area Main: 6239
Lot Size Dimensions: 100.0 ft x 172.0 ft
Gated Community YN: No
Lot Size Area: 17200
Senior Community YN: No
Furnished: Unfurnished
Stories Total: 2
Stories: 2
Pool Private YN: Yes
Property Sub Type: Single Family Residence
Bedrooms Total: 5
Bathrooms Total: 7
Bathrooms Full: 6
Bathrooms Half: 1
Building Area Main: 6922
Building Area Source: Public Records
Year Built: 1995
Garage YN: 1
Attached Garage YN: 1
Garage Spaces: 2
Covered Spaces: 2
Lot Size Acres: 0.39
Direction Faces: East
Financial Information
Association Deposit YN: No
Membership Fee Required YN: No
Tax Annual Amount: 102388
Tax Year: 2024
Tax Legal Description: TANGIER ESTATES LT 29
Office/Member Information
DXORIGMLSID: RML
Amenities
Trail(s): 1
Dining Area
Family/Dining Combination: 1
Electric
Three Phase: 1
Flooring
Marble: 1
Other: 1
Parking Features
Circular Driveway: 1
Attached Garage: 1
Garage: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Possession
Close Of Escrow: 1
Utilities
Cable Available: 1
Heating
Central: 1
Water Access
None: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Electric Range: 1
Free-Standing Freezer: 1
Ice Maker: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Construction Materials
CBS: 1
Interior Features
Bar: 1
Entrance Foyer: 1
Kitchen Island: 1
Listing Terms
Cash: 1
Conventional: 1
Security Features
Fire Alarm: 1
Fire Sprinkler System: 1
Security System Owned: 1
Smoke Detector(s): 1
Cooling
Central Air: 1
Showing Requirements
Call Listing Agent: 1
Text Listing Agent: 1
Main Level Rooms
Main Level Bathrooms: 2
Main Level Bedrooms: 1
Master Bedroom/Bath
2 Master Baths: 1
Master Bdrm - Upstairs: 1
Spa Tub & Shower: 1
Pets Allowed YN
Yes: 1
Pets Allowed
No Restrictions: 1
Restrictions
No Restrictions: 1
Storm Protection
Impact Glass: Complete
Tax Information
City/County: 1
Showing Details
Pet(s) on Premises: No
Room Types
Den: 1
Great Room: 1
Kitchen: 1
Kitchen Level: Main
Living Room: 1
Living Room Level: Main
Master Bedroom: 1
Master Bedroom Level: Main
Price Calculations
Current Price To SqFt: 2723.99
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-02-23T20:06:08Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-02-23T20:06:08Z
Status Change Date: 2024-12-10
Originating Details
Originating System Key: 20241210154607350528000000
Originating System ID: M00000170
Property Features
Dining Area: Family/Dining Combination
Electric: Three Phase
Flooring: Marble; Other
Parking Features: Circular Driveway; Attached Garage; Garage
Property Condition: Resale
Appliances: Dishwasher; Disposal; Dryer; Electric Range; Free-Standing Freezer; Ice Maker; Microwave; Refrigerator; Washer
Construction Materials: CBS
Cooling: Central Air
Heating: Central
Interior Features: Bar; Entrance Foyer; Kitchen Island
Listing Terms: Cash; Conventional
Pets Allowed YN: Yes
Pets Allowed: No Restrictions
Possession: Close Of Escrow
Restrictions: No Restrictions
Security Features: Fire Alarm; Fire Sprinkler System; Security System Owned; Smoke Detector(s)
Tax Information: City/County
Utilities: Cable Available
Water Access: None
Showing Requirements: Call Listing Agent; Text Listing Agent
Room Types: Den; Great Room; Kitchen; Living Room; Master Bedroom
Acreage Description: 1/4 To Less Than 1/2 Acre Lot
Room Information
Living Room
Length: 1.00
Length: 1.00
Width: 1.00
Width: 1.00
Level: Main
Kitchen
Length: 1.00
Length: 1.00
Width: 1.00
Width: 1.00
Level: Main
Master Bedroom
Length: 1.00
Length: 1.00
Width: 1.00
Width: 1.00
Level: Main
Great Room
Listing Office:
Sotheby's Intl. Realty, Inc.
Last Updated: February - 23 - 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.