745 N Lake Way, Palm Beach, FL 33480 (MLS# R10714838)

745 N Lake Way, Palm Beach, FL 33480

$8,995,000

Virtual Tour

https://my.matterport.com/show/?m=aMmXkLTSWcH&brand=0

Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 4,330 Status: Closed

Current Price: $8,995,000 List Date: 5/10/2021 Last Modified: 3/13/2026

Overview

Description

This elegantly designed 5 Bedroom, 4 1/2 Bathroom (including Powder Room) home boasts soaring ceilings,a first floor Master Suite, gourmet Kitchen with state of the art appliances, perfect for any chef, and custom cabinetry and closets throughout the home. A lovely landscaped Pool, 13 x 36, is reached by French doors from every room along the back of the home. The property features hurricane impact windows and doors. A two car air conditioned garage, also with hurricane impact door, and custom cabinetry, was pristinely updated for the car enthusiast. This home has a prime location, on one of Palm Beaches most coveted streets, within walking distance of the ocean, the Lake Trail, The Beach Club, and the Palm Beach Country Club. Furniture negotiable.

Supplements: Beautiful, mature landscaping was recently enhanced by additional plantings and a stepping stone walkway around the perimeter. In addition, this home is in perfect condition, turnkey, and ready for immediate occupancy.

Listing Details MLS# R10714838

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 5
Bathrooms Total: 5
Bathrooms Full: 4
Bathrooms Half: Yes
Building Area Main: 4330
Building Area Source: Public Records
Living Area Main: 3802
Year Built: 1992
Garage YN: Yes
Attached Garage YN: Yes
Garage Spaces: 2
Covered Spaces: 2
Gated Community YN: No
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: 2
Stories: 2
Direction Faces: West
Pool Private YN: Yes
Furnished: Negotiable

Property Features

Dining Area: Eat-In Kitchen; Formal Dining Electric: Three Phase Exterior Features: Custom Lighting Flooring: Marble; Wood Parking Features: Garage Door Opener; Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Free-Standing Freezer; Ice Maker; Microwave; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Water Softener Details: Water Softener Owned Architectural Style: Traditional Construction Materials: CBS Cooling: Central Air; Zoned Heating: Central; Zoned Interior Features: Entrance Foyer; French Doors; Walk-In Closet(s) Laundry Features: Inside; Washer Hookup Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pool Features: Heated Possession: Close Of Escrow Restrictions: No Restrictions Road Frontage Type: East of US-1 Roof: Concrete; Tile Security Features: Fire Alarm; Security System Leased; Smoke Detector(s) Sewer: Public Sewer Sprinkler Description: Auto Sprinkler Storm Protection Details: Storm Shutters Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available Water Access: None Water Source: Public Showing Requirements: 24 Hour Notice; Call Listing Agent; Listing Agent Must Accompany; Text Listing Agent Outdoor Living Spaces: Patio Patio Details: Patio - Open Contingencies: None Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Dining Room; Family Room; Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN: No
Listing Contract Date: 2021-05-10
Original List Price: 10499000

Location and Legal

County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 745
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: MARK RAFALSKY
Area: 5001
Geographic Area: PB30
Special Assessment YN: No
Parcel Number: 50434310040000630
Zoning: R-B - Low Densi
Directions: North bridge to Bradley Place (N Lake Way). Drive north to home on the corner of N Lake Way and Fairview Road.

Financial Information

Association Deposit YN: No
Membership Fee Required YN: No
Tax Annual Amount: 53832
Tax Year: 2020
Tax Legal Description: MARK RAFALSKY TR LTS 63 & 64

Status Change Information

Major Change Timestamp: 2022-03-16T20:46:27Z
Major Change Type: Status Change
Price Change Timestamp: 2021-10-11T17:37:56Z
Status Change Date: 2022-03-16
Under Contract Date: 2022-01-19
Close Date: 2022-03-16
Close Price: 8995000
Buyer Financing: Cash

More Information

Short Sale Details

Short Sale Addendum: No

Main Level Rooms

Main Level Bathrooms: Yes
Main Level Bedrooms: Yes

Storm Protection

Impact Glass: Complete

Showing Details

Pet(s) on Premises: Yes

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Room Types

Kitchen Level: Main
Living Room Level: Main
Master Bedroom Level: Main
Bedroom 2: Yes
Bedroom 3: Yes
Bedroom 4: Yes
Bedroom 5: Yes
Dining Room: Yes
Family Room: Yes
Kitchen: Yes
Laundry: Yes
Living Room: Yes
Master Bedroom: Yes

Price Calculations

Current Price To SqFt: 2365.86
Original List Price To Close Price: 1.16

Originating Details

Originating System Key: 20210425161542510736000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Amenities

None: Yes

Dining Area

Eat-In Kitchen: Yes
Formal Dining: Yes

Electric

Three Phase: Yes

Exterior Features

Custom Lighting: Yes

Flooring

Marble: Yes
Wood: Yes

Parking Features

Garage Door Opener: Yes
Attached Garage: Yes
Garage: Yes

Property Condition

Resale: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Sewer Available: Yes
Water Available: Yes

Heating

Central: Yes
Zoned: Yes

Sprinkler Description

Auto Sprinkler: Yes

Water Access

None: Yes

Appliances

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

Construction Materials

CBS: Yes

Interior Features

Entrance Foyer: Yes
French Doors: Yes
Walk-In Closet(s): Yes

Laundry Features

Inside: Yes
Washer Hookup: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Pool Features

Heated: Yes

Road Frontage Type

East of US-1: Yes

Roof

Concrete: Yes
Tile: Yes

Security Features

Fire Alarm: Yes
Security System Leased: Yes
Smoke Detector(s): Yes

Water Source

Public: Yes

Water Heater Details

Electric Water Heater: Yes

Water Softener Details

Water Softener Owned: Yes

Architectural Style

Traditional: Yes

Cooling

Central Air: Yes
Zoned: Yes

Showing Requirements

24 Hour Notice: Yes
Call Listing Agent: Yes
Listing Agent Must Accompany: Yes
Text Listing Agent: Yes

Master Bedroom/Bath

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

Pets Allowed YN

Yes: Yes

Restrictions

No Restrictions: Yes

Storm Protection Details

Storm Shutters: Yes

Tax Information

City/County: Yes

Outdoor Living Spaces

Patio: Yes

Patio Details

Patio - Open: Yes

Contingencies

None: Yes

Acreage Description

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

Room Information

Living Room Length: 26.00 Length: 26.00 Width: 16.00 Width: 16.00 Level: Main Kitchen Length: 26.00 Length: 26.00 Width: 12.00 Width: 12.00 Level: Main Master Bedroom Length: 16.00 Length: 16.00 Width: 15.00 Width: 15.00 Level: Main Dining Room Length: 15.00 Length: 15.00 Width: 12.00 Width: 12.00 Bedroom 2 Length: 16.00 Length: 16.00 Width: 12.00 Width: 12.00 Bedroom 3 Length: 16.00 Length: 16.00 Width: 13.00 Width: 13.00 Bedroom 4 Length: 16.00 Length: 16.00 Width: 13.00 Width: 13.00 Bedroom 5 Length: 10.00 Length: 10.00 Width: 10.00 Width: 10.00 Family Room Length: 26.00 Length: 26.00 Width: 16.00 Width: 16.00 Laundry

Listing Office: Douglas Elliman

Last Updated: March - 13 - 2026

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