940 N Lake Way, Palm Beach, FL 33480
$50,000,000
Property Type:
Residential
Bedrooms:
5
Baths:
7
Square Footage:
8,503
Status:
Closed
Current Price:
$50,000,000
List Date:
4/12/2023
Last Modified:
1/10/2026
Description
Magnificent Lake Front Regency situated on high elevation with amazing panoramic views!! Deep water concrete dock which can accommodate up to a 130' yacht and includes a 40k lb lift and a 15k lb lift for smaller boats. Private deeded beach access! Spacious floor plan features high ceilings, 5 bedrooms, 6.5 baths, 2 kitchens, 2 offices, media room, billiards room, 4 bars, several water features inside and outside, Gas fireplace, oversized travertine pool terrace and covered loggias perfect for entertaining!!
More Information MLS# R10881164
Contract Information
Comp Sale YN: No
Listing Contract Date: 2023-04-12
Status: Closed
Original List Price: 55000000
Sold Price: $50,000,000
Current Price: $50,000,000
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
Country: United States
Street Number: 940
Street Direction Prefix: N
Street Name: Lake
Street Suffix: Way
State Or Province: FL
Postal Code: 33480
Subdivision Name: Palm Beach
Area: 5001
Parcel Number: 50434310000010052
Zoning: Residential
Directions: Over to Palm Beach via north bridge, left on Bradley Place - follow along to N Lake Way- property on your left
General Property Information
Living Area Main: 7448
Lot Size Dimensions: 128 x 289
Gated Community YN: No
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Furnished: Unfurnished
Stories Total: 1
Stories: 1
Fireplace YN: Yes
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: 8503
Building Area Source: Public Records
Year Built: 1974
Garage YN: 1
Attached Garage YN: 1
Garage Spaces: 2
Covered Spaces: 2
Waterfront YN: 1
Direction Faces: East
Financial Information
Association Deposit YN: No
Membership Fee Required YN: No
Tax Annual Amount: 147303
Tax Year: 2022
Tax Legal Description: 10-43-43, S 128.5 FT OF N 358.5 FT OF SUB B GOV LT 1 LYG W OF LAKE WAY
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2023-07-28T17:15:14Z
Major Change Type: Status Change
Status Change Date: 2023-07-28
Under Contract Date: 2023-04-17
Close Date: 2023-07-28
Close Price: 50000000
Amenities
None: 1
Dining Area
Breakfast Area: 1
Eat-In Kitchen: 1
Formal Dining: 1
Electric
Three Phase: 1
Flooring
Marble: 1
Wood: 1
Other: 1
Parking Features
Garage Door Opener: 1
Attached Garage: 1
Garage: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Fencing
Fenced: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Special Information
Sold As-Is: 1
Utilities
Cable Available: 1
Sewer Available: 1
Water Available: 1
View
City: 1
Garden: 1
Pool: 1
Heating
Central: 1
Zoned: 1
Sprinkler Description
Auto Sprinkler: 1
Water Access
No Fixed Bridge: 1
Ocean Access: 1
Water View
Lake: 1
Window Features
Sliding: 1
Appliances
Dishwasher: 1
Dryer: 1
Free-Standing Freezer: 1
Gas Range: 1
Ice Maker: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Construction Materials
CBS: 1
Interior Features
Bar: 1
Central Vacuum: 1
Entrance Foyer: 1
Wet Bar: 1
Levels
Multi/Split: 1
Listing Terms
Cash: 1
Pool Features
In Ground: 1
Road Frontage Type
East of US-1: 1
Roof
Tar/Gravel: 1
Security Features
Security System Owned: 1
Waterfront Features
Intracoastal: 1
Navigable Water: 1
No Fixed Bridges: 1
Boat and Dock Information
Dock: Yes
Boat Max Length: 101
Boat Dock Accommodates: Over 101 Ft Boat
Boat and Dock Features
Electric Available: 1
Hoist/Davit: 1
Lift: 1
Private Dock: 1
Cooling
Central Air: 1
Zoned: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Main Level Rooms
Main Level Bathrooms: 6
Main Level Bedrooms: 5
Master Bedroom/Bath
2 Master Baths: 1
Separate Shower: 1
Separate Tub: 1
Pets Allowed YN
Yes: 1
Restrictions
No Restrictions: 1
Storm Protection
Impact Glass: Partial
Panel Shutters: Partial
Storm Protection Details
Storm Shutters: 1
Tax Information
City/County: 1
Showing Details
Pet(s) on Premises: No
Outdoor Living Spaces
Patio: 1
Patio Details
Patio - Open: 1
Contingencies
Inspection: 1
Room Types
Den: 1
Family Room: 1
Garage Apartment: 1
Kitchen: 1
Kitchen Level: Main
Living Room: 1
Living Room Level: Main
Master Bedroom: 1
Master Bedroom Level: Main
Media Room: 1
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
Price Calculations
Current Price To SqFt: 6713.21
Original List Price To Close Price: 1.1
Acreage Description
1/2 To Less Than 1 Acre Lot: 1
Originating Details
Originating System Key: 20230412191750299970000000
Originating System ID: M00000170
Property Features
Dining Area: Breakfast Area; Eat-In Kitchen; Formal Dining
Electric: Three Phase
Flooring: Marble; Wood; Other
Parking Features: Garage Door Opener; Attached Garage; Garage
Property Condition: Resale
Appliances: Dishwasher; Dryer; Free-Standing Freezer; Gas Range; Ice Maker; Microwave; Refrigerator; Washer
Boat and Dock Features: Electric Available; Hoist/Davit; Lift; Private Dock
Construction Materials: CBS
Cooling: Central Air; Zoned
Fencing: Fenced
Heating: Central; Zoned
Interior Features: Bar; Central Vacuum; Entrance Foyer; Wet Bar
Levels: Multi/Split
Listing Terms: Cash
Pets Allowed YN: Yes
Pool Features: In Ground
Possession: Close Of Escrow
Restrictions: No Restrictions
Road Frontage Type: East of US-1
Roof: Tar/Gravel
Security Features: Security System Owned
Sewer: Public Sewer
Special Information: Sold As-Is
Sprinkler Description: Auto Sprinkler
Storm Protection Details: Storm Shutters
Tax Information: City/County
Utilities: Cable Available; Sewer Available; Water Available
View: Garden; Pool
Water Access: No Fixed Bridge; Ocean Access
Water View: Lake
Waterfront Features: Intracoastal; Navigable Water; No Fixed Bridges
Window Features: Sliding
Showing Requirements: Appointment Only; Call Listing Agent
Outdoor Living Spaces: Patio
Patio Details: Patio - Open
Contingencies: Inspection
Room Types: Den; Family Room; Garage Apartment; Kitchen; Living Room; Master Bedroom; Media Room
Acreage Description: 1/2 To Less Than 1 Acre Lot
Room Information
Living Room
Length: 18.00
Length: 18.00
Width: 30.00
Width: 30.00
Level: Main
Kitchen
Length: 20.00
Length: 20.00
Width: 20.00
Width: 20.00
Level: Main
Master Bedroom
Length: 18.00
Length: 18.00
Width: 20.00
Width: 20.00
Level: Main
Family Room
Garage Apartment
Media Room
Listing Office:
The Corcoran Group
Last Updated: January - 10 - 2026
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