1 year on rocket

1050 N Lake Way, Palm Beach, FL, 33480

$31,500,000

5 Bedrooms
5 Full Baths, 1 Partial
6,347 SqFt
$4,963/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
Parking2+ Spaces, Driveway, Garage - Attached
Attached Garage2 spaces
Year Built1963
HeatingCentral
CoolingCentral Air
WaterfrontIntracoastal, Lake Front
ViewIntracoastal, Lake
Private PoolYes
MLS #RX-10867840
StatusActive

About 1050 N Lake Way

Stunning, contemporary regency with dramatic views of the Intracoastal waterway and the motor yachts at Rybovich Marina. Excellent open floor plan perfect for indoor and outdoor entertaining. Features gracious living room, formal dining room, sunny and bright interior loggia. Family room with entertaining bar and office with beautiful views of the lake. Elevator leads to expansive second floor primary suite with sprawling, oversized terrace and dual baths. Additional highlights include chef's kitchen, staff bedrooms, and 2-car garage. Beautiful outdoor spaces with pool, Intracoastal dock, and access to the lake trail.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1963
  • Stories: 2
  • Living Area: 6,347 SqFt

Listing Office:

  • Office Name: Christian Angle Real Estate
  • Office Phone: (561) 659-6551
  • Listing Agent: Christian J. Angle

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Gas Range, Refrigerator, Washer
  • Flooring Type: Wood Floor
  • Interior: Bar, Built-in Shelves, Elevator, Foyer, Pantry, Walk-in Closet, Wet Bar

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Intracoastal, Lake Front
  • View: Intracoastal, Lake
  • Exterior: Open Balcony, Open Patio

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: 2+ Spaces, Driveway, Garage - Attached

Virtual/3D Tour

  • Virtual Tour: 1050 N Lake Way
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $31,500,000
  • Price Per SqFt: $4,963/SqFt

Tax Information:

  • Annual Amount: $85,068
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Palm Beach, FL.

Med. Sold Price

$1.2M

Med. Price/SqFt

$795

Avg. Days On Market

116

# of Sold Homes

12

1050 N Lake Way vs Palm Beach

639 DAYS ON ROCKET

+523 Days

$31,500,000

+$30.2M More

$4,963/SqFt

+$4.1K More

KEY TAKEAWAY

This property is $30.2M more than the Median Sold Price and $4.1K/SqFt more than other homes in Palm Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10867840

Listing Office:

  • Office Name: Christian Angle Real Estate
  • Office Phone: (561) 659-6551
  • Listing Agent: Christian J. Angle

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 2:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$85,068$5,111,310
2019$84,909$4,996,393
2018$80,680$4,903,232
2017$80,723$4,802,382

History based on county public records data.

Payment Calculator

$157.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$94.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-496889
6
/10
  • Northboro Elementary School

  • 400 40th St

  • 0.72 miles

  • Public Magnet Grades PK-5

school-card-donut-496890
4
/10
  • Northmore Elementary School

  • 4111 N Terrace Dr

  • 1.35 miles

  • Public District Grades PK-5

school-card-donut-496891
5
/10
  • Pleasant City Elementary School

  • 2222 Spruce Ave

  • 1.47 miles

  • Public District Grades EE-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $216,931. Most Palm Beach, FL residents have annual incomes $200k+. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1050 N Lake Way

What is the listing price of this property?

The listing price of 1050 N Lake Way property is $31,500,000.

What type of property is this?

The property 1050 N Lake Way is a house located in Palm Beach, Florida, 33480.

Is this property for sale now?

Active Listing: 1050 N Lake Way is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $85,068 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1050 N Lake Way has 5 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 1050 N Lake Way is 6,347 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1050 N Lake Way is 1963.
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Rocket Homes›Florida›Palm Beach County›Palm Beach›33480›1050 N Lake Way

This home is located at 1050 N Lake Way in Palm Beach, FL and zip code 33480 in the North End neighborhood. This 6,347 square foot home was built in 1963. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since February 21, 2023 and is currently priced at $31,500,000.

Palm Beach, FL housing market in October 2024 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 12 sold below. The inventory of homes for sale in Palm Beach, FL between September 2024 and October 2024 increased by 19.1%. In October 2024, listings were on the market for 116 days. During the same period, the median list price in this real estate market was $1,275,000.

From Rocket Homes Real Estate and based on county public records data.

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