A beautifully renovated, masterful landmark of Modernist architecture, the Boat House combines the very best elements of life in Palm Beach - the perfect spot on the lakefront with dock and boat-lift, deeded ocean access at the Mockingbird neighborhood beach cabana, and an incredibly elegant, exquisitely renovated, move-in ready home. This nautically themed Art Moderne home faces prow-forward toward dramatic sunsets, its rooftop deck overlooking the pool, dock and sparkling Intracoastal. Sea-going touches include seamed hardwood floors, porthole windows and white-piped terrace railings. The house received a full renovation a few years ago and the current owners then made meaningful improvements of their own.
Property Details
Property Features
Property Information:
Architectural Style: Art Deco, Contemporary
Year Built: 1940
Stories: 2
Living Area: 3,202 SqFt
Listing Office:
Office Name: Sotheby's Intl. Realty, Inc.
Office Phone: (561) 659-3555
Listing Agent: Lisa Cregan
Interior Features
Interior Information:
Appliances: Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Water Purifier, Gas Range, Refrigerator, Washer, Electric Water Heater
Flooring Type: Terrazzo Floor, Wood Floor
Interior: Elevator, Entry Lvl Lvng Area, Fireplace(s), Foyer, Kitchen Island, Pantry, Upstairs Living Area, Walk-in Closet
This property is $23.6M more than the Median Sold Price and $6.9K/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-10996763
Listing Office:
Office Name: Sotheby's Intl. Realty, Inc.
Office Phone: (561) 659-3555
Listing Agent: Lisa Cregan
All 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: 11/17/2024, 7:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Apr 19, 2021
Apr 19, 2021Home Sold
$14,300,000
Aug 10, 2017
Aug 10, 2017Home Sold
$5,900,000
Jul 24, 2001
Jul 24, 2001Home Sold
$6,500,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$76,851
$4,588,777
2019
$103,510
$6,075,987
2018
$94,194
$5,707,846
2017
$92,529
$5,128,644
History based on county public records data.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Northboro Elementary School
400 40th St
Distance between this listing and this school0.93 miles
Public Magnet Grades PK-5
4
/10
Northmore Elementary School
4111 N Terrace Dr
Distance between this listing and this school1.45 miles
Public District Grades PK-5
5
/10
Pleasant City Elementary School
2222 Spruce Ave
Distance between this listing and this school1.83 miles
Public District Grades EE-5
Nearby Schools
4
/10
Roosevelt Community Middle School
1900 N Australian Ave
Distance between this listing and this school2.37 miles
Public Magnet Grades 6-8
2
/10
University Preparatory Academy Palm Beach
2101 N Australian Ave
Distance between this listing and this school2.42 miles
Public Charter Grades KG-8
10
/10
Bak Middle School of the Arts
1725 Echo Lake Dr
Distance between this listing and this school2.76 miles
Public Magnet Grades 6-8
Nearby Schools
2
/10
Alternative Program Central
1041 45th St
Distance between this listing and this school1.63 miles
Public District Grades 4-12
6
/10
Inlet Grove Community High School
600 W 28th St
Distance between this listing and this school2.49 miles
Public Charter Grades 9-12
9
/10
Suncoast Community High School
1717 Avenue S
Distance between this listing and this school2.89 miles
The neighbors living near this home have an average income of $148,936. The majority of Palm Beach, FL residents have income between $100k-200k annually. Residents typically live in single, 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 1221 N Lake Way
What is the listing price of this property?
The listing price of 1221 N Lake Way property is $24,950,000.
What type of property is this?
The property 1221 N Lake Way is a house located in Palm Beach, Florida, 33480.
Is this property for sale now?
Active Listing: 1221 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 $76,851 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on April 19, 2021 for $14,300,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1221 N Lake Way has 5 bedrooms and 5 full and 1 half bathrooms.
What is the square footage of this property?
The property 1221 N Lake Way is 3,202 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1221 N Lake Way is 1940.
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This home is located at 1221 N Lake Way in Palm Beach, FL and zip code 33480 in the North End neighborhood. This 3,202 square foot home was built in 1940. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since June 17, 2024 and is currently priced at $24,950,000.
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. Between September 2024 and October 2024, Palm Beach, FL real estate market has seen increase in the number of listings by 19.1%. Listings spent 116 days on the market in October 2024, and had a median list price of $1,275,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc. 
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