new - 7 days on rocket

1260 N Lake Way, Palm Beach, FL, 33480

$64,500,000

5 Bedrooms
7 Full Baths, 1 Partial
7,016 SqFt
$9,193/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
Parking2+ Spaces, Drive - Decorative, Driveway, Garage - Attached
Attached Garage2 spaces
Year BuiltNew Const., 2024
HeatingCentral, Zoned
CoolingCeiling Fan(s), Central Air, Zoned
WaterfrontIntracoastal, Navigable Water, Ocean Access, Seawall
FireplaceFireplace(s)
ViewIntracoastal, Pool
Private PoolYes
MLS #RX-11034933
StatusActive

About 1260 N Lake Way

Completed new construction direct Intracoastal estate residence with concrete dockage. Stunning Art Deco styled residence with several ''flex'' rooms featuring walk-in closets and full baths allowing as many as 6 bedrooms/baths. Heavily landscaped grounds with multiple outdoor entertainment areas - courtyards and fountains. Motor court. HVAC oversized garage. Dramatic pool area - complete privacy from bike path. Steps to Palmo - Town Park and fantastic beach. Huge second story patios invite the best of indoor/outdoor living. Dream kitchen, dining seats 12-14 and dramatic visible wine storage. High elevation. Turn-key staged. Furniture available in whole or part, separately from stager.

Property Details

Property Features

Property Information:

  • Architectural Style: < 4 Floors, Art Deco
  • Year Built: 2024
  • Stories: 2
  • Living Area: 7,016 SqFt

Listing Office:

  • Office Name: The Corcoran Group
  • Office Phone: (561) 655-9081
  • Listing Agent: William D Yahn

Interior Features

Interior Information:

  • Appliances: Automatic Garage Door Opener, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Intercom, Microwave, Gas Range, Refrigerator, Washer
  • Flooring Type: Marble, Wood Floor
  • Interior: Bar, Elevator, Entry Lvl Lvng Area, Fireplace(s), Foyer, Kitchen Island, Pantry, Split Bedroom, Walk-in Closet
  • Fireplace: Fireplace(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 7
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Intracoastal, Navigable Water, Ocean Access, Seawall
  • View: Intracoastal, Pool
  • Exterior: Auto Sprinkler, Covered Patio, Custom Lighting, Open Balcony, Open Patio

Parking Information:

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

Virtual/3D Tour

  • Virtual Tour: 1260 N Lake Way
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central, Zoned
  • Cooling: Ceiling Fan(s), Central Air, Zoned

Other

Directions Information:

  • Directions: Over to Palm Beach via North Bridge, left on Bradley Place -follow along to N Lake Way, property on Intracoastal

Price Information

Listing Price Info

Price Summary:

  • List Price: $64,500,000
  • Price Per SqFt: $9,193/SqFt

Tax Information:

  • Annual Amount: $82,376
  • 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

1260 N Lake Way vs Palm Beach

7 DAYS ON ROCKET

-109 Days

$64,500,000

+$63.2M More

$9,193/SqFt

+$8.3K More

KEY TAKEAWAY

This property is $63.2M more than the Median Sold Price and $8.3K/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-11034933

Listing Office:

  • Office Name: The Corcoran Group
  • Office Phone: (561) 655-9081
  • Listing Agent: William D Yahn

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: 11/14/2024, 11:20:49 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

Apr 21, 2021Home Sold
$17,750,000
Jun 15, 1999Home Sold
$3,400,000

Tax History

YEARPROP. TAXASSESSMENT
2020$82,376$4,948,118
2019$82,222$4,836,870
2018$78,129$4,746,683
2017$78,169$4,649,053

History based on county public records data.

Payment Calculator

$321.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$193.4K

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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-292802
6
/10
  • Northboro Elementary School

  • 400 40th St

  • 1.00 miles

  • Public Magnet Grades PK-5

school-card-donut-292803
4
/10
  • Northmore Elementary School

  • 4111 N Terrace Dr

  • 1.49 miles

  • Public District Grades PK-5

school-card-donut-292804
3
/10
  • West Riviera Elementary School

  • 1057 W 6th St

  • 1.87 miles

  • Public District Grades EE-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $148,936. Residents of Palm Beach, FL typically earn between $100k-200k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1260 N Lake Way

What is the listing price of this property?

The listing price of 1260 N Lake Way property is $64,500,000.

What type of property is this?

The property 1260 N Lake Way is a house located in Palm Beach, Florida, 33480.

Is this property for sale now?

Active Listing: 1260 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 $82,376 (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 21, 2021 for $17,750,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1260 N Lake Way has 5 bedrooms and 7 full and 1 half bathrooms.

What is the square footage of this property?

The property 1260 N Lake Way is 7,016 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1260 N Lake Way is 2024.
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Rocket Homes›Florida›Palm Beach County›Palm Beach›33480›1260 N Lake Way

This home is located at 1260 N Lake Way in Palm Beach, FL and zip code 33480 in the North End neighborhood. This 7,016 square foot home was built in 2024. Features: 5 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since November 07, 2024 and is currently priced at $64,500,000.

In October 2024 more than 0 listings in Palm Beach, FL were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 12 were sold below. The number of listings in Palm Beach, FL increased by 19.1% between September 2024 and October 2024. In October 2024 median list price was $1,275,000 and the average listing age was 116 days.

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

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