$23,750,000
1050 N Lake Way
Palm Beach, FL 33480
MLS# R10867840
Status: Closed
5 beds  |  6 baths  |  8564 sqft


Terrace View
  1 / 54  
Terrace View Aerial Living Area 4 Living Area 5 Living Area 6 Living Area 7 Master Bath 2 Master Bath 4 Master Bed 1 Master Bed 2 Pantry 1 Pantry 2 Patio 1 Pool 1 Pool 2 Pool 3 Pool 4 Powder Room 1 Terrace 1 Terrace 2 Upper Den 1 Upper Hallway 1 Aerial 9 Aerial 10 Bar Area 1 Dining 1 Dining 2 Dining 3 Dining 4 Dining 5 Dining 6 Dock 1 Elevator 1 Family Room 1 Family Room 2 Family Room 3 Foyer 1 Foyer 2 Foyer 3 Foyer 4 Foyer 5 Front 1 Front 2 Guest Bath 1 Guest Bath 2 Guest Bath 3 Guest Bed 1 Gym 1 Kitchen 1 Kitchen 2 Kitchen 3 Living Area 1 Living Area 2 Living Area 3

Property Description
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.

Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2023-02-17
Status: Closed
Original List Price: 40500000
Sold Price: $23,750,000
Current Price: $23,750,000
Negotiable Seller Concessions YN: No
Location and Legal
Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 1050
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: CORAL EST
Area: 5001
Geographic Area: PB30
Special Assessment YN: No
Parcel Number: 50434303180000152
Zoning: R-B(ci
General Property Information
Property Sub Type: Single Family Residence
Bedrooms Total: 5
Bathrooms Total: 6
Bathrooms Full: 5
Bathrooms Half: 1
Building Area Main: 8564
Building Area Source: Public Records
Living Area Main: 6347
Year Built: 1963
Garage YN: 1
Attached Garage YN: 1
Garage Spaces: 2
Covered Spaces: 2
Gated Community YN: No
Lot Size Area: 17884
Lot Size Acres: 0.41
Lot Size Dimensions: 93.0 ft x 184.0 ft
Senior Community YN: No
Waterfront YN: 1
Outdoor Living Spaces YN: Yes
Stories Total: 2
Stories: 2
Direction Faces: West
Pool Private YN: Yes
Furnished: Unfurnished
Financial Information
Association Deposit YN: No
Membership Fee Required YN: No
Tax Annual Amount: 83424.4
Tax Year: 2022
Tax Legal Description: CORAL ESTATES LOTS 15 & 16 (LESS S 100 FT) & UNDIV INT IN LTS 1-A & 15-A
Remarks and Miscellaneous
Public Historical Remarks: Boat Services:Private Dock Y
Status Change Information
Major Change Timestamp: 2025-01-27T18:31:45Z
Major Change Type: Status Change
Price Change Timestamp: 2024-12-11T17:23:42Z
Status Change Date: 2025-01-27
Under Contract Date: 2025-01-10
Close Date: 2025-01-24
Close Price: 23750000
Buyer Financing: Cash
Short Sale Details
Short Sale Addendum: No
Boat and Dock Information
Dock: Yes
Main Level Rooms
Main Level Bathrooms: 4
Main Level Bedrooms: 3
Storm Protection
Other Protection: Complete
Room Types
Kitchen Level: Main
Living Room Level: Main
Master Bedroom Level: Upper
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
Price Calculations
Current Price To SqFt: 3741.92
Original List Price To Close Price: 1.7
Originating Details
Originating System Key: 20230221151448862507000000
Originating System ID: M00000170
Property Features
Flooring: Wood
Parking Features: Attached Garage; Garage
Property Condition: Resale
Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Gas Range; Microwave; Refrigerator; Washer
Architectural Style: Colonial
Boat and Dock Features: Private Dock
Construction Materials: CBS
Cooling: Central Air
Heating: Central
Interior Features: Bar; Built-in Features; Elevator; Entrance Foyer; Pantry; Walk-In Closet(s); Wet Bar
Laundry Features: Inside
Listing Terms: Cash; Conventional
Pets Allowed YN: Yes
Pool Features: In Ground
Possession: Close Of Escrow
Restrictions: Other Restrictions
Sewer: Public Sewer
Tax Information: City/County
Utilities: Sewer Available; Water Available
Water Source: Public
Water View: Intracoastal; Lake
Waterfront Features: Intracoastal; Lake Front
Showing Requirements: Appointment Only
Outdoor Living Spaces: Balcony; Patio
Balcony Details: Balcony - Open
Patio Details: Patio - Open
Contingencies: None
Room Types: Den; Family Room; Great Room; Kitchen; Laundry; Living Room; Master Bedroom
Acreage Description: 1/4 To Less Than 1/2 Acre Lot
Room Information
Room Name Length Width Level
Living Room1.001.00Main
Kitchen1.001.00Main
Master Bedroom1.001.00Upper
Family Room
Great Room
Laundry
Den

IDX
Listing Office: Christian Angle Real Estate
Source MLS Verified

Last Updated: July - 01 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.


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