$21,000,000
488 Island Drive
Palm Beach, FL 33480
MLS# R10405821
Status: Closed
5 beds  |  7 baths  |  9494 sqft


Twilight Backyard
  1 / 32  
Twilight Backyard Dock Aerial Front Entry Living Room Living Room Library Formal Dining Chef's Kitchen Chef's Kitchen Family Room Family Room Family Room Loggia Loggia Intracoastal View Intracoastal View Master Suite Master Suite Master Sitting Room Master Bath Master Bath Guest Suite Dock Aerial Twilight Front Entry Twilight Pool Twilight Loggia Twilight Dining and Kitchen Twilight Dining and Living First Floor Plan Second Floor Plan

Property Description
Brand new, furnished Everglades Island point estate. Gorgeous British Colonial with commanding lake views from three sides. Built by Malasky Homes, this estate features 5BR/6.1BA plus library, 1BR/1BA guest apartment, fireplaces, wine cellar, and elevator. Master wing features sitting room, dual baths and closets, and three balconies. Beautiful backyard with pool, spa, and loggia surrounded by the Intracoastal.

Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2018-02-14
Status: Closed
Original List Price: 27900000
Sold Price: $21,000,000
Current Price: $21,000,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 488
Street Name: Island
Street Suffix: Drive
City Name: Palm Beach
State Or Province: FL
Postal Code: 33480
Postal Zip: 33480
Subdivision Name: EVERGLADES ISLAND 3
Area: 5003
Geographic Area: PB30
Special Assessment YN: No
Parcel Number: 50434327030000251
Zoning: R-B
Directions: Call LO
General Property Information
Property Sub Type: Single Family Residence
Bedrooms Total: 5
Bathrooms Total: 7
Bathrooms Full: 6
Bathrooms Half: 1
Building Area Main: 9494
Building Area Source: Builder
Living Area Main: 7671
Year Built: 2018
Garage YN: 1
Attached Garage YN: 1
Garage Spaces: 2
Covered Spaces: 2
Senior Community YN: No
Waterfront YN: 1
Outdoor Living Spaces YN: Yes
Stories Total: 2
Stories: 2
Direction Faces: South
Fireplace YN: Yes
Pool Private YN: Yes
Spa YN: Yes
Furnished: Furnished
Financial Information
Membership Fee Required YN: No
Tax Annual Amount: 136192
Tax Year: 2017
Tax Legal Description: EVERGLADES ISLAND PLAT 3 LT 25 (LESS W 17.23 FT)
Status Change Information
Major Change Timestamp: 2018-08-31T17:08:27Z
Major Change Type: Status Change
Status Change Date: 2018-08-31
Under Contract Date: 2018-08-20
Close Date: 2018-08-31
Close Price: 21000000
Buyer Financing: Cash
Short Sale Details
Short Sale Addendum: No
Boat and Dock Information
Dock: Yes
Dock Details: Yes
Pool Size Details
Pool Size (WxL): 16x40
Storm Protection
Impact Glass: Partial
Room Types
Bedroom 2 Level: First
Bedroom 3 Level: Second
Bedroom 4 Level: Second
Bedroom 5 Level: Second
Den Level: First
Dining Room Level: First
Family Room Level: First
Kitchen Level: First
Living Room Level: First
Master Bedroom Level: Second
Utility Room Level: Second
Price Calculations
Current Price To SqFt: 2737.58
Original List Price To Close Price: 1.32
Originating Details
Originating System Key: 20180214170938725881000000
Originating System ID: M00000170
Property Features
Dining Area: Eat-In Kitchen; Family/Dining Combination; Formal Dining
Flooring: Marble; Wood; Other
Parking Features: Attached Garage; Garage
Property Condition: New Construction
Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Microwave; Oven; Refrigerator; Washer
Boat and Dock Features: Electric Available; Private Dock; Water Available
Construction Materials: CBS
Cooling: Central Air
Heating: Central
Interior Features: Bedroom Layout - Split; Built-in Features; Elevator; Entrance Foyer; French Doors; Kitchen Island; Pantry; Roman Tub; Storage; Walk-In Closet(s); Wet Bar
Laundry Features: Inside; Laundry Closet; Laundry Tub
Levels: Multi/Split
Listing Terms: Cash; Conventional
Pets Allowed YN: Yes
Pool Features: In Ground
Possession: Close Of Escrow
Restrictions: Other Restrictions
Road Frontage Type: East of US-1
Sewer: Public Sewer
Special Information: Sold As-Is
Tax Information: City/County
Utilities: Sewer Available; Water Available
Water Source: Public
Water View: Intracoastal
Waterfront Features: Intracoastal
Window Features: Sliding
Outdoor Living Spaces: Balcony; Patio; Porch
Balcony Details: Balcony - Open
Patio Details: Patio - Covered; Patio - Open
Contingencies: None
Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Den; Dining Room; Family Room; Garage Apartment; Great Room; Kitchen; Laundry; Living Room; Master Bedroom; Utility Room
Room Information
Room Name Length Width Level
Living Room31.0021.00First
Dining Room25.0013.00First
Kitchen11.0019.00First
Family Room27.0019.00First
Master Bedroom18.0019.00Second
Bedroom 217.0014.00First
Bedroom 317.0014.00Second
Bedroom 417.0014.00Second
Bedroom 514.0016.00Second
Den17.0014.00First
Utility Room12.0011.00Second
Great Room
Garage Apartment
Laundry

IDX
Listing Office: Christian Angle Real Estate
Source MLS Verified

Last Updated: July - 06 - 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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