1496 N Lake Way

Palm Beach, FL
$ 9,000,000 Beds 2 Baths 2.5 Sq 2,883 Virtual Tour
Monthly Estimate* How much can I afford?

A rare mid-century modern residence designed by renowned Spanish architect, Javier de Olaso, reflecting the relaxed elegance of indoor-outdoor lifestyle in Ibiza. Thoughtfully designed to draw the eye toward the lush gardens, sculptures and private yard, the home enjoys beautiful views from nearly every room and the balcony. Set on a secluded .22 acre corner lot at North Lake Way and Mediterranean Road on Palm Beach Island's coveted North End, this exceptional property offers an opportunity to restore and reimagine an architectural gem or create a remarkable new residence. Just moments from the Intracoastal, inlet and ocean, and surrounded by mature tropical landscaping, this is truly a special Palm Beach offering.

Active

  • Price
  • $ 9,000,000
  • City
  • Palm Beach
  • Bedrooms
  • 2
  • Full Bathrooms
  • 2
  • County
  • Palm Beach
  • Half Bathrooms
  • 1
  • Area
  • 5001
  • Lot Size
  • 0.22 Acres
  • Zip
  • 33480
  • Sqr Footage
  • 2,883
  • Year Built
  • 1954
  • Taxes
  • $ 50226
  • Style
  • MLS#
  • B26042044
Listed By: Compass Florida LLC
Data Source: Beaches MLS (FL)

Features

General

Membership Required false
Membership Description No Membership Available
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available,Electricity Available,Sewer Available,Underground Utilities,Water Available
Possession Close Of Escrow
Roof Flat
Appliances Electric Range,Oven,Refrigerator
Garage Spaces 2
Patio/Porch Features Covered,Deck,Patio,Terrace,Balcony,Rooftop
Pool Features Free Form,In Ground,Other
Construction Materials Concrete
Pets Allowed No Pet Restrictions,Yes
Year Built 1954
View Garden,Pool
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Accessibility None
County Palm Beach
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name BOCA RATONE CO INLET
Facing Direction North
Garage Y/N true
Full Baths 2
Status Active
Directions N Lake Way to corner of Mediterranean and N Lake Way
High School Palm Beach Lakes
City Palm Beach
Senior Community Y/N false
MLS Area 5001
Carport Y/N false
Elementary School Palm Beach Public
Land Lease Y/N false
Tax Annual Amount 50226.34
Property Condition Resale
MLS Area Minor PB30
Standard Status Active
Occupancy Type Vacant
Property Sub Type Additional Single Family Residence
PostalCity Palm Beach
Legal Description BOCA RATONE CO INLET SUB REV LAKE FRONT ADD W 10 FT OF LT 107 & LT 114

Interior Features

Interior Amenities Breakfast Bar,Built-in Features,Breakfast Area,Entrance Foyer,Garden Tub/Roman Tub,Living/Dining Room,Multiple Primary Suites,Split Bedrooms,Storage
Flooring Concrete,Marble
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 1
Total Bedrooms 2
Entry Level 1
Main Level Bathrooms 1
Total Baths 3

Exterior Features

Private Pool true
Exterior Amenities Balcony,Outdoor Living Area,Storage
Fencing Back Yard,Masonry
Parking Features Attached,Garage,Garage Door Opener
Lot Features Corner Lot,Landscaped,Many Trees,Sprinklers Automatic,< 1/4 Acre
Water Source Public
Total Parking 6
Lot Size Area 9583.2
Building Area Total 4225
Lot Size Acres 0.22
Road Surface Type Paved
Waterfront Y/N false
Covered Spaces 2
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Stuart, FL office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Palm Beach Public Elementary School
Middle School Unknown Middle School
High School Palm Beach Lakes High School

Price History

6/17/2026 Listed $9,000,000

Property vs Zip Code Average in 33480

Price
AVG $30.66M
$9M
Taxes
AVG $152,402
$50,226
Year Built
AVG 1972
1954

1496 N Lake Way Palm Beach, FL is a Single Family Home for sale at $9000000 with 2883 sqft and a lot size of 0.22 Acres Acre(s). 1496 N Lake Way Palm Beach has 2 bedrooms, 2 baths and was built in 1954. The property's zip code is 33480 which is in Palm Beach, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.