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#RX-11029339, Michael Costello, Listing Office: Compass Florida LLC (PB)
#RX-11078527·
Listing office: Douglas Elliman·
Listing agent: Samantha Curry·
Listing agent phone: (561) 530-2227·
Listing office phone: (561) 655-8600
$10,900,000 List price
1421 N Lake Way Palm Beach, FL 33480
4 beds
3 full
2,388 sqft
$4,564 / sqft
House
Property details
About 1421 N Lake Way
RARE OPPORTUNITY!! Palm Beach's coveted North End on Cabana street--this exceptional property offers endless possibilities. Perfectly livable yet primed for a custom rebuild, this oversized lot comes with ARCOM approved plans, allowing for a seamless transition to your dream home. Proposed home will be 5,585 LSF and 6,293 TSF, with 4-beds in the main house plus convertible den (office/library) and 2-bed in guest house. Currently, the beautifully updated main house features two elegant bedrooms with rich wood flooring, spacious closets, and two tastefully designed bathrooms with walk-in showers. A charming guest cottage, connected by a covered walkway, provides a private retreat with two additional bedrooms, a cozy sitting area, and a full bath. The meticulously landscaped grounds are a..
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size2,388 sqft
Year built1950
ParkingGarage - Attached, Driveway, 2+ Spaces
MLS #RX-11078527
Attached garage2 spaces
ViewPool, Garden
Private poolYes
Virtual tour
Summary
- Full Bathrooms: 3
- Appliances: Washer, Cooktop, Freezer, Microwave, Disposal, Electric Water Heater, Dishwasher, Electric Range, Refrigerator, Dryer
- Flooring Type: Wood Floor, Tile, Other
- Interior: Foyer, Kitchen Island, Stack Bedrooms
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: Yes
- Parking: Garage - Attached, Driveway, 2+ Spaces
- Waterfront: None
- View: Pool, Garden
- Exterior: Covered Patio, Cabana, Open Patio
- Heating: Central
- Cooling: Central Air
- List Price: $10,900,000
- Price/SqFt: $4,564
- Annual Tax Amount: $97,292
- Tax Year: 2023
- Lot: Corner Lot
- Directions: N Lake Way, Right on Reef Rd
- Year Built: 1950
- Stories: 1
- Living Area: 2,388 SqFt
- MLS Number: RX-11078527
- Office Name: Douglas Elliman
- Office Phone: (561) 655-8600
- Listing Agent: Samantha Curry
- Agent Phone: (561) 530-2227
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 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: 5/21/2025, 7:20:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$10,900,000
1421 N Lake Way
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 22, 2022 | Home Sold | $7,885,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $6,395,232 | $97,292 |
| 2022 | $4,325,439 | $55,610 |
| 2021 | $2,647,176 | $55,610 |
| 2020 | $2,455,726 | $44,311 |
| 2019 | $2,237,974 | $39,036 |
| 2018 | $2,144,168 | $36,903 |
| 2017 | $1,949,244 | $35,894 |
History based on county public records data.
Nearby schools
6
Northboro Elementary School
Public Magnet PK-5
1.3 mi
•400 40th St
5
Northmore Elementary School
Public District PK-5
1.7 mi
•4111 N Terrace Dr
1
West Riviera Elementary School
Public District EE-5
1.8 mi
•1057 W 6th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $148,936. Typical income of Palm Beach, FL residents is 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.
How much money do the neighbors make?
3%
<35k
6%
35k-100k
47%
100k-200k
44%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
40%
Single, No Kids
3%
Single, with Kids
39%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
6%
12-17 yrs old
7%
18-34 yrs old
44%
35-64 yrs old
32%
65+ yrs old
What do the neighbors do for fun?
Men's Tennis
PGA/LPGA
Skiing/snowboarding
Where do the neighbors shop?
Bloomingdales
Chico's
Nordstrom
Where do the neighbors go to eat?
Bonefish Grill
California Pizza Kitchen
Chipotle
What do the neighbors drive?
Lexus
Cadillac
BMW
What do the neighbors listen to?
News
Classical
Talk/Personality
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1421 N Lake Way
The listing price of 1421 N Lake Way property is $10,900,000.
The property 1421 N Lake Way is a house located in Palm Beach, Florida, 33480.
Active Listing: 1421 N Lake Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1421 N Lake Way are: Northboro Elementary School (GreatSchools Rating 6/10), Northmore Elementary School (GreatSchools Rating 5/10), West Riviera Elementary School (GreatSchools Rating 1/10), Roosevelt Community Middle School (GreatSchools Rating 6/10), University Preparatory Academy Palm Beach (GreatSchools Rating 2/10), John F. Kennedy Middle School (GreatSchools Rating 4/10), Alternative Program Central (GreatSchools Rating 2/10), Inlet Grove Community High School (GreatSchools Rating 7/10), Suncoast Community High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2023 is $97,292 (source: MLS/based on county public records data).
The last sale was on February 22, 2022 for $7,885,000 (source: MLS/tax record).
The property at 1421 N Lake Way has 4 bedrooms and 3 bathrooms.
The property 1421 N Lake Way is 2,388 SqFt (source: MLS/tax record).
The year of construction for 1421 N Lake Way is 1950.
This home is located at 1421 N Lake Way in Palm Beach, FL and zip code 33480 in the North End neighborhood. This 2,388 square foot home was built in 1950. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 4, 2025 and is currently priced at $10,900,000.
In April 2025, from all listings sold in Palm Beach, FL there were more than 1 sold above asking price, over 37 sold below and more than 2 were sold right at the asked price. The number of homes for sale in Palm Beach, FL increased by 5.2% between March and April 2025. While the average time on the market in April 2025 was 123 days, the median list price was $1,850,000.
From Rocket Homes Real Estate and based on county public records data.