Video tour
#RX-10984932, Dana L. Koch, Listing Office: The Corcoran Group
#RX-11054544·
Listing Office: Douglas Elliman·
Listing Agent: Gary B Pohrer·
Listing Agent Phone: (561) 262-0856·
Listing Office Phone: (561) 655-8600
583 N Lake Way Palm Beach, FL 33480
$24,950,000 List price
5 beds
7 full, 1 partial
5,384 sqft
$4,634 / sqft
House
Property details
About 583 N Lake Way
Located near the highly desirable North End of Palm Beach, this stunning property sits on a generous half-acre lot and offers double height volume with soaring 14' ceilings. The split floor plan includes a luxurious primary suite with a private lanai, complemented by wood flooring and transom windows that fill the home with natural light. The oversized backyard features bright sunny southern exposure and provides ample space for outdoor living and entertaining. Additional highlights include a covered loggia and a pool cabana bath. The spacious 3-car garage, with a discreet side entrance, adds practicality to this beautiful home. This is truly a must-see property to fully appreciate its charm.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size5,384 sqft
Year built1993
MLS #RX-11054544
Garage3 spaces
Private poolYes
Virtual tour
Summary
- MLS Number: RX-11054544
- Office Name: Douglas Elliman
- Office Phone: (561) 655-8600
- Listing Agent: Gary B Pohrer
- Agent Phone: (561) 262-0856
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: 2/2/2025, 12:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$24,950,000
583 N Lake Way
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 01, 2021 | Home Sold | $14,500,000 |
| Jan 08, 2014 | Home Sold | $3,050,000 |
| Apr 16, 2004 | Home Sold | $5,250,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $17,153,385 | $233,152 |
| 2022 | $12,840,514 | $200,509 |
| 2021 | $4,727,586 | $200,509 |
| 2020 | $4,662,314 | $77,750 |
| 2019 | $4,557,492 | $77,764 |
| 2018 | $4,472,514 | $73,911 |
| 2017 | $4,380,523 | $73,940 |
History based on county public records data.
Nearby schools
5
Pleasant City Elementary School
Public District EE-5
0.9 mi
•2222 Spruce Ave
6
Northboro Elementary School
Public Magnet PK-5
1.2 mi
•400 40th St
5
U. B. Kinsey/Palmview Elementary School
Public Magnet PK-5
1.5 mi
•800 11th 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 $216,931. The majority of Palm Beach, FL residents have income $200k+ annually. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
3%
<35k
7%
35k-100k
34%
100k-200k
56%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
39%
Single, No Kids
2%
Single, with Kids
44%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
5%
12-17 yrs old
6%
18-34 yrs old
43%
35-64 yrs old
37%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Men's Tennis
Hiking/backpacking
Where do the neighbors shop?
Chico's
Bloomingdales
Nordstrom Rack
Where do the neighbors go to eat?
Bonefish Grill
Chipotle
California Pizza Kitchen
What do the neighbors drive?
Cadillac
Lexus
Mazda
What do the neighbors listen to?
Classical
News
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 583 N Lake Way
This home is located at 583 N Lake Way in Palm Beach, FL and zip code 33480 in the North End neighborhood. This 5,384 square foot home was built in 1993. Features: 5 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since January 21, 2025 and is currently priced at $24,950,000.
Over 1 listings were sold over their listed price in January 2025 in Palm Beach, FL. In the same period over 30 listings were sold below the listed price and 3 listings were sold for the listed price. In January 2025 in Palm Beach, FL there were 20.7% more homes for sale than in December. Listings spent 121 days on the market in January 2025, and had a median list price of $1,358,333 during the same period.
From Rocket Homes Real Estate and based on county public records data.