1191 N Lake Way, Palm Beach, FL 33480

$14,910,000

Virtual Tour

https://www.propertypanorama.com/1191-N-Lake-Way-Palm-Beach-FL-33480/unbranded

Property Type: Residential Bedrooms: 6 Baths: 10 Square Footage: 10,055 Status: Closed

Current Price: $14,910,000 List Date: 6/05/2020 Last Modified: 5/23/2026

Overview

Description

Better than new – custom built magnificent lakefront estate with stately front and rear elevation and expansive water views from virtually every room! Grand arrival through a hedged and manicured brick and pebble driveway into the expansive motor court, 3 car garage with staff, yacht captain or separate guest quarters (1 bed/1 bath) featuring a full kitchen and living area. Enter the main home and immediately breathtaking intracoastal views make the home bright and inviting from the living room, formal and informal dining, expansive family room – chefs kitchen, and library. Full master suite down & another upstairs! Elevator, gym or additional bedroom up – w/ ample additional guest bedrooms and a ''bonus'' air-conditioned third level for storage rarely seen in a Palm Beach estate residence

Supplements: Outdoors enjoy an oversize pool - privacy from all neighbors and a locked gate leads to your own private dock - wood and aluminum - a boaters dream! Interior finishes include stone and hardwood floors, exotic marbles and upgraded fittings. Pristine - nothing to do- condition. Over sized home site on one of the islands best locations. Generator, rar ... (Read more)

Listing Details MLS# R10481408

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 6
Bathrooms Total: 10
Bathrooms Full: 8
Bathrooms Half: 2
Building Area Main: 10055
Building Area Source: Public Records
Living Area Main: 8440
Year Built: 2011
Garage YN: Yes
Attached Garage YN: Yes
Garage Spaces: 3
Covered Spaces: 3
Lot Size Area: 22884
Lot Size Acres: 0.53
Lot Size Dimensions: 115 x 223
Frontage Length: 115
Senior Community YN: No
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 2
Stories: 2
Direction Faces: East
Fireplace YN: Yes
Pool Private YN: Yes
Furnished: Unfurnished

Property Features

Dining Area: Eat-In Kitchen; Formal Dining Flooring: Marble; Wood; Other Parking Features: Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Gas Range; Ice Maker; Refrigerator; Washer Boat and Dock Features: Private Dock; Water Available Construction Materials: CBS Cooling: Central Air; Zoned Heating: Central; Zoned Interior Features: Elevator; Entrance Foyer; French Doors Laundry Features: Inside; Laundry Closet; Washer Hookup; Dryer Hookup 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; Public Road Road Surface Type: Paved Roof: Concrete; Tile Security Features: Security System Owned Sewer: Public Sewer Special Information: Sold As-Is Sprinkler Description: Auto Sprinkler Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available View: Pool Water Access: Ocean Access Water Source: Public Water View: Intracoastal Waterfront Features: Intracoastal; Navigable Water Showing Requirements: Appointment Only; Call Listing Agent Outdoor Living Spaces: Balcony; Patio Balcony Details: Balcony - Screened Patio Details: Patio - Covered; Patio - Open; Patio - Screened Contingencies: None Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Dining Room; Family Room; Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: 1/2 To Less Than 1 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 21500000

Location and Legal

County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 1191
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: MOCKINGBIRD TRAIL TRACT
Area: 5001
Geographic Area: PB30
Special Assessment YN: No
Parcel Number: 50434303090000031
Zoning: R-B(ci
Directions: Over to Palm Beach to via north Bridge, left on Bradley Place follow all the way to property on N Lake Way

Financial Information

Membership Fee Required YN: No
Tax Annual Amount: 121341
Tax Year: 2017
Tax Legal Description: MOCKING BIRD TRAIL TRACT S 115 FT OF LTS 3 & 7 & UND INT IN PT OF LTS 41A, 42A & UNMBRD TR AS IN DB863P263 K/A PRIV BC

Remarks and Miscellaneous

Public Historical Remarks: Boat Services:Private Dock Y

More Information

Status Change Information

Major Change Timestamp: 2020-06-08T20:49:52Z
Major Change Type: Status Change
Price Change Timestamp: 2020-01-21T17:51:59Z
Status Change Date: 2020-06-08
Under Contract Date: 2020-06-08
Close Date: 2020-06-08
Close Price: 14910000
Buyer Financing: Conventional

Entry Information

Entry Location: Entry Level Living Area Y

Short Sale Details

Short Sale Addendum: No

Boat and Dock Information

Dock: Yes

Pool Size Details

Pool Size (WxL): 15 X 30

Storm Protection

Impact Glass: Complete
Permanent Generator: Whole House

Room Types

Kitchen Level: First
Living Room Level: First
Master Bedroom Level: First
Bedroom 2: Yes
Bedroom 3: Yes
Bedroom 4: Yes
Dining Room: Yes
Family Room: Yes
Kitchen: Yes
Laundry: Yes
Living Room: Yes
Master Bedroom: Yes

Price Calculations

Current Price To SqFt: 1766.58
Original List Price To Close Price: 1.44

Originating Details

Originating System Key: 20181115182523466181000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Amenities

Boating: Yes
Jogging Path: Yes

Dining Area

Eat-In Kitchen: Yes
Formal Dining: Yes

Flooring

Marble: Yes
Wood: Yes
Other: Yes

Parking Features

Attached Garage: Yes
Garage: Yes

Property Condition

Resale: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Special Information

Sold As-Is: Yes

Utilities

Cable Available: Yes
Sewer Available: Yes
Water Available: Yes

View

Pool: Yes

Heating

Central: Yes
Zoned: Yes

Sprinkler Description

Auto Sprinkler: Yes

Water Access

Ocean Access: Yes

Water View

Intracoastal: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Free-Standing Freezer: Yes
Gas Range: Yes
Ice Maker: Yes
Refrigerator: Yes
Washer: Yes

Construction Materials

CBS: Yes

Interior Features

Elevator: Yes
Entrance Foyer: Yes
French Doors: Yes

Laundry Features

Inside: Yes
Laundry Closet: Yes
Washer Hookup: Yes
Dryer Hookup: Yes

Levels

Multi/Split: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Pool Features

In Ground: Yes

Road Frontage Type

East of US-1: Yes
Public Road: Yes

Road Surface Type

Paved: Yes

Roof

Concrete: Yes
Tile: Yes

Security Features

Security System Owned: Yes

Water Source

Public: Yes

Waterfront Features

Intracoastal: Yes
Navigable Water: Yes

Boat and Dock Features

Private Dock: Yes
Water Available: Yes

Cooling

Central Air: Yes
Zoned: Yes

Showing Requirements

Appointment Only: Yes
Call Listing Agent: Yes

Master Bedroom/Bath

Master Bdrm - Ground: Yes
Master Bdrm - Upstairs: Yes
Separate Shower: Yes

Pets Allowed YN

Yes: Yes

Restrictions

Other Restrictions: Yes

Tax Information

City/County: Yes

Outdoor Living Spaces

Balcony: Yes
Patio: Yes

Balcony Details

Balcony - Screened: Yes

Patio Details

Patio - Covered: Yes
Patio - Open: Yes
Patio - Screened: Yes

Contingencies

None: Yes

Acreage Description

1/2 To Less Than 1 Acre Lot: Yes

Room Information

Room Name	Length	Width	Level
Living Room	24.00	23.00	First
Dining Room	18.00	12.00
Kitchen	13.00	10.00	First
Family Room	13.00	15.00
Master Bedroom	19.00	15.00	First
Bedroom 2	15.00	15.00
Bedroom 3	11.00	16.00
Bedroom 4	11.00	12.00
Laundry

Listing Office: The Corcoran Group

Last Updated: May - 23 - 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.