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Lisa Cregan · Sotheby's Intl. Realty, Inc.

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Buy a houseat 1221 N Lake Way, Palm Beach, FL 33480

$24,950,000

$0/mo

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Residential

3,202 Sq. Ft.

14,662 Sq. Ft. lot

5 Bedrooms

6 Bathrooms

189 Days on market

R10996763 MLS ID

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About 1221 N Lake Way house

A beautifully renovated, masterful landmark of Modernist architecture, the Boat House combines the very best elements of life in Palm Beach - the perfect spot on the lakefront with dock and boat-lift, deeded ocean access at the Mockingbird neighborhood beach cabana, and an incredibly elegant, exquisitely renovated, move-in ready home. This nautically themed Art Moderne home faces prow-forward toward dramatic sunsets, its rooftop deck overlooking the pool, dock and sparkling Intracoastal. Sea-going touches include seamed hardwood floors, porthole windows and white-piped terrace railings. The house received a full renovation a few years ago and the current owners then made meaningful improvements of their own.
A beautifully renovated, masterful landmark of Modernist architecture, the Boat House combines the very best elements of life in Palm Beach - the perfect spot on the lakefront with dock and boat-lift, deeded ocean access at the Mockingbird neighborhood beach cabana, and an incredibly elegant, exquisitely renovated, move-in ready home. This nautically themed Art Moderne home faces prow-forward toward dramatic sunsets, its rooftop deck overlooking the pool, dock and sparkling Intracoastal. Sea-going touches include seamed hardwood floors, porthole windows and white-piped terrace railings. The house received a full renovation a few years ago and the current owners then made meaningful improvements of their own.

Property details

Appliances

Dryer

Dishwasher

Electric Water Heater

Disposal

Gas Range

Ice Maker

Microwave

Refrigerator

Water Purifier

Washer

Construction materials

Block

Cooling

Central Air

Exterior features

Balcony

Flooring

Terrazzo

Wood

Frontage type

Waterfront

Heating

Central

Interior features

Entrance Foyer

Elevator

Pantry

Walk-In Closet(s)

Lot features

Waterfront

Parking features

Attached

Garage

Patio and porch features

Deck

Patio

Pets allowed

Yes

Pool features

Heated

Private

Possession

Close Of Escrow

Roof

Tar/Gravel

Security features

Security System

Sewer

Public Sewer

Utilities

Electricity Available

Natural Gas Available

Sewer Available

Water Available

View

Water

Pool

Waterfront features

Navigable Water

Ocean Access

Seawall

Monthly cost

Estimated monthly cost

$161,695/mo

All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Apr 19, 2021

Price

$14,300,000

Date

Aug 10, 2017

Price

$5,900,000

DatePrice
Apr 19, 2021$14,300,000
Aug 10, 2017$5,900,000

Schools

This home is within the Palm Beach.

Delray Beach & Palm Beach & Canal Point & Riviera Beach & Pahokee & West Palm Beach & Belle Glade & Boynton Beach & Lake Worth Beach enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$23,453,000

+$748,500

$24,201,500

Seller agent commission$748,500 (3%)*

$0 (0%)

Buyer agent commission$748,500 (3%)*

$748,500 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

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Unreal Estate checked: Sep 10, 2024 at 1:31 p.m.

Data updated: Aug 31, 2024 at 6:53 a.m.

Courtesy of Sotheby's Intl. Realty, Inc.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed.
Listing Information © 2024 BeachesMLS, Inc. All Rights Reserved.

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