1040 North Lake Way

Palm Beach, FL 33480

$32,000,000
Last Sold Price
5
Beds
6
Baths
2
1/2 Baths
6,687 Sq. Ft.
$4,785 / Sq. Ft.
6,687
Sq. Ft.
$4,785
per Sq. Ft.

Description

A stunning five bedroom deep water lakefront residence. Large open spaces with great ceiling heights and smashing views of the Intracoastal. New kitchen, baths and several custom improvements.A stunning five bedroom deep water lakefront residence. Large open spaces with great ceiling heights and smashing views of the Intracoastal. New kitchen, baths and several custom improvements.

Property Details for 1040 North Lake Way

Subdivision
Coral Estates
Style
Regency
WaterFront
Yes
Waterfront Type
Intracoastal-Direct, ICW-Across Bikepath, Lakefront
Zoned
RB

Location

Listing Courtesy of LAWRENCE A. MOENS ASSOCIATES,INC.

Sold By BROWN HARRIS STEVENS OF PALM BEACH 5225

Add your commute
LISTING UPDATED: 05/10/2022 01:31 AM

Property Details for 1040 North Lake Way

StatusClosed
MLS #21-1790
Days on Market120
Taxes$171,838 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1954
Lot Size0.00 AC / 101 SF
CountyPalm Beach County

Location

Listing Courtesy of LAWRENCE A. MOENS ASSOCIATES,INC.

Sold By BROWN HARRIS STEVENS OF PALM BEACH 5225

Add your commute

Building Information for 1040 North Lake Way

Stories-Year Built1954Building Size-Lot Size0.00 AC / 101 SF

Payment Calculator

$188,957 per month

30 year fixed, 7.25% Interest

Principal and Interest

$174,637

Property Taxes

$14,320

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1040 North Lake Way

Summary
Location and General Information
  • Area: 01 - Wells Rd & North
  • County Or Parish: Palm Beach
  • Direction Faces: West
  • Latitude: 26.75078
  • Absolute Longitude: -80.041329
  • Exposure - West: True
  • Landmark - No Landmarks: True
Owner
  • Owner Name: Call LO
Parking
  • Garage Garage: True
  • Garage 2 Car: True
  • Garage Attached: True
  • Garage Air Conditioned: True
  • Garage Door Opener: True
  • Attached Garage: Yes
  • Garage: 2 Car, Attached, Door Opener, Air Conditioned
Taxes and HOA Information
  • Tax Year: 2021
  • PCN#: 50434303180000151
  • Tax Amount: $171,838.00
  • HOA None: True
Property
Lot Information
  • SqFt Total: 6687.0
  • Lot Dim (1): 184
  • X Lot Dim (2): 101
  • X Lot Dim (3): 183
  • Lot SqFt: 101.0
  • Lot Size Units: Square Feet
  • Acres: 0.0
  • Year Built: 1954
  • Lot Features: 1/2 Acre to 1 Acre
  • Lot Size Area: 101.0
Property and Assessments
  • Legal: CORAL ESTATES S 100 FT OF LTS 15 & 16 & UNDIV INT IN LTS 1-A & 15-A
  • Certified Flood Elev: No
  • Documents Count: 0
  • Videos Count: 0
  • Certified Survey: No
  • Lot Dimensions Source: No
  • Photos Count: 51
  • Photo to be Supplied: Photo Supplied by LO
  • Approval Status: Yes
  • Possession: Occupancy At Closing
Utilities
  • Water Sewer : City Water: True
  • Water Sewer : Sewer: True
Interior and Exterior Features
Interior Features
  • Beds Total: 5
  • Baths Total: 6.00
  • Total Bathrooms Source: MLS
  • Baths Half: 2
  • Kitchen Appliances: Dishwasher, Disposal, Freezer, Dryer, Washer, Range-Electric, Central Vac System, Refrigerator
  • Bathrooms Total Decimal: 1.00
  • Bathrooms Total Integer: 6
  • Bathrooms Total Notational: .20
  • Flooring: Hardwood, W/W Carpeting, Marble, Stone/Brick
  • Heating: Multi Zone Heat, Central Air, Multi Zone Air, Central Heat
  • Heating: Yes
  • Interior Features: Sound System, Fireplace, Ceiling Fan, Cable
  • Roof: Tar & Gravel
  • Rooms Total: 0.0
  • Window Features: Impact Glass
  • Appliances : Dishwasher: True
  • Appliances : Disposal: True
  • Appliances : Refrigerator: True
  • Appliances : Freezer: True
  • Appliances : Washer: True
  • Appliances : Dryer: True
  • Appliances : Central Vac System: True
  • Construction Materials: Cement Block/Stucco
  • Furnished/UnFurnished: Unfurnished
  • Floors : Hardwood: True
  • Floors : Marble: True
  • Floors : StoneBrick: True
  • Floors : WW Carpeting: True
  • Interior Features : Cable: True
  • Interior Features : Ceiling Fan: True
  • Interior Features : Sound System: True
  • Interior Features : Fireplace: True
  • # of Baths: 6.0
Exterior Features
  • Pool Features: Pool
  • Pool: true
  • Pool : Pool3: True
  • Waterfront : Intracoastal-Direct: True
  • Waterfront : ICW-Across Bikepath: True
  • Waterfront : Lakefront: True
  • Dock : Concrete: True
  • Roof : Tar Gravel: True
  • Exterior Features : PatioLanai: True
  • Exterior Features : Fence-Back Wall: True
  • Exterior Features : Ocean Access-Deeded: True
  • Exterior Features : SeawallBulkhead: True
  • Exterior Features : Storm Shutters: True
  • Windows : Impact Glass: True
  • Exterior Features: Fence-Back Wall, Storm Shutters, Ocean Access-Deeded, Seawall/Bulkhead, Patio/Lanai
Room
  • Other Rooms : Dining Area: True
  • Other Rooms : Eat-in Kitchen: True
  • Other Rooms : Utility Room: True
Rental
Rent Information
  • Lease Amount Frequency: No

Property History for 1040 North Lake Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1040 North Lake Way

Taxable ValueLand$18,043,435Additions$9,903,478Total$27,946,913
Tax Record2023$420,878 ($35,073 / month)
Home Facts
Beds5Baths5.5Total Finished SqFt5,056 SqFtAbove Grade Finished SqFt5,056 SqFtStories2Lot Size19,280 SqFtStyleSingle Family ResidenceYear Built1954Year Renovated2015ZoningR-BCountyPALM BEACHAPN50-43-43-03-18-000-0151

Schools near 1040 North Lake Way

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Palm Beach Public School
PublicPK to 5

Conniston Middle School
Public6 to 8

Palm Beach Lakes High School
Public9 to 12

Northboro Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of LAWRENCE A. MOENS ASSOCIATES,INC.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.