Pending

940 N Lake Way

Palm Beach FL, 33480

$55,000,000


$1,578.28 per sqft

Pending

0.8 Acres

Land

Opportunity awaits to build your dream home on this expansive 34,848-square-foot lot, offering 128 feet of water frontage and a very high elevation. This prime location not only provides a canvas for your ideal home, but also boasts a deep-water concrete dock, providing the perfect haven for maritime enthusiasts. The dock is thoughtfully designed to accommodate larger vessels over 100 feet, along with multiple smaller vessels. The dock features a substantial 40,000-pound lift for larger boats, and an additional 15,000-pound lift for smaller boats. Experience the epitome of waterfront living with unparalleled views and amenities on this expansive property. Enjoy deeded beach access nestled between Sandpiper and Eden Road and access to the Lake Trail right out your back gate.

R10939386

MLS ID

November 27, 2023

Listed

April 1, 2024

Updated

Map

940 N Lake Way
Palm Beach FL, 33480

Exterior/Building Features

Lot Size

0.8 Acres


Lot Features

Beach Front

Other Property Details

Area Name

5001


Taxes

$396,632


Tax Frequency

Annually


Days on Market

126


Garage

No


View

Yes


View Description

Intercoastal, Water


County

Palm Beach County


Pool

No


Waterfront

Yes


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

4/1/2024

Pending

2/7/2024

Price Change

$55,000,000

-7%

2/2/2024

Price Change

$55,000,000

-7%

Listed by Todd Peter, with Sotheby's Intl. Realty, Inc.
Listing Contact: (561) 281-0031 

All listings featuring the BMLS logo are provided by Association of Palm Beaches. 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, and that the data is deemed reliable but is not guaranteed accurate by MLS.

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Data last updated 3:41 PM UTC, 4/1/2024

 

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