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1496 N Lake WayPalm Beach, FL 33480

For Sale

$9,000,000

Smart Buyer Rebate $90,000

Rare opportunity on Palm Beach Island's coveted north end. Set on an exceptional .22 acre parcel between the Atlantic Ocean and Intracoastal Waterway, this Mid-Century Modern residence offers endless possibilities to restore, renovate, or build a spectacular new estate. Surrounded by lush tropical landscaping and just a short walk to the beach, this property combines privacy, location, and extraordinary potential in one of Palm Beach's most desirable settings.

Listed by Margaret Sutton

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License #3263992

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Compass Florida LLC

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6619931166

Last updated July 16, 2026

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Source: BeachesMLS #B26042044

Listing Facts

  • TypeSingle-family
  • NeighborhoodPalm Beach
  • Bedrooms2
  • Bathrooms2.5
  • Days on Prevu45
  • Taxes$50,226.34/year
  • Size2,883 sqft
  • Price per sqft$3,122

Amenities

  • Private Outdoor Space
  • Pets Allowed
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

06/17/2026
Listed by Compass Florida LLC
$9,000,000

Property Details for 1496 N Lake Way

Association

Amenities

  • Pets Allowed: Yes

Exterior

Construction

  • Roof: Flat
  • Stories: 2
  • Stories Total: 2
  • Structure Type: House
  • Year Built: 1954
  • Construction Materials: Concrete
  • Entry Level: 1
  • Exterior Features: Balcony, Storage

Features

  • Direction Faces: North
  • Fencing: Back Yard, Masonry
  • Other Structures: Storage
  • Patio And Porch Features: Covered, Deck, Patio, Terrace
  • Pool Features: In Ground, Other, Private
  • Pool Private: Yes
  • View: Garden, Pool

Measurements

  • Building Area Total: 4,225
  • Lot Features: Corner Lot, Landscaped, Many Trees
  • Lot Size Acres: 0.22
  • Lot Size Area: 9,583

Financial

Taxes

  • Parcel Number: 50434234030001071
  • Tax Annual Amount: $50,226.34
  • Tax Assessed Value: $2,600,475.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Electric Range, Oven, Refrigerator
  • Flooring: Concrete, Marble
  • Interior Features: Breakfast Bar, Built-in Features, Entrance Foyer, Storage

Measurements

  • Living Area: 2,883
  • Living Area Source: Assessor

Rooms

  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 2
  • Main Level Bathrooms: 1

Other

Location

  • Subdivision Name: BOCA RATONE CO INLET

Parking

Parking

  • Attached Garage: Yes
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage: Yes
  • Open Parking Spaces: 4
  • Parking Features: Attached, Garage, Garage Door Opener
  • Parking Total: 6

Schools

Elementary School

  • Elementary School: Palm Beach Public

High School

  • High School: Palm Beach Lakes

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 2 bedrooms and 2.5 bathrooms in this single-family home at 1496 N Lake Way.

What schools are nearby to 1496 N Lake Way?

Nearby schools include the Palm Beach Public Elementary School and Palm Beach Lakes High School.

Does this single-family home have parking?

Yes, there are 2 parking spaces available for 1496 N Lake Way.

What are the annual taxes for 1496 N Lake Way?

Annual taxes for this single-family home are estimated at $50,226.

How does 1496 N Lake Way compare to other single-family homes in Palm Beach?

This single-family home is listed 67% below the average price for single-family homes in Palm Beach and has been on the market for 141 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 2,883 sqft.

1496 N Lake Way is a 2-bedroom, 2.5-bath single-family home for sale in Palm Beach FL 33480. On Prevu for 45 days at $9,000,000. This home features 2,883 square feet of living space, located in Palm Beach. The median listing price for single-family homes in this area is $2,597,000. Nearby schools include Palm Beach Public Elementary School and Palm Beach Lakes High School. Additional amenities include private outdoor space, pets allowed, air conditioning, parking, and swimming pool. View other single-family home listings in Florida.

Based on information from Beaches MLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.