Lakewood West Palm Beach

242 E Lakewood Road, West Palm Beach FL 33405

4 beds · 4.5 baths · 3,240 ft²

Closed

$4,250,000

Est. Payment $22,620/mo

MLS Sheet Video

4

Bedrooms

4.5

Bathrooms

3,240

Sq. Ft.

1940

Year Built

2

Stories

5

Days on Market

Description

Historic character & charm exude from this beautiful 1940's Colonial residence located on one of the most desirable streets in the coveted South of Southern district. Nestled on a sprawling 11,096 sq. ft. lot, this enchanting home w/ guest cottage boasts over 3,400 sq. ft. Recent updates: impact windows/doors, 2020 roof, interior/exterior painted in classic whites, new patio/balcony/pool decks, & more. Timeless features: hardwood flooring, formal living room w/ wood burning fireplace, formal dining room, & iron stairway banister. Entertain or just get cozy in the large sunroom/family room that overlooks the swimming pool & private, lush backyard. Steps to the Intracoastal Waterway/Flagler Drive. Minutes to beaches, Worth Ave, downtown, fabulous restaurants/shops, the airport, & much more.

Facts

MLS#
R10786058
Subdivision
Lakewood West Palm Beach
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1940
Lot Size
10,890 ft²
Sq. Ft.
3,240 ft²
Sq. Mt.
301 m²
Price per sq. ft.
$1,312/ft²
Price per sq. mt.
$14,120/m²
Stories
2
Garage
Pool
Private
Days on Market
5 days
Listed
Mar 23, 2022
Last Updated
Jul 2, 2026
Price/Lot Sq.Ft.
$390/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for West Palm Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100
Buyers marketSellers market

117

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

7/2/2026Sold$4,250,000
3/23/2022Listed for sale$4,250,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

242 E Lakewood Road, West Palm Beach FL 33405Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$26,312/mo

Principal & Interest

$22,620

Property Tax

$3,542

Insurance

$150

HOA

$0

20% ($850,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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Updated within 24 hours

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