NORTH SHORE

1421 N Lake Way, Palm Beach FL 33480

4 beds · 3 baths · 2,388 ft²

For Sale · Active Listing

$10,900,000

8.40%

Est. Payment $58,014/mo

MLS Sheet Video

4

Bedrooms

3

Bathrooms

2,388

Sq. Ft.

1950

Year Built

2

Garage

1

Stories

530

Days on Market

Description

RARE OPPORTUNITY!! Palm Beach's coveted North End on Cabana street. This exceptional property offers endless possibilities. Perfectly livable yet primed for a custom rebuild, this oversized lot comes with previously approved ARCOM plans (plans are expired, not to resubmit), allowing for a seamless transition to your dream home. Proposed home will be 5,585 LSF and 6,293 TSF, with 4-beds in the main house plus convertible den (office/library) and 2-bed in guest house. Currently, the beautifully updated main house features two elegant bedrooms with rich wood flooring, spacious closets, and two tastefully designed bathrooms with walk-in showers. A charming guest cottage, connected by a covered walkway, provides a private retreat with two additional bedrooms, a cozy sitting area, and a full bath. The meticulously landscaped grounds are a private oasis, complete with a heated pool and spillover spa, surrounded by lush greenery. Whether you choose to enjoy this serene setting as is or bring your vision to life with the approved new construction plans, this prime North End location ensures unparalleled luxury and value. Close proximity to the Sailfish Club and bike path. A rare chance to build or enjoy as is-don't miss this extraordinary opportunity!

Facts

MLS#
R11078527
Subdivision
NORTH SHORE
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1950
Lot Size
13,504 ft²
Sq. Ft.
2,388 ft²
Sq. Mt.
222 m²
Price per sq. ft.
$4,564/ft²
Price per sq. mt.
$49,099/m²
Stories
1
Garage
2 spaces
Pool
Private
Days on Market
530 days
Listed
Apr 4, 2025
Last Updated
Sep 16, 2026
Price/Lot Sq.Ft.
$807/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Palm Beach

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

Sellers market

September 2026

100/100
Buyers marketSellers market

72

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).

4/18/2025Price change$10,900,000-8.4%
4/4/2025Listed for sale$11,900,000

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

Location

1421 N Lake Way, Palm Beach FL 33480Directions

Estimated Monthly Payment

$67,248/mo

Principal & Interest

$58,014

Property Tax

$9,083

Insurance

$150

HOA

$0

20% ($2,180,000)
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

Hablo Español

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