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.

23-1935

MLS ID

November 27, 2023

Listed

May 9, 2024

Updated

Map

940 N Lake Way
Palm Beach FL, 33480

Exterior/Building Features

Lot Size

0.8 Acres


Lot Features

1/2 Acre to 1 Acre

Other Property Details

Area Name

01 - Wells Rd & North


Taxes

$396,632


Tax Frequency

Annually


Garage

No


View

No


County

Palm Beach


Water Source

City Water at Site


Pool

No


Waterfront

Yes


Zoning

R-B - Low Density

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 F. PETER FRANCES WEBSTER PETER with Sotheby's International Realty, Inc.
Listing Contact: [email protected] 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor The Costello-Deitz Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 Palm Beach Board of Realtors. All rights reserved.

Data last updated 2:23 PM UTC, 5/9/2024

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