ActiveMLS® B26042044
$9,000,000
1496 N Lake Way, Palm Beach, FL 33480
- Beds
- 2
- Baths
- 3
- Sqft
- 2,883
- Home type
- Single Family Residence
- Year built
- 1954
- Lot size
- 9,583 sqft
- Price / sqft
- $3,122
- HOA
- $0/mo
- Community
- BOCA RATONE CO INLET
Property description
A rare mid-century modern residence designed by renowned Spanish architect, Javier de Olaso, reflecting the relaxed elegance of indoor-outdoor lifestyle in Ibiza. Thoughtfully designed to draw the eye toward the lush gardens, sculptures and private yard, the home enjoys beautiful views from nearly every room and the balcony. Set on a secluded .22 acre corner lot at North Lake Way and Mediterranean Road on Palm Beach Island's coveted North End, this exceptional property offers an opportunity to restore and reimagine an architectural gem or create a remarkable new residence. Just moments from the Intracoastal, inlet and ocean, and surrounded by mature tropical landscaping, this is truly a special Palm Beach offering.
Listing activity
- Days on market
- 94
- Listed
- Jun 17, 2026
- MLS listing updated
- Sep 14, 2026
- Feed last checked
- 8 minutes ago
Listed by Margaret Sutton · Compass Florida LLC
Map
Map location is based on MLS-supplied coordinates. Verify the location before relying on it.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms
- 2
- Bathrooms
- 3
- Bathrooms (decimal)
- 2.5
- Full bathrooms
- 2
- Half bathrooms
- 1
- Main-level bedrooms
- 0
- Main-level bathrooms
- 1
Rooms & features
- Rooms
- 3
- Interior features
- Bedroom Layout - Split, Built-in Features, Entrance Foyer, Roman Tub, Storage
- Flooring
- Concrete, Marble
- Appliances
- Electric Range, Oven, Refrigerator
- Fireplace
- No
Heating & cooling
- Heating
- Central
- Cooling
- Central Air
Property
Parking
- Garage spaces
- 2
- Garage
- Yes
- Carport
- No
- Parking spaces
- 6
- Covered spaces
- 2
- Parking features
- Attached Garage, Garage, Garage Door Opener
- Attached garage
- Yes
Exterior
- Stories
- 2
- Building area
- 4,225 sqft
- Entry level
- 1
- Patio & porch
- Patio - Open, Patio - Covered, Terrace, Patio, Deck
- Exterior features
- Balcony, Private Rooftop Terrace, Storage
- Fencing
- Back Yard, Masonry
- Pool
- Yes
- Pool features
- Free Form, In Ground
- View
- Garden, Pool
- Waterfront property
- No
Lot
- Lot size
- 9,583 sqft
- Lot size (acres)
- 0.22 acres
- Lot features
- Corner Lot, Landscaped, Many Trees
- Zoning
- R-B (city)
- Road surface
- Paved
- Road responsibility
- Public Maintained Road
Construction
Type & style
- Home type
- Single Family Residence
- Structure type
- House
- Architectural style
- Mid Century Modern
- Year built
- 1954
- New construction
- No
Materials
- Construction
- Concrete
- Roof
- Flat
- Property condition
- Resale
- Levels
- Two
- Faces
- North
Utilities & green energy
Utilities
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Cable Available, Electricity Available, Sewer Available, Water Available, Underground Utilities
Community & HOA
Community
- Subdivision
- BOCA RATONE CO INLET
- MLS area
- 5001
- MLS subarea
- PB30
- Pets allowed
- No Restrictions, Yes
- 55+ community
- No
Association
- Has association
- No
- Estimated monthly dues
- $0
Lease details
Not reported by the listing source.
Location
Area details
- City
- Palm Beach
- County
- Palm Beach
- ZIP code
- 33480
Manufactured home details
Not reported by the listing source.
Financial & listing details
Listing
- MLS number
- B26042044
- Possession
- Close Of Escrow
- Original list price
- $9,000,000
- Parcel number
- 50434234030001071
- Annual property tax
- $50,226.34
- Tax year
- 2025
- Assessed value
- $2,600,475
- Tax legal description
- BOCA RATONE CO INLET SUB REV LAKE FRONT ADD W 10 FT OF LT 107 & LT 114
- Special listing conditions
- Standard
Additional MLS details
Reported by the listing source
- Association
- No
- Bathrooms Total Decimal
- 2.5
- Bathrooms Total Integer
- 3
- Building Area Total
- 4225
- Construction Materials
- Concrete
- County Or Parish
- Palm Beach
- Days On Market
- 94
- Direction Faces
- North
- Elementary School
- Palm Beach Public
- High School
- Palm Beach Lakes
- List Price
- 9000000
- Living Area
- 2883
- Lot Size Acres
- 0.22
- Lot Size Area
- 9583.2
- MLSArea Major
- 5001
- MLSArea Minor
- PB30
- Main Level Bathrooms
- 1
- Main Level Bedrooms
- 0
- Mls Status
- Active
- On Market Date
- 2026-06-17
- Parking Total
- 6
- Patio And Porch Features
- Patio - Open, Patio - Covered, Terrace, Patio, Deck
- Postal Code
- 33480
- Property Sub Type
- Single Family Residence
- Property Type
- Residential
- Road Surface Type
- Paved
- Rooms Total
- 3
- Senior Community
- No
- Standard Status
- Active
- State Or Province
- FL
- Status Change Timestamp
- 2026-06-17T03:42:56Z
- Stories Total
- 2
- Subdivision Name
- BOCA RATONE CO INLET
- Tax Assessed Value
- 2600475
- Water Source
- Public
- Tax Annual Amount
- 50226.34
- Bathrooms Full
- 2
- Pool Private
- Yes
- Bedrooms Total
- 2
- Waterfront
- No
- Bathrooms Half
- 1
Market value
Price history
| Date | Event | Price |
|---|---|---|
| Jun 17, 2026 | ListedBeachesMLS | $9,000,000$3,122/sqft |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2025 | $50,226 | $2,600,475 |
Payment calculator
Estimated monthly payment$55,385/moIllustrative estimate, not a loan offer.
- Principal & interest
- $46,699
- Property taxes
- $4,186
- Insurance
- $4,500
- Association dues
- $0
Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.
Neighborhood
Area
BOCA RATONE CO INLETPalm Beach · Palm Beach County · 33480
Climate risk
—No licensed climate-risk source is connected.
Nearby schools
Palm Beach PublicElementary
—Palm Beach LakesHigh
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