940 N Lake Way, Palm Beach, FL 33480

 -  $55,000,000

MLS® # RX-10939386

  • $55M Price
  • 156 Days On Market

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.

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Property

Location

  • NeighborhoodPalm Beach
  • Address940 N Lake Way
  • CityPalm Beach
  • StateFL

Size And Restrictions

  • Acres0.00
  • Lot Description1/2 to < 1 Acre

Taxes

  • Tax Amount$396,632
  • Tax Year2023

Improvements

  • Property SubtypeSingle Family Detached

Features

  • ViewCity, Intracoastal

Utilities

  • UtilitiesElectric, Public Water, Cable, Gas, Trash Removal

Market

Building

Energy Efficiency

  • Building FacesEast

Community

Home Owners Association

  • HOA Membership (Monthly)None

Info

  • OfficeSotheby's Intl. Realty, Inc.

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Listing information last updated on May 3rd, 2024 at 8:46pm EDT.