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$20,902,062

Listing Price

5beds

6baths

3,202sqft

14,662sqft lot

1221 N Lake Way, Palm Beach, FL 33480

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

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For Sale

Off Market

Single Family

Home type

6527.81

Price / sqft

1940

Year built

Home Details

A beautifully renovated, masterful landmark of Modernist architecture, the Boat House combines the very best elements of life in Palm Beach - the perfect spot on the lakefront with dock and boat-lift, deeded ocean access at the Mockingbird neighborhood beach cabana, and an incredibly elegant, exquisitely renovated, move-in ready home. This nautically themed Art Moderne home faces prow-forward toward dramatic sunsets, its rooftop deck overlooking the pool, dock and sparkling Intracoastal. Sea-going touches include seamed hardwood floors, porthole windows and white-piped terrace railings. The house received a full renovation a few years ago and the current owners then made meaningful improvements of their own.

Interior Details

Square Feet
  • 3202

Bedrooms
  • 5

Bathrooms
  • 6

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Electric

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Wood (unspecified)

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 14662

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 2

Style
  • N/A

Exterior
  • Concrete Block

Foundation
  • N/A

Roof
  • Flat

Roofing Material
  • Builtup (layered Asphalt)

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$103,510

$4,573,110

$15,667

--%

$4,588,777

2019

$103,510

$6,060,000

$15,987

--%

$6,075,987

2018

$94,194

$5,700,516

$7,330

--%

$5,707,846

2017

$92,528

$0

$0

--%

$5,128,644

2016

$92,249

$0

$0

--%

$4,662,404

2014

$71,528

$0

$0

--%

$3,857,808

2013

$63,477

$0

$0

--%

$3,507,098

2012

$58,630

$0

$0

--%

$3,188,271

percent-home-icon

Average Home Price in 33480

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$14,500,000

4 Beds

6 Baths

3,642 Sqft

10,202 Lot (sqft)

Sold 09/29/2026

$8,582,649

7 Beds

6 Baths

3,470 Sqft

12,724 Lot (sqft)

Sold 09/29/2026

$11,500,000

6 Beds

4.5 Baths

3,130 Sqft

12,772 Lot (sqft)

Sold 10/05/2026

$8,280,251

4 Beds

3.5 Baths

2,847 Sqft

9,400 Lot (sqft)

Sold 10/06/2026

$11,900,000

4 Beds

4 Baths

3,408 Sqft

12,502 Lot (sqft)

Sold 10/06/2026

$6,133,519

-- Beds

2.5 Baths

2,782 Sqft

7,048 Lot (sqft)

Sold 10/06/2026

$8,895,000

5 Beds

3.5 Baths

3,057 Sqft

12,711 Lot (sqft)

Sold 09/29/2026

$15,790,000

4 Beds

5 Baths

3,625 Sqft

10,720 Lot (sqft)

Sold 09/29/2026

$5,580,510

4 Beds

3.5 Baths

2,759 Sqft

8,154 Lot (sqft)

Sold 09/29/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
20,902,062
$
Down payment
4,180,412.40
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
125,412.37
$
HOA (Monthly)
0
$
PMI
0
$
$135,303
Your Payment
Total Monthly Payment:$135,303
Percent of Income:2319%
Affordable:No

Details for 1221 N LAKE WAY

Property Debt

Foreclosure Contact Details