1197 N Lake Way, Palm Beach Property Listing: MLS® #RX-10397823
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1197 N Lake Way, Palm Beach, FL – $22,800,000

  • $22.8M Price
  • 6 Beds
  • 11 Baths
  • 9,878 Sqft
  • $22.8M Price
  • 6 Beds
  • 11 Baths
  • 9,878 Sqft

Paul Schafranick

Cell: 561-255-7285

1197 N Lake Way

Built in 2003 to the highest standards, this impressive lakefront estate is characterized by high ceilings, deep overhangs, large porches, and numerous windows taking in spectacular Intracoastal Waterway and sunset views. Perfect for entertaining, the grand two-story living room has a soaring gabled ceiling with wooden beams and elegant details.Expansive second-floor windows flood the room with natural light. The home is designed for an indoor-outdoor lifestyle, with the main living spaces flowing out to porches with relaxing sitting areas overlooking 165 ft. of lntracoastal frontage, beautifully landscaped grounds, and the sumptuous pool. Boasting 9,878 sq ft of interior space, the house has five bedrooms, seven full baths and four half baths, separate staff quarters, and a spacious two-car garage. A deep-water dock can accommodate a boat of up to 100 ft., and there is also deeded access to the oceanfront beach cabana at Mockingbird Trail, making the most of this exquisite location.

Essential Information

  • MLS® #RX-10397823
  • Price$22,800,000
  • Bedrooms6
  • Bathrooms11.00
  • Full Baths7
  • Half Baths4
  • Square Footage9,878
  • Acres0.00
  • Year Built2003
  • TypeResidential
  • Sub-TypeSingle Family Homes
  • StatusActive

Community Information

  • Address1197 N Lake Way
  • Area5001
  • SubdivisionMOCKING BIRD TRAIL TRACT
  • CityPalm Beach
  • CountyPalm Beach
  • StateFL
  • Zip Code33480

Amenities

  • AmenitiesNone
  • ParkingGarage - Attached
  • # of Garages2
  • Is WaterfrontYes
  • WaterfrontIntracoastal Front
  • Has PoolYes

Utilities

3-Phase Electric, Public Sewer, Public Water

Interior

  • Interior FeaturesVolume Ceiling
  • HeatingCentral
  • CoolingCentral
  • # of Stories2
  • Stories2.00

Appliances

Dishwasher, Dryer, Refrigerator, Washer

Exterior

  • Lot Description1/2 to < 1 Acre
  • ConstructionCBS

Additional Information

  • ZoningRB
  • HOA Fees0.00

Listing Details

  • OfficeBrown Harris Stevens of PB
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Price Change History for 1197 N Lake Way, Palm Beach, FL (MLS® #RX-10397823)

Date Details Change
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Price Reduced from $24,000,000 to $22,800,000 $1,200,000 (5.00%)
Status Changed from New to Active

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2018 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed.
© 2018 Beaches Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on November 13th, 2018 at 4:40pm EST.

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