$9,000,000
1496 N Lake Way
Palm Beach, FL 33480
BOCA RATONE CO INLET
Explore the area: Palm Beach homes for sale · Palm Beach County real estate
Price Check
How this price compares
- List price
- $9,000,000
- Price per sq ft
- $3,122
- Original price
- Unchanged
- Days on market
- 111
This 2-bedroom single-family home in ZIP 33480 is listed at $9,000,000, or $3,122 per square foot. It has been on the market for 111 days.
Estimated monthly payment
$47,299 /mo
Principal and interest only, based on $1,800,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $9,000,000
- Days on Site
- 111 Days
- Bedrooms
- 2
- Total Baths
- 3
- Full Baths
- 2
- Partial Baths
- 1
- Living Area
- 2,883 sqft
- Total Sq Ft
- 4,225 sqft
- Lot Size
- 0.22 Acres
- Year Built
- 1954
- Property Type
- Single Family
- MLS #
- B26042044
- Property Tax
- $50,226 (2025)
- Subdivision
- BOCA RATONE CO INLET
- County
- Palm Beach
- Status
- Active
- Special Conditions
- Standard
About This Property
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.
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 1954
- Property Condition
- Resale
- Number of Stories
- 2
- Levels
- Two
- Garage Spaces
- 2
- Attached Garage
- Yes
- Parking
- Attached / Garage / Garage Door Opener
- Direction Faces
- North
- Lot Size (Acres)
- 0.22
- Living Sq Ft
- 2,883
- Total Sq Ft
- 4,225
- Structure Type
- House
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- R-B (city)
Interior Features
- Appliances
- Electric Range / Oven / Refrigerator
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Concrete / Marble
- Interior Features
- Breakfast Bar / Built In Features / Breakfast Area / Entrance Foyer / Garden Tub Roman Tub / Living Dining Room / Multiple Primary Suites / Split Bedrooms / Storage
- Main Level Bedrooms
- 0
- Main Level Baths
- 1
Exterior Features
- Construction
- Concrete
- Roof
- Flat
- Exterior Features
- Balcony / Outdoor Living Area / Storage
- Private Pool
- Yes
- Pool Features
- Free Form / In Ground / Other
- Patio & Porch
- Covered / Deck / Patio / Terrace / Balcony / Rooftop
- Lot Features
- Corner Lot / Landscaped / Many Trees / Sprinklers Automatic / Less Than Quarter Acre
- View
- Garden / Pool
Community & HOA
- Utilities
- Cable Available / Electricity Available / Sewer Available / Underground Utilities / Water Available
- Pets Allowed
- No Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- MLS Area
- 5001
Schools
- Elementary School
- Palm Beach Public
- High School
- Palm Beach Lakes
About the Area
Browse Palm Beach homes for sale across every neighborhood and price point in Palm Beach. Available homes span single-family, townhome, and condo segments throughout the city. Palm Beach includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Palm Beach, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Palm Beach market data, see Florida Realtors' monthly statistics. Browse the latest Palm Beach listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 305
- Median List Price
- $2,620,000
- Median $/Sq Ft
- $1,467
- Avg Days on Market
- 178
Frequently Asked Questions
- How do I schedule a tour of 1496 N Lake Way, Palm Beach, FL 33480?
- Use the Tour button on this listing to request a showing of 1496 N Lake Way, Palm Beach, FL 33480. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1496 N Lake Way, Palm Beach, FL 33480 still available?
- 1496 N Lake Way, Palm Beach, FL 33480 is currently listed as Active, and has been on the market 111 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1496 N Lake Way, Palm Beach, FL 33480?
- With 20% down ($1,800,000) on the $9,000,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1496 N Lake Way, Palm Beach, FL 33480 is about $47,299/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1496 N Lake Way, Palm Beach, FL 33480?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1496 N Lake Way, Palm Beach, FL 33480. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 1496 N Lake Way, Palm Beach, FL 33480?
- 1496 N Lake Way, Palm Beach, FL 33480 is zoned for Palm Beach Public (elementary), Palm Beach Lakes (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1496 N Lake Way, Palm Beach, FL 33480?
- Often, yes. The right offer on 1496 N Lake Way, Palm Beach, FL 33480 depends on how it's priced against comparable single family sales in Palm Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Compass Florida LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$9,000,000
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Listed by Margaret Sutton, Compass Florida LLC
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Recent Sales
Recently sold homes in ZIP 33480
These are the last 6 recorded closings in ZIP 33480, with the price each home actually sold for rather than what it was listed at. They closed at a median of $453 per square foot. The most recent closed on October 1, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$16,150,000
Sold · October 1, 2026
246 Emerald Lane
6 bed · 6.5 bath · 4,844 sqft · $3,334/sqft
$3,800,000 under the asking price
Sold$186,000
Sold · September 30, 2026
3605 S Ocean Boulevard 229
2 bed · 2 bath · 1,121 sqft · $166/sqft
$1,100 over the asking price
Sold$6,100,000
Sold · September 30, 2026
245 COLONIAL Lane
3 bed · 2 bath · 1,829 sqft · $3,335/sqft
$300,000 under the asking price
Sold$375,000
Sold · September 30, 2026
3475 S Ocean Boulevard 2020
2 bed · 2 bath · 1,395 sqft · $269/sqft
Sold$250,000
Sold · September 28, 2026
3589 S Ocean Boulevard 19
1 bed · 2 bath · 922 sqft · $271/sqft
$9,000 under the asking price
Sold$635,000
Sold · September 25, 2026
3546 S Ocean Boulevard 327
2 bed · 2 bath · 1,402 sqft · $453/sqft
$40,000 under the asking price
See every recorded sale in ZIP 33480 or find out what your ZIP 33480 home is worth.
