Land in Palm Beach, FL 33480Palm Beach Residential, 940 N Lake Way
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Closed
0.8
AcreStatus
Sold - May 21, 2024
Size
0.8 Acres (3,237 m2)
Price
$62,500,000/Acre ($15,444/m2)
Type
Land
MLS Number
R10939386
View
City,Intercoastal
On Site
1019 Days
Updated
92 Days ago
Page Views
0
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.
Features
All features
- Current Use: SingleFamily
- Approx SqFt Total Area: 34848
- Property SqFt: 34848
- Remarks: 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.
- Internet Remarks: 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.
- View: City,Intercoastal
- Waterfront: Yes
- Directions: East
- Days on Market: 126
- Closing Date: 2024-05-21
- Compass Point: N
- Office Name: Sotheby's Intl. Realty, Inc.
- Taxes: 396632
- Tax Year: 2023
- Listing Date: 2023-11-29T17:01:39.000-00:00
- Lot Size Square Feet: 34848
Apples-to-Apples Comparables
Price History
Current
$50M
High
$59M
Low
$50M
Total Change
-15.3%Date
Event
Price
Change
Price Per
05/21/2024
Sold
$50M
-9.09%$1,435 ft2
$15,444 m2
02/01/2024
Price Reduced
$55M
-6.78%$1,578 ft2
$16,989 m2
11/29/2023
Listed
$59M
 $1,693 ft2
$18,224 m2
05/21/2024
$50M
Event
Sold
Change
-9.09%Price Per
$1,435 ft2
$15,444 m2
02/01/2024
$55M
Event
Price Reduced
Change
-6.78%Price Per
$1,578 ft2
$16,989 m2
11/29/2023
$59M
Event
Listed
Price Per
$1,693 ft2
$18,224 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Todd Peter • Sotheby's Intl. Realty, Inc. • Buyer Agency Compensation .
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Scores
9
100
47
100
78
100
0
100
28
100
0
100
Community Snapshot
4 – 12 BR
Bedrooms
$5.8M – $185M
Price Tier
938 - 17,572
SqFt Range
1955
Year Build
2
Total Floors
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