Bought with Christian Angle Real Estate
$50,000,000
$55,000,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
940 N Lake WAY Palm Beach, FL 33480
0.8 Acres Lot
Key Details
Sold Price $50,000,000
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Sold
Purchase Type For Sale
Subdivision Palm Beach
MLS Listing ID RX-10939386
Sold Date 05/21/24
HOA Y/N No
Annual Tax Amount $396,632
Tax Year 2023
Lot Size 0.800 Acres
Property Description
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.
Location
State FL
County Palm Beach
Area 5001
Zoning Residsential
Exterior
Utilities Available Electric, Electric Service Available, Gas, Public Water, Sewer
Waterfront Description Intracoastal
Water Access Desc Lift,Over 101 Ft Boat,Private Dock
View City, Intracoastal
Exposure East
Building
Lot Description 1/2 to < 1 Acre
Others
Acceptable Financing Cash
Horse Property No
Listing Terms Cash
Financing Cash
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