1421 N Lake Way, Palm Beach, FL 33480

4 bed · 3 bath · 2,388 sqft · Built 1950

RARE OPPORTUNITY!! Palm Beach's coveted North End on Cabana street. This exceptional property offers endless possibilities. Perfectly livable yet primed for a custom rebuild, this oversized lot comes with previously approved ARCOM plans (plans are expired, not to resubmit), allowing for a seamless transition to your dream home. Proposed home will be 5,585 LSF and 6,293 TSF, with 4-beds in the main house plus convertible den (office/library) and 2-bed in guest house. Currently, the beautifully updated main house features two elegant bedrooms with rich wood flooring, spacious closets, and two tastefully designed bathrooms with walk-in showers. A charming guest cottage, connected by a covered walkway, provides a private retreat with two additional bedrooms, a cozy sitting area, and a full bath. The meticulously landscaped grounds are a private oasis, complete with a heated pool and spillover spa, surrounded by lush greenery. Whether you choose to enjoy this serene setting as is or bring your vision to life with the approved new construction plans, this prime North End location ensures unparalleled luxury and value. Close proximity to the Sailfish Club and bike path. A rare chance to build or enjoy as is-don't miss this extraordinary opportunity!

Property type

SingleFamilyResidence

Condition

Resale

Year built

1950

Stories

1

Subdivision

NORTH SHORE

Waterfront

No

Waterfront features

None

Private pool

Yes

Parcel number

50434234080000420

Annual tax

$108,933

County just value

$7,219,529

The Town of Palm Beach proper — South Ocean Blvd estates, North End, and Worth Avenue. Listings here turn through private channels first; what reaches public MLS is curated.