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Bean Group
Offered at $9,000,000Active
beds
2
baths
3
sq ft
2,883
Built
1954

1496 N Lake Way

Palm Beach, FL 33480

About this home

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.

Listing last checked: Listing updated:

Listed by Margaret Sutton · Compass Florida LLC · MLS #B26042044

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Details at a glance

Interior3 property facts
Heating
Central
Cooling
Central Air
Flooring
Concrete, Marble
Building5 property facts
Style
Single Family Residence
Year built
1954
Garage
2
Parking
6
Roof
Flat
Land & utilities4 property facts
Lot size
0.22 acres
Water
Public
Sewer
Public Sewer
Zoning
R-B (city)
Financial2 property facts
Annual taxes
$50,226
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $9,000,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$49,694 / monthAdjust
Principal & interest
$45,509
Property tax
$4,186
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $50,226. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 1496 N Lake Way

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Request a tour of 1496 N Lake Way and a Bean Group agent will help coordinate an available time with the listing side.

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

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