940 N Lake Way, Palm Beach, FL 33480

$50,000,000

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Sold Price
$50,000,000
List Price
$55,000,000
Closing Date
May 21, 2024
MLS#
R10939386
Lot Size
34,848
Subtype
Unimproved Land
County
Palm Beach
Subdivision
Palm Beach

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.

Additional Information

Taxes
$396,632
Utilities
Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
View
City, Intercoastal
Waterfront
Intracoastal Access
Acres
0.80

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Calculator source: Real Geeks

Listing courtesy of Sotheby's Intl. Realty, Inc.. Contact:

Selling Office: Christian Angle Real Estate.