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1221 N Lake Way Palm Beach FL 33480 Sold 05/23/2025

Sold for $19,200,000
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~SOLD~
1221 N Lake Way, Palm Beach, FL 33480 Sold 05/23/25 1221 N Lake Way, Palm Beach, FL 33480 Sold 05/23/25 1221 N Lake Way, Palm Beach, FL 33480 Sold 05/23/25 1221 N Lake Way, Palm Beach, FL 33480 Sold 05/23/25

Zev Freidus Broker / President
Zev Freidus
Broker / President
561-235-2161
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Overview of 1221 N Lake Way

5 Bedrooms
5/1 Bathrooms
2 Car Garage
5,636 Square Feet
3,202SF Living Area
Pool:
Yes
Ocean Access
Year Built 1940

A beautifully renovated, masterful landmark of modernist architecture, the boat house combines the very best elements of life in palm beach - the perfect spot on the lakefront with dock and boat-lift, deeded ocean access at the mockingbird neighborhood beach cabana, and an incredibly elegant, exquisitely renovated, move-in ready home. This nautically themed art moderne home faces prow-forward toward dramatic sunsets, its rooftop deck overlooking the pool, dock and sparkling intracoastal. Sea-going touches include seamed hardwood floors, porthole windows and white-piped terrace railings. The house received a full renovation a few years ago and the current owners then made meaningful improvements of their own.

Those improvements include all new AC units including one for the garage, a high-end water filtration system, an oversized wine and beverage fridge, a smart home tech center and electric awning for the dining terrace. And to top it all off- an outdoor infrared sauna! (more photos and a video to follow)

This luxury single family home was built in 1940 and features 5 bedrooms, and 5 full bathrooms plus 1 half bath. This home for sale is 5,636 square feet, with 3,202 sq ft being air conditioned living space. The home has a 2 car garage and has a private swimming pool.

Directions to this property are as follows: Take North Lake Way North, House Is On The Left At Mockingbird.

Please contact your ZFC agent for more information about MLS# RX-10996763 or any other homes for sale in Palm Beach or elsewhere in the Palm Beach County area.

Features & Amenities

Appliances

Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Water Purifier, Washer

Cooling

Central Air

Heating

Central

Flooring

Hardwood, Terrazzo, Wood

Parking

Attached, Garage, Two Or More Spaces

Lot Dimensions

1/4 to 1/2 Acre

Lot Size

14662 Square Feet

View

Intercoastal, Pool view

Construction Materials

Block

Security Features

Security System

Interior Features

Breakfast Area, Entrance Foyer, Elevator, Family Dining Room, Fireplace, Pantry, Separate Shower, Walk In Closets

Furnished

Unfurnished

Exterior Features

Balcony, Deck, Patio

Property Condition

Resale

Patio And Porch Features

Balcony, Deck, Open, Patio

Pool Features

Heated, Pool

Roof

Tar Gravel

Window Features

Impact Glass

Utilities

Electricity Available, Natural Gas Available, Sewer Available, Water Available

Waterfront Features

Intracoastal Access, Navigable Water, No Fixed Bridges, Ocean Access, Seawall

Year Built

1940

Pets Allowed

Yes

Annual Real Estate Taxes

$216,985 (2023)

Legal Description

Mocking Bird Trail Tract S 65 Ft Of Lts 1 & 5

Property Type

Single Family Home

Buyer Financing

Conventional

Community Features

Non Gated

MLS Number

RX-10996763

Universal Property Id

U S-12099-N-50434303090000011-R-N

Days On Market

415

Community Name

Mockingbird Trail Tract

1221 N Lake Way Price Calculator

Get Mortgage Quote For This Home

The payment calculator figures for 1221 N Lake Way should be used as an estimate only. Loan terms including interest rate, and required downpayment will vary with each lender and/or individual. RE taxes for this home for sale are estimated based on the actual property taxes for this property for the tax year 2023 which are $216,985 but will likely change when this home sells. These estimations are calculated from a list price of $23,500,000 and a 25% down payment and do not include homeowners insurance which will vary greatly depending on the home characteristics and location.

Recent Home Sales near 1221 N Lake Way

Address Sale Price Bed Bth Size Location Sale Date
218 Miraflores Drive $Log in to view 5 5/1 5,259SF Drake Park 03/14/2025
245 Atlantic Avenue $Log in to view 5 5/0 5,085SF Orange Grove Park 06/30/2025
245 Barton Avenue $Log in to view 5 5/1 4,590SF Reverie 01/08/2025
153 Kings Road $Log in to view 5 6/3 6,789SF Boulevard Estates 03/12/2025
110 Wells Road $Log in to view 5 6/1 6,493SF Adams 06/18/2025
259 Merrain Road $Log in to view 5 6/1 6,439SF Mc Intosh Homesites P B I 04/29/2025
168 Kings Road $Log in to view 5 6/1 5,525SF Boulevard Estates In 02/21/2025
216 Southland Road $Log in to view 5 6/2 5,433SF East Shore Add In 04/21/2025
345 Pendleton Lane $Log in to view 5 3/1 5,340SF Cocoanut Grove 11/15/2024
234 Eden Road $Log in to view 5 6/2 4,951SF Eden Properties 04/03/2025
550 Island Drive $Log in to view 6 5/1 6,207SF Everglades Island 01/08/2025
233 Tradewind Drive $Log in to view 4 5/1 5,522SF Dodge Estates In 01/06/2025

MLS# RX-10996763 Listing History

06/16/2024 Listed for sale by Sotheby's Intl. Realty, Inc. with MLS# RX-10996763 with a list price of $24,950,000.
05/23/2025 Sold For $19,200,000 by John F Cregan with Sotheby's Intl. Realty, Inc..

Palm Beach County Schools

Middle School

This listing of 1221 N Lake Way Palm Beach FL 33480 was last updated on 2025-05-23 10:08:03. Listing courtesy of Sotheby's Intl. Realty, Inc..
MLS

Map of 1221 N Lake Way Palm Beach FL 33480

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Zev Freidus Broker / President
Zev Freidus
Broker / President
561-235-2161
Call Me
Text Me
Email Me
When clicking Submit Request, you are registering to this website and agreeing that ZFC Real Estate, its affiliates or associated third parties may contact you, including with calls or texts by automated means. You also agree to our Terms of Use and Privacy Policy

The data relating to homes for sale or lease or other real estate for sale or for rent on the ZFC website comes in part from a cooperative data exchange program of the MLS in which this Broker participates. The real estate displayed may not be all of the homes in the database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Homes for sale that are listed by Brokers other than this Broker are marked with either the listing Broker's name or the MLS name or a logo provided by the MLS and the details page about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. ZFC, the Florida Association of Realtors and its cooperating Multiple Listing Services do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law including the fair housing act prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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