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1197 N Lake Way, Palm Beach, FL

$22,800,000 - $22.8M Price - 6 Beds - 11 Baths - 9,878 Sqft

Built in 2003 to the highest standards, this impressive lakefront estate is characterized by high ceilings, deep overhangs, large porches, and numerous windows taking in spectacular Intracoastal Waterway and sunset views. Perfect for entertaining, the grand two-story living room has a soaring gabled ceiling with wooden beams and elegant details.Expansive second-floor windows flood the room with natural light. The home is designed for an indoor-outdoor lifestyle, with the main living spaces flowing out to porches with relaxing sitting areas overlooking 165 ft. of lntracoastal frontage, beautifully landscaped grounds, and the sumptuous pool. Boasting 9,878 sq ft of interior space, the house has five bedrooms, seven full baths and four half baths, separate staff quarters, and a spacious two-car garage. A deep-water dock can accommodate a boat of up to 100 ft., and there is also deeded access to the oceanfront beach cabana at Mockingbird Trail, making the most of this exquisite location.

Essential Information

For 1197 N Lake Way, Palm Beach, FL
  • MLS® # RX-10397823
  • Price $22,800,000
  • Bedrooms 6
  • Bathrooms 11.00
  • Full Baths 7
  • Half Baths 4
  • Square Footage 9,878
  • Acres 0.00
  • Year Built 2003
  • Type Residential
  • Sub-Type Single Family Detached
  • Status Active

Community Information

For 1197 N Lake Way, Palm Beach, FL
  • Address 1197 N Lake Way
  • Area 5001
  • Subdivision MOCKING BIRD TRAIL TRACT
  • City Palm Beach
  • County Palm Beach
  • State FL
  • Zip Code 33480

Amenities

For 1197 N Lake Way, Palm Beach, FL
  • Amenities None
  • Parking Garage - Attached
  • # of Garages 2
  • Is Waterfront Yes
  • Waterfront Intracoastal
  • Has Pool Yes

Utilities

For 1197 N Lake Way, Palm Beach, FL

3-Phase Electric, Public Sewer, Public Water

Interior

For 1197 N Lake Way, Palm Beach, FL
  • Interior Features Volume Ceiling
  • Heating Central
  • Cooling Central
  • # of Stories 2
  • Stories 2.00

Appliances

For 1197 N Lake Way, Palm Beach, FL

Dishwasher, Dryer, Refrigerator, Washer

Exterior

For 1197 N Lake Way, Palm Beach, FL
  • Lot Description 1/2 to < 1 Acre
  • Construction CBS

Additional Information

For 1197 N Lake Way, Palm Beach, FL
  • Zoning RB

Listing Details

For 1197 N Lake Way, Palm Beach, FL
  • Office Brown Harris Stevens of PB

Price Change History for 1197 N Lake Way, Palm Beach, FL (MLS® #RX-10397823)

Date Details Change
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Price Reduced from $24,000,000 to $22,800,000 $1,200,000 (5.00%)
Status Changed from New to Active

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Listing information last updated on January 21st, 2019 at 9:00am EST.