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$9,000,000

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 2,883 Sq. Ft.
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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.

Full Property Details for 1496 N Lake Wy

General

  • Price: $9,000,000
  • Taxes: $50,226 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Regional
  • MLS ID: B26042044
  • Updated: 9/4/2026
  • Added to Site: 112 day(s) ago

Interior

  • Interior Features: Breakfast Bar, Built-in Features, Breakfast Area, Entrance Foyer, Garden Tub/Roman Tub, Living/Dining Room, Multiple Primary Suites, Split Bedrooms, Storage
  • Appliances: Electric Range, Oven, Refrigerator
  • Flooring: Concrete, Marble

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Floor Baths: 1

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: Free Form, In Ground, Other

Exterior

  • Exterior Features: Balcony, Outdoor Living Area, Storage
  • Porch/Patio/Deck: Covered, Deck, Patio, Terrace, Balcony, Rooftop

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Total Spaces: 6
  • Parking Features: Attached, Garage, Garage Door Opener

Location

  • County: Palm Beach
  • Subdivision: BOCA RATONE CO INLET
  • Driving Directions: N Lake Way to corner of Mediterranean and N Lake Way
  • Direction Faces: North

School Information

  • Elementary School: Palm Beach Public
  • High School: Palm Beach Lakes

Community

  • Community Name: 5001
  • Pets Allowed: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available

Structural Information

  • Structure Type: House
  • Construction: Concrete
  • Roof: Flat
  • Entry Floor Number: 1
  • Stories/Levels: 2
  • Building Size: 4225
  • Square Feet: 2,883
  • Sq. Ft. Source: Assessor
  • Living Area: 2,883 Sq. Ft.
  • Year Built: 1954
  • Property Condition: Resale

Lot Features

  • Property View: Garden, Pool
  • Lot Size (Acres): 0.22
  • Road Maintenance: Public Maintained Road
  • Lot Features: Corner Lot, Landscaped, Many Trees, Sprinklers Automatic, 1/4 Acre
  • Zoning: R-B (city)
  • Fencing (Description): Back Yard, Masonry

Financial Considerations

  • Assessment Amount: $2,600,475
  • Tax Amount: $50,226.34
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: BOCA RATONE CO INLET SUB REV LAKE FRONT ADD W 10 FT OF LT 107 & LT 114
  • Property ID: 50434234030001071

Listed by Compass Florida LLC

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Listing agent

— 1496 N Lake Wy —

  • Compass Florida LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1496 N Lake Wy

School District:Palm Beach County School District
NameGradesDistance
Palm Beach Public School
239 Cocoanut Row, Palm Beach, FL 33480
K-54.2 mi
Conniston Middle School
3630 Parker Avenue, West Palm Beach, FL 33405
6-86.3 mi
Palm Beach Lakes High School
3505 Shiloh Drive, West Palm Beach, FL 33407
9-124.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1496 N Lake Wy Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/17/2026
Listed
$9,000,000
1536.36%
MLS
5/14/1999
Sold
$550,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1496 N Lake Wy

Year
Property Taxes
Change
Tax Assessment
Change
2025
$50,226
2%
$2,600,475
-42%
2024
$49,326
18%
$4,498,733
27%
2023
$41,903
14%
$3,542,544
25%
2022
$36,635
24%
$2,831,772
59%
2021
$29,499
—
$1,776,159
8%
2021
$29,499
14%
$1,646,276
10%
2019
$25,957
3%
$1,501,224
—
2018
$25,136
-2%
$1,501,017
5%
2017
$25,586
4%
$1,423,376
10%
2016
$24,621
8%
$1,293,978
10%
2015
$22,896
11%
$1,176,344
10%
2014
$20,689
17%
$1,069,404
10%
2013
$17,718
—
$972,185
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Compass Florida LLC

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1496 N Lake Way, Palm Beach, FL 33480 (MLS# B26042044) is a Single Family property with 2 bedrooms, 2 full bathrooms and 1 partial bathroom. 1496 N Lake Way is currently listed for $9,000,000 and was received on June 17, 2026. Want to learn more about 1496 N Lake Way? Do you have questions about finding other Single Family real estate for sale in Palm Beach? You can browse all Palm Beach real estate or contact a Coldwell Banker agent to request more information.

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