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Property Description
Exceptional North End Opportunity! Unlock the potential of this prime 10,882± SF Island parcel, perfectly positioned on a rare coral ridge with an impressive 13+ feet of elevation. Whether you choose to reimagine the existing Regency-style residence or build your dream home, the possibilities are endless. The current layout features soaring ceilings, 3 bedrooms, 3.5 baths, a sparkling pool, new roof, and a whole-house generator-providing an excellent foundation for a stunning transformation. A coveted North End location combines privacy, prestige, and proximity to the best of Palm Beach. DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. "No payments made until title passes" Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Information published or otherwise provided by seller, listing company or its representatives is deemed reliable but are not guaranteed and subject to errors, omissions, or changes without notice. Copyright 2025 by the listing company. All Rights Reserved.
Full Property Details
Full Property Details for 740 N Lake Wy
General
- Sold For: $7,000,000
- Taxes: $108,912 (2024)
- Status: Closed
- Type: Single Family
- Source: Regional
- MLS ID: R11123937
- Added to Site: 171 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Dual Sinks
- Fireplace: Yes
- Appliances: Dryer, Dishwasher, Washer
- Furnishings: Unfurnished
- Flooring: Marble
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
- Main Floor Baths: 4
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Other Rooms
- Laundry: Inside
Additional Information
- Shared Amenities: None
- Pool: Yes
- Private Pool: Yes
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Attached, Garage
Location
- County: Palm Beach
- Subdivision: RAFALSKY MARK
- Direction Faces: East
Community
- Community Name: 5001
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Utility Description: Natural Gas Available
Structural Information
- Construction: Block
- Stories/Levels: 1
- Building Size: 3294
- Square Feet: 2,993
- Living Area: 2,993 Sq. Ft.
- Year Built: 1985
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 10,890
- Lot Dimensions: 100.0 ft x 117.0 ft
- Lot Features: 1/4 Acre
- Zoning: R-B(ci
Water Features
- Water Front View: None
Financial Considerations
- Tax Amount: $108,912
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: MARK RAFALSKY TR NLY 100 FT OF ELY 117 FT OF LT 116 AS IN OR5176P1982
- Property ID: 50434310040001161
Listed by Premier Estate Properties, Inc
Sold by Waterfront Properties & Club C
Get Pre-Approved Today
Schools
Schools serving 740 N Lake Wy
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Palm Beach Public School 239 Cocoanut Row, Palm Beach, FL 33480 | K-5 | 2.3 mi |
Conniston Middle School 3630 Parker Avenue, West Palm Beach, FL 33405 | 6-8 | 4.5 mi |
Palm Beach Lakes High School 3505 Shiloh Drive, West Palm Beach, FL 33407 | 9-12 | 4.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 740 N Lake Wy
Date
Details
Price
Change
Source
10/08/2025
Sold
$7,000,000
-11.95%
MLS
9/15/2025
Listed
$7,950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
740 N Lake Way, Palm Beach, FL 33480 (MLS# R11123937) is a Single Family property that was sold at $7,000,000 on October 08, 2025. Want to learn more about 740 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.

