by Global Lifestyle Properties

See Home Value
Palm Beach 33480
735 N Lake Way
$4,025,740
● House - Off Market

735 N Lake Way

Palm Beach, FL 33480
bedrooms
5 Beds
bathrooms
7 Baths, 1 Half Bath
square feet
5,306 Ft²
$10,838,839
RealtyHop Estimate
116.99%
Since Jun 1, 2012
National-US
Primary Model

About This Property

Custom colonial on 23,000 SF lot with beautiful gardens between main house and guest/pool cabana. 4 BR, 4.5 BA plus 1/1 guesthouse with outdoor living room, summer kitchen & cabana bath. Classical proportions, impact glass, pool & 2 hot tubs. This custom built colonial sits on a spectacular 23,000 square foot estate-size lot and features beautiful gardens between the main house and the guest house/pool cabana. The main house has 4 bedrooms and 4.5 baths, while the guesthouse features an outdoor living room, a state-of-the art Viking summer kitchen and cabana bath, as well as a bedroom and kitchenette suite. The house is classically proportioned with beautiful bones and features 11-foot ceilings downstairs and 9-foot ceilings on the second floor. There ... (see supplement for full remarks) Custom colonial on 23,000 SF lot with beautiful gardens between main house and guest/pool cabana. 4 BR, 4.5 BA plus 1/1 guesthouse with outdoor living room, summer kitchen & cabana bath. Classical proportions, impact glass, pool & 2 hot tubs.This custom built colonial sits on a spectacular 23,000 square foot estate-size lot and features beautiful gardens between the main house and the guest house/pool cabana. The main house has 4 bedrooms and 4.5 baths, while the guesthouse features an outdoor living room, a state-of-the art Viking summer kitchen and cabana bath, as well as a bedroom and kitchenette suite. The house is classically proportioned with beautiful bones and features 11-foot ceilings downstairs and 9-foot ceilings on the second floor. There is plenty of room for expansion in the main house and the guesthouse as well. The property includes every modern day feature you would expect, including impact windows and doors, multiple wine caves and safes, motorized shades, screens and shutters, two hot tubs and smart-house lighting with surround sound audio visual throughout the home. This house allows you to experience the amazing tropical Florida winters because you will live outdoors between in main house loggia, the master terrace or the guesthouse living room all looking over the formal yet inviting pool and garden. This is an amazing opportunity to own a custom built estate in the near northend. ** Sq Ft & lot size reflects floor plan 2012 **
Unit Size
5,306 Ft²
Days on Market
109 days
Land Size
-
Price per sqft
$941
Property Type
House
Property Taxes
$4,922
HOA Dues
-
Year Built
1991

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (Beaches MLS #R3255284)

Price History

Date / Event Date Event Price
May 21, 2014 Sold
Sold
Feb 18, 2014 Listed by The Corcoran Group $6,995,000
Listed by The Corcoran Group
May 14, 2012 Sold
Sold
Jan 26, 2012 Listed by The Corcoran Group $4,995,000
Listed by The Corcoran Group

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 2005
  • Building Count: 3
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 200
  • Floor Cover: 7
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 22,865
  • Lot Size Depth Feet: 110
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 6,732
  • Gross Building Area: 6,732
  • Building Area: 4,783
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 4,783
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARK RAFALSKY
  • Land Acres: 0000000525
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: MARK RAFALSKY TR LTS 65 THRU 68

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 003507

Zoning

  • Zoning: R-B

Geography

  • Assessors Map Reference: 123
  • Subdivision Tract Number: LTS
  • Parcel: 50-43-43-10-04-000-0650
  • Lot: 65
  • Meridian: SEC 10 TWN 43S RNG 43E
  • Municipality: PALM BEACH
  • Latitude: 26.7401
  • Longitude: -80.0395

    Address

  • Full Address: 735 N Lake Way
  • Address - House Number: 735
  • Street Direction: N
  • Address - Street Name: Lake
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Palm Beach
  • Carrier Code: C003
  • 4-Digit Zip Code: 3328
  • Zip Code: 33480

Valuation

    Tax

  • Total Area: 5,165
  • Tax Year: 2022
  • Tax Amount: $9,579,982
  • Tax Rate Code Area: 50411

    Appraisal Valuation

  • Standard Deviation: 0.2419
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 66
  • Final Value: 5,109,417
  • High Value: 6,345,857
  • Low Value: 3,872,977

    Market Valuation

  • Market Total Value: $12,196,960
  • Market Land Value: $8,474,190
  • Market Improvement Value: $3,722,770

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $6,110,511

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 20, 2014
  • Current Sale Recording Date: May 21, 2014
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20140187708
  • Previous Sale Recording Date: May 15, 2012
  • Previous Sale Contract Date: May 02, 2012
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Palm Beach


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 520 28th Street, West Palm Beach, FL, 33407

$9,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,296 ft²
520 28th Street, West Palm Beach, FL, 33407 Listing by Seth Koretzky
Unit for rent at 184 Sunset Avenue, Palm Beach, FL, 33480

$5,950 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
184 Sunset Avenue #303, Palm Beach, FL, 33480 Listing by Nicholas Sliva
Unit for rent at 515 52nd Street, West Palm Beach, FL, 33407

$5,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,090 ft²
515 52nd Street, West Palm Beach, FL, 33407 Listing by Jose Orlando Ramirez


Frequently Asked Questions

When was property at 735 North Lake Way built and last sold?
The property at 735 North Lake Way was built in 1991 and last sold on May 20, 2014 for $6,800,000.
How much is this home worth?
The estimated value of the home located at 735 North Lake Way is $7,056,096.
What are some comparable homes to 735 North Lake Way?
There are currently no comparable homes to 735 North Lake Way.