940 N Lake Way, Palm Beach, FL 33480

$50,000,000
5
BD
7
BA
7,448
SqFt

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Sold Price
$50,000,000
List Price
$55,000,000
Status
CLOSED
Days on Market
5
Closing Date
Jul 28, 2023
MLS#
R10881164
Subtype
Residential
Year Built
1974
Bedrooms
5
Bathrooms
7
Full Baths
6
Half Baths
1
Living Area
7,448
Subdivision
Palm Beach
MLS Area Major
5001

Property Description

Magnificent Lake Front Regency situated on high elevation with amazing panoramic views!! Deep water concrete dock which can accommodate up to a 130' yacht and includes a 40k lb lift and a 15k lb lift for smaller boats. Private deeded beach access! Spacious floor plan features high ceilings, 5 bedrooms, 6.5 baths, 2 kitchens, 2 offices, media room, billiards room, 4 bars, several water features inside and outside, Gas fireplace, oversized travertine pool terrace and covered loggias perfect for entertaining!!

Additional Information

Amenities
None
Interior Features
Wet Bar, Breakfast Area, Bathtub, Central Vacuum, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Multiple En Suite Bathrooms, Soaking Tub, Separate Shower, Bar
Exterior Features
Outdoor Living Area
Taxes
$147,303
Flooring
Marble, Other, Wood
Appliances
Dryer, Dishwasher, Free-Standing Freezer, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
Heating
Central, Zoned
Air Conditioning
Central Air, Zoned
Exterior Construction
Block
Stories
1
Levels
Multi/Split, One
Roof
Tar/Gravel
Pool
Yes
Parking Features
Attached, Garage, Garage Door Opener
Garage Spaces
2
View
City, Garden, Lake, Pool

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of The Corcoran Group. Contact:

Selling Office: Sotheby's Intl. Realty, Inc..

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Mark Major Bennett | Email: markmbennett@aol.com