940 N Lake Way, Palm Beach, FL 33480

$50,000,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$50,000,000
List Price
$55,000,000
Status
CLOSED
Days on Market
126
Closing Date
May 21, 2024
MLS#
R10939386
Subtype
Land
Lot Size
34,848
Acres
0.80
Subdivision
Palm Beach
MLS Area Major
5001

Property Description

Opportunity awaits to build your dream home on this expansive 34,848-square-foot lot, offering 128 feet of water frontage and a very high elevation. This prime location not only provides a canvas for your ideal home, but also boasts a deep-water concrete dock, providing the perfect haven for maritime enthusiasts. The dock is thoughtfully designed to accommodate larger vessels over 100 feet, along with multiple smaller vessels. The dock features a substantial 40,000-pound lift for larger boats, and an additional 15,000-pound lift for smaller boats. Experience the epitome of waterfront living with unparalleled views and amenities on this expansive property. Enjoy deeded beach access nestled between Sandpiper and Eden Road and access to the Lake Trail right out your back gate.

Additional Information

Amenities
Beach Access
Taxes
$396,632
View
City, Intercoastal

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Sotheby's Intl. Realty, Inc.. Contact:

Selling Office: Christian Angle Real Estate.

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: Todd Peter | Email: todd.peter@sothebys.realty