Price Reduction
Address
510 N Lake Way, Palm Beach, FL
Price
$ 15,995,000
Property Attributes
- MLS#241877
- TypeSingle Family
- Listing Status Active
- CountyPalm Beach
- CityPalm Beach
- AreaWells Rd & North
- NeighborhoodTangier Estates
- Zip33480
- StyleColonial
- Year Built1995
- Taxes$ 96851
- Price$ 15,995,000
- Bedrooms5
- Full Bathrooms6
- Half Bathrooms1
- Sqr Footage6239
- Lot Size0.39 Acres
Data Source:
Palm Beach Board of REALTORS®
Property Description
This British Colonial residence offers 6,922± total square feet with five bedrooms and six and a half bathrooms. Set on a 100' x 172' lot at the corner of Tangier Avenue and North Lake Way, the property features a large pool, covered loggia, and beautifully maintained grounds. The spacious foyer opens to the formal living room and a central gallery hall that connects the main living areas. The family room, located on the south side, opens through French doors to the covered loggia and pool. On the north side, the gallery leads to the formal dining room, library, and kitchen with adjoining dining area—an ideal layout for both everyday living and entertaining. Two guest bedrooms are located on the first floor, each with en suite baths and walk-in closets—one currently serving as a library. Additional first-floor features include a powder room, laundry room, and a two-car garage with separate service drive. Upstairs, the primary suite offers exceptional space and privacy with four walk-in closets, dual bathrooms, and ample storage. Two additional guest bedrooms on this level each include en suite baths and walk-in closets. Ideally situated on Palm Beach's North End, the residence is just moments from the Lake Trail, beaches, restaurants, and world-class shopping.
| Price History | |
|---|---|
| 5/28/2026 | Listed $16,995,000 |
| 9/11/2026 | 6$15,995,000 |
General Features
| Living Area | 6239 |
|---|---|
| Heating | Central Heat,Multi Zone Heat |
| Cooling | Multi Zone Air,Central Air |
| Utilities | Cable Available,Sewer |
| Zoning | 50- Rb - Rb (50-Palm Beach) |
| Security Features | Security System |
| Year Built | 1995 |
| Property Subtype | Single Family Residence |
| Tax Year | 2023 |
| County | Palm Beach |
| Property Type | Residential |
| Status | Active |
| City | Palm Beach |
| MLS Area | 01 - Wells Rd & North |
| Lot Size Square Feet | 17200 |
| MLS Area Minor | 01 - Wells Rd & North |
| Standard Status | Active |
| Possession | Close Of Escrow |
| Waterfront Features | No - Waterfront |
| Subdivision Name | Tangier Estates |
| Lot Size Units | Square Feet |
| Listing Terms | Cash Terms,Conventional Mtg |
| Pool Features | Pool,Heated - Gas |
| Patio/Porch Features | Patio/Lanai |
| Roof | Cement Tile |
| Construction Materials | Stucco,Block |
| Garage Y/N | true |
| Architectural Style | Colonial |
| Garage Spaces | 2 |
Interior Features
| Flooring | Marble,Tile,Other Flooring |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Baths | 7 |
| Interior Amenities | Ceiling Fan(s),Fireplace,Wet Bar |
| Window Features | Single Hung |
Exterior Features
| Exterior Amenities | Balcony,Fence-Front Wall,Storm Shutters,Storm Shutters-Auto,Sprinkler System |
|---|---|
| Lot Size Area | 17200 |
| Waterfront Y/N | false |
| Building Area Total | 6922 |
| Lot Size Acres | 0.39 |
| Lot Features | 1/4 A - 21,779 SF,Corner Lot |
| LotDimensionsSource | No |
| Water Source | City Water |
| Parking Features | Attached |
| Lot Dimensions | 172 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33480
Price
Taxes
Year Built
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Data Last Updated: September 19, 2026 8:28 PM UTC
Palm Beach Board of Realtors MLS® (PBBORMLS) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
