Address
495 N Lake Way, Palm Beach, FL
Price
$ 12,995,000
Property Attributes
- MLS#251649
- TypeSingle Family
- Listing Status Active
- CountyPalm Beach
- CityPalm Beach
- AreaWells Rd & North
- NeighborhoodDrake Park
- Zip33480
- StyleOther Style
- Year Built1952
- Taxes$ 19303
- Price$ 12,995,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms1
- Sqr Footage4039
- Lot Size0.48 Acres
Data Source:
Palm Beach Board of REALTORS®
Property Description
A unique oversized property is available for the first time in over 35 years. Situated on the desirable near North End, this expansive lot is just shy of half an acre on the bright, sunny side of the street. The existing home has had only two owners and features an expansive garden with mature canopy ficus and live oak trees, accented by palms and lush landscaping. A 20-yard lap swimming pool and an abundance of light, air, and open sky set this property apart from standard North End lots. The charming red-brick Monterey-style home offers 4 bedrooms and 3.5 bathrooms. This is a rare opportunity to own a vintage residence on a large lot or to create the compound of your dreams on a parcel that offers endless possibilities. Sites like this provide a level of privacy and potential for personalization rarely available on the North End. Opportunities of this caliber seldom come to market.
| Price History | |
|---|---|
| 3/13/2026 | Listed $12,995,000 |
General Features
| Living Area | 4039 |
|---|---|
| Heating | Multi Zone Heat |
| Cooling | Multi Zone Air |
| Utilities | Sewer |
| Zoning | R-B - Low Density Residential |
| Security Features | Security System |
| Year Built | 1952 |
| Property Subtype | Single Family Residence |
| Tax Year | 2024 |
| County | Palm Beach |
| Property Type | Residential |
| Status | Active |
| City | Palm Beach |
| MLS Area | 01 - Wells Rd & North |
| Lot Size Square Feet | 20909 |
| MLS Area Minor | 01 - Wells Rd & North |
| Standard Status | Active |
| Possession | Close Of Escrow |
| Waterfront Features | No - Waterfront |
| Subdivision Name | Drake Park |
| Lot Size Units | Square Feet |
| Listing Terms | Cash Terms,Conventional Mtg |
| Pool Features | Pool |
| Roof | Cement Tile |
| Construction Materials | Brick |
| Garage Y/N | true |
| Architectural Style | Other Style |
| Garage Spaces | 2 |
Interior Features
| Flooring | Hardwood,Tile |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Baths | 4 |
| Window Features | Double Hung,Other |
Exterior Features
| Lot Size Area | 20909 |
|---|---|
| Waterfront Y/N | false |
| Building Area Total | 5132 |
| Lot Size Acres | 0.48 |
| Lot Features | 1/4 A - 21,779 SF,Corner Lot |
| LotDimensionsSource | Yes |
| Water Source | City Water |
| Lot Dimensions | 182 |
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
Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.
Data Last Updated: September 17, 2026 8:12 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
