$8,000,000

1496 N LAKE WAY, PALM BEACH, FL 33480

2 beds2.5 baths2,883 sq ftHouseBuilt 1954
Updated today, November 3, 2026

This home against Palm Beach

$2,775 per sq ft, 68% over the Palm Beach median
141 days on the market
Price cut $1,000,000 since it was listed at $9,000,000
$50,226 in property taxes (2025)
9,583 sq ft lot
Private pool
2 car garage

Palm Beach today: 233 homes for sale, median list price $2,795,000.

About this home

Set on a secluded .22 acre lot at at the corner of North Lake Way and Mediterranean Road on Palm Beach Island's coveted North End, this exceptional property offers an opportunity to restore and reimagine an architectural gem or create a remarkable new residence. Just moments from the Intracoastal, inlet and ocean, and surrounded by mature tropical landscaping, this is truly a special Palm Beach offering.A rare mid-century modern residence designed by renowned Spanish architect, Javier de Olaso, reflecting the relaxed elegance of indoor-outdoor lifestyle in Ibiza. Thoughtfully designed to draw the eye toward the lush gardens, sculptures and private yard, the home enjoys beautiful views from nearly every room and the balcony.

Near this home

Elementary school: Belvedere Elementary School, 1.4 mi
Middle school: Conniston Middle School, 1.7 mi
High school: Worthington High School, 2.2 mi
Park: Pan's Garden, 0.5 mi
Grocery: Publix, 1 mi

Distances from the center of PALM BEACH. Schools are nearest by distance, not an attendance zone.

Listing courtesy of Compass Florida LLC. MLS# B26042044.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed June 15, 2026.

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