510 N Lake Way, Palm Beach, FL 33480 (MLS# R11043720)

510 N Lake Way, Palm Beach, FL 33480

$16,995,000
Property Type: Residential Bedrooms: 5 Baths: 7 Square Footage: 6,922 Lot Size (sq. ft.): 16,988 Status: Active
Current Price: $16,995,000 List Date: 12/10/2024 Last Modified: 2/23/2026

Overview

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

Supplements: 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, separate his-and-her bathrooms, and ample storage. Two additional guest bedrooms on this level each include en suite baths and wa ...

Listing Details MLS# R11043720

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
5
Bathrooms Total
7
Bathrooms Full
6
Bathrooms Half
Yes
Building Area Main
6922
Building Area Source
Public Records
Living Area Main
6239
Year Built
1995
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
2
Covered Spaces
2
Gated Community YN
No
Lot Size Area
17200
Lot Size Acres
0.39
Lot Size Dimensions
100.0 ft x 172.0 ft
Senior Community YN
No
Stories Total
2
Stories
2
Direction Faces
East
Pool Private YN
Yes
Furnished
Unfurnished

Property Features

Dining Area: Family/Dining Combination Electric: Three Phase Flooring: Marble; Other Parking Features: Circular Driveway; Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Free-Standing Freezer; Ice Maker; Microwave; Refrigerator; Washer Construction Materials: CBS Cooling: Central Air Heating: Central Interior Features: Bar; Entrance Foyer; Kitchen Island Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Close Of Escrow Restrictions: No Restrictions Security Features: Fire Alarm; Fire Sprinkler System; Security System Owned; Smoke Detector(s) Tax Information: City/County Utilities: Cable Available Water Access: None Showing Requirements: Call Listing Agent; Text Listing Agent Room Types: Den; Great Room; Kitchen; Living Room; Master Bedroom Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Listing Contract Date
2024-12-06
Original List Price
21500000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
510
Street Direction Prefix
N
Street Name
Lake
Street Suffix
Way
City Name
Palm Beach
State Or Province
FL
Postal Code
33480
Postal Zip
33480
Subdivision Name
TANGIER EST
Area
5001
Geographic Area
PB30
Special Assessment YN
No
Parcel Number
50434314010000290
Zoning
R-B(ci

Financial Information

Association Deposit YN
No
Membership Fee Required YN
No
Tax Annual Amount
102388
Tax Year
2024
Tax Legal Description
TANGIER ESTATES LT 29

Status Change Information

Major Change Timestamp
2026-02-23T20:06:08Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-02-23T20:06:08Z
Status Change Date
2024-12-10

More Information

Short Sale Details

Short Sale Addendum
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
Yes

Storm Protection

Impact Glass
Complete

Showing Details

Pet(s) on Premises
No

Room Types

Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main
Den
Yes
Great Room
Yes
Kitchen
Yes
Living Room
Yes
Master Bedroom
Yes

Price Calculations

Current Price To SqFt
2723.99

Originating Details

Originating System Key
20241210154607350528000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Amenities

Trail(s)
Yes

Dining Area

Family/Dining Combination
Yes

Electric

Three Phase
Yes

Flooring

Marble
Yes
Other
Yes

Parking Features

Circular Driveway
Yes
Attached Garage
Yes
Garage
Yes

Property Condition

Resale
Yes

Possession

Close Of Escrow
Yes

Utilities

Cable Available
Yes

Heating

Central
Yes

Water Access

None
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Electric Range
Yes
Free-Standing Freezer
Yes
Ice Maker
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Construction Materials

CBS
Yes

Interior Features

Bar
Yes
Entrance Foyer
Yes
Kitchen Island
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Security Features

Fire Alarm
Yes
Fire Sprinkler System
Yes
Security System Owned
Yes
Smoke Detector(s)
Yes

Cooling

Central Air
Yes

Showing Requirements

Call Listing Agent
Yes
Text Listing Agent
Yes

Master Bedroom/Bath

2 Master Baths
Yes
Master Bdrm - Upstairs
Yes
Spa Tub & Shower
Yes

Pets Allowed YN

Yes
Yes

Pets Allowed

No Restrictions
Yes

Restrictions

No Restrictions
Yes

Tax Information

City/County
Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot
Yes

Room Information

Living Room Length: 1.00 Length: 1.00 Width: 1.00 Width: 1.00 Level: Main Kitchen Length: 1.00 Length: 1.00 Width: 1.00 Width: 1.00 Level: Main Master Bedroom Length: 1.00 Length: 1.00 Width: 1.00 Width: 1.00 Level: Main Great Room
Listing Office: Sotheby's Intl. Realty, Inc.
IDX
Last Updated: February - 23 - 2026
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