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.
Vacant landProperty Type
0.8 acresLot Size
$57,270,988Price/Acres
2 car garageParking
Listed by Todd Peter• Sotheby's Intl. Realty, Inc.
Bought with Christian Angle• Christian Angle Real Estate
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.
Beaches MLS #R10881164
Jul 28, 2023
Sold
$50,000,000
Apr 17, 2023
Contingent
—
Apr 12, 2023
Listed
$55,000,000
+13
Magnificent Lake Front Regency situated on high elevation with amazing panoramic views!! Deep water concrete dock which can accommodate up to a 130' yacht and includes a 40k lb lift and a 15k lb lift for smaller boats. Private deeded beach access! Spacious floor plan features high ceilings, 5 bedrooms, 6.5 baths, 2 kitchens, 2 offices, media room, billiards room, 4 bars, several water features inside and outside, Gas fireplace, oversized travertine pool terrace and covered loggias perfect for entertaining!!
PBBOR #23-685
Jul 28, 2023
Sold
$50,000,000
Apr 10, 2023
Listed
$55,000,000
Public Records
Jul 12, 2002
Sold
$7,370,000
PBBOR #01-775
Jul 12, 2002
Sold
$7,450,000
Apr 30, 2001
Listed
$8,100,000
Year
Property tax
Land + Additions
Assessment*
2025
$538,735 (+9.0%)
$36,087,000 + $10,791
$36,097,791
2024
$494,250 (+24.6%)
$33,079,800 + $10,031
$33,089,831
2023
$396,632 (+174.6%)
$33,079,800 + $10,031
$33,089,831
2022
$144,439 (−1.7%)
2021
$146,977 (−0.2%)
2020
$147,304 (+0.2%)
2019
$147,039 (+5.2%)
2018
$139,715
2017
$139,802 (+0.3%)
2016
$139,399 (−3.3%)
2015
$144,176 (−0.5%)
2014
$144,874 (+2.1%)
2013
$141,940 (+0.1%)
2012
$141,791 (−2.5%)
2011
$145,458
Tax history for 940 N Lake Way
Year
Property tax
Land + Additions
Assessment*
2025
$538,735 (+9.0%)
$36,087,000 + $10,791
$36,097,791
2024
$494,250 (+24.6%)
$33,079,800 + $10,031
$33,089,831
2023
$396,632 (+174.6%)
$33,079,800 + $10,031
$33,089,831
2022
$144,439 (−1.7%)
2021
$146,977 (−0.2%)
2020
$147,304 (+0.2%)
2019
$147,039 (+5.2%)
2018
$139,715
2017
$139,802 (+0.3%)
2016
$139,399 (−3.3%)
2015
$144,176 (−0.5%)
2014
$144,874 (+2.1%)
2013
$141,940 (+0.1%)
2012
$141,791 (−2.5%)
2011
$145,458
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
2
Lot width
128 ft.
Lot depth
12 ft.
Lot size
0.8 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Other
County
Palm Beach County
APN
50434310000010052
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 2, 2026.
R-B
Low Density Residential District
The purpose of the R-B low density residential district is to provide for low density single-family residential use, as that term is defined in section 134-2, of moderately spacious character together with publicly operated recreational facilities and accessory uses as may be necessary or are normally compatible with residential surroundings. This district is located to protect and preserve existing development of this character and contains vacant land considered appropriate for such development in the future.
Permitted uses
Include but are not limited to:
Housing-Single unit
Fire house
Police station
Property details
Interior
Virtual Tour Information
Exterior
Property Information
Property Sub Type: Unimproved Land
Land Information
Current Use: Single Family
Vegetation: Grassed, Other
Possible Use: Single Family
Lot Information
Lot Size Square Feet: 34,848
Lot Size Dimensions: 128 x 289
Lot Features: Cleared
Road Surface Type: Dirt
Waterfront YN: Yes
Waterfront Features: Intracoastal
Financial
Tax Information
Tax Annual Amount: $396,632
Tax Year: 2023
Parcel Number: 50434310000010052
Utilities
Utility Information
Water Source: Public
Electric: Three Phase
Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Location
Location Information
Direction Faces: East
City Region: Palm Beach
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: 2.0
Lot Size: 0.8 acres
Style: Other
Year Built: —
Year Renovated: —
County: Palm Beach County
APN: 50434310000010052
Home facts updated by county records on Jul 2, 2026
Other
Listing Information
Development Status: Recorded Plat
Around this home
Schools
Palm Beach Public School
Public PreK-5 • Assigned • 2.8mi
8/10
Conniston Middle School
Public 6-8 • Assigned • 4.9mi
4/10
Palm Beach Lakes High School
Public 9-12 • Assigned • 4.0mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 105° expected this year, 22 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Palm Beach, FL • 33480
Average low and high temperatures (°F)
72
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72
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87
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76
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76
66
Jan
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May
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$43.53M – $52.69M
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