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$24,950,000   Price Analysis
Agent Details  share icon     map icon  QR
1221 N Lake Way
Palm Beach, FL 33480
5 bed 6 bath 3,202 SqFt ($7792/SqFt)
0.34 acre lot. Built 1940
Listed 2024-06-17, Taxes $200,379
Ⓧ USDA Ineligible
due to price & location

near Palm Beach

A beautifully renovated

Masterful landmark of Modrnist architecture, the Boat House combines the best elements of life in Palm Beach - the perfect spot on the lakefront with dock and boat-lift, deeded ocean access at the Mockingbird neighborhood beach cabana and an incredibly elegant, exquisitely renovated, move-in ready home. This nautically themed Art Moderne home faces prow-forward toward dramatic sunsets, its rooftop deck over looking the pool, dock and sparkling Intracoastal. Sea-going touches include seamed hardwood floors, porthole windows and white-piped terrace railings. The house received a full renovation a few years ago and the current owners then made meaningful improvements of their own. Those improvements include all new AC units including one for the garage, a high-end water filtration system, an oversized wine and beverage fridge, a smart home tech center and electric awning for the dining terrace. And to top it all off- an outdoor infrared sauna!

Mockingbird is one of the few Palm Beach streets with both a private neighborhood beach cabanas and direct lake trail access. (video available)


Presented by John Cregan at
Sotheby's International Realty - Palm Beach Brokerage.
Listing Agent Photo

Property MLS #RX-10996763 from BeachesMLSFlex

Bedrooms: 5
Bedrooms On Main Level: 3
Primary Bedroom Level: 2

Total Bathrooms: 5 / 1
Full Bathrooms: 5
1/2 Bathrooms: 1
Bathrooms On Main Level: 3
Primary Bathroom Features: Mstr Bdrm - Upstairs, Separate Shower, Separate Tub

Elevator
Entry Lvl Lvng Area
Fireplace(s)
Foyer
Kitchen Island
Pantry
Upstairs Living Area
Walk-in Closet
Furnished Description: Unfurnished
Flooring: Terrazzo Floor, Wood Floor
Window Features: Impact Glass

Dishwasher
Disposal
Dryer
Freezer
Ice Maker
Microwave
Purifier
Range - Gas
Refrigerator
Washer
Water Heater - Elec

Family, Laundry-Inside, Laundry-Util/Closet, Sauna
Family Room Level: M
Living Room Level: M

Cooling Features: Central
Heating Features: Central

Dining Area Description: Breakfast Area, Dining Family
Dining Room Level: M
Kitchen Level: M

Covered Balcony
Deck
Open Balcony
Open Patio
Patio And Porch Features: Porch Remarks: Balcony, Patio

Water Features: Electric Available, Lift, Private Dock, Up to 60 Ft Boat, Water Available
Intracoastal
Navigable
No Fixed Bridges
Ocean Access
Seawall
Waterfront Feet: 65

Pool Features: Private Pool: Heated, Inground
Pool Private: Yes
Pool Size: 38'

Covered Spaces: 2
Garage Spaces: 2
Parking Features: 2+ Spaces, Garage - Attached

Lot Description: 1/4 to 1/2 Acre
Lot Size Acres: 0.3365932
Lot Size Square Feet: 14662

View: Intracoastal, Pool
Security Features: Burglar Alarm, Security Sys-Owned

Association: No
Association Fee Amenities: Beach Access by Easement, Private Beach Pvln
Calculated Total Monthly Association Fees: 0
Pets Allowed: Yes

Annual Tax Amount: 216985.00
Source Listing Status: Active
County: Palm Beach
Directions: Take North Lake Way north, house is on the left at Mockingbird.
Tax Year: 2023
Source Property Type: Residential
Area: 5001
Source Neighborhood: MOCKINGBIRD TRAIL TRACT
Subdivision: MOCKINGBIRD TRAIL TRACT
Zoning: R-B(ci
Property Subtype: Single Family Detached
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$1,951,887 + $10,909,500
$12,861,387
$200,379
2021$unknown + $unknown
$5,047,655
$88,186
2020$15,667 + $4,573,110
$4,588,777
$76,851
2019$15,987 + $6,060,000
$6,075,987
$103,510
2018$7,330 + $5,700,516
$5,707,846
$94,194
2017$unknown + $unknown
$5,128,644
$92,528
2016$unknown + $unknown
$4,662,404
$92,249
2015$27,642 + $4,210,907
$4,238,549
$76,103
2014$unknown + $unknown
$3,857,808
$71,528
2013$unknown + $unknown
$3,507,098
$63,477
2012$unknown + $unknown
$3,188,271
$58,630
2011$unknown + $unknown
$3,188,271
$60,008
2010$unknown + $unknown
$3,188,376
$60,605
2008$unknown + $unknown
$4,624,256
$102,853
2007$unknown + $unknown
$4,803,957
$80,985

Listed 2024-06-17
$24,950,000
BeachesMLSFlex
Listed 2024-06-17
$24,950,000
PalmBeachFL
Listing removed 2024-05-02
$0
BeachesMLSFlex
Listing removed 2024-05-01
$0
PalmBeachFL
Listed 2023-10-31
$30,000,000
BeachesMLSFlex
Listed 2023-10-31
$30,000,000
PalmBeachFL
Listing removed 2021-04-22
$0
BeachesMLSFlex
Sold 2021-04-19
$14,300,000
PalmBeachFL
Relisted 2021-02-26
$14,900,000
PalmBeachFL
Relisted 2021-02-26
$14,900,000
BeachesMLSFlex
Listing removed 2021-02-25
$0
PalmBeachFL
Listing removed 2021-02-25
$0
BeachesMLSFlex
Price Changed 2021-02-15
$14,900,000
PalmBeachFL
Price Changed 2021-02-13
$14,900,000
BeachesMLSFlex
Listed 2020-11-09
$13,900,000
PalmBeachFL
Listed 2020-11-09
$13,900,000
BeachesMLSFlex
Listing removed 2020-08-12
$0
BeachesMLSFlex
Listing removed 2020-08-11
$0
PalmBeachFL
Price Changed 2020-07-08
$9,900,000
BeachesMLSFlex
Price Changed 2020-07-07
$9,900,000
PalmBeachFL
Listing removed 2020-06-16
$0
PalmBeachFL
Listing removed 2020-06-12
$0
BeachesMLSFlex
Listed 2020-06-11
$13,950,000
BeachesMLSFlex
Listed 2020-06-11
$13,950,000
PalmBeachFL
Price Changed for rent 2020-03-19
$40,000
PalmBeachFL
Price Changed for rent 2020-03-19
$40,000
BeachesMLSFlex
Listed for rent 2020-03-17
$60,000
BeachesMLSFlex
Listed for rent 2020-03-17
$60,000
PalmBeachFL
Listing removed 2018-10-17
$0
BeachesMLSFlex
Listing removed 2018-10-17
$0
PalmBeachFL
Listing removed 2018-10-09
$9,900,000
PalmBeachFL
Relisted 2018-05-30
$9,900,000
BeachesMLSFlex
Listing removed 2018-05-29
$0
BeachesMLSFlex
Relisted 2018-05-28
$9,900,000
BeachesMLSFlex
Listing removed 2018-05-27
$0
BeachesMLSFlex
Listed 2018-05-23
$9,900,000
BeachesMLSFlex
Listed 2018-05-17
$9,900,000
PalmBeachFL
Sold 2018-04-09
$5,900,000
BeachesMLSFlex
Sold 2017-08-10
$5,900,000
Public Record
Listing removed 2017-03-20
$6,995,000
PalmBeachFL
Price Changed 2017-03-20
$6,995,000
BeachesMLSFlex
Price Changed 2017-03-17
$6,995,000
PalmBeachFL
Price Changed 2016-11-03
$7,995,000
PalmBeachFL
Price Changed 2016-11-03
$7,995,000
BeachesMLSFlex
Price Changed 2016-04-18
$8,995,000
PalmBeachFL
Price Changed 2016-04-18
$8,995,000
BeachesMLSFlex
Listed 2016-02-16
$9,750,000
PalmBeachFL
Listed 2016-02-12
$9,750,000
BeachesMLSFlex
Sold 2001-07-24
$6,500,000
Public Record
Sold 1982-11-01
$465,000
Public Record

Total Square Feet Living: 3202
Year Built: 1940
Construction Materials: CBS
Direction Faces: East
Living Area Source: Developer
Property Age: 84
Property Condition: Resale
Roof: Tar/Gravel
Levels or Stories: 2.00
House Style: Art Deco, Contemporary
Total Area Sqft: 5636
Year Built Details: Resale

Electric
Gas Natural
Public Sewer
Public Water
Water Source: Public Water

Palm Beach Public School is a public elementary school located approximately 3.5 miles away.
directions icon Map directions

Palm Beach Lakes High School is a public high school located approximately 4.1 miles away.
directions icon Map directions

Conniston Middle School is a public middle school located approximately 5.6 miles away.
directions icon Map directions

St. Francis of Assisi Catholic is a private elementary and middle school located approximately 1.8 miles away.
directions icon Map directions

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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.