583 N Lake Way Palm Beach, FL $ 22,500,000
583 N Lake Way
$ 22,500,000
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583 N Lake Way

Palm Beach, FL, 33480
$ 22,500,000
Bedrooms5 Baths7.1 Sq 5,384

Monthly Estimate*

$ 140,371

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Single Family Home for sale in Palm Beach, FL

for $22,500,000 with 5 bedrooms and 7 full baths, 1 half bath. This 5,384 square foot home was built in 1993.

Located near the highly desirable North End of Palm Beach, this stunning property sits on a generous half-acre lot and offers double-height volume with soaring 14' ceilings. The split floor plan includes a luxurious primary suite with a private lanai, complemented by wood flooring and transom windows that fill the home with natural light. The oversized backyard features bright sunny southern exposure and provides ample space for outdoor living and entertaining. Additional highlights include a covered loggia and a pool cabana bath. The spacious 3-car garage, with a discreet side entrance, adds practicality to this beautiful home. This is truly a must-see property to fully appreciate its charm.

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Single Family Active

Price

$ 22,500,000

Bedrooms

5

Full Bath

7

Half Bath

1

Property Type

Single Family

Taxes

$ 250,538

Style

Year Built

1993

Town/City

Palm Beach

County/Region

Palm Beach

MLS | Web ID

RX11118910

Features
Exterior
Lot Description 1/2 to < 1 Acre East of US-1 Paved Road
Exterior Amenities Auto Sprinkler Covered Patio
Waterfront No None
Private Pool Y/N Yes
Subdiv. Amenities None
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Interior
Interior Amenities Closet Cabinets Entry Lvl Lvng Area Kitchen Island Pantry Walk-in Closet Wet Bar
Dining Area Eat-In Kitchen Formal
Flooring Marble Wood Floor
Furnished Y/N Unfurnished
Total Bedrooms 5
Master Bedroom/Bath 2 Master Baths Separate Shower Separate Tub
Total Bathrooms 7.10
SqFt - Living 5384.00
Total Floors/Stories 1.00
Equip/Appl Included Dishwasher Disposal Dryer Freezer Microwave Range - Gas Refrigerator Smoke Detector Washer
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General
Construction CBS
Heating Central Zoned
Cooling Central Zoned
Utilities Electric Gas Natural Public Sewer Public Water
Possession At Closing
Roof Concrete Tile
Parking 2+ Spaces Driveway Garage - Attached
Pets Allowed Yes
Zoning R-B--LOW DENSITY
HOA None
Number of Garage Spaces 3.00
Security Security Sys-Owned
Status Active
Full Baths 7
Half Baths 1
Year Built 1993
REO No
Subdivision WOODS LANDING PLAT NO 2 IN
Type Single Family Detached
Rooms Den/Office Family Laundry-Inside Pool Bath Storage
Property Type A
Area 5001
Auction No
Tax Year 2024
Terms Considered Cash Conventional
Gated Community No
Short Sale No
Restrict Other
Taxes 250538.00
Adult 55+ No Hopa
Governing Bodies None
Membership Fee Required No
Virtual Tour https://www.propertypanorama.com/583-N-Lake-Way-Palm-Beach-FL-33480/unbranded
Geo Area PB30
Legal Description SEE BROKER REMARKS
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Internal Only
OriginalMLSID RX-11118910
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* Excluded Features
List By
Gary B Pohrer

Listing Agent

Serhant

Broker

gary@serhant.com

Email

Affordability Calculator

$161,249
Per Month
87%
13%
0%
Monthly Principal & Interest
$140,371
Monthly Property Taxes
$20,878
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
368239 Elementary School
368240 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
10/22/2025 $22,500,000 -9.82% Price Down
8/27/2025 $24,950,000 Listed Price

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583 N Lake Way, Palm Beach, FL, 33480 is a Single Family Home for sale at $22,500,000 with 5,384 sqft. 583 N Lake Way has 5 bedrooms, 7.1 baths, and was built in 1993. The property's zip code is 33480 which is in Palm Beach, FL