1496 Lake Way, Palm Beach, FL 33480

$9,000,000 — Active

Property Features

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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. Set on a secluded .22 acre corner lot at 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.

Property Details

  • Listing ID: B26042044
  • Status: Active
  • Listing Date: 2026-06-12
  • Property Type: Single Family Residence
  • Subdivision: BOCA RATONE CO INLET
  • County: Palm Beach
  • MLS Area: 5001
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Area Sq Ft: 2,883
  • Year Built: 1954

Financial

  • List Price: $9,000,000
  • HOA Fee: None
  • Taxes: $50,226/yr

Features & Amenities

  • View: Garden, Pool
  • Pets Allowed: Yes, No Restrictions
  • Parking: Garage Door Opener, Garage, Attached Garage
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Concrete, Marble
  • Construction: Concrete
  • Roof: Flat
  • Interior Features: Built-in Features, Entrance Foyer, Bedroom Layout - Split, Roman Tub, Storage
  • Exterior Features: Private Rooftop Terrace, Storage, Balcony

Courtesy of Compass Florida LLC
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RAPB

© 2026 Starfish Real Estate. Listings updated Oct 24, 2026 5:00 am. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.