740 N Lake Way, Palm Beach, FL 33480

$7,000,000
3
BD
4
BA
2,993
SqFt

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Sold Price
$7,000,000
List Price
$7,950,000
Days on Market
14
Closing Date
Oct 08, 2025
MLS#
R11123937
Bedrooms
3
Full Bathrooms
3
Half Bathrooms
1
Sq. Ft
2,993
Subtype
Single Family Residence
County
Palm Beach
Subdivision
Rafalsky Mark
Year Built
1985

Property Description

Exceptional North End Opportunity! Unlock the potential of this prime 10,882± SF Island parcel, perfectly positioned on a rare coral ridge with an impressive 13+ feet of elevation. Whether you choose to reimagine the existing Regency-style residence or build your dream home, the possibilities are endless. The current layout features soaring ceilings, 3 bedrooms, 3.5 baths, a sparkling pool, new roof, and a whole-house generator—providing an excellent foundation for a stunning transformation. A coveted North End location combines privacy, prestige, and proximity to the best of Palm Beach. DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. "No payments made until title passes" Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Information published or otherwise provided by seller, listing company or its representatives is deemed reliable but are not guaranteed and subject to errors, omissions, or changes without notice. Copyright 2025 by the listing company. All Rights Reserved.

Additional Information

Garage Spaces
1
Pets Allowed
No Pet Restrictions, Yes
Construction
Block
Cooling
Central Air
Flooring
Marble
Furnished
Unfurnished
Heating
Central
Restrict
NoRestrictions
Taxes
$108,912
Utilities
Natural Gas Available
Private Pool
Yes
Amenities
None
Waterfront
None
Stories
1
Acres
0.25
Price Per Sqft
$2,338

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Premier Estate Properties, Inc. Contact:

Selling Office: Waterfront Properties & Club C.

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: James L. McCann | Email: Jim@premierestateproperties.com