Lake Place
Homes for Sale in West Palm Beach, FL
All 1,792 homes for sale in West Palm Beach, FL · median $325,000 · 911 condos for sale in West Palm Beach · 116 homes for sale in 33405 · Palm Beach County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Beaches MLS
As of November 2026, Lake Place in West Palm Beach, FL has 3 homes for sale. Over the 12 months ending 2026-11-06, 3 recorded sales closed at a median of $5,500,000, $1,007 per square foot, a median 194 days on market, sellers accepting 82% of original asking. Homes listed or recently sold were built 1948–2026 with 2 new construction; 5 of 9 report an HOA (median $670/mo); none of the 9 geocoded homes sit in a FEMA special flood hazard zone (median elevation 17 ft). At the median price and Palm Beach County's FY2025-26 rate of 18.72 mills, annual property tax runs about $102,960 ($102,180 with the full homestead exemption).
Last 30 days in Lake Place: 1 new listing (median asking $5,750,000), 1 closed sale (median $5,500,000). As of November 6, 2026, All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc.
Homes For Sale Right Now in Lake Place
Live MLS inventory for Lake Place. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active · 23 daysTop listing
Active · 222 days
Active · 31 daysActive and pending Lake Place listings as of 2026-11-06, priced high to low. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Tap any home to ask about it.
Lake Place is a West Palm Beach enclave trading at a $1.05 million median on just five days to contract—an institutional-speed clearance rate that tells you inventory is scarce and buyer competition is real. At $799/ft², homes here command a premium reflective of location, condition, or both; this is not a commodity product.
The 19.5% year-over-year price decline is the headline risk. Three closings is a thin sample, but the velocity says demand persists even as pricing resets. Sellers who chase last year's comps will sit; buyers willing to move on well-priced listings are getting deals done fast.
Figures in this note are as of July 16, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Lake Place right now
🟡 Balanced market. 6.0 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Beaches MLS records, as of November 6, 2026. Confidence: Medium (3 active and pending listings, 3 closed sales in 12 months).
What's unique here: the median sale price is about 11x the typical Palm Beach County sale ($5.50M vs $515K, trailing 12 months, Beaches MLS records).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated November 7, 2026 · Live data: Beaches MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Lake Place market snapshot (as of November 6, 2026): the median sale price is about $5.50M ($1007 per sq ft over the trailing 12 months of closed sales), a median 194 days on market for closed sales, and 6.0 months of supply, a balanced market.
In ZIP 33405 (West Palm Beach), 25 homes closed in the last 12 months at a median of $1.43M ($953/sq ft), with a median 97 days on market. Right now 11 active and 4 pending listings. See the live ZIP 33405 housing market and the Palm Beach County market.
County records show 8 qualified sales in Lake Place across 2024–2025 (4 in 2024, 4 in 2025), median $1.27M — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Lake Place is a community of 37 homes in West Palm Beach, Palm Beach County, built between 1925 and 2025 (median 1954), with a median living area of about 1,536 square feet. 72% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Lake Place is a low-inventory West Palm Beach pocket where the median home moves in under a week, priced in the seven figures per square foot, with recent closings reflecting a sharp correction from prior peaks.
The setting & the homes.
Aerial and on-site photos of Lake Place. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Lake PlaceLake PlaceLake Place
Lake Place
Lake Place
Lake PlacePhotos from Beaches MLS listings in Lake Place; content deemed reliable but not guaranteed.
Who Lake Place is best for.
Best for
- Cash or pre-approved buyers ready to write within days of seeing the right home
- Investors or relocators prioritizing West Palm proximity and willing to pay for scarcity
- Buyers comfortable with a volatile pricing environment if it means low days-on-market and little competition once positioned
Probably not for
- Buyers requiring shared amenities, resort-style infrastructure, or community programming
- Anyone expecting stable year-over-year appreciation or a predictable price floor based on recent history
- Shoppers who need weeks to decide or prefer multiple rounds of negotiation—listings here do not wait
Lake Place on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Beaches MLS. Map data © OpenStreetMap contributors.
Schools
- Palm Beach County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Westward · Elementary
- Bear Lakes · Middle
- Palm Beach Lakes · High
Zoned schools reflect the assignments reported on recent Lake Place listings and can change; always confirm with Palm Beach County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Lake Place address.
Shop the zone: Homes zoned for Forest Hill High School · Homes zoned for Palm Beach Lakes High School
The Lake Place buying strategy.
If we were buying in Lake Place today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Lake Place.
Speed, scarcity, and the price correction
Five days on market is not normal—it's what happens when available supply is minimal and the product appeals to a narrow but motivated cohort. Lake Place does not flood the MLS; when a well-prepared home hits, it moves. The million-dollar median and $799/ft² price point suggest updated interiors, desirable lot characteristics, or proximity to West Palm's core amenities. Without community pools, clubhouses, or other shared infrastructure identified in current listings, the value proposition here is the real estate itself: the home, the parcel, the address.
The year-over-year decline deserves context. A double-digit percentage drop on a high base can still leave pricing well above historical norms, and the speed of absorption indicates the market has found a clearing price buyers accept. This is not a distressed or stagnant pocket—it's one that repriced and kept moving. For sellers, that means realistic pricing is non-negotiable; for buyers, it means competition remains despite the correction, and hesitation costs opportunities.
The location and the amenities are priced into every listing in Lake Place. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Lake Place buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (3.7). Basis: Liquidity & Demand 6.0 months of supply; Owner Commitment 72% owner-occupied; Pricing Power 82.5% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a sub-market this fast and this thin, representation quality determines outcome. Momentum's broker team monitors every Lake Place listing the day it goes active, underwrites comparables with forensic precision, and moves clients into contract before the weekend open house crowd arrives. We also counsel sellers candidly: if your pricing is backward-looking, we will tell you before you go live and waste thirty days. Speed and honesty are the only edge that matters here.
Lake Place in 15 seconds.
Tools for a Lake Place buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Lake Place sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Lake Place, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Lake Place home worth?
Get a no-obligation home value based on real comparable sales in Lake Place, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in West Palm Beach →
Recently off market in Lake Place
Homes in Lake Place that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 3 on record.
- 141 Rutland Boulevard · off market
- 261 Rutland Boulevard · off market
- 612 Executive Center Drive #107 · off market
| Location | West Palm Beach, Palm Beach County, FL · ZIP 33405 |
|---|---|
| Homes in the community | 37 (FL DOR 2025 assessment roll) |
| Years built | 1925–2025 (median 1954) |
| Typical living area | 1,536 sq ft (median) |
| Home types (current listings and sales) | condos 56%, single-family 44% |
| Amenities listed by sellers | Clubhouse, Fitness Center, Pool, Tennis Court(s), Security Fence, Shuffleboard Court |
| Sale prices, last 12 months | $5,500,000 median across 3 closed sales · $1007 per sq ft |
| Days on market (closed sales) | 194 median |
| For sale right now | 3 active, 0 pending · median asking $238,000 · 6.0 months of supply |
| Owner-occupied (homestead) share | 72% |
Data as of November 6, 2026. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Lake Place key facts,” movewithmomentum.com/neighborhoods/lake-place, data as of November 6, 2026.
Just listed in Lake Place
The newest homes for sale in Lake Place right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 228 Rutland Boulevard $5,750,000 · 4 bd · 4.5 ba · 4,365 sq ft · listed Oct 15, 2026 Courtesy of Brown Harris Stevens of PB
- 616 Executive Center Drive #107 $225,000 · 2 bd · 2 ba · 770 sq ft · listed Oct 7, 2026 Courtesy of Avanti Way Realty LLC
- 602 Executive Center Drive #Unit 105 $238,000 · 2 bd · 2 ba · 770 sq ft · listed Mar 30, 2026 Courtesy of The Keyes Company
Checked against the MLS nightly. All new listings in this market.
Every Home for Sale in Lake Place Right Now (3)
All 3 active and pending Lake Place listings with a detail page, newest first, refreshed twice a day from the MLS.
- 228 Rutland Boulevard · $5,750,000 · 4 bd / 4.5 ba · listed Oct 14, 2026 · listed by Brown Harris Stevens of PB
- 616 Executive Center Drive #107 · $225,000 · 2 bd / 2 ba · listed Oct 7, 2026 · listed by Avanti Way Realty LLC
- 602 Executive Center Drive #Unit 105 · $238,000 · 2 bd / 2 ba · listed Aug 8, 2026 · listed by The Keyes Company
Recently sold in Lake Place
- 261 Rutland Boulevard · sold $5,500,000
- 141 Rutland Boulevard · sold $1,290,000
- 614 Executive Center Drive #102 · sold $202,500
Closed sales from the MLS; each page shows the sold price, taxes and value history.
More West Palm Beach home searches
- All homes for sale in West Palm Beach, FL
- Homes for sale in Palm Beach County, FL
- West Palm Beach pool homes for sale
- West Palm Beach waterfront homes for sale
- Gated communities in West Palm Beach
- Homes under $300K in West Palm Beach
- Homes from $300K to $500K in West Palm Beach
- 4-bedroom homes for sale in West Palm Beach
- West Palm Beach home values: what is my house worth?
West Palm Beach guides & data
- Market data
- Cost of living
- Best neighborhoods (ranked by data)
- Best neighborhoods
- Flood zones
- Property taxes (Palm Beach County)
- Homestead exemption (Palm Beach County)
- Home insurance cost
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
- How to stop a foreclosure in Florida
Real estate agent in West Palm Beach? Join Momentum in West Palm Beach: 100% commission, one $12K cap.
17% of homes for sale in ZIP 33401 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-11-07).
What it really costs to own in Lake Place
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $3,608/yr across 9 listings here (MLS tax records, 2026-11-07). |
|---|---|
| HOA dues | Median $670/month across 6 MLS listings (most billed monthly; 2026-11-07). Dues cover what the documents say they cover; ask for the budget and reserve study. |
| Home and flood insurance | The average Citizens Property Insurance premium in Palm Beach County is $1,753/yr (18,387 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 1992 across 9 listings. An original roof here would be about 34 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails. |
Estimated carrying cost at the median asking price, before the mortgage: about $1,117/month (tax $301, HOA $670, insurance $146). An estimate from the sources above, not a quote.
Email me new listings in Lake Place
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Lake Place
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Lake Place will answer, and the answer is published on this page for the next buyer.
Frequently Asked Questions
What is the median home price in Lake Place?
How long do homes in Lake Place take to sell?
Is Lake Place a buyer's or seller's market right now?
How many homes are in Lake Place?
What share of Lake Place is owner-occupied?
When were the homes in Lake Place built?
Who is the best real estate agent for Lake Place?
How do I find a top West Palm Beach real estate agent who knows Lake Place?
Can Momentum Realty connect me with an agent for Lake Place?
Where is Lake Place, and what county is it in?
Should you buy in Lake Place?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Beaches MLS, refreshed twice daily (last: November 6, 2026) |
| Community market stats | Beaches MLS closed sales, 12-month windows ending November 6, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 33405)) |
| Under-contract shares | Beaches MLS records, as of 2026-11-06 |
| Historical depth | Closed-sale records back to 2026 (3 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Beaches MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. A Momentum agent can price yours against live local comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Lake Place fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Lake Place with Momentum Realty’s local guides.
More on Lake Place
- Home values · What homes in Lake Place actually sell for