3 S Lake Trail, Palm Beach, FL 33480
$24,250,000
Property Type:
Residential
Bedrooms:
3
Baths:
3
Square Footage:
2,852
Lot Size (sq. ft.):
30,492
Status:
Active
Current Price:
$24,250,000
List Date:
4/08/2025
Last Modified:
2/25/2026
Description
A once-in-a-lifetime opportunity to own one of Palm Beach's most storied parcels, originally acquired from Henry Flagler interests, nearly a century ago. This 30,324 SF property (~201 frontage x ~151' deep) crowns Chapel Hill, one of the island's highest points (Elevation: 16.6'), capturing ocean breezes and potential vistas of The Breakers and its renowned golf course. Enveloped by mature trees on a picturesque cul-de-sac of only five homes, it offers exceptional privacy and tranquility in the very heart of Palm Beach. Perfectly situated among the Flagler Museum, The Royal and Glazer Hall, The Breakers, and The Society of the Four Arts, the address balances exclusivity with effortless access to Palm Beach's finest cultural, dining, and shopping destinations. Whether you envision
Supplements: an elegant single estate or a bespoke compound, the property's rare size, elevation, and pedigree present limitless possibilities. The contiguous lot to the west can be purchased for a combined size of 45,490 SF (~302' frontage x ~151' deep)
More Information MLS# R11079637
Contract Information
Comp Sale YN: No
Listing Contract Date: 2025-04-08
Status: Active
Original List Price: 39950000
List Price: $24,250,000
Current Price: $24,250,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Palm Beach
Postal Zip: 33480
Geographic Area: PB30
Special Assessment YN: No
Country: United States
Street Number: 3
Street Direction Prefix: S
Street Name: Lake
Street Suffix: Trail
State Or Province: FL
Postal Code: 33480
Subdivision Name: HILL SUB
Area: 5002
Elementary School: Palm Beach Public
High School: Forest Hill
Parcel Number: 50434322230000061
Zoning: R-B(ci
General Property Information
Living Area Main: 2572
Lot Size Dimensions: 201 ft x 151.16 ft
Gated Community YN: No
Lot Size Area: 30324
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Furnished: Unfurnished
Stories Total: 1
Stories: 1
Fireplace YN: Yes
Pool Private YN: Yes
Property Sub Type: Single Family Residence
Bedrooms Total: 3
Bathrooms Total: 3
Bathrooms Full: 3
Building Area Main: 2852
Building Area Source: Other
Year Built: 1920
Lot Size Acres: 0.7
Direction Faces: Northeast
Financial Information
Association Deposit YN: No
Membership Fee Required YN: No
Tax Annual Amount: 117404
Tax Year: 2024
Tax Legal Description: HILL SUB LT 6 (LESS W 100 FT)~ LT 7 & W 18.95 FT OF LT 8
Office/Member Information
DXORIGMLSID: RML
Amenities
None: 1
Electric
Three Phase: 1
Flooring
Wood: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Special Information
Potential Tear Down: 1
Utilities
Sewer Available: 1
Water Available: 1
Heating
Central: 1
Water Access
None: 1
Appliances
Dishwasher: 1
Disposal: 1
Gas Range: 1
Ice Maker: 1
Refrigerator: 1
Construction Materials
Frame: 1
Laundry Features
Inside: 1
Listing Terms
Cash: 1
Conventional: 1
Pool Features
In Ground: 1
Roof
Composition: 1
Shingle: 1
Water Source
Public: 1
Cooling
Central Air: 1
Showing Requirements
Call Listing Agent: 1
Main Level Rooms
Main Level Bathrooms: 3
Main Level Bedrooms: 3
Master Bedroom/Bath
None: 1
Pets Allowed YN
Yes: 1
Pets Allowed
No Restrictions: 1
Restrictions
No Restrictions: 1
Storm Protection
Other Protection: Partial
Tax Information
Homestead Exemption: 1
Showing Details
Pet(s) on Premises: No
Outdoor Living Spaces
Balcony: 1
Balcony Details
Balcony - Open: 1
Room Types
Kitchen: 1
Kitchen Level: Main
Laundry: 1
Living Room: 1
Living Room Level: Main
Master Bedroom: 1
Master Bedroom Level: Main
Price Calculations
Current Price To SqFt: 9428.46
Acreage Description
1/2 To Less Than 1 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2025-11-21T21:30:52Z
Major Change Type: Price Reduced
Price Change Timestamp: 2025-11-21T21:30:52Z
Status Change Date: 2025-04-08
Originating Details
Originating System Key: 20250408201021597859000000
Originating System ID: M00000170
Property Features
Electric: Three Phase
Flooring: Wood
Property Condition: Resale
Appliances: Dishwasher; Disposal; Gas Range; Ice Maker; Refrigerator
Construction Materials: Frame
Cooling: Central Air
Heating: Central
Laundry Features: Inside
Listing Terms: Cash; Conventional
Pets Allowed YN: Yes
Pets Allowed: No Restrictions
Pool Features: In Ground
Possession: Close Of Escrow
Restrictions: No Restrictions
Roof: Composition; Shingle
Sewer: Public Sewer
Special Information: Potential Tear Down
Tax Information: Homestead Exemption
Utilities: Sewer Available; Water Available
Water Access: None
Water Source: Public
Showing Requirements: Call Listing Agent
Outdoor Living Spaces: Balcony
Balcony Details: Balcony - Open
Room Types: Kitchen; Laundry; Living Room; Master Bedroom
Acreage Description: 1/2 To Less Than 1 Acre Lot
Room Information
Living Room
Length: 1.00
Length: 1.00
Width: 1.00
Width: 1.00
Level: Main
Kitchen
Length: 1.00
Length: 1.00
Width: 1.00
Width: 1.00
Level: Main
Master Bedroom
Length: 1.00
Length: 1.00
Width: 1.00
Width: 1.00
Level: Main
Laundry
Documents
Survey ›
Listing Office:
Brown Harris Stevens of PB
Last Updated: February - 25 - 2026
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