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$6,400,000 Just Listed
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Property Description
Incredible opportunity on a quiet North End 7400+ sf lot with beach access and nearby lake trail access. DISCLAIMER: The written and verbal information provided including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics have been obtained and conveyed from third parties such as the applicable Multiple Listing Service, public records as well as other sources. All information including that produced by the Sellers or Listing Company are subject to errors, omissions or changes without notice and should be independently verified by any prospect for the purchase of a Property. The Sellers and Listing Company expressly disclaim any warranty or representation regarding all information. Prospective purchasers' use of this or any written and verbal information is acknowledgement of this disclaimer and that Prospects shall perform their own due diligence. Prospective purchasers shall not rely on any written or verbal information provided when entering a contract for sale and purchase. Some affiliations may not be applicable to certain geographic areas. Copyright 2023 Listing Company. All Rights Reserved.
Full Property Details
Full Property Details for 245 Colonial Ln
General
- Price: $6,400,000
- Taxes: $15,377 (2025)
- Status: Active
- Type: Vacant Land
- Source: Regional
- MLS ID: B26062257
- Updated: 8/10/2026
- Added to Site: 2 day(s) ago
Location
- County: Palm Beach
- Subdivision: EL ENCANTO 2
School Information
- Elementary School: Palm Beach Public
- High School: Palm Beach Lakes
Community
- Community Name: 5001
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Sewer Connected, Water Available
Structural Information
- Current Bldg. Use: Residential, Single Family
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,405.2
- Lot Dimensions: 80 x 94
- Lot Features: 1/4 Acre
- Development Status: Completed
- Zoning: R-B (city)
Financial Considerations
- Tax Amount: $15,377.33
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: EL ENCANTO PLAT 2 W 40 FT OF LT 30 & E 40 FT OF LT 31 & 10 FT STRIP ADJ ON SOUTH
- Property ID: 50434303110000301
Listed by Douglas Elliman
Get Pre-Approved Today
Schools
Schools serving 245 Colonial Ln
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Palm Beach Public School 239 Cocoanut Row, Palm Beach, FL 33480 | K-5 | 3.3 mi |
Conniston Middle School 3630 Parker Avenue, West Palm Beach, FL 33405 | 6-8 | 5.4 mi |
Palm Beach Lakes High School 3505 Shiloh Drive, West Palm Beach, FL 33407 | 9-12 | 4.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 245 Colonial Ln
Date
Details
Price
Change
Source
8/10/2026
Listed
$6,400,000
795.1%
MLS
10/25/2000
Sold
$715,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 245 Colonial Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,381
3%
$1,060,187
3%
2024
$14,929
2%
$1,030,308
3%
2023
$14,616
—
$1,000,299
3%
2022
$14,621
-1%
$971,164
3%
2021
$14,837
—
$942,878
1%
2021
$14,837
—
$929,860
2%
2019
$14,823
5%
$908,954
2%
2018
$14,061
—
$892,006
2%
2017
$14,061
-1%
$873,659
2%
2016
$14,205
-3%
$855,690
1%
2015
$14,685
—
$849,742
1%
2014
$14,755
2%
$842,998
1%
2013
$14,449
—
$830,540
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 245 Colonial Ln
245 Colonial Lane, Palm Beach, FL 33480 (MLS# B26062257) is a Vacant Land property with a lot size of 0.17 acres. 245 Colonial Lane is currently listed for $6,400,000 and was received on August 10, 2026. Want to learn more about 245 Colonial Lane? Do you have questions about finding other Vacant Land real estate for sale in Palm Beach? You can browse all Palm Beach real estate or contact a Coldwell Banker agent to request more information.

