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248 Colonial Lane, Palm Beach, FL 33480
$6,150,000
248 Colonial Lane, Palm Beach, FL 33480View this property at 248 Colonial Lane, Palm Beach, FL 33480
248 Colonial LanePalm BeachFL33480
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Property Description
PRIME PALM BEACH OPPORTUNITY! LOCATION, LOCATION AND STEPS AWAY TO PRIVATE BEACH ACCESS AND BIKE TRAIL.This ideal North End home is move in ready, on an idyllic street with beach access at the end of the lane. This charming home invites both an indoor and outdoor lifestyle. Complete with an oversized, bright great room, living room, dining room, and 3 BRs in main house. The primary bedroom is located on the west side and 2 additional BRs are in a separate wing on the east side with shared bath. The lushly planted, private back areahas it all. Heated pool, outdoor, covered dining area and separate office or bedroom with full bath. Enjoy the outdoor lighted seating/party area. Let the Palm Beach lifestyle begin! ARCOM APPROVED final plans for new home available.
Full Property Details
Full Property Details for 248 Colonial Ln
General
- Price: $6,150,000
- Taxes: $46,666 (2023)
- Status: Active
- Type: Single Family
- MLS ID: RX-10944912
- Updated: 4/11/2024
- Added to Site: 131 day(s) ago
Interior
- Rooms/Areas: Cabana Bath, Cottage, Family, Great, Laundry-Inside, Storage
- Interior Features: Fireplace(s)
- Eating Areas: Formal
- Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Electric Range, Refrigerator, Smoke Detector, Washer, Water Heater - Elec
- Furnishings: Furniture Negotiable, Unfurnished
- Flooring: Carpet, Ceramic Tile, Tile, Wood Floor
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
- Bedroom/Bathroom: Mstr Bdrm - Ground, Spa Tub & Shower
- Primary Bedroom: 14 x 12
- Bedroom 2: 12 x 12
- Bedroom 3: 13 x 12
Other Rooms
- Living Room: 19 x 15
- Family Room: 23 x 19
- Kitchen: 12 x 10
- Dining Room: 13 x 11
- Other Room 1: Guest Cottage BR, 13.5 x 13.5
Additional Information
- Shared Amenities: Beach Access by Easement, Bike - Jog
- Pool: Yes
- Private Pool: Yes
- Pool Description: Equipment Included, Heated, In-Ground
Exterior
- Exterior Features: Auto Sprinkler, Cabana, Covered Patio, Custom Lighting, Outdoor Shower, Zoned Sprinkler
Parking
- Parking Features: Driveway, Street
Location
- Area: 5001, PB30
- County: Palm Beach
- Subdivision: El Encanto 2
- Driving Directions: North Lake Way to Colonial Lane. House on right..
Community
- Home Owners Assn.: None
- Pets Allowed: Yes
- Governing Bodies: None
Heating & Cooling
- Cooling Type: Ceiling Fan, Central, Electric
- Heating Type: Central, Electric
Utilities
- Utility Description: Electric
Structural Information
- Construction: Frame, Woodside
- Roof: Tar/Gravel
- Square Feet: 2,209
- Sq. Ft. Source: Tax Rolls
- Year Built: 1950
Lot Features
- Property View: Garden, Pool
- Lot Size (Sq. Ft.): 8,610
- Lot Size: 105x82
- Zoning: RB
- Lot Description: < 1/4 Acre
Water Features
- Water Front Desc.: None
Financial Considerations
- Price Per Sq. Ft.: $2,784.07
- Tax Amount: $46,666
- Tax Year: 2023
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: EL ENCANTO PL NO 2 LT 46 (LESS S 10 FT, N 10 FT OF S 20 FT OF W 30 FT & N 62.06 FT OF W 5 FT), 10 FT STRIP LYG N OF & A
- Restrictions: None
- APN: 50434303110000462
Listed by Brown Harris Stevens of PB (Wo
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Schools
Schools serving 248 Colonial Ln
School District:Palm Beach Schools
Rating | Name | Grades | Distance |
---|---|---|---|
239 Cocoanut Row, Palm Beach, FL 33480 | PK-5 | 3.2 mi | |
3630 Parker Ave, West Palm Bch, FL 33405 | 6-8 | 5.4 mi | |
3505 Shiloh Dr, West Palm Bch, FL 33407 | 9-12 | 4.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 248 Colonial Ln
Date
Details
Price
Change
Source
4/11/2024
Price Reduced
$6,150,000
-1.6%
MLS
12/22/2023
Listed
$6,250,000
227.23%
MLS
9/10/2019
Sold
$1,910,000
—
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 248 Colonial Ln
Year
Property Taxes
Change
Tax Assessment
Change
2023
$46,667
16%
$4,050,928
28%
2022
$40,158
24%
$3,153,866
58%
2021
$32,373
—
$1,992,919
16%
2021
$32,373
18%
$1,724,817
10%
2019
$27,397
4%
$1,572,013
2%
2018
$26,236
3%
$1,541,285
10%
2017
$25,449
5%
$1,401,168
10%
2016
$24,246
8%
$1,273,789
10%
2015
$22,546
11%
$1,157,990
10%
2014
$20,369
17%
$1,052,718
10%
2013
$17,444
—
$957,016
—
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 248 Colonial Ln
248 Colonial Lane, Palm Beach, FL 33480 (MLS# RX-10944912) is a Single Family property with 4 bedrooms and 3 full bathrooms. 248 Colonial Lane is currently listed for $6,150,000 and was received on December 22, 2023. Want to learn more about 248 Colonial Lane? Do you have questions about finding other Single Family 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.