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$24,250,000 Sale Pending
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Property 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 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)
Full Property Details
Full Property Details for 3 S Lake Trail
General
- Price: $24,250,000
- Taxes: $117,404 (2024)
- Status: Pending
- Type: Single Family
- Source: Regional
- MLS ID: R11079637
- Updated: 3/20/2026
- Added to Site: 358 day(s) ago
Interior
- Interior Features: None
- Fireplace: Yes
- Appliances: Dishwasher, Disposal, Gas Range, Ice Maker, Refrigerator
- Furnishings: Unfurnished
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Main Floor Baths: 3
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Other Rooms
- Laundry: Inside
Additional Information
- Shared Amenities: None
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground
Exterior
- Exterior Features: Balcony, Outdoor Living Area
- Porch/Patio/Deck: Open, Balcony
Location
- County: Palm Beach
- Subdivision: HILL SUB
- Direction Faces: Northeast
School Information
- Elementary School: Palm Beach Public
- High School: Forest Hill
Community
- Community Name: 5002
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Construction: Frame
- Roof: Composition, Shingle
- Stories/Levels: 1
- Building Size: 2852
- Square Feet: 2,572
- Living Area: 2,572 Sq. Ft.
- Year Built: 1920
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.7
- Lot Size (Sq. Ft.): 30,492
- Lot Dimensions: 201 ft x 151.16 ft
- Zoning: R-B(ci
Water Features
- Water Front View: None
Financial Considerations
- Tax Amount: $117,404
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: HILL SUB LT 6 (LESS W 100 FT)~ LT 7 & W 18.95 FT OF LT 8
- Property ID: 50434322230000061
Listed by Brown Harris Stevens of PB
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Schools
Schools serving 3 S Lake Trail
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Palm Beach Public School 239 Cocoanut Row, Palm Beach, FL 33480 | K-5 | 0.4 mi |
Conniston Middle School 3630 Parker Avenue, West Palm Beach, FL 33405 | 6-8 | 2.7 mi |
Forest Hill Community High School 6901 Parker Avenue, West Palm Beach, FL 33405 | 9-12 | 4.3 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 3 S Lake Trail
Date
Details
Price
Change
Source
11/21/2025
Price Reduced
$24,250,000
-33.56%
MLS
4/29/2025
Price Reduced
$36,500,000
-8.64%
MLS
4/08/2025
Listed
$39,950,000
—
MLS
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 3 S Lake Trail
Year
Property Taxes
Change
Tax Assessment
Change
2025
$30,446
3%
$1,946,813
3%
2024
$29,609
3%
$1,891,947
3%
2023
$28,875
—
$1,836,842
3%
2022
$28,969
-2%
$1,783,342
3%
2021
$29,558
—
$1,731,400
1%
2021
$29,558
—
$1,707,495
2%
2019
$29,534
5%
$1,669,106
2%
2018
$28,142
—
$1,637,984
2%
2017
$28,114
5%
$1,604,294
2%
2016
$26,683
-3%
$1,571,297
1%
2015
$27,586
—
$1,560,374
1%
2014
$27,722
2%
$1,547,990
2%
2013
$27,158
—
$1,525,113
—
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 3 S Lake Trail
3 S Lake Trail, Palm Beach, FL 33480 (MLS# R11079637) is a Single Family property with 3 bedrooms and 3 full bathrooms. 3 S Lake Trail is currently listed for $24,250,000 and was received on April 08, 2025. Want to learn more about 3 S Lake Trail? 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.

