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$24,250,000
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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
Full Property Details
Full Property Details for 3 S Lake Trail
General
- Price: $24,250,000
- Taxes: $117,404 (2024)
- Status: Active
- Type: Single Family
- Source: Regional
- MLS ID: RX-11079637
- Updated: 11/22/2025
- Added to Site: 283 day(s) ago
Interior
- Rooms/Areas: Laundry-Inside
- Interior Features: Fireplace(s)
- Appliances: Dishwasher, Disposal, Ice Maker, Gas Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Wood Floor
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
- Bedroom/Bathroom: None
- Primary Bedroom: 1 x 1
Other Rooms
- Living Room: 1 x 1
- Kitchen: 1 x 1
Additional Information
- Shared Amenities: None
- Pool: Yes
- Private Pool: Yes
- Pool Description: In-Ground
Exterior
- Exterior Features: Open Balcony
Location
- Area: 5002, PB30
- County: Palm Beach
- Subdivision: Hill Sub
Community
- Home Owners Assn.: None
- Pets Allowed: Yes
- Governing Bodies: None
Heating & Cooling
- Cooling Type: Central
- Heating Type: Central
Utilities
- Utility Description: Electric, Public Sewer, Public Water
Structural Information
- Construction: Frame
- Roof: Composition Shingles
- Square Feet: 2,572
- Sq. Ft. Source: Other
- Year Built: 1920
Lot Features
- Lot Size (Sq. Ft.): 30,324
- Lot Size: 201 ft x 151.16 ft
- Zoning: R-B(ci
- Lot Description: 1/2 to < 1 Acre
Water Features
- Water Front Desc.: None
Financial Considerations
- Price Per Sq. Ft.: $9,428.46
- Tax Amount: $117,404
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Potential Tear Down
- Legal Description: HILL SUB LT 6 (LESS W 100 FT)~ LT 7 & W 18.95 FT OF LT 8
- Restrictions: None
- APN: 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 Pitney Bowes 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# RX-11079637) 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.

