$36,500,000

3 S Lake Trail Palm Beach, FL 33480

Estimated payment $211,368/month

Total Views 16,149
1.04 Acres
$35,096,154 Price per Acre
45,302 Sq Ft Lot

About This Lot

16.6 feet of elevation! A tremendous 1+ acre land opportunity is situated high up on Chapel Hill and now available for sale. It has never been on the market before. The elevation is incredible and the dimensions are ~300 x ~150, totaling 45,490 SF. Currently the property is platted for 2 buildable lots with the ability to possibly subdivide into 3 lots. Also, views could be amazing from a second floor build. The location is superb as there are only 5 houses on this lovely cul de sac street. The property has many mature trees throughout and the sense of privacy is exceptional. There is no other property on the island with this size, location, elevation and the ability to subdivide. This land is ideal for an end user to create a large estate or for a builder to subdivide with multiple options

Listing Agent

Liza Pulitzer

Brown Harris Stevens of Palm Beach 5225 License #SL-538250 Listed on: 04/08/2025

Brown Harris Stevens of Palm Beach 5225

Co-Listing Agent

Whitney McGurk

Brown Harris Stevens of Palm Beach 5225 License #SL-3336039

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $117,404

Lot Details

  • 1.04 Acre Lot
  • Property is zoned RB

Utilities

  • Electricity To Lot Line

Community Details

  • Hill Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434322230000061

Property Details

Property Type

Land

Est. Annual Taxes

$117,404

Lot Details

0

Listing Details

  • Property Sub Type: Single Family/Residential Estate
  • Prop. Type: Land
  • Lot Size Acres: 1.04
  • Subdivision Name: Hill Sub
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Taxes2: 117404.0
  • Location Tax Legal:Tax Year2: 2024
  • General Property Description:Waterfront: No
  • General Property Description:Lot Dim (1): 302.95
  • General Property Description:Lot SqFt: 45490
  • Land Improvements:Electric at Site: Yes
  • Land Improvements:Water Available: Yes
  • Special Features: None

Exterior Features

  • Lot Features: 1 to 3 Acres

Utilities

  • Utilities: Electric at Site, Water Available

Lot Info

  • Lot Size Sq Ft: 45490.0
  • Parcel #: 50434322230000061
  • Zoning: RB
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 117404.0
  • Tax Year: 2024

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $29,609 $1,891,947 -- --
2023 $28,875 $1,836,842 $0 $0
2022 $28,969 $1,783,342 $0 $0
2021 $29,558 $1,731,400 $0 $0
2020 $29,595 $1,707,495 $0 $0
2019 $29,534 $1,669,106 $0 $0
2018 $28,142 $1,637,984 $0 $0
2017 $28,114 $1,604,294 $0 $0
2016 $26,683 $1,571,297 $0 $0
2015 $27,586 $1,560,374 $0 $0
2014 $27,722 $1,547,990 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 Price Changed $36,500,000 -8.6% --
04/08/2025 04/08/25 For Sale $39,950,000 -- --
Source: Palm Beach Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Source: Public Records

Source: Palm Beach Board of REALTORS®

MLS Number: 25-647

APN: 50-43-43-22-23-000-0061

Florida Palm Beach County Palm Beach 33480

3 S Lake Trail, Palm Beach, FL

This home is located at 3 S Lake Trail, Palm Beach, FL 33480 and is currently priced at $36,500,000. 3 S Lake Trail is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High School.

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Listing Agent
Liza Pulitzer
Section Image
Brown Harris Stevens of Palm Beach 5225
(561) 279-3783