$36,500,000
$3M PRICE DROP

3 S Lake Trail Palm Beach, FL 33480

Estimated payment $203,299/month

Total Views 23,109
3 Beds
3 Baths
2,572 Sq Ft
$14,191 Price per Sq Ft

Highlights

  • Private Pool
  • Wood Flooring
  • Fireplace
  • Palm Beach Public School Rated A-
  • Balcony
  • Open Patio

About This Home

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.

Listing Agent

Liza Pulitzer

Brown Harris Stevens of PB License #538250 Listed on: 04/08/2025

Brown Harris Stevens of PB

Co-Listing Agent

Whitney McGurk

Brown Harris Stevens of PB License #3336039

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $117,404

Year Built

  • Built in 1920

Lot Details

  • 0.7 Acre Lot
  • Property is zoned R-B(ci

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,572 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Wood Flooring
  • Laundry Room

Kitchen

  • Gas Range
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Private Pool
  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • Hill Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434322230000061

Home Details

Home Type

Single Family

Est. Annual Taxes

$117,404

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1920
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Fireplace
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Disposal, Gas Range, Ice Maker, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Hardwood, Wood
  • Living Area: 2572.0
  • Dining Room Type: Laundry
  • Stories: 1

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Frame
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434322230000061
  • Lot Size: 202.0 ft x 150.0 ft
  • Lot Size Sq Ft: 30353.0
  • Zoning Description: R-B(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 117404.0

Map

Range of Values:

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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 List to Sale Price per Sq Ft
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: BeachesMLS

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: BeachesMLS

MLS Number: R11079637

BeachesMLS

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, approximately $14,191 per square foot. This property was built in 1920. 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Listing Agent
Liza Pulitzer
Section Image
Brown Harris Stevens of PB
(561) 279-3783