Address3 S Lake Trl, Palm Beach, FL, 33480

Price$36,500,000

  • 3 Beds
  • 3 Baths
  • Residential
  • 2,572 SQ FT
  • Built in 1920

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.

Essential Information

  • MLS® #RX-11079637
  • Price$36,500,000
  • HOA Fees$0
  • Taxes$117,404 (2024)
  • Bedrooms3
  • Bathrooms3.00
  • Full Baths3
  • Square Footage2,572
  • Acres0.70
  • Price/SqFt$14,191 USD
  • Year Built1920
  • TypeResidential
  • RestrictionsNone
  • StatusActive

Community Information

  • Address3 S Lake Trl
  • Area5002
  • SubdivisionHILL SUB
  • CityPalm Beach
  • CountyPalm Beach
  • StateFL
  • Zip Code33480

Sub-Type

Residential, Single Family Detached

Utilities

3-Phase Electric, Public Sewer, Public Water

Appliances

Dishwasher, Disposal, Ice Maker, Range - Gas, Refrigerator

Amenities

  • AmenitiesNone
  • WaterfrontNone
  • Has PoolYes
  • PoolInground

Interior

  • Interior FeaturesFireplace(s)
  • HeatingCentral
  • CoolingCentral
  • FireplaceYes
  • # of Stories1
  • Stories1.00

Exterior

  • Exterior FeaturesOpen Balcony
  • Lot Description1 to < 2 Acres
  • RoofComp Shingle
  • ConstructionFrame

Additional Information

  • Days on Website66
  • ZoningR-B(ci

Listing Details

  • OfficeBrown Harris Stevens of PB
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Price Change History for 3 S Lake Trl, Palm Beach, FL (MLS® #RX-11079637)

Date Details Change
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Price Reduced from $39,950,000 to $36,500,000 $3,450,000 (8.64%)
Status Changed from New to Active

Similar Listings To: 3 S Lake Trl, Palm Beach

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Listing information last updated on June 13th, 2025 at 12:45pm EDT.

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