3 S Lake Trail, Palm Beach, FL 33480 (MLS# R11079637)

3 S Lake Trail, Palm Beach, FL 33480

$24,250,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,852 Lot Size (sq. ft.): 30,492 Status: Pending
Current Price: $24,250,000 List Date: 4/08/2025 Last Modified: 3/20/2026

Overview

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

Supplements: 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)

Listing Details MLS# R11079637

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
3
Bathrooms Total
3
Bathrooms Full
3
Building Area Main
2852
Building Area Source
Other
Living Area Main
2572
Year Built
1920
Gated Community YN
No
Lot Size Area
30324
Lot Size Acres
0.7
Lot Size Dimensions
201 ft x 151.16 ft
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Stories
Yes
Direction Faces
Northeast
Fireplace YN
Yes
Pool Private YN
Yes
Furnished
Unfurnished

Property Features

Electric: Three Phase Flooring: Wood Property Condition: Resale Appliances: Dishwasher; Disposal; Gas Range; Ice Maker; Refrigerator Construction Materials: Frame Cooling: Central Air Heating: Central Laundry Features: Inside Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: No Restrictions Pool Features: In Ground Possession: Close Of Escrow Restrictions: No Restrictions Roof: Composition; Shingle Sewer: Public Sewer Special Information: Potential Tear Down Tax Information: Homestead Exemption Utilities: Sewer Available; Water Available Water Access: None Water Source: Public Showing Requirements: Call Listing Agent Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open Contingencies: None Room Types: Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: 1/2 To Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Listing Contract Date
2025-04-08
Original List Price
39950000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
3
Street Direction Prefix
S
Street Name
Lake
Street Suffix
Trail
City Name
Palm Beach
State Or Province
FL
Postal Code
33480
Postal Zip
33480
Subdivision Name
HILL SUB
Area
5002
Geographic Area
PB30
Elementary School
Palm Beach Public
High School
Forest Hill
Special Assessment YN
No
Parcel Number
50434322230000061
Zoning
R-B(ci

Financial Information

Association Deposit YN
No
Membership Fee Required YN
No
Tax Annual Amount
117404
Tax Year
2024
Tax Legal Description
HILL SUB LT 6 (LESS W 100 FT)~ LT 7 & W 18.95 FT OF LT 8

Status Change Information

Major Change Timestamp
2026-03-20T16:27:52Z
Major Change Type
Status Change
Price Change Timestamp
2025-11-21T21:30:52Z
Status Change Date
2026-03-20
Under Contract Type
Pending
Under Contract Date
2026-03-20

More Information

Short Sale Details

Short Sale Addendum
No

Main Level Rooms

Main Level Bathrooms
3
Main Level Bedrooms
3

Storm Protection

Other Protection
Partial

Showing Details

Pet(s) on Premises
No

Room Types

Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main
Kitchen
Yes
Laundry
Yes
Living Room
Yes
Master Bedroom
Yes

Price Calculations

Current Price To SqFt
9428.46

Originating Details

Originating System Key
20250408201021597859000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Amenities

None
Yes

Electric

Three Phase
Yes

Flooring

Wood
Yes

Property Condition

Resale
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Special Information

Potential Tear Down
Yes

Utilities

Sewer Available
Yes
Water Available
Yes

Heating

Central
Yes

Water Access

None
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Gas Range
Yes
Ice Maker
Yes
Refrigerator
Yes

Construction Materials

Frame
Yes

Laundry Features

Inside
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Pool Features

In Ground
Yes

Roof

Composition
Yes
Shingle
Yes

Water Source

Public
Yes

Cooling

Central Air
Yes

Showing Requirements

Call Listing Agent
Yes

Master Bedroom/Bath

None
Yes

Pets Allowed YN

Yes
Yes

Pets Allowed

No Restrictions
Yes

Restrictions

No Restrictions
Yes

Tax Information

Homestead Exemption
Yes

Outdoor Living Spaces

Balcony
Yes

Balcony Details

Balcony - Open
Yes

Contingencies

None
Yes

Acreage Description

1/2 To Less Than 1 Acre Lot
Yes

Room Information

Living Room Length: 1.00 Length: 1.00 Width: 1.00 Width: 1.00 Level: Main Kitchen Length: 1.00 Length: 1.00 Width: 1.00 Width: 1.00 Level: Main Master Bedroom Length: 1.00 Length: 1.00 Width: 1.00 Width: 1.00 Level: Main Laundry

Documents

Listing Office: Brown Harris Stevens of PB
IDX
Last Updated: March - 20 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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