3 S Lake Trail Palm Beach, FL 33480
Estimated payment $232,761/month
Total Views
2,644
3
Beds
3
Baths
2,572
Sq Ft
$15,533
Price per Sq Ft
Highlights
- Outdoor Pool
- Waterfront
- Wood Flooring
- Palm Beach Public School Rated A-
- Traditional Architecture
- No HOA
About This Home
A tremendous 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. The property has the potential to subdivide into multiple lots. Also, views could be amazing from a second floor build. There is no other property on the island with this size, location, elevation and the ability to subdivide that is currently on the market. 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. This land is ideal for an end user to create a large estate or for a builder to subdivide with multiple options.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $117,404
Year Built
- Built in 1920
Lot Details
- 1.04 Acre Lot
- Waterfront
- Northeast Facing Home
- Property is zoned RB
Home Design
- Traditional Architecture
- Frame Construction
- Asphalt Shingled Roof
- Asphalt Roof
Interior Spaces
- 2,572 Sq Ft Home
- Ceiling Fan
- Fireplace
- Single Hung Windows
- Dining Room
- Wood Flooring
Kitchen
- Gas Range
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Outdoor Features
- Outdoor Pool
- Balcony
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- Hill Sub Subdivision
Listing and Financial Details
- Homestead Exemption
- Assessor Parcel Number 50434322230000061
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 04/08/2025 04/08/25 | For Sale | $39,950,000 | 0.0% | -- |
| 04/08/2025 04/08/25 | For Sale | $39,950,000 | -- | $15,533 / Sq Ft |
Source: Palm Beach Board of REALTORS®
Deed 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
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Source: Palm Beach Board of REALTORS®
MLS Number: 25-646
APN: 50-43-43-22-23-000-0061
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