$24,250,000
Under ContractPrice Reduced3 S Lake Trail, Palm Beach, FL 33480
Palm Beach, FL
Hill Sub
Beds
3 Beds
Baths
3 Baths
Living Area
2,572 Sq Ft
Lot
0.70 acres
Built
1920
Days Listed
346
Original Price
$39,950,000
Price Per Sq Ft
$9,428/sqft
Listed
Apr 8, 2025
Last Price Change
Nov 21, 2025
Garage
0 spaces
Property Type
Single Family Residence
About This Property
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 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)
Property Snapshot
Property Type
Residential
Sub Type
Single Family Residence
Stories
1
Total Baths
3
Building Area
2,852 sq ft
Lot Size
30,324 sq ft
Lot Profile
1/2 To Less Than 1 Acre Lot
Condition
Resale
MLS #
R11079637
Waterfront, Boating & Outdoor
Waterfront
None
Private Pool
Yes
Pool Features
In Ground
Interior & Construction
Primary Bedroom
None
Rooms
Kitchen, Laundry, Living Room, Master Bedroom
Appliances
Disposal, Dishwasher, Gas Range, Ice Maker, Refrigerator
Flooring
Wood
Construction
Frame
Heating
Central
Cooling
Central Air
Furnished
Unfurnished
Parking, HOA & Rules
Garage Spaces
0
Community / Access
None
Pets Allowed
Yes, No Restrictions
Restrictions
No Restrictions
Taxes, Utilities & MLS
Annual Taxes
$117,404
Tax Year
2024
Parcel Number
50434322230000061
Zoning
R-B(ci
County
Palm Beach
MLS Area
5002
Sewer
Public Sewer
Water Source
Public
Utilities
Sewer Available, Water Available
Photos
11
Videos
1
Listing courtesy of Brown Harris Stevens of PB
Listing Agent: Liza Pulitzer
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the BeachesMLS. Real estate listings held by brokerage firms other than Levin Investments, Inc are marked with the IDX logo and detailed information about them includes the name of the listing broker. Data provided is deemed reliable but is not guaranteed. All information is subject to change and should be independently verified.