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3 S Lake Trail, Palm Beach, FL 33480

$24,250,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,572 Status: Active
Current Price: $24,250,000 Last Modified: 12/05/2025

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)

More Information MLS# RX-11079637

Contract Information

Auction: No List Price/SqFt: 9428.46 Listing Date: 2025-04-08 Status: Active Original List Price: 39950000 List Price: $24,250,000 Current Price: $24,250,000

General Property Description

Governing Bodies: None Main Level Bedrooms: 3 Main Level Bathrooms: 3 Property Condition: Resale Lot Dimensions: 201 ft x 151.16 ft SqFt - Total: 2852 Waterfront: No SqFt Source: Other Gated Community: No Covered Spaces: 0 Homeowners Assoc: None Pets Allowed: Yes Pets on Premises: No Front Exp: Northeast Association Deposit: No Membership Fee Required: No Private Pool: Yes Type: Single Family Detached Total Bedrooms: 3 Baths - Full: 3 Baths - Total: 3 Year Built: 1920 SqFt - Living: 2572 Subdivision: HILL SUB Legal Desc: HILL SUB LT 6 (LESS W 100 FT)~ LT 7 & W 18.95 FT OF LT 8 Lot SqFt: 30324 Total Floors/Stories: 1

Location, Tax & Legal

Geo Area: PB30 Country: United States State/Province: FL HOPA: No Hopa Short Sale: No Tax Year: 2024 Zoning: R-B(ci Short Sale A/U: N/A Short Sale Addendum: No Taxes: 117404 Special Assessment: No REO: No Area: 5002 County: Palm Beach Parcel ID: 50434322230000061 Street #: 3 Street Dir: S Street Name: Lake Street Suffix: Trail Zip Code: 33480 Geo Lat: 26.71212 Geo Lon: -80.042006

Office/Member Info

DXORIGMLNO: RX-11079637 DXORIGMLSID: RML

Construction

Frame: 1

Master Bedroom/Bath

None: 1

Rooms

Laundry-Inside: 1

Waterfront Details

None: 1

Lot Description

1/2 to < 1 Acre: 1

Special Info

Potential Tear Down: 1

Equip/Appl Included

Dishwasher: 1 Disposal: 1 Ice Maker: 1 Range - Gas: 1 Refrigerator: 1

Private Pool Description

Inground: 1

Cooling

Central: 1

Heating

Central: 1

Exterior Features

Open Balcony: 1

Furnished

Unfurnished: 1

Interior Features

Fireplace(s): 1

Flooring

Wood Floor: 1

Porch/Patio/Balcony

Balcony: 1

Utilities

Electric: 1 Public Sewer: 1 Public Water: 1

Pet Restrictions

No Restrictions: 1

Restrict

None: 1

Roof

Comp Shingle: 1

Subdiv. Amenities

None: 1

Terms Considered

Cash: 1 Conventional: 1

Possession

At Closing: 1

Storm Protection

Other Protection: Partial

Taxes

Homestead: 1

Property Features

Construction: Frame Waterfront Details: None Private Pool Description: Inground Lot Description: 1/2 to < 1 Acre Exterior Features: Open Balcony Interior Features: Fireplace(s) Furnished: Unfurnished Rooms: Laundry-Inside Pet Restrictions: No Restrictions Restrict: None Flooring: Wood Floor Heating: Central Cooling: Central Roof: Comp Shingle Terms Considered: Cash; Conventional Utilities: Electric; Public Sewer; Public Water Special Info: Potential Tear Down Taxes: Homestead Possession: At Closing

Room Information

Living Room Length: 1.00 Width: 1.00 Length: 1.00 Level: Main Width: 1.00 Kitchen Length: 1.00 Width: 1.00 Length: 1.00 Level: Main Width: 1.00 Master Bedroom Length: 1.00 Width: 1.00 Length: 1.00 Level: Main Width: 1.00
Listing Office: Brown Harris Stevens of PB
IDX
Last Updated: December - 05 - 2025
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