3 S Lake Trail

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
Bedrooms3
Bathrooms3.00
Full Baths3
Square Footage2,572
Acres0.70
Year Built1920
TypeResidential
Sub-TypeSingle Family Homes
StatusPrice Change

Community Information

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

Amenities

AmenitiesNone
WaterfrontNone
Has PoolYes
PoolInground

Utilities

3-Phase Electric, Public Sewer, Public Water

Interior

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

Appliances

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

Exterior

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

Additional Information

Listing Courtesy ofBrown Harris Stevens of PB
Date ListedApril 8th, 2025
ZoningR-B(ci

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Price Change History for 3 S Lake Trail, Palm Beach, FL (MLS® #RX-11079637)

Date	Details	Change
04/29/2025	Price Reduced from $39,950,000 to $36,500,000	$3,450,000 (8.64%)

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3 S Lake Trail, Palm Beach, FL – $36,500,000