How do I schedule a tour of 245 COLONIAL Lane, Palm Beach, FL 33480?

Use the Tour button on this listing to request a showing of 245 COLONIAL Lane, Palm Beach, FL 33480. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.

Is 245 COLONIAL Lane, Palm Beach, FL 33480 still available?

245 COLONIAL Lane, Palm Beach, FL 33480 is currently listed as Sold, and has been on the market 14 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.

How much is the monthly payment for 245 COLONIAL Lane, Palm Beach, FL 33480?

With 20% down ($1,280,000) on the $6,400,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 245 COLONIAL Lane, Palm Beach, FL 33480 is about $33,635/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.

How do I get pre-approved to buy 245 COLONIAL Lane, Palm Beach, FL 33480?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 245 COLONIAL Lane, Palm Beach, FL 33480. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.

What schools serve 245 COLONIAL Lane, Palm Beach, FL 33480?

245 COLONIAL Lane, Palm Beach, FL 33480 is zoned for Palm Beach Public (elementary), Palm Beach Lakes (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.

Can I negotiate the price of 245 COLONIAL Lane, Palm Beach, FL 33480?

Often, yes. The right offer on 245 COLONIAL Lane, Palm Beach, FL 33480 depends on how it's priced against comparable single family sales in Palm Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Sold

14 Days on Market

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$6,100,000

Sold · September 30, 2026

245 COLONIAL Lane

Palm Beach, FL 33480

EL ENCANTO 2

Explore the area: Palm Beach homes for sale · Palm Beach County real estate

Sale Summary

What this home sold for

Sold price: $6,100,000
Vs. list price: 4.7% under
Days on market: 14
Price per sq ft: $3,335

This 3-bedroom single-family home in ZIP 33480 sold for $6,100,000 on September 30, 2026. That was 4.7% below its final list price of $6,400,000. It spent 14 days on the market.

Bedrooms

Bathrooms

1,829

Living Sq Ft

1964

Year Built

Listing Snapshot

Sold Price: $6,100,000
Sold On: September 30, 2026
Days on Site: 14 Days
Bedrooms: 3
Total Baths: 2
Full Baths: 2
Partial Baths: 0
Living Area: 1,829 sqft
Total Sq Ft: 2,500 sqft
Lot Size: 0.17 Acres
Year Built: 1964
Property Type: Single Family
MLS #: B26062259
Property Tax: $15,377 (2025)
Subdivision: EL ENCANTO 2
County: Palm Beach
Status: Sold
Special Conditions: Standard

About This Property

A North End 3 bedroom, 2.5 bathroom bungalow on an 7400+ square foot lot with an oversized tropical pool and two-car garage. Well-maintained interiors with a generator, offering endless opportunity for the property. DISCLAIMER: The written and verbal information provided including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics have been obtained and conveyed from third parties such as the applicable Multiple Listing Service, public records as well as other sources. All information including that produced by the Sellers or Listing Company are subject to errors, omissions or changes without notice and should be independently verified by any prospect for the purchase of a Property. The Sellers and Listing Company expressly disclaim any warranty or representation regarding all information. Prospective purchasers' use of this or any written and verbal information is acknowledgement of this disclaimer and that Prospects shall perform their own due diligence. Prospective purchasers shall not rely on any written or verbal information provided when entering a contract for sale and purchase. Some affiliations may not be applicable to certain geographic areas. Copyright 2023 Listing Company. All Rights Reserved.

MLS media link

General Features

Property Type: Single Family
Status: Sold
Year Built: 1964
Property Condition: Resale
Number of Stories: 1
Levels: One
Garage Spaces: 2
Attached Garage: Yes
Parking: Attached / Driveway / Garage
Direction Faces: North
Lot Size (Acres): 0.17
Living Sq Ft: 1,829
Total Sq Ft: 2,500
Structure Type: House
Sewer: Public Sewer
Water Source: Public
Zoning: R-B (city)

Interior Features

Appliances: Cooktop / Dryer / Dishwasher / Electric Cooktop / Electric Range / Freezer / Disposal / Oven / Refrigerator / Washer
Cooling: Central Air / Ceiling Fans
Heating: Central
Flooring: Carpet / Terrazzo / Tile
Interior Features: Dining Area / Separate Formal Dining Room / None
Main Level Bedrooms: 3
Main Level Baths: 2
Total Rooms: 4

Exterior Features

Construction: Block / Stucco
Roof: Other / Tile
Architectural Style: Ranch
Private Pool: Yes
Pool Features: In Ground / Private
Lot Features: Less Than Quarter Acre

Community & HOA

Utilities: Cable Available / Electricity Available / Sewer Connected / Water Available
Pets Allowed: No Pet Restrictions / Yes
Financing Terms: Cash / Conventional
Restrictions: No Restrictions / Ok To Lease
MLS Area: 5001

Schools

Elementary School: Palm Beach Public
High School: Palm Beach Lakes

About the Area

Palm Beach

View Palm Beach Real Estate →

Browse Palm Beach homes for sale across every neighborhood and price point in Palm Beach. Available homes span single-family, townhome, and condo segments throughout the city. Palm Beach includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Palm Beach, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Palm Beach market data, see Florida Realtors' monthly statistics. Browse the latest Palm Beach listings below. Then connect with a Pure Equity agent to schedule a private showing.

Homes for Sale: 241
Under Contract: 41
Median List Price: $2,850,000
Median Sale Price (September): $2,706,000
Median $/Sq Ft: $1,642
Avg Days on Market: 171

View all 241 homes for sale in Palm Beach →

Frequently Asked Questions

How do I schedule a tour of 245 COLONIAL Lane, Palm Beach, FL 33480?: Use the Tour button on this listing to request a showing of 245 COLONIAL Lane, Palm Beach, FL 33480. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 245 COLONIAL Lane, Palm Beach, FL 33480 still available?: 245 COLONIAL Lane, Palm Beach, FL 33480 is currently listed as Sold, and has been on the market 14 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 245 COLONIAL Lane, Palm Beach, FL 33480?: With 20% down ($1,280,000) on the $6,400,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 245 COLONIAL Lane, Palm Beach, FL 33480 is about $33,635/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 245 COLONIAL Lane, Palm Beach, FL 33480?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 245 COLONIAL Lane, Palm Beach, FL 33480. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 245 COLONIAL Lane, Palm Beach, FL 33480?: 245 COLONIAL Lane, Palm Beach, FL 33480 is zoned for Palm Beach Public (elementary), Palm Beach Lakes (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 245 COLONIAL Lane, Palm Beach, FL 33480?: Often, yes. The right offer on 245 COLONIAL Lane, Palm Beach, FL 33480 depends on how it's priced against comparable single family sales in Palm Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Douglas Elliman

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 30, 2026.

$6,100,000

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Listed by Cara Coniglio McClure, Douglas Elliman

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Recently sold homes in ZIP 33480

These are the last 6 recorded closings in ZIP 33480, with the price each home actually sold for rather than what it was listed at. They closed at a median of $2,082 per square foot. The most recent closed on October 13, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.