$22,000,000
Sold · May 8, 2026
3 S Lake Trail
Palm Beach, FL 33480
HILL SUB
Explore the area: Palm Beach homes for sale · Palm Beach County real estate
Sale Summary
What this home sold for
- Sold price
- $22,000,000
- Vs. list price
- 9.3% under
- Days on market
- 346
- Price per sq ft
- $8,554
This 3-bedroom single-family home in ZIP 33480 sold for $22,000,000 on May 8, 2026. That was 9.3% below its final list price of $24,250,000. It first came on the market at $39,950,000, so the price was adjusted before it sold. It spent 346 days on the market.
Listing Snapshot
- Sold Price
- $22,000,000
- Sold On
- May 8, 2026
- Days on Site
- 346 Days
- Bedrooms
- 3
- Total Baths
- 3
- Full Baths
- 3
- Partial Baths
- 0
- Living Area
- 2,572 sqft
- Total Sq Ft
- 2,852 sqft
- Lot Size
- 0.7 Acres
- Year Built
- 1920
- Property Type
- Single Family
- MLS #
- R11079637
- Property Tax
- $117,404 (2024)
- Subdivision
- HILL SUB
- County
- Palm Beach
- Status
- Sold
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)
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 1920
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 0
- Direction Faces
- Northeast
- Lot Size (Acres)
- 0.7
- Living Sq Ft
- 2,572
- Total Sq Ft
- 2,852
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- R-B(ci
Interior Features
- Appliances
- Dishwasher / Disposal / Gas Range / Ice Maker / Refrigerator
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Wood
- Fireplace
- Yes
- Interior Features
- None
- Laundry
- Inside
- Main Level Bedrooms
- 3
- Main Level Baths
- 3
- Furnished
- Unfurnished
Exterior Features
- Construction
- Frame
- Roof
- Composition / Shingle
- Exterior Features
- Balcony / Outdoor Living Area
- Private Pool
- Yes
- Pool Features
- In Ground
- Patio & Porch
- Open / Balcony
- Waterfront Features
- None
Community & HOA
- Association Amenities
- None
- Utilities
- Sewer Available / Water Available
- Pets Allowed
- No Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Restrictions
- MLS Area
- 5002
Schools
- Elementary School
- Palm Beach Public
- High School
- Forest Hill
About the Area
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
Frequently Asked Questions
- How do I schedule a tour of 3 S Lake Trail, Palm Beach, FL 33480?
- Use the Tour button on this listing to request a showing of 3 S Lake Trail, 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 3 S Lake Trail, Palm Beach, FL 33480 still available?
- 3 S Lake Trail, Palm Beach, FL 33480 is currently listed as Sold, and has been on the market 346 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 3 S Lake Trail, Palm Beach, FL 33480?
- With 20% down ($4,850,000) on the $24,250,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 3 S Lake Trail, Palm Beach, FL 33480 is about $127,444/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 3 S Lake Trail, Palm Beach, FL 33480?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 3 S Lake Trail, 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 3 S Lake Trail, Palm Beach, FL 33480?
- 3 S Lake Trail, Palm Beach, FL 33480 is zoned for Palm Beach Public (elementary), Forest Hill (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 3 S Lake Trail, Palm Beach, FL 33480?
- Often, yes. The right offer on 3 S Lake Trail, 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 Brown Harris Stevens of PB
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 July 1, 2026.
$22,000,000
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Listed by Liza Pulitzer, Brown Harris Stevens of PB
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Recent Sales
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 16, 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.
Sold$1,300,000
Sold · October 16, 2026
223 Atlantic Avenue 2B
2 bed · 2 bath · 804 sqft · $1,617/sqft
Sold$2,295,000
Sold · October 15, 2026
2295 S Ocean Boulevard 425
3 bed · 3 bath · 1,959 sqft · $1,172/sqft
Sold$5,190,000
Sold · October 13, 2026
259 OLEANDER Avenue
4 bed · 4.5 bath · 2,493 sqft · $2,082/sqft
$560,000 under the asking price
Sold$11,000,000
Sold · October 9, 2026
261 Seminole Avenue
4 bed · 4.5 bath · 3,067 sqft · $3,587/sqft
$750,000 under the asking price
Sold$3,550,000
Sold · October 9, 2026
250 Bradley Place 408
3 bed · 2.5 bath · 1,653 sqft · $2,148/sqft
$445,000 under the asking price
Sold$420,000
Sold · October 9, 2026
3450 S Ocean Boulevard 712
1 bed · 1.5 bath · 1,008 sqft · $417/sqft
$29,900 under the asking price
See every recorded sale in ZIP 33480 or find out what your ZIP 33480 home is worth.
