$22,000,000
Palm Beach, FL 33480
MLS# R11079637
Status: Closed
3 beds | 3 baths | 2852 sqft
|
1 / 11
Property 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
Details
Maps
Documents
Contract Information
Comp Sale YN: No
Listing Date: 2025-04-08
Status: Closed
Original List Price: 39950000
Sold Price: $22,000,000
Current Price: $22,000,000
Location and Legal
Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 3
Street Direction Prefix: S
Street Name: Lake
Street Suffix: Trail
City Name: Palm Beach
State Or Province: FL
Postal Code: 33480
Postal Zip: 33480
Subdivision Name: HILL SUB
Area: 5002
Geographic Area: PB30
Elementary School: Palm Beach Public
High School: Forest Hill
Special Assessment YN: No
Parcel Number: 50434322230000061
Zoning: R-B(ci
General Property Information
Property Sub Type: Single Family Residence
Bedrooms Total: 3
Bathrooms Total: 3
Bathrooms Full: 3
Building Area Main: 2852
Building Area Source: Other
Living Area Main: 2572
Year Built: 1920
Gated Community YN: No
Lot Size Area: 30324
Lot Size Acres: 0.7
Lot Size Dimensions: 201 ft x 151.16 ft
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: 1
Stories: 1
Direction Faces: Northeast
Fireplace YN: Yes
Pool Private YN: Yes
Furnished: Unfurnished
Financial Information
Association Deposit YN: No
Membership Fee Required YN: No
Tax Annual Amount: 117404
Tax Year: 2024
Tax Legal Description: HILL SUB LT 6 (LESS W 100 FT)~ LT 7 & W 18.95 FT OF LT 8
Status Change Information
Major Change Timestamp: 2026-05-11T18:58:54Z
Major Change Type: Status Change
Price Change Timestamp: 2025-11-21T21:30:52Z
Status Change Date: 2026-05-11
Under Contract Date: 2026-03-20
Close Date: 2026-05-08
Close Price: 22000000
Buyer Financing: Cash
Short Sale Details
Short Sale Addendum: No
Main Level Rooms
Main Level Bathrooms: 3
Main Level Bedrooms: 3
Storm Protection
Other Protection: Partial
Room Types
Kitchen Level: Main
Living Room Level: Main
Master Bedroom Level: Main
Price Calculations
Current Price To SqFt: 9428.46
Originating Details
Originating System Key: 20250408201021597859000000
Originating System ID: M00000170
Property Features
Electric: Three Phase
Flooring: Wood
Property Condition: Resale
Appliances: Dishwasher; Disposal; Gas Range; Ice Maker; Refrigerator
Construction Materials: Frame
Cooling: Central Air
Heating: Central
Laundry Features: Inside
Listing Terms: Cash; Conventional
Pets Allowed YN: Yes
Pets Allowed: No Restrictions
Pool Features: In Ground
Possession: Close Of Escrow
Restrictions: No Restrictions
Roof: Composition; Shingle
Sewer: Public Sewer
Special Information: Potential Tear Down
Tax Information: Homestead Exemption
Utilities: Sewer Available; Water Available
Water Access: None
Water Source: Public
Showing Requirements: Call Listing Agent
Outdoor Living Spaces: Balcony
Balcony Details: Balcony - Open
Contingencies: None
Room Types: Kitchen; Laundry; Living Room; Master Bedroom
Acreage Description: 1/2 To Less Than 1 Acre Lot
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)
Room Information
| Room Name | Length | Width | Level |
| Living Room | 1.00 | 1.00 | Main |
| Kitchen | 1.00 | 1.00 | Main |
| Master Bedroom | 1.00 | 1.00 | Main |
| Laundry |
Survey 
Listing Office: Brown Harris Stevens of PB
Last Updated: August - 11 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.