Price Reduction
Address
248 Colonial Lane, Palm Beach, FL
Price
$ 6,150,000
Property Attributes
  • MLS#RX10944912
  • TypeSingle Family
  • CountyPALM BEACH
  • CityPalm Beach
  • Area5001
  • NeighborhoodEl Encanto 2
  • Zip33480
  • Style
  • Year Built1950
  • Taxes$ 46666
  • Price$ 6,150,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2209
  • Lot Size8,610 SqFt
Data Source:
Beaches MLS
Property Description

PRIME PALM BEACH OPPORTUNITY! LOCATION, LOCATION AND STEPS AWAY TO PRIVATE BEACH ACCESS AND BIKE TRAIL.This ideal North End home is move in ready, on an idyllic street with beach access at the end of the lane. This charming home invites both an indoor and outdoor lifestyle. Complete with an oversized, bright great room, living room, dining room, and 3 BRs in main house. The primary bedroom is located on the west side and 2 additional BRs are in a separate wing on the east side with shared bath. The lushly planted, private back areahas it all. Heated pool, outdoor, covered dining area and separate office or bedroom with full bath. Enjoy the outdoor lighted seating/party area. Let the Palm Beach lifestyle begin! ARCOM APPROVED final plans for new home available.

Price History
12/22/2023 Listed $6,250,000
4/11/2024 2% - $6,150,000

General Features

Interior Features Fireplace(s)
Construction Frame,Woodside
Heating Central,Electric
Cooling Ceiling Fan,Central,Electric
Utilities Electric
Possession At Closing
Roof Tar/Gravel
Parking Driveway,Street
Pets Allowed Yes
Exterior Features Auto Sprinkler,Cabana,Covered Patio,Custom Lighting,Outdoor Shower,Zoned Sprinkler
Zoning RB
HOA None
Number of Garage Spaces 0.00
Status Active
Full Baths 3
Year Built 1950
REO No
Subdivision EL ENCANTO 2
View Garden,Pool
Type Single Family Detached
Rooms Cabana Bath,Cottage,Family,Great,Laundry-Inside,Storage
Property Type A
Area 5001
Auction No
Tax Year 2023
Terms Considered Cash,Conventional
Short Sale No
Restrict None
Taxes 46666.00
Geo Lat 26.753189
Adult 55+ No Hopa
Governing Bodies None
Membership Fee Required No
Virtual Tour https://www.propertypanorama.com/248-Colonial-Lane-Palm-Beach-FL-33480/unbranded
Geo Area PB30
Geo Lon -80.038691
Legal Description EL ENCANTO PL NO 2 LT 46 (LESS S 10 FT,N 10 FT OF S 20 FT OF W 30 FT & N 62.06 FT OF W 5 FT),10 FT STRIP LYG N OF & A

Interior Features

Dining Area Formal
Flooring Carpet,Ceramic Tile,Tile,Wood Floor
Furnished Y/N Furniture Negotiable,Unfurnished
Total Bedrooms 4
Master Bedroom/Bath Mstr Bdrm - Ground,Spa Tub & Shower
Total Bathrooms 3.00
SqFt - Living 2209.00
Total Floors/Stories 1.00
Equip/Appl Included Cooktop,Dishwasher,Disposal,Dryer,Freezer,Microwave,Range - Electric,Refrigerator,Smoke Detector,Washer,Water Heater - Elec

Exterior Features

Lot Description < 1/4 Acre
Waterfront No
Waterfront None
Guest House Yes
Private Pool Y/N Yes
Lot Dimensions 105x82
Subdiv. Amenities Beach Access by Easement,Bike - Jog
Storm Protection: Other Protection Partial

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33480

Price
AVG $18.27M
$6.15M
Taxes
AVG $91,475
$46,666
Visits
AVG 79
299
Data Provided by Inside Real Estate®
Year Built
AVG 1974
1950

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