242 Cherry Ln
Palm Beach, FL 33480
- 3 Beds
- 3 Baths
- 2,372 sqft
3 Beds
3 Baths
2,372 sqft
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1955
Living Area
2,372 sqft
Price/Sqft
$2,786
Parking
Garage
About this House
This single-family home is located at 242 Cherry Ln, Palm Beach, FL. 242 Cherry Ln is in Palm Beach, FL and in ZIP code 33480. This property has 3 bedrooms, 3 bathrooms and approximately 2,372 sqft of floor space. This property has a lot size of 80.00 acres and was built in 1955.
242 Cherry Ln, Palm Beach, FL 33480 is a 3 bedroom, 3 bathroom, 2,372 sqft single-family home built in 1955. It last sold for $2,350,000 on May 6, 2016. It is currently off market. The Trulia Estimate is $6,608,000, with a rent estimate of $43,123/month.
Home Details for 242 Cherry Ln
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Heating & Cooling Heating: Forced Air, ElectricAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1Floors: Tile |
Interior Details Types of Rooms: Dining Room, Laundry Room |
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Exterior Home Features Roof: TileExterior: StuccoPatio |
Pool Pool |
Parking & Garage GarageParking Spaces: 2Parking: Garage Attached |
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Year Built Year Built: 1955Year Updated: 1960 |
Property Type / Style Property Type: Single Family HomeArchitecture: Other |
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Units in Building: 1 |
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Lot Area: 10018 sqft |
Price History for 242 Cherry Ln
| Date | Price | Event | Source |
|---|---|---|---|
| 05/06/2016 | $2,350,000 | Sold | Palm Beach BOR #15-2463 |
| 04/10/2015 | $1,249,000 | Sold | BeachesMLS #R10100735 |
| 01/09/2015 | $1,099,900 | Listed For Sale | Agent Provided |
| 12/22/2014 | $1,150,700 | Sold | N/A |
| 02/14/2013 | $1,099,000 | ListingRemoved | Agent Provided |
| 01/23/2011 | $1,099,000 | PriceChange | Agent Provided |
| 08/03/2010 | $1,349,000 | PriceChange | Agent Provided |
| 12/15/2009 | $1,499,000 | PriceChange | Agent Provided |
| 11/26/2009 | $1,349,000 | PriceChange | Agent Provided |
| 09/12/2008 | $1,499,000 | Listed For Sale | Agent Provided |
| 04/28/2005 | $1,150,000 | Sold | N/A |
| 06/05/2003 | $825,000 | Sold | N/A |
Market trends in Palm Beach
Last updated June 2026
Avg. sale price
$1.99M
$517KMoM
Sale-to-List Price
92.8%
0.1%MoM
Price per sq ft
$1.13K
$100MoM
Available listings
264
32MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $64,059 |
| Assessment | $5,429,637 |
Home facts updated by county records
Comparable Sales for 242 Cherry Ln
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.28 | Single-Family Home | $7,970,000 | 01/16/26 | 3 | 3 | 2,397 | |
0.05 | Single-Family Home | $6,100,000 | 11/03/25 | 4 | 3 | 2,795 | |
0.08 | Single-Family Home | $5,940,000 | 03/18/26 | 4 | 3.5 | 2,334 | |
0.17 | Single-Family Home | $7,000,000 | 10/08/25 | 3 | 3.5 | 2,993 | |
0.07 | Single-Family Home | $6,211,000 | 04/16/26 | 4 | 5 | 3,087 | |
0.08 | Single-Family Home | $9,000,000 | 02/11/26 | 3 | 4 | 2,738 | |
0.06 | Single-Family Home | $7,840,000 | 08/12/25 | 3 | 4.5 | 3,749 | |
0.27 | Single-Family Home | $6,750,000 | 03/31/26 | 3 | 4.5 | 3,038 | |
0.06 | Single-Family Home | $9,250,000 | 02/27/26 | 4 | 4.5 | 4,104 | |
0.02 | Single-Family Home | $13,420,000 | 04/24/26 | 4 | 4.5 | 3,753 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 242 Cherry Ln.
What Locals Say about Palm Beach
At least 62 Trulia users voted on each feature.
88 % Say it's dog friendly
86 % Say it's quiet
81 % Say people would walk alone at night
77 % Say car is needed
76 % Say parking is easy
74 % Say they plan to stay for at least 5 years
73 % Say there are sidewalks
72 % Say streets are well-lit
65 % Say there's holiday spirit
63 % Say yards are well-kept
61 % Say it's walkable to restaurants
50 % Say neighbors are friendly
46 % Say there are community events
44 % Say it's walkable to grocery stores
34 % Say there's wildlife
27 % Say kids play outside
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 242 Cherry Ln
Off Market Homes Near 242 Cherry Ln
Frequently asked questions about 242 Cherry Ln
- What is 242 Cherry Ln estimated to be worth?Trulia's estimated value for 242 Cherry Ln in Palm Beach, FL is $6,608,000.
- What is the price history for 242 Cherry Ln?242 Cherry Ln in Palm Beach, FL last sold for $2,350,000 in May 2016.
- Is Palm Beach a buyer's or seller's market?Palm Beach is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Palm Beach?The median sale price in Palm Beach is $1.99M. That is down $517K from the prior month.
- Does 242 Cherry Ln have air conditioning?Yes, 242 Cherry Ln in Palm Beach, FL has air conditioning.
- Does 242 Cherry Ln have a pool?Yes, 242 Cherry Ln in Palm Beach, FL has a pool.

