248 Colonial Ln, Palm Beach, FL 33480
FOR SALEOPEN SUN, 3-5PM

248 Colonial Ln
Palm Beach, FL 33480

  • 4 Beds
  • 3 Baths
  • 2,209 sqft
  • 4 Beds
  • 3 Baths
  • 2,209 sqft

$6,150,000

Original price: $6,250,000
Est. Mortgage $37,040/mo*

Local Information

map showing home location
© Google
-- mins to
Commute Destination

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 area
has 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.

Open House

Sunday, April 28
3:00 PM to 5:00 PM

Home Highlights

Parking
No Info
Outdoor
Pool
View
No Info
HOA
None
Price/Sqft
$2,784
Listed
127 days ago

Home Details for 248 Colonial Ln

Interior Features

Interior Details
Number of Rooms: 8Types of Rooms: Dining Room, Kitchen, Master Bedroom, Bedroom 2, Bedroom 3, Guest Cottage Suite, Living Room, Family Room
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3
Dimensions and Layout
Living Area: 2209 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Electric Range, Oven, Microwave, Washer, DryerDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
Fireplace: FireplaceHas a Fireplace
Windows, Doors, Floors & Walls
Window: Single Hung, Window TreatmentsFlooring: Hardwood, Tile, Carpet
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Hardwood, Tile, Carpet
Security
Security: No Security, Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: AsphaltOther Structures: Guesthouse/CottageExterior: Sprinkler SystemHas a Private PoolSprinkler System
Parking & Garage
No CarportNo GarageParking: No Garage
Pool
Pool: Pool, Fresh Water, Electric Heat, Pool Size (14'x14')Pool
Frontage
WaterfrontWaterfront: No - Waterfront, Ocean AccessOn Waterfront

Days on Market

Days on Market: 127

Property Information

Year Built
Year Built: 1950
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence, ResidentialArchitecture: Traditional
Building
Construction Materials: Frame
Property Information
Parcel Number: 50434303110000462

Price & Status

Price
List Price: $6,150,000Price Per Sqft: $2,784
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Location

Direction & Address
City: Palm BeachCommunity: El Encanto

Agent Information

Listing Agent
Listing ID: 23-2074

Building

Building Area
Building Area: 2523 Square Feet

Lot Information

Lot Area: 8712 sqft

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash Terms, Conventional

Compensation

Transaction Broker Commission: 2.50Transaction Broker Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 23-2074
Last check for updates: about 16 hours ago
Listing courtesy of Ashley Lickle O'Neil, (203) 219-1421
Brown Harris Stevens of Palm Beach 5225
Source: Palm Beach BOR, MLS#23-2074

Price History for 248 Colonial Ln

DatePriceEventSource
04/11/2024$6,150,000PriceChange
Palm Beach BOR #23-2074
12/22/2023$6,250,000Listed For SaleBeachesMLS #RX-10944912
09/10/2019$1,910,000Sold
Palm Beach BOR #18-2133
07/23/2019$2,295,000PendingAgent Provided
07/03/2019$2,295,000PriceChange
Agent Provided
03/18/2019$2,395,000PriceChange
Agent Provided
01/23/2019$2,495,000PriceChange
Agent Provided
11/05/2018$2,595,000Listed For SaleAgent Provided
08/02/2002$817,500Sold
N/A
03/22/2000$612,000Sold
N/A
11/24/1998$425,000Sold
N/A

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Property Taxes and Assessment

Year2022
Tax$40,157
Assessment$3,153,866
Home facts updated by county records

Comparable Sales for 248 Colonial Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.11
Single-Family Home
$4,900,000
04/15/24
4
4
2,759
0.14
Single-Family Home
$6,100,000
05/02/23
4
3
2,618
0.07
Single-Family Home
$6,628,462
10/30/23
4
4
3,436
0.11
Single-Family Home
$8,775,000
09/05/23
4
4
3,092
0.44
Single-Family Home
$4,705,000
12/29/23
6
4
3,136
0.44
Single-Family Home
$7,495,000
04/15/24
3
3
3,533
0.73
Single-Family Home
$7,250,000
12/29/23
4
3
2,853
0.24
Single-Family Home
$16,900,000
07/28/23
5
5
4,467
0.19
Single-Family Home
$13,000,000
12/18/23
6
7
4,550

What Locals Say about Palm Beach

  • Ltrogus
    "Palm Beach is beautiful and a treasure. Lush landscaping beautiful homes. Great restaurants and high end shopping. "
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    "Water intracoastal and ocean views/access. It’s a great place for laud-back chic and refined taste to have a rest while playing golf or just walking in an uncrowded beach with crystal waters. "
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  • Angelcakes2210
    "It’s a beautiful neighborhood to walk your dog anytime of day, every dog owner is respectful cleans up after themselves."
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  • Stephen W.
    "North end of the island is more family friendly , primary school and local activities and facilities are great "
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  • Ltrogus
    "It’s all about the beautiful beach! Lovely condos with water views east and west. No short term rentals, just great seasonal residents although that is changing with more year round residents who travel in the summer months. "
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  • Greer.lou
    "Great, safe place to live. Lots of flowers and vegetation along A1A. I snorkel in front of the building and often see fish."
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  • Ceben
    "Blocks from Worth Avenue shops and restaurants and a quick walk to the beach. Such a fun place to live!"
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  • MDC
    "Worth every penny! paradise! I spend weekends here and considering moving permanently from NYC. My home is on north palm beach island and there is no better place to wake up and walk (about 90 seconds) to the private beach. Its like medicine for the soul! In three years here the homes have only gone up up up in value so a great investment to boot!"
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  • DSLMC
    "community Meetings on a private beach with neighbors and those who care about our safe and beautiful community. "
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  • Drew D
    "Great neighborhood, very nice people, beautiful weather, golf heaven, wouldn’t want to live anywhere else. "
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  • Lois
    "This is a fabulous area, clean, safe, walking running. town golf. Ocean, intercoastal. Farmer's market by bridge/pier on Sat., fishing pier shops, restaurants, surfing, at Lake Worth Pier opposite the bridge. Four Seasons + Omphoy hotels for dining, bars, nights on the block. also Fairfield Inn for cheaper rates. Nearby Lake Worth has dining, street fairs, activities, antiques, cute shops. Palm Beach a short drive with haute shopping, dining, elegance. PBI International Airport 20 minutes away. Manalapan dining and shopping to the south, near Boca Raton. all easy drive for dinners or shopping. Lots of nature centers within 1 hour drive. lots of biking and boating, genteel walkers and runners, sidewalk for safety. . "
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  • allelulia100
    "I live here! This is the Best area to live in. Friendly, safe and secure!"
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  • Dick H.
    "An incredible place to live. Wake up in the morning for a walk on the beach and a bike ride to north end of Palm Beach without seeing virtually any traffic. Great restaurants within walking distance."
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  • Susanna M. G. P.
    "Very secluded, super exclusive, wonderfully peaceful & private, amongst new & historic estates between the gorgeous beach on the Atlantic Ocean with turtles and dolphins and the Intracoastal Waterway (ICW) . "
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LGBTQ Local Legal Protections

Ashley Lickle O'Neil, Brown Harris Stevens of Palm Beach 5225
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
248 Colonial Ln, Palm Beach, FL 33480 is a 4 bedroom, 3 bathroom, 2,209 sqft single-family home built in 1950. This property is currently available for sale and was listed by Palm Beach BOR on Dec 22, 2023. The MLS # for this home is MLS# 23-2074.