255 Colonial Ln
Palm Beach, FL 33480
- 3 Beds
- 2 Baths
- 1,882 sqft
$6,500,000
Last Sold: Apr 30, 2026
7% below list $7M
$3,454/sqft
Est. Refi. Payment $41,992/mo*
$6,500,000
Last Sold: Apr 30, 2026
7% below list $7M
$3,454/sqft
Est. Refi. Payment $41,992/mo*
3 Beds
2 Baths
1,882 sqft
Local Information
-- mins to
Description
Rarely available mint condition cottage offering an exceptional opportunity on the North End of Palm Beach. Beautifully updated throughout, the home features new marble bathrooms with Waterworks fixtures, a Wolf and Sub-Zero kitchen, custom window treatments and refined designer finishes. Membership to the highly coveted Queens Lane Cabana and access to the Queens Lane Day Dock. A romantic outdoor setting completes this residence, ideal for refined Palm Beach living.
255 Colonial Ln, Palm Beach, FL 33480 is a 3 bedroom, 2 bathroom, 1,882 sqft single-family home built in 1945. It last sold for $6,500,000 on Apr 30, 2026 (7% below the $6,995,000 asking price). More recently, it was listed as a rental in June 2025 with an asking price of $30,000 per month. That rental listing was removed on November 18, 2025. It is currently off market. The Trulia Estimate is $6,548,600, with a rent estimate of $38,435/month.
Home Highlights
Parking
1 Car Garage
Outdoor
Patio, Pool
View
No Info
HOA
None
Price/Sqft
$3,454/sqft
Listed
165 days ago
Home Details for 255 Colonial Ln
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Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1882 Square Feet |
Appliances & Utilities Appliances: Refrigerator, Gas Range, Dishwasher, Microwave, Disposal, Washer, Dryer, Double OvenDishwasherDisposalDryerMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Fireplace & Spa Fireplace: FireplaceHas a Fireplace |
Windows, Doors, Floors & Walls Window: Impact Glass, Impact Glass-Partial, Impact WindowsDoor: Impact DoorsFlooring: Marble, Hardwood |
Levels, Entrance, & Accessibility Levels: OneFloors: Marble, Hardwood |
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Exterior Home Features Roof: TilePatio / Porch: PatioExterior: Sprinkler SystemHas a Private PoolSprinkler System |
Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportNo GarageHas an Attached GarageParking Spaces: 1Parking: Attached |
Pool Pool: Fresh WaterPool |
Frontage Waterfront: NoneNot on Waterfront |
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Year Built Year Built: 1945 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence, ResidentialArchitecture: Bermuda |
Building Construction Materials: Block, Stucco |
Property Information Parcel Number: 50434303110000321 |
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Price List Price: $6,995,000Price Per Sqft: $3,454/sqft |
Status Change & Dates Off Market Date: Thu Apr 30 2026Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: Palm BeachCommunity: El Encanto |
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Building Area Building Area: 2227 Square Feet |
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Lot Area: 7405.2 sqft |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional |
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Mls Number: 26-174 |
Last check for updates: about 10 hours ago
Listed by GARY B POHRER, (561) 262-0856
SERHANT.
Bought with: GARY B POHRER, (561) 262-0856, SERHANT.
Source: Palm Beach BOR, MLS#26-174
Price History for 255 Colonial Ln
| Date | Price | Event | Source |
|---|---|---|---|
| 04/30/2026 | $6,500,000 | Sold | Palm Beach BOR #26-174 |
| 04/06/2026 | $6,995,000 | Pending | Palm Beach BOR #26-174 |
| 01/27/2026 | $6,995,000 | Listed For Sale | Palm Beach BOR #26-174 |
| 11/18/2025 | $30,000 | ListingRemoved | BeachesMLS #R11079602 |
| 06/14/2025 | $30,000 | Listed For Rent | Zillow Rentals |
| 06/13/2025 | $30,000 | ListingRemoved | BeachesMLS #R11079602 |
| 04/08/2025 | $30,000 | Listed For Rent | BeachesMLS #R11079602 |
| 08/04/2023 | ListingRemoved | BeachesMLS #R10893589 | |
| 05/31/2023 | $30,000 | Listed For Rent | BeachesMLS #R10893589 |
| 06/23/2022 | $6,500,000 | Sold | N/A |
| 05/30/1997 | $350,000 | Sold | N/A |
Market trends in Palm Beach
Last updated June 2026
Avg. sale price
$2.73M
$243KMoM
Sale-to-List Price
92.7%
0.2%MoM
Price per sq ft
$1.23K
$106MoM
Available listings
264
32MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $61,997 |
| Assessment | $4,285,137 |
Home facts updated by county records
Comparable Sales for 255 Colonial Ln
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.06 | Single-Family Home | $6,000,000 | 05/08/26 | 4 | 3 | 2,782 | |
0.08 | Single-Family Home | $7,350,000 | 06/03/26 | 3 | 3 | 2,877 | |
0.11 | Single-Family Home | $9,300,000 | 04/27/26 | 3 | 3.5 | 2,551 | |
0.10 | Single-Family Home | $7,350,000 | 04/14/26 | 4 | 4.5 | 2,471 | |
0.04 | Single-Family Home | $8,100,000 | 04/30/26 | 4 | 4.5 | 3,172 | |
0.37 | Single-Family Home | $7,500,000 | 02/11/26 | 3 | 3.5 | 3,120 | |
0.19 | Single-Family Home | $7,800,000 | 12/18/25 | 5 | 5 | 4,003 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 255 Colonial 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.
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Apartments for Rent
Homes for sale near 255 Colonial Ln
Off Market Homes Near 255 Colonial Ln
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