Home » Palm Beach » 285 Colonial Lane, Palm Beach, FL 33480 | R10975024/RX-10975024

Sold 285 Colonial Lane, Palm Beach, FL 33480

$10,400,000
closed for a price of $10,900,000

Property Highlights

Listing ID R10975024/RX-10975024 Status of this Listing: Closed Sold Property Type Residential Single Family House 8 Bedrooms 9 Bathrooms Total 8 Full Bath 1 Half Bath Living Space 5,823 Sqft/540.97 m2 approx. Building Area 6,806 Sqft/632.30 m2 approx. Lot area 14,100 Sqft/1309.93 m2 approx. The property features a private pool Year Built 1962 Time of this property from published date until Closing Date 57 Days

285 Colonial Lane, Palm Beach, FL 33480

Property Description: Located on the highly desired North End of Palm Beach, this two-story residence offers a contemporary design with luxurious finishes throughout. The state-of-the-art kitchen is a highlight of this home, perfect for those who appreciate modern architecture. The property boasts a spacious pool and spa, along with a charming guest cabana. With a total of 8 bedrooms and 8.5 bathrooms, this home offers ample space for comfort and relaxation. Recent enhancements include new lighting fixtures, outdoor loggia screens, fresh landscaping, surveillance cameras, and smart home devices. Colonial Lane offers a tranquil beach cabana area with shaded palm trees, dining tables, an outdoor shower, and comfortable lounge furniture.

Useful Info

Contingency:No Contingencies
Original List Price:$10,400,000
Close Price:$10,900,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Property Condition:
  • Resale
Construction Materials:
  • Frame
Flooring:
  • Wood
  • Other
  • Marble
Number of stories:2

Property Features

Waterfront:No
Private Pool:Yes
Swimming Pool Features:
  • Pool
Furnished:
  • Unfurnished
Appliances:
  • Dryer
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Washer
  • Gas Range
  • Ice Maker
Interior Features:
  • Walk-in Closet(s)
  • Entrance Foyer
  • Separate Shower
Air Conditioning:Yes
Air Conditioning System:
  • Zoned
  • Central Air
Heating:Yes
Heating System:
  • Central
  • Zoned

Taxes and Expenses

Tax Annual Amount:$67,119

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Buyer Possession:
  • Close Of Escrow
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:Yes
Amenities Provided by the Homeowner's Association (HOA):
  • Other
Subdivision Name:EL ENCANTO
Community Features:
  • Non-gated
Complex Name:EL ENCANTO
Senior Community:No
Restrictions: Other Restrictions

Parking

Garage:Yes
Garage Spaces:2
Covered Spaces:2

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Electricity Available
  • Natural Gas Available
  • Sewer Available
  • Water Available
Water Source:
  • Public

More Details

Other Information:
Housing Older Persons ActNo HOPA
Data exchange original Listing NumberRX-10975024
Type of Governing BodiesNo Governing Body

Zoning and Legal

Tax Legal Description:EL ENCANTO PLAT NO 2 LT 35 & E 1/2 OF LT 36
Real Estate Folio Number (Parcel Number):50434303110000350
Zoning Description:R-B--LOW

Listing History

Update/EventDate/Days
Published Date:April 4, 2024 1:41 pm
On Market Date:April 3, 2024
Listing Contract Date:April 3, 2024
Contingent Date:April 16, 2024
Close Date:May 31, 2024
Last Important Update Description:Closed
Date and Time of Last Important Update:June 3, 2024 9:00 am
Status Last Changed:June 3, 2024 12:00 am
Photos Last Modified:April 5, 2024 1:13 pm
Last Modified:July 18, 2024 12:22 pm
Days on the Market Reference Date:July 18, 2024
Days on the Market (updated on Last Modified*):13
Cumulative Days on the Market (updated on Last Modified**):13

Additional Information

Lot Size Range:,
Number of Photos:40
Location:,
Included:,,
Geographical Area:Palm Beach 5001; 5002; 5003; 5004
Area:5001
Courtesy of:Douglas Elliman
Universal Property Id:US-12099-N-50434303110000350-R-N

Location

Show Property Address:Yes
Street Name:Colonial Lane
Street Number:285
Street Address:285 Colonial Lane
City : Palm Beach
State : Florida
Zip Code : 33480
County : Palm Beach County
Full Address:285 Colonial Lane, Palm Beach, FL 33480
Latitude:N26° 45' 12.7''
Longitude:W81° 57' 36''

Neighborhood

Postal City:Palm Beach

Property Map

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