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For sale
  • Price cut: $300K (6/1)
    $2,499,000

    156 Sea Ln, Geiger Key, FL 33040

    2beds
    2,124sqft
    : 
    $14,277/mo
    Get pre-qualified
    Single Family Residence
    Built in 1996
    0.29 Acres Lot
    $-- Zestimate®
    $1,177/sqft
    $-- HOA

    What's special

    Immediate ocean accessWaterfront diningAbundant natural lightModern open-concept floor planSoaring cathedral ceilingsStriking contemporary designClean architectural lines
    Experience modern waterfront living at this exceptional 2-Bed, 2.5-Bath oceanfront home on Geiger Key, where striking contemporary design meets one of the Florida Keys' most thoughtfully engineered homes. Designed to maximize breathtaking open water views, this architecturally striking residence, envisioned by original owner and renowned author Reese Palley, seamlessly blends contemporary design, abundant natural light, and exceptional construction. Remote-controlled blinds reveal an endless blue horizon at the touch of a button. Expansive walls of impact glass flood the interiors with natural light, while soaring cathedral ceilings enhance the home's dramatic sense of openness. The modern, open-concept floor plan is both elegant and functional, featuring clean architectural lines, spacious living areas, and a seamless connection between indoor and outdoor living. Exceptional construction sets this home apart. Engineered by structural and civil engineer Joel Roseblatt, the home was intentionally 'over-engineered' for exceptional strength and durability. Built with reinforced concrete block (CBS) construction and rare hollow-core concrete floor and roof systems, it offers remarkable structural integrity, superior fire resistance, thermal efficiency, and an unmatched sense of quiet and security. Encompassing 3,672 sq. ft. under roof, the home features expansive covered outdoor living spaces perfect for year-round entertaining, waterfront dining, or quiet mornings overlooking the open water. 270' of concrete dockage and immediate ocean access create the ideal setting for boating, world-class fishing, and unforgettable sunset cruises. Located just minutes from Key West yet surrounded by the tranquility of Geiger Key, 156 Sea Lane is a home built to endure for generations and is a standout example of architectural integrity and waterfront living in the Florida Keys. See 'supplement' tab for more history on the architecture and design of the property. This home was conceived and brought to life by its original owner, the legendary Reese Palley, who envisioned a sanctuary that combined the permanence of a fortress with the soul of an adventurer. Unlike the standard construction found throughout the islands, 156 Sea Lane was built with a commitment to durability and ''over-engineered'' by structural and civil engineer Joel Roseblatt for safety. Palley played an active, hands-on role in its design and construction, ensuring the home could withstand the elements of the Keys for generations. Concrete Reinforced Block (CBS): The skeleton of the home is high-strength concrete masonry, reinforced to provide a rock-solid foundation. Hollow Core Construction: Rarely seen in residential builds, the use of hollow core concrete slabs for the floors and the roof provides extraordinary structural spans, superior fire resistance, and incredible thermal mass. A ''Forever'' Home: The result is a structure with 3,672 sq. ft. under roof that offers a level of quietude and security that is increasingly rare, serving as a peaceful bunker against the tropical elements. To own this home is to share in the legacy of Palley -- an author, art dealer, world-class sailor, and one of the most colorful intellectuals to ever call the Florida Keys home. Before settling on Geiger Key, he gained international fame as a premier art dealer. A man of the sea, Reese circumnavigated the globe and authored over 15 books, including ''The Answer', 'Unlikely Passages'', CONCRETE: A 7,000 Year History'. Palley resided here until just before his passing at 94 in 2015, at which point the current owners took up the mantle of stewardship for this extraordinary property.
    224 days
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    1,386
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    63
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    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa H Ferringo 305-797-1221,

    Coldwell Banker Schmitt Real Estate Co

    Source: FLKMLS,MLS#: 618020MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Cooling
      • Central Air, Ceiling Fans(s)
      Appliances
      • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave
      • Laundry: Laundry Room
      Features
      • Built-in Features, Storage, Walk-in Closet(s), Bar
      • Flooring: Combination
      Interior area
      • Total structure area: 2,124
      • Total interior livable area: 2,124 sqft

      Property

      Parking
      • Parking features: Open
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Open Porch/Balcony, Patio
      • Fencing: Fenced
      • On waterfront: Yes
      Lot
      • Size: 0.29 Acres
      Details
      • Parcel number: 00146790000000
      • Zoning: URM - Urban Res Mobile Home District

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • CBS
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1996

      Community & HOA

      Community
      • Features: Bike Paths
      • Subdivision: Geiger Mobile Home (9.0)
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Geiger Key

      Financial & listing details

      • Price per square foot: $1,177/sqft
      • Tax assessed value: $1,468,116
      • Annual tax amount: $9,542
      • Date on market: 1/9/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/1/2026Price change$2,499,000-10.7%$1,177/sqft
        Source: Key West AOR #618020 Report a problem
        1/9/2026Listed for sale$2,799,000+300.7%$1,318/sqft
        Source: Key West AOR #618020 Report a problem
        10/2/2014Sold$698,500+16.4%$329/sqft
        Source: FLKMLS #564818 Report a problem
        8/19/2014Pending sale$600,000$282/sqft
        Source: BHHS FLORIDA PROPERTIES #W7600984 Report a problem
        7/18/2014Listed for sale$600,000-31.4%$282/sqft
        Source: BHHS FLORIDA PROPERTIES #W7600984 Report a problem
        8/4/2012Listing removed$875,000$412/sqft
        Source: CENTURY 21 Schwartz Realty #115843 Report a problem
        4/1/2012Price change$875,000-10.3%$412/sqft
        Source: CENTURY 21 Schwartz Realty #115843 Report a problem
        1/19/2012Listing removed$3,200$2/sqft
        Source: CENTURY 21 Schwartz Realty #115623 Report a problem
        1/19/2012Listed for sale$975,000-18.8%$459/sqft
        Source: CENTURY 21 Schwartz Realty #115843 Report a problem
        12/29/2011Price change$3,200-8.6%$2/sqft
        Source: CENTURY 21 Schwartz Realty #115623 Report a problem
        11/15/2011Listed for rent$3,500$2/sqft
        Source: Listhub #115623 Report a problem
        6/30/2011Listing removed$1,200,000$565/sqft
        Source: NCI #114059 Report a problem
        1/2/2011Listed for sale$1,200,000+961.9%$565/sqft
        Source: NCI #114059 Report a problem
        8/22/1995Sold$113,000$53/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,542 +5.4%$1,047,903 +2.9%
        2024$9,053 +3.5%$1,018,371 +3%
        2023$8,744 +2.7%$988,710 +3%
        2022$8,514 -3.4%$959,913 +3%
        2021$8,811 +0.4%$931,955 +1.4%
        2020$8,774 $919,088 +2.3%
        2019$8,774 +1.8%$898,425 +1.9%
        2018$8,615 -0.8%$881,674 +2.1%
        2017$8,684 +2.9%$863,540 -3.7%
        2016$8,441 +5.8%$896,733 +47.4%
        2015$7,979 $608,507
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 33040

        Getting around

        2 / 100
        Car-Dependent
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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