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Sold for $6,100,000
    • $6,100,000

    245 Colonial Ln, Palm Beach, FL 33480

    3beds
    1,829sqft
    Single Family Residence, Residential
    Built in 1964
    80 Acres Lot
    $6,103,300 Zestimate®
    $3,335/sqft
    $-- Estimated rent

    Home value

    $6,103,300

    $5.49M - $6.77M

    Not available

    Zestimate® history
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    What's special

    Two-car garageOversized tropical poolWell-maintained interiors
    A North End 3 bedroom, 2.5 bathroom bungalow on an 7400+ square foot lot with an oversized tropical pool and two-car garage. Well-maintained interiors and a generator, offering endless opportunity for the property. DISCLAIMER: The written and verbal information provided including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics have been obtained and conveyed from third parties such as the applicable Multiple Listing Service, public records as well as other sources. All information including that produced by the Sellers or Listing Company are subject to errors, omissions or changes without notice and should be independently verified by any prospect for the purchase of a Property. The Sellers and Listing Company expressly disclaim any warranty or representation regarding all information. Prospective purchasers' use of this or any written and verbal information is acknowledgement of this disclaimer and that Prospects shall perform their own due diligence. Prospective purchasers shall not rely on any written or verbal information provided when entering a contract for sale and purchase. Some affiliations may not be applicable to certain geographic areas. Copyright 2023 Listing Company. All Rights Reserved.

    Zillow last checked:

    Listing updated:

    Listed by:

    CARA CONIGLIO McCLURE 561-324-0896,

    Douglas Elliman,

    LISA HAISFIELD WILKINSON 561-723-9500

    Bought with:

    LINDA R OLSSON, BK432027

    Linda R. Olsson Inc.

    Source: Palm Beach BOR,MLS#: 26-1069

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: Main
    • Area: 140
    • Dimensions: 10 x 14
    Dining room
    • Level: Main
    • Area: 187
    • Dimensions: 11 x 17
    Kitchen
    • Level: Main
    • Area: 90
    • Dimensions: 10 x 9
    Living room
    • Level: Main
    • Area: 266
    • Dimensions: 14 x 19
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator, Freezer, Electric Range, Dishwasher, Disposal, Washer, Dryer
    Features
    • Flooring: Terrazzo, Carpet
    • Windows: Awning, Sliding
    Interior area
    • Total structure area: 2,500
    • Total interior livable area: 1,829 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Patio & porch: Patio
    • Exterior features: Sprinkler System
    • Has private pool: Yes
    • Waterfront features: None
    Lot
    • Size: 80 Acres
    • Dimensions: 80
    Details
    • Parcel number: 50434303110000301
    • Zoning: R-B - Low Density Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bermuda
    • Property subtype: Single Family Residence, Residential
    Materials
    • Block, Stucco
    • Roof: Tile
    Condition
    • Year built: 1964

    Utilities & green energy

    • Water: Public
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Security: No Security
    • Subdivision: El Encanto
    Location
    • Region: Palm Beach

    Financial & listing details

    • Price per square foot: $3,335/sqft
    • Tax assessed value: $4,034,591
    • Annual tax amount: $15,377
    • Date on market: 8/10/2026
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    9/30/2026Sold$6,100,000-4.7%$3,335/sqft
    Source: Palm Beach BOR #26-1069 Report a problem
    8/25/2026Pending sale$6,400,000$3,499/sqft
    Source: BeachesMLS #B26062257 Report a problem
    8/10/2026Listed for sale$6,400,000+795.1%$3,499/sqft
    Source: BeachesMLS #B26062257 Report a problem
    10/25/2000Sold$715,000+58.9%$391/sqft
    Source: Public Record Report a problem
    7/2/1998Sold$450,000+28.6%$246/sqft
    Source: Public Record Report a problem
    7/24/1996Sold$350,000$191/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,377 +3%$1,060,187 +2.9%
    2024$14,929 +2.1%$1,030,308 +3%
    2023$14,615 0%$1,000,299 +3%
    2022$14,620 -1.5%$971,164 +3%
    2021$14,836 -0.2%$942,878 +1.4%
    2020$14,861 +0.6%$929,860 +2.3%
    2019$14,765 $908,954 +1.9%
    2018$14,765 +5%$892,006 +2.1%
    2017$14,061 +0%$873,659 +2.1%
    2016$14,061 -1%$855,690 +0.7%
    2015$14,205 -3.7%$849,742 +0.8%
    2014$14,755 +2.1%$842,998 +1.5%
    2013$14,449 +0.2%$830,540 +1.7%
    2012$14,425 +0.7%$816,657 +3%
    2011$14,320 +0.6%$792,871 +1.5%
    2010$14,230 +6.6%$781,154 +2.7%
    2009$13,352 +7.9%$760,617 +0.1%
    2008$12,372 +2.1%$759,857 +3%
    2007$12,122 -4.5%$737,725 +4.2%
    2006$12,697 $708,024 +3%
    2005-- $687,402 +3%
    2004$7,001 +6632.1%$667,381 +1.9%
    2003$104 -99.2%$654,937 +2.4%
    2002$12,476 0%$639,587 +5.5%
    2001$12,477 +37.3%$606,379 +39.2%
    2000$9,089 +15.4%$435,608 +14.6%
    1999$7,875 $380,066
    Find assessor info on the county website

    Neighborhood: 33480

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    Estimated market value
    $6,103,300
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    Estimated market value
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