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Sold for $11,350,000
  • $11,350,000

    291 Jamaica Ln, Palm Beach, FL 33480

    4beds
    3,283sqft
    Single Family Residence, Residential
    Built in 1950
    0.26 Acres Lot
    $11,486,300 Zestimate®
    $3,457/sqft
    $46,341 Estimated rent

    Home value

    $11,486,300

    $10.22M - $12.98M

    $46,341/mo

    Zestimate® history
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    What's special

    Free-standing fireplacePremium finishesHigh ceilingsExposed beam ceilingsWolf gas stoveMarble countertopsExpansive views
    This exquisite Montecito-style home, situated at a prime ~ 21-foot elevation, boasts expansive views that enhance the serene atmosphere. Newly remodeled with meticulous attention to detail, this 4-bedroom, 4-bathroom residence blends elegance and modern luxury. High ceilings throughout create an airy, open feel, while premium finishes and design choices are evident at every turn. Inside, a free-standing fireplace separates the living room from the dining area, drawing attention to the exposed beam ceilings and impressive volume. The newly installed white-oak hardwood floors lead to the luxurious primary bedroom suite, where Pecky Cypress ceiling creates a warm, inviting ambiance. The large Chef's kitchen is a culinary dream, featuring stunning marble countertops, a Wolf gas stove, Subzero refrigerator, Bosch dishwasher, and other top-tier appliances. The oversized/expansive loggia, perfect for indoor-outdoor living, opens to an enchanting courtyard with a 40x10' lap pool surrounded by natural keystone tiles and the shade of a magnificent mango tree among a lush tropical garden back-drop. The home has been fully updated with new impact hurricane windows and doors, new impact garage doors, a new barrel tile roof, and more. It also includes central air, outdoor built-in BBQ grill, and a full-house generator. This property offers a rare combination of sophistication, comfort, and natural beauty, creating a perfect setting for enjoying Montecito-style living at its finest in Palm Beach. Fabulous North End location just steps away to the entrance of the Lake Trail and close to the beach.

    Zillow last checked:

    Listing updated:

    Listed by:

    PATRICIA H MAHANEY,

    Sotheby's International Realty, Inc.

    Bought with:

    BRANDON SOLOMON, SL-3368845

    Douglas Elliman

    Source: Palm Beach BOR,MLS#: 24-1921

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Primary bedroom
    • Level: Lower
    • Area: 360
    • Dimensions: 20 x 18
    Bedroom 2
    • Level: Main
    • Area: 238
    • Dimensions: 17 x 14
    Bedroom 3
    • Level: Main
    • Area: 168
    • Dimensions: 14 x 12
    Bedroom 4
    • Level: Lower
    • Area: 132
    • Dimensions: 12 x 11
    Dining room
    • Level: Main
    • Area: 198
    • Dimensions: 18 x 11
    Family room
    • Level: Main
    • Area: 391
    • Dimensions: 23 x 17
    Kitchen
    • Level: Main
    • Area: 299
    • Dimensions: 23 x 13
    Living room
    • Level: Main
    • Area: 432
    • Dimensions: 24 x 18
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator, Gas Range, Dishwasher, Microwave, Disposal, Washer, Dryer, Oven
    Features
    • Flooring: Hardwood, Other
    • Doors: Impact Doors
    • Windows: Impact Glass-Full, Impact Windows
    • Has fireplace: Yes
    • Fireplace features: Fireplace
    Interior area
    • Total structure area: 4,516
    • Total interior livable area: 3,283 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Patio & porch: Patio
    • Exterior features: Sprinkler System, Built-in Barbecue
    • Has private pool: Yes
    • Pool features: Gas Heat, Fresh Water, Pool Size (40x10)
    • Fencing: Back Yard,Front Yard
    • Waterfront features: None
    Lot
    • Size: 0.26 Acres
    • Dimensions: 100
    Details
    • Parcel number: 50434310010000020
    • Zoning: R-B - Low Density Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Spanish,Mediterranean
    • Property subtype: Single Family Residence, Residential
    Materials
    • Block, Stucco
    • Roof: Barrel
    Condition
    • Year built: 1950

    Utilities & green energy

    • Water: Public
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Security: Smoke Detector(s), Other
    • Subdivision: Jamaica Lane
    Location
    • Region: Palm Beach

    Financial & listing details

    • Price per square foot: $3,457/sqft
    • Tax assessed value: $7,840,068
    • Annual tax amount: $16,334
    • Date on market: 12/16/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash

    Price history

    DateEventPrice
    2/20/2025Sold$11,350,000-12%$3,457/sqft
    Source: Palm Beach BOR #24-1921 Report a problem
    1/24/2025Pending sale$12,900,000$3,929/sqft
    Source: BeachesMLS #RX-11045458 Report a problem
    12/16/2024Listed for sale$12,900,000+63.4%$3,929/sqft
    Source: Palm Beach BOR #24-1921 Report a problem
    6/28/2024Sold$7,895,000-1.3%$2,405/sqft
    Source: Palm Beach BOR #24-873 Report a problem
    5/28/2024Pending sale$7,995,000$2,435/sqft
    Source: Palm Beach BOR #24-873 Report a problem
    5/24/2024Listed for sale$7,995,000+198.9%$2,435/sqft
    Source: Palm Beach BOR #24-873 Report a problem
    5/5/2010Listing removed$2,675,000$815/sqft
    Source: The Corcoran Group #5307 Report a problem
    11/26/2009Listed for sale$2,675,000$815/sqft
    Source: The Corcoran Group #5307 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$116,778 +599.9%$7,840,068 +579.8%
    2024$16,684 +2.1%$1,153,362 +3%
    2023$16,334 -0.5%$1,119,769 +3%
    2022$16,410 -1.5%$1,087,154 +3%
    2021$16,655 -4.4%$1,055,489 +1.4%
    2020$17,427 +0.6%$1,040,916 +2.3%
    2019$17,320 $1,017,513 +1.9%
    2018$17,320 +4.7%$998,541 +2.1%
    2017$16,539 +0.1%$978,003 +2.1%
    2016$16,524 +3.6%$957,887 +0.7%
    2015$15,954 -3.7%$951,228 +0.8%
    2014$16,572 +2.1%$943,679 +1.5%
    2013$16,230 +0.2%$929,733 +1.7%
    2012$16,204 +0.7%$914,192 +3%
    2011$16,088 -40.6%$887,565 -37.5%
    2010$27,098 -7.5%$1,420,742 -10.8%
    2009$29,300 -16.2%$1,593,524 -22.4%
    2008$34,956 +186.9%$2,052,665 +176.8%
    2007$12,185 -6.1%$741,467 +2.5%
    2006$12,980 $723,382 +3%
    2005-- $702,313 +3%
    2004$7,159 +6783.8%$681,857 +1.9%
    2003$104 -99.2%$669,143 +2.4%
    2002$12,755 +0.3%$653,460 +1.6%
    2001$12,718 +2%$643,169 +3%
    2000$12,467 +3.2%$624,436 -11.8%
    1999$12,080 $707,849
    Find assessor info on the county website

    Neighborhood: 33480

    Nearby schools

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    Estimated market value
    $11,486,300
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    Estimated market value
    $11,486,300