by Global Lifestyle Properties

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$6,995,000
● House - For Sale

23 COCONUT Lane

Ocean Ridge, FL 33435
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
6,691 Ft²
$37,108
Est. Monthly

About This Property

Welcome to The Hidden Palm at 23 Coconut Lane, a completely reimagined residence tucked away at the end of a quiet street in the charming beachside town of Ocean Ridge. Set on an expansive private 19,000+ SF lot just a five minute walk to the beach, The Hidden Palm offers something increasingly hard to find: the character and warmth of an established coastal home with virtually everything made new. Gutted to the studs, portions of the original structure were preserved while everything else from major systems to finishes is brand new.   For those seeking the feel of a newly completed luxury home without sacrificing warmth, character or privacy, The Hidden Palm offers a rare opportunity minutes from downtown Delray Beach and a short drive to Palm Beach.
Unit Size
6,691 Ft²
Days on Market
48 days
Land Size
0.45 acres
Price per sqft
$1,045
Property Type
House
Property Taxes
$2,761
HOA Dues
-
Year Built
2002

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Last updated: 7 days ago (Beaches MLS #B26062644)

Price History

Date / Event Date Event Price
Aug 10, 2026 Listed by Serhant $6,995,000
Listed by Serhant
Jun 24, 2026 Price Decreased $7,490,000
↓ $460K (5.8%)
Price Decreased
Apr 14, 2026 Listed by Serhant $7,950,000
Listed by Serhant
Tucked away at the end of a quiet, private lane in the exclusive coastal enclave of Ocean Ridge, 23 Coconut Lane offers a rare opportunity to own nearly half an acre just moments from the beach. Set on an expansive 19,000+ square foot lot, this residence delivers the perfect blend of privacy, scale, and South Florida lifestyle. Completely gut renovated from the shell and reimagined into a 2026 Ocean Ridge masterpiece, this home offers the feel of new construction with the character and setting of an established coastal neighborhood. As you enter, you're welcomed by a grand open foyer, complemented by custom wine storage and a spacious office/den—ideal for working from home or a quiet retreat. The home then opens into a light-filled living room that flows seamlessly into the formal dining area, creating an inviting setting for both everyday living and entertaining. The kitchen is truly the heart of the home—designed for both a chef and a designer's eye—featuring an oversized island, Wolf gas appliances, custom panel refrigerator, wine cooler, ice maker, and a generous walk-in pantry. The space opens effortlessly to a cozy breakfast nook and informal living area, all overlooking the pool and expansive outdoor loggia. Upstairs, accessible by two beautifully designed staircases, you'll find four oversized bedrooms, each with en-suite bathrooms. The primary suite is a true retreat, offering stunning views of the backyard, a spa-like bath with an oversized shower, freestanding tub, dual vanities with a dedicated makeup area, separate his-and-her water closets, and expansive custom closets. One of the most impressive features of the home is the extensive wraparound balconies and terraces accessible from every upstairs bedroom—providing incredible views of the lush, private grounds and enhancing the indoor-outdoor lifestyle. The outdoor experience is equally exceptional, featuring a covered loggia overlooking a serene preserve, a fully equipped summer kitchen, private outdoor shower, and a cabana bath designed for seamless poolside living. With over 6,000 total square feet, 4 bedrooms, and 5.5 bathrooms, this home offers both immediate enjoyment and long-term value in one of South Florida's most desirable, low-density beachside communities. Private. Expansive. Coastal living at its best.
Dec 18, 2024 Sold
Sold
Aug 19, 2024 Listed $2,060,000
Listed
Discover nearly 20,000 square feet of prime land in the exclusive town of Ocean Ridge, Palm Beach County, offering an exceptional opportunity to create the home of your dreams. With room for up to 8,000 square foot residence, this private lot is ideally situated at the end of a quiet street, offering unmatched seclusion and privacy. Enjoy the luxury beach lifestyle just steps from the shore—an incredible value with nothing comparable on the market at this price. Endless possibilities await!
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Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Driveway, Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 5
Interior Features: Entrance Foyer, Eat-in Kitchen, High Ceilings, Kitchen Island, Pantry, Soaking Tub, Bar, Walk-In Closet(s), BreakfastArea, Bathtub, ClosetCabinetry, DiningArea, SeparateFormalDiningRoom, DualSinks, KitchenDiningCombo, MultipleEnSuiteBathrooms, SeparateShower, UpperLevelPrimary
Appliances: Dryer, Dishwasher, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Freezer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Washer, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Oven, Range, Refrigerator, Trash Compactor, Vented Exhaust Fan, Water Heater, Wine Refrigerator, Washer
Flooring Type: Carpet, Concrete, Ceramic Tile, Engineered Hardwood, Tile, Vinyl, Wood
Door Features: French Doors
Laundry Features: Inside, Main Level, Laundry Room, Sink, Upper Level, LaundryTub
Rooms: 3
Exterior Details
Square Footage: 6691
Square Footage Source: $0
Property Condition: Updated/Remodeled
Architectural Style: Contemporary
Year Built: 2002
Waterfront Features: Mangrove, None
Building Area Total: 8346
Levels: Two
Other Structures: Gazebo
Window Features: Storm Window(s)
Construction Materials: Block, Concrete, Stucco
Patio and Porch Features: Deck, Patio, Porch, Terrace, Wrap Around, Open, Balcony
Pool Features: Fenced, Gas Heat, In Ground, Private, Pool/Spa Combo, Salt Water, OutsideBathAccess
Pool is Private
Lot Features: Cul-De-Sac, Landscaped, OversizedLot, QuarterToHalfAcreLot, SprinklersAutomatic
Lot Size Area: 19602
Lot Size Units: Square Feet
Lot Size Acres: 0.45
Lot Size Square Feet: 19602
Water Source: Public
Financial Details
Tax Assessed Value: $1,808,551
Tax Annual Amount: $33,133
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Zoned
Heating Type: Central
Sewer : Septic Tank

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 6
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 557
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 58
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 19,724
  • Lot Size Depth Feet: 170
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 8,345
  • Gross Building Area: 8,345
  • Building Area: 6,012
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 6,012
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BOYNTON BEACH PARK
  • Land Acres: 0000000453
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: BOYNTON BEACH PARK LT 9 BLK 1 & 22-45-43, S 25 FT OF W 101 FT OF E 490.47 FT OF SW 1/4

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 005411

Zoning

  • Zoning: RSF

Geography

  • Assessors Map Reference: 315
  • Parcel: 46-43-45-27-07-001-0090
  • Block: 1,22-
  • Lot: 9
  • Meridian: SEC 27 TWN 45S RNG 43E
  • Municipality: OCEAN RIDGE
  • Latitude: 26.5285
  • Longitude: -80.0511

    Address

  • Full Address: 23 Coconut Ln
  • Address - House Number: 23
  • Address - Street Name: Coconut
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Ocean Ridge
  • Carrier Code: C001
  • 4-Digit Zip Code: 5202
  • Zip Code: 33435

Valuation

    Tax

  • Total Area: 6,363
  • Tax Year: 2022
  • Tax Amount: $4,529,975
  • Tax Rate Code Area: 46984

    Appraisal Valuation

  • Standard Deviation: 0.1485
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 82
  • Final Value: 4,126,749
  • High Value: 4,739,902
  • Low Value: 3,513,596

    Market Valuation

  • Market Total Value: $2,554,412
  • Market Land Value: $1,026,270
  • Market Improvement Value: $1,528,142

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,302,687

    Sales

  • Current Sale Contract Date: Mar 09, 2005
  • Current Sale Recording Date: Mar 16, 2005
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20050149448
  • Previous Sale Recording Date: Oct 15, 1997
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Boynton Beach Park


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Frequently Asked Questions

When was property at 23 Coconut Lane built and last sold?
The property at 23 Coconut Lane was built in 2002 and last sold on Mar 9, 2005 for $1,650,000.
How much is this home worth?
The estimated value of the home located at 23 Coconut Lane is $7,130,132.
What are some comparable homes to 23 Coconut Lane?
There are currently no comparable homes to 23 Coconut Lane.