When was property at 285 Colonial Lane built and last sold?

The property at 285 Colonial Lane was built in 1962 and last sold on Jan 30, 2020 for $4,300,000.

How much is this home worth?

The estimated value of the home located at 285 Colonial Lane is $0.

What are some comparable homes to 285 Colonial Lane?

There are currently no comparable homes to 285 Colonial Lane.

Palm Beach

33480

El Encanto

285 Colonial Lane

$2,200,000

● House - Off Market

285 Colonial Lane

Palm Beach, FL 33480

3 Beds

3 Baths, 1 Half Bath

2,810 Ft²

$4,887,032

RealtyHop Estimate

96.27%

Since Jul 1, 2013

National-US

Primary Model

About This Property

Unbelievable opportunity - over 3,900 sq. ft. of perfection - professionally restored and redesigned 10 years ago. 3BR/3.5BA. The reconstruction was planned for formal and casual entertaining. Cozy and comfortable yet so beautiful. Tray ceilings and impact windows.

Unit Size

2,810 Ft²

Days on Market

223 days

Land Size

Price per sqft

$886

Property Type

House

Property Taxes

$1,933

HOA Dues

Year Built

1962

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Last updated: 3 months ago (Beaches MLS #R3320483)

Price History

Date / Event	Date	Event
May 31, 2024	Sold	Premium
Sold
Apr 3, 2024	Listed by Douglas Elliman	$10,400,000
Listed by Douglas Elliman

	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.
Feb 6, 2020	Sold	Premium
Sold
May 22, 2018	Listed by Waterfront Properties & Club C	$4,639,000
Listed by Waterfront Properties & Club C

	Modern Architectural Home! Complete with the latest products and technology. Approx. 5,887 sq.ft. of perfection. Finest marble floors and highest technology in kitchen appliances. 6 BR's -8 1/2 Baths. Large closets, large pool and spa with separate pool cabana house. First floor master suite. This house has been 100% staged by professional stager. All inside and out furniture and lighting fixtures DO NOT stay with the house. ''Property close to the Ocean''
Apr 15, 2016	Sold	Premium
Sold
Jun 4, 2013	Sold	Premium
Sold
Oct 24, 2012	Listed by The Fite Group	$2,490,000
Listed by The Fite Group

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1962

Effective Year Built: 2015
Building Count: 1
Bedroom Count: 4
Bathroom Count: 4
Full Bathrooms: 3
Partial Bathrooms: 4
Building Condition: 6
Building Quality: 1
Construction Type: 17
Building Style: 0
Exterior Walls Type: 17
Interior Walls Type: 3
Roof Shape Type: 7
Roof Cover Type: 4
Floor Count: 200
Living Units: 1
Floor Cover: 7
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 552
Parking Space Count: 2
Patio Type: 14
Porch Type: 7
Pool Type: 8

Dimensions

Lot Size Square Feet: 13,948

Lot Size Depth Feet: 930
Lot Size Frontage Feet: 1,500
Total Building Area: 5,887
Gross Building Area: 5,887
Building Area: 4,904
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 4,904
Heating Fuel Type: 2

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: EL ENCANTO PL 2
Land Acres: 0000000320
Standard Land Use Code: 1001
County Land Use Code: 0100
Legal Description 1: EL ENCANTO PLAT NO 2 LT 35 & E 1/2 OF LT 36

Neighborhood

School District Name: Palm Beach County School District

Census Tract: 003507

Zoning

Zoning: R-B

Geography

Assessors Map Reference: 116

Parcel: 50-43-43-03-11-000-0350
Lot: 35,36
Meridian: SEC 03 TWN 43S RNG 43E
Municipality: PALM BEACH
Latitude: 26.7536
Longitude: -80.0401

Address

Full Address: 285 Colonial Ln

Address - House Number: 285
Address - Street Name: Colonial
Address - Suffix Type: Ln
State: FL
City Name: Palm Beach
Carrier Code: C003
4-Digit Zip Code: 3212
Zip Code: 33480

Valuation

Tax

Total Area: 5,113

Tax Year: 2023
Tax Amount: $6,711,895
Initial Tax Delinquent Year: 2017
Tax Rate Code Area: 50411

Appraisal Valuation

Standard Deviation: 0.2422

Valuation Date: Apr 03, 2024
Confidence Score: 66
Final Value: 7,745,204
High Value: 9,621,827
Low Value: 5,868,582

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Term:

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First Open Lien Mortgage Position:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $9,144,963

Market Land Value: $6,271,309
Market Improvement Value: $2,873,654

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $4,437,145

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Jan 30, 2020

Current Sale Recording Date: Feb 06, 2020
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 20200048041
Previous Sale Recording Date: Apr 15, 2016
Previous Sale Contract Date: Dec 31, 2015
Previous Sale Amount: $2,250,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Financing

First Mortgage Financing Type: ADJ

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About El Encanto

Stats & Trends

Median Asking:

$8,474,500

Sale Price/ft²

$3,368

Below Asking

0.01%

Average Days on Market

143

Average Home Size

3408 ft²

Average Home Age

87 years

Currently For Sale

1 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 520 28th Street, West Palm Beach, FL, 33407

$9,000 /mo

3 Beds
1 Bath
1,296 ft²

520 28th Street, West Palm Beach, FL, 33407 Listing by Seth Koretzky

Unit for rent at 406 35th Street, West Palm Beach, FL, 33407

$7,750 /mo

3 Beds
2 Baths
1,835 ft²

406 35th Street, West Palm Beach, FL, 33407 Listing by Alexander Furman

Unit for rent at 515 52nd Street, West Palm Beach, FL, 33407

$5,000 /mo

2 Beds
2 Baths
1,090 ft²

515 52nd Street, West Palm Beach, FL, 33407 Listing by Jose Orlando Ramirez

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Toni Hollis
The Fite Group
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R3320483

All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.

285 Colonial Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About El Encanto

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions