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Bermuda-style house on Palm Beach’s North End under contract

Posted On: 08-11-2016

By Darrell Hofheinz

Daily News Real Estate Writer

Built in 1954 but newly renovated, a three-bedroom Bermuda-style house at 245 Coral Lane has landed under contract after five months on the market.

Agent Hannah F. Buchan of Sotheby’s International Realty is not only marketing the 3,760-square-foot house but also owns it through a limited liability company. She has another home in Palm Beach on North Ocean Boulevard, property records show. The Coral Lane house has been used as a lease property, according to the Palm Beach Board of Realtors Multiple Listing Service.

Buchan listed the house for sale in early March at $4.9 million, later dropping the price by $200,000. On Friday, she changed the MLS status to “pending.”

No word on the buyer, the closing date or the amount to change hands for the house, which stands about a half-mile north of Royal Poinciana Way.




Source: Darrell Hofheinz, August 11, 2016, Palm Beach Daily News

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