Welcome to 156 Sea Lane, a residence that stands as a testament to architectural integrity and the vibrant history of the Florida Keys. This home was conceived and brought to life by its original owner, the legendary Reese Palley, who envisioned a sanctuary that combined the permanence of a fortress with the soul of an adventurer. Unlike the standard construction found throughout the islands, 156 Sea Lane was built with a commitment to durability and ''over-engineered'' safety. Palley played an active, hands-on role in its design and construction, ensuring the home could withstand the elements of the Keys for generations. Concrete Reinforced Block (CBS): The skeleton of the home is high-strength concrete masonry, reinforced to provide a rock-solid foundation. Hollow Core Construction: Rarely seen in residential builds, the use of hollow core concrete slabs for the floors and the roof provides extraordinary structural spans, superior fire resistance, and incredible thermal mass. A ''Forever'' Home: The result is a structure with 3,672 sq. ft. under roof that offers a level of quietude and security that is increasingly rare, serving as a peaceful bunker against the tropical elements. To own this home is to share in the legacy of Palley -- an author, art dealer, world-class sailor, and one of the most colorful intellectuals to ever call the Florida Keys home. Before settling on Geiger Key, he gained international fame as a premier art dealer, notably as the man who brought Boehm Porcelain to the world stage. A man of the sea, Reese circumnavigated the globe and authored over 15 books, including ''The Unlikely Voyage of Jack de Crow'' and ''The Answer to the Universe.'' Palley resided here until just before his passing at 93 in 2015, at which point the current owners took up the mantle of stewardship for this extraordinary property. 156 Sea Lane is more than a house; it is a piece of the Florida Keys' intellectual and architectural heritage.
For sale
$2,799,000
156 Sea Ln, Geiger Key, FL 33040
2beds
2,124sqft
Est.:
Single Family Residence
Built in 1996
0.29 Acres Lot
$-- Zestimate®
$1,318/sqft
$-- HOA
What's special
Superior fire resistanceExtraordinary structural spansIncredible thermal mass
- 13 days |
- 1,443 |
- 56 |
Zillow last checked: 8 hours ago
Listing updated: January 09, 2026 at 06:12am
Listed by:
Lisa H Ferringo 305-797-1221,
Coldwell Banker Schmitt Lower Keys (KW)
Source: FLKMLS,MLS#: 618020
Originating MLS: Key West Association
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Cooling
- Central Air, Ceiling Fans(s)
Appliances
- Included: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
- Laundry: Laundry Room
Features
- Built-in Cabinets, Bar, Walk-In Closet(s), Storage, Utility Room
- Flooring: Combination
- Doors: Impact Rstnce Doors
- Windows: Impact Rstnce Window
Interior area
- Total interior livable area: 2,124 sqft
Video & virtual tour
Property
Parking
- Parking features: Open, Covered
- Has uncovered spaces: Yes
Features
- Patio & porch: Open Porch/Balcony, Patio
- Exterior features: Boat Slip
- Fencing: Fenced
- Has view: Yes
- View description: Ocean, Water, Canal
- Has water view: Yes
- Water view: Ocean,Water,Canal
- Waterfront features: Oceanfront, Open Water, Canal Front, Waterfront, Seawall: Concrete, Dock: Concrete, Dock Length: 270, Dockage: Boat Slip
Lot
- Size: 0.29 Acres
- Features: 1/4 - 1/2 Acre
Details
- Parcel number: 00146790000000
- Zoning: URM
- Zoning description: Urban Res Mobile Home District
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS
- Roof: Concrete
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1996
Utilities & green energy
- Sewer: Municipal Sewer, Public Sewer
- Utilities for property: FKAA, Buyer to Verify
Community & HOA
Community
- Features: Bike Paths
- Subdivision: Geiger Mobile Home (9.0)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Geiger Key
Financial & listing details
- Price per square foot: $1,318/sqft
- Tax assessed value: $1,468,116
- Annual tax amount: $9,542
- Date on market: 1/9/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/9/2026 | Listed for sale | $2,799,000+300.7%$1,318/sqft |
Source: | ||
| 10/2/2014 | Sold | $698,500+16.4%$329/sqft |
Source: | ||
| 8/19/2014 | Pending sale | $600,000$282/sqft |
Source: BHHS FLORIDA PROPERTIES #W7600984 Report a problem | ||
| 7/18/2014 | Listed for sale | $600,000-31.4%$282/sqft |
Source: BHHS FLORIDA PROPERTIES #W7600984 Report a problem | ||
| 8/4/2012 | Listing removed | $875,000$412/sqft |
Source: CENTURY 21 Schwartz Realty #115843 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,542 +5.4% | $1,047,903 +2.9% |
| 2024 | $9,053 +3.5% | $1,018,371 +3% |
| 2023 | $8,744 +2.7% | $988,710 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$16,965/mo
Principal & interest
$14072
Property taxes
$1913
Home insurance
$980
Climate risks
Neighborhood: 33040
Nearby schools
GreatSchools rating
- 4/10Gerald Adams Elementary SchoolGrades: PK-5Distance: 5.6 mi
- NAAdult/Vocational/Community EducationGrades: Distance: 5.7 mi
- 4/10Key West High SchoolGrades: 9-12Distance: 7.6 mi






