130 RIBBON PARKWAY Lake Wales, FL $ 375,000
130 RIBBON PARKWAY
$ 375,000
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130 RIBBON PARKWAY

Lake Wales, FL, 33898
$ 375,000
Bedrooms5 Baths5.0 Sq 2,374

Monthly Estimate*

$ 2,340

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View a Virtual Tour

Single Family Home for sale in Lake Wales, FL

for $375,000 with 5 bedrooms and 5 full baths. This 2,374 square foot home was built in 1922 on a lot size of 0.36.

Discover the versatility and income potential of this unique 5-bedroom, 5-bathroom lakefront home on peaceful Lake Starr. Spanning across multiple living areas, the property includes a detached 1-bedroom, 1-bath guest house with lake views, full kitchen, and living space—currently tenant-occupied for rental income. The main residence is thoughtfully divided into flexible sections, perfect for multigenerational living or investment opportunities. A private in-law suite with its own entrance, full bath, and kitchenette is connected to the home— also currently tenant-occupied for rental income., while an additional bedroom also features its own separate entrance, kitchenette, and private bath—ideal for rental or guest use. The main living area includes 3 bedrooms, 3 full bathrooms, an oversized living room, and a bonus room that can serve as a home office, playroom, or extra bedroom. Enjoy tranquil lakefront living with direct access to Lake Starr—ideal for paddleboarding, kayaking, fishing, and canoeing. Located just north of Downtown Lake Wales, this home is close to US-27, offering quick commutes to nearby cities and attractions. With its multi-unit setup, serene views, and flexible layout, this property is perfect for homeowners seeking passive income, investors, or families needing space and privacy.

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Single Family Active

Price

$ 375,000

Bedrooms

5

Full Bath

5

Property Type

Single Family

Taxes

$ 2,298

Style

Single Family Residence

Lot Size

0.36

Year Built

1922

Town/City

Lake Wales

County/Region

Polk

MLS | Web ID

O6319957

Features
Interior
Interior Amenities ceiling fan(s) solid wood cabinets
Flooring ceramic tile hardwood
Fireplace Features wood burning
Air Conditioning Y/N yes
Heating Y/N yes
Window Features blinds
Fireplace Y/N yes
Half Baths 0
Laundry Features inside laundry room
Total Bedrooms 5
Total Baths 5
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General
Sewer septic tank
Heating central electric
Cooling central air
Utilities cable available cable connected electricity available electricity connected phone available private public water available water connected
Roof metal
Appliances dishwasher range range hood refrigerator
Garage Spaces 2
Patio/Porch Features covered deck patio porch rear porch
Construction Materials vinyl siding wood frame
Pets Allowed yes
Year Built 1922
View water
Levels multi/split
Property Subtype single family residence
Tax Year 2024
Ownership fee simple
Waterfront Features lake front
County polk
New Construction no
Property Type residential
HOA N
Attached Garage yes
Subdivision Name mason villa
Facing Direction north
Garage Y/N yes
Other Structures guest house shed(s) storage
Total Rooms 7
Full Baths 5
Status active
Directions drive south from orlando on us-17 s/us-92 w then merge onto us-27 s toward haines city. continue on us-27 s for about 35 miles then turn left onto masterpiece road. follow masterpiece road for approx
High School lake wales senior high
City lake wales
Body of Water lake starr
Senior Community Y/N no
MLS Area 33898 - lake wales
Lot Size Units square feet
Lot Size Square Feet 15533
Carport Y/N no
Listing Terms cash conventional fha usda loan va loan
Elementary School janie howard wilson elem
Land Lease Y/N no
Tax Annual Amount 2298
Middle/Junior High School mclaughlin middle
Additional Parcels Y/N no
Lease Considered Y/N yes
Virtual Tour https://www.zillow.com/view-imx/5424f5e5-fe29-4304-8512-b045152a4422?setattribution=mls&wl=true&initialviewtype=pano&utm_source=dashboard https://portal.aerialshots.media/sites/mnmxqmg/unbranded
Building Area Units square feet
Living Area Units square feet
Standard Status active
Occupancy Type owner
Tax Lot 11
Legal Description mason villa pb 23 pg 6 lot 11 in sec 14 t29 r27
Water View lake
Water Access Type lake
Minimum Lease no minimum
Water Access Y/N yes
Additional Rooms attic bonus room family room inside utility interior in-law suite w/private entry loft
Water View Y/N yes
Flood Zone Code x
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Exterior
Exterior Amenities lighting storage
Vegetation mature landscaping
Fencing chain link
Lot Features in county
Water Source well
Lot Size Area 15533
Foundation Details crawlspace slab
Spa no
Building Area Total 3047
Lot Size Acres 0.36
Road Surface Type paved
Private Pool no
Waterfront Y/N yes
Covered Spaces 2
Number of Lots 1
Road Responsibility public maintained road
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Internal Only
Street Number 1 130
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* Excluded Features
List By
Exp Realty Llc

Broker

daniel.betancourt@exprealty.com

Email

Affordability Calculator

$2,531
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,340
Monthly Property Taxes
$192
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3973481 Elementary School
3324422 Middle School
Lake Wales Senior High High School
Pricing History
DatePricePrice ChangeDescription
10/23/2025$375,000 -2.60% Price Down
9/28/2025$385,000 -3.75% Price Down
8/31/2025$400,000 -4.76% Price Down
6/21/2025$420,000 Listed Price

Map


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130 RIBBON PARKWAY, Lake Wales, FL, 33898 is a Single Family Home for sale at $375,000 with 2,374 sqft and a lot size of 0.36. 130 RIBBON PARKWAY has 5 bedrooms, 5.0 baths, and was built in 1922. The property's zip code is 33898 which is in Lake Wales, FL