724 MASTERPIECE ROAD Lake Wales, FL $ 649,000
724 MASTERPIECE ROAD
$ 649,000
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724 MASTERPIECE ROAD

Lake Wales, FL, 33898
$ 649,000
Bedrooms3 Baths2.0 Sq 1,461

Monthly Estimate*

$ 4,049

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View a Virtual Tour

Single Family Home for sale in Lake Wales, FL

for $649,000 with 3 bedrooms and 2 full baths. This 1,461 square foot home was built in 1949 on a lot size of 3.39.

Lake Starr Property with Multiple Dwellings & Endless Possibilities! Discover a rare opportunity to own 3.39 acres of lakefront living on the shores of Lake Starr. This unique property features a 3 bedroom, 2 bath home offering stunning lake views and even a view of Bok Tower! The spacious open living and dining area are great for entertaining. You’ll also enjoy a split bedroom layout, and charming pine hardwood floors. Recent upgrades include updated windows and doors, rewired electric, Hardie board siding, and additional insulation. New roof (2024) and new pump for well (2025) In addition to the main home, the property includes a versatile guest dwelling with multiple rental options: a fully furnished studio apartment upstairs, a 2 bedroom/1 bath apartment downstairs, plus a shared recreation room complete with a sitting area, ping pong, pool table, sauna, full bath, and an open patio overlooking the lake and tennis court. For your cars, boat, camper or toys there’s a 24’ x 40’ three-bay detached garage/workshop with plenty of storage. This property is ideal for a family compound, multigenerational living, or as an income-producing investment property. Conveniently located near shopping, dining, and medical facilities, it combines privacy with accessibility. Close to Legoland and Winter Haven. Don’t miss this one-of-a-kind lakefront opportunity!

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Single Family Active

Price

$ 649,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 4,237

Style

Single Family Residence

Lot Size

3.39

Year Built

1949

Town/City

Lake Wales

County/Region

Polk

MLS | Web ID

P4936209

Features
Interior
Interior Amenities open floorplan primary bedroom main floor
Flooring carpet ceramic tile vinyl hardwood
Total Stories 1
Air Conditioning Y/N yes
Heating Y/N yes
Fireplace Y/N no
Half Baths 0
Laundry Features inside laundry room
Total Bedrooms 3
Total Baths 2
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General
Sewer septic tank
Heating central electric
Cooling central air
Utilities bb/hs internet available electricity connected water connected
Roof shingle
Appliances dryer electric water heater range range hood refrigerator washer
Garage Spaces 3
Patio/Porch Features deck patio
Construction Materials hardiplank type wood frame (fsc certified)
Year Built 1949
View water
Levels one
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 no
Subdivision Name craig w j resub
Facing Direction north
Garage Y/N yes
Other Structures guest house shed(s) tennis court(s)
Total Rooms 6
Full Baths 2
Status active
Directions hwy 27 south from winter haven. turn left at traffic light onto chalet suzanne rd. go thru next traffic light continue straight onto masterpiece rd. property will be on your right.
City lake wales
Body of Water lake starr
Senior Community Y/N no
MLS Area 33898 - lake wales
Lot Size Units acres
Lot Size Square Feet 147625
Carport Y/N no
Listing Terms cash conventional
Land Lease Y/N no
Tax Annual Amount 4237.98
Additional Parcels Y/N no
Lease Considered Y/N yes
Virtual Tour https://url.usb.m.mimecastprotect.com/s/vheyca8e7zijdg5m5c8hgtg9dqi?domain=youtu.be
Building Area Units square feet
Living Area Units square feet
Standard Status active
Occupancy Type owner
Tax Lot 105
Legal Description craig w j resub pb 10 pg 39 in sec 14 t29 r27 lots 105 & 106 less hwy & less beg at inter of e lot line of lot 106 & s r/w of sr 17-a run s 21 deg 45 min 02 sec w along lot line 327.80 ft s 79 deg 13
Water View lake
Minimum Lease no minimum
Water Access Y/N no
Additional Rooms inside utility
Water View Y/N yes
Flood Zone Code x
DockY/N no
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Exterior
Exterior Amenities tennis court(s)
Vegetation mature landscaping
Parking Features garage faces side parking pad
Lot Features cleared in county
Water Source well
Lot Size Area 3.389
Foundation Details crawlspace
Building Area Total 1461
Lot Dimensions 180 x 471
Lot Size Acres 3.39
Road Surface Type paved
Private Pool no
Waterfront Y/N yes
Covered Spaces 3
Road Frontage Type street paved
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Internal Only
Street Number 1 724
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* Excluded Features
List By
Coldwell Banker Realty

Broker

julie.seay@floridamoves.com

Email

Affordability Calculator

$4,402
Per Month
92%
8%
0%
Monthly Principal & Interest
$4,049
Monthly Property Taxes
$353
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
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/24/2025$649,000 -5.53% Price Down
9/15/2025$687,000 Listed Price

Map


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724 MASTERPIECE ROAD, Lake Wales, FL, 33898 is a Single Family Home for sale at $649,000 with 1,461 sqft and a lot size of 3.39. 724 MASTERPIECE ROAD has 3 bedrooms, 2.0 baths, and was built in 1949. The property's zip code is 33898 which is in Lake Wales, FL