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724 MASTERPIECE ROAD

LAKE WALES , FL 33898

MLS#: P4936209

$687,000

Status: Active
Listing number: P4936209
Listing provided by: COLDWELL BANKER REALTY
Listing agent phone: None
Last update: a day ago
New on site 3 days ago
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CRAIG W J RESUB - Residential

Property

Beds

3

Full Baths

2

1/2 Baths

None

Year Built

1949

Sq.Footage

1,461

Lake Star Property with Multiple Dwellings & Endless Possibilities! Discover a rare opportunity to own 3.39 acres of lakefront living on the shores of Lake Star. 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!

Features & Amenities

Interior

  • Other Interior Features

    Open Floorplan

  • Total Bedrooms

    3

  • Bathrooms

    2

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    3

  • Construction Materials

    HardiPlank Type, Frame

  • Other Exterior Features

    Tennis Court(s)

  • Parking

    Garage Faces Side, Parking Pad

  • Patio and Porch Features

    Deck, Patio

  • Pool

    No

  • Waterfront YN

    YES

  • View

    Lake, Water

Area & Lot

  • Lot Features

    Cleared, Paved, Waterfront

  • Lot Size(acres)

    3.39

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

Price

  • Sales Price

    $687,000

  • Tax Amount

    4237.98

  • Sq. Footage

    1, 461

  • Price/SqFt

    $470

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Septic Tank

  • Tax Lot

    105

  • Water Source

    Private, Well

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Location

County

Polk

Elementary School

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High School

Listing Courtesy of Julie Seay , COLDWELL BANKER REALTY

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Agent TomislavAgent User

Principal Broker

TomislavAgent User

Call Tomislav today to schedule a private showing.

(385) 915-280832

franko.maric0@gmail.com


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Lake Star Property with Multiple Dwellings & Endless Possibilities! Discover a rare opportunity to own 3.39 acres of lakefront living on the shores of Lake Star. 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!

724 MASTERPIECE ROAD

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