724 Masterpiece Road, Lake Wales, FL 33898

$576,000
3
BD
2
BA
1,461
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$576,000
List Price
$566,000
Status
Sold
Days on Market
263
Closing Date
Jul 15, 2026
MLS#
P4936209
Property Style
Single Family
Year Built
1949
Bedrooms
3
Bathrooms
2
Living Area
1,461
Lot Size
147,625
Acres
3.39
Total Acreage
2 to less than 5
Legal Subdivision Name
Craig W J Resub
MLS Area Major
Lake Wales

Property Description

Lake Starr Property with Endless Possibilities! New Price! Discover a rare opportunity to own 3.39 acres of lakefront living on the shores of Lake Starr. This exceptional property features buildding 1 (Main House) 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 accessory dwelling with a guest suite 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!

Additional Information

Taxes
$4237
Minimum Lease
No Minimum
Location
Cleared, In County, Paved
Community Features
No Deed Restriction
Property Description
One Story
Interior Layout
Open Floorplan, Primary Bedroom Main Floor
Interior Features
Open Floorplan, Primary Bedroom Main Floor
Floor
Carpet, Ceramic Tile, Vinyl, Wood
Appliances
Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
Utilities
BB/HS Internet Available, Electricity Connected, Water Connected
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
HardiPlank Type, Frame
Exterior Features
Tennis Court(s)
Roof
Shingle
Foundation
Crawlspace
Pool
No Pool
Garage Carport
3 Car Garage
Garage Spaces
3
Garage Features
Garage Faces Side, Parking Pad
Garage Dimensions
24x40
Water Name
Lake Starr
Water Extras
Skiing Allowed
Water View
Lake
Water Frontage
Lake Front
Flood Zone Code
X
Parcel ID
27-29-14-860610-001050
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 MIN 29 SEC W 96.90 FT N 17 DEG 20 MIN 38 SEC E 331 .24 FT TO RD R/W ELY ALONG R/W 115.20 FT CONT ALONG R/W 5.35 FT TO POB

Listing courtesy of COLDWELL BANKER REALTY. 863-294-7541

Selling Office: FCG REALTY.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

StellarMLS is the source of this information via Internet Data Exchange Program. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on