Residential Property - Single Family Residence in Lake Wales
Listing Price: $515,000 (Mortgage Calculator →)
Description of Property
Discover the perfect blend of privacy, charm and potential with this enchanting home situated on ( TOTAL OF 1 ACRE) a .50 acre CANAL LOT in Indian Lake Estates, complemented by an additional .50 acre lot included in the sale—perfect for developing another home or expanding your private retreat all on a NEWLY PAVED ROAD. Ideal for an Airbnb/VRBO investment or your own getaway, this 1,926 sq ft residence boasts three bedrooms, two full baths, and a half bath, along with both formal and informal dining areas, a bonus room, and a POOL with a screened lanai. This home is currently utilized as a VRBO at $225 per night and comes fully furnished, offering a turnkey solution for immediate occupancy or continued use as a profitable vacation rental The great room, featuring double pocket sliders, extends seamlessly to an enclosed patio, providing stunning views and an ideal flow for hosting guests. The master suite boasts a walk-in closet and a newly remodeled ensuite with a separate tub and walk-in shower. Across the home, two additional bedrooms offer privacy and convenience, one with direct patio access. The heart of the home, the kitchen, is equipped with extensive counter space, cabinetry, and dual pantries, adjacent to a breakfast nook for cozy meals. The nearby bonus room, currently a vibrant game room with a full bar, promises to be a favorite gathering spot with the close 1/2 bath. State-of-the-art amenities include fiber optic internet, a generator, four-station irrigation system and an array of recent upgrades such as a new metal roof, HVAC system, water softener, and pool equipment such as heater, pump cartridge filter and chlorinator. The property also features a boat house with a new roof, new decking on the dock. Just a five-minute boat ride to Lake Walk In Water, Polk County’s largest lake renowned for bass fishing, and surrounded by a community rich in recreational facilities including and 18 and 9-hole golf courses, a fishing pier, and a clubhouse, cafe, post office, church, library, fitness room, this home offers both tranquility and convenience. Whether as a lucrative Airbnb venture or a serene getaway, this property is a gateway to the best of Florida living, conveniently located an hour and half from Orlando’s attractions and Tampa’s Gulf Coast beaches. Experience the ultimate in country living with easy access to urban amenities. Don’t miss out on this exceptional investment opportunity at Indian Lake Estates, where the potential for expansion or a second home awaits. Visit: https://www.indianlakeestatesinc.com/ for all of what Indian Lake Estates has to offer and CHECK OUT THE HOME VIRTUAL TOUR: https://my.matterport.com/show/?m=Fvf2DrVHhao&brand=0
Bedrooms: 3
Bathrooms: 2
Half Baths: 1
Sq. Ft. Gross: 2,258
Garage: No
Carport: Yes2 vehicles
Parking Features:
Private Pool: Yes
Pool Features: In Ground, Screen Enclosure
Spa Features:
Water Frontage:
- Lake
- Waterfront
- Canal - Freshwater
Water Features: Boathouse, Lift - Covered
Water Access: Canal - Freshwater
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Lake Wales
County: Polk
Subdivision: Indian Lake Estates
Bedrooms: 3
Bathrooms: 2
Half Baths: 1
Sq. Ft. Gross: 2,258
Sq. Ft. Living Area: 1,936
Cost per (heated) sqare foot: $266
Year built: 1986
Annual Tax: $4,224
HOA Fee: $751 Annually
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Interior Features:
- Built-in Features
- Ceiling Fan(s)
- Eating Space In Kitchen
- Open Floorplan
- Walk-In Closet(s)
- Wet Bar
Appliances:
- Dishwasher
- Dryer
- Microwave
- Range
- Refrigerator
- Washer
Accessibility Features:
Window Features:
Additional Rooms: Bonus Room, Formal Dining Room Separate
Ceiling Type:
Flooring:
- Carpet
- Laminate
- Tile
Pool & Waterfront Info
Private Pool: Yes
Pool Features: In Ground, Screen Enclosure
Spa Features:
Water Front: Yes
Water Frontage:
- Lake
- Waterfront
- Canal - Freshwater
Water Access: Yes
Water Access Type: Canal - Freshwater
Water View: Canal
Water Name: Lake Walk-In-Water
Exterior & Construction
Architectural Style: Ranch
Construction: Block, Stucco
Foundation: Slab
Roof: Metal
- Irrigation System
- Lighting
- Sliding Doors
- Storage
Carport: Yes
Carport Spaces: 2
Parking Features:
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features:
- Covered
- Enclosed
- Patio
- Rear Porch
- Screened
- Side Porch
Security Features: Security System
Other Structures:
- Boat House
- Shed(s)
- Storage
View: Trees/Woods, Water
Fencing:
Utilities:
- BB/HS Internet Available
- Electricity Connected
- Fiber Optics
- Phone Available
- Water Connected
Sewer: Septic Tank
Water Source: Canal/Lake For Irrigation, Well
Community Features:
- Community Boat Ramp
- Dock
- Fishing
- Lake
- Water Access
- Waterfront
- Clubhouse
- Gated Community - No Guard
- Park
- Playground
- Restaurant
- Tennis Court(s)
Association Amenities:
Lot Information
Lot Features:
- Cleared
- Oversized Lot
- Unincorporated
Lot Size (acres): 1
Lot Size (sq. ft.): 43,560 square feet
Lot Dimensions: 110 x 198
Front Exposure: East
Adjoining Property:
Current Adjacent Use:
Additional Parcels: Yes
Additional Parcels Description: 293101994070026325
Legal Description & Other Information
Financing Available: Cash, Conventional, FHA, USDA Loan, VA Loan
Parcel Number: 293101994070026326
Zoning: PUD
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: INDIAN LAKE EST UNIT 7 PB 39 PG 46 BLK 263 LOT 26
Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
Section: 1
Range: 29
Listing courtesy of LPT REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.