Listing Details for MLS #P4930145
6168 Arborea Drive, Lake Wales, Fl

Residential Property - Single Family Residence in Lake Wales

Listing Price: $515,000 (Mortgage Calculator →)Days on Market: 114

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=0The average asking price for a 3 bedroom/2 bath single family residence in this Zip code is $370,976. This single family residence is listed at about 139% of the average asking price. There are 6 3 bedroom/2 bath homes between $450,000 and $600,000 currently listed for sale in this Zip code. See other listings like this one »