724 MASTERPIECE ROAD LAKE WALES FL 33898 MLS #P4936209

724 MASTERPIECE ROAD
LAKE WALES, FL, 33898
$585,000
3 Beds
2 Baths
1,461 SqFt
3.39 Acres
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MLS #P4936209 image #0
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!

Property Details

Price:
$585,000
MLS #:
P4936209
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
CRAIG W J RESUB
Neighborhood:
33898lakewales
Listed Date:
Sep 15, 2025
Finished Sq Ft:
1,461
Total Sq Ft:
1,461
Lot Size:
147,625 sqft / 3.39 acres (approx)
Year Built:
1949
WaterfrontLakefrontTennisPrimary Bedroom Main Floor33898 – Lake Wales33898lakewalesCraig W J ResubLake StarrWaterNo Minimum

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Schools

Interior

Appliances
Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Carpet, Ceramic Tile, Vinyl, Hardwood
Heating
Central, Electric
Interior Features
Open Floorplan, Primary Bedroom Main Floor
Laundry Features
Inside, Laundry Room
Levels
One

Exterior

Construction Materials
HardiPlank Type, Wood Frame (FSC Certified)
Covered Spaces
3
Direction Faces
North
Exterior Features
Tennis Court(s)
Garage Spaces
3
Lot Features
Cleared, In County
Open Parking YN
1
Other Structures
Guest House, Shed(s), Tennis Court(s)
Parking Features
Garage Faces Side, Parking Pad
Patio And Porch Features
Deck, Patio
Roof
Shingle
View
Water
Waterfront Features
Lake Front

Financial

Tax Year
2024
Taxes
$4,238

Map

Community

Subdivisions in LAKE WALES

Market Summary

Current real estate data for Single Family in LAKE WALES as of Apr 30, 2026
354
Single Family Listed
121
Avg DOM
208
Avg $ / SqFt
$380,934
Avg List Price

Property Summary

    Located in the CRAIG W J RESUB subdivision, 724 MASTERPIECE ROAD LAKE WALES FL is a Single Family for sale in LAKE WALES, FL, 33898. It is listed for $585,000 and features 3 beds, 2 baths, and has approximately 1,461 square feet of living space, and was originally constructed in 1949. The current price per square foot is $400. The average price per square foot for Single Family listings in LAKE WALES is $208. The average listing price for Single Family in LAKE WALES is $380,934. To schedule a showing of MLS#p4936209 at 724 MASTERPIECE ROAD in LAKE WALES, FL, contact your Charles Rutenberg Realty agent at (407) 619-0129.

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LAKE WALES, FL
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