724 Masterpiece Road, Lake Wales, FL 33898

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

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Sold Price
$576,000
List Price
$566,000
Status
SOLD
Days on Market
263
Closing Date
Jul 15, 2026
MLS#
P4936209
Subtype
Residential
Style
One Story
Year Built
1949
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,461
Lot Size
147,625
Acres
3.39
Subdivision
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

Interior Features
Open Floorplan, Primary Bedroom Main Floor
Exterior Features
Tennis Court(s)
Financing
Cash, Conventional
Location
Cleared, In County, Paved
Community Features
No Deed Restriction
Property Description
One Story
Appliances
Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
HardiPlank Type, Frame
Exterior Features
Tennis Court(s)
Stories
1
Levels
One
Roof
Shingle
Foundation
Crawlspace
Parking
Garage Faces Side, Parking Pad
Parking Features
Garage Faces Side, Parking Pad
Garage
3 Car Garage
Garage Spaces
3
Garage Features
Garage Faces Side, Parking Pad
View
Water

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

Selling Office: FCG REALTY.

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