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
Closing Date
Jul 15, 2026
MLS#
P4936209
Type
Single Family Residential
Property Style
Single Family
Bedrooms
3
Bathrooms
2
Living Area
1,461
Lot Size
147,625
Subdivision
Craig W J Resub
Year Built
1949

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

Community Features
No Deed Restriction
Exterior Construction
HardiPlank Type, Frame
Style
One Story
Interior
Open Floorplan, Primary Bedroom Main Floor
Interior Features
Open Floorplan, Primary Bedroom Main Floor
Appliances
Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
Exterior
Tennis Court(s)
Roof
Shingle
Extra Rooms
Inside Utility
Located Near
Cleared, In County, Paved
Utilities
BB/HS Internet Available, Electricity Connected, Water Connected
Garage
Garage Faces Side, Parking Pad
Floor
Carpet, Ceramic Tile, Vinyl, Wood
Heating
Central, Electric
Cooling
Central Air
Pool Type
No Pool
Water
Lake Front
Frontage
Lake Front
Water View
Yes

Listing courtesy of COLDWELL BANKER REALTY. Selling Office: FCG REALTY.

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Calculator source: Real Geeks

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