130 RIBBON PARKWAY, Lake Wales, FL, 33898
7 rooms
5 beds
5 Full baths
1922
2,374 sqft
Discover the versatility and income potential of this unique 5-bedroom, 5-bathroom lakefront home on peaceful Lake Starr. Spanning across multiple living areas, the property includes a detached 1-bedroom, 1-bath guest house with lake views, full kitchen, and living space—currently tenant-occupied for rental income. The main residence is thoughtfully divided into flexible sections, perfect for multigenerational living or investment opportunities. A private in-law suite with its own entrance, full bath, and kitchenette is connected to the home— also currently tenant-occupied for rental income., while an additional bedroom also features its own separate entrance, kitchenette, and private bath—ideal for rental or guest use. The main living area includes 3 bedrooms, 3 full bathrooms, an oversized living room, and a bonus room that can serve as a home office, playroom, or extra bedroom. Enjoy tranquil lakefront living with direct access to Lake Starr—ideal for paddleboarding, kayaking, fishing, and canoeing. Located just north of Downtown Lake Wales, this home is close to US-27, offering quick commutes to nearby cities and attractions. With its multi-unit setup, serene views, and flexible layout, this property is perfect for homeowners seeking passive income, investors, or families needing space and privacy.
Status:
Active
Type:
Single-family residential
Laundry Remarks:
Inside, Laundry Room
Subdivision:
MASON VILLA
Garage:
2-car
Heating:
Central, Electric
Cooling:
Central Air
Acreage:
0.36
Est. Taxes:
$2,298
Construction
Vinyl Siding, Wood Frame
Utilities
Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Private, Public, Water Available, Water Connected
Lot Description:
In County
View Description:
Water
Elementary School:
Janie Howard Wilson Elem
Middle School:
Mclaughlin Middle
High School:
Lake Wales Senior High
Days on Market:
175
Pet Policy:
Yes
Appliances:
Dishwasher, Range, Range Hood, Refrigerator
Min Lease Term:
No Minimum
MLS #:
O6319957
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of EXP REALTY LLC 407-375-9142