Joanne O'Keefe
Price Reduced 14.85%
Price History
$687,000
9/15/2025
$649,000
10/23/2025
$585,000
3/9/2026
724 MASTERPIECE ROAD, Lake Wales, FL, 33898
6 rooms
3 beds
2 Full baths
1949
1,461 sqft
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!
Status:
Active
Type:
Single-family residential
Laundry Remarks:
Inside, Laundry Room
Subdivision:
CRAIG W J RESUB
Garage:
3-car Garage Faces Side, Parking Pad
Heating:
Central, Electric
Cooling:
Central Air
Levels:
1
Lot Size:
180 x 471
Acreage:
3.39
Est. Taxes:
$4,238
Construction
HardiPlank Type, Wood Frame (FSC Certified)
Utilities
BB/HS Internet Available, Electricity Connected, Water Connected
Lot Description:
Cleared, In County
View Description:
Water
Days on Market:
86
Appliances:
Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
Min Lease Term:
No Minimum
MLS #:
P4936209
Community Info
School Info
Walk Score
Yelp
Listing courtesy of Coldwell Banker Realty 863-294-7541