47 WOODRUFF WAY, Lake Wales, FL, 33898 | $98,000

This 1/1 furnished and turnkey home is located in the premier 55+ gated community of Saddlebag Lake Resort, where you own the land.
As a Homes of Merit trade show model, it was built with a lot of upgrades, including a built-in hutch cabinet in the dining room, and there are solid wood cabinets in the kitchen, bathroom, and bedroom. A new HVAC was installed in 2020 in the original section of the home, while a brand new mini-split system was just installed in the addition in 2026. Other recent upgrades include a new range (2023) and microwave (2022). The spacious laundry room has a utility sink and comes with a washer & dryer stack, plus there's a second refrigerator for all your extra food and drinks. The home is all on one level, no going up and down steps. Outside you'll find a 24' wide concrete driveway and patio (2010) so there's plenty of parking and room for outdoor entertaining. There's even an 8x12. 5 shed with power, so you'll have a place to work on projects and store your tools. The awnings on all the windows bring maximum comfort, plus peace of mind during inclement weather. The location of this property is one of the highest elevations in the resort, so you'll sit high and dry even during the heaviest storm, and the 100 amp electric service gives you plenty of power. When you're ready to check out the amenities of the resort, take the golf cart, it, too, stays for the new owner (it was overhauled in 2024 and got new batteries). The list price for all of this is under $100, 000, a remarkable value, so you'll want to make plans quickly to see this home before it's gone. But wait, there's more. The resort has tons of amenities, all included in the low HOA dues, so there's always something to do here. You can spend your days boating and fishing on Saddlebag Lake, relax in the hot tub, or take a dip in the community pool. Get to know your neighbors at the clubhouse with planned activities, or play a friendly game of tennis, pickle ball, shuffleboard or horse shoes. There's a fitness center, and a rec room with pool tables and saunas. Practice your swing at the driving range, or take your furry family members to the dog park at the back of the resort. There's an onsite post office, so you won't even have to leave to get your mail. Isn't it time you came home to Saddlebag Lake Resort? Call now to schedule your private tour and start living the good life today!

Features

  • Amenities: Clubhouse, Fitness Center, Pickleball Court(s), Pool, Recreation Facilities, Sauna, Security, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s)
  • Rooms: 4
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Inside
  • Year Built: 1999
  • Heating: Central
  • Cooling: Central Air, Mini-Split Unit(s)
  • Approx Sq. Feet: 816
  • Acreage: 0.09
  • Est. Taxes: $1,402
  • HOA Fee: $680 Quarterly
  • Adult Communities: Yes
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Dryer, Range, Refrigerator, Washer
  • MLS#: K4903228
  • Days on Market: 84 days
  • Website: https://www.raveis.com
    /prop/K4903228/47woodruffway_lakewales_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 6/4/2026 11:07:49 AM)
Listing courtesy of BENDER REALTY, LLC   Phone: 863-223-8708

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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47 WOODRUFF WAY, Lake Wales, FL, 33898

$98,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $78,400 $78,400 $78,400
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.490% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.628% 5.866%
Monthly Tax Payment $117 $117 $117
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $470 $495 $646
Total Monthly Payment $662 $687 $838

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.