0 E STATE ROAD 60, Lake Wales, FL, 33898 | $2,995,000

Under contract-accepting backup offers. Extraordinary 142± Acre Agricultural Estate with Prime Road Frontage & Water Access. Discover this exceptional opportunity to own approximately 142 +/- acres of versatile, agriculturally classified land in the heart of Lake Wales in Central Florida. This expansive property offers the perfect blend of productive farmland, natural beauty, and prime development potential, making it ideal for agricultural operations, recreational use, or building your private dream estate. The property boasts over 3700 feet of road frontage on both State Route 60 and additional road frontage on Tiger Lake Road, with four separate gated entrances, providing outstanding access, flexibility, and future planning options. The Property can be subdivided, but it is currently utilized for yearly hay and timber production. Saw Palmettos grow naturally and can be harvested. Large portions of the land are cleared and fully workable, while other areas provide a scenic natural landscape abundant with grand mature Oak trees that make this property stunning. Water resources are a standout feature, with two private ponds located on the property, along with additional access to Weohyakapka (Walk-in-Water) Creek, which flows directly into Lake Rosalie—a prized feature for irrigation, livestock, or recreational enjoyment. Supporting agricultural and operational needs are three separate metal storage buildings, ideal for housing equipment, tools, and supplies. Existing large equipment may be negotiated separately, offering a turnkey opportunity for farming or land management. For peace of mind, the entire property is fully fenced with electric fencing, enhanced by security cameras, adding a functional layer of security. Wildlife enthusiasts will appreciate the abundance of native wildlife that regularly visits the land, while the property is well-suited for large farm animals, making it ideal for ranching, livestock operations, or equestrian use. Located in Lake Wales, a city known for its rolling hills, citrus groves, rich agricultural heritage, rodeo culture, and the iconic Bok Tower Gardens, the property enjoys a prime Central Florida location—approximately 50 miles south of Orlando—offering rural privacy without sacrificing accessibility. Whether you envision a working farm, timber investment, recreational retreat, or a stunning custom-built home surrounded by acres of privacy, this remarkable property delivers space, security, water access, and limitless potential. (10 adjoining parcels together with a combined acreage of 142. 42) Third-party financing available.

Features

  • Lot Size: 4255 x 975 x 1715 x 2618 x 975
  • Lot Desc: Buildable, Cleared, Corner Lot, Farm, In County, Pasture
  • Pet Policy: Yes
  • MLS#: P4937652
  • Days on Market: 28 days
  • Website: https://www.raveis.com
    /prop/P4937652/0estateroad60_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 3/22/2026 2:47:08 PM)
Listing courtesy of Dalton Wade Inc   Phone: 888-668-8283

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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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0 E STATE ROAD 60, Lake Wales, FL, 33898

$2,995,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,396,000 $2,396,000 $2,396,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.289% 6.259% 6.164%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $14,173 $14,558 $20,219
Total Monthly Payment $14,298 $14,683 $20,344

* 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.