556 HENNEPIN LOOP, Lake Wales, FL, 33898 | $354,990

Welcome to this beautifully built 2023 home located in a USDA-eligible area, situated on a desirable corner lot in the sought-after Mabel Place community of Lake Wales! This spacious 4-bedroom, 3-bath residence offers modern design, flexibility, and comfort—perfect for families, multigenerational living, or those who love to entertain.



Positioned next to a retention pond, this home enjoys added privacy with no immediate neighbor on one side, creating a more open and peaceful setting. Step inside to find high ceilings, tile and carpet throughout, and a very open, light-filled floor plan designed for both everyday living and entertaining.



The heart of the home is the luxury kitchen, featuring white quartz countertops, soft-close cabinets and drawers, a large center island, and a charming coffee station—perfect for your morning routine. With ample cabinetry and counter space, this kitchen flows seamlessly into the main living and dining areas.



A standout feature of this home is the presence of two primary suites, offering incredible flexibility. The first suite includes a walk-in closet and an additional coat closet, while the larger primary suite serves as a true retreat with a massive walk-in closet, a luxurious ensuite bath featuring a soaking tub, double sinks, and a linen closet.



This home is loaded with thoughtful upgrades, including an epoxy-coated garage floor, a whole-home water filtration system, and an energy-efficient hybrid (heat pump) water heater. The washer and dryer are included, and you’ll appreciate the abundance of storage closets throughout the home.



Enjoy outdoor living on the covered lanai, complete with an upgraded privacy screen—perfect for relaxing in comfort. The fully fenced-in yard provides added privacy and is ideal for pets, entertaining, or simply enjoying your outdoor space.



Located in a quiet, well-maintained community with a low HOA and no CDD, residents enjoy convenient access to shopping, dining, parks, and major roadways.



Don’t miss your opportunity to own a newer construction home with premium upgrades, dual primary suites, and added privacy in one of Lake Wales’ growing communities!

Features

  • Rooms: 3
  • Bedrooms: 4
  • Baths: 3 full
  • Laundry: Laundry Room
  • Year Built: 2023
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,075
  • Acreage: 0.14
  • Est. Taxes: $4,982
  • HOA Fee: $600 Annually
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Filtration System
  • MLS#: L4960457
  • Days on Market: 8 days
  • Website: https://www.raveis.com
    /prop/L4960457/556hennepinloop_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 4/8/2026 5:47:25 AM)
Listing courtesy of KELLER WILLIAMS REALTY SMART 1   Phone: 863-508-3000

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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556 HENNEPIN LOOP, Lake Wales, FL, 33898

$354,990

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 $283,992 $283,992 $283,992
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.375% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.357% 6.520% 5.880%
Monthly Tax Payment $415 $415 $415
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,680 $1,772 $2,339
Total Monthly Payment $2,170 $2,262 $2,829

* 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.