Lake Placid Homes under $500,000

Lake Placid Homes under $500,000

Welcome to Lake Placid, Florida, a hidden gem nestled in the heart of Highlands County! Known for its picturesque lakes and charming small-town atmosphere, Lake Placid is the perfect place for those seeking a peaceful lifestyle without sacrificing the conveniences of modern living. With its unique blend of natural beauty and community spirit, this vibrant town offers a welcoming environment for families, retirees, and everyone in between.

One of the most appealing aspects of Lake Placid is its affordability. Here, you can find a variety of beautiful homes priced under $500,000, making it an ideal destination for first-time homebuyers or those looking to downsize. From cozy single-family residences to spacious townhomes, the real estate market in Lake Placid is diverse and full of options that cater to different tastes and lifestyles. Many homes feature stunning lake views, lush gardens, and easy access to outdoor recreational activities, ensuring you can enjoy the best of Florida living right at your doorstep.

In addition to its affordable housing, Lake Placid is renowned for its friendly community, excellent schools, and a plethora of recreational opportunities. Spend your weekends exploring the nearby lakes, hiking scenic trails, or enjoying local festivals that celebrate the town's rich history and culture. With a low cost of living and a strong sense of community, Lake Placid truly embodies the charm of small-town America.

Come discover your dream home in Lake Placid, where tranquility and affordability meet!

Newest Lake Placid Homes under $500,000

1739 Tayloe Lane, Lake Placid
$239,900
3 Beds ⋅ 2 Baths ⋅ Sylvan Shores Estate Sec A SubDv. ⋅ 33852 Zip Code
Great location in Sylvan Shores subdivision. This updated home is ready for new owners. Newer Mohawk flooring, granite kitchen with stainless steel appliances, farmhouse sink and induction range with convection and air fryer functions. The kitchen is open to the dining and living areas with a large island for hosting. There is also a pass through to the screened back porch with granite ledge. Shed installed in 2022 with two lofts and 16 foot 3 tier shelving along the back wall, 2.5 ton a/c system installed in 2021, water heater replaced in 2021, new washer and dryer December of 2025. The shed is great for storage or man cave with electric. There is also a small deck where an above ground pool can be placed or turn it into your own vision. Fenced backyard with plenty of space, drive through gates on both sides. Conveniently located just 2 miles from town, grocery stores, doctors, restaurants and more. There is also a public boat ramp on Lake Clay just a few blocks away (less than a mile). Owners are licensed Florida Real Estate Agents.

1739 Tayloe Lane, Lake Placid
32 Grassy Lake Circle, Lake Placid
$147,000
1 Beds ⋅ 1 Baths ⋅ Lake Placid Camp Fla Resort SubDv. ⋅ 33852 Zip Code
Beautiful ! Cozy cottage style living in this charming 1-bedroom, 1-bathroom mobile home located at 32 Grassy Lake Cir, Lake Placid, FL. With 511 square feet of living space, this home provides a comfortable and efficient layout. Set on a 2,400 square foot lot, the property provides ample outdoor space for enjoying the Florida sunshine, along with a front porch and composite decking. The practical design maximizes every inch of space, making it a great choice for those seeking a manageable, low-maintenance lifestyle. Whether you're looking for a year-round residence or a part-time retreat, this property provides the tranquility of Lake Placid living with easy access to surrounding area amenities. Room for a boat, RV, and more. Pergola unit outdoor for shade or hanging out with friends . This 2017 model unit was installed in August 2021 and is fully furnished, with stainless steel appliances, full-size furnishings, and all furniture and decorations included. Camp Florida amenities include an Olympic-sized heated swimming pool, tennis courts, and pickleball. Move-in ready needs nothing. NO rental restrictions of any kind in the park .Supermarket , Dollar General right outside the gate. Don’t miss this opportunity only a few homes in the area can accommodate room for boats, RVs or additional parking. This is one !

32 Grassy Lake Circle, Lake Placid
259 Cumquat Road Nw, Lake Placid
$195,000
2 Beds ⋅ 1 Baths ⋅ Placid Lakes Sec 06 SubDv. ⋅ 33852 Zip Code
Welcome to this charming 2-bedroom, 1-bath home in desirable Placid Lakes! Painted inside and out, this move-in-ready home features tile flooring throughout, a 2024 roof, A/C installed in 2020, a sprinkler system, and an oversized driveway offering plenty of additional parking space Enjoy Florida living from the newly screened back porch, plus an additional concrete patio perfect for BBQs and outdoor entertaining. The fenced backyard offers plenty of space to relax and enjoy. Looking for even more possibilities? The vacant lot directly behind the home at 254 Loquat Rd NW is currently offered for sale separately by another owner. Just a short drive from Tobler Park, featuring a gated recreation area with playground, pavilions, BBQ facilities, and a boat ramp providing access to beautiful 3,500-acre Lake June. Placid Lakes also offers a voluntary HOA with clubhouse access. Come see all this home and community have to offer!

259 Cumquat Road Nw, Lake Placid
3143 Miller Avenue, Lake Placid
$385,000
6 Beds ⋅ 4 Baths ⋅ Leisure Lakes Sec 03 SubDv. ⋅ 33852 Zip Code
INVESTMENT OPPORTUNITY! Well-maintained duplex featuring two spacious 3-bedroom, 2-bath units, each with an attached 1-car garage. Both units are currently leased, offering an opportunity to acquire an income-producing property with tenants already in place. Conveniently located just west of beautiful Lake June, each unit features a large, open floor plan with tile throughout the main living areas. The kitchen offers a large center island with bar seating, a closet pantry, and an open design connecting the dining area and family room. Each primary suite includes a walk-in closet and private en-suite bath with dual vanities, a garden tub, and separate walk-in shower. Bedrooms 2 and 3 are positioned toward the front of each unit and share a spacious full bathroom. Each unit has its own private well and attached garage. No HOA or deed restrictions provide added flexibility for ownership. An adjacent lot to the east is also available for purchase at an additional cost, creating an opportunity for buyers seeking additional land. Both units are tenant occupied and currently leased. Please do not disturb tenants. Lease and rental information available upon request. Listing photos were taken prior to the current tenants’ occupancy and depict the units while vacant.

3143 Miller Avenue, Lake Placid
3104 Gavin Avenue, Lake Placid
$240,900
2 Beds ⋅ 2 Baths ⋅ Leisure Lakes Sec 13 SubDv. ⋅ 33852 Zip Code
Discover your perfect retreat in Lake Placid, FL! This brand-new construction features an open-concept floor plan with two bedrooms and two bathrooms, including a primary suite with an en-suite bath. Modern lighting and fixtures complement elegant tile flooring throughout. The kitchen includes a full stainless-steel appliance package and stylish wood shaker cabinets. An inside laundry with washer and dryer hookups adds convenience. The spacious backyard is ideal for outdoor activities or pets, while the covered rear lanai offers a relaxing place to entertain. The guest bedroom features double closets and a large window, and the guest bath offers tile flooring and a tiled shower. Clean, never occupied, and move-in ready—make this beautiful new home yours!

3104 Gavin Avenue, Lake Placid
3011 Waterway Drive, Lake Placid
$330,000
2 Beds ⋅ 2 Baths ⋅ Leisure Lakes Sec 01 SubDv. ⋅ 33852 Zip Code
Welcome to a waterfront pool home in the Leisure Lakes Canals community of Lake Placid. Situated on a 0.26-acre lot with approximately 80 feet of waterfront, this single-story concrete block home offers 2 bedrooms, 2 full baths, 2 half baths, 1,361 square feet of living space, and an oversized 2-car garage. There is no HOA, giving you more freedom to enjoy your Florida lifestyle. Inside, the home offers a comfortable layout with separate living, dining, and family areas, providing plenty of room to relax or entertain. The spacious family room overlooks the outdoor living area, while the kitchen is conveniently positioned at the heart of the home. The primary bedroom measures approximately 14' x 14', with a generously sized secondary bedroom for guests, an office, or additional living needs. Step outside and enjoy what makes this property special—a screen-enclosed fiberglass swimming pool and waterfront backyard designed for enjoying the Florida sunshine. Beyond the pool, the property features a private dock, boathouse, seawall/bulkhead, and owned boat slip, making it easy to enjoy boating, fishing, and days on the water right from your own backyard. A shed/workshop provides additional storage and workspace. Additional features include a 2018 shingle roof, central electric heating and cooling, private well, septic system, screened rear porch, and oversized garage. Whether you're looking for a full-time residence, seasonal Florida getaway, or a waterfront home where you can enjoy the pool and water year-round, 3011 Waterway Drive offers a great combination of indoor space, outdoor living, and direct waterfront access.

3011 Waterway Drive, Lake Placid
1059 Cellini Street, Lake Placid
$235,900
2 Beds ⋅ 1 Baths ⋅ Leisure Lks Sec Seventeen SubDv. ⋅ 33852 Zip Code
Welcome to this brand-new 2026 home in Lake Placid! This inviting 2-bedroom, 1-bath residence offers a bright open-concept layout, 896 square feet of comfortable living space, modern tile flooring, and an eat-in kitchen with granite countertops, shaker cabinetry, and a full appliance package. The spacious tiled shower, interior laundry hookups, covered rear porch, and generous lot add everyday comfort. Move-in ready and attractively priced—schedule your private showing today!

1059 Cellini Street, Lake Placid
1018 Godetia Street, Lake Placid
$290,000
3 Beds ⋅ 2 Baths ⋅ Leisure Lakes Sec 01 Rep SubDv. ⋅ 33852 Zip Code
Brand New 2026 Construction – Available Immediately in Lake Placid Be the first to live in this beautiful 3BR/2BA home offering nearly 1,600 sq ft of modern, open concept living. Built in 2026 and never occupied, this home features a spacious kitchen, perfect for cooking, gathering, and entertaining. Situated on a 10,000 sq ft lot, the property provides generous outdoor space while maintaining a convenient location near shopping, dining, and schools. Additional highlights include a laundry closet and an attached two car garage for everyday convenience. Move in ready and designed for comfort, style, and functionality.

1018 Godetia Street, Lake Placid
608 Jupiter Avenue Nw, Lake Placid
$225,000
4 Beds ⋅ 4 Baths ⋅ Placid Lakes Sec 11 SubDv. ⋅ 33852 Zip Code
Discover a fantastic opportunity to own a full duplex in the desirable Placid Lakes community of Lake Placid. With both side vacant, this property is perfect for an owner-occupant or investor—live in one unit while generating income from the other. Both units feature identical layouts with two spacious bedrooms and two full bathrooms, complete with tile flooring throughout for easy maintenance. The galley kitchen opens to a bright dining and living area, with sliding glass doors leading to the backyard. Each unit also includes a private laundry room. Situated on nearly a quarter-acre, this well-maintained duplex offers space, privacy, and flexibility. Residents of Placid Lakes enjoy access to Lake June-in-Winter for boating, fishing, and outdoor recreation, along with a private park and boat ramp. Known for its charm and affordability, Lake Placid offers a relaxed Central Florida lifestyle with small-town appeal and easy access to major destinations. A versatile investment in a growing, sought-after area.$1,000 Lender Credit Available, inquire today!

608 Jupiter Avenue Nw, Lake Placid
580 Summer Hill Drive, Lake Placid
$289,900
3 Beds ⋅ 2 Baths ⋅ Sun N Lakes SubDv. ⋅ 33852 Zip Code
NEW ROOF BEFORE CLOSING! This 3-bedroom, 2-bath home in Sun 'N Lake of Lake Placid sits on THREE contiguous lots — roughly 0.70 acre of elbow room in a quiet, established neighborhood. Solid concrete block and stucco construction from 1992 with 1,184 square feet of comfortable living space, central air, and an attached 2-car garage. Inside you will find an easy, functional layout with drywall interiors and a mix of ceramic tile and carpet, plus a screened porch for morning coffee. Outside is where this one really separates itself: mature landscaping, established palms, oak shade, and enough open yard for the boat, the RV pad, a workshop, a pool, or a garden — room most in-town homes simply do not have. The seller is replacing the roof prior to closing, so the big-ticket item is handled for you. Minutes to Lake Placid shopping, dining, medical, and the chain of lakes, with Sebring and Highlands County recreation a short drive away. Buy the house, keep the extra lots, and enjoy the space. Call today for your private showing — se habla español.

580 Summer Hill Drive, Lake Placid
1151 Winter Green Street, Lake Placid
$499,999
5 Beds ⋅ 3 Baths ⋅ Leisure Lakes Sec 11 SubDv. ⋅ 33852 Zip Code
Welcome to 1151 Wintergreen Street in Lake Placid! This spacious 5-bedroom, 3-bath waterfront home has just undergone a complete remodel and is ready for its new owner. Recent improvements include an all-new kitchen featuring brand-new cabinetry, countertops, and appliances, beautifully remodeled bathrooms, fresh interior and exterior paint, updated landscaping, and more. Situated directly on a waterfront canal with a private dock, this property offers the perfect setting for anyone looking for a full-time residence, lake house, or Florida vacation getaway. With five bedrooms and three full bathrooms, there is plenty of room for family and guests while still offering the relaxed waterfront lifestyle Lake Placid is known for. The home is situated on Lot 26. The adjacent Lots 25 and 27 are also available for purchase separately or together, providing a unique opportunity for additional land, privacy, or future possibilities. Please note that the $499,000 list price includes the home and Lot 26 only. Completely remodeled, waterfront, and move-in ready — 1151 Wintergreen Street offers tremendous value at its new price of $499,000. Schedule your private showing today!

1151 Winter Green Street, Lake Placid
232 E Washingtonia Street, Lake Placid
$239,900
4 Beds ⋅ 2 Baths ⋅ Hansons Add SubDv. ⋅ 33852 Zip Code
If you are searching for an affordable property, well maintained, and in a great location, LOOK NO FURTHER! Metal roof put on in 2019 and new electric, windows, drywall, fresh paint, flooring, and kitchen cabinets all installed in 2022. Great investment opportunity or first time home! Located in the heart of Lake Placid, within walking distance to schools, stores, and restaurants. Large corner lot, with 2 sheds in the backyard for extra storage. Owners are licensed real estate agents.

232 E Washingtonia Street, Lake Placid
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