Lake Wales Homes under $400,000

Lake Wales Homes under $400,000

Welcome to Lake Wales, a hidden gem nestled in the heart of Polk County, Florida. This charming community, located in the vibrant city of Lake Wales South, offers a perfect blend of natural beauty, small-town charm, and modern conveniences. With its picturesque landscapes, including serene lakes and rolling hills, Lake Wales is an ideal place for families, retirees, and anyone seeking a tranquil lifestyle.

One of the standout features of this subdivision is its diverse selection of homes, particularly those priced under $400,000. Whether you’re a first-time homebuyer or looking to downsize, Lake Wales has something for everyone. From cozy single-family homes with spacious yards to contemporary townhouses, the options are plentiful and designed to suit various lifestyles and budgets. Many of these properties boast modern amenities, open floor plans, and beautiful outdoor spaces, making them perfect for entertaining or enjoying peaceful evenings under the stars.

Living in Lake Wales means embracing a lifestyle filled with outdoor activities and community spirit. Residents can take advantage of nearby parks, hiking trails, and the stunning Bok Tower Gardens, which offer breathtaking views and a chance to connect with nature. Additionally, the area is known for its friendly neighbors and strong sense of community, making it easy to feel right at home.

If you’re searching for an affordable home in a picturesque setting, Lake Wales is the place to be. Discover the charm and warmth of this delightful community, and find your dream home today!

Newest Lake Wales Homes under $400,000

414 E Bullard Avenue, Lake Wales
$275,000
3 Beds ⋅ 2 Baths ⋅ Lake Wales SubDv. ⋅ 33853 Zip Code
Charming 3BD/2BA home that has been beautifully updated, located in a well-established neighborhood of Lake Wales. This home if full of character, starting with its quaint and welcoming curb appeal. As you enter the home, you’ll find the spacious living room that is bright, airy and full of natural light. The attractive brick accent wall and rustic mantle add to the overall character and charm. The living room naturally flows into the formal dining room, which is the central point of the home. The dining room also opens into the kitchen and the Florida room, giving the home a more open feel. The large kitchen has been tastefully updated, featuring new cabinets (with ample storage), countertops and decorative backsplash that really makes the kitchen “pop.” The pantry also offers additional storage space with shelving, cabinets and a countertop (perfect for a coffee station)! The Florida room provides additional space to relax or entertain! The master bedroom features an en-suite bathroom that has been completely updated with a stylish, sliding barn door, updated vanity, and an oversized, extra deep tub! The other two bedrooms are great sizes, and the second bathroom has been remodeled. The sizable backyard is fully fenced and offers a 12x24 wooden deck that is perfect for weekend cookouts. There is a detached garage with a storage loft that is accessible from the alley behind the home, as well as a 2 car carport. Extensive updates have been made to this home including BRAND NEW ROOF 2026, new windows, new sliding door in Florida room, newer flooring throughout, remodeled kitchen, remodeled both bathrooms, newer/updated CPVC plumbing, fresh exterior paint, new sidewalk out front and much more. It is truly move-in ready! This home is in an ideal location, one block up from the walking path around Lake Wales, minutes away from downtown, churches, school, Hwy 27 and SR 60, the hospital, restaurants, shopping and so much more! Don’t miss out on this incredible home! Call to schedule your private showing today!

414 E Bullard Avenue, Lake Wales
116 S Lakeshore Boulevard, Lake Wales
$359,000
3 Beds ⋅ 2 Baths ⋅ Lake Wales SubDv. ⋅ 33853 Zip Code
Step into timeless charm and character with this beautiful historic home in Lake Wales offering picturesque views of Lake Wailes. Nestled on approximately half an acre, this 3 bedroom, 2 bathroom home features over 1,900 square feet of heated living space along with a detached 2-car garage and all the warmth and charm you would expect from a historic property. Inside, the home welcomes you with rich character and inviting living spaces including a cozy living room centered around an amazing wood-burning fireplace, a dedicated study with built-in shelving, and a formal dining room complete with a dry bar area perfect for entertaining. The adorable kitchen offers a gas stove, breakfast area, and plenty of charm throughout. The spacious primary bedroom is conveniently located downstairs, while two additional bedrooms are tucked away upstairs for added privacy. Enjoy peaceful mornings or relaxing evenings from the wonderful screened-in porch overlooking the beautifully sized yard and scenic lake views. Major updates include an HVAC system that is only 1 year old, offering added peace of mind. Outdoor enthusiasts will love being just a short walk from Lake Wailes where boating, jet skiing, and fishing can be enjoyed from the nearby fishing pier. Also only minutes away on foot is Lake Wailes Park featuring picnic areas, sports fields, a playground, boat ramp, dog-friendly areas, and a scenic 2.5-mile paved trail surrounding the lake. Conveniently located near shopping, restaurants, medical facilities, and entertainment, this one-of-a-kind property blends historic charm with everyday convenience

116 S Lakeshore Boulevard, Lake Wales
425 E Sessoms Avenue, Lake Wales
$285,000
2 Beds ⋅ 3 Baths ⋅ Lake Wales SubDv. ⋅ 33853 Zip Code
Reduced price! Motivated seller! High-Yield Turnkey Triplex with 2024 Upgrades! Investors, seize this rare income-producing asset generating $3,000 in gross monthly revenue with an exceptionally low expense profile. Situated on a spacious 0.31-acre lot, this property offers the perfect blend of density and privacy across two solid brick residential buildings. Major 2024 Capital Upgrade: A Brand New Roof was installed across the property in 2024, providing years of worry-free ownership. Both primary buildings are equipped with Central AC to ensure maximum tenant comfort and retention. The Layout:425 E Sessoms Ave: A standalone 1-bedroom, 1-bathroom cottage (685 sq ft) featuring a private 90 sq ft finished screened porch and a classic fireplace. 427 E Sessoms Ave (Front): A private 1-bedroom, 1-bathroom suite with its own dedicated front entrance and porch. 427 E Sessoms Ave (Rear): A secluded private studio with a separate side/rear entrance for ultimate tenant privacy. Bonus Value: A detached large storage building at the rear includes an on-site laundry room, a high-demand amenity that adds significant utility. Built with common brick exterior walls, this property is designed for low-maintenance, long-term performance. With an annual gross income of $36,000 and minimal overhead, this "Cash Cow" is ready for Day 1 operations. Schedule your showing today!

425 E Sessoms Avenue, Lake Wales
425 E Sessoms Avenue, Lake Wales
$285,000
3 Beds ⋅ 3 Baths ⋅ Lake Wales SubDv. ⋅ 33853 Zip Code
Just reduced the price! the seller is motivated on this Versatile Property with Multiple Living Spaces, New Roof, and Endless Possibilities Discover a unique opportunity at 425 E Sessoms Ave in Lake Wales. Situated on a spacious 0.31-acre lot, this property features two solid brick residential buildings and three separate living spaces, offering exceptional flexibility for homeowners, investors, multi-generational families, or anyone seeking additional room for guests, hobbies, or rental income. Main Cottage (425 E Sessoms Ave) This charming standalone 1-bedroom, 1-bath residence offers approximately 685 square feet of comfortable living space. Inside, you’ll find a cozy fireplace and a finished screened porch, creating the perfect spot to relax with morning coffee or unwind at the end of the day. Second Residential Building (427 E Sessoms Ave) The rear building is configured into two separate living areas: * Front Suite: Private 1-bedroom, 1-bath unit with its own entrance and welcoming front porch. * Rear Studio: Secluded studio space featuring a separate side entrance for added privacy. Recent Improvements & Features * Brand-new roof installed in 2024 * Central air conditioning in both residential buildings * Detached storage building with dedicated laundry room * Durable brick construction for low-maintenance ownership * Spacious 0.31-acre lot with room to enjoy outdoor living

425 E Sessoms Avenue, Lake Wales
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