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863-412-7121
KB Realty Team
660 Duggers Way, Lake Wales, FL 33859
- $385,000
- 3
- BD
- 2
- BA
- 2,288
- SqFt
- Sold Price
- $385,000
- List Price
- $420,000
- Status
- Sold
- Days on Market
- 148
- Closing Date
- Mar 23, 2026
- MLS#
- P4936380
- Property Style
- Single Family
- Architectural Style
- Other
- Year Built
- 1977
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 2,288
- Lot Size
- 71,002
- Acres
- 1.63
- Total Acreage
- 1 to less than 2
- Legal Subdivision Name
- Waverly
- MLS Area Major
- Lake Wales
Property Description
Owner motivated! Central Florida lakefront property totaling 1.6+ acres of high and dry land, no HOA, and more than 300 feet of lake frontage across two parcels. This unique investment opportunity includes a 0.88-acre homesite featuring a spacious 2,200+ sqft residence that is prime for renovation plus an adjoining 0.77-acre lot—both overlooking the peaceful waters of Lake Lee. Perfect for investors, nature lovers, outdoor enthusiasts, hobbyists, business owners, or anyone needing space for boats, RVs, equipment, or vehicles, this property offers privacy, room to grow, and endless potential. A private drive leads to a once-thriving lakefront retreat now ready for updates and customization. Inside, the home features an expansive floorplan with oversized rooms throughout. The main level opens to a large great room with a wood-burning stone fireplace, soffit lighting, and plenty of space for entertaining and everyday living. The kitchen provides abundant cabinetry, generous counter space, and an easy flow into the dining area. The oversized primary suite includes a walk-in closet and private bath with walk-in shower and makeup vanity. A split guest suite with its own walk-in closet and full bath offers comfort and privacy, while the laundry room completes the main floor. The lower level, with a private entrance, expands the possibilities with a large bonus room, office, and flexible storage/bedroom space—ideal for multi-generational living, hobbies, or even a home-based business. Parking and storage are unmatched, with a two-car garage plus a two-car covered carport, offering ideal space for vehicles, boats, trailers, or recreational equipment. Major system updates add peace of mind: new AC (2018, motor 2024), new roof (2023), and new well tank and pump (2025), new water heater (2026). Outdoors, the property embodies quiet, natural Florida living. Lake Lee is known for great fishing, abundant wildlife, peaceful waters, and dramatic sunsets—an ideal setting for relaxation or adventure. The acreage sits high and dry above flood zones for added security. Located just minutes from Hwy 27, this property provides the perfect balance of seclusion and convenience, with easy access to shopping, dining, medical facilities, schools, and a short drive to Tampa, Orlando, Disney attractions, and Florida’s east and west coast beaches. With acreage, privacy, no HOA, lakefrontage, and tremendous upside, this is a one-of-a-kind property nearly impossible to replicate.
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Additional Information
- Taxes
- $3812
- Minimum Lease
- 6 Months
- Location
- In County
- Community Features
- No Deed Restriction
- Property Description
- Two Story
- Zoning
- RC
- Interior Layout
- Ceiling Fans(s)
- Interior Features
- Ceiling Fans(s)
- Floor
- Carpet, Ceramic Tile, Linoleum, Tile
- Appliances
- Dishwasher, Range
- Utilities
- Electricity Connected, Water Connected
- Heating
- Central, Electric
- Air Conditioning
- Central Air
- Fireplace Description
- Living Room
- Exterior Construction
- Block
- Exterior Features
- Sliding Doors
- Roof
- Shingle
- Foundation
- Basement
- Pool
- No Pool
- Garage Carport
- 2 Car Carport, 2 Car Garage
- Garage Spaces
- 2
- Garage Features
- Garage Door Opener, Garage Faces Side
- Garage Dimensions
- 18x23
- Water Name
- Lake Lee
- Water View
- Lake
- Water Access
- Lake
- Water Frontage
- Lake Front
- Pets
- Allowed
- Flood Zone Code
- X
- Parcel ID
- 27-29-10-859000-014011
- Legal Description
- WAVERLY PB 3 PG 7 IN SEC 3/9 T29 R27 PT OF BLK 14 LOT 1 DESC AS FOLL: COMM SE COR LOT 1 W 418.71 FT TO POB N 175.15 FT W 158.03 FT TO W LINE LOT 1 S 03 DEG 26 MIN 25 SEC E 178.10 FT TO SW COR LOT 1 E 148.53 FT TO POB & STRIP OF LAND LYING W OF ABOVE BETWEEN LK LEE & LEE BLVD
Listing courtesy of THE STONES REAL ESTATE FIRM. 863-293-1133
Selling Office: THE STONES REAL ESTATE FIRM.How much is your home worth?
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