38 Queen Of Waters Street, Lake Wales, FL 33898
Local realty services provided by:ERA Grizzard Real Estate
Listed by: amanda wright
Office: remax experts
MLS#:L4951660
Source:MFRMLS
Price summary
- Price:$249,900
- Price per sq. ft.:$179.53
- Monthly HOA dues:$244.67
About this home
THIS HOME QUALIFIES FOR 100% FINANCING (No PMI and No Income Restrictions with preferred lender). Enjoy lakefront living in the highly sought-after Saddlebag Lake Resort, a gated 55+ community where you own the land and enjoy resort-style amenities. This well-maintained 2-bedroom, 2-bath home offers beautiful waterfront views and a peaceful setting with a greenway on one side, providing added privacy. A spacious 24’ x 10’ screened porch overlooks the lake and offers the perfect space to relax and enjoy the view.
Inside, the home features an open-concept floor plan with a spacious kitchen and island, ideal for entertaining and everyday living. The home is partially furnished and includes a washer and dryer, making it move-in ready. The primary bedroom features a large closet and an ensuite bathroom with a double vanity and walk-in shower. The guest bedroom also offers a generous closet, and the guest bathroom includes a tub/shower combination.
This home has been meticulously maintained with major updates already completed, including a new roof in December 2022 and an HVAC system replaced in 2022. A large 24’ x 24’ carport was added in 2014, providing ample shade and coverage for vehicles. The landscaped yard is low maintenance, allowing you more time to enjoy the community and lake lifestyle. A ramp provides easy access to the home, and a fire hydrant located on the property offers added peace of mind. A large storage shed is included and is spacious enough for a golf cart.
Saddlebag Lake Resort is an active adult 55+ community known for its extensive amenities and vibrant lifestyle. Residents enjoy access to a heated pool, sauna, hot tub, shuffleboard courts, tennis and pickleball courts, horseshoe pits, and a clubhouse with a full kitchen and library. The community also features a dog park with a wash station, a golf practice range, RV and boat storage area, and a private boat launch. The lakefront beach house includes a kitchen and restrooms and provides a perfect setting for gatherings and events. Numerous social clubs and activities are available for residents, including fishing, golf, men’s and women’s clubs, a dog owners’ club, horseshoes, and organized travel opportunities coordinated for the community.
This property offers the opportunity to enjoy affordable lakefront living with resort-style amenities in one of Central Florida’s most desirable 55+ communities. Schedule your private showing today....
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Home facts
- Year built:2008
- Subdivision & Development:SADDLEBAG LAKE
- Listing ID #:L4951660
- Added:582 day(s) ago
- Updated:October 28, 2026 at 03:53 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Laminate, Linoleum
- Dining Description:L Shaped, Living Room/Dining Room Combo
- Kitchen Description:Dishwasher, Disposal, Microwave, Range, Refrigerator
- Bedroom Description:Primary Bedroom Main Floor
- Basement Description:Crawlspace
- Living area:1,152 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:2008
- Building area:1,152 sq. ft.
- Lot area:0.1 Acres
- Lot Features:Cleared, Level, Paved, Private
- Architectural Style:Florida
- Construction Materials:Frame, Vinyl Siding
- Exterior Features:Awning(s), Covered Porch/Patio, Lighting, Porch, Rain Gutters, Rear Porch, Screened, Side Porch
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Water Connected
- Sewer:Private Sewer, Sewer Connected
Finances and disclosures
- Price:$249,900
- Price per sq. ft.:$179.53
- Tax amount:$712 (2024)
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Laundry features:Dryer, Inside, Laundry Room, Washer
- Amenities:Cable Connected, Ceiling Fans(s), Clubhouse, Fitness Center, Gated, L Dining, Laundry, Living Room/Dining Room Combo, Open Floorplan, Pickleball Court(s), Pool, Primary Bedroom Main Floor, Racquetball, Recreation Facilities, Sauna, Security, Shuffleboard Court, Spa/Hot Tub, Storage, Tennis Court(s), Thermostat, Vaulted Ceiling(s), Window Treatments
- Pool features:Pool, Public Pool
Parking
- Parking description:4 Car Carport, Driveway, Ground Level, Off Street
- Carport spaces:4
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