724 Masterpiece Road, Lake Wales, FL 33898

Local realty services provided by:ERA ONETEAM REALTY
724 Masterpiece Road,Lake Wales, FL 33898
$649,000
  • 3 Beds
  • 2 Baths
  • 1,461 sq. ft.
  • Single family
  • Active
Listed by:julie seay
Office:coldwell banker realty
MLS#:P4936209
Source:MFRMLS

Price summary

  • Price:$649,000
  • Price per sq. ft.:$444.22

About this home

Lake Starr Property with Multiple Dwellings & Endless Possibilities! Discover a rare opportunity to own 3.39 acres of lakefront living on the shores of Lake Starr. This unique property features a 3 bedroom, 2 bath home offering stunning lake views and even a view of Bok Tower! The spacious open living and dining area are great for entertaining. You’ll also enjoy a split bedroom layout, and charming pine hardwood floors. Recent upgrades include updated windows and doors, rewired electric, Hardie board siding, and additional insulation. New roof (2024) and new pump for well (2025) In addition to the main home, the property includes a versatile guest dwelling with multiple rental options: a fully furnished studio apartment upstairs, a 2 bedroom/1 bath apartment downstairs, plus a shared recreation room complete with a sitting area, ping pong, pool table, sauna, full bath, and an open patio overlooking the lake and tennis court. For your cars, boat, camper or toys there’s a 24’ x 40’

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Home facts

  • Year built:1949
  • Listing ID #:P4936209
  • Added:50 day(s) ago
  • Updated:November 05, 2025 at 01:08 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,461 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Electric

Structure and exterior

  • Roof:Shingle
  • Year built:1949
  • Building area:1,461 sq. ft.
  • Lot area:3.39 Acres

Utilities

  • Water:Water Connected, Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$649,000
  • Price per sq. ft.:$444.22
  • Tax amount:$4,238 (2024)
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