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2914 PENNACHIO DRIVE, Lake Wales, FL, 33853

4beds
2baths
1,830sqft
$297,000
$162price/sqft
$2,549/moest. monthly cost
$101,960/yrincome needed

About This Home

Short Sale. Welcome home to this beautifully designed 4 bedroom, 2 bathroom split floorplan residence offering the perfect blend of comfort, style, and functionality. The open concept layout features tile flooring throughout the main living areas and plush carpet in the bedrooms, creating a warm and inviting atmosphere. The spacious kitchen is a true centerpiece, complete with stainless steel appliances, granite countertops, a decorative tile backsplash, and a large center island perfect for meal prep, entertaining, or casual dining. The private primary suite offers a relaxing retreat with a generous bedroom, walk in closet, and plenty of space to unwind. Three additional bedrooms provide flexibility for family, guests, or a home office. Step outside and discover your own backyard oasis. The fully fenced yard showcases low maintenance turf style grass, an expansive paver patio, a deck for outdoor gatherings, and a refreshing soaking pool, perfect for enjoying Florida's beautiful weather year-round. Additional features include a water softener system for added convenience and comfort. This move in ready home combines modern finishes, thoughtful design, and exceptional outdoor living in one incredible package. Schedule your private showing today!

Getting Around

38
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 2025

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Block,Stucco

Other

  • Builder model: Celeste
  • Builder name: Lennar Homes

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer,Water Softener
  • Laundry features: Inside,Laundry Room

Bedroom2

  • Features: Built-in Closet
  • Level: First
  • Area: 110
  • Dimensions: 11x10

Bedroom3

  • Features: Built-in Closet
  • Level: Second
  • Area: 100
  • Dimensions: 10x10

Bedroom4

  • Features: Built-in Closet
  • Level: Second
  • Area: 110
  • Dimensions: 11x10

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: First
  • Area: 100
  • Dimensions: 10x10

Features

  • Eating Space In Kitchen,Kitchen/Family Room Combo,Open Floorplan,Primary Bedroom Main Floor,Solid Surface Counters,Split Bedroom,Thermostat,Walk-In Closet(s)
  • Door features: Sliding Doors
  • Flooring: Carpet,Tile

Great Room

  • Level: First
  • Area: 285
  • Dimensions: 15x19

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,298
  • Total interior livable area: 1,830 sqft

Kitchen

  • Level: First
  • Area: 100
  • Dimensions: 10x10

Primary Bedroom

  • Features: Walk-In Closet(s)
  • Level: First
  • Area: 204
  • Dimensions: 12x17

Property

Details

  • Parcel number: 283007940856002720
  • Special condition: Short Sale

Features

  • Levels: One
  • Stories: 1
  • Private pool: Yes
  • Pool features: Above Ground
  • Patio & porch: Patio
  • Exterior features: Irrigation System,Sidewalk
  • Fencing: Vinyl

Lot

  • Lot size: 5,689 sqft
  • Features: Landscaped,Level,Sidewalk

Parking

  • Total spaces: 2
  • Parking features: Driveway,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Strong Wind
Hurricane
Lightning
Inland Flooding
Tornado

FEMA Declared Disasters in Polk County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,501$18,012
Home Insurance *$327$3,924
Property Taxes $524$6,288
Electricity $197$2,366
Total$2,549$30,588
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$87,394/yr
40% on housing$76,470/yr
45% on housing$67,973/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.8%
11.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 6.0%
6.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$162This listing

vs Other Active Listings

Avg $/sqft

ZIP 33853$110
Polk County$134

vs Homes Sold Last Month

Median $/sqft

ZIP 33853$137
Polk County$179

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-10Price change$250,000
2026-06-25Listed for sale$297,000
2025-07-03Sold$275,000

For Sale by Agent

AgentCasandra Vann
BrokerageKELLER WILLIAMS REALTY

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