4365 Canal Rd, Lake Wales, FL, 33898
About This Home
Welcome home to your future lakefront retreat! This enchanting property offers breathtaking views of Lake Pierce and sits on nearly 2 acres of lush, tranquil land. Designed as a family compound, it features a main house, two studio apartments, and a 2-bedroom, 1-bath mobile home, making it a truly unique and versatile lakeside haven. The main residence offers 2 bedrooms and 2 bathrooms, thoughtfully positioned to maximize the stunning waterfront views. The eat-in kitchen includes a center island, oak cabinetry, and a reverse osmosis water filtration system. The expansive great room is adorned with French doors that open to a screened-in lanai, nestled under the shade of a majestic oak tree and surrounded by lush tropical landscaping. The primary bedroom suite includes dual closets and a private ensuite bathroom. The inviting front porch provides the perfect spot to relax and soak in the inspiring views of Lake Pierce. Because the property spans both the lakefront and canal, it offers an excellent opportunity for floatplane access—a rare and valuable feature for aviation enthusiasts. The 3-car garage includes enough space for a work shop or extra storage space. Each of the two studio apartments features: Tile flooring, Ventless air-conditioning systems, Remodeled bathrooms, Tankless water heaters and Updated electrical panels The 2-bedroom, 1-bath mobile home is being offered fully furnished and turn key ready. Featuring a screened-in porch, new hot water heater (2024) and Off-street parking. Additional Upgrades & Amenities: Main house roof replaced in 2018, New 3-ton AC unit (2024), New water heater (2024), Hurricane shutters, Utility room, Canal-front dock, Irrigation system with new Rainbird control panel, Water filtration system, Paved driveway, Private, gated entrance. A Tranquil Lakeside Sanctuary Tucked away behind a private gate, this picturesque retreat radiates Old World charm and peaceful seclusion—the perfect escape from the hustle and bustle of modern life. Conveniently located just 45 minutes from Disney, it combines privacy, versatility, and access to nature in one extraordinary package.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1996
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Block,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Electric Water Heater,Microwave,Range,Tankless Water Heater,Washer,Water Filtration System,Whole House R.O. System
- Laundry features: Inside
Balcony Porch Lanai
- Level: First
- Area: 100
- Dimensions: 10x10
Balcony Porch Lanai
- Level: First
- Area: 420
- Dimensions: 14x30
Bedroom2
- Features: Built-in Closet
- Level: First
- Area: 156
- Dimensions: 12x13
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Dining Room
- Level: First
- Area: 130
- Dimensions: 10x13
Features
- Ceiling Fan(s),Eating Space In Kitchen,Open Floorplan,Primary Bedroom Main Floor,Split Bedroom,Vaulted Ceiling(s)
- Door features: French Doors,Sliding Doors
- Window features: Double Pane Windows,Hurricane Shutters
- Flooring: Ceramic Tile,Engineered Hardwood,Laminate
Foyer
- Level: First
- Area: 60
- Dimensions: 6x10
Great Room
- Level: First
- Area: 300
- Dimensions: 15x20
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air
Interior Area
- Total structure area: 1,920
- Total interior livable area: 1,500 sqft
Kitchen
- Level: First
- Area: 154
- Dimensions: 11x14
Primary Bathroom
- Level: First
- Area: 72
- Dimensions: 9x8
Primary Bedroom
- Features: Dual Closets
- Level: First
- Area: 270
- Dimensions: 18x15
Utility Room
- Level: First
- Area: 63
- Dimensions: 7x9
Property
Details
- Parcel number: 282833000000042020
- Special condition: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered,Front Porch,Patio,Screened,Side Porch
- Exterior features: Irrigation System,Lighting,Rain Gutters
- Fencing: Fenced,Other
- Has view: Yes
- View description: Water,Canal,Lake
- Has water view: Yes
- Water view: Water,Canal,Lake
- On waterfront: Yes
- Waterfront features: Canal Front,Lake Front,Freshwater Canal Access,Lake Privileges,Seawall,Skiing Allowed
- Waterbody name: LAKE PIERCE
- Residential vegetation: Mature Landscaping,Oak Trees
Lot
- Lot size: 1.91 Acres
- Features: Landscaped,Level,Oversized Lot
- Lot size dimensions: 175 x 263 x 269 x 412
Parking
- Total spaces: 3
- Parking features: Driveway,Garage Door Opener,Golf Cart Garage,Oversized
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
- 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
- Hurricane
- Lightning
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Polk County and Florida
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,412 | $40,944 |
| Home Insurance * | $764 | $9,168 |
| Property Taxes | $723 | $8,676 |
| Electricity | $197 | $2,366 |
| Total | $5,096 | $61,152 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-24 | Price change | $674,900 |
| 2025-04-24 | Listed for sale | $679,900 |
| 2024-07-11 | Listing removed | $669,900 |
| 2024-05-24 | Price change | $669,900 |
| 2024-03-14 | Price change | $674,900 |
| 2023-09-27 | Listed for sale | $679,900 |
| 2023-07-11 | Listing removed | -- |
| 2023-05-10 | Listed for sale | $675,000 |
| 2023-05-08 | Pending sale | $675,000 |
| 2023-04-14 | Price change | $675,000 |
| 2023-03-29 | Listed for sale | $699,500 |
| 2023-03-20 | Pending sale | $699,500 |
| 2023-02-20 | Price change | $699,500 |
| 2023-01-13 | Price change | $729,000 |
| 2022-10-10 | Listed for sale | $745,000 |
| 2022-08-05 | Listing removed | -- |
| 2022-03-21 | Listed for sale | $759,000 |
| 2021-11-23 | Listing removed | -- |
| 2021-06-04 | Price change | $799,000 |
| 2021-05-21 | Listed for sale | $814,900 |
| 2021-05-11 | Listing removed | -- |
| 2021-02-26 | Price change | $795,000 |
| 2021-01-12 | Listed for sale | $810,000 |
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