707 Cambridge Way, Lake Wales, FL, 33853
About This Home
This charming 2-bed, 2-bath home in the Crown Pointe community sits on a spacious 1/3-acre lot. It features a brand-new roof (2025), a new A/C system (2024), and solar panels (2025) for low utility costs. The interior boasts high ceilings, a sunken living room with a fireplace, and a modern kitchen with stainless steel appliances. Key highlights include a bright Florida room with a bar, a guest room with a built-in Murphy bed, and updated flooring throughout. Outside, the massive, fully fenced backyard offers a heated Jacuzzi, a storage shed with power/AC, and plenty of room for a pool. Located steps from local trails and minutes from Bok Tower Gardens, this move-in-ready home is perfectly maintained.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1990
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Block
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Microwave,Range,Refrigerator
- Laundry features: Electric Dryer Hookup,Washer Hookup
Bedroom2
- Features: Ceiling Fan(s),Built-in Closet
- Level: First
- Area: 144
- Dimensions: 12x12
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Dining Room
- Level: First
- Area: 144
- Dimensions: 12x12
Features
- Eating Space In Kitchen,High Ceilings,Living Room/Dining Room Combo,Primary Bedroom Main Floor,Thermostat,Walk-In Closet(s)
- Door features: French Doors
- Flooring: Carpet,Ceramic Tile,Hardwood
- Fireplace features: Gas,Living Room,Masonry
- Fireplace: Yes
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 2,002
- Total interior livable area: 1,549 sqft
Kitchen
- Features: Pantry
- Level: First
- Area: 168
- Dimensions: 14x12
Living Room
- Level: First
- Area: 320
- Dimensions: 20x16
Primary Bedroom
- Features: Ceiling Fan(s),Walk-In Closet(s)
- Level: First
- Area: 168
- Dimensions: 14x12
Property
Details
- Parcel number: 272936880202000940
- Special condition: None
Features
- Levels: One
- Stories: 1
- Exterior features: Private Mailbox,Sidewalk,Storage
- Fencing: Wood
Lot
- Lot size: 0.30 Acres
- Lot size dimensions: 85 x 152
Parking
- Total spaces: 2
- Parking features: Covered,Driveway
- 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
- Lightning
- Strong Wind
- Hurricane
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 | $1,188 | $14,256 |
| Home Insurance * | $259 | $3,108 |
| Property Taxes | $257 | $3,084 |
| Electricity | $197 | $2,366 |
| Total | $1,901 | $22,812 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-23 | Price change | $235,000 |
| 2026-03-13 | Price change | $250,000 |
| 2026-02-21 | Price change | $255,000 |
| 2026-01-31 | Listed for sale | $270,000 |
| 2026-01-26 | Listing removed | $259,900 |
| 2026-01-04 | Price change | $259,900 |
| 2025-08-19 | Price change | $265,000 |
| 2025-07-31 | Price change | $275,000 |
| 2025-07-23 | Listed for sale | $289,000 |
| 2024-07-11 | Listing removed | $300,000 |
| 2024-05-09 | Listed for sale | $300,000 |
| 2017-04-10 | Sold | $143,000 |
| 2016-01-01 | Listing removed | $900 |
| 2015-12-09 | Listed for rent | $900 |
| 1997-01-06 | Sold | $79,000 |
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