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2502 Lake Front Dr, Lake Wales, FL, 33898

4beds
3baths
2,384sqft
$559,995
$235price/sqft
$4,222/moest. monthly cost
$168,880/yrincome needed

About This Home

Custom-built and thoughtfully designed, this one-acre corner-lot residence offers a rare sense of space, privacy, and calm within a peaceful lakefront community with lake access and an optional HOA of just $150 yearly. Created for an owner who valued quality, comfort, and quiet living, the home feels intentional, refined, and welcoming from the moment you arrive. Vaulted ceilings and 33x33 porcelain tile flooring throughout create an open, sun-filled interior with a seamless flow. The kitchen serves as the heart of the home, featuring quartz countertops, LG stainless steel appliances, and a layout ideal for everyday living and relaxed entertaining. Each bedroom features custom-built closets, while the primary suite offers spacious walk-in closets that balance elegance and functionality. Step outside to an expansive backyard that feels like a private retreat, complete with avocado and mango trees and ample space to relax, gather, or enjoy the quiet surroundings. The corner-lot setting enhances privacy and flexibility. This home is designed to slow life down—where refined finishes, generous land, and a tranquil, lake-oriented setting come together effortlessly.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Construction

Condition

  • Property condition: Completed
  • Year built: 2023

Materials

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

Type & Style

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

Interior

Appliances

  • Appliances included: Cooktop,Disposal,Microwave,Other,Range,Refrigerator
  • Laundry features: Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Built-in Features,Ceiling Fan(s),Vaulted Ceiling(s),Walk-In Closet(s)
  • Flooring: Ceramic Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,170
  • Total interior livable area: 2,384 sqft

Kitchen

  • Features: Kitchen Island,No Closet
  • Level: First
  • Area: 159.08
  • Dimensions: 16.4x9.7

Living Room

  • Features: Ceiling Fan(s),No Closet
  • Level: First
  • Area: 225
  • Dimensions: 15x15

Primary Bedroom

  • Features: Ceiling Fan(s),Walk-In Closet(s)
  • Level: First
  • Area: 238
  • Dimensions: 17x14

Property

Details

  • Parcel number: 293020992830005160
  • Zoning: RC
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Other

Lot

  • Lot size: 1 Acres

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Wildfire
    WildfireRelatively High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Hurricane
Lightning
Strong Wind
Wildfire
Inland Flooding

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 $2,831$33,972
Home Insurance *$634$7,608
Property Taxes $518$6,216
Electricity $239$2,879
Total$4,222$50,664
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$144,754/yr
40% on housing$126,660/yr
45% on housing$112,586/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

$235This listing

vs Other Active Listings

Avg $/sqft

ZIP 33898$124
Polk County$134

vs Homes Sold Last Month

Median $/sqft

ZIP 33898$187
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
2026-01-06Listed for sale$580,000
2021-07-14Sold$39,900
2021-06-10Pending sale$39,900
2021-05-04Listed for sale$39,900
2021-02-01Sold$30,000
2021-01-15Pending sale$34,900
2021-01-15Price change$34,900
2020-12-14Price change$39,900
2020-12-03Price change$34,900
2020-07-16Listed for sale$39,900
2020-07-10Sold$32,500
2020-07-10Price change$33,900
2020-07-01Pending sale$32,500
2019-06-10Price change$32,500
2018-10-10Price change$33,900
2018-01-12Price change$35,900
2016-11-21Listed for sale$39,900
2016-05-15Listing removed$39,900
2015-06-06Price change$39,900
2015-03-26Listed for sale$41,000
2015-01-07Listing removed$41,000
2014-09-19Listed for sale$41,000

For Sale by Agent

AgentAbdias Alexandre
BrokerageCENTRIC REALTY SERVICES LLC

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