To schedule a showing of 724 Masterpiece Road, Lake Wales, Florida, Call David Shippey at 863-521-4517 TODAY!

$585,000 Reduced -$64,000
724 Masterpiece Road
Lake Wales, FL 33898
  • 3Beds
  • 2.00Total Baths
  • 2 Full, 0 HalfBaths
  • 1,461SqFt
  • 1949Year Built
  • 3.39Acres
  • MLS# P4936209
  • Residential
  • SingleFamilyResidence
  • Active

  • Approx Time on Market8 months, 22 days
  • Area33898 - Lake Wales
  • CountyPolk
  • Subdivision Craig W J Resub

Overview

Lake Starr Property with Endless Possibilities!New Price! Discover a rare opportunity to own 3.39 acres of lakefront living on the shores of Lake Starr. This exceptional property features buildding 1 (Main House) 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. Youll 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 accessory dwelling with a guest suite 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 theres a 24 x 40 three-bay detached garage/workshop with plenty of storage.This property is ideal for a family compound, multigenerational living, or as an income-producing investment property. Conveniently located near shopping, dining, and medical facilities, it combines privacy with accessibility. Close to Legoland and Winter Haven.Dont miss this one-of-a-kind lakefront opportunity!



Agriculture / Farm

Association Fees / Info

Bathroom Info

Total Baths:  2.00

Fullbaths:  2

Building Info

Roof:  Shingle

Building Area Source:  PublicRecords

Buyer Compensation

Exterior Features

Patio:  Deck, Patio

Exterior Features:  TennisCourts

Fees / Restrictions

Financial

Original Price:  $687,000

Garage / Parking

Parking Features:  ParkingPad, GarageFacesSide

Garage:  Yes

Green / Env Info

Interior Features

Floors:  Carpet, CeramicTile, Vinyl, Wood

Levels:  One

Laundry Features:  Inside, LaundryRoom

Interior Features:  MainLevelPrimary, OpenFloorplan

Appliances:  Dryer, ElectricWaterHeater, Range, Refrigerator, RangeHood, Washer

Lot Info

Direction Remarks:  Hwy 27 South from Winter Haven. Turn left at traffic light onto Chalet Suzanne Rd. go thru next traffic light continue straight onto Masterpiece Rd. property will be on your right.

Lot Size Units:  Acres

Lot Size Acres:  3.39

Lot Sqft:  147,625

Est Lotsize:  180x471

Lot Desc:  Cleared, OutsideCityLimits, Landscaped

Misc

Other

Other Structures:  GuestHouse, Sheds, TennisCourts

Special Conditions:  None

Other Rooms Info

Basement:  CrawlSpace

Property Info

Section:  14

Class Type:  SingleFamilyResidence

Property Sub Type:  SingleFamilyResidence

Construction Materials:  HardiplankType, WoodFrame

Stories:  1

Total Stories:  1

Foundation:  Crawlspace

Human Modified:  Yes

Room Info

Total Rooms:  6

Sqft Info

Sqft:  1,461

Bulding Area Sqft:  1,461

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,024

Tax Lot:  105

Tax Legal Description:  CRAIG W J RESUB PB 10 PG 39 IN SEC 14 T29 R27 LOTS 105 & 106 LESS HWY & LESS BEG AT INTER OF E LOT LINE OF LOT 106 & S R/W OF SR 17-A RUN S 21 DEG 45 MIN 02 SEC W ALONG LOT LINE 327.80 FT S 79 DEG 13 MIN 29 SEC W 96.90 FT N 17 DEG 20 MIN 38 SEC E 331 .24 FT TO RD R/W ELY ALONG R/W 115.20 FT CONT ALONG R/W 5.35 FT TO POB

Tax Annual Amount:  4237.98

Tax Book Number:  10-39

Unit Info

Utilities / Hvac

Heating:  Central, Electric

Water Source:  Well

Sewer:  SepticTank

Cool System:  CentralAir

Cooling:  Yes

Heating:  Yes

Utilities:  ElectricityConnected, HighSpeedInternetAvailable, WaterConnected

Waterfront / Water

Waterfront:  Yes

Waterfront Features:  LakeFront

View:  Yes

Water Body Name:  LAKE STARR

View:  Lake, Water

Directions

Hwy 27 South from Winter Haven. Turn left at traffic light onto Chalet Suzanne Rd. go thru next traffic light continue straight onto Masterpiece Rd. property will be on your right.

This listing courtesy of Coldwell Banker Realty 

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Price & Status History (on davidshippey.com since Mon, Sep 15th 2025)
  • Original Price: $687,000
  • Current Price: $585,000
  • Price Reduced: $102,000
Date ChangedFromTo
03/09/2026$649,000 $585,000 Reduced by $64,000
12/10/2025ActivePending
10/23/2025$687,000 $649,000 Reduced by $38,000

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If you have any questions on 724 Masterpiece Road, Lake Wales, Florida, please call David Shippey at 863-521-4517.


MLS# P4936209 located at 724 Masterpiece Road, Lake Wales, Florida is brought to you by David Shippey REALTOR®

724 Masterpiece Road, Lake Wales, Florida has 3 Beds, 2 Full Bath, and 0 Half Bath.
The MLS Number for 724 Masterpiece Road, Lake Wales, Florida is P4936209.
The price for 724 Masterpiece Road, Lake Wales, Florida is $585,000.
The status of 724 Masterpiece Road, Lake Wales, Florida is Active.
The subdivision of 724 Masterpiece Road, Lake Wales, Florida is Craig W J Resub.
The home located at 724 Masterpiece Road, Lake Wales, Florida was built in 2026.