Sold for $300,000 on 02/28/24
$300,000
648 Masterpiece Rd, Lake Wales, FL 33898
5beds
2,370sqft
Single Family Residence
Built in 1955
2.42 Acres Lot
$377,500 Zestimate®
$127/sqft
$2,007 Estimated rent
Home value
$377,500
$332,000 - $427,000
$2,007/mo
Zestimate® history
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Owner options
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What's special
CASH ONLY!! MUST CLOSE BY FEBRUARY 10TH. 1950's Fixer-Upper with lovely Water Views on Lake Starr! This property, situated on over 2 acres, presents a unique opportunity for those with a vision for restoration. Nestled in Lake Wales, this fixer-upper boasts breathtaking water views and a serene water front gazebo, creating an idyllic setting for a dream home.The home features a fireplace on the back screened lanai, providing a cozy retreat with a view of the water. The family room is adorned with mid century built-in cabinets and shelves, while the dining room offers additional storage with built-in cabinets. The master bedroom is complemented by a bay window, and his and her closets add a touch of convenience.French doors off the formal living room lead to the screened lanai, seamlessly connecting indoor and outdoor spaces. The property also includes a large indoor laundry room, enhancing practicality. While this residence requires tender loving care (TLC) and renovations, the potential for creating a personalized and stunning home is evident. Take advantage of this opportunity to transform this fixer-upper into a true gem, blending modern comfort with the beauty of its natural surroundings. Please note that due diligence in assessing renovation costs and potential property value is advisable. Don't hesitate to reach out if you have any questions or need further assistance in navigating this exciting project!
Zillow last checked: 8 hours ago
Listing updated: March 02, 2024 at 07:19am
Listing Provided by:
Deborah Saley 850-879-1555,
PAIGE WAGNER HOMES REALTY 321-749-4196
Bought with:
Deborah Saley, 3123527
PAIGE WAGNER HOMES REALTY
Source: Stellar MLS,MLS#: L4941979
Originating MLS: Lakeland

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Description: Room4
- Features: Ceiling Fan(s), Built-in Closet
- Level: First
- Dimensions: 14x20
Bedroom 2
- Features: Ceiling Fan(s), Built-in Closet
- Level: First
- Dimensions: 11x14
Bedroom 3
- Features: Ceiling Fan(s), Built-in Closet
- Level: First
- Dimensions: 12x13
Bedroom 4
- Features: Ceiling Fan(s), Built-in Closet
- Level: First
- Dimensions: 11x13
Bedroom 5
- Features: Ceiling Fan(s), Built-in Closet
- Level: First
- Dimensions: 13x16
Dining room
- Description: Room3
- Level: First
- Dimensions: 9x11
Family room
- Description: Room2
- Features: Built-In Shelving, Ceiling Fan(s)
- Level: First
- Dimensions: 11x13
Kitchen
- Description: Room1
- Level: First
- Dimensions: 9x10
Living room
- Description: Room5
- Level: First
- Dimensions: 12x12
Heating
- Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Exhaust Fan, Range, Refrigerator
- Laundry: Inside, Laundry Room
Features
- Built-in Features, Ceiling Fan(s), Other, Solid Wood Cabinets
- Flooring: Carpet, Engineered Hardwood, Terrazzo, Tile
- Doors: French Doors
- Windows: Shutters
- Has fireplace: Yes
- Fireplace features: Gas, Outside
Interior area
- Total structure area: 3,858
- Total interior livable area: 2,370 sqft
Property
Parking
- Total spaces: 2
- Parking features: Workshop in Garage
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Rear Porch, Screened
- Has view: Yes
- View description: Water, Lake
- Has water view: Yes
- Water view: Water,Lake
- Waterfront features: Lake Privileges
- Body of water: LAKE STARR
Lot
- Size: 2.42 Acres
- Dimensions: 775 x 175 x 802 x 185
- Features: In County, Sloped
- Residential vegetation: Trees/Landscaped
Details
- Additional structures: Gazebo
- Parcel number: 272914860610001040
- Zoning: RESIDENTIAL LAKEFRONT
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- Fixer
- New construction: No
- Year built: 1955
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Water Available
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Lake Wales
- Subdivision: CRAIG W J RESUB
HOA & financial
HOA
- Has HOA: No
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
- Road surface type: Dirt
Price history
| Date | Event | Price |
|---|---|---|
| 2/28/2024 | Sold | $300,000-14.3%$127/sqft |
Source: | ||
| 1/25/2024 | Pending sale | $350,000$148/sqft |
Source: | ||
| 1/21/2024 | Price change | $350,000+29.6%$148/sqft |
Source: | ||
| 12/13/2017 | Price change | $270,000-1.8%$114/sqft |
Source: EXIT REALTY EXCEL #T2909465 Report a problem | ||
| 11/15/2017 | Price change | $275,000-3.5%$116/sqft |
Source: EXIT REALTY EXCEL #T2909465 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,237 -29.5% | $250,095 -24% |
| 2023 | $4,593 +11.5% | $329,023 +10% |
| 2022 | $4,118 +9.3% | $299,112 +10% |
Find assessor info on the county website
Neighborhood: 33898
Nearby schools
GreatSchools rating
- 2/10Spook Hill Elementary SchoolGrades: PK-5Distance: 3.5 mi
- 1/10Mclaughlin Middle School And Fine Arts AcademyGrades: 6-10Distance: 5 mi
- 3/10Winter Haven Senior High SchoolGrades: 9-12Distance: 8.9 mi
Schools provided by the listing agent
- Elementary: Spook Hill Elem
- Middle: Mclaughlin Middle
- High: Lake Wales Senior High
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$377,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$377,500

