An exceptional 16-acre development opportunity in the high-growth Babson Park/Lake Wales area! Positioned in a rapidly expanding region, this property is currently zoned Agricultural/Rural Residential (ARRX) with a future land use designation of Residential Medium (RM) or Residential High (RH), making it ideal for residential development such as single-family homes, townhomes, or multi-family units. Strategically located near major roads, schools, and shopping, this site benefits from strong residential demand and increasing property values. A 4-acre adjacent lot at the corner of Freedlander & Lewis Griffin is also available, offering additional institutional zoning flexibility. The property has utilities available, with a Lake Wales Water Capacity Exchange agreement in place to access the main water line. The topography is mostly level, and the land is located in Flood Zone X, minimizing flood risk. Polk County continues to experience rapid growth, with 82+ new residents per day, fueling high housing demand and increasing property values. The median home price has risen 9.8% year-over-year, reflecting the area's strong real estate market. The site is conveniently located near US-27 and I-4, with easy access to shopping centers, schools, and medical facilities. This is a prime location for builders, developers, and investors seeking to capitalize on Central Florida’s booming housing market.
Lot/land
$729,000
Lewis Griffin Rd, Babson Park, FL 33827
--beds
0baths
15.23Acres
Unimproved Land
Built in ----
15.23 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 391 days |
- 23 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: August 07, 2025 at 11:05am
Listing Provided by:
Daryl Ash, II 863-934-1548,
KELLER WILLIAMS REALTY SMART 863-577-1234,
Gate Arty 863-529-3222,
KELLER WILLIAMS REALTY SMART
Source: Stellar MLS,MLS#: L4950578
Originating MLS: Lakeland

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 15.23 Acres
- Dimensions: 1035 x 641
Details
- Additional parcels included: 28-30-17-000000-043060
- Parcel number: 283017000000043050
- Zoning: RC
- Special conditions: None
Utilities & green energy
- Sewer: None
- Water: Well
- Utilities for property: Other
Community & HOA
HOA
- Pet fee: $0 monthly
Location
- Region: Babson Park
Financial & listing details
- Tax assessed value: $160,220
- Annual tax amount: $2,074
- Date on market: 2/6/2025
- Cumulative days on market: 310 days
- Listing terms: Cash,Conventional,Other,Owner May Carry,USDA Loan
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Unimproved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/24/2025 | Price change | $729,000-2.8% |
Source: | ||
| 2/7/2025 | Listed for sale | $749,900 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,074 +2% | $160,220 +3.3% |
| 2023 | $2,034 +185.5% | $155,040 +262.8% |
| 2022 | $712 +25.4% | $42,730 +10% |
| 2021 | $568 +6.8% | $38,845 +10% |
| 2020 | $532 +2.1% | $35,314 +10% |
| 2019 | $521 | $32,104 -19.1% |
| 2018 | $521 +6.2% | $39,664 +49.5% |
| 2017 | $491 +37.7% | $26,532 +10% |
| 2016 | $357 -20.2% | $24,120 -18.2% |
| 2015 | $447 +4% | $29,480 |
| 2014 | $429 | $29,480 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Neighborhood: 33827
Nearby schools
GreatSchools rating
- 3/10Ben Hill Griffin Jr Elementary SchoolGrades: PK-5Distance: 7.4 mi
- 1/10Mclaughlin Middle School And Fine Arts AcademyGrades: 6-10Distance: 2.6 mi
- 3/10Frostproof Middle/Senior High SchoolGrades: 6-12Distance: 7.6 mi
Schools provided by the listing agent
- Elementary: Bartow Elem Academy
- Middle: Union Academy Magnet
- High: Frostproof Middle - 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.
Local experts in 33827
- Florida
- Polk County
- Lake Wales
- 33827
- Lewis Griffin Rd




