$420,000
130 MASTERPIECE ROAD
LAKE WALES, FL, 33898
Discover the versatility and income potential of this unique 5-bedroom, 5-bathroom lakefront home on peaceful Lake Starr. Spanning across multiple living areas, the property includes a detached 1-bedroom, 1-bath guest house with lake views, full kitchen, and living space—currently tenant-occupied for rental income. The main residence is thoughtfully divided into flexible sections, perfect for multigenerational living or investment opportunities. A private in-law suite with its own entrance, full bath, and kitchenette is connected to the home— also currently tenant-occupied for rental income., while an additional bedroom also features its own separate entrance, kitchenette, and private bath—ideal for rental or guest use. The main living area includes 3 bedrooms, 3 full bathrooms, an oversized living room, and a bonus room that can serve as a home office, playroom, or extra bedroom. Enjoy tranquil lakefront living with direct access to Lake Starr—ideal for paddleboarding, kayaking, fishing, and canoeing. Located just north of Downtown Lake Wales, this home is close to US-27, offering quick commutes to nearby cities and attractions. With its multi-unit setup, serene views, and flexible layout, this property is perfect for homeowners seeking passive income, investors, or families needing space and privacy.
Property Details
Price:
$420,000
MLS #:
O6319957
Status:
Active
Beds:
5
Baths:
5
Address:
130 MASTERPIECE ROAD
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
MASON VILLA
Neighborhood:
33898 – Lake Wales
City:
LAKE WALES
Listed Date:
Jun 20, 2025
State:
FL
Finished Sq Ft:
2,374
Total Sq Ft:
3,047
ZIP:
33898
Lot Size:
15,533 sqft / 0.36 acres (approx)
Year Built:
1922
Schools
Elementary School:
Janie Howard Wilson Elem
Middle School:
Mclaughlin Middle
High School:
Lake Wales Senior High
Interior
Appliances
Dishwasher, Range, Range Hood, Refrigerator
Bathrooms
5 Full Bathrooms
Cooling
Central Air
Flooring
Ceramic Tile, Hardwood
Heating
Central, Electric
Laundry Features
Inside, Laundry Room
Exterior
Construction Materials
Vinyl Siding, Wood Frame
Exterior Features
Lighting, Storage
Other Structures
Guest House, Shed(s), Storage
Roof
Metal
Financial
Tax Year
2024
Taxes
$2,298
Mortgage Calculator
Map
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130 MASTERPIECE ROAD
LAKE WALES, FL
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