1. Florida
  2. Lake Wales
  3. 130 MASTERPIECE ROAD
$420,000

130 MASTERPIECE ROAD, Lake Wales, FL 33898

  • 5 beds |
  • 5 baths |
  • 2,374 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1922
  • Property Lot Size Icon0.36acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $177/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

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.

Listing Status:
Active
Date Added:
June 20, 2025 at 05:00AM
Listing Office:
EXP REALTY LLC : 407-375-9142
Listing Agent:
Daniel Betancourt : 407-375-9142
MLS ID:
O6319957
  • General: Ceiling Fan(s)Solid Wood Cabinets
  • Rooms: AtticBonus RoomFamily RoomInside UtilityInterior In-Law Suite w/Private EntryLoft
  • Appliances: DishwasherRangeRange HoodRefrigerator
  • Laundry: InsideLaundry Room
  • Flooring: Ceramic TileHardwood
  • A/C: Central Air
  • Heating: CentralElectric
  • Fireplace: Wood BurningFireplace

This listing courtesy of Daniel Betancourt, EXP REALTY LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

Janie Howard Wilson School

306 Florida Ave, Lake Wales, FL, 33853

Grades PK-5

2.85 miles away

V

Victory Ridge Academy

501 Burns Ave, Lake Wales, FL, 33853

Grades PK-12

3.10 miles away

L

Lake Wales Senior High School

1 Highlander Way, Lake Wales, FL, 33853

Grades 9-12

3.01 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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