LAKEFRONT PARADISE on Beautiful Lake Josephine! Nestled beneath a majestic canopy of mature oak trees on a breathtaking lot, this beautifully remodeled lakefront showplace offers the perfect blend of luxury, comfort, privacy, and tranquility. Perfectly positioned along the scenic shores of Lake Josephine, this exceptional home captures spectacular sunrise and sunset views while providing a peaceful retreat from the hustle and bustle of everyday life. The thoughtfully designed open floor plan features 3 bedrooms, 2 bathrooms, and expansive living spaces filled with natural light from large windows that showcase stunning water views from nearly every room.The completely renovated interior combines modern upgrades with classic lake house charm. Recent improvements include a new roof,windows siding, HVAC systems, luxury vinyl plank flooring throughout, fresh interior and exterior paint, updated bathrooms, elegant marble and solid-surface countertops, and a beautifully remodeled kitchen featuring granite countertops, abundant cabinetry, stainless steel appliances, and a bright open design ideal for entertaining.The home's living room, family room, dining area, and kitchen flow seamlessly together, creating inviting gathering spaces for family and friends. One of the most remarkable features is the custom artistic etched-glass window overlooking the expansive wraparound glass porch, creating a truly one-of-a-kind focal point while framing breathtaking views of Lake Josephine. The lakeside screened porch is the perfect place to entertain, relax, or simply enjoy the peaceful waterfront setting.The spacious main-level owner's suite offers tremendous flexibility and could easily serve as a private office, study, or be reconfigured to create an additional bedroom if desired. Upstairs you'll find two additional bedrooms and a full bath, including one bedroom featuring a cozy wood burning fireplace and beautiful lake views. The home includes two fireplaces—one upstairs and one downstairs—adding warmth and character throughout.Additional features include central vacuum, a charming country-style screened front porch, a one-car attached garage currently utilized as a hobby shop, a detached two-car garage, and a massive 26' x 34' storage barn/workshop offering endless possibilities for hobbies, storage, a workshop, or the ultimate man cave.Lake Josephine is a premier 1,304-acre recreational lake renowned for exceptional largemouth bass fishing, boating, swimming, and abundant wildlife, including ducks, otters, and other native Florida species. Whether you're searching for a full-time residence, seasonal retreat, vacation home or investment property with vacation rental potential, this remarkable property offers endless possibilities.Enjoy the feeling of a secluded waterfront paradise while remaining conveniently located just minutes from Sebring and the charming resort town of Lake Placid.This is Florida lakefront living at its finest!
For sale
Price cut: $60K (7/20)
$559,900
1502 LAKE JOSEPHINE DRIVE, SEBRING, FL 33875
3beds
2,721sqft
Single Family Residence
Built in 1981
0.56 Acres Lot
$536,000 Zestimate®
$206/sqft
$-- HOA
What's special
Detached two-car garageBreathtaking lotLakefront showplaceCompletely renovated interiorBeautifully remodeled kitchenNew roofGranite countertops
- 86 days
- 524
- 24
Zillow last checked:
Listing updated:
Listed by:
Gregory Karlson 863-381-4932,
ADVANTAGE REALTY 1 863-386-1111
Source: Stellar MLS,MLS#: L4962560
Originating MLS: Lakeland

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 345 Square Feet
- Dimensions: 15x23
Bedroom 2
- Features: Built-in Closet
- Level: Second
- Area: 273 Square Feet
- Dimensions: 21x13
Bedroom 3
- Features: Built-in Closet
- Level: Second
- Area: 120 Square Feet
- Dimensions: 12x10
Bathroom 2
- Level: Second
- Area: 54 Square Feet
- Dimensions: 9x6
Dining room
- Level: First
- Area: 144 Square Feet
- Dimensions: 12x12
Kitchen
- Level: First
- Area: 132 Square Feet
- Dimensions: 11x12
Living room
- Level: First
- Area: 252 Square Feet
- Dimensions: 21x12
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Refrigerator
- Laundry: Inside
Features
- Other
- Flooring: Tile, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 2,821
- Total interior livable area: 2,721 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached
- Attached garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Exterior features: Other
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Privileges, Boat Port, Fishing Pier
- Body of water: LAKE JOSEPHINE
Lot
- Size: 0.56 Acres
- Dimensions: 107 x 229
Details
- Parcel number: C33352902000300270
- Zoning: R1A
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Concrete
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- New construction: No
- Year built: 1981
Utilities & green energy
- Sewer: Septic Tank
- Water: See Remarks
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: LAKE JOSEPHINE SUB
HOA
- Has HOA: No
Location
- Region: Sebring
Financial & listing details
- Price per square foot: $206/sqft
- Tax assessed value: $290,040
- Annual tax amount: $4,141
- Date on market: 6/8/2026
- Cumulative days on market: 50 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$536,000
$509,000 - $563,000
$2,341/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/20/2026 | Price change | $499,900-10.7%$184/sqft |
Source: HFMLS #325750 Report a problem | ||
| 6/3/2026 | Listed for sale | $559,900+159.2%$206/sqft |
Source: HFMLS #325750 Report a problem | ||
| 7/15/2019 | Sold | $216,000-5.7%$79/sqft |
Source: Public Record Report a problem | ||
| 6/1/2019 | Pending sale | $229,000$84/sqft |
Source: RE/MAX REALTY PLUS II #263534 Report a problem | ||
| 5/1/2019 | Price change | $229,000-8%$84/sqft |
Source: RE/MAX REALTY PLUS II #263534 Report a problem | ||
| 2/3/2019 | Price change | $249,000-6%$92/sqft |
Source: SUN N LAKE REALTY #248195 Report a problem | ||
| 6/19/2018 | Price change | $265,000-5%$97/sqft |
Source: Sun N Lake Realty #248195 Report a problem | ||
| 3/15/2018 | Price change | $279,000-6.7%$103/sqft |
Source: BAR INVEST REALTY LLC #O5568277 Report a problem | ||
| 3/12/2018 | Price change | $299,000+7.2%$110/sqft |
Source: BAR INVEST REALTY LLC #O5568277 Report a problem | ||
| 3/11/2018 | Price change | $279,000-6.7%$103/sqft |
Source: Owner Report a problem | ||
| 2/9/2018 | Listed for sale | $299,000$110/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,141 +7.8% | $290,040 +6.4% |
| 2024 | $3,841 -2% | $272,528 -12.1% |
| 2023 | $3,921 +8.2% | $310,152 +13.5% |
| 2022 | $3,623 +14.9% | $273,257 +42.1% |
| 2021 | $3,154 +2.5% | $192,358 +2.5% |
| 2020 | $3,079 | $187,596 +8.3% |
| 2019 | $3,079 +7.4% | $173,238 -7.7% |
| 2018 | $2,867 -8.6% | $187,763 +14.5% |
| 2017 | $3,136 +1483.8% | $164,014 +2.1% |
| 2016 | $198 | $160,641 +0.7% |
| 2015 | $198 +27.7% | $159,524 |
| 2014 | $155 | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment









