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Sold for $50,000
  • $50,000

    2586 CEDARWOOD DRIVE, LAKE WALES, FL 33898

    3beds
    1,433sqft
    Single Family Residence
    Built in 2022
    0.51 Acres Lot
    $295,300 Zestimate®
    $35/sqft
    $1,884 Estimated rent

    Home value

    $295,300

    $275,000 - $316,000

    $1,884/mo

    Zestimate® history
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    $1,884/mo

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    $276/mo

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    $276/mo

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    What's special

    Erected metal stud framingPartial roof
    MOTIVATED SELLER – MUST SELL! The home is being sold AS IS and is currently incomplete! The existing structure consists of a completed concrete foundation, erected metal stud framing, and a partial roof, with no interior, mechanical, or utility systems installed. A great opportunity for investors, builders, or buyers seeking to customize their dream property. Survey and plans available. Located in the quiet, rural community of Walk-In-Water Lake Estates, this property offers a unique opportunity to finish a new construction home on over half an acre of land. Walk-In-Water Lake Estates is a peaceful community near Lake Walk-In-Water, known for its boating, fishing, and serene country setting. Just a short drive to shopping, dining, and local attractions, this area is ideal for those looking to enjoy Florida living away from the crowds. Please note: This is an active construction site. Enter at your own risk. A signed waiver is required for showings. Buyer to verify all permitting and construction requirements. Don’t miss this rare chance to own and complete a home in a growing area with motivated sellers ready to make a deal!

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa Kohan 239-272-5901,

    MARZUCCO REAL ESTATE 239-776-5194

    Bought with:

    Katherine Douville, 3090387

    CHARLES RUTENBERG REALTY INC

    Source: Stellar MLS,MLS#: TB8409031MLS LogoOriginating MLS: Suncoast Tampa

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    Primary bathroom
    • Level: First
    Bathroom 2
    • Level: First
    Dining room
    • Level: First
    Great room
    • Level: First
    Kitchen
    • Level: First
    Heating
    • None
    Cooling
    • None
    Appliances
    • Included: None
    • Laundry: None
    Features
    • None
    • Flooring: Other
    • Has fireplace: No
    Interior area
    • Total structure area: 1,588
    • Total interior livable area: 1,433 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Other
    Lot
    • Size: 0.51 Acres
    Details
    • Parcel number: 293029992920018090
    • Special conditions: Real Estate Owned

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Metal Frame
    • Foundation: Slab
    • Roof: Concrete
    Condition
    • Fixer
    • New construction: Yes
    • Year built: 2022

    Utilities & green energy

    • Sewer: Septic Needed
    • Water: Well Required
    • Utilities for property: Electricity Available

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: WALK IN THE WATER LAKE ESTS PHASE 03
    HOA
    • Has HOA: Yes
    Location
    • Region: Lake Wales

    Financial & listing details

    • Price per square foot: $35/sqft
    • Tax assessed value: $30,000
    • Annual tax amount: $211
    • Date on market: 7/21/2025
    • Cumulative days on market: 8 days
    • Listing terms: Cash
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/18/2025Sold$50,000-35.7%$35/sqft
    Source: Stellar MLS #TB8409031 Report a problem
    2/7/2025Sold$77,800+718.9%$54/sqft
    Source: Public Record Report a problem
    7/8/2021Sold$9,500$7/sqft
    Source: Public Record Report a problem
    12/16/2019Sold$9,500+46.2%$7/sqft
    Source: Public Record Report a problem
    2/4/2002Sold$6,500$5/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$281 +36%$15,972 +10%
    2024$207 +14.6%$14,520 +10%
    2023$181 +13.2%$13,200 +10%
    2022$159 +62.1%$12,000 +69%
    2021$98 +3.5%$7,100 +4.4%
    2020$95 -2.9%$6,800
    2019$98 -2.3%$6,800 +4.6%
    2018$100 +3.4%$6,500 -23.5%
    2017$97 -22.9%$8,500
    2016$126 +2.3%$8,500 +4.9%
    2015$123 +2.8%$8,100
    2014$119 -0.3%$8,100 +5.2%
    2013$120 +0.9%$7,700
    2012$119 -6.1%$7,700 -4.9%
    2011$126 -6.6%$8,100 -4.7%
    2010$135 -59%$8,500 -56.4%
    2009$330 -12.7%$19,500 -18.8%
    2008$378 $24,000
    2007-- --
    2006$531 --
    2005-- --
    2004$109 --
    2003$109 -2.4%$6,500
    2002$111 -4.4%$6,500 -4.4%
    2001$117 $6,800
    Find assessor info on the county website

    Neighborhood: 33898

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $295,300
    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
    $295,300