Skip main navigation
For salePrice cut: $5K (6/5)
$265,000
2beds
1,364sqft

4742 CYPRESS DRIVE, LAKE WALES, FL 33898

2beds
1,364sqft
Single family residence
Built in 1976
0.30 Acres
1 Attached garage space
$194 price/sqft

What's special

Updated seawallExtra-large corner lot

Enjoy true Florida waterfront living at 4742 Cypress Dr in Lake Wales. Available fully furnished. This home sits on a canal with direct access to Lake Pierce, a 3,700-acre Old Florida lake known for peaceful views and excellent bass and speck fishing. An updated seawall, covered dock with two boat slips, and quick access to the open lake make this a great spot for boating and relaxing by the water. The extra-large corner lot offers plenty of room for boats, RVs, or trailers, plus a rear concrete driveway backing directly to the canal and a storage shed for fishing gear, kayaks, and outdoor toys. Inside, the home features a bright Florida room with a new mini-split, an open living and dining area, and a kitchen with stainless steel appliances and breakfast bar. Recent updates include a new roof on the home and shed (2022) and a central A/C replaced in 2018. With a public boat ramp about a mile away, this home is perfect as a full-time residence, seasonal getaway, or weekend lake escape. Available fully furnished.

211 days
|
462
|
14
|
Source: Stellar MLS,MLS#: L4959042MLS LogoOriginating MLS: East Polk
Travel times

Family Room

Kitchen

Bathroom

Zillow last checked:

Listing updated:

Listed by:

Sam Daniels 863-412-8218,

KELLER WILLIAMS REALTY SMART 1 863-508-3000

Source: Stellar MLS,MLS#: L4959042MLS LogoOriginating MLS: East Polk

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
Primary bedroom
  • Features: Built-in Closet
  • Level: First
  • Area: 189.08 Square Feet
  • Dimensions: 16.3x11.6
Bedroom 1
  • Features: Built-in Closet
  • Level: First
  • Area: 141.45 Square Feet
  • Dimensions: 12.3x11.5
Bathroom 1
  • Level: First
  • Area: 36.97 Square Feet
  • Dimensions: 5.2x7.11
Dining room
  • Level: First
  • Area: 112.52 Square Feet
  • Dimensions: 9.7x11.6
Kitchen
  • Level: First
  • Area: 133.4 Square Feet
  • Dimensions: 11.5x11.6
Living room
  • Level: First
  • Area: 282.72 Square Feet
  • Dimensions: 18.6x15.2
Heating
  • Central
Cooling
  • Central Air, Ductless
Appliances
  • Included: Dishwasher, Microwave, Range, Refrigerator
  • Laundry: In Garage
Features
  • Ceiling Fan(s), Thermostat
  • Flooring: Carpet, Luxury Vinyl
  • Windows: Window Treatments
  • Has fireplace: No
Interior area
  • Total structure area: 1,700
  • Total interior livable area: 1,364 sqft
Video & virtual tour

Property

Parking
  • Total spaces: 1
  • Parking features: Garage - Attached
  • Attached garage spaces: 1
Features
  • Levels: One
  • Stories: 1
  • Exterior features: Lighting, Other
  • Has view: Yes
  • View description: Canal
  • Has water view: Yes
  • Water view: Canal
  • Waterfront features: Canal - Freshwater, Freshwater Canal Access, Seawall
Lot
  • Size: 0.3 Acres
  • Dimensions: 88 x 125
Details
  • Additional structures: Boat House
  • Parcel number: 282908936670000220
  • Zoning: R-1
  • Special conditions: None

Construction

Type & style
  • Home type: SingleFamily
  • Property subtype: Single Family Residence
Materials
  • Block
  • Foundation: Slab
  • Roof: Shingle
Condition
  • New construction: No
  • Year built: 1976

Utilities & green energy

  • Sewer: Septic Tank
  • Water: Public
  • Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected

Community & HOA

Community
  • Pet fee: $0 monthly
  • Subdivision: PALM ACRES SUB
HOA
  • Has HOA: No
Location
  • Region: Lake Wales

Financial & listing details

  • Price per square foot: $194/sqft
  • Tax assessed value: $201,369
  • Annual tax amount: $3,373
  • Date on market: 1/30/2026
  • Cumulative days on market: 210 days
  • Listing terms: Cash,FHA,USDA Loan,VA Loan
  • Ownership: Fee Simple
  • Total actual rent: 0
  • Electric utility on property: Yes
  • Road surface type: Paved

Price history

DateEventPrice
6/5/2026Price change$265,000-1.9%$194/sqft
Source: Stellar MLS #L4959042 Report a problem
4/21/2026Price change$270,000-1.8%$198/sqft
Source: Stellar MLS #L4959042 Report a problem
3/17/2026Price change$275,000-1.8%$202/sqft
Source: Stellar MLS #L4959042 Report a problem
2/19/2026Price change$280,000-6.7%$205/sqft
Source: Stellar MLS #L4959042 Report a problem
1/30/2026Listed for sale$300,000+17.7%$220/sqft
Source: Stellar MLS #L4959042 Report a problem
10/12/2024Listing removed$254,900+6.2%$187/sqft
Source: Stellar MLS #P4917387 Report a problem
10/12/2023Listing removed--
Source: Stellar MLS #P4917387 Report a problem
10/14/2021Sold$240,000-5.8%$176/sqft
Source: Public Record Report a problem
9/22/2021Pending sale$254,900$187/sqft
Source: Stellar MLS #P4917387 Report a problem
9/17/2021Price change$254,900-1.9%$187/sqft
Source: Stellar MLS #P4917387 Report a problem
9/12/2021Listed for sale$259,900+97.2%$191/sqft
Source: Stellar MLS #P4917387 Report a problem
7/28/2017Sold$131,800-0.5%$97/sqft
Source: Public Record Report a problem
6/14/2017Price change$132,500-2.2%$97/sqft
Source: LIKE IT REALTY #A4177765 Report a problem
5/29/2017Price change$135,500-1.5%$99/sqft
Source: LIKE IT REALTY #A4177765 Report a problem
5/12/2017Listed for sale$137,500+14.6%$101/sqft
Source: LIKE IT REALTY #A4177765 Report a problem
12/9/2016Listing removed$120,000$88/sqft
Source: BY DESIGN REAL ESTATE SERVICES #P4713034 Report a problem
11/15/2016Pending sale$120,000$88/sqft
Source: BY DESIGN REAL ESTATE SERVICES #P4713034 Report a problem
11/14/2016Listed for sale$120,000-11.1%$88/sqft
Source: BY DESIGN REAL ESTATE SERVICES #P4713034 Report a problem
1/26/2016Listing removed$135,000$99/sqft
Source: BY DESIGN REAL ESTATE SERVICES #P4707529 Report a problem
10/19/2015Listed for sale$135,000+119.5%$99/sqft
Source: BY DESIGN REAL ESTATE SERVICES #P4707529 Report a problem
11/28/1995Sold$61,500$45/sqft
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax assessment
2025$2,613 -3.1%$201,369 -3%
2024$2,696 +1.4%$207,699 +6.3%
2023$2,660 +12.7%$195,405 +10%
2022$2,360 +25.7%$177,641 +31.1%
2021$1,877 +2.3%$135,454 +3.2%
2020$1,834 +3.7%$131,263 +6.8%
2019$1,769 -18.9%$122,910 +7.3%
2018$2,183 +5.9%$114,596 +40.6%
2017$2,061 +91.9%$81,533 +12.3%
2016$1,074 -15.2%$72,633 -6%
2015$1,266 +248.9%$77,251 +10%
2014$363 -63.5%$70,228 +10%
2013$993 -12.8%$63,844 -13.6%
2012$1,139 -12.8%$73,889 -11.8%
2011$1,307 -4%$83,771 -2.1%
2010$1,361 -20.1%$85,536 -15%
2009$1,703 +201.3%$100,625 +37%
2008$565 $73,466
2007-- --
2006$756 --
2005-- --
2004$650 -0.8%--
2003$655 +5.7%$64,642 +4.9%
2002$620 +2.8%$61,647 +1.6%
2001$603 $60,676

Find assessor info on the county website

Monthly payment

Est. payment
$1,690/mo
Principal & interest
$1350
Property taxes
$340
More affordability toolsChevron Right

Estimated market value

Not available

Estimated sales range

Not available

Not available

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 33898

Nearby schools

Sandhill Elementary School
Grades PK-5 • 5.3 miles
2/10
GreatSchools® Rating
Test Score Rating
2/10
Student Progress Rating
1/10
Mclaughlin Middle School And Fine Arts Academy
Grades 6-11 • 6.3 miles
2/10
GreatSchools® Rating
Test Score Rating
2/10
Student Progress Rating
1/10
Winter Haven Senior High School
Grades 9-12 • 11.3 miles
3/10
GreatSchools® Rating
Test Score Rating
4/10
College Readiness Rating
3/10
Student Progress Rating
3/10

      Nearby cities

      Nearby zip codes

      Other Lake Wales Topics

        Search
        Updates
        Favorites
        Plan
        Inbox