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Off market
  • $553,700

    548 Masterpiece Rd, Lake Wales, FL 33898

    5beds
    3,813sqft
    SingleFamily
    Built in 1956
    1.98 Acres Lot
    $553,700 Zestimate®
    $145/sqft
    $2,742 Estimated rent

    Home value

    $553,700

    $493,000 - $626,000

    $2,742/mo

    Zestimate® history
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    $3,642/mo

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    What's special

    SPACIOUS LAKEFRONT HOME with additional living space to use as in-law suite or rental for extra income. Situated on beautiful Starr Lake with nearly 2 acres where you will enjoy solitude with panoramic view of the lake. The open floor plan offers large rooms with lots of windows that allow cool lake breezes and enjoyment our beautiful Central Florida weather. The lakefront living / dining room combo is opens to a large patio and is convenient to the kitchen. The family room is adjacent to the wide open kitchen space that has stainless appliances and an island with bar top eating space. This home is a great place for large gatherings with family and friends. The master suite, two bedrooms, two full baths and a large screen room complete the main house. A detached two bdrm. apartment with living/dining and full kitchen sits above the double carport. Call today to arrange to see this spacious lakefront home.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Heat pump, Radiant, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Inside Utility, Smoke Alarm(S), Washer/Dryer Hookup, Unfurnished, Storage Room
    • Flooring: Tile, Carpet
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total interior livable area: 3,813 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Carport, Garage
    Features
    • Exterior features: Stucco
    • Has spa: Yes
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 1.98 Acres
    Details
    • Parcel number: 272914860610001030

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    Materials
    • masonry
    • Foundation: Slab
    • Roof: Metal
    Condition
    • Year built: 1956

    Utilities & green energy

    • Utilities for property: Electric, Septic, BB/HS Internet Avail, Well

    Community & neighborhood

    Location
    • Region: Lake Wales

    Other

    Other facts
    • Air Conditioning: Wall Units/Window
    • Appliances Included: Hot Water Electric
    • Exterior Construction: Block, Siding
    • Financing Available: Cash, Conventional
    • Foundation: Slab, Stem Wall
    • Heatingand Fuel: Central, Wall Units / Window Unit
    • Interior Features: Inside Utility, Smoke Alarm(S), Washer/Dryer Hookup, Unfurnished, Storage Room
    • Interior Layout: Eating Space In Kitchen, Open Floor Plan, Kitchen/Family Room Combo, Master Bedroom Downstairs
    • Kitchen Features: Island, Breakfast Bar
    • Listing Type: Exclusive Right to Sell
    • Location: In County
    • Ownership: Fee Simple
    • Property Type: Residential
    • Roof: Shingle
    • Status: Active
    • Utilities: Electric, Septic, BB/HS Internet Avail, Well
    • Special Listing Type: Not Applicable
    • Square Foot Source: Public Records
    • Property Description: Two Story, Detached
    • Property Style: Single Family Home
    • Exterior Features: Mature Landscaping, Outdoor Lights, Storage, Gutters / Downspouts, Screen/Covered Enclosure, Detached In-Law Apt, Rental Apartment
    • Last Status: Temporarily Off-Market
    • Additional Rooms: Florida Room, Inlaw / Rental Apartment
    • Master Bath Features: Tub With Shower
    • Garage Carport: Under Building Parking
    • Last Change Type: Price Decrease
    • Garage Features: Drive Space, Parking Pad, Covered Parking
    • Water Access: Lake
    • Water Extras: Skiing Allowed
    • Architectural Style: Other
    • Office Primary Board ID: Lake Wales
    • Minimum Lease: No Minimum
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/17/2017Sold$225,000-5.9%$59/sqft
    Source: Public Record Report a problem
    6/8/2017Price change$239,000-4%$63/sqft
    Source: LEGACY REAL ESTATE CENTER INC #K4701195 Report a problem
    4/25/2017Listed for sale$249,000$65/sqft
    Source: LEGACY REAL ESTATE CENTER INC #K4701195 Report a problem
    2/2/2017Listing removed$249,000$65/sqft
    Source: LEGACY REAL ESTATE CENTER INC #K4701195 Report a problem
    11/18/2016Price change$249,000-7.4%$65/sqft
    Source: LEGACY REAL ESTATE CENTER INC #K4701195 Report a problem
    10/10/2016Listed for sale$269,000+19.6%$71/sqft
    Source: LEGACY REAL ESTATE CENTER INC #K4701195 Report a problem
    3/28/2013Listing removed$1,450
    Source: Legacy Leasing Services Inc. Report a problem
    2/26/2013Listed for rent$1,450
    Source: Legacy Leasing Services Inc. Report a problem
    2/13/2013Listing removed$224,900$59/sqft
    Source: Owner Report a problem
    12/15/2012Listed for sale$224,900+172.6%$59/sqft
    Source: Owner Report a problem
    1/19/2011Sold$82,500$22/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,572 +136.5%$430,951 +94.3%
    2024$2,356 +2.2%$221,800 +3%
    2023$2,304 +2.4%$215,340 +3%
    2022$2,251 -0.6%$209,068 +3%
    2021$2,265 +0.8%$202,979 +1.4%
    2020$2,247 -0.1%$200,177 +2.3%
    2019$2,249 -15.5%$195,676 +1.9%
    2018$2,663 +1.7%$192,027 -17.6%
    2017$2,617 -28%$233,116 +10%
    2016$3,633 +2.8%$211,924 +10%
    2015$3,535 +4.1%$192,658 +10%
    2014$3,395 +26%$175,144 +10%
    2013$2,694 +22.9%$159,222 +11.8%
    2012$2,192 -5.6%$142,475 -4.5%
    2011$2,321 -5.6%$149,156 -3.8%
    2010$2,459 -22.8%$155,070 -17.9%
    2009$3,186 $188,863 +51.6%
    2008-- $124,550
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    2003$1,385 +0.7%$109,128 +2.4%
    2002$1,375 +1.5%$106,570 +1.6%
    2001$1,355 $104,892

    Find assessor info on the county website

    Neighborhood: 33898

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $553,700
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    Estimated market value
    $553,700