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Sold for $340,000
  • $340,000

    8881 CYPRESSWOOD DRIVE, LAKE WALES, FL 33898

    3beds
    1,534sqft
    Single Family Residence
    Built in 1991
    0.87 Acres Lot
    $340,800 Zestimate®
    $222/sqft
    $2,150 Estimated rent

    Home value

    $340,800

    $314,000 - $371,000

    $2,150/mo

    Zestimate® history
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    What's special

    Screened poolFull rv hookupPool homeLarge parcelsFenced in yard
    Welcome to 8881 Cypresswood, Lake Wales — a rare opportunity to own a 3-bedroom, 2-bath, 3-car garage pool home set on nearly one full acre in the sought-after Walk-in-The-Water Lake Estates. This property delivers space, privacy, and true Florida lifestyle living. You will enjoy the outbuilding, fenced in yard, FULL RV hookup and Gardens in place. OWNERS ARE OFFERING A BRAND NEW SHINGLE ROOF, BRING YOUR INTEREST TODAY AND GET TO PICK YOUR FAVORITE COLOR! Surrounded by nature and mature landscaping, this home offers a peaceful retreat with room to breathe, grow, and enjoy. The screened pool is the heart of the property—perfect for entertaining, relaxing, or soaking up the Florida sun year-round. The amazing 3-car garage provides exceptional storage for vehicles, boats, golf carts, or hobbies rarely found in homes of this size. Located in one of Lake Wales’ most desirable lake communities, Walk-On-The-Water Lake Estates is known for its large parcels, custom homes, and access to one of Central Florida’s premier lakes—a favorite for boating, fishing, kayaking, and sunset views. This is old Florida charm with room to live, not cookie-cutter living. Why Lake Wales? Lake Wales offers a laid-back lifestyle with modern convenience—home to the iconic Bok Tower Gardens, scenic lakes, nature preserves, and a charming downtown. Enjoy easy access to Orlando, Tampa, and major airports and highways, while still benefiting from lower density living, lower stress, and exceptional outdoor recreation. This property is ideal for buyers seeking: Privacy without isolation Land without HOA congestion A pool home with flexibility and future potential A strong lifestyle investment in a growing Central Florida area Homes on acreage with a pool in this community are limited—this is a standout opportunity. Schedule your private showing and experience the space, serenity, and lifestyle that make this property special.

    Zillow last checked:

    Listing updated:

    Listed by:

    Audrey Smith PA 941-457-9636,

    KELLER WILLIAMS ISLAND LIFE REAL ESTATE 941-254-6467

    Bought with:

    Audrey Smith PA, 3208134

    KELLER WILLIAMS ISLAND LIFE REAL ESTATE

    Source: Stellar MLS,MLS#: D6145577MLS LogoOriginating MLS: Venice

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    • Area: 143 Square Feet
    • Dimensions: 13x11
    Bedroom 2
    • Features: Walk-In Closet(s)
    • Level: First
    • Area: 143 Square Feet
    • Dimensions: 13x11
    Bedroom 3
    • Features: Walk-In Closet(s)
    • Level: First
    • Area: 120 Square Feet
    • Dimensions: 12x10
    Kitchen
    • Level: First
    • Area: 150 Square Feet
    • Dimensions: 15x10
    Living room
    • Level: First
    • Area: 286 Square Feet
    • Dimensions: 22x13
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
    • Laundry: In Garage
    Features
    • Open Floorplan, Other, Split Bedroom, Thermostat
    • Flooring: Carpet, Luxury Vinyl
    • Windows: Window Treatments
    • Has fireplace: No
    Interior area
    • Total structure area: 2,155
    • Total interior livable area: 1,534 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Attached
    • Attached garage spaces: 3
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Garden, Irrigation System, Lighting, Other, Private Yard, RV Hookup
    • Has private pool: Yes
    • Pool features: In Ground, Screen Enclosure
    • On waterfront: Yes
    • Waterfront features: Lake, Waterfront, Boat Ramp - Private
    Lot
    • Size: 0.87 Acres
    Details
    • Parcel number: 293029992880011040
    • Zoning: PUD
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block
    • Foundation: Block
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1991

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected

    Community & HOA

    Community
    • Features: Lake, Private Boat Ramp, Water Access, Waterfront, Clubhouse
    • Pet fee: $0 monthly
    • Subdivision: WALK IN WATER LAKE ESTATES PH 03
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Other
    • HOA fee: $14 monthly
    • HOA name: DEBBIE GREEN
    • HOA phone: 954-249-3650
    Location
    • Region: Lake Wales

    Financial & listing details

    • Price per square foot: $222/sqft
    • Tax assessed value: $245,214
    • Annual tax amount: $1,825
    • Date on market: 1/17/2026
    • Cumulative days on market: 16 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    3/6/2026Sold$340,000-2.8%$222/sqft
    Source: Stellar MLS #D6145577 Report a problem
    2/3/2026Pending sale$349,900$228/sqft
    Source: Stellar MLS #D6145577 Report a problem
    1/17/2026Listed for sale$349,900+1.4%$228/sqft
    Source: Stellar MLS #D6145577 Report a problem
    10/5/2025Listing removed$345,000$225/sqft
    Source: Stellar MLS #P4930707 Report a problem
    9/9/2025Price change$345,000-3.4%$225/sqft
    Source: Stellar MLS #P4930707 Report a problem
    8/9/2025Price change$357,000-0.1%$233/sqft
    Source: Stellar MLS #P4930707 Report a problem
    7/25/2025Price change$357,500-0.1%$233/sqft
    Source: Stellar MLS #P4930707 Report a problem
    6/26/2025Price change$358,000-0.3%$233/sqft
    Source: Stellar MLS #P4930707 Report a problem
    4/17/2025Price change$359,000-1.6%$234/sqft
    Source: Stellar MLS #P4930707 Report a problem
    4/2/2025Price change$365,000-1.4%$238/sqft
    Source: Stellar MLS #P4930707 Report a problem
    3/19/2025Price change$370,000-1.3%$241/sqft
    Source: Stellar MLS #P4930707 Report a problem
    2/28/2025Price change$375,000-3.7%$244/sqft
    Source: Stellar MLS #P4930707 Report a problem
    2/25/2025Price change$389,400-0.3%$254/sqft
    Source: Stellar MLS #P4930707 Report a problem
    2/14/2025Price change$390,400-2%$254/sqft
    Source: Stellar MLS #P4930707 Report a problem
    2/12/2025Price change$398,400-0.1%$260/sqft
    Source: Stellar MLS #P4930707 Report a problem
    2/4/2025Price change$398,900-0.3%$260/sqft
    Source: Stellar MLS #P4930707 Report a problem
    10/23/2024Price change$399,900-4.8%$261/sqft
    Source: Stellar MLS #P4930707 Report a problem
    9/25/2024Price change$420,000-1.2%$274/sqft
    Source: Stellar MLS #P4930707 Report a problem
    9/11/2024Price change$425,000-3.4%$277/sqft
    Source: Stellar MLS #P4930707 Report a problem
    6/28/2024Price change$439,900-2.2%$287/sqft
    Source: Stellar MLS #P4930707 Report a problem
    6/7/2024Listed for sale$450,000+363.9%$293/sqft
    Source: Stellar MLS #P4930707 Report a problem
    10/24/2013Sold$97,000-1.9%$63/sqft
    Source: Public Record Report a problem
    8/2/2013Price change$98,900-5.7%$64/sqft
    Source: Coldwell Banker Residential Real Estate - Winter Haven #P4623584 Report a problem
    6/28/2013Price change$104,900-4.5%$68/sqft
    Source: Coldwell Banker Residential Real Estate - Winter Haven #P4623584 Report a problem
    6/27/2013Listed for sale$109,900$72/sqft
    Source: Homepath #P4623584 Report a problem
    3/16/2013Listing removed$109,900-48.9%$72/sqft
    Source: Coldwell Banker Residential Real Estate - Winter Haven #P4623584 Report a problem
    9/5/2007Sold$215,000+207.1%$140/sqft
    Source: Public Record Report a problem
    9/26/1997Sold$70,000$46/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,059 +3.8%$121,809 +2.9%
    2024$1,020 +3.2%$118,376 +3%
    2023$989 +3.4%$114,928 +3%
    2022$956 +0.2%$111,581 +3%
    2021$954 +1.2%$108,331 +1.4%
    2020$943 +0.7%$106,835 +2.3%
    2019$936 -30.8%$104,433 +1.9%
    2018$1,352 +2.9%$102,486 +2.1%
    2017$1,314 +48.6%$100,378 +2.1%
    2016$884 -1.8%$98,313 +0.7%
    2015$901 -22.8%$97,630 +0.8%
    2014$1,167 -30.3%$96,855 -10%
    2013$1,675 +2.7%$107,638 +1.8%
    2012$1,630 -7%$105,690 -5.9%
    2011$1,752 +40.8%$112,263 -3.2%
    2010$1,244 -34.1%$115,917 -22.9%
    2009$1,886 -14.8%$150,252 -15.8%
    2008$2,215 $178,439
    2007-- --
    2006$1,357 --
    2005-- --
    2004$1,186 +2.6%--
    2003$1,156 +0.9%$94,074 +2.4%
    2002$1,147 +2.2%$91,869 +1.6%
    2001$1,122 $90,422
    Find assessor info on the county website

    Neighborhood: 33898

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    Estimated market value
    $340,800
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    Estimated market value
    $340,800