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$369,990

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 5 Full Baths
  • 2,154 Sq. Ft.
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Discover an exceptional lakeside opportunity on peaceful Lake Starr! Featuring two private in-law suites - a rare find with very few properties offering this level of flexibility - this unique 5-bedroom, 5-bath waterfront property provides versatile living spaces and strong income potential, making it ideal for multigenerational living, investment, or a primary residence with rental flexibility. The private in-law suites is an attached structure with its own entrance, full 1-bedroom, 1-bath layout, living area, and full kitchen, all overlooking beautiful Lake Starr. The suite also includes additional storage and a dedicated laundry area. (Currently tenant-occupied.) A detached second-story cottage (also tenant-occupied) offers a functional kitchen, bedroom, living area, ample storage, and washer/dryer hookup. The in-law suite and cottage each have separate electric meters, separate water tanks, and separate water heaters, providing excellent flexibility for rental or independent living. The property also features two septic systems-one servicing the main home and one servicing the cottage. The main residence includes multiple flexible living areas, additional bedrooms with private bath access and kitchenette options, and a spacious primary suite with a large walk-in closet. An attached bonus room with dedicated laundry space adds convenience. The main home is equipped with central AC along with several mini-split systems for added efficiency and comfort. Additional improvements include a roof replacement approximately seven years ago, newly installed handicap-accessible railing, and two storage sheds. Enjoy direct lake access-perfect for kayaking, paddleboarding, canoeing, and fishing-while being conveniently located just north of Downtown Lake Wales with easy access to US-27. This waterfront property offers space, privacy, flexibility, and income-producing potential with beautiful lake views on Lake Starr.

Full Property Details for 130 Ribbon Pkwy

General

  • Price: $369,990
  • Taxes: $2,581 (2025)
  • Status: Active
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: L4959230
  • Updated: 3/9/2026
  • Added to Site: 52 day(s) ago

Rental Information

  • Min. Lease: No Minimum

Interior

  • Number of Rooms: 3
  • Interior Features: Ceiling Fan(s), Solid Wood Cabinets
  • Fireplace: Yes
  • Fireplace(s): Wood Burning
  • Appliances: Dishwasher, Range, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Ceramic Tile, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 5

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: Inside, Laundry Room

Exterior

  • Exterior Features: Lighting, Storage
  • Deck/Patio: Covered, Deck, Patio, Porch, Rear Porch
  • Porch/Patio/Deck: Covered, Deck, Patio, Porch, Rear Porch

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2

Location

  • Area: 33898 - Lake Wales
  • County: Polk
  • Development Name: 33898 - Lake Wales
  • Subdivision: MASON VILLA
  • Driving Directions: From Orlando, head south on US-17 S/US-92 W and merge onto US-27 S toward Haines City. Continue on US-27 S for approximately 35 miles, then turn left onto Masterpiece Rd. Follow Masterpiece Rd for about 3 miles; the destination will be on the right.
  • Direction Faces: North

School Information

  • Elementary School: Janie Howard Wilson Elem
  • Middle School: Mclaughlin Middle
  • High School: Lake Wales Senior High

Community

  • Community Name: 33898 - Lake Wales
  • Pet Restrictions: All info is deemed reliable but should be verified with the county by the buyer and their agent

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central, Electric

Utilities

  • Sewer: Septic Tank
  • Water District: LAKE STARR
  • Water: Well
  • Utility Description: Cable TV Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Private, Public, Water Available, Water Connected

Structural Information

  • Exterior Const.: Brick, Vinyl Siding, Wood Frame
  • Roof: Metal
  • Windows: Blinds
  • Stories/Levels: One
  • Square Feet: 2,154
  • Sq. Ft. Source: Public Records
  • Year Built: 1922

Additional Structures

  • Other Structures: Guest House, Shed(s), Storage

Lot Features

  • Property View: Trees/Woods, Water
  • Lot Size (Acres): 0.36
  • Lot Size (Sq. Ft.): 15,533
  • Lot Size: 15533
  • Street/Road Desc.: Paved
  • Fencing (Description): Chain Link

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Access: Yes
  • Water Access Desc: Lake
  • Water Front Name: LAKE STARR
  • Water Front Desc.: Lake Front

Green Features

  • Energy Generation: Solar

Financial Considerations

  • Tax Amount: $2,581
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: MASON VILLA PB 23 PG 6 LOT 11 IN SEC 14 T29 R27
  • Flood Zone Info: X
  • APN: 272914860620000110
  • Property ID: 272914860620000110

Listed by Keller Williams Realty Smart 1

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— 130 Ribbon Pkwy —

  • Keller Williams Realty Smart 1

  • Keller Williams Realty Smart 1

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 130 Ribbon Pkwy

School District:Polk County School District
NameGradesDistance
Spook Hill Elementary School
321 Doctor JA Wiltshire Avenue, Lake Wales, FL 33853
PK-53.4 mi
Mclaughlin Middle School And Fine Arts Academy
800 South 4th Street, Lake Wales, FL 33853
6-84.9 mi
Winter Haven Senior High School
600 6th Street Southeast, Winter Haven, FL 33880
9-128.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 130 Ribbon Pkwy Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/26/2026
Listed
$369,990
93.71%
MLS
5/23/2011
Sold
$191,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 130 Ribbon Pkwy

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,450
-37%
$157,314
3%
2024
$2,298
9%
$152,880
3%
2023
$2,103
1%
$148,427
6%
2021
$2,075
—
$139,907
-3%
2022
$2,081
—
$144,104
4%
2021
$2,075
10%
$137,975
4%
2017
$1,879
—
$132,358
2%
2017
$1,879
2%
$129,636
2%
2016
$1,844
-1%
$126,970
1%
2015
$1,868
-5%
$126,087
-7%
2019
$1,975
10%
$134,873
8%
2014
$1,802
—
$125,086
2%
2013
$1,808
—
$123,237
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Keller Williams Realty Smart 1

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130 Ribbon Parkway, Lake Wales, FL 33898 (MLS# L4959230) is a Single Family property with 5 bedrooms and 5 full bathrooms. 130 Ribbon Parkway is currently listed for $369,990 and was received on February 26, 2026. Want to learn more about 130 Ribbon Parkway? Do you have questions about finding other Single Family real estate for sale in Lake Wales? You can browse all Lake Wales real estate or contact a Coldwell Banker agent to request more information.

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