130 Ribbon Parkway, Lake Wales, FL 33898 - Photo 1

1/1

$365,000

Sold
Closed
Single Family
2,154 Sq. Ft.
Updated 12 days ago

1/1

Property Description

Exceptional income-producing waterfront property on peaceful Lake Starr with two private in-law suites - a rare feature few properties offer. This unique property includes a spacious main residence, a detached cottage, and a in-law suite with its own entrance and full privacy - ideal for multigenerational living, extended guests, or rental income. The first in-law suite is a private, attached upstairs suite featuring a full one-bedroom, one-bath layout with living area and full kitchen overlooking beautiful Lake Starr. The lower level provides additional storage and a dedicated laundry area. The second in-law suite is the detached cottage, currently rented, with a functional kitchen, bedroom, living area, ample storage, and washer/dryer hookup. Both in-law suites have separate electric meters, water tanks, and water heaters, allowing for fully independent utility management. Two septic systems - one for the main home and one for the cottage - further enhance flexibility. The main residence offers expansive living space, including a spacious primary suite with a large walk-in closet and an attached room with a private laundry area. Central AC and multiple mini-split systems ensure efficient climate control. Additional updates include a metal roof replacement approximately seven years ago, two storage sheds, and newly installed handicap-accessible railing. 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 rare waterfront property combines versatile living, strong rental potential, and lifestyle appeal, offering two fully independent in-law suites, privacy, and beautiful lakefront views.

Full Property Details

Full Property Details for 130 Ribbon Pkwy

General

Sold For: $365,000
Taxes: $2,581 (2025)
Status: Closed
Type: Single Family
Source: MidFloridaRegionalMLS
MLS ID: L4959747
Added to Site: 87 day(s) ago

Rental Information

Min. Lease: No Minimum

Interior

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

Other Rooms

Laundry: Inside, Laundry Room

Exterior

Exterior Features: Lighting, Private Entrance, Rain Gutters, Sliding Doors, 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.

School Information

Elementary School: Janie Howard Wilson Elem
Middle School: Mclaughlin Academy Of Excellence
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, Mini-Split Unit(s)
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

# Buildings: 2
Exterior Const.: Brick, Vinyl Siding, Wood Frame
Roof: Metal
Windows: Blinds
Stories/Levels: One
Square Feet: 2,154
Sq. Ft. Source: Public Records
Living Area: 2,154 Sq. Ft.
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

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, AE
APN: 272914860620000110
Property ID: 272914860620000110

Listed and Sold by Keller Williams Realty Smart 1

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Schools

Schools serving 130 Ribbon Pkwy

School District:Polk County School District

Name	Grades	Distance
Spook Hill Elementary School 321 Doctor JA Wiltshire Avenue, Lake Wales, FL 33853	PK-5	3.4 mi
Mclaughlin Middle School And Fine Arts Academy 800 South 4th Street, Lake Wales, FL 33853	6-8	4.9 mi
Winter Haven Senior High School 600 6th Street Southeast, Winter Haven, FL 33880	9-12	8.6 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

Date

Details

Price

Change

Source

5/11/2026

Sold

$365,000

-1.35%

MLS

2/26/2026

Listed

$369,990

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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130 Ribbon Pkwy, Lake Wales, FL 33898 - Photo 1

Sold

$365,000