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$339,900 Just Listed
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Property Description
Under Construction. Discover this newly built 4-bedroom, 2-bathroom home located on WALK-IN-WATER LAKE ESTATES at 2642 Magnolia Circle in Lake Wales, FL. This home features an open-concept layout with generous living and dining spaces. The modern kitchen includes stainless steel appliances, granite countertops, and contemporary cabinetry. The primary suite offers a spacious walk-in closet and a well-designed en-suite bathroom. Outside, the cul-de-sac setting creates a quiet, low-traffic environment perfect for added privacy and peace of mind. And with NO HOA, you'll enjoy the freedom to personalize your home without additional fees or restrictions. Whether you're searching for your first home, a growing family space, or a serene Florida retreat, this property delivers a rare combination of new construction, modern comfort, and unbeatable value.
Full Property Details
Full Property Details for 2642 Magnolia Cir
General
- Price: $339,900
- Taxes: $362 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: O6376489
- Updated: 1/27/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 10
- Interior Features: Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Thermostat, Walk-In Closet(s)
- Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Laundry Room
Exterior
- Exterior Features: Sliding Doors
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: WALK IN WATER LAKE ESTATES PH 03
- Driving Directions: Heading northwest on State Road 60 West toward Sam Keen Road. Turn left onto Walk in Water Road, then take another left onto Sheppard Drive. Finally, turn right onto Magnolia Circle, and you will arrive at your destination 2642 Magnolia Circle.
- Direction Faces: Northeast
Community
- Community Name: 33898 - Lake Wales
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Heat Pump
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Connected
Structural Information
- Builder: EMT CONTRACTORS CORP
- Approx Compl Date: 2026-03-02T05:00:00.000Z
- Exterior Const.: Block
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,644
- Sq. Ft. Source: Builder
- Year Built: 2026
Lot Features
- Lot Size (Acres): 0.64
- Lot Size (Sq. Ft.): 28,000
- Lot Size: 28000
- Street/Road Desc.: Concrete
Financial Considerations
- Tax Amount: $362.13
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: WALK-IN-WATER LAKE ESTATES PHASE THREE UNIT THREE PB 70 PG 6 BLK O LOT 3
- Flood Zone Info: X
- APN: 293029992900015030
- Property ID: 293029992900015030
- Block/Lot/Section: O
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Schools
Schools serving 2642 Magnolia Cir
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Spook Hill Elementary School 321 Doctor JA Wiltshire Avenue, Lake Wales, FL 33853 | PK-5 | 9.6 mi |
Frostproof Middle/Senior High School 1000 North Palm Avenue, Frostproof, FL 33843 | 6-8 | 7.9 mi |
Mclaughlin Middle School And Fine Arts Academy 800 South 4th Street, Lake Wales, FL 33853 | 6-8 | 9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2642 Magnolia Cir
Date
Details
Price
Change
Source
1/26/2026
Listed
$339,900
1518.57%
MLS
6/09/2023
Sold
$21,000
—
Public Record
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
Tax History for 2642 Magnolia Cir
Year
Property Taxes
Change
Tax Assessment
Change
2025
$355
22%
$32,000
45%
2024
$291
27%
$22,000
22%
2023
$230
73%
$18,000
80%
2021
$133
-35%
$10,000
-33%
2022
$204
53%
$15,000
88%
2021
$133
14%
$8,000
—
2019
$117
-6%
$8,000
-6%
2017
$125
-2%
$8,500
—
2016
$127
2%
$8,500
5%
2015
$124
—
$8,100
—
2014
$124
2%
$8,100
5%
2013
$121
—
$7,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2642 Magnolia Cir
2642 Magnolia Circle, Lake Wales, FL 33898 (MLS# O6376489) is a Single Family property with 4 bedrooms and 2 full bathrooms. 2642 Magnolia Circle is currently listed for $339,900 and was received on January 26, 2026. Want to learn more about 2642 Magnolia Circle? 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.

