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$356,500
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Property Description
This remodeled waterfront pool home is USDA loan eligible, offering qualified buyers an affordable path to ownership. Featuring 3 bedrooms, 2 bathrooms, and 1,608 sq ft of living space, the property has been thoughtfully updated with a durable membrane roof (2020, recoated 2023), fresh interior paint (2025), and a brand-new hot water heater (2025). Inside, the open floor plan is filled with natural light from walls of windows overlooking the pool and canal. The granite kitchen seamlessly connects to the living and dining areas, while luxury vinyl plank flooring and beautifully finished bathrooms with granite and tile details add a modern touch. Set on a .32-acre lot, this home is designed for Florida living and entertaining. The expansive outdoor space includes a large screened-in pool, two separate covered patios, and a spacious pool deck with serene water views. The quiet canal provides both privacy and the rare ability to boat directly to Crooked Lake-one of Central Florida's most sought-after natural lakes. With remnants of the original dock already in place, buyers can rebuild without going through the new permitting process, making this opportunity even more valuable. Additional highlights include a private irrigation well to help maintain the lawn and landscaping at no added cost, a large powered shed/workshop ideal for storage or hobbies, a peaceful neighborhood with no HOA, and a lifestyle centered around the water. Whether you're searching for a primary residence or a weekend escape, this home delivers the perfect blend of comfort, convenience, and waterfront living.
Full Property Details
Full Property Details for 326 Canal Dr
General
- Price: $356,500
- Taxes: $1,529 (2024)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: P4936079
- Updated: 1/4/2026
- Added to Site: 144 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 10
- Interior Features: Ceiling Fan(s), Eating Space In Kitchen, Kitchen and Family Room Combination, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Thermostat
- Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Range
- Flooring: Carpet, Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Electric Dryer Hookup, Laundry Room, Outside, Washer Hookup
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground
Exterior
- Exterior Features: Hurricane Shutters, Irrigation System
- Deck/Patio: Covered, Deck, Patio, Porch, Rear Porch, Screened, Side Porch
- Porch/Patio/Deck: Covered, Deck, Patio, Porch, Rear Porch, Screened, Side
Parking
- Carports: Yes
- Carport: 1
- Carport Spaces: 1
- Covered Spaces: 1
Location
- Area: 33859 - Lake Wales
- County: Polk
- Development Name: 33859 - Lake Wales
- Subdivision: CROOKED LAKE PARK TR 05
- Driving Directions: Start on US-301 heading east through Gibsonton. Turn left (north) onto Gibsonton Drive. Continue straight for approximately 1 mile.Turn right onto Canal Drive. Drive a short distance; the home will be on your left.
- Direction Faces: West
Community
- Community Name: 33859 - Lake Wales
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public, See Remarks, Well
- Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Connected, Public, Sewer Connected, Sprinkler Well, Water Connected
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Exterior Const.: Block, Stucco
- Roof: Membrane
- Stories/Levels: One
- Square Feet: 1,646
- Sq. Ft. Source: Public Records
- Year Built: 1959
Additional Structures
- Other Structures: Shed(s), Storage, Workshop
Lot Features
- Property View: Pool, Water
- Lot Size (Acres): 0.32
- Lot Size (Sq. Ft.): 14,096
- Lot Size: 14096
- Lot Dimensions: 100 x 150
- Street/Road Desc.: Asphalt
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Canal - Freshwater
- Water Front Desc.: Freshwater Canal
Financial Considerations
- Tax Amount: $1,529.78
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: CROOKED LAKE PARK TRACT NO 5 PB 42 PG 42 BLK V LOT 13
- Flood Zone Info: X500*
- APN: 273035928400022130
- Property ID: 273035928400022130
- Block/Lot/Section: V
Listed by Dalton Wade Inc
Get Pre-Approved Today
Schools
Schools serving 326 Canal Dr
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Ben Hill Griffin Jr Elementary School 501 McLeod Road, Frostproof, FL 33843 | PK-5 | 5.3 mi |
Frostproof Middle/Senior High School 1000 North Palm Avenue, Frostproof, FL 33843 | 6-8 | 5.6 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 326 Canal Dr
Date
Details
Price
Change
Source
9/17/2025
Price Reduced
$356,500
-0.7%
MLS
8/27/2025
Listed
$359,000
9.12%
MLS
3/17/2025
Sold
$329,000
—
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 326 Canal Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,530
12%
$106,955
3%
2023
$1,361
6%
$103,840
6%
2021
$1,289
-1%
$97,880
-3%
2022
$1,296
1%
$100,816
4%
2021
$1,289
11%
$96,529
4%
2017
$1,161
-5%
$92,600
-2%
2019
$1,222
5%
$94,359
4%
2017
$1,161
4%
$90,695
2%
2016
$1,113
-1%
$88,830
1%
2015
$1,126
3%
$88,213
1%
2014
$1,089
—
$87,513
1%
2013
$1,091
—
$86,220
—
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 326 Canal Dr
326 Canal Drive, Lake Wales, FL 33859 (MLS# P4936079) is a Single Family property with 3 bedrooms and 2 full bathrooms. 326 Canal Drive is currently listed for $356,500 and was received on August 27, 2025. Want to learn more about 326 Canal Drive? 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.

