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$359,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 3 Full Baths
  • 1,975 Sq. Ft.
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Motivated seller! Discover the perfect blend of comfort, style, and waterfront charm in this beautifully designed 3-bedroom, 3-bath split-plan home on the pristine shores of Crooked Lake. Offering breathtaking lake views and a private backyard oasis, this home is made for both entertaining and everyday living. Inside, the thoughtfully laid-out split floor plan provides privacy and convenience. Two of the three spacious bedrooms offer direct access to the pool area, creating a seamless flow between indoor comfort and outdoor enjoyment. Step outside to your own personal paradise-featuring a sparkling in-ground pool, relaxing spa, expansive back patio, and a fully-equipped outdoor bathroom and shower for poolside ease. Whether you're hosting a barbecue, enjoying a sunset over the water, or heading out for a day on the lake, this home has it all. With direct lake access, lush landscaping, and resort-style amenities, this one-of-a-kind Crooked Lake property is truly a rare find. Owner financing available with a large downpayment.

Full Property Details for 502 Canal Dr

General

  • Price: $359,000
  • Taxes: $2,046 (2024)
  • Status: Active
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: P4934896
  • Updated: 10/15/2025
  • Added to Site: 242 day(s) ago

Rental Information

  • Min. Lease: No Minimum

Interior

  • Number of Rooms: 3
  • Interior Features: Ceiling Fan(s)
  • Appliances: Other
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Laundry Room

Additional Information

  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: In Ground
  • Spa: Yes

Exterior

  • Exterior Features: French Doors

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: 27 and 60 go south for about 4.5 miles. Turn left onto Sunshine and then again on Canal (House is on right).
  • Direction Faces: North

Community

  • Community Name: 33859 - Lake Wales

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected, Sewer Connected, Water Connected

Structural Information

  • Exterior Const.: Block
  • Roof: Metal
  • Stories/Levels: One
  • Square Feet: 1,975
  • Sq. Ft. Source: Public Records
  • Year Built: 1965

Lot Features

  • Lot Size (Acres): 0.33
  • Lot Size (Sq. Ft.): 14,527
  • Lot Size: 14527
  • Street/Road Desc.: Paved

Water Features

  • Water Front: Yes
  • Water Access: Yes
  • Water Access Desc: Canal - Freshwater, Lake
  • Water Extras: Yes
  • Water Front Desc.: Freshwater Canal

Financial Considerations

  • Tax Amount: $2,046
  • 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 5
  • Flood Zone Info: X500
  • APN: 273035928400022050
  • Property ID: 273035928400022050
  • Block/Lot/Section: V

Listed by Real Florida Realty Llc

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Listing agent

— 502 Canal Dr —

  • Real Florida Realty Llc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 502 Canal Dr

School District:Polk County School District
NameGradesDistance
Ben Hill Griffin Jr Elementary School
501 McLeod Road, Frostproof, FL 33843
PK-55.2 mi
Frostproof Middle/Senior High School
1000 North Palm Avenue, Frostproof, FL 33843
6-85.5 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 502 Canal Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/16/2025
Price Reduced
$359,000
-2.71%
MLS
8/07/2025
Price Reduced
$369,000
-2.64%
MLS
7/08/2025
Price Reduced
$379,000
-2.82%
MLS
5/21/2025
Listed
$390,000
—
MLS
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 502 Canal Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,046
9%
$146,864
3%
2023
$1,869
4%
$142,586
6%
2021
$1,795
—
$134,401
-3%
2022
$1,796
—
$138,433
4%
2021
$1,795
4%
$132,545
2%
2019
$1,729
5%
$129,565
2%
2017
$1,651
—
$127,149
2%
2017
$1,651
2%
$124,534
2%
2016
$1,612
-2%
$121,973
—
2015
$1,639
1%
$121,513
—
2014
$1,615
-15%
$121,671
35%
2013
$1,910
—
$90,297
—
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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with our affiliated lender
NMLS#: 1598647

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Listed by Real Florida Realty Llc

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502 Canal Drive, Lake Wales, FL 33859 (MLS# P4934896) is a Single Family property with 3 bedrooms and 3 full bathrooms. 502 Canal Drive is currently listed for $359,000 and was received on May 21, 2025. Want to learn more about 502 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.

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