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$649,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,461 Sq. Ft.
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Under contract-accepting backup offers. Lake Starr Property with Multiple Dwellings & Endless Possibilities! Discover a rare opportunity to own 3.39 acres of lakefront living on the shores of Lake Starr. This unique property features a 3 bedroom, 2 bath home offering stunning lake views and even a view of Bok Tower! The spacious open living and dining area are great for entertaining. You'll also enjoy a split bedroom layout, and charming pine hardwood floors. Recent upgrades include updated windows and doors, rewired electric, Hardie board siding, and additional insulation. New roof (2024) and new pump for well (2025) In addition to the main home, the property includes a versatile guest dwelling with multiple rental options: a fully furnished studio apartment upstairs, a 2 bedroom/1 bath apartment downstairs, plus a shared recreation room complete with a sitting area, ping pong, pool table, sauna, full bath, and an open patio overlooking the lake and tennis court. For your cars, boat, camper or toys there's a 24' x 40' three-bay detached garage/workshop with plenty of storage. This property is ideal for a family compound, multigenerational living, or as an income-producing investment property. Conveniently located near shopping, dining, and medical facilities, it combines privacy with accessibility. Close to Legoland and Winter Haven. Don't miss this one-of-a-kind lakefront opportunity!

Full Property Details for 724 Masterpiece Rd

General

  • Price: $649,000
  • Taxes: $4,237 (2024)
  • Status: Pending
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: P4936209
  • Updated: 12/10/2025
  • Added to Site: 123 day(s) ago

Rental Information

  • Min. Lease: No Minimum

Interior

  • Number of Rooms: 6
  • Interior Features: Open Floorplan, Primary Bedroom Main Floor
  • Appliances: Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile, Vinyl, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Inside, Laundry Room

Exterior

  • Exterior Features: Tennis Court(s)
  • Deck/Patio: Deck, Patio
  • Porch/Patio/Deck: Deck, Patio

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Covered Spaces: 3
  • Parking Features: Garage Faces Side, Parking Pad

Location

  • Area: 33898 - Lake Wales
  • County: Polk
  • Development Name: 33898 - Lake Wales
  • Subdivision: CRAIG W J RESUB
  • Driving Directions: Hwy 27 South from Winter Haven. Turn left at traffic light onto Chalet Suzanne Rd. go thru next traffic light continue straight onto Masterpiece Rd. property will be on your right.
  • Direction Faces: North

Community

  • Community Name: 33898 - Lake Wales

Heating & Cooling

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

Utilities

  • Sewer: Septic Tank
  • Water District: LAKE STARR
  • Water: Well
  • Utility Description: BB/HS Internet Available, Electricity Connected, Water Connected

Structural Information

  • Exterior Const.: HardiPlank Type, Wood Frame (FSC Certified)
  • Roof: Shingle
  • Stories/Levels: One
  • Square Feet: 1,461
  • Sq. Ft. Source: Public Records
  • Year Built: 1949

Additional Structures

  • Other Structures: Guest House, Shed(s), Tennis Court(s)

Lot Features

  • Property View: Water
  • Lot Size (Acres): 3.39
  • Lot Size (Sq. Ft.): 147,625
  • Lot Size: 3.389
  • Lot Dimensions: 180 x 471
  • Frontage: Street Paved
  • Street/Road Desc.: Paved

Water Features

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

Financial Considerations

  • Tax Amount: $4,237.98
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: CRAIG W J RESUB PB 10 PG 39 IN SEC 14 T29 R27 LOTS 105 & 106 LESS HWY & LESS BEG AT INTER OF E LOT LINE OF LOT 106 & S R/W OF SR 17-A RUN S 21 DEG 45 MIN 02 SEC W ALONG LOT LINE 327.80 FT S 79 DEG 13 MIN 29 SEC W 96.90 FT N 17 DEG 20 MIN 38 SEC E 331 .24 FT TO RD R/W ELY ALONG R/W 115.20 FT CONT ALONG R/W 5.35 FT TO POB
  • Flood Zone Info: X
  • APN: 272914860610001050
  • Property ID: 272914860610001050
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 724 Masterpiece Rd —

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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 724 Masterpiece Rd

School District:Polk County School District
NameGradesDistance
Spook Hill Elementary School
321 Doctor JA Wiltshire Avenue, Lake Wales, FL 33853
PK-53.5 mi
Mclaughlin Middle School And Fine Arts Academy
800 South 4th Street, Lake Wales, FL 33853
6-85 mi
Winter Haven Senior High School
600 6th Street Southeast, Winter Haven, FL 33880
9-129 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 724 Masterpiece Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/23/2025
Price Reduced
$649,000
-5.53%
MLS
9/15/2025
Listed
$687,000
587%
MLS
5/30/1997
Sold
$100,000
—
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 724 Masterpiece Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,122
-26%
$287,032
1%
2024
$4,238
10%
$285,313
1%
2023
$3,854
24%
$283,323
43%
2021
$3,099
-13%
$198,447
-23%
2022
$3,580
16%
$259,066
39%
2021
$3,099
13%
$186,853
6%
2017
$2,749
—
$176,842
—
2017
$2,749
5%
$176,179
3%
2016
$2,626
-1%
$170,955
7%
2015
$2,643
-7%
$159,856
-12%
2019
$2,840
15%
$180,764
18%
2014
$2,477
3%
$152,958
5%
2013
$2,405
—
$146,002
—
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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724 Masterpiece Road, Lake Wales, FL 33898 (MLS# P4936209) is a Single Family property with 3 bedrooms and 2 full bathrooms. 724 Masterpiece Road is currently listed for $649,000 and was received on September 15, 2025. This property is listed by Julie Seay from our Winter Haven / Lake Wales Office.Want to learn more about 724 Masterpiece Road? 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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