130 Masterpiece Rd, Lake Wales, FL 33898
$420,000
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Home Description
Discover the versatility and income potential of this unique 5-bedroom, 5-bathroom lakefront home on peaceful Lake Starr. Spanning across multiple living areas, the property includes a detached 1-bedroom, 1-bath guest house with lake views, full kitchen, and living space—currently tenant-occupied for rental income. The main residence is thoughtfully divided into flexible sections, perfect for multigenerational living or investment opportunities. A private in-law suite with its own entrance, full bath, and kitchenette is connected to the home— also currently tenant-occupied for rental income., while an additional bedroom also features its own separate entrance, kitchenette, and private bath—ideal for rental or guest use. The main living area includes 3 bedrooms, 3 full bathrooms, an oversized living room, and a bonus room that can serve as a home office, playroom, or extra bedroom. Enjoy tranquil lakefront living with direct access to Lake Starr—ideal for paddleboarding, kayaking, fishing, and canoeing. Located just north of Downtown Lake Wales, this home is close to US-27, offering quick commutes to nearby cities and attractions. With its multi-unit setup, serene views, and flexible layout, this property is perfect for homeowners seeking passive income, investors, or families needing space and privacy.
- MLS #: O6319957
- Address: 130 Masterpiece Rd
- Levels: Multi/Split
- City: Lake Wales
- Zip: 33898
- County: Polk
- Elementary School: Janie Howard Wilson Elem
- Middle School: Mclaughlin Middle
- High School: Lake Wales Senior High
- Water View: Lake
- Water Name: LAKE STARR
- Water Frontage: Lake Front
- Water Feet: 101
- Water Access: Lake
- Interior Features: Ceiling Fans(s),Solid Wood Cabinets
- Appliances: Dishwasher,Range,Range Hood,Refrigerator
- Fireplace Desc: Wood Burning
- Floor Covering: Ceramic Tile,Wood
- Bonus Room Features: Ceiling Fan(s)
- Additional Rooms: Attic,Bonus Room,Family Room,Inside Utility,Interior In-Law Suite w/Private Entry,Loft
- Exterior Features: Lighting,Storage
- Exterior Contruction: Frame,Vinyl Siding
- Foundation: Crawlspace,Slab
- Front Exposure: North
- Roof: Metal
- Building Sqft: 3047
Available now at $420,000
Approximate Room Sizes / Descriptions
| Dining Room | 12x11 | First | Ceramic Tile |
| Kitchen | 14x12 | First | Ceramic Tile |
| Living Room | 20x23 | First | Wood |
| Bonus Room | 12x13 | First | Laminate |
| Bedroom 3 | 12x12 | First | Laminate |
| Bedroom 2 | 13x14 | First | Laminate |
| Primary Bedroom | 14x16 | First | Laminate |
- Attached Garage: True
- Garage: True
- Garage Spaces: 2
- Carport: False
- Carport Spaces: 0
- Air Conditioning: Central Air
- Heating: Central,Electric
- Utilities: Cable Available,Cable Connected,Electricity Available,Electricity Connected,Phone Available,Private,Public,Water Available,Water Connected
- Lot Sqft: 15533.00
- Lot Acres: 0.3600
- Total Acre: 1/4 to less than 1/2
- Lot Num: 11
- Style: Single Family Residence
- Location: In County
- Pets Allowed: Yes
- : 407-375-9142
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Financial
- Approx Payment:$2,043*
- Taxes:$2,298
Area Stats
These statistics are updated daily from the My Florida Regional MLS. For further analysis or
to obtain statistics not shown below please call EasyStreet Realty at
(407) 485-1814 and speak with one of our real estate consultants.
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Listing Courtesy of EXP REALTY LLC.
For information or to schedule a viewing of this property (MLS# O6319957), call: 407-485-1814
130 Masterpiece Rd, Lake Wales FL is a single family home of 2374 sqft and
is currently priced at $420,000
.
This single family home has 5 bedrooms.
MLS O6319957 has been posted on this site since 6/20/2025 (today).
2025
6/28/2025.