Sarasota's Premier Homes

130 RIBBON PARKWAY

LAKE WALES , FL 33898

MLS#: O6319957

$420,000

Status: Active
Listing number: O6319957
Listing provided by: EXP REALTY LLC
Listing agent phone: None
Last update: 9 days ago
On site: a month ago
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MASON VILLA - Residential

Property

Beds

5

Full Baths

5

1/2 Baths

None

Year Built

1922

Sq.Footage

2,374

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.

Features & Amenities

Interior

  • Total Bedrooms

    5

  • Bathrooms

    5

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Central, Electric

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Vinyl Siding, Frame

  • Other Exterior Features

    Lighting, Storage

  • Parking

    Attached

  • Patio and Porch Features

    Covered, Deck, Patio, Porch, Rear Porch

  • Pool

    No

  • Waterfront YN

    YES

  • View

    Lake, Water

Area & Lot

  • Lot Features

    Waterfront

  • Lot Size(acres)

    0.36

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

Price

  • Sales Price

    $420,000

  • Tax Amount

    2298.0

  • Sq. Footage

    2, 374

  • Price/SqFt

    $176

HOA

  • Association

    NO

School District

  • Elementary School

    Janie Howard Wilson Elem

  • Middle School

    Mclaughlin Middle

  • High School

    Lake Wales Senior High

Property Features

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Septic Tank

  • Tax Lot

    11

  • Water Source

    Private, Well

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Location

County

Polk

Elementary School

Janie Howard Wilson Elem

Middle School

Mclaughlin Middle

High School

Lake Wales Senior High

Listing Courtesy of Daniel Betancourt , EXP REALTY LLC

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Agent MichaelGraf

Business Coach | Executive Sales Associate | Realtor®

MichaelGraf

Call Michael today to schedule a private showing.

(941) 315-6980

michael@thegrafgroupvip.com


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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.

130 RIBBON PARKWAY

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