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724 Masterpiece Road, 
Lake Wales, FL 33898

$649,000


3

Beds


2

Baths


1,461

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Julie Seay

Last updated:

November 22, 2025, 01:06 PM

MLS#

P4936209

Source:

MFRMLS

Company Logo

About This Home

724 Masterpiece Road

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!

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1949

Price Summary

649,000

$444 per Sq. Ft.

MLS #:

P4936209

Last Updated:

November 22, 2025, 01:06 PM

Added:

4 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,461 Sq. Ft.


Structure

Structure

Building Area:

1,461 Sq. Ft.

Year Built:

1949


Lot

Lot Size (Sq. Ft):

147,625


Finances & Disclosures

Finances

Price:

$649,000

Price per Sq. Ft:

$444 per Sq. Ft.

724 Masterpiece Road
MLS Logo
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