Homes for sale - 130 RIBBON Pkwy, Lake Wales, FL 33898

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Keith Houtz

keithhoutz@outlook.com +1(727) 415-4982

$ 420,000

Est. payment | -/mo

5 Beds

5 Baths

2,374 SqFt

Save Virtual Tour

$ 420,000

Est. payment | -/mo

Save Virtual Tour

5 Beds

5 Baths

2,374 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,374 sqft

Price per Sqft $176

Subdivision Mason Villa

MLS Listing ID O6319957

Bedrooms 5

Full Baths 5

HOA Y/N No

Year Built 1922

Annual Tax Amount $2,298

Lot Size 0.360 Acres

Acres 0.36

Property Sub-Type Single Family Residence

Source Stellar MLS

Property 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.

Location

State FL

County Polk

Community Mason Villa

Area 33898 - Lake Wales

Rooms

Other Rooms Attic, Bonus Room, Family Room, Inside Utility, Interior In-Law Suite w/Private Entry, Loft

Interior

Interior Features Ceiling Fans(s), Solid Wood Cabinets

Heating Central, Electric

Cooling Central Air

Flooring Ceramic Tile, Wood

Fireplaces Type Wood Burning

Fireplace true

Appliance Dishwasher, Range, Range Hood, Refrigerator

Laundry Inside, Laundry Room

Exterior

Exterior Feature Lighting, Storage

Garage Spaces 2.0

Fence Chain Link

Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Private, Public, Water Available, Water Connected

Waterfront Description Lake Front

View Y/N Yes

Water Access Yes

Water Access Desc Lake

View Water

Roof Type Metal

Porch Covered, Deck, Patio, Porch, Rear Porch

Attached Garage true

Garage true

Private Pool No

Building

Lot Description In County

Entry Level Multi/Split

Foundation Crawlspace, Slab

Lot Size Range 1/4 to less than 1/2

Sewer Septic Tank

Water Well

Structure Type Vinyl Siding,Frame

New Construction false

Schools

Elementary Schools Janie Howard Wilson Elem

Middle Schools Mclaughlin Middle

High Schools Lake Wales Senior High

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan

Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan

Special Listing Condition None

Virtual Tour https://www.zillow.com/view-imx/5424f5e5-fe29-4304-8512-b045152a4422?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Listed by EXP REALTY LLC

Since 2005, I have lived and helped clients in the Tampa Bay area, covering Pasco, Pinellas, Hernando, and Hillsborough Counties. I know and stay tuned into the developing and growing areas of Tampa Bay. Experience, Integrity, and Professionalism.
Review any of my testimonials from past clients.
I work for you and to your best interest.
Contact me directly today.
Live Your Best Life!

+1(727) 415-4982

keithhoutz@outlook.com

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130 RIBBON Pkwy Lake Wales, FL 33898