15 days on rocket

Mountain Lake Cuttoff, Lake Wales, FL, 33859

$23,140,000

664.00 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
WaterfrontLake Front, River Front
MLS #P4932461
Lot Size664.00 Acres
StatusActive

About Mountain Lake Cuttoff

Situated in NW Lake Wales/SE Winter Haven, the 664 Acres Lake Wales Master Planned Community offers a prime investment opportunity. The assemblage of 624 acres makes a very attractive master planned community surrounding the south half of Lake Ashton. Future Zoning would allow up to 5 units/acre (3,120 homes) and recreation areas to Lake Wales. Property is in the Utility Service Area of Lake Wales and utilities are adjacent to the property.

Property Details

Property Features

Listing Office:

  • Office Name: CROSBY & ASSOCIATES, INC.
  • Office Phone: (863) 293-5600
  • Listing Agent: John Donley

Exterior Features

Exterior Information:

  • Waterfront: Lake Front, River Front

Lot Features

Lot Information:

  • Lot Size: 664.00 Acres

Other

Directions Information:

  • Directions: Head south on US-27 S, turn right at Thompson Nursery Rd. In a/b 3 miles, make a left onto State Hwy 653. Destination will be on the left in 2.1 miles.

Price Information

Listing Price Info

Price Summary:

  • List Price: $23,140,000
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Housing Market Comparison

See how this home compares to others in Lake Wales, FL.

Med. Sold Price

$270K

Med. Price/SqFt

$175

Avg. Days On Market

54

# of Sold Homes

27

Mountain Lake Cuttoff vs Lake Wales

15 DAYS ON ROCKET

-39 Days

$23,140,000

+$22.8M More

KEY TAKEAWAY

This property is $22.8M more than the Median Sold Price in Lake Wales, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #P4932461

Listing Office:

  • Office Name: CROSBY & ASSOCIATES, INC.
  • Office Phone: (863) 293-5600
  • Listing Agent: John Donley

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 8:19:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$115.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$69.4K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-348965
2
/10
  • Janie Howard Wilson School

  • 306 Florida Ave

  • 2.99 miles

  • Public Charter Grades PK-5

school-card-donut-348966
5
/10
  • Chain of Lakes Elementary School

  • 7001 State Highway 653

  • 3.26 miles

  • Public District Grades PK-5

school-card-donut-348967
2
/10
  • Spook Hill Elementary School

  • 321 Dr J A Wiltshire Ave E

  • 3.67 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,186. The most common annual income of people living in Lake Wales, FL is less than $35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About Mountain Lake Cuttoff

What is the listing price of this property?

The listing price of Mountain Lake Cuttoff property is $23,140,000.

What type of property is this?

The property Mountain Lake Cuttoff is land located in Lake Wales, Florida, 33859.

Is this property for sale now?

Active Listing: Mountain Lake Cuttoff is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property Mountain Lake Cuttoff is 664.00 acres.
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Rocket HomesFloridaPolk CountyLake Wales33859Mountain Lake Cuttoff

This home is located at Mountain Lake Cuttoff in Lake Wales, FL and zip code 33859. This home sits on a 664.00 acre lot. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $23,140,000.

In October 2024 more than 8 listings in Lake Wales, FL were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 12 were sold below. The inventory of homes for sale in Lake Wales, FL between September 2024 and October 2024 increased by 1%. While the average time on the market in October 2024 was 54 days, the median list price was $270,000.

From Rocket Homes Real Estate and based on county public records data.

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