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.
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
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Property Sales & Tax
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Janie Howard Wilson School
306 Florida Ave
Distance between this listing and this school2.99 miles
Public Charter Grades PK-5
5
/10
Chain of Lakes Elementary School
7001 State Highway 653
Distance between this listing and this school3.26 miles
Public District Grades PK-5
2
/10
Spook Hill Elementary School
321 Dr J A Wiltshire Ave E
Distance between this listing and this school3.67 miles
Public District Grades PK-5
Nearby Schools
4
/10
Edward W Bok Academy North
338 E Central Ave
Distance between this listing and this school3.86 miles
Public Charter Grades 6-8
3
/10
McLaughlin Middle School
800 4th St S
Distance between this listing and this school4.23 miles
Public District Grades 6-8
6
/10
Dundee Ridge Middle Academy
5555 Lake Trask Rd
Distance between this listing and this school7.29 miles
Public Magnet Grades 6-8
Nearby Schools
2
/10
Roosevelt Academy
115 E St
Distance between this listing and this school2.96 miles
Public District Grades 6-12
3
/10
Lake Wales Senior High School
1 Highlander Way
Distance between this listing and this school3.92 miles
Public Charter Grades 9-12
1
/10
Don E Woods Opportunity Center
213 Lake Ave
Distance between this listing and this school7.39 miles
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.
Interested in Mountain Lake Cuttoff? Let's connect.
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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.