Address
4742 Cypress Drive, LAKE WALES, FL
Price
$ 265,000
Property Attributes
  • MLS#L4959042
  • TypeSingle Family
  • Listing Status Pending
  • CountyPolk
  • CityLAKE WALES
  • AreaLake Wales
  • NeighborhoodPALM ACRES SUB
  • Zip33898
  • StyleSingle Family Residence
  • Year Built1976
  • Taxes$ 3373
  • Price$ 265,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1364
  • Lot Size0.3 Acres
Data Source:
Stellar MLS
Property Description

Under contract-accepting backup offers. Enjoy true Florida waterfront living at 4742 Cypress Dr in Lake Wales. Available fully furnished. This home sits on a canal with direct access to Lake Pierce, a 3,700-acre Old Florida lake known for peaceful views and excellent bass and speck fishing. An updated seawall, covered dock with two boat slips, and quick access to the open lake make this a great spot for boating and relaxing by the water. The extra-large corner lot offers plenty of room for boats, RVs, or trailers, plus a rear concrete driveway backing directly to the canal and a storage shed for fishing gear, kayaks, and outdoor toys. Inside, the home features a bright Florida room with a new mini-split, an open living and dining area, and a kitchen with stainless steel appliances and breakfast bar. Recent updates include a new roof on the home and shed (2022) and a central A/C replaced in 2018. With a public boat ramp about a mile away, this home is perfect as a full-time residence, seasonal getaway, or weekend lake escape. Available fully furnished.

Price History
1/30/2026 Listed $300,000
2/19/2026 7$280,000
3/17/2026 2$275,000
4/21/2026 2$270,000
6/5/2026 2$265,000

General Features

Sewer Septic Tank
Heating Central
Cooling Central Air,Mini-Split Unit(s)
Utilities Cable Available,Electricity Connected,Sewer Connected,Water Connected
Roof Shingle
Appliances Dishwasher,Microwave,Range,Refrigerator
Zoning R-1
Garage Spaces 1
Construction Materials Block
Year Built 1976
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Waterfront Features Canal - Freshwater
County Polk
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name PALM ACRES SUB
Facing Direction East
Garage Y/N true
Total Rooms 6
Full Baths 1
Status Pending
Directions hwy 27s, turn left onot Chalet Suzanne rd, 5.2mi turn left onto Timberlane rd, .6 miles turn right onto palm acres ave, .2 miles turn left onto cypress dr, home is on your left
City LAKE WALES
Senior Community Y/N false
MLS Area 33898 - Lake Wales
Lot Size Units Square Feet
Lot Size Square Feet 12998
Carport Y/N false
Listing Terms Cash,FHA,USDA Loan,VA Loan
Land Lease Y/N false
Tax Annual Amount 3373.02
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/L4959042
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active Under Contract
Occupancy Type Owner
Tax Lot 22
Legal Description PALM ACRES SUB PB 41 PG 18 LOT 22 & E 25 FT OF S 40 FT OF LOT 23
Water View Canal
Water Access Type Canal - Freshwater
Minimum Lease No Minimum
Water Access Y/N true
Water View Y/N true
Flood Zone Code X
In Law Suite YN false
Flood Zone Code X Yes
DockY/N false

Interior Features

Interior Amenities Ceiling Fan(s),Thermostat,Window Treatments
Flooring Carpet,Luxury Vinyl
Furnished Y/N Negotiable
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features In Garage
Total Bedrooms 2
LivingAreaSource Public Records
Total Baths 1

Exterior Features

Exterior Amenities Lighting,Other
Water Source Public
Lot Size Area 12998
Foundation Details Slab
Building Area Total 1700
Lot Dimensions 88 x 125
Lot Size Acres 0.3
Road Surface Type Paved
Private Pool false
Waterfront Y/N true
Covered Spaces 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33898

Price
AVG $460K
$270K
Taxes
AVG $2,947
$3,373
Year Built
AVG 1995
1976