Neighborhood · Lake Wales, Florida
Saddlebag Lake
Affordable lakeside living in central Polk County
33
Homes for sale
$129,000
Median list price
$155
Avg price / sqft
89
Median days on market
Saddlebag Lake sits in the quiet heart of Polk County near Lake Wales, where modest-sized homes, a handful of waterfront parcels, and gated streets draw buyers who want lake-country calm without a big-city price tag. Nearby communities like Lake Ashton, Country Club Village, and Walk In The Water Lake Estates fill out the area, and Walt Disney World is about 75 minutes away when you want the theme-park day.
For a buyer today, this is one of the most accessible entry points in the region: the median list price is $129,000 and homes run from $49,000 to $270,000. With 33 active listings and a median 69 days on market, you have room to negotiate — sellers are getting about 93% of asking — and you can browse current options on the live map before you tour.
Saddlebag Lake is a community in Lake Wales, Florida.
Quick facts
$49,000 – $270K price range
864 sqft median home
$245/mo median HOA
$1,400/mo median rent
27 sold in 12 months
Drive times
On the market now
Homes for sale in Saddlebag Lake
View all 33 →
$120,000
3 GRAYHACKLE STREET, LAKE WALES
2 bd · 1 ba · 744 sqft
$88,500
47 WOODRUFF WAY, LAKE WALES
1 bd · 1 ba · 816 sqft
$75,000
32 SADDLEBAG TRAIL, LAKE WALES
1 bd · 1 ba · 760 sqft
$129,000
4 STONEFLY CIRCLE, LAKE WALES
2 bd · 2 ba · 864 sqft
$180,000
94 SADDLEBAG TRAIL, LAKE WALES
3 bd · 2 ba · 1,610 sqft
$180,000
54 SADDLEBAG TRAIL, LAKE WALES
3 bd · 2 ba · 1,344 sqft
$99,000
51 WOODRUFF WAY, LAKE WALES
2 bd · 2 ba · 878 sqft
$89,900
13 RED QUILL CIRCLE, LAKE WALES
1 bd · 1 ba · 396 sqft
$59,000
19 SILVERSIDES STREET, LAKE WALES
1 bd · 1 ba · 371 sqft
$89,000
6 PINK LADY LANE, LAKE WALES
1 bd · 1 ba · 734 sqft
$85,000
47 SILVERSIDES STREET, LAKE WALES
2 bd · 2 ba · 516 sqft
$69,000
40 SADDLEBAG TRAIL N, LAKE WALES
2 bd · 1 ba · 642 sqft
Every active listing inside the Saddlebag Lake boundary
Open full map search →Find your fit
Browse Saddlebag Lake
By feature — on the live map
Where the market lives
The numbers that matter
The Saddlebag Lake market
27
Sold, last 12 months
$135,000
Median sold price
93%
Sale-to-list ratio
What sellers actually get vs asking
140 days
Median time to sell
Saddlebag Lake vs Lake Wales
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▼ 11.7% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Saddlebag Lake boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Saddlebag Lake is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Saddlebag Lake home
≈ $1,245/mo
$129,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$245/mo
Median HOA
From current listings inside the boundary
$1,400/mo
Median rent
Homes for rent inside the boundary
Population
569
Median age
68
Median income
$34,972
Median home value
$83,600
Beyond the listings
Living in Saddlebag Lake
Culture
Top 10% in the U.S.Sites to See
This population finds the most beautiful sites just by looking up. Sunrise, sunset or sometime in between, these people love to marvel at man-made and natural wonders.
Active
Top 10% in the U.S.Outdoor Adventures
Appreciating the outdoors, this population wants to actively engage with nature. Whether it's finding a new hiking trail or looking for the perfect spot to catch the sunset, they seek to explore the world around them.
Hobbies & Interests
Top 20% in the U.S.Wanderlust
Always thinking about their next destination, this population loves exploring new places abroad or right in their own backyard. They hold onto past trips by sharing their favorite memories and pictures year round.
Hobbies & Interests
Top 21% in the U.S.Natural Beauty
This population marvels at the beauty of nature, and they want to capture every breath-taking scene.
Hobbies & Interests
Top 22% in the U.S.Engine Enthusiast
This population loves working on and showing off their cars, trucks and motorcycles. You can find them researching car shows and the hottest models on the lot.
Hobbies & Interests
Top 24% in the U.S.Dog Lovers
Pups are just another member of the family. Dog lovers adore their tail-wagging friends and are looking for new ways to make them happy.
Straight answers
Saddlebag Lake FAQs
Is Saddlebag Lake a good place to live?+
It suits buyers who want a quiet, lower-cost lake-country setting in central Polk County with easy access to Lake Wales and about 75 minutes to Walt Disney World. The housing stock leans small and affordable, and gated streets are available, so it's a sensible fit for downsizers, retirees, and budget-minded first-time owners rather than someone chasing nightlife.
Is Saddlebag Lake expensive?+
No — it's one of the more affordable areas near Lake Wales. The median list price is $129,000 and listings range from $49,000 to $270,000, with no homes currently priced above $1 million. You can compare it against the broader Lake Wales homes for sale to see how far your budget stretches here.
What do homes cost in Saddlebag Lake?+
Expect a median list price around $129,000 and an average of about $152 per square foot, on a median home size near 864 square feet. Over the last 12 months, 26 homes sold at a median price of $135,000, so actual closings have been landing right in that range.
How is the market right now?+
There are 33 active listings and a median 69 days on market, which gives buyers time to shop rather than rush. Sellers are averaging about 93% of their asking price, so there's meaningful room to negotiate on most homes.
What about HOA fees and property taxes?+
The median HOA runs about $245 per month, and many of the gated communities nearby — including Lake Ashton — carry association dues, so confirm what's covered. Median property tax is roughly $1,158 per year, which keeps overall carrying costs low relative to the home prices.
Keep exploring
More Lake Wales neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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