RIVER RANCH, LAKE WALES, FL, 33898
Active339 days on marketListed Aug 28, 2025MLS #A4658126
About this home
RIVER RANCH
Approximately 1.25 acres located in the East 1/2 of the Southeast 1/4 of the Northwest 1/4 of the Northwest 1/4 of the Southwest 1/4, this rural parcel offers a peaceful and private setting ideal for recreational use, investment, or an off-grid homestead. The land is generally undeveloped, providing a blank canvas for future possibilities. Utilities and access to the property should be verified by the buyer, as well as zoning regulations with the local county planning department. This is a great opportunity for those seeking space, quiet, and potential in a natural setting.
Facts & features
The home at a glance
1.26 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$310 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$310/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Lake Wales
Get to know Lake Wales. See the full Lake Wales guide →
LAKE WALES 33898 — neighborhood snapshot
Population
18,426
Median age
46.9
Median income
$54,778
Median home value
$161,500
Avg household
2.51
Households w/ children
1,790
For the school run
Polk County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Lake Wales market
$275K → $275K
Lake Wales median sold, yr/yr
96.3%
Sale-to-list ratio (12 mo)
Median sold price, Lake Wales, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 86% below the LAKE WALES 33898 median. See the full Lake Wales market guide →
Paper trail
This home's history
Reality check
What actually sold near RIVER RANCH
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$160,000
47 PALAMINO PATH
1 bd · 1 ba · 480 sqft · $333/sqft · 81 DOM
Sold · Jun ’26$142,000
3200 RIVER RANCH BOULEVARD UNIT 303
1 bd · 1 ba · 555 sqft · $256/sqft · 233 DOM
Sold · Oct ’25$162,000
3200 RIVER RANCH BOULEVARD UNIT 204
1 bd · 1 ba · 629 sqft · $258/sqft · 388 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Gianfranco Di Flumeri Petrelli
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about RIVER RANCH — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for RIVER RANCH — before you fall in love.
See it in person
Schedule a tour
Live availability from Gianfranco's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
RIVER RANCH FAQs
What would the monthly payment be for RIVER RANCH?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $310/mo — principal and interest, the actual property-tax bill, the $15/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at RIVER RANCH?+
The association fee works out to $15 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on RIVER RANCH?+
The most recent tax bill on record (2024) was $106. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at RIVER RANCH?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Lake Wales?+
At $20,000, this home is listed about 92% below the Lake Wales median of $256,490. The market section on this page shows how the area is trending.
Which schools are assigned to RIVER RANCH?+
Frostproof Ben Hill Griffin Junior Elementary School (elementary) — Polk County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of PREFERRED SHORE LLC · Daniel Steele. MLS #A4658126.
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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