16 QUEEN OF WATERS STREET, LAKE WALES, FL, 33898
Active281 days on marketListed Nov 14, 2025MLS #K4903141
About this home
16 QUEEN OF WATERS STREET
Beautiful mostly furnished WATERFRONT 2/2 manufactured home in the premier pet friendly 55+ gated community of Saddlebag Lake Resort, where you OWN the land! The home has an open concept main living area, perfect for gathering with family or friends. The well-appointed kitchen has plenty of cabinets, and the island defines the space while providing an additional food prep area. You'll love the large owners suite, with ensuite bathroom, and your guests will have their own retreat and separate bathroom. The full width covered patio at the back of the home offers breathtaking views of the water! The metal roof gives peace of mind for years to come, and the two-car carport will keep your vehicles cool and dry. Enjoy resort style living year round, or make this your winter getaway! The low HOA includes your water, sewer and garbage, as well as maintenance of all the amenities, including the clubhouse, where you can participate in planned activities, the community pool and hot tub, tennis and pickleball courts, fitness center, shuffleboard courts, a rec room with saunas and pool tables, a beach house complete with a full kitchen and covered patio that you can use free of charge for private parties, just reserve it. Get to know your neighbors by joining a club, or spend your days in solitude on the water, fishing and boating. Your furry family members will be happy running around to their heart's content at the dog park at the back of the resort, complete with a new dog wash station. You won't even have to leave the resort to get your mail, there's a post office on site. With so much to offer, this home won't last long so call now to schedule your private tour, and start living your best life!
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
840
Sqft
0.1 ac
Lot size
2009
Year built
One
Levels
$256
Per sqft
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.
$1,808 /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
$1,808/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.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs SADDLEBAG LAKE
$256 vs $155
Days on market
281 vs 57 typical
Where $256/sqft sits among the 22 homes for sale in SADDLEBAG LAKE
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Saddlebag Lake
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Lake Wales. See the full Lake Wales guide →
Saddlebag Lake — neighborhood snapshot
Population
569
Median age
68
Median income
$34,972
Median home value
$83,600
Avg household
1
Households w/ children
16%
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 → $271K
Lake Wales median sold, yr/yr
96.3%
Sale-to-list ratio (12 mo)
10 of 22
SADDLEBAG LAKE have cut their price
Median sold price, Lake Wales, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 51% above the LAKE WALES 33898 median. See the full Lake Wales market guide →
Paper trail
This home's history
Reality check
What actually sold near 16 QUEEN OF WATERS STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$145,000
5 GRAYHACKLE STREET · same community
2 bd · 2 ba · 836 sqft · $173/sqft · 4 DOM
Sold · Jan ’26$140,000
106 SADDLEBAG TRAIL · same community
2 bd · 2 ba · 864 sqft · $162/sqft · 101 DOM
Sold · Mar ’26$135,000
23 SADDLEBAG TRAIL · same community
2 bd · 2 ba · 816 sqft · $165/sqft · 142 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
Chad Creech
President, Commercial and Development Services · CENTURY 21 Edge
Tours, negotiation, and every question about 16 QUEEN OF WATERS STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 16 QUEEN OF WATERS STREET — before you fall in love.
See it in person
Schedule a tour
Live availability from Chad's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
16 QUEEN OF WATERS STREET FAQs
What would the monthly payment be for 16 QUEEN OF WATERS STREET?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,808/mo — principal and interest, the actual property-tax bill, the $227/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 16 QUEEN OF WATERS STREET?+
The association fee works out to $227 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 16 QUEEN OF WATERS STREET?+
The most recent tax bill on record (2024) was $729. 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 16 QUEEN OF WATERS STREET?+
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 $214,900, this home is listed about 17% below the Lake Wales median of $258,900. The market section on this page shows how the area is trending.
Which schools are assigned to 16 QUEEN OF WATERS STREET?+
Spook Hill Elementary School (elementary), Bartow Senior High School (high) — Polk County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$214,900 runs 51% above the LAKE WALES 33898 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
281 days on market against a Lake Wales median of 57 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $224,900, now $214,900 — a $10K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of BENDER REALTY, LLC · Kris Bender. MLS #K4903141.
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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