CEDAR CIRCLE, LAKE WALES, FL, 33898
Active137 days on marketListed Mar 17, 2026MLS #K4903351
About this home
CEDAR CIRCLE
Build your dream home on this beautiful corner lot located on Cedar Circle in Lake Wales! This property offers a peaceful rural setting with the added bonus of a canal that leads directly into the stunning Lake Pierce, a 3,879-acre freshwater lake known for its excellent fishing and natural beauty. Enjoy the tranquility of country living while being just minutes from world-class bass fishing, boating, and outdoor recreation. The corner location provides flexible building options and added accessibility, making it ideal for a weekend retreat, seasonal home, or full-time residence. If you love the outdoors, you'll appreciate being surrounded by Polk County’s lakes and wildlife, with plenty of opportunities for fishing, kayaking, and relaxing by the water. Don’t miss the chance to own a piece of Florida’s natural beauty in this quiet, rural community!
Facts & features
The home at a glance
0.21 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 — not generic estimates.
$507 /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
$507/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
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
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 65% 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 CEDAR CIRCLE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Nov ’25$420,000
3705 PINE CIRCLE · same community
3 bd · 2 ba · 1,624 sqft · $259/sqft · 155 DOM
Sold · Oct ’25$541,000
1518 STOEBER AVENUE · same community
4 bd · 4 ba · 2,500 sqft · $216/sqft · 92 DOM
Sold · Apr ’26$210,000
3718 ADELL ROAD
2 bd · 2 ba · 720 sqft · $292/sqft · 3 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
German Parra Tovar
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about CEDAR CIRCLE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for CEDAR CIRCLE — before you fall in love.
See it in person
Schedule a tour
Live availability from German's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
CEDAR CIRCLE FAQs
What would the monthly payment be for CEDAR CIRCLE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $507/mo — principal and interest, the actual property-tax bill 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.
What are the property taxes on CEDAR CIRCLE?+
The most recent tax bill on record (2025) was $363. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Lake Wales?+
At $50,000, this home is listed about 81% 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 CEDAR CIRCLE?+
Frostproof Ben Hill Griffin Junior Elementary School (elementary) — Polk County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Under the LAKE WALES 33898 market on paper
$50,000 is 65% below the LAKE WALES 33898 median of $141,900.
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
137 days on market against a Lake Wales median of 56 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $62,000, now $50,000 — a $12K cut. The full history is in the market section below.
Listing courtesy of KEYSTONE REALTY · Michelle Hutto. MLS #K4903351.
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.
Never miss a listing
New Lake Wales homes, in your inbox
Like CEDAR CIRCLE but not quite? A daily digest of every new listing in Lake Wales — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask German to ping you on any price or status change →