40 SADDLEBAG TRAIL N, LAKE WALES, FL, 33898
Active45 days on marketListed Aug 28, 2026MLS #K4903738
About this home
40 SADDLEBAG TRAIL N
A two bedroom, FULLY RENOVATED and furnished home for under $70,000? Hard to believe, but it's true! The home is located in the much-loved 55+ community of Saddlebag Lake Resort, where you OWN THE LAND! There is laminate flooring throughout so it's easy to keep clean. You'll love the kitchen, with it's many cabinets and lots of counter space, and there's even an island for extra prep work and for sitting at to enjoy a meal. Upstairs you'll find two good size bedrooms, a nicely redone bathroom and loads of storage space. Outside you'll see the driveway is large enough to accommodate two vehicles, and out back there's a patio for grilling and a shed for all your tools. The home backs up to the orange grove, so you will have no rear neighbors, and is situated near the back of the resort so the traffic is minimal. Pets are welcome here, you'll be close to the dog park so you can let your furry family members run around. Enjoy all the resort has to offer, including the sparkling community pool, hot tub and saunas, tennis and pickle ball courts, shuffleboard and horse shoes, the rec room with pool tables and fitness equipment, boating and fishing on Saddlebag Lake, the clubhouse with planned activities and more - this is truly a must see! Call now for your private tour!
Facts & features
The home at a glance
2
Bedrooms
1
Bathrooms
642
Sqft
0.12 ac
Lot size
1976
Year built
Two
Levels
$107
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.
$933 /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
$933/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.
vs edgeAI estimate
−8.2%
$/sqft vs SADDLEBAG LAKE
$107 vs $149
Days on market
45 vs 84 typical
Where $107/sqft sits among the 29 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 → $249K
Lake Wales median sold, yr/yr
96.3%
Sale-to-list ratio (12 mo)
11 of 29
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% 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 40 SADDLEBAG TRAIL N
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$62,000
121 SADDLEBAG TRAIL · same community
1 bd · 1 ba · 570 sqft · $109/sqft · 117 DOM
Sold · Mar ’26$60,000
8 RED QUILL CIRCLE · same community
1 bd · 1 ba · 730 sqft · $82/sqft · 5 DOM
Sold · Jul ’26$62,000
21 SADDLEBAG TRAIL S · same community
1 bd · 1.5 ba · 732 sqft · $85/sqft · 302 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
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 40 SADDLEBAG TRAIL N — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 40 SADDLEBAG TRAIL N — 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
40 SADDLEBAG TRAIL N FAQs
What would the monthly payment be for 40 SADDLEBAG TRAIL N?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $933/mo — principal and interest, the actual property-tax bill, the $245/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 40 SADDLEBAG TRAIL N?+
The association fee works out to $245 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 40 SADDLEBAG TRAIL N?+
The most recent tax bill on record (2025) was $1,091. 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 40 SADDLEBAG TRAIL N?+
The listing reports pets: Cats OK, Dogs OK. 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 $69,000, this home is listed about 72% below the Lake Wales median of $245,000. The market section on this page shows how the area is trending.
Which schools are assigned to 40 SADDLEBAG TRAIL N?+
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.
Keep looking
Similar homes nearby
Listing courtesy of BENDER REALTY, LLC · Kris Bender. MLS #K4903738.
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 40 SADDLEBAG TRAIL N 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 Gianfranco to ping you on any price or status change →