
338 1ST AVENUE N, LAKE WALES, FL, 33859
Active109 days on marketListed Jun 25, 2026MLS #L4963018
About this home
338 1ST AVENUE N
Virtually Staged. CANAL FRONT LEADING TO CROOKED LAKE: Here’s your opportunity to own a Florida fishing getaway with direct boat access to one of Central Florida’s most sought-after lakes—without the typical premium waterfront price tag. Whether you’re searching for a winter escape, weekend fishing retreat, full-time residence or investment property, this canal-front home puts approximately 5,500 acres of clear-water boating and fishing practically in your backyard. Built in 2000, this spacious 3-bedroom, 2-bath manufactured home offers more than 1,400 square feet of open living space with vaulted ceilings, abundant natural light, a generous great room, dining area and oversized kitchen with extensive cabinetry and breakfast bar. The split-bedroom floor plan provides privacy, while the spacious primary suite features a walk-in closet, garden tub, separate shower and private bath. Recent improvements include a new roof in 2018, HVAC system in 2023, water heater in 2018 and storage shed in 2021. Kitchen appliances plus the washer and dryer are included, making this an easy property to start enjoying right away. But the real attraction is the WATER! Step outside to a fenced backyard, rear deck overlooking the canal and direct boat access to Crooked Lake. The large storage shed with roll-up door provides plenty of room for fishing equipment, tools, a golf cart and water toys. Neighboring properties have private docks, making it easy to envision adding your own dock, subject to any required approvals. Crooked Lake is approximately 5,500 acres and has long been known for its clear water, natural beauty and excellent largemouth bass fishing. Spend your mornings chasing bass, afternoons cruising the lake and evenings relaxing along the water. Beyond fishing, the lake offers plenty of room for boating, water skiing and other watersports. Crooked Lake is also designated an Outstanding Florida Water, recognizing its exceptional environmental and ecological significance. NO HOA means more freedom to enjoy your Florida property your way. The home is also conveniently located near golf courses, numerous additional fishing lakes, restaurants, shopping and everyday conveniences, with Webber International University and Warner University nearby. If your idea of a Florida getaway includes warm winter days, a boat, a fishing rod and thousands of acres of water to explore, this property deserves a closer look. Bring the fishing gear and start enjoying the Florida lake lifestyle!
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,404
Sqft
0.15 ac
Lot size
2000
Year built
One
Levels
$149
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 — not generic estimates.
$1,730 /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
$1,730/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
+17.7%
$/sqft vs Lake Wales actives
$149 vs $167
Days on market
109 vs 84 typical
Where $149/sqft sits among the 382 Lake Wales actives
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 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 33859 — neighborhood snapshot
Population
10,827
Median age
50.2
Median income
$61,871
Median home value
$200,300
Avg household
2.36
Households w/ children
878
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)
178 of 382
Lake Wales actives have cut their price
Median sold price, Lake Wales, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 20% below the LAKE WALES 33859 median. See the full Lake Wales market guide →
Paper trail
This home's history
Reality check
What actually sold near 338 1ST AVENUE N
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$140,000
201 CALOOSA LAKE CIRCLE S · same community
2 bd · 2 ba · 1,404 sqft · $100/sqft · 2 DOM
Sold · Mar ’26$105,000
4640 CALOOSA BOULEVARD · same community
2 bd · 2.5 ba · 1,490 sqft · $70/sqft · 77 DOM
Sold · Aug ’26$82,000
218 CALOOSA LAKE CIRCLE N UNIT 110 · same community
3 bd · 2 ba · 1,512 sqft · $54/sqft · 0 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
Iain Robinson
Broker Associate · CENTURY 21 Edge
Tours, negotiation, and every question about 338 1ST AVENUE N — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 338 1ST AVENUE N — before you fall in love.
See it in person
Schedule a tour
Live availability from Iain's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
338 1ST AVENUE N FAQs
What would the monthly payment be for 338 1ST AVENUE N?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,730/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 338 1ST AVENUE N?+
The most recent tax bill on record (2025) was $2,963. 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 338 1ST AVENUE N?+
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 $209,000, this home is listed about 15% 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 338 1ST AVENUE N?+
Spook Hill Elementary School (elementary), Winter Haven Senior High School (high) — Polk County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the LAKE WALES 33859 market on paper
$209,000 is 20% below the LAKE WALES 33859 median of $261,990, and at $149/sqft it sits under the Lake Wales average of $188.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03The price has already moved
Listed at $225,000, now $209,000 — a $16K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of THE STONES REAL ESTATE FIRM · Michael Stone. MLS #L4963018.
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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