103 CHERRYWOOD DRIVE, LAKE WALES, FL, 33898
Active13 days on marketListed Sep 29, 2026MLS #S5158530
About this home
103 CHERRYWOOD DRIVE
Welcome to easy Florida living in the desirable 55+ community of Twin Fountains! This meticulously maintained 3-bedroom, 2-bathroom manufactured home was built in 2005 and sits on its OWN LAND, no lot rent! Ideally positioned on a spacious corner lot directly across from the clubhouse and community pool, this home offers a comfortable layout, great outdoor space & a convenient location. Step inside to a bright and inviting open floor plan featuring a spacious living room and a well-designed kitchen with plenty of cabinet and counter space. The split-bedroom layout provides added privacy, with the primary suite located on one side of the home and the two guest bedrooms on the opposite side. The primary bedroom features an ensuite bathroom with dual sinks and a walk-in shower. A dedicated indoor laundry room includes built-in cabinetry for additional storage, and the washer and dryer are included with the home. Step outside and enjoy the Florida weather from the screened-in porch, an ideal spot for morning coffee, relaxing afternoons or visiting with friends and neighbors. A separate workshop provides additional space for storage, hobbies and projects. Additional features include a newer water heater and the home has a water softener system. Twin Fountains offers an affordable $180 monthly HOA fee that includes water, sewer, lawn maintenance, internet and cable, allowing for a low-maintenance lifestyle. Community amenities include a heated pool, clubhouse, shuffleboard and an optional storage area, subject to availability. Conveniently located near Highway 27 with easy access to Dundee, Winter Haven and Lake Wales, you’ll be close to shopping, restaurants, medical facilities and everyday conveniences. Central Florida attractions, including Walt Disney World, are approximately an hour away, while Florida’s east and west coasts are within approximately 1.5 to 2 hours. Whether you're looking for a full-time residence or a Florida getaway, this well-maintained home combines OWNED LAND, a spacious corner lot, a desirable location across from the clubhouse and pool, and the convenience of an active 55+ community. Come discover the easygoing Florida lifestyle at Twin Fountains!
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,188
Sqft
0.13 ac
Lot size
2005
Year built
One
Levels
$135
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.
$1,442 /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
$1,442/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
+9.8%
$/sqft vs TWIN FOUNTAINS INC A CONDO MHP
$135 vs $103
Days on market
13 vs 84 typical
Where $135/sqft sits among the 9 homes for sale in TWIN FOUNTAINS INC A CONDO MHP
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 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 → $249K
Lake Wales median sold, yr/yr
96.3%
Sale-to-list ratio (12 mo)
5 of 9
TWIN FOUNTAINS INC A CONDO MHP have cut their price
Median sold price, Lake Wales, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 14% 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 103 CHERRYWOOD DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$147,000
281 EDGEWOOD BOULEVARD · same community
2 bd · 2 ba · 1,188 sqft · $124/sqft · 138 DOM
Sold · Nov ’25$165,000
6317 TREASURE VALLEY LOOP UNIT 137 · same community
2 bd · 2 ba · 1,242 sqft · $133/sqft · 266 DOM
Sold · Jul ’26$70,000
6356 BEECHWOOD AVENUE · same community
2 bd · 1.5 ba · 1,288 sqft · $54/sqft · 53 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
Tommy Trainer
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 103 CHERRYWOOD DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 103 CHERRYWOOD DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Tommy's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
103 CHERRYWOOD DRIVE FAQs
What would the monthly payment be for 103 CHERRYWOOD DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,442/mo — principal and interest, the actual property-tax bill, the $180/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 103 CHERRYWOOD DRIVE?+
The association fee works out to $180 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 103 CHERRYWOOD DRIVE?+
The most recent tax bill on record (2026) was $1,080. 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 103 CHERRYWOOD DRIVE?+
The listing reports pets: Number Limit, Size Limit, 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 $159,900, this home is listed about 35% 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 103 CHERRYWOOD DRIVE?+
Spook Hill 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 RE/MAX HERITAGE PROFESSIONALS · Patricia De Graaff, LLC. MLS #S5158530.
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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