1238 S HIGHLAND PARK DRIVE, LAKE WALES, FL, 33898
Active188 days on marketListed Apr 7, 2026MLS #TB8495151
About this home
1238 S HIGHLAND PARK DRIVE
Welcome to the lake life you’ve been waiting for on Lake Easy, a beloved ski lake where every day feels like a getaway. More than a home, this is a lifestyle—days on the water, afternoons by the pool, and evenings around the fire pit as the sun sets over the lake. Set along the shoreline of Lake Easy, this one-of-a-kind home offers direct waterfront access and a white-sand shoreline perfect for enjoying everything lake life has to offer. A removable private dock and covered boat lift are currently in place and available for separate purchase, but are not included at the current list price. Inside, timeless character meets thoughtful updates. Original wood floors and architectural details preserve the home's historic charm, while a beautifully remodeled kitchen and approximately $100,000 in improvements provide the comfort and convenience of modern living. A newer roof adds another important advantage in today's insurance-conscious market. The flexible guest suite is another standout feature, offering a private bedroom, laundry area, and separate living space that can serve as a sitting room or office. The area can be closed off from the main home, creating possibilities for guests, multigenerational living, or future income potential. Existing plumbing also provides an opportunity to add a private bath and create an even more independent suite. Whether you're searching for a full-time residence, weekend escape, or a waterfront property with character, flexibility, and room to make it your own, this home delivers. Located outside a high-risk flood zone, it offers additional peace of mind for today's buyer. Historic charm. Modern updates. Poolside afternoons. White-sand shoreline. And a ski lake waiting just outside your door. Life comes easy on Lake Easy.
Facts & features
The home at a glance
4
Bedrooms
2
Bathrooms
2,816
Sqft
0.96 ac
Lot size
1926
Year built
One
Levels
$195
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.
$4,264 /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
$4,264/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
−11.4%
$/sqft vs Lake Wales actives
$195 vs $167
Days on market
188 vs 84 typical
Where $195/sqft sits among the 383 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 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)
178 of 383
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 293% 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 1238 S HIGHLAND PARK 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$119,000
1830 E GEORGIA STREET · same community
3 bd · 1 ba · 1,292 sqft · $92/sqft · 74 DOM
Sold · Dec ’25$270,000
1165 FAIRVIEW AVENUE · same community
3 bd · 2 ba · 1,227 sqft · $220/sqft · 47 DOM
Sold · Jan ’26$169,000
1115 S VIRGINIA AVENUE · same community
3 bd · 1 ba · 968 sqft · $175/sqft · 124 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 1238 S HIGHLAND PARK DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1238 S HIGHLAND PARK DRIVE — 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
1238 S HIGHLAND PARK DRIVE FAQs
What would the monthly payment be for 1238 S HIGHLAND PARK DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $4,264/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 1238 S HIGHLAND PARK DRIVE?+
The most recent tax bill on record (2025) was $7,486. 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 1238 S HIGHLAND PARK DRIVE?+
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 $549,900, this home is listed about 124% above the Lake Wales median of $245,000. The market section on this page shows how the area is trending.
Which schools are assigned to 1238 S HIGHLAND PARK DRIVE?+
Spook Hill 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
01Positioned at the premium end
$549,900 runs 293% above the LAKE WALES 33898 median — but at 2,816 sqft it's also nearly twice the size of the typical Lake Wales listing.
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
188 days on market against a Lake Wales median of 84 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $675,000, now $549,900 — a $125K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of PREMIER SOTHEBYS INTL REALTY · Sandi McGlathery. MLS #TB8495151.
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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