LAKE WALES, FL 33898 130 RIBBON PARKWAY

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Presented By: KELLER WILLIAMS REALTY SMART 1 with 863-508-3000. - 863-508-3000
  • MLS# L4959747
  • 02/19/2026
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Disclaimer: The information contained in this listing has not been verified by Homepride Group at EXP Realty and should be verified by the buyer.
  • SQFT • 2,154
  • Garage • 2

Home Details

Exceptional income-producing waterfront property on peaceful Lake Starr with two private in-law suites — a rare feature few properties offer. This unique property includes a spacious main residence, a detached cottage, and a in-law suite with its own entrance and full privacy — ideal for multigenerational living, extended guests, or rental income. The first in-law suite is a private, attached upstairs suite featuring a full one-bedroom, one-bath layout with living area and full kitchen overlooking beautiful Lake Starr. The lower level provides additional storage and a dedicated laundry area. The second in-law suite is the detached cottage, currently rented, with a functional kitchen, bedroom, living area, ample storage, and washer/dryer hookup. Both in-law suites have separate electric meters, water tanks, and water heaters, allowing for fully independent utility management. Two septic systems — one for the main home and one for the cottage — further enhance flexibility. The main residence offers expansive living space, including a spacious primary suite with a large walk-in closet and an attached room with a private laundry area. Central AC and multiple mini-split systems ensure efficient climate control. Additional updates include a metal roof replacement approximately seven years ago, two storage sheds, and newly installed handicap-accessible railing. Enjoy direct lake access — perfect for kayaking, paddleboarding, canoeing, and fishing — while being conveniently located just north of Downtown Lake Wales with easy access to US-27. This rare waterfront property combines versatile living, strong rental potential, and lifestyle appeal, offering two fully independent in-law suites, privacy, and beautiful lakefront views.
Presented By: KELLER WILLIAMS REALTY SMART 1 with 863-508-3000. - 863-508-3000

Interior Features for 130 RIBBON PARKWAY

Bedrooms

Total Bedrooms

Bathrooms

Total Baths

Other Interior Features

LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace FeaturesWood Burning
Fireplace Y/NYes
FlooringCeramic Tile, Hardwood
Furnished Y/NUnfurnished
Heating Y/NYes
Interior AmenitiesCeiling Fan(s), Solid Wood Cabinets
Laundry FeaturesInside, Laundry Room
Window FeaturesBlinds

General for 130 RIBBON PARKWAY

Additional Parcels Y/NNo
Additional RoomsAttic, Bonus Room, Family Room, Inside Utility, Interior In-Law Suite w/Private Entry
AppliancesDishwasher, Range, Refrigerator
Attached Garage Yes
Body of WaterLAKE STARR
Building Area UnitsSquare Feet
Carport Y/NNo
CityLAKE WALES
Construction MaterialsBrick, Vinyl Siding, Wood Frame
CoolingCentral Air, Mini-Split Unit(s)
CountyPolk
DirectionsFrom Orlando, head south on US-17 S/US-92 W and merge onto US-27 S toward Haines City. Continue on US-27 S for approximately 35 miles, then turn left onto Masterpiece Rd. Follow Masterpiece Rd for about 3 miles; the destination will be on the right.
ElectricPhotovoltaics Seller Owned
Elementary SchoolJanie Howard Wilson Elem
Flood Zone CodeX
Flood Zone Code XY
Garage Spaces2
Garage Y/NYes
Green Energy GenerationSolar
HeatingCentral, Electric
High SchoolLake Wales Senior High
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionMASON VILLA PB 23 PG 6 LOT 11 IN SEC 14 T29 R27
LevelsOne
Listing TermsCash, Conventional, FHA, VA Loan
Living Area UnitsSquare Feet
Lot Size Square Feet15533
Lot Size UnitsSquare Feet
MLS Area33898 - Lake Wales
Middle/Junior High SchoolMclaughlin Middle
Minimum LeaseNo Minimum
New ConstructionNo
Number Of Units Total2
Occupancy TypeTenant
Other StructuresGuest House, Shed(s), Storage
OwnershipFee Simple
Patio/Porch FeaturesCovered, Deck, Patio, Porch, Rear Porch
Pets AllowedYes
Property TypeResidential Income
RoofMetal
Senior Community Y/NNo
SewerSeptic Tank
Standard StatusActive
StatusActive
Subdivision NameMASON VILLA
Tax Annual Amount2581
Tax Lot11
Tax Year2025
Total Actual Rent1230
UtilitiesCable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Private, Public, Water Available, Water Connected
ViewTrees/Woods, Water
Water Access TypeLake
Water Access Y/NYes
Water ViewLake
Water View Y/NYes
Waterfront FeaturesLake Front
Year Built1922

Exterior for 130 RIBBON PARKWAY

Building Area Total3047
Covered Spaces2
Exterior AmenitiesLighting, Private Entrance, Rain Gutters, Sliding Doors, Storage
Foundation DetailsCrawlspace, Slab
Lot FeaturesIn County
Lot Size Acres0.36
Lot Size Area15533
Number of Buildings2
Number of Lots1
Private PoolNo
Road ResponsibilityPublic Maintained Road
Road Surface TypePaved
SpaNo
Water SourceWell
Waterfront Y/NYes

Additional Details

Price History

Steven Pugh

Broker Associate | Team Leader
Price $369,990
MLS#L4959747
List Date 02/19/2026
Property Type Income
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