$265,000
4742 Cypress Drive
Lake Wales, FL 33898
Listing updated: June 5, 2026 at 9:13 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage space
Flood zone
About this home
Enjoy true Florida waterfront living at 4742 Cypress Dr in Lake Wales. Available fully furnished. This home sits on a canal with direct access to Lake Pierce, a 3,700-acre Old Florida lake known for peaceful views and excellent bass and speck fishing. An updated seawall, covered dock with two boat slips, and quick access to the open lake make this a great spot for boating and relaxing by the water. The extra-large corner lot offers plenty of room for boats, RVs, or trailers, plus a rear concrete driveway backing directly to the canal and a storage shed for fishing gear, kayaks, and outdoor toys. Inside, the home features a bright Florida room with a new mini-split, an open living and dining area, and a kitchen with stainless steel appliances and breakfast bar. Recent updates include a new roof on the home and shed (2022) and a central A/C replaced in 2018. With a public boat ramp about a mile away, this home is perfect as a full-time residence, seasonal getaway, or weekend lake escape. Available fully furnished.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history126 days on market
- Status: ActiveJan 30, 2026
- Listed$300,000Jan 30, 2026
- Price reduced$265,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 126
- Subdivision
- Palm Acres Sub
- County
- Polk
- Year built
- 1976
- Living area
- 1,364 sq ft
- Price/sq ft
- $194
- Building area
- 1,700 sq ft (Public Records)
- Lot size
- 12,998 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X
- Garage
- 1 spaces
- Annual taxes
- $3,373 (2025)
- Parcel #
- 28-29-08-936670-000220
- Zoning
- R-1
- MLS #
- L4959042
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 1
- Flooring
- Carpet, Luxury Vinyl
- Appliances
- Dishwasher, Microwave, Range, Refrigerator
- Interior features
- Ceiling Fans(s), Thermostat, Window Treatments
- Laundry
- In Garage
- Stories / Levels
- One
- Direction faces
- East
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air, Mini-Split Unit(s)
Parking
- Garage spaces
- 1
- Attached garage
- Yes
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- No Minimum
- Listing terms
- Cash, FHA, USDA Loan, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
- Additional lease restrictions
- buyer or buyer agent responsible to verify
Exterior & Construction
- Exterior features
- Lighting, Other
- Construction materials
- Block
- Roof
- Shingle
- Foundation
- Slab
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Septic Tank
- Water source
- Public
- Utilities
- Cable Available, Electricity Connected, Sewer Connected, Water Connected
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | 18.6x15.2 |
| Dining Room | First | 9.7x11.6 |
| Kitchen | First | 11.5x11.6 |
| Bathroom 1 | First | 5.2x7.11 |
| Bedroom 1 | First | 12.3x11.5 |
| Primary Bedroom | First | 16.3x11.6 |
Listing Details
- Listing date
- 2026-01-30
- On market date
- 2026-01-30
- Original list price
- $300,000
- Occupant type
- Owner
- MLS area
- 33898 - Lake Wales
- Listing AOR
- East Polk
- Status changed
- 2026-01-30
- Tax legal description
- PALM ACRES SUB PB 41 PG 18 LOT 22 & E 25 FT OF S 40 FT OF LOT 23
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
hwy 27s, turn left onot Chalet Suzanne rd, 5.2mi turn left onto Timberlane rd, .6 miles turn right onto palm acres ave, .2 miles turn left onto cypress dr, home is on your left
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Listings courtesy of Stellar MLS as distributed by MLS GRID
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.
Based on information submitted to the MLS GRID as of June 5, 2026 at 9:13 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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