$274,900
505 Petteway Drive
Lakeland, FL 33805
Listing updated: June 17, 2026 at 5:10 PM ET
Listing courtesy of Dalton Wade Inc · Alexandra Rad · MLS #TB8497787 · Active · 888-668-8283Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
MASSIVE PRICE ADJUSTMENT! FHA & VA FINANCING WELCOME! Unmatched value for a fully renovated, 1,885 sq. ft. turn-key home. Welcome to your dream home at 505 Petteway Dr, a stunning 2006 build, 3-bedroom, 2-bathroom sanctuary tucked away on a peaceful dead-end street in Lakeland with NO HOA. This property has been meticulously transformed with high-end finishes, boasting a NEW roof (2026), a NEW AC system with NEW AC ducts (2026), and a NEW septic pump (2026) for total peace of mind and an effortless appraisal. The interior radiates with a full NEW paint job and gorgeous NEW luxury vinyl flooring that flows seamlessly into a chef-inspired kitchen featuring sleek NEW cabinets. The spacious master suite serves as a true retreat, featuring an elegant en-suite shower and dual walk-in closets, while every guest bedroom throughout the home is thoughtfully finished with built-in closet systems for maximum storage. Both bathrooms have been elegantly upgraded with NEW tiled showers and NEW vanities. Complete with a convenient storage shed and mature landscaping. Fully seasoned for FHA/VA financing and priced to compete—all that's left to do is move in!
Local Insight
At $146/sqft on a 2006 build with no HOA, this is hitting below Lakeland's median price point, which makes sense for a property in this era and condition—worth digging into inspection details and any deferred maintenance that might explain the value. The Glenwood Park location puts you in an established neighborhood without the overhead of HOA fees, though you'll want to confirm what that trade-off looks like in terms of street maintenance and community upkeep. Being in flood zone X is a genuine plus for insurance costs and peace of mind, especially if you're comparing to properties in the lake-heavy neighborhoods nearby.
AI-generated insight based on listing data and neighborhood context. Verify independently.
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 history62 days on market
- Status: ActiveApr 16, 2026
- Listed$315,000Apr 16, 2026
- Price reduced$274,900
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 62
- Subdivision
- Glenwood Park
- County
- Polk
- Year built
- 2006
- Living area
- 1,885 sq ft
- Price/sq ft
- $146
- Building area
- 1,980 sq ft (Public Records)
- Lot size
- 9,723 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X
- Annual taxes
- $353 (2025)
- Parcel #
- 23-27-36-015500-003013
- MLS #
- TB8497787
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 2
- Flooring
- Luxury Vinyl
- Appliances
- Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Interior features
- Ceiling Fans(s), High Ceilings, Open Floorplan, Thermostat, Walk-In Closet(s)
- Laundry
- Laundry Room
- Stories / Levels
- One
- Direction faces
- South
Heating & Cooling
- Heating
- Heat Pump
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
- Additional lease restrictions
- Buyer to verify lease restrictions
Exterior & Construction
- Exterior features
- Private Entrance, Private Mailbox, Storage
- Construction materials
- Frame
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Septic Tank
- Water source
- Public
- Utilities
- Electricity Connected, Water Connected
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | First | |
| Bedroom 1 | First | |
| Bedroom 2 | First | |
| Primary Bathroom | First | |
| Bathroom 2 | First | |
| Kitchen | First | |
| Living Room | First | |
| Laundry | First | |
| Dining Room | First | |
| Laundry | First | |
| Balcony/Porch/Lanai | First |
Listing Details
- Listing date
- 2026-04-09
- On market date
- 2026-04-16
- Original list price
- $315,000
- Occupant type
- Vacant
- MLS area
- 33805 - Lakeland / Gibsonia
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-04-16
- Tax legal description
- GLENWOOD PARK PB 9 PG 25 BLK C LOT 1 W1/2 OF S1/2
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
Take Exit 33 for FL-33 toward Lakeland/Polk City. Turn Right onto FL-33 S (also known as Lakeland Hills Blvd). Continue straight for about 2 miles, then turn Left onto East Robson St. Turn Left onto N Combee Rd (FL-659). Turn Right onto Petteway Dr. Follow Petteway Dr all the way to the end of the dead-end street; 505 Petteway Dr will be on your right.
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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 17, 2026 at 5:10 PM 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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