$40,000
Cedarwood Drive
Lake Wales, FL 33898
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Rare opportunity to own a buildable 0.74-acre homesite in the growing Lake Wales area with NO HOA. This property consists of two adjoining parcels being sold together and qualifies as a legal buildable lot under current county regulations. With new zoning requiring a minimum of 5 acres, properties like this are increasingly rare, making this a unique opportunity for homeowners and builders. The land is fully buildable, making it perfect for a custom home, investment property, or future development. These parcels are located in a growing and desirable area of Polk County, surrounded by expanding communities, new construction, and convenient access to major highways connecting you to Lakeland, Winter Haven, Orlando, and Tampa. Not sure where to start with building your new home? The seller can assist you every step of the way, from obtaining permits and preparing the land to construction and handing over the keys to your brand-new home. Don’t miss this opportunity!
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 history9 days on market
- Status: ActiveMay 29, 2026
- Listed$40,000Apr 21, 2026
- Price increased$40,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 9
- Subdivision
- Walk In Water Lake Estates Ph 03
- County
- Polk
- Price/sq ft
- $1
- Lot size
- 32,234 sq ft
- Lot category
- 1/2 to less than 1
- Flood zone
- X (12105C0755G)
- Annual taxes
- $278 (2025)
- Parcel #
- 29-30-29-992920-018080
- MLS #
- S5148266
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash
- Ownership
- Other
Exterior & Construction
- Road surface
- Asphalt
Utilities
- Sewer
- None
- Water source
- None
- Utilities
- Electrical Nearby, Water Nearby
Listing Details
- Listing date
- 2026-04-21
- On market date
- 2026-04-21
- Original list price
- $40,000
- MLS area
- 33898 - Lake Wales
- Listing AOR
- Osceola
- Status changed
- 2026-05-29
- Tax legal description
- WALK-IN-WATER LAKE ESTATES PHASE 3 UNIT 4 PB 72 PG 10 BLK R LOT 8
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 Peavine Rd to FL 60 W. Turn right at FL 60W, turn left in Walk in the Water, right on Sheppard Dr/Cedarwood Dr. Lot is in the right side.
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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 May 29, 2026 at 2:08 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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