$329,000
502 Canal Drive
Lake Wales, FL 33859
Listing updated: June 6, 2026 at 6:52 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Day on market
Flood zone
About this home
Motivated seller! Discover the perfect blend of comfort, style, and waterfront charm in this beautifully designed 3-bedroom, 3-bath split-plan home on the pristine shores of Crooked Lake. Offering breathtaking lake views and a private backyard oasis, this home is made for both entertaining and everyday living. Inside, the thoughtfully laid-out split floor plan provides privacy and convenience. Two of the three spacious bedrooms offer direct access to the pool area, creating a seamless flow between indoor comfort and outdoor enjoyment. Step outside to your own personal paradise—featuring a sparkling in-ground pool, relaxing spa, expansive back patio, and a fully-equipped outdoor bathroom and shower for poolside ease. Whether you're hosting a barbecue, enjoying a sunset over the water, or heading out for a day on the lake, this home has it all. With direct lake access, lush landscaping, and resort-style amenities, this one-of-a-kind Crooked Lake property is truly a rare find.
Local Insight
At $167/sqft for a waterfront home with pool access in Lake Wales, you're getting solid value compared to the Polk County sprawl alternatives, but you need to verify what "water access" actually means—whether it's direct lakefront or shared community access—since that fundamentally changes the property's appeal and resale potential. The 1965 build in a town that prizes historic character could be an asset if the bones are solid, but plan on inspecting thoroughly for the typical issues of a nearly 60-year-old home, especially given Florida's moisture and salt concerns even at this elevation.
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 history1 days on market
- Status: ActiveJun 5, 2026
- Listed$329,000Jun 5, 2026
- Price increased$329,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 1
- Subdivision
- Crooked Lake Park Tr 05
- County
- Polk
- Year built
- 1965
- Living area
- 1,975 sq ft
- Price/sq ft
- $167
- Building area
- 3,240 sq ft (Public Records)
- Lot size
- 14,527 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X500 (12105C0730G)
- Pool
- Private pool
- Annual taxes
- $2,046 (2024)
- Parcel #
- 27-30-35-928400-022050
- Zoning
- R-1
- MLS #
- P4938915
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 3
- Flooring
- Tile
- Appliances
- Other
- Interior features
- Ceiling Fans(s), Stone Counters, Thermostat
- Laundry
- Laundry Room
- Stories / Levels
- One
- Direction faces
- North
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Carport
- Yes
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional, FHA, Owner Financing, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- French Doors
- Construction materials
- Block
- Roof
- Metal
- Foundation
- Slab
- Pool
- Private pool
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | First | |
| Living Room | First | |
| Primary Bedroom | First |
Listing Details
- Listing date
- 2026-06-03
- On market date
- 2026-06-05
- Original list price
- $329,000
- Occupant type
- Vacant
- MLS area
- 33859 - Lake Wales
- Listing AOR
- East Polk
- Status changed
- 2026-06-05
- Tax legal description
- CROOKED LAKE PARK TRACT NO 5 PB 42 PG 42 BLK V LOT 5
Flood risk
Moderate-risk area (0.2% annual-chance / “500-year” floodplain). Flood insurance is recommended but usually not required.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
27 and 60 go south for about 4.5 miles. Turn left onto Sunshine and then again on Canal (House is on 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 6, 2026 at 6:52 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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