502 Canal Drive, FL
Stellar MLS

$329,000

502 Canal Drive

Lake Wales, FL 33859

Listing updated: June 6, 2026 at 6:52 AM ET

Active
3
Beds
3
Baths
1,975
Sq Ft
0.33
Acres
1965
Built
WaterfrontWater accessPrivate pool$167/sqft360° tour
Single Family Residence

Property type

1965

Year built

14,527 sqft

Lot size

$167

Price / sq ft

No HOA

HOA dues

1

Day on market

X500

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

Principal & interest$1,664
Property taxes$171
Home insurance (est.)$151

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

  1. Status: Active
    Jun 5, 2026
  2. Listed$329,000
    Jun 5, 2026
  3. 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

Ask about this home

Have a question? Ask the broker directly.

Ryan Solberg answers personally — no call center, no spam. Your question goes straight to him.

Your question is private and goes only to Ryan — it is never published on this page.

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

RoomLevelDimensions
KitchenFirst
Living RoomFirst
Primary BedroomFirst

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 riskFEMA Zone X500Panel 12105C0730G

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).

More homes like this

MLS GRID

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.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA