4950 Lake Pierce DRIVE, Lake Wales, FL, 33898 | $789,865

Welcome to your dream lakefront retreat! This stunning property offers the perfect blend of luxury, comfort, and serene lake living on a sprawling 1. 87-acre lot. Located on beautiful Lake Pierce, this home boasts 4 full bedrooms and 4 full bathrooms, ensuring ample space for family and guests. The spacious master bedroom is a true sanctuary with a wood-burning fireplace, a luxurious walk-in shower with a glass door and stone accents, a granite vanity with a fossil sink, and a Kohler jacuzzi bathtub. The walk-in closet adds the finishing touch to this elegant space. Recently renovated, the kitchen features stunning waterfall granite countertops, upgraded cabinetry, and a cozy sitting area, perfect for casual meals. Additionally, the home includes a versatile flex room that can serve as a dining area or office space, offering plenty of options for hosting family and friends. Two charming loft-style bedrooms on the second floor, each with their own full bathrooms and walk-in closets, provide cozy and private living quarters for family or guests. Gather around the wood-burning fireplace in the family room for cozy evenings in. Enjoy year-round swimming in your private, screened-in pool with brand-new pavers. This outdoor oasis is perfect for relaxation or entertainment. Both the front and back porches are screened, allowing you to enjoy the outdoors comfortably. The back porch seamlessly connects to the private dock, offering direct access to Lake Pierce for fishing, boating, and water sports. The detached metal garage is a massive 1, 000 sq. ft. garage that provides ample space for vehicles, storage, or a workshop. Enjoy peace of mind with a new roof installed in July 2024 and an A/C system installed in 2023 for optimal energy efficiency. All bathrooms throughout the house have been tastefully upgraded, providing modern comfort and style. Just 10 minutes away, you'll find all the amenities you need, including Home Depot, Eagle Ridge Mall, Publix, Planet Fitness, Chili’s Grill & Bar, Aldi, and Kohl’s. This property is a rare find that offers the best of both worlds – a peaceful lakeside retreat with modern conveniences just minutes away. Don’t miss out on the opportunity to make this exceptional lake house your forever home!

Features

  • Rooms: 4
  • Bedrooms: 4
  • Baths: 4 full
  • Lot Size: 100 x 212
  • Laundry: In Kitchen, Laundry Closet
  • Year Built: 1983
  • Garage: 2-car
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 3,692
  • Acreage: 1.87
  • Lot Size: 100 x 212
  • Est. Taxes: $7,788
  • HOA Fee: $600 Annually
  • Elem. School: Sandhill Elem
  • Middle School: Union Academy Magnet
  • High School: Winter Haven Senior
  • Pool: In Ground, Screen Enclosure
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Washer
  • MLS#: O6236696
  • Days on Market: 40 days
  • Website: https://www.raveis.com
    /prop/O6236696/4950lakepiercedrive_lakewales_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 11/9/2024 3:09:02 PM)
Listing courtesy of VESTI LLC   Phone: 407-749-5489

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

4950 Lake Pierce DRIVE, Lake Wales, FL, 33898

$789,865

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $631,892 $631,892 $631,892
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.875% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.551% 7.042% 6.160%
Monthly Tax Payment $649 $649 $649
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,204 $4,151 $5,329
Total Monthly Payment $4,945 $4,892 $6,070

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.