130 RIBBON PARKWAY LAKE WALES, FL 33898
$375,000
5 Beds
5 Baths
2374 sqft
MLS#
O6319957
Type
Single Family Residence
Status
Active Listing
Square Footage
2,374
Bedrooms
5
Bathrooms
5 full
Year Built
1922
Tax Amount
$2,298
Garage Spaces
2
Property Description
Discover the versatility and income potential of this unique 5-bedroom, 5-bathroom lakefront home on peaceful Lake Starr. Spanning across multiple living areas, the property includes a detached 1-bedroom, 1-bath guest house with lake views, full kitchen, and living space—currently tenant-occupied for rental income. The main residence is thoughtfully divided into flexible sections, perfect for multigenerational living or investment opportunities. A private in-law suite with its own entrance, full bath, and kitchenette is connected to the home— also currently tenant-occupied for rental income., while an additional bedroom also features its own separate entrance, kitchenette, and private bath—ideal for rental or guest use. The main living area includes 3 bedrooms, 3 full bathrooms, an oversized living room, and a bonus room that can serve as a home office, playroom, or extra bedroom. Enjoy tranquil lakefront living with direct access to Lake Starr—ideal for paddleboarding, kayaking, fishing, and canoeing. Located just north of Downtown Lake Wales, this home is close to US-27, offering quick commutes to nearby cities and attractions. With its multi-unit setup, serene views, and flexible layout, this property is perfect for homeowners seeking passive income, investors, or families needing space and privacy.
Cooling:Central Air
Lighting
Storage
Ceiling Fan(s)
Solid Wood Cabinets
per month
Principal & Interest
Property Tax
Mortage Insurance
HOA
Home Owners Insurance
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