130 Ribbon Parkway, LAKE WALES, FL 33898
Local realty services provided by:Better Homes and Gardens Real Estate Synergy



Listed by:daniel betancourt
Office:exp realty llc.
MLS#:O6319957
Source:MFRMLS
Price summary
- Price:$420,000
- Price per sq. ft.:$137.84
About this home
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.
Contact an agent
Home facts
- Year built:1922
- Listing Id #:O6319957
- Added:26 day(s) ago
- Updated:August 26, 2025 at 12:20 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Full bathrooms:5
- Living area:2,374 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric
Structure and exterior
- Roof:Metal
- Year built:1922
- Building area:2,374 sq. ft.
- Lot area:0.36 Acres
Schools
- High school:Lake Wales Senior High
- Middle school:Mclaughlin Middle
- Elementary school:Janie Howard Wilson Elem
Utilities
- Water:Public, Water Available, Water Connected, Well
- Sewer:Private, Public, Septic Tank
Finances and disclosures
- Price:$420,000
- Price per sq. ft.:$137.84
- Tax amount:$2,298 (2024)
New listings near 130 Ribbon Parkway
- New$165,000Active2 beds 2 baths1,280 sq. ft.
9201 Village Drive #I-21, LAKE WALES, FL 33898
MLS# P4936058Listed by: COLDWELL BANKER REALTY - New$529,900Active4 beds 4 baths3,265 sq. ft.
1041 Sunset Drive, LAKE WALES, FL 33853
MLS# P4935827Listed by: COLDWELL BANKER REALTY - New$147,000Active1 beds 1 baths648 sq. ft.
3711 Club Circle, LAKE WALES, FL 33898
MLS# TB8421109Listed by: SIGNATURE REALTY ASSOCIATES - New$924,000Active38.5 Acres
Address Withheld By Seller, LAKE WALES, FL 33898
MLS# P4936025Listed by: CROSBY & ASSOCIATES, INC. - New$419,900Active3 beds 2 baths2,312 sq. ft.
4496 Strathmore Drive, LAKE WALES, FL 33859
MLS# P4936036Listed by: LAKE ASHTON REALTY INC. - New$333,000Active4 beds 2 baths1,627 sq. ft.
505 Scenic Bluff Boulevard, LAKE WALES, FL 33853
MLS# O6336297Listed by: EXP REALTY LLC - New$69,000Active3 beds 2 baths1,350 sq. ft.
151 Cherrywood Drive, LAKE WALES, FL 33898
MLS# P4936053Listed by: LINCOLN MADISON REAL ESTATE LLC - New$189,900Active3 beds 2 baths1,138 sq. ft.
618 Booker Avenue, LAKE WALES, FL 33853
MLS# O6337723Listed by: LA ROSA REALTY CENTRAL FLORIDA - New$70,000Active1 Acres
5841 Skokie Road, LAKE WALES, FL 33898
MLS# O6338141Listed by: LA ROSA REALTY CENTRAL FLORIDA - New$296,000Active2 beds 2 baths1,820 sq. ft.
438 E Polk Avenue, LAKE WALES, FL 33853
MLS# K4903040Listed by: WESTLAKE REAL ESTATE CO., INC.