Sold
Last Sold Price
4,126,243 Lot Size94.73 Acres
701 Lake Mabel Loop Rd, Lake Wales, FL 33898
LandProperty Type
94.73 acresLot Size

Description

PRICE REDUCED OWNER VERY MOTIVATED CLICK ATTACHEMENT FOR BROCHURE
Beautiful Lakefront Property. 40 acres buildable with increased elevation to the east away from the lake. Every house can have a lake view. Lake Mabel is an 80 acre lake with abundant fish and a wonderful water skiing lake.• 40 acres with 2000 +/- feet lakefront
• Density can be 3 units per acre or higher
• Water and sewer next door. Power, Telephone and Internet available
• Elevation rises to the east allowing beautiful lakefront views
...PRICE REDUCED OWNER VERY MOTIVATED CLICK ATTACHEMENT FOR BROCHURE
Beautiful Lakefront Property. 40 acres buildable with increased elevation to the east away from the lake. Every house can have a lake view. Lake Mabel is an 80 acre lake with abundant fish and a wonderful water skiing lake.• 40 acres with 2000 +/- feet lakefront
• Density can be 3 units per acre or higher
• Water and sewer next door. Power, Telephone and Internet available
• Elevation rises to the east allowing beautiful lakefront views
• 5 mins to shopping and US 27
• Space for 24 lakefront lots
• Additional space for 65 + homes
• Beautiful west view of sunsets across lake
• Property abuts land annexed into city of Lake Wales
• Quite country atmosphere
Many restaurants within 15 minutes. Property amenities can include Water skiing, Wake boarding, Tubing, and Bass fishing,Fabulous lakefront sunset location for Restaurant/Bar for vacationers as well as general public
  • Listed by: Chip Fortenberry, III 863.293.5600 chip@crosbydirt.com Brokerage DRE #1013773 • CROSBY & ASSOCIATES, INC.
Listing closed: 05/28/2019 12:00 AM • Source: MFRMLS, MLS#: P4901498

Recent comparable sales

Median sold price

$82,000

Avg days on market

230

Sale-to-list ratio

88.1%

Lake Wales, FL

9 comparable properties found

an aerial view of residential houses with outdoor space and trees
1/2
1

$600,000

Sold 04/22/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.22
Acres
$82,000 | 4536 Brookshire Place, Lake Wales, FL 33898
1/2
2

$82,000

Sold 10/08/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.53
Acres
$82,000 | 4718 Brookshire Court, Lake Wales, FL 33898
1/2
3

$82,000

Sold 10/08/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.57
Acres
$65,000 | C F Kinney Road, Lake Wales, FL 33859
1/2
4

$65,000

Sold 11/04/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.55
Acres
a view of a yard with wooden fence
1/2
5

$72,000

Sold 02/16/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.00
Acres
a sign that is on a pole
1/2
6

$375,000

Sold 04/01/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.23
Acres
a view of an ocean and beach
1/2
7

$50,000

Sold 01/09/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.00
Acres
$48,000 | 3795 Buck Board Trail, Lake Wales, FL 33898
1/2
8

$48,000

Sold 02/27/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.64
Acres
an aerial view of residential house with outdoor space
1/2
9

$85,000

Sold 05/22/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.91
Acres

Location

Listing Courtesy of CROSBY & ASSOCIATES, INC., Chip Fortenberry, III

Sold By CROSBY & ASSOCIATES, INC., Chip Fortenberry, III; MARAN REAL ESTATE CORPORATION, Stephane Gardinier

Add your commute

Payment Calculator

$3,484 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,177

Property Taxes

$307

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 701 Lake Mabel Loop Road

Property Details
  • Taxes: $3,684 / year
  • MLS Type: Land
  • County: Polk County
  • Township: 29
  • Waterfront: Yes
  • Water View: Lake
Building Information
  • Lot Size: 94.73 AC
Summary
Location and General Information
  • Direction Faces: West
  • Directions: From US 27 and Cypress Gardens Blvd , Lake Wales. Drive East on Waverly Rd for 2.26 miles to N. Scenic Hwy. Drive south on N. Scenic Hwy .64 miles to Lk Mabel Loop Road. Drive East on Lake Mabel Loop Road for .77 miles property is on the N side of road.
  • Other Equipment: Feeding Stations
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Street Number: 701
  • Street Name: LAKE MABEL LOOP
  • Street Suffix: ROAD
  • State: FL
  • City: LAKE WALES
Parking
  • Available For Lease: No
Taxes and HOA Information
  • Association Fee Requirement: None
  • Association: No
  • CDD: No
  • Tax Book Number: P-81
  • Tax Legal Description: SW1/4 OF SE1/4 LESS S 15 FT OF E 205 FT & SE1/4 OF SW1/4 & N1/2 OF SE1/4 OF SE1/4 LESS BEG AT NE COR OF S1/4 OF SE1/4 RUN N87-43-07W 663.8 FT N 307.28 FT S87-43-07E 313.9 FT N 40 FT S87-43-07E 349.91 FT S 347.28 FT TO POB LESS RD R/W FOR LAKE MABLE L OOP RD & LESS COMM NE COR OF S1/4 OF SE1/4 OF SEC N ALONG E BNDRY OF SE1/4 347.28 FT TO POB N ALONG SAID E BNDRY 70 FT N87-43-07W 523.55 FT S 110 FT S87-43-07E 173.65 FT N 40 FT S87-43-07E 349.9 FT TO POB LESS RD R/W
  • Tax Year: 2017
Property
Lot Information
  • Additional Parcels: No
  • Current Adjacent Use: Residential
  • Current Use: Unimproved
  • Easements: None
  • Future Land Use: Res
  • Lot Features: Gentle Sloping
  • Lot Size Dimensions: Irregular
  • Parcel Number: 272911000000024010
  • Total Acreage: 20 to less than 50
  • Water Access: Lake
  • Water Access: Yes
  • Water Extras: No
  • Zoning: RE-1
  • Lot Dimensions: Irregular
Property and Assessments
  • Flood Zone Code: AE
  • Flood Zone Date: 12-22-2016
  • Flood Zone Panel: 12105C0555H
  • Number Of Lots: 1
  • Public Survey Range: 27
  • Public Survey Section: 11
Utilities
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Available, Phone Available, Sewer Nearby, Water Nearby
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Fencing: Boundary Fencing, Cross Fenced
  • Pool: None
  • Pool Private: No
  • Vegetation: Oak Trees, Trees, Trees/Landscaped, Wooded
  • Waterfront Features: Lake Front
  • Waterfront Feet Total: 2000
Interior Features
  • Water View: Yes
Rental
Rental Information
  • Pets Allowed: Yes

Property History for 701 Lake Mabel Loop Road

DateEvent & SourcePriceAppreciation
May 28, 2019

Sold (Public Record)

Public Record #645831009

$625,000
May 28, 2019

Sold

MFRMLS #P4901498

$625,000
Feb 19, 2019

Pending

MFRMLS #P4901498

DateEvent & SourcePrice
05/28/2019

Sold (Public Record)

Public Record #645831009

$625,000
05/28/2019

Sold

MFRMLS #P4901498

$625,000
02/19/2019

Pending

MFRMLS #P4901498

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 701 Lake Mabel Loop Road

Taxable ValueLand-Additions-Total-
Tax Record2025$390 ($32 / month)
Home Facts
Baths3Total Finished SqFt2,709 SqFtAbove Grade Finished SqFt2,709 SqFtStories2Lot Size4,126,243 SqFtStylePastureYear Built1990Year Renovated1990ZoningRE1CountyPOLKAPN27-29-11-000000-024010

Schools near 701 Lake Mabel Loop Road

This home is within Polk.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - K to 5
Public - 6 to 8
Public - 6 to 11
Rating
School
Distance
Spook Hill Elementary School
PublicPK to 5

Bartow Elementary Academy
PublicK to 5

Union Academy
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 33898

$125,000 | 121 La Casa, Unit 121, Lake Wales, FL 33898
1/26

$125,000

2
Bedrooms
1,120
Square Feet
$69,000 | 40 Saddlebag Trail North, Lake Wales, FL 33898
1/36

$69,000

2
Bedrooms
642
Square Feet
0.12
Acres
$89,900 | 148 Orangewood Drive, Lake Wales, FL 33898
1/38

$89,900

2
Bedrooms
854
Square Feet
0.11
Acres
$280,000 | 6735 Tackle Court, Lake Wales, FL 33898
1/34

$280,000

3
Bedrooms
1,352
Square Feet
0.99
Acres
$167,500 | 4201 Village Court, Unit 4201 D21, Lake Wales, FL 33898
1/54

$167,500

2
Bedrooms
1,560
Square Feet
$165,000 | 4245 Nandina Street, Lake Wales, FL 33898
1/17

$165,000

2
Bedrooms
1,076
Square Feet
0.12
Acres
$369,000 | 4590 Brookshire Place, Lake Wales, FL 33898
1/11

$369,000

5
Bedrooms
2,302
Square Feet
0.38
Acres
a view of house with a yard
1/44

$165,000

2
Bedrooms
864
Square Feet
0.13
Acres
a view of a lake
1/59

$550,000

3
Bedrooms
1,641
Square Feet
5.27
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 701 Lake Mabel Loop Road, Lake Wales, FL 33898
$625,000
4,126,243
$70,000
71,000
$700
3
2
1,185
170,755
3
2
1,854
113,104
$40,000
3
2
1,735
56,728
$96,000
56,737

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of CROSBY & ASSOCIATES, INC., Chip Fortenberry, III

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 12/14/2021 05:59 PM