4024 Canal ROAD, Lake Wales, FL, 33898 | $285,000

RARE OPPORTUNITY-Direct Lake Pierce Access! Your chance to own a home on the same lake as the famous BOK TOWER GARDENS with NO HOA or CDD. Situated practically next door to the famous Jennings Fishing Resort & down the road from Lake Wales' world renowned Cherry Pocket Restaurant & Cabin rentals. This delightful 3/2 canal-front residence offers unparalleled waterfront living, featuring a prime canal location for effortless boating, fishing, skiing and breathtaking water views from your private enclosed sunroom that spans the entire width of the home & can be accessed via Sliding Doors just off the Kitchen-Dining, Primary Bedroom & 2nd bedrooms. Vaulted Ceilings and an open plan makes perfect for family and indoor-outdoor entertaining! Plenty of room for kiddos or fur-babies with entire back yard all fenced. The pull through attached garage is perfect for your atv's, boats or vehicle & extra storage.
The side & back yard is all fenced for the kiddos, fur-babies & even a firepit if you like, making for perfect outdoor enjoyment.
This home has many upgrades that include A NEW METAL ROOF 8/2023; NEW LUXURY VINYL PLANK & NEW TRIM THROUGHOUT; NE A/C Touchscreen Thermostat; FRESH NEW PAINT OUTSIDE & INSIDE WALLS & CABINETS; NEW ADT CAMERA w/ audio & visual SECURITY SYSTEM with Door Sensors & Touchscreen panel, monitored by ADT perfect for anglers and water enthusiasts alike.
Experience the best of Lake Pierce living – schedule your private showing today.

Features

  • Rooms: 4
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside, Laundry Closet
  • Year Built: 1988
  • Garage: 1-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,200
  • Acreage: 0.19
  • Est. Taxes: $2,526
  • Appliances: Built-In Oven, Dishwasher, Dryer, Electric Water Heater, Freezer, Ice Maker, Microwave, Range, Refrigerator, Washer
  • MLS#: P4933839
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/P4933839/4024canalroad_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 4/9/2025 10:03:41 PM)

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NMLS Mortgage Loan Originator ID 6314

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4024 Canal ROAD, Lake Wales, FL, 33898

$285,000

Julie Cremin

Sales Associate

William Raveis Real Estate

Phone: 781.308.5186

Julie.Cremin@raveis.com

Bob Flynn

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 508.944.8218

Bob.Flynn@raveis.com

NMLS Mortgage Loan Originator ID 6314

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $228,000 $228,000 $228,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 7.125% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.058% 7.303% 6.510%
Monthly Tax Payment $211 $211 $211
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,441 $1,536 $1,955
Total Monthly Payment $1,726 $1,821 $2,240

* 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.