LAKE WALES, FL 33898 130 RIBBON PARKWAY
$420,000



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Presented By: EXP REALTY LLC with 407-375-9142. - 407-375-9142
Home Details
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.
Presented By: EXP REALTY LLC with 407-375-9142. - 407-375-9142
Interior Features for 130 RIBBON PARKWAY
Bedrooms
Total Bedrooms5
Bathrooms
Half Baths0
Total Baths5
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Featureswood burning
Fireplace Y/NYes
Flooringceramic tile, hardwood
Heating Y/NYes
Interior Amenitiesceiling fan(s), solid wood cabinets
Laundry Featuresinside, laundry room
Window Featuresblinds
General for 130 RIBBON PARKWAY
Additional Parcels Y/NNo
Additional Roomsattic, bonus room, family room, inside utility, interior in-law suite w/private entry, loft
Appliancesdishwasher, range, range hood, refrigerator
Attached Garage Yes
Body of Waterlake starr
Building Area Unitssquare feet
Carport Y/NNo
Citylake wales
Construction Materialsvinyl siding, wood frame
Coolingcentral air
Countypolk
Directionsdrive south from orlando on us-17 s/us-92 w, then merge onto us-27 s toward haines city. continue on us-27 s for about 35 miles, then turn left onto masterpiece road. follow masterpiece road for approx
Elementary Schooljanie howard wilson elem
Facing Directionnorth
Flood Zone Codex
Flood Zone Code XY
Full Baths5
Garage Spaces2
Garage Y/NYes
HOANo
Heatingcentral, electric
High Schoollake wales senior high
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionmason villa pb 23 pg 6 lot 11 in sec 14 t29 r27
Levelsmulti/split
Listing Termscash, conventional, fha, usda loan, va loan
Living Area Unitssquare feet
Lot Size Square Feet15533
Lot Size Unitssquare feet
MLS Area33898 - lake wales
Middle/Junior High Schoolmclaughlin middle
Minimum Leaseno minimum
ModificationTimestamp2025-07-30t16:32:14.127z
New ConstructionNo
Occupancy Typeowner
Other Structuresguest house, shed(s), storage
Ownershipfee simple
Patio/Porch Featurescovered, deck, patio, porch, rear porch
Pets Allowedyes
Property Subtypesingle family residence
Property Typeresidential
Roofmetal
STELLAR_InLawSuiteDescrip1 bathroom, 1 bedroom, detached (adu), kitchen, private entrance
STELLAR_InLawSuiteYNNo
Senior Community Y/NNo
Sewerseptic tank
Standard Statusactive
Statusactive
Subdivision Namemason villa
Tax Annual Amount2298
Tax Lot11
Tax Year2024
Total Rooms7
Utilitiescable available, cable connected, electricity available, electricity connected, phone available, private, public, water available, water connected
Viewwater
Virtual TourClick here
Virtual TourClick here
Water Access Typelake
Water Access Y/NYes
Water Viewlake
Water View Y/NYes
Waterfront Featureslake front
Year Built1922
Exterior for 130 RIBBON PARKWAY
Building Area Total3047
Covered Spaces2
Exterior Amenitieslighting, storage
Fencingchain link
Foundation Detailscrawlspace, slab
Lot Featuresin county
Lot Size Acres0.36
Lot Size Area15533
Number of Lots1
Private PoolNo
Road Responsibilitypublic maintained road
Road Surface Typepaved
SpaNo
Vegetationmature landscaping
Water Sourcewell
Waterfront Y/NYes
Additional Details
Price History
Schools
Middle School
Mclaughlin Middle
High School
Lake Wales Senior High
Elementary School
Janie Howard Wilson Elem

Carolina Gaitan
Realtor®