338 1ST AVENUE N, LAKE WALES, FL, 33859
Active42 days on marketListed Jun 25, 2026MLS #L4963018
About this home
338 1ST AVENUE N
Direct waterfront property leading to Crooked Lake. Whether you're searching for a full-time residence, winter retreat, weekend fishing getaway, or investment opportunity, this 2000-built manufactured home offers a rare chance to enjoy one of Central Florida's most desirable lakes without the premium waterfront price tag. Situated on a canal with direct boat access to Crooked Lake, this spacious three-bedroom, two-bath home features over 1,400 square feet of open living space with vaulted ceilings, abundant natural light, a generous great room, dining area, and an oversized kitchen with extensive cabinetry and breakfast bar. The split-bedroom floor plan provides privacy, while the spacious primary suite offers a walk-in closet, garden tub, separate shower, and private bath. Recent improvements provide peace of mind, including a new roof (2018), HVAC system (2023), water heater (2018), and storage shed (2021). All kitchen appliances, plus the washer and dryer, are included, making this home move-in ready. Outside, you'll appreciate the fenced yard, large storage shed with roll-up door—perfect for fishing gear, tools, golf cart, or water toys—and rear deck overlooking the canal. Neighboring properties on both sides feature private docks, making it easy to envision adding your own dock (subject to any required approvals) and enjoying effortless access to Crooked Lake. Crooked Lake has long been recognized as one of Florida's premier natural lakes. Covering approximately 5,500 acres, it is renowned for its remarkably clear water, excellent largemouth bass fishing, boating, water skiing, and breathtaking natural beauty. The lake is designated an Outstanding Florida Water, one of the state's highest environmental protections, helping preserve its exceptional water quality and ecological significance for generations to come. With no HOA, you'll have the freedom to enjoy the Florida lifestyle your way. Conveniently located near golf courses, numerous additional fishing lakes, local restaurants, shopping, and everyday conveniences, while also offering easy access to Webber International University, Warner University, and other Central Florida destinations. Whether you're a fishing enthusiast, snowbird, first-time buyer, or investor looking for an affordable waterfront property in one of Florida's most desirable recreational areas, this is an opportunity you won't want to miss.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,404
Sqft
0.15 ac
Lot size
2000
Year built
One
Levels
$157
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$1,799 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,799/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+11%
$/sqft vs Lake Wales actives
$157 vs $173
Days on market
42 vs 54 typical
Where $157/sqft sits among the 361 Lake Wales actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Lake Wales
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Lake Wales. See the full Lake Wales guide →
LAKE WALES 33859 — neighborhood snapshot
Population
10,827
Median age
50.2
Median income
$61,871
Median home value
$200,300
Avg household
2.36
Households w/ children
878
For the school run
Polk County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Lake Wales market
$275K → $271K
Lake Wales median sold, yr/yr
96.3%
Sale-to-list ratio (12 mo)
162 of 361
Lake Wales actives have cut their price
Median sold price, Lake Wales, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 12% below the LAKE WALES 33859 median. See the full Lake Wales market guide →
Paper trail
This home's history
Reality check
What actually sold near 338 1ST AVENUE N
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$315,921
326 CANAL DRIVE · same community
3 bd · 2 ba · 1,646 sqft · $192/sqft · 202 DOM
Sold · Feb ’26$300,000
433 CANAL DRIVE · same community
4 bd · 2 ba · 2,430 sqft · $123/sqft · 120 DOM
Sold · Feb ’26$140,000
201 CALOOSA LAKE CIRCLE S
2 bd · 2 ba · 1,404 sqft · $100/sqft · 2 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 338 1ST AVENUE N — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 338 1ST AVENUE N — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
338 1ST AVENUE N FAQs
What would the monthly payment be for 338 1ST AVENUE N?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,799/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 338 1ST AVENUE N?+
The most recent tax bill on record (2025) was $2,963. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 338 1ST AVENUE N?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Lake Wales?+
At $219,900, this home is listed about 12% below the Lake Wales median of $250,000. The market section on this page shows how the area is trending.
Which schools are assigned to 338 1ST AVENUE N?+
Spook Hill Elementary School (elementary), Winter Haven Senior High School (high) — Polk County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the LAKE WALES 33859 market on paper
$219,900 is 12% below the LAKE WALES 33859 median of $250,450, and at $157/sqft it sits under the Lake Wales average of $199.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03The price has already moved
Listed at $225,000, now $219,900 — a $5K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of THE STONES REAL ESTATE FIRM · Michael Stone. MLS #L4963018.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
Never miss a listing
New Lake Wales homes, in your inbox
Like 338 1ST AVENUE N but not quite? A daily digest of every new listing in Lake Wales — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask David to ping you on any price or status change →