342 RUSTIC RAIL DRIVE, LAKE WALES, FL, 33859
Active134 days on marketListed Mar 22, 2026MLS #O6392704
About this home
342 RUSTIC RAIL DRIVE
Welcome to a charming residence located at 342 Rustic Rail Dr in Lake Wales, FL. This home boasts a spacious layout with modern finishes and ample natural light throughout. The well-equipped kitchen features sleek countertops and plenty of storage space. Enjoy the serene outdoor setting with a private backyard, appropriate for relaxation or entertaining. Located in a peaceful neighborhood, this property is a wonderful living experience with convenient access to local amenities.
Facts & features
The home at a glance
4
Bedrooms
2
Bathrooms
2,381
Sqft
0.14 ac
Lot size
2
Garage
2024
Year built
One
Levels
$134
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 and the real association fee — not generic estimates.
$2,843 /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
$2,843/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
−27.2%
$/sqft vs Lake Wales actives
$134 vs $171
Days on market
134 vs 52 typical
Where $134/sqft sits among the 372 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
96.4%
Sale-to-list ratio (12 mo)
164 of 372
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 28% above the LAKE WALES 33859 median. See the full Lake Wales market guide →
Paper trail
This home's history
Reality check
What actually sold near 342 RUSTIC RAIL DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$350,000
320 STARR RIDGE DRIVE
3 bd · 3 ba · 2,288 sqft · $153/sqft · 21 DOM
Sold · Mar ’26$427,000
2626 NURSERY ROAD
4 bd · 2 ba · 2,280 sqft · $187/sqft · 52 DOM
Sold · Nov ’25$325,000
212 RIVERMILL WAY
4 bd · 2 ba · 2,168 sqft · $150/sqft · 387 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 342 RUSTIC RAIL DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 342 RUSTIC RAIL DRIVE — 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
342 RUSTIC RAIL DRIVE FAQs
What would the monthly payment be for 342 RUSTIC RAIL DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,843/mo — principal and interest, the actual property-tax bill, the $75/mo association fee 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.
How much are the HOA fees at 342 RUSTIC RAIL DRIVE?+
The association fee works out to $75 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 342 RUSTIC RAIL DRIVE?+
The most recent tax bill on record (2025) was $7,000. 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 342 RUSTIC RAIL DRIVE?+
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 $319,900, this home is listed about 28% above the Lake Wales median of $250,000. The market section on this page shows how the area is trending.
Which schools are assigned to 342 RUSTIC RAIL DRIVE?+
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.
Keep looking
Similar homes nearby
Listing courtesy of BEYCOME OF FLORIDA LLC · Steven Koleno. MLS #O6392704.
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.
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