2742 MASTERPIECE ROAD, LAKE WALES, FL, 33898
Active81 days on marketListed May 16, 2026MLS #P4938739
About this home
2742 MASTERPIECE ROAD
Welcome to country living with easy access to HWY 27 and HWY 60. Situated on a spacious 1-acre lot, this beautifully updated 3-bedroom, 2-bath home offers the perfect blend of comfort, functionality, and convenience. Step inside to discover a freshly painted and updated interior featuring an open floor plan and an oversized living room ideal for entertaining family and friends. The home also includes a dedicated personal bar or coffee bar area, creating the perfect space to relax and unwind. The spacious primary suite offers convenient private outdoor access, allowing you to easily access outside. Enjoy peaceful mornings from the porch deck, the perfect spot for coffee, outdoor grilling, and entertaining guests while taking in the quiet country setting. This home also features solar panels, helping provide energy efficiency and lower electricity costs. Outside, the property truly shines with ample room for RV parking under a large carport designed to accommodate your recreational vehicle, boat, or additional vehicles. The expansive acre lot provides endless possibilities for gardening, homesteading, or growing your own crops, including dragon fruit cactus plants and more. Additional exterior features include a storage shed, workshop area, and plenty of open space to enjoy the Florida lifestyle with no shortage of room to spread out. If you’ve been searching for privacy, space, and flexibility with modern updates, this property is a must see!
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,144
Sqft
1.01 ac
Lot size
1985
Year built
One
Levels
$232
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.
$1,974 /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
$1,974/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
+35.9%
$/sqft vs Lake Wales actives
$232 vs $172
Days on market
81 vs 54 typical
Where $232/sqft sits among the 363 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 Pierce Ranchettes
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 Pierce Ranchettes — neighborhood snapshot
Population
1,581
Median age
36
Median income
$62,193
Median home value
$115,600
Avg household
3
Households w/ children
211
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)
163 of 363
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 86% above the LAKE WALES 33898 median. See the full Lake Wales market guide →
Paper trail
This home's history
Reality check
What actually sold near 2742 MASTERPIECE ROAD
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$194,000
4009 LONGHORN DRIVE · same community
3 bd · 2 ba · 1,064 sqft · $182/sqft · 136 DOM
Sold · Mar ’26$275,000
2921 SILVER SPUR LOOP · same community
3 bd · 2 ba · 1,272 sqft · $216/sqft · 53 DOM
Sold · Dec ’25$105,000
2820 SILVER SPUR LOOP · same community
2 bd · 1.5 ba · 784 sqft · $134/sqft · 40 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 2742 MASTERPIECE ROAD — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 2742 MASTERPIECE ROAD — 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
2742 MASTERPIECE ROAD FAQs
What would the monthly payment be for 2742 MASTERPIECE ROAD?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,974/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 2742 MASTERPIECE ROAD?+
The most recent tax bill on record (2025) was $1,647. 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 2742 MASTERPIECE ROAD?+
The listing reports pets: Cats OK, Dogs OK. 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 $265,000, this home is listed about 6% 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 2742 MASTERPIECE ROAD?+
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
01Positioned at the premium end
$265,000 runs 86% above the LAKE WALES 33898 median.
02Trees/Woods views
The trees/woods view is part of what you're buying — views hold value independently of the structure.
03The price has already moved
Listed at $298,000, now $265,000 — a $33K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of ZUCCARO REALTY GROUP INC · Kristy Otte. MLS #P4938739.
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 2742 MASTERPIECE ROAD 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 →