3842 PHILLIPS ROAD, LAKE WALES, FL, 33898
Active285 days on marketListed Oct 23, 2025MLS #S5137121
About this home
3842 PHILLIPS ROAD
Welcome to this stunning 2023-home with NO HOA, offering the perfect combination of comfort, modern design, and open space. Featuring 3 bedrooms and 2 bathrooms, this property feels brand new and showcases a bright open layout with granite countertops, stainless steel appliances, and beautifully designed bathrooms. The primary suite includes a spacious walk-in closet, and the open-concept living area is ideal for everyday living and entertaining. Enjoy the best of Florida living with front and back porches overlooking a large 14,392 SqFt lot, providing plenty of room for a future detached garage, workshop, or outdoor oasis. Additional features include an indoor laundry closet and one-car garage. Located near Lake Pierce and the Kissimmee River, this home is just 20 minutes from LEGOLAND and about an hour from Disney and Orlando attractions. Big lot, no HOA—come see it!
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,273
Sqft
0.33 ac
Lot size
1
Garage
2022
Year built
One
Levels
$247
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.
$2,444 /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
$2,444/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
+19.1%
$/sqft vs Lake Wales actives
$247 vs $173
Days on market
285 vs 54 typical
Where $247/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 33898 — neighborhood snapshot
Population
18,426
Median age
46.9
Median income
$54,778
Median home value
$161,500
Avg household
2.51
Households w/ children
1,790
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)
161 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 123% 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 3842 PHILLIPS ROAD
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jul ’26$275,000
3907 ADELL ROAD · same community
3 bd · 2 ba · 1,200 sqft · $229/sqft · 43 DOM
Sold · Jul ’26$160,000
2830 MOON RISE DRIVE
3 bd · 1 ba · 1,276 sqft · $125/sqft · 0 DOM
Sold · Jun ’26$136,000
7139 ALAMANDA BOULEVARD W
2 bd · 2 ba · 1,192 sqft · $114/sqft · 84 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 3842 PHILLIPS ROAD — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 3842 PHILLIPS 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
3842 PHILLIPS ROAD FAQs
What would the monthly payment be for 3842 PHILLIPS ROAD?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,444/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 3842 PHILLIPS ROAD?+
The most recent tax bill on record (2024) was $3,485. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Lake Wales?+
At $315,000, this home is listed about 26% 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 3842 PHILLIPS ROAD?+
Frostproof Ben Hill Griffin Junior Elementary School (elementary) — 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
$315,000 runs 123% above the LAKE WALES 33898 median.
02Time on market is leverage
285 days on market against a Lake Wales median of 54 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $340,000, now $315,000 — a $25K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of LA ROSA REALTY INTERNACIONAL L · Naomi Esteves Bejar. MLS #S5137121.
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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