Lake Starr Property with Endless Possibilities! New Price! Discover a rare opportunity to own 3.39 acres of lakefront living on the shores of Lake Starr. This exceptional property features buildding 1 (Main House) 3 bedroom, 2 bath home offering stunning lake views and even a view of Bok Tower! The spacious open living and dining area are great for entertaining. You’ll also enjoy a split bedroom layout, and charming pine hardwood floors. Recent upgrades include updated windows and doors, rewired electric, Hardie board siding, and additional insulation. New roof (2024) and new pump for well (2025) In addition to the main home, the property includes a versatile accessory dwelling with a guest suite upstairs, a 2 bedroom/1 bath apartment downstairs, plus a shared recreation room complete with a sitting area, ping pong, pool table, sauna, full bath, and an open patio overlooking the lake and tennis court. For your cars, boat, camper or toys there’s a 24’ x 40’ three-bay detached garage/workshop with plenty of storage. This property is ideal for a family compound, multigenerational living, or as an income-producing investment property. Conveniently located near shopping, dining, and medical facilities, it combines privacy with accessibility. Close to Legoland and Winter Haven. Don’t miss this one-of-a-kind lakefront opportunity!
Est. $1,940 per month, based on comparable rentals
Sale and tax history for 724 Masterpiece Rd
Sale History
Tax History
Date
Event
Price
Stellar MLS as Distributed by MLS Grid #P4936209
Jul 15, 2026
Sold
$576,000
$394/sq ft
Jun 8, 2026
Pending
—
May 6, 2026
Price Changed
$566,000
$387/sq ft
Mar 9, 2026
Relisted
—
Mar 9, 2026
Price Changed
$585,000
$400/sq ft
Dec 10, 2025
Pending
—
Oct 23, 2025
Price Changed
$649,000
$444/sq ft
Sep 15, 2025
Listed
$687,000
$470/sq ft
Public Records
May 30, 1997
Sold
$100,000
$68/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,621 (+9.0%)
2024
$4,238 (+10.0%)
2023
$3,854 (+7.7%)
2022
$3,580 (+15.5%)
2021
$3,099 (+6.4%)
2020
$2,914 (+2.6%)
2019
$2,840 (+2.7%)
2018
$2,764 (+0.5%)
2017
$2,749 (+4.7%)
2016
$2,626 (+6.1%)
2014
$2,476 (+3.0%)
2013
$2,405 (+59.4%)
2012
$1,509
Public record
Public record
Zoning
Permits
Beds
3
Baths
1
Stories
1
Lot width
180 ft.
Lot depth
471 ft.
Lot size
3.39 Acres
Year renovated
1949
Sq. Ft.
1,461
Year built
1949
Style
Single Family Residential
County
Polk County
APN
272914860610001050
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 2026.
A/RR
WETLANDS OVERLAY
Rural Agricultural/Residential District
The purpose of the A/RR district is to provide lands for the continuation of productive agricultural uses and to provide for very low density residential development within unincorporated rural areas. The A/RR district permits agricultural activities, agricultural support facilities, multi-family dwelling units, farm labor housing, group living facilities, and community facilities.
Construct a detached garage for a single-family home.
ADU
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Garage Dimensions: 24x40
Parking Features: Garage Faces Side, Parking Pad
Garage Spaces: 3
Has Garage
Interior
Virtual Tour
Bedroom Information
# of Bedrooms: 3
Bathroom Information
# of Full Baths (Total): 2
Laundry Room Information
Laundry Features: Inside, Laundry Room
Other Rooms Information
Additional Rooms: Inside Utility
# of Rooms: 6
Heating & Cooling
Heating Information: Central, Electric
Cooling Information: Central Air
Interior Features
Interior Features: Open Floorplan
Appliances: Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
Other Structures: Guest House, Shed(s), Tennis Court(s)
Land Information
Vegetation: Mature Landscaping
Total Acreage: 2 to less than 5
Lot Information
Lot Features: Cleared, In County, Paved
Lot Size Acres: 3.39
Lot Size Dimensions: 180x471
Road Surface Type: Paved
Lot Size Square Meters: 13715
Other Exemptions YN: 0
Building Information
MFR_BuildingAreaTotalSrchSqM: 135.73
Financial
Tax Information
Tax Annual Amount: $4,237.98
Tax Year: 2024
Lease / Rent Details
Lease Restrictions YN: 0
Utilities
Utility Information
Water Source: Well
Sewer: Septic Tank
Utilities: BB/HS Internet Available, Electricity Connected, Water Connected
Location
Multi-Unit Information
Unit Number YN: 0
HOA Information
MFR_Association2YN: 0
Location Information
Directions: Hwy 27 South from Winter Haven. Turn left at traffic light onto Chalet Suzanne Rd. go thru next traffic light continue straight onto Masterpiece Rd. property will be on your right.
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,461
Stories: 1.0
Lot Size: 3.39 acres
Style: Single Family Residential
Year Built: 1949
Year Renovated: 1949
County: Polk County
APN: 272914860610001050
Home facts updated by county records on Jul 29, 2026
Other
Miscellaneous Information
Third Party YN: 1
Listing Information
Attribution Contact: 863-294-7541
Previous Status: Pending
Backups Requested YN: 1
Listing Date Information
Days to Contract: 263
BOM Date: 2026-03-09T00:00:00.000
Status Contractual Search Date: 2026-07-15
Listing Price Information
Calculated List Price By Calculated Sq Ft: 387.41
Green Information
Green Verification Count: 0
Direction Faces: North
Home Information
Living Area: 1461
Living Area Units: Square Feet
Living Area Source: Public Records
Living Area Meters: 135.73
Building Area Total: 1461
Building Area Units: Square Feet
Building Area Source: Public Records
Foundation Details: Crawlspace
Stories Total: 1
Levels: One
Around this home
Schools
Spook Hill Elementary School
Public PreK-5 • Assigned • 3.5mi
2/10
Mclaughlin Middle School And Fine Arts Academy
Public 6-11 • Assigned • 5.1mi
2/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
6% chance of being in a wildfire in next 30 years
8/10 Heat Factor
7 days above 108° expected this year, 24 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Lake Wales, FL • 33898
Average low and high temperatures (°F)
70
47
77
53
82
58
85
63
91
70
92
73
92
74
91
75
90
74
83
68
80
58
76
54
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
88/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.7 hrs
7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$551,000 – $667,000
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