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Overview

2 bd3 ba2,887 sqft6 car garageSingle Family
TypeSingle Family
HOA$2,000/yr
Built2014
Lot12,510 sqft
Living area2,887 sqft
Price / sqft$277
Garage6 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)Central VaccumElevatorHigh CeilingsPrimary Bedroom Main FloorLightingClubhouseDeed Restrictions

398 Nolane Ln is a 2014-built home in MT Olive Shores North Add 04, Polk City. Inside you'll find 2 bedrooms, 3 bathrooms, and 2,887 square feet of living space. Listed at $799,000 (about $277/sqft), 369 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $2,000 annually.

From the listing

We are pleased to present an exceptional opportunity to acquire a truly unique residence in the highly sought-after Mt. Olive Shores North, an upscale 55+ RV community. This custom-designed home, situated on a desirable corner lot, offers an unparalleled combination of luxury, convenience, and ample space for both living and storage. The heart of this home is its expansive open-concept main room, featuring a gourmet kitchen that is sure to impress. Imagine preparing culinary masterpieces amidst beautiful cabinetry, gleaming granite countertops, and the convenience of a hidden walk-in pantry. Tile and wood floors flow seamlessly throughout, complemented by high ceilings, strategically placed fans, and a stunning tray insert with integrated lighting. A conveniently located half bathroom leads into a well-appointed laundry room, providing direct access to the 85'x18' RV port. Beyond its aesthetic appeal, this home boasts a wealth of unique and practical features. Enjoy the convenience of a central vacuum system, the efficiency of a tankless hot water heater, and the peace of mind provided by a whole-house generator. The two AC units, recently replaced in 2024 and 2025, ensure optimal climate control. The spacious garage can accommodate up to 6 vehicles with an abundance of storage and workspace. Perhaps the most distinctive feature of this property is the second guest bedroom, located above the garage and accessible via an exterior staircase or a private elevator. This self-contained guest suite includes a kitchenette, bathroom, closet, and an additional, heated and cooled 33x24 finished storage area complete with custom cabinetry. This space offers unparalleled flexibility for accommodating guests, pursuing hobbies, or simply enjoying additional storage. Given its exceptional features and prime location, we anticipate significant interest in this remarkable home. We encourage you to schedule an appointment TODAY to experience firsthand the unparalleled quality and craftsmanship of this one of a kind gem. Do not miss this opportunity to secure your dream home in Mt. Olive Shores North.

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The essentials

Built
2014
Price / sqft
$277
On market
369 days
Annual tax
$11,216
HOA
$2,000/yr
Flood zone
X · Low risk
Lot
12,510 sqft
Type
Single Family Residence

At a glance

Single family
Built 2014
Community pool
Fitness center too
6 car garage
0.29 acres
Lot size
2,887 sqft
Living area

Payment

Est. monthly payment
$5,668/mo
Down payment (20%)
$159,800
Property taxes
$935/mo
HOA
$2,000/yr
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
2014
Lot
12,510 sqft
Cooling
Central Air
Heating
Electric
Parking
-
Days on Market
369
Ceiling Fans(s)
Central Vaccum
Elevator
High Ceilings
Primary Bedroom Main Floor
Lighting
Clubhouse
Deed Restrictions
Dog Park
Fitness Center
Gated Community - Guard
Pool
Cooktop
Dishwasher
Disposal
Dryer
Microwave
Refrigerator
Tankless Water Heater
Washer
Homestead exemption on file Flood Zone X
Annual Tax (2024)
$11,216
Parcel #
25-27-05-298332-001460

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
MT Olive Shores North Add 04
County
Polk
MLS Area
33868 - Polk City
Lot Size
12,510 sqft
Corner Lot
HOA
$2,000/yr
Mosaic Services

Price history

Date
Event
Price
2/20/2026
Price change
Source: Stellar MLS #L4956384
$799,000-2.4%
$277/sqft
10/9/2025
Listed for sale
Source: Stellar MLS #L4956384
$819,000
$284/sqft

Neighborhood

398 Nolane Ln
Polk City, FL, 33868 · 33868 - Polk City

Market insights

Offer Insights

Choose an offer strength

List price: $799,000
$790,000 – $799,000
98.6% – 100% of listTops out right at the list price
80% of listList price
44 of the last 87 home closings in 33868 landed at this number or higher (51%). The median one sat 44 days before it went under contract, and this one is on day 369 after a $20,000 cut.

Sample: 87 closed home sales in 33868 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$5,668/mo
Principal & interest$4,167
Property taxes$935
Insurance$400
HOA$167
Down payment20% · $159,800
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$799,000

$277 per sq ft

Beds and baths

2 beds, 3 baths

Size

2,887 sq ft

Time on market

369 days

Year built

2014

Monthly payment

About $5,668/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $11,216 annual tax bill, insurance, and the $2,000/yr HOA fee.

HOA fee

$2,000/yr

Managed by Mosaic Services.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

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Brokered byMOSN REALTYListing agent: Patricia ToogoodListing data from Stellar MLS, MLS# L4956384.

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