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Overview

3 bd2 ba2,721 sqft1 car garageSingle Family
TypeSingle Family
HOANone listed
Built1981
Lot24,503 sqft
Living area2,721 sqft
Price / sqft$206
Garage1 car

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About this home

CooktopDishwasherDisposalRefrigerator

1502 Lake Josephine Dr is a 1981-built home in Lake Josephine Sub, Sebring. Inside you'll find 3 bedrooms, 2 bathrooms, and 2,721 square feet of living space. Listed at $559,900 (about $206/sqft), 125 days on market. Flood zone X500 - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

LAKEFRONT PARADISE on Beautiful Lake Josephine! Nestled beneath a majestic canopy of mature oak trees on a breathtaking lot, this beautifully remodeled lakefront showplace offers the perfect blend of luxury, comfort, privacy, and tranquility. Perfectly positioned along the scenic shores of Lake Josephine, this exceptional home captures spectacular sunrise and sunset views while providing a peaceful retreat from the hustle and bustle of everyday life. The thoughtfully designed open floor plan features 3 bedrooms, 2 bathrooms, and expansive living spaces filled with natural light from large windows that showcase stunning water views from nearly every room.The completely renovated interior combines modern upgrades with classic lake house charm. Recent improvements include a new roof,windows siding, HVAC systems, luxury vinyl plank flooring throughout, fresh interior and exterior paint, updated bathrooms, elegant marble and solid-surface countertops, and a beautifully remodeled kitchen featuring granite countertops, abundant cabinetry, stainless steel appliances, and a bright open design ideal for entertaining.The home's living room, family room, dining area, and kitchen flow seamlessly together, creating inviting gathering spaces for family and friends. One of the most remarkable features is the custom artistic etched-glass window overlooking the expansive wraparound glass porch, creating a truly one-of-a-kind focal point while framing breathtaking views of Lake Josephine. The lakeside screened porch is the perfect place to entertain, relax, or simply enjoy the peaceful waterfront setting.The spacious main-level owner's suite offers tremendous flexibility and could easily serve as a private office, study, or be reconfigured to create an additional bedroom if desired. Upstairs you'll find two additional bedrooms and a full bath, including one bedroom featuring a cozy wood burning fireplace and beautiful lake views. The home includes two fireplaces—one upstairs and one downstairs—adding warmth and character throughout.Additional features include central vacuum, a charming country-style screened front porch, a one-car attached garage currently utilized as a hobby shop, a detached two-car garage, and a massive 26' x 34' storage barn/workshop offering endless possibilities for hobbies, storage, a workshop, or the ultimate man cave.Lake Josephine is a premier 1,304-acre recreational lake renowned for exceptional largemouth bass fishing, boating, swimming, and abundant wildlife, including ducks, otters, and other native Florida species. Whether you're searching for a full-time residence, seasonal retreat, vacation home or investment property with vacation rental potential, this remarkable property offers endless possibilities.Enjoy the feeling of a secluded waterfront paradise while remaining conveniently located just minutes from Sebring and the charming resort town of Lake Placid.This is Florida lakefront living at its finest!

The essentials

Built
1981
Price / sqft
$206
On market
125 days
Annual tax
$4,141
Flood zone
X500 · Low risk
Lot
24,503 sqft
Type
Single Family Residence

At a glance

Single family
Built 1981
1 car garage
0.56 acres
Lot size
2,721 sqft
Living area

Payment

Est. monthly payment
$3,545/mo
Down payment (20%)
$111,980
Property taxes
$345/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1981
Lot
24,503 sqft
Cooling
Central Air
Heating
Central
Parking
-
Days on Market
125
Cooktop
Dishwasher
Disposal
Refrigerator
Flood Zone X500
Annual Tax (2025)
$4,141
Parcel #
C-33-35-29-020-0030-0270

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
Lake Josephine Sub
County
Highlands
MLS Area
33875 - Sebring
Lot Size
24,503 sqft

Price history

Date
Event
Price
6/8/2026
Listed for sale
Source: Stellar MLS #L4962560
$559,900
$206/sqft

Neighborhood

1502 Lake Josephine Dr
Sebring, FL, 33875 · 33875 - Sebring

Market insights

Offer Insights

Choose an offer strength

List price: $559,900
$540,000 – $559,900
96.6% – 100% of listTops out right at the list price
80% of listList price
15 of the last 29 home closings in 33875 landed at this number or higher (52%). The median one sat 41 days before it went under contract, and this one is on day 125.

Sample: 29 closed home sales in 33875 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$3,545/mo
Principal & interest$2,920
Property taxes$345
Insurance$280
Down payment20% · $111,980
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%. 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

$559,900

$206 per sq ft

Beds and baths

3 beds, 2 baths

Size

2,721 sq ft

Time on market

125 days

Year built

1981

Monthly payment

About $3,545/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $4,141 annual tax bill, insurance.

Flood zone

Zone X500

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

Offer

What should I offer?

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Brokered byADVANTAGE REALTY 1Listing agent: Gregory KarlsonListing data from Stellar MLS, MLS# L4962560.

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