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Overview

2 bd2 ba1,549 sqft2 car garageSingle Family
TypeSingle Family
HOA$165/yr
Built1990
Lot12,968 sqft
Living area1,549 sqft
Price / sqft$152
Garage2 car

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About this home

Eat-in KitchenHigh CeilingsLiving Room/Dining Room ComboPrimary Bedroom Main FloorThermostatWalk-in Closet(s)Private MailboxSidewalk

707 Cambridge Way is a 1990-built home in Crown Pointe Ph 02, Lake Wales. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,549 square feet of living space. Listed at $235,000 (about $152/sqft), 244 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $165 annually.

From the listing

This charming 2-bed, 2-bath home in the Crown Pointe community sits on a spacious 1/3-acre lot. It features a brand-new roof (2025), a new A/C system (2024), and solar panels (2025) for low utility costs. The interior boasts high ceilings, a sunken living room with a fireplace, and a modern kitchen with stainless steel appliances. Key highlights include a bright Florida room with a bar, a guest room with a built-in Murphy bed, and updated flooring throughout. Outside, the massive, fully fenced backyard offers a heated Jacuzzi, a storage shed with power/AC, and plenty of room for a pool. Located steps from local trails and minutes from Bok Tower Gardens, this move-in-ready home is perfectly maintained.

The essentials

Built
1990
Price / sqft
$152
On market
252 days
Annual tax
$2,098
HOA
$165/yr
Flood zone
X · Low risk
Lot
12,968 sqft
Type
Single Family Residence

At a glance

Single family
Built 1990
2 car garage
Covered
0.30 acres
Lot size
1,549 sqft
Living area

Payment

Est. monthly payment
$1,532/mo
Down payment (20%)
$47,000
Property taxes
$175/mo
HOA
$165/yr
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1990
Lot
12,968 sqft
Cooling
Central Air
Heating
Central
Parking
Covered, Driveway
Days on Market
252
Eat-in Kitchen
High Ceilings
Living Room/Dining Room Combo
Primary Bedroom Main Floor
Thermostat
Walk-in Closet(s)
Private Mailbox
Sidewalk
Storage
Dishwasher
Disposal
Microwave
Range
Refrigerator
Elementary
Spook Hill Elem
Middle
McLaughlin Academy Of Excellence
High
Lake Wales Senior High

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on file Flood Zone X
Annual Tax (2024)
$2,098
Parcel #
27-29-36-880202-000940

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
Crown Pointe Ph 02
County
Polk
MLS Area
33853 - Lake Wales South
Lot Size
12,968 sqft
HOA
$165/yr
Rex Quality Corporation Homeowners Association

Price history

Date
Event
Price
4/23/2026
Price change
Source: Stellar MLS #P4937656
$235,000-6.0%
$152/sqft
-
Price change
Source: Stellar MLS #P4937656
$250,000-7.4%
$161/sqft
1/30/2026
Listed for sale
Source: Stellar MLS #P4937656
$270,000
$174/sqft

Neighborhood

707 Cambridge Way
Lake Wales, FL, 33853 · 33853 - Lake Wales South

Market insights

Offer Insights

Choose an offer strength

List price: $235,000
$235,000
99.5% – 100% of listTops out right at the list price
80% of listList price
57 of the last 91 home closings in 33853 landed at this number or higher (63%). The median one sat 56 days before it went under contract, and this one is on day 252 after a $35,000 cut.

Sample: 91 closed home sales in 33853 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$1,532/mo
Principal & interest$1,226
Property taxes$175
Insurance$118
HOA$14
Down payment20% · $47,000
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 is the fee 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

$235,000

$152 per sq ft

Beds and baths

2 beds, 2 baths

Size

1,549 sq ft

Time on market

252 days

Year built

1990

Monthly payment

About $1,532/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,098 annual tax bill, insurance, and the $165/yr HOA fee.

HOA fee

$165/yr

Managed by Rex Quality Corporation Homeowners Association.

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 byKELLER WILLIAMS REALTY SMART 1Listing agent: Anthony MedinaListing data from Stellar MLS, MLS# P4937656.

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