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Overview

4 bd2 ba1,928 sqft2 car garageSingle Family
TypeSingle Family
HOA$600/yr
Built2024
Lot5,506 sqft
Living area1,928 sqft
Price / sqft$182
Garage2 car

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

About this home

Ceiling Fans(s)Living Room/Dining Room ComboWalk-in Closet(s)SidewalkDishwasherRangeRefrigerator

862 Ballantyne Dr is a 2024-built home in Mabel Place, Lake Wales. Inside you'll find 4 bedrooms, 2 bathrooms, and 1,928 square feet of living space. Listed at $350,000 (about $182/sqft), 26 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $600 annually.

From the listing

Welcome to this beautifully maintained 4-bedroom, 2-bathroom home featuring a modern design and desirable finishes throughout. The home offers stylish quartz countertops, a combination of tile and carpet flooring, and spacious living areas designed for everyday comfort. The generously sized primary suite features a beautiful private bathroom with dual sinks, while the additional bathroom also offers a convenient double vanity. A two-car garage provides ample parking and storage space. Enjoy outdoor living and entertaining from the covered rear porch, overlooking a fully fenced backyard that provides privacy and space to relax or gather with family and friends. Conveniently located in the growing Lake Wales area, this home offers easy access to major attractions and destinations, including LEGOLAND, Tampa, and Orlando. A great opportunity for those looking for a well-maintained home with modern features in an area experiencing continued growth.

The essentials

Built
2024
Price / sqft
$182
On market
26 days
Annual tax
$5,571
HOA
$600/yr
Flood zone
X · Low risk
Lot
5,506 sqft
Type
Single Family Residence

At a glance

Single family
Built 2024
2 car garage
5,506 sqft lot
Lot size
1,928 sqft
Living area

Payment

Est. monthly payment
$2,514/mo
Down payment (20%)
$70,000
Property taxes
$464/mo
HOA
$600/yr
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
2024
Lot
5,506 sqft
Cooling
Central Air
Heating
Central, Heat Pump
Parking
-
Days on Market
26
Ceiling Fans(s)
Living Room/Dining Room Combo
Walk-in Closet(s)
Sidewalk
Dishwasher
Range
Refrigerator
Flood Zone X
Annual Tax (2025)
$5,571
Parcel #
27-29-14-860633-000850

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
Mabel Place
County
Polk
MLS Area
33898 - Lake Wales
Lot Size
5,506 sqft
SidewalkPaved
HOA
$600/yr
RICHMOND AMERICA HOA

Price history

Date
Event
Price
9/15/2026
Listed for sale
Source: Stellar MLS #P4939898
$350,000
$182/sqft

Neighborhood

862 Ballantyne Dr
Lake Wales, FL, 33898 · 33898 - Lake Wales

Market insights

Offer Insights

Choose an offer strength

List price: $350,000
$345,000 – $350,000
98.6% – 100% of listTops out right at the list price
80% of listList price
68 of the last 134 home closings in 33898 landed at this number or higher (51%). The median one sat 76 days before it went under contract, and this one is on day 26.

Sample: 134 closed home sales in 33898 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$2,515/mo
Principal & interest$1,825
Property taxes$464
Insurance$175
HOA$50
Down payment20% · $70,000
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

$350,000

$182 per sq ft

Beds and baths

4 beds, 2 baths

Size

1,928 sq ft

Time on market

26 days

Year built

2024

Monthly payment

About $2,514/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $5,571 annual tax bill, insurance, and the $600/yr HOA fee.

HOA fee

$600/yr

Managed by RICHMOND AMERICA HOA.

Flood zone

Zone X

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

Offer

What should I offer?

Have another question?

Brokered byKELLER WILLIAMS REALTY SMART 1Listing agent: Lucy MartinezListing data from Stellar MLS, MLS# P4939898.

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