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Active · Single Family

38 QUEEN OF WATERS STREET

LAKE WALES, FL 33898

Beds
2 beds
Baths
2 baths
Area
1,152 sqft
Single FamilyBuilt 20084,212 sqft lotElectricCentral Air$239/sqft514 days on market

About this home

THIS HOME QUALIFIES FOR 100% FINANCING (No PMI and No Income Restrictions with preferred lender). Enjoy lakefront living in the highly sought-after Saddlebag Lake Resort, a gated 55+ community where you own the land and enjoy resort-style amenities. This well-maintained 2-bedroom, 2-bath home offers beautiful waterfront views and a peaceful setting with a greenway on one side, providing added privacy. A spacious 24’ x 10’ screened porch overlooks the lake and offers the perfect space to relax and enjoy the view. Inside, the home features an open-concept floor plan with a spacious kitchen and island, ideal for entertaining and everyday living. The home is partially furnished and includes a washer and dryer, making it move-in ready. The primary bedroom features a large closet and an ensuite bathroom with a double vanity and walk-in shower. The guest bedroom also offers a generous closet, and the guest bathroom includes a tub/shower combination. This home has been meticulously maintained with major updates already completed, including a new roof in December 2022 and an HVAC system replaced in 2022. A large 24’ x 24’ carport was added in 2014, providing ample shade and coverage for vehicles. The landscaped yard is low maintenance, allowing you more time to enjoy the community and lake lifestyle. A ramp provides easy access to the home, and a fire hydrant located on the property offers added peace of mind. A large storage shed is included and is spacious enough for a golf cart. Saddlebag Lake Resort is an active adult 55+ community known for its extensive amenities and vibrant lifestyle. Residents enjoy access to a heated pool, sauna, hot tub, shuffleboard courts, tennis and pickleball courts, horseshoe pits, and a clubhouse with a full kitchen and library. The community also features a dog park with a wash station, a golf practice range, RV and boat storage area, and a private boat launch. The lakefront beach house includes a kitchen and restrooms and provides a perfect setting for gatherings and events. Numerous social clubs and activities are available for residents, including fishing, golf, men’s and women’s clubs, a dog owners’ club, horseshoes, and organized travel opportunities coordinated for the community. This property offers the opportunity to enjoy affordable lakefront living with resort-style amenities in one of Central Florida’s most desirable 55+ communities. Schedule your private showing today.

Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,152 sqft
Heating
Electric
Cooling
Central Air
Flooring
Laminate, Linoleum
Features
Ceiling Fans(s), L Dining, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat…
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range…

Exterior & lot

Lot size
4,212 sqft (0.1 ac)
Waterfront
Yes
Roof
Shingle
Construction
Other, Vinyl Siding, Frame
Exterior
Awning(s), Lighting, Rain Gutters, Sliding Doors

Parking

Carport
4 spaces

Financial

HOA dues
$734 / quarterly
Annual tax
$712 (2024)
Price / sqft
$239/sqft

Utilities

Water
Private
Sewer
Private Sewer
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Property

Property type
Single Family
Year built
2008
Subdivision
SADDLEBAG LAKE
County
Polk

Listing

Status
Active
Days on market
434 days
MLS #
MFR751384169
Source
Stellar MLS

Listed by Amanda Wright · REMAX EXPERTS

Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.

RRENA ValiQRENA ValiQ is an estimated value, blended from public sale comps, neighbourhood trend and this listing’s own metrics. It is a reference, not a guaranteed or asking price. The final number moves on diligence, terms and timing.Estimate

Sample estimate — not an appraisal

$286k
+3.9% vs asking
$269k low$302k high

Based on 24 comparable sales within 2 miles of LAKE WALES, FL, this home is priced under RENA ValiQ.

Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.

Estimate your monthly cost

PITI + HOA
Estimated monthly payment$1,694/mo
Principal & interest
$1,390/mo
Property tax
$59/mo
Home insurance
$0/mo
HOA dues
$245/mo

Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own bill; insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.

Ask about this property

Answered from this listing’s own figures and the sales around it.

Price history

From the property’s MLS record.

DateEventPriceChange
Jun 1, 2026Price reduced$274,900−$100
Mar 21, 2025Listed$275,000

NeighbourhoodSample data

Reference scores for LAKE WALES, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.

Walk Score
69/ 100
Somewhat walkable
Transit Score
32/ 100
Some transit
Bike Score
62/ 100
Bikeable
Elementary school
Not listed
Not named in the MLS record for this home
Middle school
Not listed
Not named in the MLS record for this home
High school
Not listed
Not named in the MLS record for this home

Location

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