Lake Wales Homes under $400,000

Lake Wales Homes under $400,000

Welcome to Lake Wales, a hidden gem nestled in the heart of Polk County, Florida. This charming community is perfect for those seeking a tranquil lifestyle without sacrificing modern conveniences. Lake Wales South is known for its picturesque landscapes, friendly neighborhoods, and a strong sense of community, making it an ideal place to call home.

One of the most appealing aspects of Lake Wales is its diverse range of homes available for under $400,000. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, you’ll find a variety of options that cater to your needs and budget. From cozy single-family homes to spacious townhouses, the real estate market here offers something for everyone.

Lake Wales is not just about beautiful homes; it also boasts a wealth of recreational opportunities. Residents can enjoy stunning views of Lake Wailes, engage in outdoor activities at nearby parks, or explore the vibrant local culture through art galleries and community events. The area is also conveniently located near major highways, providing easy access to nearby attractions like the enchanting Bok Tower Gardens and the bustling city of Orlando.

With its affordable housing options and a welcoming atmosphere, Lake Wales South is an excellent choice for those looking to invest in a peaceful, community-oriented lifestyle. Discover your dream home today in this delightful Florida enclave, where every day feels like a vacation!

Newest Lake Wales Homes under $400,000

414 E Bullard Avenue, Lake Wales

414 E Bullard Avenue, Lake Wales

3 Beds ⋅ 2 Baths ⋅ Lake Wales SubDv. ⋅ 33853 Zip Code

Charming 3BD/2BA home that has been beautifully updated, located in a well-established neighborhood of Lake Wales. This home if full of character, starting with its quaint and welcoming curb appeal. As you enter the home, you’ll find the spacious living room that is bright, airy and full of natural light. The attractive brick accent wall and rustic mantle add to the overall character and charm. The living room naturally flows into the formal dining room, which is the central point of the home. The dining room also opens into the kitchen and the Florida room, giving the home a more open feel. The large kitchen has been tastefully updated, featuring new cabinets (with ample storage), countertops and decorative backsplash that really makes the kitchen “pop.” The pantry also offers additional storage space with shelving, cabinets and a countertop (perfect for a coffee station)! The Florida room provides additional space to relax or entertain! The master bedroom features an en-suite bathroom that has been completely updated with a stylish, sliding barn door, updated vanity, and an oversized, extra deep tub! The other two bedrooms are great sizes, and the second bathroom has been remodeled. The sizable backyard is fully fenced and offers a 12x24 wooden deck that is perfect for weekend cookouts. There is a detached garage with a storage loft that is accessible from the alley behind the home, as well as a 2 car carport. Extensive updates have been made to this home including BRAND NEW ROOF 2026, new windows, new sliding door in Florida room, newer flooring throughout, remodeled kitchen, remodeled both bathrooms, newer/updated CPVC plumbing, fresh exterior paint, new sidewalk out front and much more. It is truly move-in ready! This home is in an ideal location, one block up from the walking path around Lake Wales, minutes away from downtown, churches, school, Hwy 27 and SR 60, the hospital, restaurants, shopping and so much more! Don’t miss out on this incredible home! Call to schedule your private showing today!

414 E Bullard Avenue, Lake Wales

116 S Lakeshore Boulevard, Lake Wales

116 S Lakeshore Boulevard, Lake Wales

3 Beds ⋅ 2 Baths ⋅ Lake Wales SubDv. ⋅ 33853 Zip Code

Step into timeless charm and character with this beautiful historic home in Lake Wales offering picturesque views of Lake Wailes. Nestled on approximately half an acre, this 3 bedroom, 2 bathroom home features over 1,900 square feet of heated living space along with a detached 2-car garage and all the warmth and charm you would expect from a historic property. Inside, the home welcomes you with rich character and inviting living spaces including a cozy living room centered around an amazing wood-burning fireplace, a dedicated study with built-in shelving, and a formal dining room complete with a dry bar area perfect for entertaining. The adorable kitchen offers a gas stove, breakfast area, and plenty of charm throughout. The spacious primary bedroom is conveniently located downstairs, while two additional bedrooms are tucked away upstairs for added privacy. Enjoy peaceful mornings or relaxing evenings from the wonderful screened-in porch overlooking the beautifully sized yard and scenic lake views. Major updates include an HVAC system that is only 1 year old, offering added peace of mind. Outdoor enthusiasts will love being just a short walk from Lake Wailes where boating, jet skiing, and fishing can be enjoyed from the nearby fishing pier. Also only minutes away on foot is Lake Wailes Park featuring picnic areas, sports fields, a playground, boat ramp, dog-friendly areas, and a scenic 2.5-mile paved trail surrounding the lake. Conveniently located near shopping, restaurants, medical facilities, and entertainment, this one-of-a-kind property blends historic charm with everyday convenience

116 S Lakeshore Boulevard, Lake Wales

425 E Sessoms Avenue, Lake Wales

425 E Sessoms Avenue, Lake Wales

2 Beds ⋅ 3 Baths ⋅ Lake Wales SubDv. ⋅ 33853 Zip Code

Reduced price! Motivated seller! High-Yield Turnkey Triplex with 2024 Upgrades! Investors, seize this rare income-producing asset generating $3,000 in gross monthly revenue with an exceptionally low expense profile. Situated on a spacious 0.31-acre lot, this property offers the perfect blend of density and privacy across two solid brick residential buildings. Major 2024 Capital Upgrade: A Brand New Roof was installed across the property in 2024, providing years of worry-free ownership. Both primary buildings are equipped with Central AC to ensure maximum tenant comfort and retention. The Layout:425 E Sessoms Ave: A standalone 1-bedroom, 1-bathroom cottage (685 sq ft) featuring a private 90 sq ft finished screened porch and a classic fireplace. 427 E Sessoms Ave (Front): A private 1-bedroom, 1-bathroom suite with its own dedicated front entrance and porch. 427 E Sessoms Ave (Rear): A secluded private studio with a separate side/rear entrance for ultimate tenant privacy. Bonus Value: A detached large storage building at the rear includes an on-site laundry room, a high-demand amenity that adds significant utility. Built with common brick exterior walls, this property is designed for low-maintenance, long-term performance. With an annual gross income of $36,000 and minimal overhead, this "Cash Cow" is ready for Day 1 operations. Schedule your showing today!

425 E Sessoms Avenue, Lake Wales

425 E Sessoms Avenue, Lake Wales

425 E Sessoms Avenue, Lake Wales

3 Beds ⋅ 3 Baths ⋅ Lake Wales SubDv. ⋅ 33853 Zip Code

Just reduced the price! the seller is motivated on this Versatile Property with Multiple Living Spaces, New Roof, and Endless Possibilities Discover a unique opportunity at 425 E Sessoms Ave in Lake Wales. Situated on a spacious 0.31-acre lot, this property features two solid brick residential buildings and three separate living spaces, offering exceptional flexibility for homeowners, investors, multi-generational families, or anyone seeking additional room for guests, hobbies, or rental income. Main Cottage (425 E Sessoms Ave) This charming standalone 1-bedroom, 1-bath residence offers approximately 685 square feet of comfortable living space. Inside, you’ll find a cozy fireplace and a finished screened porch, creating the perfect spot to relax with morning coffee or unwind at the end of the day. Second Residential Building (427 E Sessoms Ave) The rear building is configured into two separate living areas: * Front Suite: Private 1-bedroom, 1-bath unit with its own entrance and welcoming front porch. * Rear Studio: Secluded studio space featuring a separate side entrance for added privacy. Recent Improvements & Features * Brand-new roof installed in 2024 * Central air conditioning in both residential buildings * Detached storage building with dedicated laundry room * Durable brick construction for low-maintenance ownership * Spacious 0.31-acre lot with room to enjoy outdoor living

425 E Sessoms Avenue, Lake Wales

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Kristi Grady- Broker/ Owner

Meet Kristi Grady When it comes to buying or selling a home, having the right real estate professional by your side can make all the difference. At HomeTrust Real Estate & Property Management, we believe every client deserves honest advice, expert guidance, and exceptional service throughout the entire process. Kristi Grady, Broker and Co-Owner of HomeTrust, brings more than 12 years of experience helping buyers, sellers, investors, and families successfully navigate the real estate market throughout Lakeland, Polk County, and Central Florida. Whether you're purchasing your first home, upgrading to your dream home, selling a property, or building an investment portfolio, Kristi is committed to making the process as smooth and stress-free as possible. For buyers, Kristi provides personalized guidance, local market expertise, and skilled negotiation to help clients find the right property at the best possible price. For sellers, she utilizes professional marketing strategies, high-quality photography and video, social media advertising, and proven pricing techniques designed to maximize exposure and achieve top dollar. As a local market expert, Kristi understands the neighborhoods, schools, market trends, and property values that impact buying and selling decisions. Her knowledge and experience help clients make informed decisions with confidence. Kristi also has extensive experience working with real estate investors, assisting with the acquisition, management, and sale of income-producing properties and investment portfolios. She understands the unique goals of investors and provides strategic guidance to help maximize returns and long-term success. In addition, Kristi has a special passion for helping seniors and their families navigate major life transitions. Whether downsizing, relocating closer to family, or moving into assisted or supportive living environments, she provides compassionate guidance and personalized support during what can often be an emotional and challenging process. Known for her communication, professionalism, and dedication to her clients, Kristi takes pride in building lasting relationships and delivering results. Her goal is simple: to help every client achieve their real estate goals while providing a level of service that exceeds expectations. When you're ready to buy, sell, invest, or plan your next move, Kristi is ready to put her experience and expertise to work for you.

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Ryan Grady- REALTOR®/Owner

Meet Ryan Grady Real estate is more than buying and selling homes—it's helping people make some of the biggest financial decisions of their lives with confidence. Ryan Grady, Co-Owner of HomeTrust Real Estate & Property Management, has spent more than 12 years helping buyers, sellers, investors, and landowners navigate the real estate market throughout Lakeland, Polk County, and Central Florida. His passion for helping people, combined with extensive market knowledge and strong negotiation skills, has earned him a reputation for delivering exceptional results while providing a level of service that keeps clients coming back and referring their friends and family. Whether you're a first-time homebuyer, relocating to Florida, searching for investment opportunities, selling a family home, or purchasing commercial land, Ryan understands that every client and every transaction is unique. He takes the time to listen, understand your goals, and develop a strategy designed to help you succeed. One of the qualities clients appreciate most about Ryan is his commitment to communication. Real estate transactions can be stressful, but Ryan believes clients should never be left wondering what comes next. From the initial consultation through closing day, he keeps clients informed, answers questions promptly, and guides them through every step of the process. As a lifelong resident of Polk County, Ryan brings invaluable local knowledge to every transaction. He understands neighborhood trends, school districts, growth patterns, investment opportunities, and the factors that impact property values. This local expertise allows him to help clients make informed decisions whether they are buying, selling, or investing. Ryan and his wife, Kristi, founded HomeTrust Real Estate & Property Management with a simple mission: provide honest advice, exceptional service, and a client-first approach that puts relationships above transactions. Together, they have helped hundreds of families and individuals successfully navigate the real estate process while building a business rooted in trust, integrity, and results. Today, HomeTrust proudly serves buyers, sellers, investors, landlords, and tenants throughout Central Florida. Through professional marketing, expert negotiation, cutting-edge technology, and a commitment to personalized service, Ryan works tirelessly to help clients achieve their real estate goals. When you're ready to make your next move, Ryan is ready to put his experience, knowledge, and dedication to work for you. Your goals become our mission, and your success becomes our success.

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