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Enjoy true Florida waterfront living at 4742 Cypress Dr in Lake Wales. This home sits on a canal with direct access to Lake Pierce, a 3,700-acre Old Florida lake known for peaceful views and excellent bass and speck fishing. An updated seawall, covered dock with two boat slips, and quick access to the open lake make this a great spot for boating and relaxing by the water. The extra-large corner lot offers plenty of room for boats, RVs, or trailers, plus a rear concrete driveway backing directly to the canal and a storage shed for fishing gear, kayaks, and outdoor toys. Inside, the home features a bright Florida room with a new mini-split, an open living and dining area, and a kitchen with stainless steel appliances and breakfast bar. Recent updates include a new roof on the home and shed (2022) and a central A/C replaced in 2018. With a public boat ramp about a mile away, this home is perfect as a full-time residence, seasonal getaway, or weekend lake escape.
| DAYS ON MARKET | 1 | LAST UPDATED | 1/30/2026 |
|---|---|---|---|
| TRACT | PALM ACRES SUB | YEAR BUILT | 1976 |
| COMMUNITY | 33898 - Lake Wales | GARAGE SPACES | 1.0 |
| COUNTY | Polk | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Microwave, Range, Refrigerator |
| AREA | 33898 - Lake Wales |
| CONSTRUCTION | Block |
| EXTERIOR | Lighting, Other |
| GARAGE | Yes |
| HEAT | Central |
| LOT | 0.3 acre(s) |
| LOT DESCRIPTION | Waterfront |
| LOT DIMENSIONS | 88x125 |
| PARKING | Attached |
| SEWER | Septic Tank |
| STORIES | 1 |
| SUBDIVISION | PALM ACRES SUB |
| TAXES | 3373.02 |
| UTILITIES | Cable Available, Electricity Connected, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Canal, Water |
| WATER | Public |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Canal Front |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Sam Daniels, KELLER WILLIAMS REALTY SMART 1, 863-508-3000
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 1/30/26 6:59 PM PST.
This IDX solution is (c) Diverse Solutions 2026.