Under contract-accepting backup offers. Enjoy true Florida waterfront living at 4742 Cypress Dr in Lake Wales. Available fully furnished. 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. Available fully furnished.
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. Available fully furnished.
Property Details
Price:
$265,000
MLS #:
L4959042
Status:
Active Under Contract
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
PALM ACRES SUB
Neighborhood:
33898lakewales
Listed Date:
Jan 30, 2026
Finished Sq Ft:
1,364
Total Sq Ft:
1,700
Lot Size:
12,998 sqft / 0.30 acres (approx)
Year Built:
1976
See this Listing
Schools
Interior
Appliances
Dishwasher, Microwave, Range, Refrigerator
Bathrooms
1 Full Bathroom
Cooling
Central Air, Mini-Split Unit(s)
Flooring
Carpet, Luxury Vinyl
Heating
Central
Interior Features
Ceiling Fan(s), Thermostat, Window Treatments
Laundry Features
In Garage
Levels
One
Exterior
Attached Garage YN
1
Construction Materials
Block
Covered Spaces
1
Direction Faces
East
Exterior Features
Lighting, Other
Garage Spaces
1
Roof
Shingle
Waterfront Features
Canal – Freshwater
Financial
Tax Year
2025
Taxes
$3,373
Map
Community
- Address4742 CYPRESS DRIVE LAKE WALES FL
- SubdivisionPALM ACRES SUB
- CityLAKE WALES
- CountyPolk
- Zip Code33898
Subdivisions in LAKE WALES
- 0000122782
- 939210
- ACREAGE
- ALTADENA SUB
- ANCHOR INN
- ANCHOR INN SUB
- ANNABELLE ESTATES
- BLANCHARD TERRACE
- BRIGGS ADD
- BROOKSHIRE
- BULLARD BLDG CONDO
- BUSH HEIGHTS
- CALOOSA LAKE VILLAGE
- CALOOSA LAKE VILLAGE UN 2
- CARLTON CLUB INC REP
- CARLTON MANOR
- CAROLTON MANOR
- CARY WALTERS SUB
- CENTRAL LAKE ESTATES
- CHALET ESTATES
- CHERRY POCKET
- CITRUS RIDGE OF LAKE WALES
- CORAL ACRES
- COUNTRY CLUB ESTATES
- COUNTRY CLUB VILLAGE CONDO
- COUNTRY CLUB VILLAGE PH 02
- COUNTRY CLUB VILLAGE PH 03
- COUNTRY CLUB VILLAGE PH 3
- COUNTRY OAKS ESTATES
- CROOKED LAKE PARK 02
- CROOKED LAKE PARK TR 05
- CROWN POINTE PH 01
- CROWN POINTE PH 02
- DANGELO SUB
- DINNER LAKE SHORES PH 01
- DINNER LAKE SHORES PH 03
- DINNER LAKE SHORES PH 1
- DINNER LAKE SOUTH
- DRUID HILLS
- EAST LAKE PARK PH 01
- EAST PARK HEIGHTS
- EAST PARK HEIGHTS ADD
- EASTLAKE PARK PH II
- EMERALD & ALVINA ESTATES
- FAIR OAKS SUB
- FAIRMONT
- FRESCO PARK
- FRESCO PARK PB 33 PG 20
- GENESIS POINT
- GENESIS POINT CONDO
- GLEN ST MARY SUB
- GOLDENBOUGH T A YARNELL
- GOLF VIEW PARK
- GOLF VIEW PARK RESUB
- GRANADA 04 & V CONDO
- GRANADA CONDO
- GRANADA LAND CONDO
- GREENBRIAR PH 01
- GREENBRIAR PH 1
- H M J INC PROP
- HARPER ESTATES
- HARTMANS SUB
- HECKSCHER SECOND ADD
- HEMINGWAY VILLAGE
- HESPERIDES SUB REVISED PB 7 PG 32
- HIBISCUS PARK
- HICKORY RIDGE ESTATES
- HIGHLAND ACRES PB 58 PG 42
- HIGHLAND CREST PH 02
- HIGHLAND PARK MANOR 01
- HIGHLAND PARK MANOR 04
- HIGHLAND PARK PINES SUB
- HIGHLAND PARK SUB
- HIGHLAND POINTE
- HIGHLAND POINTE PH 02
- HOWEY W J LAND STARR LAKE
- HUNT CLUB AT LAKE WALES PHASE 1
- HUNT CLUB AT LAKE WALES PHASE 1 PB 206 PGS 1-6 LOT
- HUNT CLUB GROVES
- HUNT CLUB GROVES 40S
- HUNT CLUB GROVES 50S GC
- HUNT CLUB/LK WALES PH 1
- HUNT CLUB/LK WALES SOUTH PH I
- INDIAN LAKE ESTATES
- JENNY ACRES
- LA CASA
- LA CASA CONDO
- LAKE
- LAKE ASHTON
- LAKE ASHTON GOLF CLUB PH 01
- LAKE ASHTON GOLF CLUB PH 02
- LAKE ASHTON GOLF CLUB PH 03-A
- LAKE ASHTON GOLF CLUB PH 03B
- LAKE ASHTON GOLF CLUB PH 04
- LAKE ASHTON GOLF CLUB PH 06
- LAKE ASHTON GOLF CLUB PH 1
- LAKE ASHTON GOLF CLUB PH II
- LAKE ASHTON GOLF CLUB PH III-A
- LAKE ASHTON GOLF CLUB PH IV
- LAKE HAVEN ACRES
- LAKE PIERCE HEIGHTS RESUB PT & LAKE PIERCE HEIGHTS
- LAKE PIERCE RANCHETTES
- LAKE PIERCE RANCHETTES FIFTH ADD
- LAKE PIERCE RANCHETTES FIRST ADD
- LAKE PIERCE RANCHETTES SECOND ADD
- LAKE PIERCE RETREAT ADDITION
- LAKE PIERCE RETREATS
- LAKE PIERCE VISTAS
- LAKE ROSALIE OAKS
- LAKE ROSALIE RANCHES
- LAKE WALES
- LAKE WALES ESTATE
- LAKE WALES ESTATES
- LAKE WALES ESTATES PRCL 345
- LAKE WALES ESTS TRACT 561 SEC
- LAKE WALES HEIGHTS
- LAKE WALES HGHTS
- LAKE WALES HIGHLAND HEIGHTS RESUB
- LAKE WALES HIGHLAND HEIGHTS RESUB PT
- LAKE WALES LAND CO RESUB
- LAKE WALES LAND CO SUB
- LAKE WALES POLK CO FL
- LAKE WALES RESUB
- LAKE WALES VILLAGE
- LAKE WALES VILLAGE CONDO
- LAKE WALK IN WATER HEIGHTS
- LAKESHORE CLUB
- LANDINGS AT LAKE EASY
- LEIGHTON LNDG
- LEOMA’S LANDING 50’S
- LEOMAS LANDING
- LEOMAS LANDING – PHASE 2
- LEOMAS LNDG PH 1
- LEOMAS LNDG PH I
- LINCOLN PARK ADD
- LK PIERCE PCLS 360 THRU 364
- LONG HAMMOCK PH 01
- LONGLEAF CONDO 11
- MABEL PLACE
- MAGNOLIA PARK SUB
- MAMMOTH GROVE
- MAMMOTH GROVE SEC 31
- MASSICOTTE
- MASTERPIECE PARK ESTATES
- MONEYTREE RANCHETTES SUB
- MOUNTAIN LAKE UNREC
- NATURES EDGE RESORT PH 01
- NATURES EDGE RESORT PHASE ONE
- NONRESIDENTIAL CONDO
- NORTH SHORE HILLS
- NORTH SHORE HILLS ADD
- NORTHSHORE HIGHLANDS
- NORTHSIDE HEIGHTS
- NOT IN SUBDIVISION
- OAK ACRES
- OAKWOOD GOLF CLUB PH 02
- ORANGE CENTER SUB
- ORANGE HEIGHTS SYNDICATE
- ORANGE PARK
- OUTDOOR RESORTS RIVER RANCH INN & COTTAGES A CONDO
- OUTDOOR RESORTS RIVER RANCH INN & COTTAGES PH 01
- OUTDOOR RESORTS RIVER RANCH RV RESORT PH 02
- OUTDOOR RESORTS RIVER RANCH RV RESORT PH 03
- OUTDOOR RESORTS RIVER RANCH RV RESORT PH 04
- OUTDOOR RESORTS RIVER RANCH RV RESORT PH 05A
- PALM ACRES SUB
- PINEHURST SUB
- PLEASANT ACRES
- PLEASANT ACRES UN 2
- PLEASANT ACRES UN 4
- POINCIANA HEIGHTS
- RESERVE AT FOREST LAKE
- RESERVE/FRST LK PH 1
- RESORT AT CANOPY OAKS
- RESORT/CANOPY OAKS
- REVISED HESPERIDES SUB
- RIDGE MANOR
- RIVER RANCH SHORES
- ROBINS RUN PHASE 1
- ROLLING OAK RIDGE SUB
- SADDLEBAG
- SADDLEBAG LAKE
- SCENIC BLUFF PH 2
- SCENIC BLUFF PH I
- SHADOW LAWN SUB
- SHEPHARDS
- SOUTH LAKE WALES
- SOUTH LAKE WALES YACHT CLUB SEC 01 REV
- SOUTH SHORE OAKS REP 02
- SOUTH SHORE RESIDENCE
- SOUTH SHORE RESORT AN RV CONDO
- STARR LAKE DEV CO SUB
- STONES SUB
- SUNSET POINTE PH 02
- SUNSET POINTE PH 3
- TAYLOR GRVS
- THOUSAND ROSES
- THULBERRYS FIRST ADD
- THULBERRYS SECOND SUB
- TIBADOS SUB
- TIGER CREEK
- TIGER CREEK FOREST
- TIGER CREEK FOREST ADD
- TIGER CREEK GROVES
- TIGER CREEK SUB
- TILLMAN SUB
- TIMBERLAKE SUB
- TIMBERLANE SUB
- TINDEL RANCHES
- TIOTI BEACH ESTATES
- TIOTIE BEACH ESTATES
- TIOTIE BEACH ESTATES PHASE 1
- TIOTIE BEACH ESTATES UNIT 1
- TRACT 123
- TWENTY-SEVEN CORNERS
- TWIN FOUNTAINS CLUB
- TWIN FOUNTAINS INC A CONDO MHP
- TWIN LAKE PARK
- TWIN LAKE PARK RESUB
- TWIN LAKE PARK SUB
- UNREC LAKE WALES ESTATES
- VIEW POINTE
- WALK IN THE WATER VILLAGE UNIT 01
- WALK IN THE WATER VILLAGE UNIT 03
- WALK IN THE WATER VILLAGE UNIT THREE
- WALK IN WATER LAKE ESTATES
- WALK IN WATER LAKE ESTATES PH 01
- WALK IN WATER LAKE ESTATES PH 03
- WALK IN WATER LAKE ESTATES PH 05
- WALK IN WATER VILLAGE
- WALK-IN-WATER LAKE ESTATES
- WASHINGTON PARK
- WAVERLY
- WEST INDIAN LAKE HEIGHTS
- WEST LAKE WALES
- WHISPERING RDG PH 1
- WHISPERING RIDGE HOMEOWNERS ASSOCIATION
- WHISPERING RIDGE PH 01
- WOODLAND HILLS
- WOODLANDS
Market Summary
Current real estate data for Single Family in LAKE WALES as of Sep 09, 2026
281
Single Family Listed
128
Avg DOM
201
Avg $ / SqFt
$349,490
Avg List Price
Property Summary
- Located in the PALM ACRES SUB subdivision, 4742 CYPRESS DRIVE LAKE WALES FL is a Single Family for sale in LAKE WALES, FL, 33898. It is listed for $265,000 and features 2 beds, 1 baths, and has approximately 1,364 square feet of living space, and was originally constructed in 1976. The current price per square foot is $194. The average price per square foot for Single Family listings in LAKE WALES is $201. The average listing price for Single Family in LAKE WALES is $349,490. To schedule a showing of MLS#l4959042 at 4742 CYPRESS DRIVE in LAKE WALES, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
Similar Listings Nearby
Courtesy of KELLER WILLIAMS REALTY SMART 1. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 4742 CYPRESS DRIVE
LAKE WALES, FL