242 River Ranch BOULEVARD, Lake Wales, FL, 33898 | $649,999

Charming 3-Bedroom, 2-Bathroom Home on 5+ Acres with Direct Access to River Ranch!

Discover this beautifully remodeled 3-bedroom, 2-bathroom single-family home, with approximately 2, 300 sqft of living space and sitting on just over 5 acres of land. Perfect for those who love the great outdoors, this unique property offers direct access to the renowned River Ranch, a 44, 000-acre privately owned recreational property, perfect for hunting, trail riding, camping, and mudding. Only legal property owners with an active membership in RRPOA can enjoy this exclusive access.

The home has been substantially updated with modern features, including a kitchen with stainless steel appliances, sleek quartz countertops, and vinyl laminate flooring throughout—except for the entertainment room, which is tiled. Outdoors, enjoy the serene views of your private pond with a fountain, perfect for relaxing evenings by the firepit. The detached garage adds to the convenience of this property.

Originally used as a hunting lodge, this home is an ideal retreat for sportsmen and outdoor enthusiasts. It would make for a great homestead, second home or short term rental property. This property has an separate guest house that is not currently habitable, but could be rehabbed to provide additional living space. There is also a small corral for livestock on the property. Situated on the same street as the entrance to Westgate River Ranch Resort, this location offers an adventure-filled lifestyle with nearby amenities including horseback riding, fishing, airboat rides, and more, all within the heart of Florida’s outdoors.

Don’t miss out on this unique opportunity—schedule a tour today!

Features

  • Rooms: 3
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Laundry Closet
  • Year Built: 1975
  • Garage: 1-car
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,329
  • Acreage: 1.28
  • Est. Taxes: $4,012
  • View: Trees/Woods
  • Elem. School: Frostproof Elem
  • Middle School: Frostproof Middle Se
  • High School: Frostproof Middle - Senior High
  • Pet Policy: Cats OK, Dogs OK, Yes
  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer, Water Filtration System
  • MLS#: O6241103
  • Days on Market: 10 days
  • Website: https://www.raveis.com
    /prop/O6241103/242riverranchboulevard_lakewales_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/22/2024 3:42:01 AM)
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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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242 River Ranch BOULEVARD, Lake Wales, FL, 33898

$649,999

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $519,999 $519,999 $519,999
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.296%
Monthly Tax Payment $334 $334 $334
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,460 $3,456 $4,385
Total Monthly Payment $3,886 $3,882 $4,811

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.