To schedule a showing of 4742 Cypress Drive, Lake Wales, Florida, Call David Shippey at 863-521-4517 TODAY!

$270,000 Reduced -$5,000
4742 Cypress Drive
Lake Wales, FL 33898
  • 2Beds
  • 1.00Total Baths
  • 1 Full, 0 HalfBaths
  • 1,364SqFt
  • 1976Year Built
  • 0.30Acres
  • MLS# L4959042
  • Residential
  • SingleFamilyResidence
  • Active

  • Approx Time on Market4 months, 4 days
  • Area33898 - Lake Wales
  • CountyPolk
  • Subdivision Palm Acres Sub

Overview

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.



Agriculture / Farm

Association Fees / Info

Bathroom Info

Total Baths:  1.00

Fullbaths:  1

Building Info

Window Features:  WindowTreatments

Roof:  Shingle

Building Area Source:  PublicRecords

Buyer Compensation

Exterior Features

Exterior Features:  Lighting, Other

Fees / Restrictions

Financial

Original Price:  $300,000

Garage / Parking

Attached Garage:  Yes

Garage:  Yes

Green / Env Info

Interior Features

Floors:  Carpet, LuxuryVinyl

Levels:  One

Laundry Features:  InGarage

Interior Features:  CeilingFans, WindowTreatments

Appliances:  Dishwasher, Microwave, Range, Refrigerator

Lot Info

Direction Remarks:  hwy 27s, turn left onot Chalet Suzanne rd, 5.2mi turn left onto Timberlane rd, .6 miles turn right onto palm acres ave, .2 miles turn left onto cypress dr, home is on your left

Lot Size Units:  Acres

Lot Size Acres:  0.3

Lot Sqft:  12,998

Est Lotsize:  88x125

Misc

Other

Special Conditions:  None

Other Rooms Info

Property Info

Section:  08

Class Type:  SingleFamilyResidence

Property Sub Type:  SingleFamilyResidence

Construction Materials:  Block

Stories:  1

Total Stories:  1

Foundation:  Slab

Room Info

Total Rooms:  6

Sqft Info

Sqft:  1,364

Bulding Area Sqft:  1,700

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,025

Tax Lot:  22

Tax Legal Description:  PALM ACRES SUB PB 41 PG 18 LOT 22 & E 25 FT OF S 40 FT OF LOT 23

Tax Annual Amount:  3373.02

Tax Book Number:  41-18

Unit Info

Utilities / Hvac

Heating:  Central

Water Source:  Public

Sewer:  SepticTank

Cool System:  CentralAir, Ductless, CeilingFans

Cooling:  Yes

Heating:  Yes

Utilities:  CableAvailable, ElectricityConnected, SewerConnected, WaterConnected

Waterfront / Water

Waterfront:  Yes

Waterfront Features:  CanalAccess

View:  Yes

View:  Canal, Water

Directions

hwy 27s, turn left onot Chalet Suzanne rd, 5.2mi turn left onto Timberlane rd, .6 miles turn right onto palm acres ave, .2 miles turn left onto cypress dr, home is on your left

This listing courtesy of Keller Williams Realty Smart 1 

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Price & Status History (on davidshippey.com since Fri, Jan 30th 2026)
  • Original Price: $300,000
  • Current Price: $270,000
  • Price Reduced: $30,000
Date ChangedFromTo
04/21/2026$275,000 $270,000 Reduced by $5,000
03/17/2026$280,000 $275,000 Reduced by $5,000
02/19/2026$300,000 $280,000 Reduced by $20,000

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If you have any questions on 4742 Cypress Drive, Lake Wales, Florida, please call David Shippey at 863-521-4517.


MLS# L4959042 located at 4742 Cypress Drive, Lake Wales, Florida is brought to you by David Shippey REALTOR®

4742 Cypress Drive, Lake Wales, Florida has 2 Beds, 1 Full Bath, and 0 Half Bath.
The MLS Number for 4742 Cypress Drive, Lake Wales, Florida is L4959042.
The price for 4742 Cypress Drive, Lake Wales, Florida is $270,000.
The status of 4742 Cypress Drive, Lake Wales, Florida is Active.
The subdivision of 4742 Cypress Drive, Lake Wales, Florida is Palm Acres Sub.
The home located at 4742 Cypress Drive, Lake Wales, Florida was built in 2026.