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Executive Summary

This residential development site on Mountain Lake Cutoff Road in Lake Wales, Florida, offers a prime opportunity for builders and investors. The property is approved and shovel ready for 193 single-family residences, making it an attractive option for those seeking to deliver a new community in a growing Central Florida market.
The site is strategically located near major transportation corridors, including U.S. Highway 27 and State Road 60, providing convenient access to Winter Haven, Lakeland, and the greater Orlando area. The surrounding region is experiencing steady population growth, supported by strong employment sectors and proximity to recreational destinations such as Legoland Florida and the Chain of Lakes.
The property’s approval for single-family homes allows developers to move forward quickly with construction, reducing entitlement risk and accelerating project timelines. With utilities accessible in the area and nearby residential developments already established, this site is well-positioned to meet the demand for quality housing in Polk County.
Owner's financing available, will consider multiple take downs, will pay realtors commission.

Property Facts

Price $4,825,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 53.21 AC

1 Lot Available

Lot

Price $4,825,000
Price Per AC $90,681.63
Lot Size 53.21 AC
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 27-29-33-000000-013000
  • 27-29-33-000000-011040
Land Assessment
$394,828
Improvements Assessment
$0
Total Assessment
$434,932
  • Listing ID: 39935960

  • Date on Market: 3/27/2026

  • Last Updated:

  • Address: 1485 Mountain Lake Cutoff Rd, Lake Wales, FL 33853

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