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Lake Wales

Lake Wales

Located in Polk County

$312,708 Average Value
$172 Average Price per Sq Ft
66 Homes For Sale

Lake Wales works to create a vision for the future

In the shadow of the iconic carillon at the Bok Tower Gardens lies Lake Wales, a charming Polk County city of 17,000 with a rich past and a promising future. City leaders here are in the middle of a massive reinvigoration plan, including an $18 million upgrade to the historic downtown, improving walkability and preserving valuable open space. All of this is in line with the vision of Frederick Law Olmstead Jr., the iconic American landscape architect who imagined that Lake Wales could be a living, growing work of art – a city as a garden. “You go downtown and you see the revitalization projects going on, the changes that are being made,” says Karen Boyette, a Realtor with Signature Realty Associates. “It’s really awesome for Lake Wales that people will be able to get around a historic district where more and more little shops are opening up. It’s very exciting.”

In the shadow of the iconic carillon at the Bok Tower Gardens lies the city of Lake Wales.
In the shadow of the iconic carillon at the Bok Tower Gardens lies the city of Lake Wales.
Lake Wales has seen a massive reinvigoration with an $18 million upgrade to downtown.
Lake Wales has seen a massive reinvigoration with an $18 million upgrade to downtown.
The reinvigoration of downtown is the centerpiece of the community’s redevelopment plans.
The reinvigoration of downtown is the centerpiece of the community’s redevelopment plans.
The gardens at Bok Tower feature many different species of flora, and changes with the seasons.
The gardens at Bok Tower feature many different species of flora, and changes with the seasons.
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Downtown revitalization is key to the city's growth

The reinvigoration of downtown is the centerpiece of the community’s redevelopment plans. Projects include retrofitting streets to make them more pedestrian-friendly and accessible to bike riders and preserving open space that will be connected to downtown via a network of trails. The downtown district is a growing hub of activity that features a collection of local shops and eclectic eateries. Additional shopping and dining destinations are concentrated along several commercial corridors, with the busiest being State Road 60. “You’ve got Manny’s Original Chophouse; Norby’s, which has been around forever; and Crazy Fish, which is really popular,” Boyette says. The Publix-anchored Southgate Shopping Center is located along SR 60 as well.

Olmsted Jr. who  designed Bok tower gardens also helped design the downtown district.
Olmsted Jr. who designed Bok tower gardens also helped design the downtown district.
Downtown Lake Wales is full of local mom & pop restaurants and shops
Downtown Lake Wales is full of local mom & pop restaurants and shops
The historic Rhodesbilt Arcade building features an array of shops & dining options for guests.
The historic Rhodesbilt Arcade building features an array of shops & dining options for guests.
Start your morning off with a fresh cup of coffee and homemade pastry from The Ranch Coffeehouse
Start your morning off with a fresh cup of coffee and homemade pastry from The Ranch Coffeehouse
Manny’s Original Chophouse is a local favorite in Lake Wales.
Manny’s Original Chophouse is a local favorite in Lake Wales.
Locals flock to Publix Supermarkets for their weekly groceries
Locals flock to Publix Supermarkets for their weekly groceries
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Tourism and citrus anchor the economy

A revitalized downtown will bring more tourism dollars into the city and boost an economy that has traditionally been dependent on the citrus industry. Citrus groves are still found in and around the city, and Florida’s Natural Growers on U.S. Highway 27 is a major employer. The city’s attempts to attract more manufacturing jobs are an effort to diversify the economy. Advanced Drainage System began construction of a state-of-the-art pipe-making facility in May of 2024.

Rolling Citrus groves are still found in and around Lake Wales.
Rolling Citrus groves are still found in and around Lake Wales.
Residents of Lake Wales can enjoy the fragrance of orange blossoms and citrus every spring.
Residents of Lake Wales can enjoy the fragrance of orange blossoms and citrus every spring.
The Citrus giant, Florida’s Natural Growers is one of Lake Wales' major employer.
The Citrus giant, Florida’s Natural Growers is one of Lake Wales' major employer.
In 2024 Advanced Drainage System began construction on a new facility in Lake Wales
In 2024 Advanced Drainage System began construction on a new facility in Lake Wales
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Outdoor recreation is a big draw

Recreational opportunities are plentiful throughout the city. Lake Wailes, which retains a different spelling, is the center of recreational activity within the city limits. Joggers and cyclists can take advantage of the paved Lake Wales Park Trail. The city recently received a $282,380 grant for the Tower Boulevard trail project that will connect the trail to Bok Tower Gardens. Other recreational attractions include the Linton Sports Complex, which hosts youth baseball and softball competitions, and the Lake Wales Soccer Complex. Lake Wales Country Club features an 18-hole public golf course and a tennis program for children and adults. The city’s activity extends to community events, including the annual Orange Blossom Review and Pioneer Days festivities. There’s also plenty to do outside the city. “In the unincorporated areas, there are a lot of interesting things like Lake Kissimmee State Park, and there are a lot of lakes in addition to Lake Wailes,” Boyette says.

The nearby River Ranch community provides a popular spot for hunting and camping. The Westgate River Ranch Resort is the largest dude ranch east of the Mississippi and a luxury glamping destination. “People like to come here for all the outdoor activities,” Boyette says. “That’s a big draw.” Bok Tower Gardens is a stunning collection of botanical diversity that was a gift from author and philanthropist Edward Bok to the United States for the opportunities it had given him after moving from The Netherlands at age 6. Bok is buried at the base of the tower, whose bells are rung by a professional carillonneur every 30 minutes. A concert of the bells is performed twice daily. The gardens feature an array of native wildlife at a popular gathering place that is more than a tourist attraction. “I have a membership,” Boyette says. “On Sundays, it’s a great place to go and have a picnic. There’s also Hammock Gardens, which is specifically for kids. They have cooking classes where they use herbs from the gardens, and there are events around the holidays. It’s very important to the community.”

Locals get their exercise on the Lake Wailes Trail, which winds 2.5 miles around Lake Wailes.
Locals get their exercise on the Lake Wailes Trail, which winds 2.5 miles around Lake Wailes.
The Linton Sports Complex hosts youth baseball and softball competitions.
The Linton Sports Complex hosts youth baseball and softball competitions.
Lake Wales Soccer Complex offers a variety of soccer-related activities.
Lake Wales Soccer Complex offers a variety of soccer-related activities.
Lake Wales Country Club features an 18-hole public golf course.
Lake Wales Country Club features an 18-hole public golf course.
Lake Kissimmee State Park was named one of the best parks in Florida.
Lake Kissimmee State Park was named one of the best parks in Florida.
Exceptional water sport activities can be found at Lake Wales Park.
Exceptional water sport activities can be found at Lake Wales Park.
A stunning collection of botanical diversity Bok Tower draws thousands from across the U.S.
A stunning collection of botanical diversity Bok Tower draws thousands from across the U.S.
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Sought-after homes in 55-plus communities

Older homes in a variety of architectural styles are found in walkable neighborhood settings in the heart of the city. Larger homes are found in waterfront settings, golf course settings and on acreage lots in outlying areas. The Lake Ashton 55-plus community features some of the most sought-after housing. Single-family home prices range from the mid-$100,00s to more than $700,000 for lakefront homes. Manufactured homes starting at $60,000 provide an alternative single-family option. Multi-family options include condos and townhouses from the low $100,000s to the high $200,000s. The city’s median sales price is around $300,000. “New construction is going up everywhere, in the outskirts as well as the city proper, but it’s still a good value compared to Lakeland and Winter Haven, which are bigger and more developed,” Boyette says.

Lake Wales if full of eclectic home styles that keep the small town charm.
Lake Wales if full of eclectic home styles that keep the small town charm.
Larger homes are found in waterfront settings, on large acres of land in Lake Wales.
Larger homes are found in waterfront settings, on large acres of land in Lake Wales.
Manufactured homes starting at $60,000 provide an alternative option for those 55 and older.
Manufactured homes starting at $60,000 provide an alternative option for those 55 and older.
Multi-family options include condos and townhomes from the low $100K to the high $200K.
Multi-family options include condos and townhomes from the low $100K to the high $200K.
New construction is going up everywhere in the Lake Wales area.
New construction is going up everywhere in the Lake Wales area.
Lake Ashton features some of the most sought-after housing in all of Lake Wales.
Lake Ashton features some of the most sought-after housing in all of Lake Wales.
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Lake Wales High School partners with Bok Tower Gardens

Students are served by Polk County Public Schools, a district that earns a B from Niche. Lake Wales has its own charter school district, which features the Bok Academy middle school. Lake Wales Senior High School, rated B-plus, benefits from a partnership with Bok Tower Gardens to offer courses focusing on the environment, agriculture and tourism.

Polk Avenue Elementary School is a public school located in Lake Wales, FL.
Polk Avenue Elementary School is a public school located in Lake Wales, FL.
Edward W. Bok Academy North is an above average public charter school located in Lake Wales, FL.
Edward W. Bok Academy North is an above average public charter school located in Lake Wales, FL.
McLaughlin Middle School is a public school located in Lake Wales, FL.
McLaughlin Middle School is a public school located in Lake Wales, FL.
Lake Wales Senior High School is an above average public school in Lake Wales, FL.
Lake Wales Senior High School is an above average public school in Lake Wales, FL.
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Several main roads connect the city to Central Florida destinations

Citrus Connection bus stops are found mostly in the city’s established residential areas, concentrated between State Road 60 and Central Avenue. Advent Health Lake Wales is located near SR 60 in the heart of the city. SR 60 provides access to larger communities to the west, including Bartow and Lakeland. Heading north, U.S. Highway 27 leads directly to Haines City, and Scenic Highway 17 leads directly to Davenport. The nearest full-service airport, Orlando International, is about a 40-mile drive up Interstate 4.

Crime

According to FBI data provided by the city's police department, while murders increased, the overall rate of violent crime fell 33 percent from 2022 to 2023. The rate of property crime fell 8 percent during that time.

Matt Pallister
Written By
Matt Pallister
Jeffery Palmer
Photography Contributed By
Jeffery Palmer
Samantha Houtchens
Video By
Samantha Houtchens

Interested in learning more about homes in this area? Reach out to Frank Mediavilla, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Lake Wales Housing Trends

Housing Trends

Median List Price
$298,000
Median Sale Price
$289,133
Median Single Family Sale Price
$289,950
Median Townhouse Sale Price
$257,990
Median 2 Bedroom Sale Price
$146,800
Median Change From 1st List Price
4%
Last 12 months Home Sales
446
Median Home Sale Price YoY Change
6%
Average Price Per Sq Ft
$172

Neighborhood Facts

Number of Homes in Neighborhood
6,223
Number of Homes for Sale
66
Median Year Built
1979
Months of Supply
1.80
Average Single Family Home Size Sq Ft
1,705
Below the national average
1,924
Average Townhouse Size Sq Ft
1,519
Average 2 Bedroom Size Sq Ft
1,052
Median Lot Size Sq Ft
9,583

Open Houses

  • Sunday, Aug 3
    12 - 3pm

    9148 Oakwood Dr, Lake Wales, FL 33898

    $315,000

    • 2 Beds
    • 2 Baths
    • 1,671 Sq Ft
    • 9148 Oakwood Dr

    Welcome to this lovely home, on a shaded one-acre lot, in Walk in Water Lake Estates, Lake Wales. This home showcases an updated kitchen w/granite countertops, stainless steel appliances, a spacious pantry, & view that opens into the family room, bathed in natural light, thanks to a wall of windows & sliding glass doors that lead to a welcoming back porch. Formal living room at front of home w/a

    Agent Photo
    Todd Murphy
    Real Estate of Florida
    (863) 663-1038
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  • Saturday, Aug 2
    11am - 1pm

    7040 Tamarind Dr, Lake Wales, FL 33898

    $250,000

    • 2 Beds
    • 2 Baths
    • 1,216 Sq Ft
    • 7040 Tamarind Dr
    • New 5 days ago

    OPEN HOUSE SATURDAY AUGUST 2ND 11:00 am-1:00pm Fully furnished 2 bedroom 2 bathroom home with garden in the 55+ community of Nature's Edge. Even better, is that you are near the club house and POOL area. This 2/2 homes offers a garage, air conditioned workshop, covered and screened front and back porch, garden area, covered patio, new AC (2024), NEW furniture, kitchen items, and TV, and walk-in

    Audrey Asciutto Sebring Lakefront Properties, LLC

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  • Tuesday, Aug 5
    11am - 1pm

    79 Saddlebag Trail, Lake Wales, FL 33898

    $123,600

    • 2 Beds
    • 2 Baths
    • 980 Sq Ft
    • 79 Saddlebag Trail
    • New 15 days ago

    Live your best life in this FULLY FURNISHED and turnkey 2/2 home in beautiful Saddlebag Lake Resort, a pet friendly, gated 55+ community in central Florida where you OWN the land! The home has a spacious main living area, with the primary bedroom on the ground floor and a comfortable guest bedroom upstairs. The kitchen has plenty of cabinets and counter space, with an adjacent breakfast nook.

    Kris Bender BENDER REALTY, LLC

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Weather

Annual Precipitation
52''
Average Winter Low Temperature
51°F
Average Summer High Temperature
92°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®®

40 / 100

Car-Dependent

Walk Score®®

19 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Lake Wales
Frank Mediavilla
KNIGHTS REALTY
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