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Lake Wales

Lake Wales

Located in Polk County

$307,668 Average Value
$170 Average Price per Sq Ft
266 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
Nick Seitz
Video By
Nick Seitz

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

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Lake Wales Housing Trends

Housing Trends

Median List Price
$289,925
Median Sale Price
$278,740
Median Single Family Sale Price
$286,575
Median Townhouse Sale Price
$250,990
Median 2 Bedroom Sale Price
$99,900
Median Change From 1st List Price
2%
Last 12 months Home Sales
470
Median Home Sale Price YoY Change
4%
Average Price Per Sq Ft
$170

Area Facts

Number of Homes
6,331
Number of Homes for Sale
266
Median Year Built
1979
Months of Supply
6.80
Average Single Family Home Size Sq Ft
1,707
Below the national average
1,929
Average Townhouse Size Sq Ft
1,520
Average 2 Bedroom Size Sq Ft
1,052
Median Lot Size Sq Ft
9,583

Open Houses

  • Saturday, Nov 1
    Open Sat 9AM - 11AM

    4111 Muirfield Loop, Lake Wales, FL 33859

    $324,900

    • 2 Beds
    • 2 Baths
    • 1,688 Sq Ft
    • 4111 Muirfield Loop
    • New 16 days ago

    BREATHTAKING WATER VIEWS, & CDD BOND DEBT PAID OFF AT CLOSING! A MUST SEE! This beautifully maintained Hemingway floorplan offers 2 bedrooms, 2 baths, and a versatile den across 1,688 square feet of comfortable living space, showcasing breathtaking water views of Lake Ashton along with peaceful canal and pond views where you can enjoy abundant wildlife. Major updates include a new roof in

    Agent Photo
    Emily Muscarella
    A+ REALTY LLC
    (863) 274-9652
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  • Saturday, Nov 1
    Open Sat 11AM - 5PM

    512 Pine Ridge Ct, Lake Wales, FL 33853

    $247,562

    • 3 Beds
    • 2.5 Baths
    • 1,463 Sq Ft
    • 512 Pine Ridge Ct

    This delightful, two-story home showcases an open floor plan with luxury vinyl plank flooring and a generous great room. The kitchen boasts 36-in. upper cabinets, granite countertops, a breakfast bar, pantry, a stylish Moen® faucet and Whirlpool® stainless steel appliances. Upstairs, you'll find the convenience of a dedicated laundry room, along with two additional bedrooms that offer ample

    Agent Photo
    Tara Garkowski
    KELLER WILLIAMS ADVANTAGE REALTY
    (863) 264-2558
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  • Friday, Oct 31
    Open Fri 11AM - 1PM

    23 Saddlebag Trail S, Lake Wales, FL 33898

    $160,000

    • 2 Beds
    • 2 Baths
    • 816 Sq Ft
    • 23 Saddlebag Trail S
    • New 4 days ago

    Fully furnished and turnkey, this two bedroom/two bathroom home is move in ready and ready for it's new owner! Located in the premier 55+ gated community of Saddlebag Lake Resort where you OWN the land, the home is situated on a lot with a water view, and you can access the lake from the community boat ramp. The home is all on one level, there's no going up and down steps once inside. The

    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

Neighborhoods in Lake Wales

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®®

8 / 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