38 QUEEN OF WATERS STREET, Lake Wales, FL 33898

• 2 beds |
• 2 baths |
• 1,152 sqft

Property Description

THIS HOME QUALIFIES FOR 100% FINANCING (No PMI and No Income Restrictions with preferred lender). Enjoy lakefront living in the highly sought-after Saddlebag Lake Resort, a gated 55+ community where you own the land and enjoy resort-style amenities. This well-maintained 2-bedroom, 2-bath home offers beautiful waterfront views and a peaceful setting with a greenway on one side, providing added privacy. A spacious 24’ x 10’ screened porch overlooks the lake and offers the perfect space to relax and enjoy the view. Inside, the home features an open-concept floor plan with a spacious kitchen and island, ideal for entertaining and everyday living. The home is partially furnished and includes a washer and dryer, making it move-in ready. The primary bedroom features a large closet and an ensuite bathroom with a double vanity and walk-in shower. The guest bedroom also offers a generous closet, and the guest bathroom includes a tub/shower combination. This home has been meticulously maintained with major updates already completed, including a new roof in December 2022 and an HVAC system replaced in 2022. A large 24’ x 24’ carport was added in 2014, providing ample shade and coverage for vehicles. The landscaped yard is low maintenance, allowing you more time to enjoy the community and lake lifestyle. A ramp provides easy access to the home, and a fire hydrant located on the property offers added peace of mind. A large storage shed is included and is spacious enough for a golf cart. Saddlebag Lake Resort is an active adult 55+ community known for its extensive amenities and vibrant lifestyle. Residents enjoy access to a heated pool, sauna, hot tub, shuffleboard courts, tennis and pickleball courts, horseshoe pits, and a clubhouse with a full kitchen and library. The community also features a dog park with a wash station, a golf practice range, RV and boat storage area, and a private boat launch. The lakefront beach house includes a kitchen and restrooms and provides a perfect setting for gatherings and events. Numerous social clubs and activities are available for residents, including fishing, golf, men’s and women’s clubs, a dog owners’ club, horseshoes, and organized travel opportunities coordinated for the community. This property offers the opportunity to enjoy affordable lakefront living with resort-style amenities in one of Central Florida’s most desirable 55+ communities. Schedule your private showing today.

Listing Status:

Active

Date Added:

March 24, 2025

Data Last Updated:

March 29, 2026 at 12:21AM

Listing Office:

REMAX EXPERTS : 863-802-5262

Listing Agent:

Amanda Wright : 863-221-5230

MLS ID:

L4951660

Interior

• General: Ceiling Fans(s)L DiningLiving Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main FloorThermostatVaulted Ceiling(s)Window Treatments
• Appliances: DishwasherDisposalDryerElectric Water HeaterMicrowaveRangeRefrigeratorWasher
• Laundry: InsideLaundry Room
• Flooring: LaminateLinoleum
• A/C: Central Air
• Heating: Electric

Exterior

• General: Awning(s)LightingRain GuttersSliding Doors
• Style: Florida
• Other Structures: Shed(s)PorchRear PorchScreenedSide PorchCovered
• Parking: DrivewayGround LevelOff Street

Construction

• Roofing: Shingle
• Windows: BlindsDouble Pane Windows
• General: OtherVinyl SidingFrameOneCrawlspaceOtherSlab

Location

• Road/Access: AsphaltPaved
• HOA Amenities: ClubhouseFitness CenterGatedLaundryPickleball Court(s)PoolRacquetballRecreation FacilitiesSaunaSecurityShuffleboard CourtSpa/Hot TubStorageTennis Court(s)Common Area TaxesPoolMaintenance GroundsManagementPrivate RoadRecreational FacilitiesSecuritySewerTrashWater734.0Quarterly
• Originating MLS: Stellar MLS
• County: Polk

Lot

• Zoning: PUDSADDLEBAG LAKE UNIT #2 PB 61 PGS 18/20 BLK 32 LOT 128-30-01-939020-032010
• View: Water

Utilities

• Utilities: Cable ConnectedElectricity ConnectedSewer ConnectedWater Connected
• Water: Private
• Sewer: Private Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple