453 WATERWAY DRIVE, LAKE WALES, FL, 33867
Active8 days on marketListed Aug 3, 2026MLS #TB8530852
About this home
453 WATERWAY DRIVE
ULTIMATE WATERFRONT LUXURY IN RIVER RANCH RV RESORT! Crafted for the most discerning buyer seeking unparalleled luxury in Central Florida, this completely renovated waterfront estate is the undisputed crown jewel of the community. This massive corner lot spans an impressive footprint of over 4,500 square feet, making it one of the largest and most premier properties out of only 60 highly coveted waterfront lots in the entire resort. Perfectly positioned at the quiet end of the canal loop, the property features beautifully protected waters and exceptional privacy. The entire lot is blanketed in premium custom brick pavers for a pristine, low-maintenance aesthetic, while masterfully designed landscape lighting transforms the estate into a glowing oasis after dark. A spectacular new luxury pavilion ensures you can camp and entertain in total comfort, rain or shine. For water enthusiasts, a newer, high-end composite dock lines the water—perfect for fishing or safely mooring your boat, jet skis, and kayaks. This turn-key paradise comes fully furnished with a premium outdoor kitchen area, grill, high-end dining table, comfortable seating, umbrellas, and a cozy fire pit table set, allowing you to move right in and start enjoying the lifestyle. (Please note: The decorative bronze statues do not convey). Serious anglers and boaters will appreciate the water access out into the historic Kissimmee River, flowing effortlessly into Lake Kissimmee and navigating all the way south into Lake Okeechobee. Living in this exclusive, big-rig-friendly, golf-cart community offers effortless lock-and-leave convenience. The quarterly HOA fee of $942 takes care of all your essentials, covering water, sewer, trash service, lawn maintenance, high-speed internet, cable/streaming TV, and 24/7 gated community security. Resort owners enjoy private access to resort-style heated pools, hot tubs, tennis and pickleball courts, a modern fitness center, and a luxury owner's lounge. Best of all, you are just a short golf cart ride away from the legendary Westgate River Ranch Resort & Dude Ranch. This adjacent playground grants you seamless access to a state-of-the-art water park and drop slides, a full-service marina, trap and skeet shooting, horseback riding, swamp buggy tours, and the world-famous Saturday Night Rodeo. Top-tier on-site dining and conveniences include the River Ranch Cattle Company Steakhouse, Starbucks, a saloon with live country music, and a fully stocked general store. This is a rare opportunity to own the finest waterfront lot in the resort.
Facts & features
The home at a glance
0.1 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$3,087 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,087/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Lake Wales
Get to know Lake Wales. See the full Lake Wales guide →
LAKE WALES 33867 — neighborhood snapshot
Population
64
Median age
69.8
Avg household
1.21
For the school run
Polk County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Lake Wales market
$275K → $271K
Lake Wales median sold, yr/yr
96.3%
Sale-to-list ratio (12 mo)
Median sold price, Lake Wales, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 142% above the LAKE WALES 33867 median. See the full Lake Wales market guide →
Paper trail
This home's history
Reality check
What actually sold near 453 WATERWAY DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$160,000
47 PALAMINO PATH
1 bd · 1 ba · 480 sqft · $333/sqft · 81 DOM
Sold · Jun ’26$142,000
3200 RIVER RANCH BOULEVARD UNIT 303
1 bd · 1 ba · 555 sqft · $256/sqft · 233 DOM
Sold · Oct ’25$162,000
3200 RIVER RANCH BOULEVARD UNIT 204
1 bd · 1 ba · 629 sqft · $258/sqft · 388 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Rui Ma
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 453 WATERWAY DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 453 WATERWAY DRIVE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Rui's phone and CRM.
Straight answers
453 WATERWAY DRIVE FAQs
What would the monthly payment be for 453 WATERWAY DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,087/mo — principal and interest, the actual property-tax bill, the $314/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 453 WATERWAY DRIVE?+
The association fee works out to $314 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 453 WATERWAY DRIVE?+
The most recent tax bill on record (2025) was $2,879. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 453 WATERWAY DRIVE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Lake Wales?+
At $375,000, this home is listed about 48% above the Lake Wales median of $253,990. The market section on this page shows how the area is trending.
Which schools are assigned to 453 WATERWAY DRIVE?+
Frostproof Ben Hill Griffin Junior Elementary School (elementary) — Polk County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of FUTURE HOME REALTY INC · Michelle Chandler. MLS #TB8530852.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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