Mabel Place
Homes for Sale in Lake Wales, FL
True comps, carrying-cost math, and listings before the portals.
As of November 2026, the MLS records 24 closed sales in Mabel Place in Lake Wales, FL since 2023, the most recent in June 2026. Across Lake Wales as a whole, 694 homes closed in the last 12 months at a median of $255,668, 73 median days on market, with 387 homes for sale today. At that median and Polk County's FY2025-26 rate of 16.19 mills, annual property tax runs about $4,140 ($3,460 with the full homestead exemption).
Mabel Place is brand-new construction in Lake Wales, with its 122 homes built in 2023 and 2024 and a median year of 2024. That means price here is driven almost entirely by home condition, floor plan, and finish level rather than age or renovation history - everything is effectively the same vintage. The median living area sits around 2,326 square feet, so you are looking at a community built around mid-size, full-size single-family footprints.
The current snapshot shows zero active listings and only one closing in the trailing window, so there is very little live data to read. For a seller, that thin supply can be an advantage - there is no competing inventory to undercut you right now. For a buyer, it means patience: you may have to wait for the right home to list rather than shop a shelf of options.
Figures in this note are as of October 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Nearby homes for sale
No active listings inside Mabel Place right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Mabel Place is a recently completed subdivision in Lake Wales where the entire stock delivered in 2023 and 2024, giving buyers near-new homes without the wait of ground-up construction.
Stellar MLS sales records identify 25 homes in MABEL PLACE that have changed hands since 2023, built between 2023 and 2024 (median 2024), with a median living area of about 1,589 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Mabel Place is best for.
Best for
- Buying for near-new construction without the timeline of a custom build
- Seeking a full-size single-family floor plan around 2,300 square feet
- Willing to wait for the right listing in a low-inventory community
Probably not for
- Needing a pool, clubhouse, or other shared amenities on site
- Wanting multiple homes to compare and tour right now
- Looking for an older home with established landscaping or renovation upside
The market around Mabel Place
Mabel Place is a small community — 16 recorded sales on file, most recently in 2026 — too few for its own price trend. Here is the market around it.
In ZIP 33898, 234 homes are on the market and 14% are under contract — a slower corner of Lake Wales.
Across Polk County, 5,189 homes are active and 1,757 pending (25% under contract).
Homes here are single family residence.
In ZIP 33898 (Lake Wales), 157 homes closed in the last 12 months at a median of $330K ($191/sq ft), down 4.6% year over year, with a median 62 days on market. See the live ZIP 33898 housing market and the Polk County market.
ZIP and county figures describe the wider market, not Mabel Place specifically. Momentum Research analysis of MLS records.
Schools
- Polk County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Polk County Public Schools (verify by address) · Public
- Confirm zoned elementary, middle, and high · By address
- Magnet and choice options may apply · Choice
Zoned schools reflect the assignments reported on recent Mabel Place listings and can change; always confirm with Polk County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Mabel Place address.
The Mabel Place buying strategy.
If we were buying in Mabel Place today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Mabel Place.
A new-build enclave with thin turnover
With a median build year of 2024 and no homes older than 2023, Mabel Place carries the practical benefits of new construction: current building systems, modern layouts, and minimal deferred maintenance. The median living area near 2,326 square feet points to full-size single-family plans rather than compact starter boxes, though with no active listings today there is no range on the board to confirm how wide the spread runs.
No community amenities surface from current MLS listings, so the value proposition here is the homes themselves and the Lake Wales location in Polk County - not a shared amenity package. The homestead share of roughly 44% is worth noting: fewer than half of these homes currently carry a homestead exemption, which is common in a community this new as ownership settles in.
The location and the amenities are priced into every listing in Mabel Place. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community with zero active listings and a single recent closing, public data tells you almost nothing - you need someone watching for the next home to hit the market and reading each new build's finishes against the rest of the street. We track Mabel Place directly through the Stellar MLS feed and can tell you quickly whether a listing is priced to its condition or stretching past it.
Mabel Place in 15 seconds.
Tools for a Mabel Place buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Mabel Place sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Mabel Place, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Mabel Place home worth?
Get a no-obligation home value based on real comparable sales in Mabel Place, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Lake Wales →
| Location | Lake Wales, Polk County, FL · ZIP 33898 |
|---|---|
| Homes in the community | 122 (FL DOR 2025 assessment roll) |
| Years built | 2023–2024 (median 2024.0) |
| Typical living area | 2,326 sq ft (median) |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 44% |
| Zoned public schools | Polk County Public Schools (verify by address); Confirm zoned elementary, middle, and high; Magnet and choice options may apply |
Data as of August 2, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2023 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Mabel Place key facts,” movewithmomentum.com/neighborhoods/mabel-place, data as of August 2, 2026.
Housing distress & ownership in MABEL PLACE, Lake Wales
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period October 2026 through October 2026. Deemed reliable but not guaranteed.
More Lake Wales home searches
- All homes for sale in Lake Wales, FL
- Lake Wales golf course homes
- Lake Wales home values: what is my house worth?
- ZIP 33898 housing scorecard
Lake Wales guides & data
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
- How to stop a foreclosure in Florida
Real estate agent in Lake Wales? Join Momentum in Lake Wales: 100% commission, one $12K cap.
Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Hennepin Loop (23 homes on record)
- Ballantyne Drive (2 homes on record)
Email me new listings in Mabel Place
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Mabel Place
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Mabel Place will answer, and the answer is published on this page for the next buyer.
Frequently Asked Questions
How many homes are in Mabel Place?
What share of Mabel Place is owner-occupied?
When were the homes in Mabel Place built?
Do cash buyers compete in Mabel Place?
What schools serve Mabel Place?
Who is the best real estate agent for Mabel Place?
How do I find a top Lake Wales real estate agent who knows Mabel Place?
Can Momentum Realty connect me with an agent for Mabel Place?
Where is Mabel Place, and what county is it in?
Should you buy in Mabel Place?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: June 30, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 33898)) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Schools | 2025-26 district assignments + FLDOE school grades; verify with the district |
| Historical depth | Closed-sale records back to 2023 (24 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. A Momentum agent can price yours against live local comps.
Looking to buy here? Search homes for sale →
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See how MABEL PLACE fits the bigger picture — live prices, inventory, and Momentum Scores: