Palm Acres
on Lake Pierce Homes for Sale in Lake Wales, FL

Established lakefront subdivision · Polk County · ZIP 33898

An older single-family canal community on Lake Pierce in Lake Wales, the honest read for buyers who want lake access without an HOA.

Lake Pierce accessNo-HOA single-familyCanal-front lots

Live Market Pulse

50/100
Momentum

Buyer-Leaning Market (limited data)

This is an older, non-deed-restricted lake community, so the honest read is the lot, the canal and lake access, the home condition, and the well and septic picture, not a glossy master-plan average. Confirm every detail per parcel with the listing and the county records.

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Unlock Off-Market Palm Acres

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Stellar MLS data14 years of closingsLocal renovation analysisUpdated twice daily

LiveMarket PulseStellar MLS

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Jon's Current Read

"Palm Acres is an established lake community on the southwest shore of Lake Pierce, not a new master plan, so the read is a lot and water read: an older single-residential neighborhood where the value drivers are the specific lot, the canal or lake access, the age and condition of the home, and the well and septic systems common to this part of eastern Polk County. Homes here generally date from the mid 1960s through the early 1990s, so building age, roof, systems, and any updates matter more than a neighborhood label. The draw is direct or canal access to Lake Pierce, a large public bass lake, without a homeowners association, which trades amenities and rules for freedom and lower fixed cost. The caveats are the older-home diligence, the flood and waterfront picture on a lake lot, and confirming utilities, because many rural Polk lots run on well and septic. Your leverage is reading the lot, the water access, the home systems, and the flood zone honestly before you pay for the view."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Palm Acres is an established single-residential neighborhood on the southwest side of Lake Pierce in Lake Wales, Polk County, ZIP 33898 (neighborhood and listing guides, 2026). Streets such as Palm Acres Drive and Palm Acres Avenue carry canal-front and lake-access lots, and listing data describes it as a well established community of reasonably priced midsize homes.

Aggregated neighborhood data describes the homes as single-family, generally built from about 1966 through 1993, with living areas roughly in the 1,300 to 1,800 square foot range and two to four bedrooms (neighborhoods.com Palm Acres profile, 2026). Several listings note canal-front lots with direct access to Lake Pierce. Confirm the exact age, size, bedroom count, and water access for any specific home.

Because this is an older, non-deed-restricted community, the money is made or lost on the parcel and the home, not on a brand name. The drivers are the lot and its water access, the condition and age of the structure and its systems, the well and septic picture common to rural Polk lots, and the flood and waterfront situation. Read these from the listing, an inspection, and county records for the exact parcel.

The pitch is lake living without an HOA: Lake Pierce is a large public lake known for bass and panfish, with a county boat ramp, and Palm Acres sits within an easy drive of US 27, downtown Lake Wales, and the wider Lake Wales to Haines City corridor. The work is the diligence: inspect the home and systems, confirm the water access and any canal maintenance, and verify the flood zone and utilities before you buy.

Quick Match

Who Palm Acres is best for.

Best for

Buyers who want lake or canal access on Lake Pierce without an HOA
Anglers and boaters who value a large public bass lake nearby
Buyers comfortable owning and maintaining an older single-family home
Buyers who will inspect the home, systems, and water access closely

Probably not for

Buyers who want a new build with warranties and modern systems
Buyers who want HOA-managed amenities, rules, and common-area upkeep
Anyone unwilling to verify well, septic, and the flood zone per parcel
Buyers who need to be within walking distance of shops and services

Market Pulse

How Palm Acres is performing right now

50/100
momentum

Buyer-Leaning Market (limited data)

Seller's marketBalancedBuyer's market

0Months of supplytight

57Median days on marketdays

0 : 0Under contract vs for salestrong demand

0Sold in last 12 monthsliquidity

+127%Median price since 2012appreciation

+0%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from Stellar MLS, as of June 25, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Palm Acres listings and the trailing twelve months of closed sales.

Where prices are going$850K2026 YTD

Median sale price by year. Tap a label to compare Lake Pierce area or Lake Wales. The 1-year price change is the median sold price over the most recent year versus the prior year, the same measure most listing sites and local Realtor reports use. It reflects the mix of homes that sold, not the change in any single home's value, which is why median price per square foot is shown alongside it to adjust for home size. In thinly traded neighborhoods, where a sale or two can swing the median, we lead with the mix-resistant price-per-square-foot trend instead.

Price per square foot$3072026 YTD

Median $/sqft by year. 2026 is year to date.

Supply and demand now0 : 0active : pending

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Pending0

Sold 12mo0

Active and pending listings now vs homes sold in the last 12 months.

8.6A- score

Momentum intelligence

Momentum buy score

Our proprietary read on how a home in Palm Acres buys, holds, and resells. See the five factors.

Interactive Map

Palm Acres on the map.

Every active, pending, and recently sold home, plotted. Toggle the layers, color the dots by status or lot type, and tap a home for the details.

Listing locations from Stellar MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

Nearby & Commute

How far is everything?

The takeaway

Palm Acres trades walkability for a Lake Pierce address, with the boat ramp close and downtown Lake Wales, US 27, and the wider corridor a short drive.

Drive times from the neighborhood. They are approximate and vary with traffic and your exact routine.

Lake Pierce boat ramp~3 to 8 min · public lake access

Downtown Lake Wales~15 to 20 min · shops and services

US 27 corridor~10 to 15 min · main north south route

Lake Wales Medical Center area~15 to 20 min · healthcare

Haines City~20 to 30 min · to the north

Winter Haven~30 to 40 min · regional hub

Walt Disney World area~45 to 60 min · via US 27

Distances and times are approximate and vary with traffic and the specific home. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Palm Acreson Lake Pierce with Momentum Realty’s local guides.

LPLake PierceRanchettesLake Wales, FL · 0.8 mi LPLake PierceRanchettesLake Wales, FL · 1.1 mi LPLake PierceHeightsLake Wales, FL · 1.8 mi GAGroves atGrenelefeHaines City, FL · 2.2 mi NSNorth ShoreHillsLake Wales, FL · 2.6 mi OCOakwoodGolf ClubLake Wales, FL · 3.0 mi TGTaylor GrovesLake Wales, FL · 3.2 mi HCHunt ClubGrovesLake Wales, FL · 3.5 mi SSSouth StarrHillsLake Wales, FL · 3.6 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr

Palm Acres (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take

Polk County Public Schools
Verify the zoned schools by address
Magnet and choice options may be available
Confirm current ratings before relying on them
Private and parochial options nearby

Palm Acres is served by Polk County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Public

Polk County Public Schools (verify by address)

Verifyrating

By address

Confirm zoned elementary, middle, and high

Verifyrating

Choice

Magnet and choice options may apply

Verifyrating

Buying with schools in mind? We can confirm the exact zoned schools for any Palm Acres address.

The takeaway

What is actually shaping value at Palm Acres: the health and access of Lake Pierce, growth and infrastructure across the Lake Wales to Haines City corridor, and the older-home and waterfront diligence that defines an established lake community. Each item is sourced and linked.

Recent Developments in Palm Acres

Development Intelligence

Our read on what is being built around Palm Acres, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishLake Pierce access and steady eastern Polk demand support values, with the watch items being older-home systems, well and septic, and the waterfront flood picture per parcel.