RESERVE AT FOREST LAKE - PHASE 1 in LAKE WALES

RESERVE AT FOREST LAKE - PHASE 1
Homes for Sale in LAKE WALES, FL

Community in LAKE WALES · Polk County · ZIP 33859
156 homesBuilt 2024–2024Median sale $309K
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Built fromLive Stellar MLS data1 years of closingsFL DOR public recordsUpdated twice daily
Live · RESERVE AT FOREST LAKE - PHASE 1 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$309K
Median sold · 12 mo
up 4.6% vs the prior 12 months
+4.6%
1-yr price change
n = 16 and 11 sales in the two windows
$159/sf
Sold $/sqft · 12 mo
peak $182 in 2025
93.7%
Sale vs ask
Tempo
160days
Median DOM · closed
29 days at the 2025 low
0 · 0
For sale · pending
live counts, refreshed twice daily
16
Sold · last 12 mo
10-yr average: about 14 a year
Ownership and context
0%
Owner-occupied · RESERVE AT FOREST LAKE - PHASE 1
0 of 156 parcels homesteaded (FL DOR 2025)
100%
Non-owner-occupied · RESERVE AT FOREST LAKE - PHASE 1
incl. 65% trust or LLC-held · 3% out-of-state
14%
Cash buyers · RESERVE AT FOREST LAKE - PHASE 1
3 of 21 sales, 12 mo ending June 2026
156
Homes in the community
156 residential parcels (FL DOR 2025)
Track record · 1 years of records
Est. 2024
Community established
homes built 2024-2024, median 2024 (FL DOR 2025)
0
Failed listings · 2025
peaked at 1 in 2025
1,707sqft
Median sold home size
12-mo windows, closed sales
10.3%/yr
Turnover rate
about 16 of 156 homes trade a year
RESERVE AT FOREST LAKE - PHASE 1 Housing Pulse · Momentum Research · as of August 2, 2026

RESERVE AT FOREST LAKE - PHASE 1 right now

🟡 Still climbing. The trailing-12-month median ($309K) is up 4.6% from the prior 12 months ($295K). With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending August 2. Confidence: Medium (16 and 11 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated August 2, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

RESERVE AT FOREST LAKE - PHASE 1 market snapshot (as of August 2, 2026): the median sale price is about $309K ($159 per sq ft over the trailing 12 months of closed sales), and a median 160 days on market for closed sales. The trailing-12-month median is up 5% from the prior 12 months, computed from record-level Stellar MLS closed sales (16 closings in the current window).

RESERVE AT FOREST LAKE - PHASE 1 is a community of 156 homes in LAKE WALES, Polk County, built between 2024 and 2024 (median 2024), with a median living area of about 2,514 square feet. 0% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Schools

In short
  • 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 RESERVE AT FOREST LAKE - PHASE 1 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 RESERVE AT FOREST LAKE - PHASE 1 address.

If we were buying in RESERVE AT FOREST LAKE - PHASE 1 today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 RESERVE AT FOREST LAKE - PHASE 1.

A closer look at the RESERVE AT FOREST LAKE - PHASE 1 market

At a median of $159 per square foot, RESERVE AT FOREST LAKE - PHASE 1 prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

The trailing-12-month median up 5% year over year. Homes that do trade take a median 160 days on market, useful leverage on any listing that has lingered.

The housing stock is 156 homes built around 2024, and 0% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

The location and the amenities are priced into every listing in RESERVE AT FOREST LAKE - PHASE 1. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
4.3C- · Buy Score
Recent Direction7.2/10
Owner Commitment0.0/10
Pricing Power5.8/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (4.3). Basis: Recent Direction +4.6% year-over-year; Owner Commitment 0% owner-occupied; Pricing Power 93.7% sale-to-list. Refreshed with each data update.

HOA, CDD & Fees

In short
  • Mandatory HOA. Confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed RESERVE AT FOREST LAKE - PHASE 1 sales matched to your home.

What is your RESERVE AT FOREST LAKE - PHASE 1 home worth?

Get a no-obligation home value based on real comparable sales in RESERVE AT FOREST LAKE - PHASE 1, 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 homes for sale in RESERVE AT FOREST LAKE - PHASE 1 on the map →

Real comps, not an automated estimate.

Reserve at Forest Lake Market Scorecard

Thin data

Reserve at Forest Lake is currently a thin data market. Limited supply, a median asking price of n/a.

n/a
Months supply
n/a
Median list
n/a
Median sold
n/a
Per sqft
n/a
Days on mkt
0/0/0
Active/Pend/Sold

Go deeper: true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

What is the median home price in RESERVE AT FOREST LAKE - PHASE 1?
The median sale price in RESERVE AT FOREST LAKE - PHASE 1 was $309K over the 12 months ending August 2, 2026 (16 closed sales, Stellar MLS).
How long do homes in RESERVE AT FOREST LAKE - PHASE 1 take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 160 days on market (16 sales, Stellar MLS).
How many homes are in RESERVE AT FOREST LAKE - PHASE 1?
The Florida DOR 2025 assessment roll shows 156 homes in RESERVE AT FOREST LAKE - PHASE 1 (public records).
What share of RESERVE AT FOREST LAKE - PHASE 1 is owner-occupied?
0% of RESERVE AT FOREST LAKE - PHASE 1 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in RESERVE AT FOREST LAKE - PHASE 1 built?
Homes in RESERVE AT FOREST LAKE - PHASE 1 were built between 2024 and 2024, with a median year built of 2024 (FL DOR 2025 roll).
Do cash buyers compete in RESERVE AT FOREST LAKE - PHASE 1?
Cash buyers took 14% of RESERVE AT FOREST LAKE - PHASE 1 sales in the 12 months ending June 2026 (3 of 21 closings, Stellar MLS).
What schools serve RESERVE AT FOREST LAKE - PHASE 1?
RESERVE AT FOREST LAKE - PHASE 1 is served by Polk County Public Schools, typically Polk County Public Schools (verify by address) and Confirm zoned elementary, middle, and high. Confirm the exact zoning by address with the district.
Who is the best real estate agent for RESERVE AT FOREST LAKE - PHASE 1?
The best agent for RESERVE AT FOREST LAKE - PHASE 1 is one who actively works LAKE WALES and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for RESERVE AT FOREST LAKE - PHASE 1.
How do I find a top LAKE WALES real estate agent who knows RESERVE AT FOREST LAKE - PHASE 1?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows RESERVE AT FOREST LAKE - PHASE 1 and the wider LAKE WALES area.
Can Momentum Realty connect me with an agent for RESERVE AT FOREST LAKE - PHASE 1?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your RESERVE AT FOREST LAKE - PHASE 1 purchase or sale - no call center and no pressure.

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: June 25, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (community parcel extract)
Under-contract sharesStellar MLS records, as of 2026-08-01
Schools2025-26 district assignments + FLDOE school grades; verify with the district
Historical depthClosed-sale records back to 2025 (27 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. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.

Looking to buy here? Search homes for sale →

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CallFree valuation →
Thinking of selling in RESERVE AT FOREST LAKE - PHASE 1? 16 recorded closings; median 159 days on market (window ending 2026-08-02). See the Polk County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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