Walk in the Water Village in Lake Wales

Walk in the Water Village
Homes for Sale in Lake Wales, FL

All 424 homes for sale in Lake Wales, FL · median $243,495 · 188 homes for sale in 33898 · Polk County homes for sale

Community in Lake Wales · Polk County · ZIP 33898
137 homesBuilt 1967–2019
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Built fromLive Stellar MLS data22 years of closingsFL DOR public recordsUpdated twice daily

As of November 2026, the MLS records 29 closed sales in Walk in the Water Village Unit 01 in Lake Wales, FL since 2004, the most recent in September 2025. 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).

Live · Walk in the Water Village Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
0 · 0
For sale · pending
live counts, refreshed twice daily
1
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
48%
Owner-occupied · Walk in the Water Village
66 of 137 parcels homesteaded (FL DOR 2025)
52%
Non-owner-occupied · Walk in the Water Village
incl. 8% trust or LLC-held · 27% out-of-state
60%
Cash buyers · Walk in the Water Village
3 of 5 sales, 12 mo ending June 2023
137
Homes in the community
137 residential parcels (FL DOR 2025)
Track record · 22 years of records
1967–2019
Years homes were built
median 1982 · county roll (FL DOR 2025)
1
Failed listings · 2026
peaked at 8 in 2007
0.7%/yr
Turnover rate
about 1 of 137 homes trade a year
Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written October 26, 2026

Price here is driven by condition and square footage, not by amenities or location premiums. These are smaller homes, with a median living area just over 1,000 square feet, built across a long stretch from 1967 to 2019. That spread means two homes at the same address can trade very differently depending on how much updating has been done. Expect a wide range in value tied directly to the work a home has or hasn't had.

With zero active listings in the current snapshot and only a single closing in the window, this is a thin, slow-moving market. Sellers who list into that quiet have little direct competition but also little recent data to anchor a price. Buyers should be patient and ready to move when something does come up, because inventory is not deep.

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 Walk in the Water Village 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.

4125 TIGER CREEK TRL
$525K · 1.0 mi away
4 bd · 3 ba · 2,432 sqft
4125 TIGER CREEK TRL
Listed by HARPER REALTY FL, LLC
8812 OAKWOOD DRIVE
$325K · 1.0 mi away
3 bd · 2 ba · 1,688 sqft
8812 OAKWOOD DRIVE
Listed by RE/MAX HERITAGE PROFESSIONALS
6 SUGAR PINE LOOP
$280K · 1.1 mi away
3 bd · 2 ba · 1,620 sqft
6 SUGAR PINE LOOP
Listed by LAND SOUTH REALTY, LLC
2223 LEMON DRIVE
$342K · 1.4 mi away
4 bd · 2 ba · 1,644 sqft
2223 LEMON DRIVE
Listed by KAZA REAL ESTATE LLC
3310 BOB CAT TRAIL
$200K · 1.5 mi away
4 bd · 2 ba · 1,272 sqft
3310 BOB CAT TRAIL
Listed by COASTAL PROPERTIES GROUP INTER
2502 LAKE FRONT DRIVE
$560K · 1.8 mi away
4 bd · 3 ba · 2,384 sqft
2502 LAKE FRONT DRIVE
Listed by CENTRIC REALTY SERVICES LLC

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Walk in the Water Village is a small, 137-home community in Lake Wales, Polk County, with modestly sized homes and no identified community amenities. It trades on the merits of the individual house rather than on a shared package of features.

Stellar MLS sales records identify 19 homes in WALK IN THE WATER VILLAGE that have changed hands since 2004, built between 1967 and 1997 (median 1980), with a median living area of about 1,054 sq ft and a typical 2-bedroom, 2-bath layout. 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.

Best for

  • Buying a compact, lower-maintenance home and willing to wait for inventory to appear
  • Looking to add value through updates on an older, smaller property
  • Comfortable pricing off condition and square footage rather than comparable sales

Probably not for

  • Needing amenities like a pool, clubhouse, or shared recreation
  • Requiring move-in-ready newer construction and a wide selection to choose from
  • Wanting a fast, liquid market with frequent recent sales to compare against

The market around Walk in the Water Village

Walk in the Water Village is a small community — 35 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).

The housing mix here is 74% manufactured home - post 1977, 11% mobile home - pre 1976, 6% 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 Walk in the Water Village specifically. Momentum Research analysis of MLS 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
  • Choice and rural options may apply · Choice

Zoned schools reflect the assignments reported on recent Walk in the Water Village 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 Walk in the Water Village address.

If we were buying in Walk in the Water Village 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 Walk in the Water Village.

Best Buy
Buyers who want a compact, lower-maintenance home and are willing to wait for the right one.
Biggest Risk
A thin market with almost no recent sales to anchor pricing.
Sweet Spot
An updated home in this size range, bought when one actually lists.
Avoid If
You need amenities, newer construction, or a fast, liquid market.

A condition-driven small-home market

The housing stock tells the story. A median year built of 1982 and a build range reaching back to 1967 means older infrastructure is common, while homes completed as recently as 2019 sit in the same community. At a median of roughly 1,056 square feet, these are compact homes, and the value gap between an updated property and one needing work can be significant. No community amenities were identified from current MLS listings, so there are no dues-funded features propping up prices.

A homestead share of just under half suggests a meaningful portion of these homes are not owner-occupied primary residences. For a buyer, that can mean varied upkeep across the community; for a seller, it reinforces that your home's own condition and presentation will do most of the pricing work.

“

The location and the amenities are priced into every listing in Walk in the Water Village. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a market this thin, there is almost no recent comparable activity to lean on, so pricing requires judgment, not a spreadsheet. We track condition, square footage, and build year across every home that moves so that when a listing surfaces or you're ready to sell, you're working from real analysis instead of a guess.

Walk in the Water Village in 15 seconds.

Best forBuyers who want a compact, lower-maintenance home and are willing to wait for the right one.
Biggest advantageListing into a market with no active competition right now.
Biggest riskA thin market with almost no recent sales to anchor pricing.
Sweet spotAn updated home in this size range, bought when one actually lists.
Avoid ifYou need amenities, newer construction, or a fast, liquid market.
The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Walk in the Water Village sales matched to your home.

What is your Walk in the Water Village home worth?

Get a no-obligation home value based on real comparable sales in Walk in the Water Village, 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 →

Real comps, not an automated estimate.
Walk in the Water Village key facts
LocationLake Wales, Polk County, FL · ZIP 33898
Homes in the community137 (FL DOR 2025 assessment roll)
Years built1967–2019 (median 1982)
Typical living area1,056 sq ft (median)
For sale right now0 active, 0 pending
Owner-occupied (homestead) share48%
Zoned public schoolsPolk County Public Schools (verify by address); Confirm zoned elementary, middle, and high; Choice and rural options may apply

Data as of August 2, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2004 through 2025; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Walk in the Water Village key facts,” movewithmomentum.com/neighborhoods/walk-in-the-water-village, data as of August 2, 2026.

Housing distress & ownership in WALK IN THE WATER VILLAGE UNIT 01, Lake Wales

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 12 listings
Distress share trend - 0.0% now (2026-08-10 → 2026-10-27)

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.

Streets in this community

Street-level pages: every home on record, what sold and what is for sale on each street.

Email me new listings in Walk

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.

Equal Housing Opportunity. Every community is open to everyone; alerts are about homes, never about who lives here.

Ask an agent about Walk

Have a question about the homes, fees, rules or commute here? A Momentum agent who works Walk will answer, and the answer is published on this page for the next buyer.

Property facts only: homes, fees, rules, commute. Every community is open to everyone; agents do not answer questions about who lives here.

Frequently Asked Questions

How many homes are in Walk in the Water Village?
The Florida DOR 2025 assessment roll shows 137 homes in Walk in the Water Village (public records).
What share of Walk in the Water Village is owner-occupied?
48% of Walk in the Water Village parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Walk in the Water Village built?
Homes in Walk in the Water Village were built between 1967 and 2019, with a median year built of 1982 (FL DOR 2025 roll).
Do cash buyers compete in Walk in the Water Village?
Cash buyers took 60% of Walk in the Water Village sales in the 12 months ending June 2023 (3 of 5 closings, Stellar MLS).
What schools serve Walk in the Water Village?
Walk in the Water Village 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 Walk in the Water Village?
The best agent for Walk in the Water Village 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 Walk in the Water Village.
How do I find a top Lake Wales real estate agent who knows Walk in the Water Village?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Walk in the Water Village and the wider Lake Wales area.
Can Momentum Realty connect me with an agent for Walk in the Water Village?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Walk in the Water Village purchase or sale - no call center and no pressure.
Where is Walk in the Water Village, and what county is it in?
Walk in the Water Village is in Lake Wales, Polk County, FL, ZIP 33898.
Buying a compact, lower-maintenance home and willing to wait for inventory to appearExcellent fit
Looking to add value through updates on an older, smaller propertyExcellent fit
Comfortable pricing off condition and square footage rather than comparable salesExcellent fit
Needing amenities like a pool, clubhouse, or shared recreationProbably not
Requiring move-in-ready newer construction and a wide selection to choose fromProbably not
Wanting a fast, liquid market with frequent recent sales to compare againstProbably not

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: June 25, 2026)
Housing stock & ownershipFlorida DOR 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 2004 (29 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.

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