Waterfront Homes for Sale in Lake Wales, FL
This page tracks every Lake Wales listing whose MLS record reports waterfront (ocean, bay, Intracoastal, river, canal or lake frontage), by community, with live counts and asking prices, and the costs that come with the water.
38 waterfront homes are for sale or pending in Lake Wales, FL today across 27 communities. The median asking price is $332,000, from $116,500 to $1,749,000. Listings in Lake Wales without that feature have a median of $367,500. Most listings right now: Saddlebag Lake (3), Palm Acres Sub (2), Walk In Water Village (2). Updated September 8, 2026 from the MLS.
Lake Wales waterfront homes by community
Click a community for its full guide: prices, HOA reality, insurance posture and the homes for sale.
| Community | Waterfront Homes | New build | Median list | From |
|---|---|---|---|---|
| Saddlebag Lake | 3 | 0 | $219,850 | $214,900 |
| Palm Acres Sub | 2 | 0 | $570,000 | $265,000 |
| Walk In Water Village | 2 | 0 | $173,250 | $116,500 |
| Mountain Lake Unrec | 1 | 0 | $1,749,000 | $1,749,000 |
| Cherry Pocket | 1 | 0 | $1,200,000 | $1,200,000 |
| Highland Park Sub | 1 | 0 | $599,900 | $599,900 |
| Tiger Creek Sub | 1 | 0 | $574,500 | $574,500 |
| Parker Lake | 1 | 0 | $550,000 | $550,000 |
| Lake Hills Country Estates | 1 | 0 | $550,000 | $550,000 |
| Lake Pierce Vistas | 1 | 0 | $465,000 | $465,000 |
| Timberlake Sub | 1 | 0 | $433,000 | $433,000 |
| Crooked Lake Park Tr 05 | 1 | 0 | $430,000 | $430,000 |
| Tiotie Beach Estates Phase 1 | 1 | 0 | $429,900 | $429,900 |
| Dinner Lake Shores Ph 1 | 1 | 0 | $410,000 | $410,000 |
| Goldenbough T A Yarnell | 1 | 0 | $400,000 | $400,000 |
| Lake Ashton Golf Club Ph 01 | 1 | 0 | $369,900 | $369,900 |
| West Indian Lake Heights | 1 | 0 | $339,000 | $339,000 |
| Dinner Lake Shores Ph 01 | 1 | 0 | $324,999 | $324,999 |
| Chalet Estates | 1 | 0 | $310,000 | $310,000 |
| Massicotte | 1 | 0 | $285,000 | $285,000 |
| Anchor Inn | 1 | 0 | $259,900 | $259,900 |
| Caloosa Lake Village | 1 | 0 | $219,900 | $219,900 |
| Tiotie Beach Estates | 1 | 0 | $210,000 | $210,000 |
| Carolton Manor | 1 | 0 | $170,000 | $170,000 |
| Lakeshore Club | 1 | 0 | $155,000 | $155,000 |
| Walk In The Water Village Unit Three | 1 | 0 | $152,000 | $152,000 |
| Lake Rosalie Oaks | 1 | 0 | $149,900 | $149,900 |
What waterfront ownership really costs
Waterfront homes carry costs inland homes do not: flood insurance where the parcel sits in a FEMA special flood hazard area, higher windstorm premiums closer to open water, and upkeep for seawalls, docks and lifts. Before you offer, pull the FEMA flood zone for the specific parcel, ask for the seawall’s age and any inspection reports, and get an insurance quote in hand, not an estimate. Our flood insurance calculator and wind mitigation savings calculator show what the parcel will actually cost to insure.
Questions to ask about any waterfront listing
Is the water frontage deeded or association-owned? Is there a fixed bridge between the dock and open water, and what is the clearance? What did the seller pay for flood and wind coverage last year, and with which carriers? Has the seawall or dock been permitted and inspected? What is the finished-floor elevation? A local agent who works waterfront deals will know which canals hold depth at low tide and which carriers are writing in the area.
Common questions
How many waterfront homes are for sale in Lake Wales?
What do waterfront homes cost in Lake Wales?
Which Lake Wales community has the most waterfront homes for sale?
Is a waterfront home always in a flood zone?
Keep exploring Lake Wales
- All homes for sale in Lake Wales
- Lake Wales ZIP codes with prices
- Lake Wales pool homes
- Waterfront Homes in every city
Live data: Stellar MLS, refreshed with every MLS pull; this page rebuilds on every ship. Community-level aggregates only: active and pending residential listings in Lake Wales, FL whose MLS record reports waterfront. Prices are asking prices, not values. Property features and prices only; nothing on this page describes residents. Equal Housing Opportunity.