Waterfront
Address
3111 MASTERPIECE ROAD Lake Wales, FL
Price
$ 3,200,000
Property Attributes
  • MLS#P4912523
  • TypeCommercial
  • CountyPOLK
  • CityLake Wales
  • AreaLake Wales
  • Zip33898
  • StyleMixed Use
  • Year Built1925
  • Taxes$ 15289
  • Price$ 3,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage14077
  • Lot Size9.73 Acres
Listing Provided Courtesy Of:
CENTURY 21 AT YOUR SERVICE
Data Source:
Stellar MLS
Property Description

Adorning the shores of Lake Pierce, this elegant property offers endless business opportunities as a wedding or event venue, bed & breakfast, Airbnb, community retreat, and much more! The brick columns and iron gate will grant you access to this slice of paradise. As you travel down the freshly refinished driveway lined with young crape myrtle trees, a well-maintained wood fence, and antique lamps atop sturdy lampposts, you begin to experience the true ambiance this property boasts. Built in 1925, and originally known as the Bonaire Lodge, this venue has maintained its timeless charm as evidenced in the original pecky cypress ceilings, period chandeliers, grandiose staircases, original three-quarter oak floors, and Italian-inspired hearth. The distinctive columns have been refurbished to their original form while the corbels and balustrades have been maintained with their classic elegance. As you enter the lodge, you are welcomed into the grand foyer and immediately drawn to the magnificent views beyond the front lawn. To the left, you discover the private lounge, Bride’s room, and one of the twelve fully furnished suites. The grand ballroom, twinkling with stunning chandeliers, grants another opportunity to embrace the impressive lake view. Traveling upstairs, you will find the remaining eleven newly remodeled and fully furnished suites. While the interior features and amenities are many, the outdoor space is just as remarkable with the stunning views extending well past the 600’ of shoreline accompanying this property. The lodge is seated in well-maintained lush, green grass amongst great oak trees who have made their home there for many years. Perhaps the guests of prior spent time beneath them, as the lodge is recognized for a history of celebrated guests throughout time. Al Capone is known to have arrived via float plane on more than one occasion while Marilyn Monroe and Calvin Coolidge were also guests. Amenities and features of this extraordinary property also include several outdoor terrace and lanai areas, magnificent staircases perfectly situated for photos, large greenspace ideal for outdoor functions, freshly prepped parking area with ample capacity, galley-style food preparation station, dock stretching out into the 3,700 acre Lake Pierce, pump house, groundskeeper’s building, and the flexibility to suite everyone’s needs. For the detail-oriented, there is also a monitored fire alarm, monitored security system, monitored smoke detectors, 300 amp service, three phase and single phase power, and separate meters available for each suite. Bookings already scheduled (& their associated deposits) will convey with the sale of the property providing you with an established business portfolio. Per current county documents, density regulations may allow up to 10 units per acre. The Polk County website indicates this property is zoned Leisure Recreation. Buyer should verify all information with the county/city. This is a true masterpiece located amongst Florida’s natural beauty!

Price History
6/6/2021 Listed $3,200,000

General Features

Building Features Bathrooms, Columns, Common Lighting, Elevator – None, Extra Storage, Fencing, Furnished, Outside Storage
Business Type Education/School, Hotel/Motel, Mixed, Other, Residential
Construction Materials Stucco
Cooling Central Air
Electric 200+ Amp Service, 3 Phase, 110 Volts, 220 Volts, 440 Volts
Flooring Concrete, Engineered Hardwood, Other
Heating Central
Levels Two
MLS Area 33898 - Lake Wales
Other Structures Other
Property SubType Mixed Use
Property Type Commercial Sale
Security Features Fire Alarm, Security Gate, Security Lights, Security System
Special Listing Conditions None
Status Active
Terms Cash, Conventional
Total Num Buildings 3
Township 29
Water Access Type Lake
Water Access Y/N Yes
Water Body Name LAKE PIERCE
Waterfront Features Lake
Year Built 1925

Interior Features

Living Area 14077.00

Exterior Features

Building Area Total 14898.00
Foundation Details Basement
Lot Features Corner Lot, Street Paved, Waterfront, Zoned for Horses
Lot Size Acres 9.73
Lot Size Square Feet 423630
Parking Features Common, Ground Level, Over 30 Spaces
Road Frontage Type Other
Vegetation Mature Landscaping, Oak Trees, Trees, Trees/Landscaped
Water Extras Dock - Open
Water Extras Yn Yes
Water Frontage Feet Lake 600
Water View Lake
Water View Y/N Yes
Waterfront Feet Total 600
Waterfront Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33898

Price
AVG $1.14M
$3.2M
Taxes
AVG $7,176
$15,289
Visits
AVG 237
38
Year Built
AVG 1959
1925

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