front - 651 LORRAINE CIR, LAKE WALES
side - 651 LORRAINE CIR, LAKE WALES
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back - 651 LORRAINE CIR, LAKE WALES
backyard - 651 LORRAINE CIR, LAKE WALES
26 photos

$290,000

651 LORRAINE CIR
LAKE WALES, FL 33853
Listed by Gaby Gonzalez · DALTON WADE INC
Bedrooms
5
Bathrooms
2
Living area
1,864 sqft
Year built
1957

About this home

Welcome to 651 Lorraine Circle! Great investment opportunity! This property is currently tenant-occupied, making it an excellent option for investors seeking immediate rental income. This beautifully maintained home is located in the heart of Lake Wales, an up-and-coming area known for its family-friendly atmosphere and great schools. Convenience is key—you’re just minutes from shopping, dining, medical centers, and local attractions, all while enjoying a quiet residential setting. Major updates already done for you! The roof, water heater, and AC were all replaced about two years ago, offering peace of mind and lower maintenance costs. Whether you’re expanding your portfolio or planning for future use, this property offers incredible potential in a growing community with easy access to major highways.

Property details

MLS #
MFRL4955658
Property type
Single Family Residence
Subdivision
RIDGE MANOR
Status
Active
Days on market
311
On market date
September 4, 2025
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.31 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

ElementaryCharter
HILLCREST ELEMENTARY SCHOOL
0.91 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
690
Student:teacher ratio
14.7:1
District
POLK
Middle
MCLAUGHLIN MIDDLE SCHOOL AND FINE ARTS ACADEMY
0.41 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
449
Student:teacher ratio
12.5:1
District
POLK
High
ROOSEVELT ACADEMY
2.07 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
274
Student:teacher ratio
9.4:1
District
POLK

Walkability

Blended score for LAKE WALES's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

57
Somewhat walkable
out of 100
EPA National Walkability Index
8.3 / 20 -- Below average walkable
Google Places amenity density
80 / 100
Restaurants & cafes12
Grocery stores2
Parks1
Schools4
Transit stops4
Pharmacies4

Market position

How this listing compares to current activity in LAKE WALES, from live MLS data.

On the market 311 days -- 146 more days than LAKE WALES's current average of 165 days.
For reference, the median list price across 799 active listings in LAKE WALES right now is $175,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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/mo
Est. monthly payment
$1,896/mo
$58,000 down
$232,000 loan
Principal & interest$1,505
Property tax (est.)$242
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated July 13, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.