Property Type: Acreage & Homesites, Land Investment, Multifamily, Residential Development
Location: State Road 60 and Capps Road, Lake Wales, Florida 33898
Frontage: 2,380 ± feet on Capps Road 265 ± feet on SR 60
PIN: 283005 000000 021020, 283005 000000 044010
Zoning: Residential Suburban with a Planned Development Overlay
This property is the fourth and last phase of the Lake Wales Country Club Residential Development. There are currently 200 ± residential units consisting of single-family residences, townhomes, and condominiums. The new phase 4 development will have a significant number of lots on the contiguous border of the country club. The new phase will contain 88 single family residences and 4 duplex units. This will include 37 golf course lots.
The Lake Wales Country Club was founded and rooted in the Old Florida of the Roaring 20s, making it the finest in private clubs with superior amenities, programs, and gracious hospitality. An exceptional 18-hole championship golf course was completed in 1926 and challenges even the best of athletes. It was designed by the legendary Donald Ross (renowned for Pinehurst No. 2, Oakland Hills, and Seminole, among others). Featuring a charming and spacious Spanish-style clubhouse, the club offers excellent dining, a well-appointed pro shop, full golf practice facility, and a top-drawer tennis program.
Residential owners must obtain a social membership with the Lake Wales County Club.
Description: Nearest Intersection: SR 60 & Lewis Griffin Road
Permitted Lots: 92 Lots (Includes 37 golf course lots)
Total Gross Acres: 52.16 ± acres
Tract A: 47.38 ± acres | Tract B: 4.78 ± acres
Sale Price: Tract A: $470,000 | Tract B: $167,300
Price per Acre: Tract A: $9,919 | Tract B: $35,000
Access: From the west, the subject property will have access through existing phases of Country Club Village
• Additional entrance is planned off Capps Road
Driving Directions: -In Lake Wales, FL, take SR 60 east about 4 miles
-Property will be on the left