Lake Wales, FL
$ 3,200,000 Beds 0 Baths 0 Sq 14,077 Virtual Tour
Monthly Estimate* How much can I afford?

Adorning the shores of Lake Pierce, this elegant venue offers endless opportunities! 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. This is a true masterpiece located amongst Florida’s natural beauty! Per current county documents, density regulations may allow up to 10 units per acre. Buyer should verify all information with the county/city.


  • Price
  • $ 3,200,000
  • Lot Size
  • 9.73 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 14,077
  • Full Bathrooms
  • 0
  • Year Built
  • 1925
  • Half Bathrooms
  • 0
  • City, Zip
  • Lake Wales
  • Taxes
  • 15289
  • County
  • POLK
  • Style
  • Mixed Use
  • Area
  • Lake Wales
  • MLS#
  • P4912523
  • Zip
  • 33898
Listing Provided by: CENTURY 21 AT YOUR SERVICE



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
Parking Features Common, Ground Level, Over 30 Spaces
Property SubType Mixed Use
Property Type Commercial
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
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


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

Affordability Calculator


Per Month

Based on the average sale price from the Lake Mary, FL office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.


Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/23/2020 Listed $3,200,000

Property vs Zip Code Average in 33898

AVG $1.48M
AVG $9,062
AVG 110
Year Built
AVG 1959


Areas That We Cover

3111 MASTERPIECE ROAD Lake Wales, FL is a Single Family Home for sale at $3200000 with 14077 sqft and a lot size of 9.73 Acres Acre(s). 3111 MASTERPIECE ROAD Lake Wales has 0 bedrooms, 0 baths and was built in 1925. The property's zip code is 33898 which is in Lake Wales, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.