Lake Ashton Waterfront Land
For Sale
$5,500,000
Pending
HWY 27, Lake Wales, FL 33859
326 acres with 1,500 feet of Lake Ashton frontage.
Property SizeContact for details
Lot Size326.00 Acres
Days on Market259
Property Features for HWY 27
General Information
Standard status
Pending
Lot size
326.00 Acres
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$97
Listing Agency:
CROSBY & ASSOCIATES, INC.
(863) 528-2521
Listed By:
John Donley · License #NW1059174
(863) 528-2521
Source:
Elliman
Added: Nov 27, 2025
Changed: Aug 10
Last Checked: Aug 12 at 5:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CROSBY & ASSOCIATES, INC.
Investment Insights
Based on property information with market context.
This 326-acre land parcel is located on the southeast side of Lake Ashton, offering 1,500 feet of lake frontage. The property has a potential yield of up to 5 units per acre, designated as Low-Density Residential (LDR). The City of Lake Wales is expected to annex the property and provide utilities. Access opportunities are available to CR653, Thompson Nursery Rd (540A), and HWY 27. The site is located 6 miles from Legoland.
Key Highlights
- 326 acres of lakefront property on Lake Ashton.
- Boasting 1,500 feet of lake frontage.
- Potential yield of up to 5 units/acre (LDR).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
407
Businesses Nearby
Explore this area
Business Placement
Demographics for 33859, FL
10,866
Population
5,739
Households
1.9
Avg Household Size
52
Median Age
23%
College-Educated
89%
High-School Grad
45.5 sq mi
ZIP Area
239
Density / Sq Mi
$61,871
Median Household Income
$32,943
Median Earnings
$1,232
Median Rent
$200,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - 326 acres with 1,500 feet of Lake Ashton frontage.
Where is this land located?
The property is located at HWY 27 Lake Wales, FL.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 326 acres of lakefront property on Lake Ashton.; Boasting 1,500 feet of lake frontage.; Potential yield of up to 5 units/acre (LDR).
