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$799,000

398 NOLANE LANE, POLK CITY, FL 33868

3D Tour
Active361 days on market

Beds

2

Baths

3

Sq Ft

2,887 sq ft

Year Built

2014

Lot Size

0.29 acres

Garage

6

About This Property

We are pleased to present an exceptional opportunity to acquire a truly unique residence in the highly sought-after Mt. Olive Shores North, an upscale 55+ RV community. This custom-designed home, situated on a desirable corner lot, offers an unparalleled combination of luxury, convenience, and ample space for both living and storage. The heart of this home is its expansive open-concept main room, featuring a gourmet kitchen that is sure to impress. Imagine preparing culinary masterpieces amidst beautiful cabinetry, gleaming granite countertops, and the convenience of a hidden walk-in pantry. Tile and wood floors flow seamlessly throughout, complemented by high ceilings, strategically placed fans, and a stunning tray insert with integrated lighting. A conveniently located half bathroom leads into a well-appointed laundry room, providing direct access to the 85'x18' RV port. Beyond its aesthetic appeal, this home boasts a wealth of unique and practical features. Enjoy the convenience of a central vacuum system, the efficiency of a tankless hot water heater, and the peace of mind provided by a whole-house generator. The two AC units, recently replaced in 2024 and 2025, ensure optimal climate control. The spacious garage can accommodate up to 6 vehicles with an abundance of storage and workspace. Perhaps the most distinctive feature of this property is the second guest bedroom, located above the garage and accessible via an exterior staircase or a private elevator. This self-contained guest suite includes a kitchenette, bathroom, closet, and an additional, heated and cooled 33x24 finished storage area complete with custom cabinetry. This space offers unparalleled flexibility for accommodating guests, pursuing hobbies, or simply enjoying additional storage. Given its exceptional features and prime location, we anticipate significant interest in this remarkable home. We encourage you to schedule an appointment TODAY to experience firsthand the unparalleled quality and craftsmanship of this one of a kind gem. Do not miss this opportunity to secure your dream home in Mt. Olive Shores North.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #L4956384
StatusActive
Year Built2014
Total Rooms4
ConstructionBlock, Stucco
RoofShingle
FoundationSlab
FacesSouth
SubdivisionMT OLIVE SHORES NORTH ADD 04
CountyPolk
OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s), Central Vacuum, Elevator, High Ceilings, Primary Bedroom Main Floor
FlooringCarpet, Ceramic Tile
AppliancesCooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Tankless Water Heater, Washer
LaundryLaundry Room
CoolingCentral Air
HeatingElectric

Exterior & Lot

ExteriorIrrigation System, Lighting
Lot Size0.29 acres (12,510 sq ft)
Lot FeaturesCorner Lot
Road SurfacePaved
0

Utilities

WaterNone
SewerPublic Sewer
UtilitiesElectricity Connected, Sewer Connected, Water Connected

Parking

GarageYes (6 spaces)

HOA & Community

HOAYes
HOA Fee$2,000 / Annually
Senior CommunityYes

Financial Details

List Price$799,000
Original Price$819,000
Annual Taxes$11,216 (2024)
Parcel #252705298332001460

Directions

I-4 to exit 44, go North on Hwy 559. At flashing red light, turn left (West) on Broadway Blvd. SE. In approximately 2 miles, turn left onto Commonwealth Ave (State Rd 33). Follow SR33 for a mile to find Mt. Olive Shores North on the Left. Turn Left to enter the community on Lake Margaret Blvd.

Location

398 NOLANE LANE, POLK CITY, FL 33868

Listing Information

OfficeMOSN REALTY
ListedOctober 10, 2025

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Preferred Time

Scheduling is free, and you can cancel anytime.

Home Price

$799,000

20% ($159,800)
6.75%

Loan Term

Principal & Interest$4,146
Property Tax (est.)$732
Insurance (est.)$150
Total Monthly$5,028
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How to Buy This Home

Multiple financing options available for this $799,000 home in POLK CITY.

🏛️

FHA Loan

$27,965 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$39,950 Down

Traditional financing. As low as 3-5% down with good credit.

🌾

USDA Loan

$0 Down

Zero down for eligible rural areas. Income limits apply.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Polk County SHIP

Varies

Income-qualifying Polk residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee, just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively 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. Data last updated: September 2, 2026.

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