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$159,900

103 CHERRYWOOD DRIVE, LAKE WALES, FL 33898

3D Tour
Active9 days on market

Beds

3

Baths

2

Sq Ft

1,188 sq ft

Year Built

2005

Lot Size

0.13 acres

Garage

—

About This Property

Welcome to easy Florida living in the desirable 55+ community of Twin Fountains! This meticulously maintained 3-bedroom, 2-bathroom manufactured home was built in 2005 and sits on its OWN LAND, no lot rent! Ideally positioned on a spacious corner lot directly across from the clubhouse and community pool, this home offers a comfortable layout, great outdoor space & a convenient location. Step inside to a bright and inviting open floor plan featuring a spacious living room and a well-designed kitchen with plenty of cabinet and counter space. The split-bedroom layout provides added privacy, with the primary suite located on one side of the home and the two guest bedrooms on the opposite side. The primary bedroom features an ensuite bathroom with dual sinks and a walk-in shower. A dedicated indoor laundry room includes built-in cabinetry for additional storage, and the washer and dryer are included with the home. Step outside and enjoy the Florida weather from the screened-in porch, an ideal spot for morning coffee, relaxing afternoons or visiting with friends and neighbors. A separate workshop provides additional space for storage, hobbies and projects. Additional features include a newer water heater and the home has a water softener system. Twin Fountains offers an affordable $180 monthly HOA fee that includes water, sewer, lawn maintenance, internet and cable, allowing for a low-maintenance lifestyle. Community amenities include a heated pool, clubhouse, shuffleboard and an optional storage area, subject to availability. Conveniently located near Highway 27 with easy access to Dundee, Winter Haven and Lake Wales, you’ll be close to shopping, restaurants, medical facilities and everyday conveniences. Central Florida attractions, including Walt Disney World, are approximately an hour away, while Florida’s east and west coasts are within approximately 1.5 to 2 hours. Whether you're looking for a full-time residence or a Florida getaway, this well-maintained home combines OWNED LAND, a spacious corner lot, a desirable location across from the clubhouse and pool, and the convenience of an active 55+ community. Come discover the easygoing Florida lifestyle at Twin Fountains!

Property Overview

Property TypeResidential
Sub TypeManufactured Home
MLS #S5158530
StatusActive
Year Built2005
Stories1
Total Rooms7
ConstructionVinyl Siding
RoofShingle
FoundationCrawlspace
FacesEast
SubdivisionTWIN FOUNTAINS INC A CONDO MHP
CountyPolk
OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
FlooringCeramic Tile, Laminate, Vinyl
AppliancesDishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Filtration System
LaundryInside, Laundry Room
WindowsWindow Treatments
CoolingCentral Air
HeatingCentral

Exterior & Lot

ExteriorLighting, Private Mailbox, Sliding Doors
Lot Size0.13 acres (5,667 sq ft)
Lot FeaturesCorner Lot, Landscaped, Oversized Lot
Road SurfaceAsphalt
0

Utilities

WaterPrivate
SewerPrivate Sewer
UtilitiesCable Connected, Electricity Connected, Private, Public, Sewer Connected, Water Connected

Parking

GarageNo
CarportYes

HOA & Community

HOAYes
HOA Fee$180 / Monthly
Senior CommunityYes

Financial Details

List Price$159,900
Annual Taxes$1,080 (2026)
FinancingCash, Other, VA Loan
Parcel #272902853400000560

Directions

Take SR540E, cross over HWY-27 on Waverly Rd, turn L onto Scenic Hwy (SR17), then turn L onto Twin Fountains, home is on the right, first home on the corner of Cherrywood.

Location

103 CHERRYWOOD DRIVE, LAKE WALES, FL 33898

Listing Information

OfficeRE/MAX HERITAGE PROFESSIONALS
ListedSeptember 29, 2026

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Home Price

$159,900

20% ($31,980)
6.75%

Loan Term

Principal & Interest$830
Property Tax (est.)$147
Insurance (est.)$150
Total Monthly$1,126
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How to Buy This Home

Multiple financing options available for this $159,900 home in LAKE WALES.

🎖️

VA Loan

$0 Down

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

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: October 8, 2026.

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