$3,200,000
$3,200,000
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3111 MASTERPIECE RD Lake Wales, FL 33898
14,077 SqFt
Key Details
Sold Price $3,200,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 14,077 sqft
Price per Sqft $227
MLS Listing ID R4906201
Sold Date 07/28/22
HOA Y/N No
Originating Board Stellar MLS
Year Built 1925
Annual Tax Amount $16,591
Lot Size 9.730 Acres
Acres 9.73
Property Description
Adorning the shores of Lake Pierce, this elegant property offers endless business opportunities as a wedding or event venue, bed & breakfast, Airbnb, community retreat, and much more! 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. Bookings already scheduled (& their associated deposits) will convey with the sale of the property providing you with an established business portfolio. Per current county documents, density regulations may allow up to 10 units per acre. The Polk County website indicates this property is zoned Leisure Recreation. Buyer should verify all information with the county/city. This is a true masterpiece located amongst Florida’s natural beauty!
Location
State FL
County Polk
Interior
Heating Central
Cooling Central Air
Flooring Concrete, Hardwood, Other
Exterior
Parking Features Common, Ground Level, Over 30 Spaces
Waterfront Description Lake
View Y/N 1
Water Access 1
Water Access Desc Lake
Building
Lot Description Corner Lot, Paved, Waterfront, Zoned for Horses
Entry Level Two
Foundation Basement
Lot Size Range 5 to less than 10
Structure Type Stucco
New Construction false
Others
Ownership Corporation
Special Listing Condition None
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