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505 Lakesedge Drive, Lake Placid, FL 33852

$530,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,885 Status: Closed
Current Price: $530,000 Last Modified: 3/09/2026

Overview

Description

MOTIVATED SELLER!! SPECIAL FINANCING AVAILABLE- SELLER TO SPONSOR 2/1 TEMPORARY INTEREST RATE BUYDOWN FOR QUALIFIED BUYER WITH QUALIFIED OFFER! $10,000 SELLER CREDIT TO QUALIFYING CASH OFFER. BEAUTIFUL LAKE FRONT HOUSE 4/3 3,513 SQF 0.59 ACRES PLUS DOCK ON THE PEACEFUL LAKE ISTOKPOGA IN LAKE PLACID (5TH LARGEST LAKE IN FLORIDA THAT INCLUDES 27K ACRES OF FRESH WATER TO FISH. THIS REMODELED HOME FEATURES NEWER ROOF, BEAUTIFULLY REDONE COVERED PATIO AND 2ND FLOOR BALCONY, NEW KITCHEN, NEW WELL & WATER FILTRATION SYSTEM, TANKLESS WATER HEATER, INGROUND 500 GL PROPANE TANK, NEW SEPTIC SYSTEM, NEWLY REBUILT DOCK , FENCED IN FOR YOUR PETS, LIVING ROOM, DINING ROOM, FAMILY ROOM, LAUNDRY ROOM DOWNSTAIRS, TWO MASTER SUITES UPSTAIRS AND FULL BATHROOM IN 3RD BEDROOM, FIREPLACE, SPACIOUS BALCONY.

Listing Details MLS# RX-11071367

Location, Tax & Legal

Area
6240 - NW County (OK)
County
Highlands
Parcel ID
C20363008000100020
Street #
505
Street Name
Lakesedge
Street Suffix
Drive
Zip Code
33852
Geo Area
OK40
Country
United States
State/Province
FL
HOPA
No Hopa
Short Sale
No
Tax Year
2024
Zoning
RESIDENTIAL
Short Sale A/U
N/A
Short Sale Addendum
No
Taxes
2452.53
Special Assessment
No
REO
No

Contract Information

Original List Price
625000
Auction
No
List Price/SqFt
201.03
Negotiable Seller Concessions YN
Yes

General Property Description

Type
Single Family Detached
Governing Bodies
None
Main Level Bedrooms
2
Total Bedrooms
4
Main Level Bathrooms
2
Baths - Full
3
Baths - Total
3
Property Condition
Resale
Year Built
1961
SqFt - Total
3513
SqFt - Living
2885
SqFt Source
Tax Rolls
Gated Community
No
Garage Spaces
2
Covered Spaces
2
Open Parking Spaces
10
Year Roof Installed
2018
Homeowners Assoc
None
Association Deposit
No
Membership Fee Required
No
Directions
From US 27 take County RD 621 east, left to highlands Lake Dr. right to Bradley Ave, left to Lakesedge Drive, property is on the right.
Subdivision
3250.00 LAKE ISTOKPOGA HIGHLANDS PARK EST
Legal Desc
HIGHLANDS PARK EST SEC H LOT 2 + S 1/2 OF LOT 3 BLK 1
Waterfront
Yes
Waterfrontage
123.83
Dock
yes
Front Exp
West
Private Pool
No
Pets Allowed
Yes
Pets on Premises
No
Total Floors/Stories
2

Status Change Info

Under Contract Date
2025-09-17
Sold Date
2025-10-21
Terms of Sale
Conventional
Sold Price/SqFt
183.7

Storm Protection

Impact Glass
Complete

Concessions

Seller Concessions
No

More Information

Contributions

Buyer Contributions
No

Office/Member Info

DXORIGMLNO
RX-11071367
DXORIGMLSID
RML

Construction

CBS
Yes
Fiber Cement Siding
Yes
Frame
Yes

Master Bedroom/Bath

2 Master Suites
Yes
Dual Sinks
Yes
Mstr Bdrm - Sitting
Yes
Mstr Bdrm - Upstairs
Yes
Spa Tub & Shower
Yes

View

Lake
Yes

Rooms

Family
Yes
Laundry-Inside
Yes

Waterfront Details

Lake
Yes

Lot Description

1/2 to < 1 Acre
Yes
Paved Road
Yes

Special Info

Sold As-Is
Yes

Equip/Appl Included

Auto Garage Open
Yes
Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Range - Gas
Yes
Refrigerator
Yes
Reverse Osmosis Water Treatment
Yes
Washer
Yes
Water Softener-Owned
Yes

Cooling

Ceiling Fan
Yes
Central
Yes

Heating

Central
Yes

Exterior Features

Covered Balcony
Yes
Covered Patio
Yes
Deck
Yes
Fence
Yes
Open Porch
Yes
Screened Balcony
Yes

Furnished

Furniture Negotiable
Yes
Partially Furnished
Yes

Interior Features

Built-in Shelves
Yes
Entry Lvl Lvng Area
Yes
Fireplace(s)
Yes
Kitchen Island
Yes
Laundry Tub
Yes
Pantry
Yes
Split Bedroom
Yes
Walk-in Closet
Yes

Flooring

Laminate
Yes
Tile
Yes

Porch/Patio/Balcony

Balcony
Yes
Patio
Yes
Porch
Yes

Utilities

Gas Natural
Yes
Septic
Yes
Well Water
Yes

Parking

Driveway
Yes
Garage - Attached
Yes
Golf Cart
Yes
RV/Boat
Yes

Pet Restrictions

No Restrictions
Yes

Restrict

None
Yes

Roof

Aluminum
Yes

Subdiv. Amenities

Boating
Yes

Boat Services

Private Dock
Yes

Terms Considered

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Possession

At Closing
Yes

Membership

No Membership Avail
Yes

Window Treatments

Impact Glass
Yes

Dining Area

Breakfast Area
Yes
Dining-Florida
Yes
Dining-Living
Yes

Taxes

County Only
Yes
Homestead
Yes

Contingencies

3rd Party Approval
Yes
Appraisal
Yes
Backup Contract/Call LA
Yes
Inspection
Yes

Property Features

Construction: CBS; Fiber Cement Siding; Frame View: Lake Waterfront Details: Lake Lot Description: 1/2 to < 1 Acre; Paved Road Exterior Features: Covered Balcony; Covered Patio; Deck; Fence; Open Porch; Screened Balcony Interior Features: Built-in Shelves; Entry Lvl Lvng Area; Fireplace(s); Kitchen Island; Laundry Tub; Pantry; Split Bedroom; Walk-in Closet Furnished: Furniture Negotiable; Partially Furnished Rooms: Family; Laundry-Inside Parking: Driveway; Garage - Attached; Golf Cart; RV/Boat Pet Restrictions: No Restrictions Restrict: None Membership: No Membership Avail Flooring: Laminate; Tile Heating: Central Cooling: Ceiling Fan; Central Dining Area: Breakfast Area; Dining-Florida; Dining-Living Roof: Aluminum Boat Services: Private Dock Terms Considered: Cash; Conventional; FHA; VA Utilities: Gas Natural; Septic; Well Water Window Treatments: Impact Glass Special Info: Sold As-Is Taxes: County Only; Homestead Possession: At Closing Contingencies: 3rd Party Approval; Appraisal; Backup Contract/Call LA; Inspection

Room Information

Room Name Length Width Level Remarks
Living Room 20.00 22.00 Main EAST VIEW
Kitchen 128.00 123.00 Main WEST VIEW
Master Bedroom 206.00 14.00 Second EAST VIEW
Bedroom 2 201.00 137.00 Second WEST VIEW
Family Room 231.00 204.00 Main AMAIZING VIEWS AND FIRE PLACE
Bedroom 3 147.00 115.00 Main WEST VIEW
Bedroom 4 114.00 103.00 Main EAST VIEW
Balcony 25.00 16.00 Second EAST VIEW
Patio 25.00 16.00
Listing Office: The Keyes Company (PBG)
IDX
Last Updated: March - 09 - 2026
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