Neighborhood · Lake Wales, Florida
Mountain Lake
Historic estates and quiet luxury on the ridge
2
Homes for sale
$1,599,500
Median list price
$368
Avg price / sqft
33
Median days on market
Mountain Lake sits on the high ground of Florida's central ridge, a private enclave of large estate homes, mature landscaping, and a slower, more deliberate pace than most of Polk County. It's the kind of place where properties are measured in acreage and architecture rather than square footage alone, with the wider Lake Wales homes for sale market and nearby Downtown Lake Wales just a short drive away.
For a buyer today, this is a thin, top-of-the-market segment: only 2 homes are currently active, both above $1M, with a median list price of $1,599,500. Over the past year 8 homes sold at a median of $2,012,500, and sellers collected about 92% of asking — so pricing and patience both matter here. Browse what's available on the live map before it moves, since inventory this narrow doesn't stay up long.
Mountain Lake is a community in Lake Wales, Florida.
Quick facts
$1,450,000 – $1.7M price range
4,447 sqft median home
$2,400/mo median HOA
8 sold in 12 months
On the market now
Homes for sale in Mountain Lake
$1,749,000$1,995,000
2300 N SCENIC HIGHWAY UNIT 37E, LAKE WALES
6 bd · 5.5 ba · 5,340 sqft
$1,450,000
2300 N SCENIC HIGHWAY UNIT 104, LAKE WALES
3 bd · 3.5 ba · 3,554 sqft
Every active listing inside the Mountain Lake boundary
Open full map search →Find your fit
Browse Mountain Lake
By feature — on the live map
The numbers that matter
The Mountain Lake market
8
Sold, last 12 months
$2,012,500
Median sold price
92%
Sale-to-list ratio
What sellers actually get vs asking
85 days
Median time to sell
Mountain Lake vs Lake Wales
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▲ 200.0% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Mountain Lake boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Mountain Lake is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Mountain Lake home
≈ $11,796/mo
$1,599,500 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$2,400/mo
Median HOA
From current listings inside the boundary
Population
514
Median age
43
Median income
$73,728
Median home value
$299,144
Beyond the listings
Living in Mountain Lake
Hobbies & Interests
Top 23% in the U.S.Green Thumb
From tiny sprouts and window plants, to flower arrangements and designing a landscape, this population has an affinity for all things green.
Lifestyles
Nerd Culture
These people aren't afraid to nerd out. Common activities include comic books, video games, and often intellectual pursuits.
Relationships
Happily Ever After
Whether it's the stress of wedding planning or looking back on that special day, this population has their eyes and hearts focused on lifelong commitment.
Active
Outdoor Adventures
Appreciating the outdoors, this population wants to actively engage with nature. Whether it's finding a new hiking trail or looking for the perfect spot to catch the sunset, they seek to explore the world around them.
Active
Fitness Obsession
Passionate about strength training, this population relies heavily on the encouragement of the exercise community. While these people seek the latest fitness techniques, they're also interested in supplements and equipment.
Hobbies & Interests
Natural Beauty
This population marvels at the beauty of nature, and they want to capture every breath-taking scene.
Straight answers
Mountain Lake FAQs
Is Mountain Lake a good place to live?+
It appeals to buyers who want space, privacy, and an established estate setting on the Lake Wales ridge. The trade-off is a very small, high-end housing pool — you're buying into a community defined by scale and quiet rather than density or a wide range of price points. Nearby areas like Country Club Village offer other options if the fit isn't right.
Is Mountain Lake expensive?+
Yes — this is one of the priciest segments in the area. Both current listings top $1 million, the median list price is $1,599,500, and homes that sold over the past year had a median price of $2,012,500.
What do homes cost in Mountain Lake?+
Active listings range from $1,450,000 to $1,749,000, with a median of $1,599,500 and an average of about $368 per square foot. Sold prices ran higher, at a median of $2,012,500 over the last 12 months, reflecting the larger estate properties that trade here.
How is the market right now?+
It's tight and selective: just 2 homes are active, 8 sold in the past year, and the median listing goes under contract in about 32.5 days. Sellers are averaging 92% of asking, so realistic pricing tends to move faster than aspirational pricing. Communities like Lake Ashton give buyers more volume if timing is a concern.
What about HOA fees and property taxes?+
Expect meaningful carrying costs at this level — the median HOA runs about $2,400 per month and median property tax is roughly $9,108 per year. Those figures reflect the private, amenity-rich nature of the community and should be factored into any budget alongside the purchase price.
Keep exploring
More Lake Wales neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. 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 is deemed reliable but is not guaranteed accurate by Stellar MLS.
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