
338 RUSTIC RAIL DRIVE, LAKE WALES, FL, 33859
Active92 days on marketListed Apr 24, 2026MLS #S5148600
About this home
338 RUSTIC RAIL DRIVE
Welcome to this beautiful 4-bedroom, 2-bath home located in the desirable Leoma's Landing community. Designed with comfort and convenience in mind, this spacious residence features an open-concept floor plan with granite countertops, stainless steel appliances, and tile flooring throughout the main living areas, while the bedrooms offer the comfort of carpet. Step outside to enjoy a private, fully fenced backyard—perfect for relaxing, entertaining, or spending quality time with family. High-speed internet is included in the rent, adding extra value and convenience. Enjoy access to the community swimming pool, perfect for relaxing and enjoying Florida's warm weather year-round. Conveniently located just minutes from Eagle Ridge Mall, shopping, dining, schools, LEGOLAND, and with easy access to US-27, this move-in ready home offers the perfect blend of comfort, style, and location.
Facts & features
The home at a glance
4
Bedrooms
2
Bathrooms
1,841
Sqft
0.14 ac
Lot size
2
Garage
2024
Year built
One
Levels
$1
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$176 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$176/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Lake Wales actives
$1 vs $174
Days on market
92 vs 56 typical
Where $1/sqft sits among the 380 Lake Wales actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Lake Wales
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Lake Wales. See the full Lake Wales guide →
LAKE WALES 33859 — neighborhood snapshot
Population
10,827
Median age
50.2
Median income
$61,871
Median home value
$200,300
Avg household
2.36
Households w/ children
878
For the school run
Polk County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Lake Wales market
$275K → $275K
Lake Wales median sold, yr/yr
96.3%
Sale-to-list ratio (12 mo)
169 of 380
Lake Wales actives have cut their price
Median sold price, Lake Wales, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 99% below the LAKE WALES 33859 median. See the full Lake Wales market guide →
Paper trail
This home's history
Reality check
What actually sold near 338 RUSTIC RAIL DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$365,000
516 STARR RIDGE DRIVE
3 bd · 3 ba · 1,789 sqft · $204/sqft · 76 DOM
Sold · Aug ’25$323,443
207 RIVERMILL WAY
3 bd · 2.5 ba · 1,908 sqft · $170/sqft · 42 DOM
Sold · Dec ’25$240,000
4182 CANNES AVENUE
3 bd · 3 ba · 1,744 sqft · $138/sqft · 96 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Your agent
Steeve Cadeau
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 338 RUSTIC RAIL DRIVE — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 338 RUSTIC RAIL DRIVE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Steeve's phone and CRM.
Straight answers
338 RUSTIC RAIL DRIVE FAQs
What would the monthly payment be for 338 RUSTIC RAIL DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $176/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
Are pets allowed at 338 RUSTIC RAIL DRIVE?+
The listing reports pets: No. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Lake Wales?+
At $2,150, this home is listed about 99% below the Lake Wales median of $256,490. The market section on this page shows how the area is trending.
Which schools are assigned to 338 RUSTIC RAIL DRIVE?+
Spook Hill Elementary School (elementary), Winter Haven Senior High School (high) — Polk County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of ROMAN'S PRO REALTY LLC · Reinaldo Roman. MLS #S5148600.
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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