695 Meadows Edge PlaceNew Construction Home in Lake Wales, FL
Lake Wales, FL 33859 · Polk County
$228,285
$147/sq ft
Photos of 695 Meadows Edge Place
1 / 3Who is building this home?
This home is listed as built by KB Home, floor plan 1557A. Builder quality, warranty responsiveness, and willingness to fix punch-list items vary enormously between companies in Tampa Bay.
Compare Tampa Bay builder scorecards →About this home
Discover this two-story home with an open floor plan and durable luxury vinyl plank flooring throughout the main living areas, ideal for entertaining. The chef’s kitchen is equipped with 36-inch cabinets, granite countertops, and Whirlpool® stainless steel appliances for both function and style. Upstairs, the primary suite offers plush carpeting, a private bath with dual sinks, elegant finishes, and a walk-in tiled shower. Designed with quality craftsmanship and energy-efficient features, this home ensures comfort, value, and easy maintenance for modern living.
Home details and costs
- MLS number
- O6443317
- Property type
- Townhouse
- Build stage
- Move-In Ready
- Builder
- KB Home
- Floor plan
- 1557A
- Heated square feet
- 1,557 sq ft
- Total under roof
- 1,757 sq ft
- Stories
- 2 Story
- Lot size
- 0.06 acres
- Subdivision
- Reserve at Forest Lake
- HOA fee
- $100/quarter
- Annual property tax
- $871 (current assessment)
- Days on market
- 33 days
Heads up on that tax figure. On new construction, the number in the MLS is often the tax on the bare lot, not the finished home. Expect it to jump once the county reassesses with the house on it. How Florida reassesses new builds
What would this home actually cost per month?
Pre-filled with this listing's price and HOA. Adjust anything to match your situation.
Estimated monthly payment
$1,951
$22,829 down (10%) on a $205,457 loan
- Principal and interest
- $1,299
- Property tax (estimated)
- $267
- Homeowners insurance
- $267
- HOA
- $33
- PMI (under 20% down)
- $86
CDD defaults to zero, and that is often wrong.Many Tampa Bay new-construction communities carry a Community Development District assessment of roughly $1,500 to $3,000 a year on top of HOA, and it is rarely included in a builder's payment estimate. Ask whether this address is in a CDD before you budget.
The tax figure in the MLS looks like a bare-lot assessment. It lists $871 a year, while taxing this purchase price works out closer to $3,209. On new construction the county reassesses once the house is finished, so budget from the higher number.
Estimates only. Actual taxes, insurance, and assessments vary by address and change year to year.
Get the real numbers on this homeWhat is negotiable on this home?
Here is what this listing's numbers say about the builder's position.
On the market 33 daysContext
Still relatively fresh. Expect the sales office to hold firmer here than on inventory that has been sitting.
Finished and standingWorth knowing
A completed home with a Certificate of Occupancy is inventory, not a future sale. Builders treat standing inventory very differently from a lot they have not broken ground on.
Where builders actually give
Rarely on the published base price. It sets the comp for every unsold home behind this one, and protecting it protects their appraisals. The real room is in closing cost credits, interest rate buydowns, and upgrades moved into the base. Asking for the right one in the right order is most of the job.
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Listed by Keller Williams Advantage Realty. Listing data provided courtesy of Stellar MLS via Bridge Interactive. Information is deemed reliable but not guaranteed and is provided for consumers' personal, non-commercial use. 695 Meadows Edge Place, Lake Wales, FL 33859 is presented by Barrett Henry, REMAX Collective. Prices, availability, and incentives change without notice.