Lake Placid Homes under $400,000

Lake Placid Homes under $400,000

Welcome to Lake Placid, Florida, a hidden gem nestled in the heart of Highlands County! Known as the "Gem of the Highlands," this charming town is celebrated for its picturesque lakes, vibrant community, and a welcoming atmosphere that makes it an ideal place to call home. With its stunning natural beauty, Lake Placid offers a perfect blend of outdoor adventure and small-town charm.

Home to over 20 lakes, including the stunning Lake June-in-Winter, residents enjoy a variety of water activities such as fishing, boating, and swimming. The town is also famous for its unique murals that adorn the walls of downtown buildings, showcasing the rich history and artistic spirit of the community. Whether you’re exploring the local shops, dining at cozy cafes, or taking part in seasonal festivals, Lake Placid exudes a warmth that makes you feel right at home.

For those looking to settle down in this idyllic setting, Lake Placid offers an array of homes under $400,000, making it an affordable option for first-time buyers, retirees, and families alike. From charming single-family homes to cozy townhouses, there’s something for everyone in this vibrant community. With beautiful landscapes and a friendly atmosphere, Lake Placid is not just a place to live; it’s a lifestyle.

Come and discover the magic of Lake Placid, where your dream home awaits! Whether you’re seeking tranquility or adventure, this enchanting town has it all. Don’t miss out on the opportunity to become part of this lovely community. Your perfect home in Lake Placid is just a visit away!

Newest Lake Placid Homes under $400,000

38 Hickory Hills Circle, Lake Placid
$245,000
2 Beds ⋅ 2 Baths ⋅ 328924 MLS
Welcome to 38 Hickory Hills Circle in Lake Placid! This inviting 2-bedroom, 2-bathroom home offers approximately 1,162 square feet of living space with a functional layout designed for comfortable everyday living. The home features an eat-in kitchen, a spacious great room with room for a formal dining area, and a primary bedroom suite with a walk-in closet. It is in move-in condition, with upgrades having been completed with the exception of the appliances; the appliances are, however, in good condition. Enjoy the added convenience of a one-and-a-half-car garage, a covered front entry, and a screened porch - an ideal spot to relax and enjoy the Florida lifestyle. Located in the Tomoka Heights community, residents can enjoy community amenities including a clubhouse, swimming pool, and tennis courts. Discover the possibilities this home offers and schedule your private showing​​‌​​​​‌​‌​​​​‌‌​​‌‌​‌‌​​‌​​​‌​‌ today.

38 Hickory Hills Circle, Lake Placid
5 Crepe Myrtle Street, Lake Placid
$285,000
3 Beds ⋅ 2 Baths ⋅ 328936 MLS
If you’ve been dreaming of a home where boating and fishing are right at your doorstep, this beautifully updated 3-bedroom, 2-bathroom manufactured home in Lake Placid is calling your name! Wonderfully updated inside and out, this inviting property combines comfortable living with an exciting waterfront lifestyle. Enjoy the convenience of canal access to the renowned Lake Istokpoga, making it easy to step outside, hop on your boat, and head out for a day on the water. Whether you're an avid angler or simply love spending time outdoors, this location offers an opportunity to embrace the Florida lifestyle you've been looking for. Need extra space for your golf cart or belongings? The side garage, featuring a newer garage door, provides a convenient place to park your golf cart or enjoy additional storage. With thoughtful updates, a functional 3-bedroom, 2-bathroom layout, and boating access just steps away, this home is a wonderful opportunity for anyone looking to enjoy life on the water.

5 Crepe Myrtle Street, Lake Placid
118 Hillcrest Street, Lake Placid
$299,900
2 Beds ⋅ 2 Baths ⋅ 328918 MLS
SPACIOUS, BEAUTIFULLY UPDATED 2BR/2BA + BONUS ROOM IN AN ACTIVE 55+ COMMUNITY — ONLY $112/MONTH HOA! Discover exceptional value and comfortable Florida living in this beautifully updated duplex, offering 1,815 square feet of air-conditioned living space on a generous 7,500-square-foot lot. One of the largest homes in the community, this property offers the space you've been looking for with the convenience of low- maintenance living. The thoughtfully updated interior features beautiful hardwood flooring, plantation shutters on every window, granite kitchen countertops, an oversized granite kitchen sink, updated carpeting in the bedrooms, and an updated refrigerator. Elegant glass French doors open into a versatile bonus room— perfect for a home office, hobby room, or additional guest space. Two large walk-in closets provide exceptional storage. An oversized 2½-car garage offers plenty of room for vehicles, tools, and recreational equipment. A newer roof adds another valuable improvement to this well-appointed home. THE HOA IS JUST $112 PER MONTH AND INCLUDES LAWN MAINTENANCE, CABLE TV, AND YEAR- ROUND COMMUNITY AMENITIES! Enjoy a large clubhouse with a full kitchen, fitness center, heated swimming pool, spacious hot tub, pickleball and shuffleboard courts, and a private community boat ramp with access to Peachtree Canal. Whether you're looking for a full-time Florida residence or a seasonal getaway, this home delivers an outstanding combination of generous living space, attractive upgrades, exceptional amenities, and affordable monthly fees. Don't miss this opportunity to own one of the community's largest homes. Schedule your private showing today!

118 Hillcrest Street, Lake Placid
1412 Washington Boulevard, Lake Placid
$274,900
2 Beds ⋅ 2 Baths ⋅ 328857 MLS
Affordable lakefront living on Lake August! Situated on an oversized waterfront lot, this 2-bedroom, 2-bath home offers peaceful lake views and inviting spaces to enjoy them. The screened patio overlooks the lake, creating a relaxing spot for morning coffee or unwinding at the end of the day. A newer small dock provides another place to sit by the water and take in the view. Inside, tile flooring throughout the main living areas offers easy maintenance. The kitchen features granite countertops and off-white cabinetry, while both bedrooms provide comfortable space. An indoor laundry room with an additional storage area adds everyday convenience. Set in a quiet neighborhood, this Lake August waterfront home offers an affordable opportunity to make lakefront living your own. Schedule your showing and discover the possibilities!

1412 Washington Boulevard, Lake Placid
34 Chickasaw Street, Lake Placid
$359,000
3 Beds ⋅ 2 Baths ⋅ 328783 MLS
Discover Your Waterfront Escape! Step into your own slice of paradise with this beautifully renovated 3-bedroom, 2-bath canal home in the heart of Lake Placid, Florida. Perfectly situated on a peaceful dead-end street, this stunning retreat offers the ultimate blend of relaxation and investment potential. Enjoy direct access to Lake Henry right from your private dock, where boating, fishing, and water sports await. Plus, with easy access to Lake June and Lake Carrie, your waterfront adventures are endless! Entertain with ease on the covered back porch, unwind after a day on the water with the outdoor shower, and take advantage of the shed with electricity for extra storage. A 150-amp upgraded breaker panel and hurricane shutters provide both convenience and peace of mind. Tucked away in a serene setting yet just minutes from downtown Lake Placid, you’ll have quick access to shopping, dining, and entertainment. Commuting is effortless with nearby routes to Sebring and both Florida coasts. Move-in or rental-ready! Whether you're looking for a dream getaway or a profitable investment property, this canal-front beauty is a must-see.

34 Chickasaw Street, Lake Placid
5 Quail Run Lane, Lake Placid
$270,000
3 Beds ⋅ 2 Baths ⋅ 328871 MLS
Not your average remodel! Located in the charming “Caladium Capital of the World,” Lake Placid, Florida, this beautifully renovated home combines modern style, thoughtful updates, and exceptional land value. Completely renovated within the last two years, the home features sleek, large-format tile flooring throughout, three bedrooms plus a versatile home office that could easily serve as a fourth bedroom. Two stylish bathrooms feature gorgeous floor-to-ceiling tile and walk-in showers. Enjoy the freedom of a fully fenced double lot on nearly half an acre, offering plenty of room to roam, play, and entertain, with the added potential to subdivide the property into two separate parcels for future flexibility and added value. Outdoor recreation is just moments away at Windy Point Boat Ramp, while an expansive park with picnic areas sits right across the street. Additional highlights include a 2026 water heater, 2018 A/C, and durable metal roof. With modern finishes, generous outdoor space, and an unbeatable location, this unique property offers comfort, versatility, and exciting possibilities! Call your favorite agent to schedule a showing today.

5 Quail Run Lane, Lake Placid
10 Horseshoe Lane, Lake Placid
$45,000
2 Beds ⋅ 2 Baths ⋅ 328775 MLS
Spacious doublewide with a view of Lake CLay. Enjoy a view of the lake on the front porch with your morning coffee. The large bonus room is perfect for entertaining or just relax with a good book. The home also features a side screen room, workshop and utility room. Park amenities include shuffleboard , organized activities or enjoy the inground pool overlooking the lake. The park is pet friendly!

10 Horseshoe Lane, Lake Placid
341 E Interlake Boulevard, Lake Placid
$400,000
328802 MLS
Rare opportunity to own a well-established, income-producing restaurant along with the commercial real estate it operates from in Lake Placid, Florida. Located on a busy roadway with excellent visibility, this turnkey opportunity offers an established operation with a loyal customer base and regular patrons who have made this restaurant a local favorite. The restaurant offers seating for approximately 40 guests and includes three storage rooms, central air conditioning plus two mini-split systems. All restaurant equipment, furniture, fixtures and other items currently used in the operation of the business are included in the sale, allowing a new owner to step into an established, fully equipped operation. This is more than just a commercial building—it is an opportunity to acquire an operating restaurant, its equipment and the real estate together. Whether you are an experienced restaurant operator or looking for an established business with an existing customer base, much of the groundwork has already been done. Financial information and additional business details are available to qualified buyers upon execution of a confidentiality agreement. Business is currently open and operating. Please do not disturb the owners, employees or patrons. Showings are by appointment only.

341 E Interlake Boulevard, Lake Placid
662 Claremont Avenue, Lake Placid
$305,000
3 Beds ⋅ 2 Baths ⋅ 328785 MLS
Bright, immaculate, and spacious in Lake Placid, Florida! The purchase of this home includes a .30 acre lot directly across the street! Owner used it for a beautiful garden! There are mature banana and other fruit trees! About the home- This very nice and extremely well maintained home is ready for a new owner! Perfect for a family, or your seasonal residence! Located in the subdivision of Placid Lakes, just a few minutes from downtown Lake Placid! If you have Lake Placid on your list-you know it is a charming town with shops, restaurants, markets and more! Just minutes to Sebring where you will find the Big Box stores and more shopping! Also, ideally located right between both coasts, and major airports 1-2 hours away! The perfect location! This home features 3 bedrooms, 2 baths, large garage & More! The kitchen has a new Kenmore Pro SS Ceramic Glass Top range with Convection feature. Whirlpool Black Side X Side refrigerator/freezer, and stainless steel dishwasher. All windows less than two years old. There is central water, and a pump and well system for your lawn irrigation. The garage has built in shelving, an automatic side door for a golf cart or equipment, and central vacuum system! The living and dining provide bright and open sightlines, and there is a wet bar in the dining area. The main bedroom is spacious and has both a nice sized walk in closet, and a coat closet with bifold mirrored doors. The main bedroom bath features a walk-in shower. There are two guestrooms on the other side of house, with a guest bath between, This bathroom has a bath tub. Both bedrooms have ample closet space. One bedroom can be used as an office or craft room, and can easily become a guest room with the built in Murphy bed! The other guest bedroom has a window A/C unit in addition to the central A/C. If that is not enough- there is a very spacious enclosed lanai/back porch area, accessed by sliding glass doors. This adds to the space and comfort this home provides! A VERY NICE PACKAGE at a very nice price! Schedule your showing today!

662 Claremont Avenue, Lake Placid
843 Lake June Road, Lake Placid
$195,000
2 Beds ⋅ 2 Baths ⋅ 328745 MLS
Nice home on nearly 1/2 acre of land with NO HOA!!! You'll enjoy views of Lake June as well as deeded access to the lake! This two bedroom, two bath home also includes a living/dining room combination as well as a family room. The porch was enclosed and could make an additional bedroom (no closet) office or craft room. The HVAC was replaced in 2022. Roof is only 8 years old. This home has deeded access to Lake June right down the street! Sellers have never lived in the home and have done a pre seller inspection that they are requesting buyers review before making any offers. Home is being sold AS IS - further inspections welcome. Irrigation in place but well doesn't work. Home shows signs of some water damage on the floor where home could use a good sealing around foundation. There is a shed in the back yard

843 Lake June Road, Lake Placid
117 Country Club Drive Unit 702, Lake Placid
$89,000
2 Beds ⋅ 2 Baths ⋅ 328724 MLS
Fantastic lake views from this 7th floor condo that sits on the shores of Lake Grassy making your first morning views of the day from your master suite to having coffee on the screened lanai, bring calmness and relaxation. 2 bedrooms & 2 baths gives everyone privacy and space. Whether for a warm Florida winter getaway or full-time home, low maintenance is key with the HOA taking care of the exterior of the building maintenance, pest control and lawn & common area care. There is covered parking, an elevator, 2 laundry rooms, and for an additional charge, dock space is available. Come experience what relaxation is all about. No Pets, No Rentals, No Smoking.

117 Country Club Drive Unit 702, Lake Placid
339 Ellison Avenue, Lake Placid
$355,000
3 Beds ⋅ 2 Baths ⋅ 328682 MLS
Brand-new construction on a spacious half-acre lot in the desirable Placid Lakes community of Lake Placid! This thoughtfully designed 3-bedroom, 2-bath home offers 1,742 sq. ft. of living area and 2,427 sq. ft. under roof, featuring a split-bedroom floor plan, open living spaces, and cathedral ceilings. Quality features include a durable metal roof, walk-in closets, and a 2-car garage. The kitchen includes all appliances for added convenience. Enjoy the covered front porch and rear lanai, with plenty of outdoor space and room to add a pool! Located in the established Placid Lakes community, this property offers convenient access to shopping, dining, medical facilities, and schools. Lake Placid is also a short drive to either Florida coast, making it a great location for enjoying all that the Sunshine State has to offer. Membership in the Placid Lakes Home & Property Owners Association is voluntary and may provide access to community amenities, including a park and boat ramp on Lake June-in-Winter. All for only $25 a year! Construction is nearing completion, with anticipated completion in December 2026. Don't miss this opportunity to own a brand-new home with modern features, generous outdoor space, and optional community amenities!

339 Ellison Avenue, Lake Placid
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