Padgett Lake is a natural freshwater lake of irregular shape on the north side of Lake Wales, Florida. It has a 15.94-acre (64,500 m2) surface area. Most of the shore of this lake is a bit swampy 5 feet (1.5 m) to 10 feet (3.0 m) out into the water. Much of the shore is bordered by woods. On the northeast corner is a motel and on the southwest corner is a former motel that has been converted to apartments. A bit south of the lake and to the west of the former motel runs Mountain Lake Cutoff Road.