Residential Land with Home for Sale in Lakeland, Florida
7721 Forest Way, Lakeland, FL 33810
PRICE REDUCTION of another 10k!!! SELLER MOTIVATED!! Welcome Home! NEW PRICE REDUCTION! RARE OPPORTUNITY!! Could divide the LOT and SELL a parcel and Pay down your MORTGAGE!!
Don't miss this beautifully maintained and thoughtfully upgraded custom-built home, situated on a spacious 2-acre lot in North Lakeland, Central Florida! This property offers a perfect balance of peaceful rural living and prime location convenience--just minutes from I-4, with easy access to Tampa and Orlando. Nearby you'll find shopping, medical facilities, golf courses, schools, and dining all within close reach.
Step into a home full of charm and character, featuring a split-bedroom layout upstairs, where both bedrooms enjoy private ensuite bathrooms and walk-in closets. The main house includes 3 bedrooms and 2 full bathrooms, while the fully equipped 1-bedroom, 1-bath guest house offers additional living space, full kitchen with dishwasher & Frig, complete with furnishings available for purchase.
Enjoy peace of mind with major updates already in place: a brand new roof installed in April 2025, and a new AC unit from October 2024! Best of all--no HOA restrictions, giving you the freedom to enjoy rural living your way. The property is zoned RC, allowing you to raise horses, farm animals, chickens, start a vegetable garden, or even keep a cow.
The eat-in kitchen features a stunning large picture window, offering beautiful views of the backyard gardens, mature oak trees, and flowering shrubs. You'll love the oak cabinetry with a butcher block-style finish, decorative open shelving, and a massive walk-in pantry perfect for small appliances and grocery storage.
Designed for both everyday comfort and entertaining, this home includes formal living and dining rooms, a sunken family room for relaxing, and a layout that's full of custom details--vaulted ceilings, high and corner windows, alcoves for your favorite furniture pieces, and more. Bedroom #3 features an oversized walk-in closet measuring 11.5' x 6', which can also serve as an office, bonus room, or air-conditioned storage space.
The guest apartment includes a private bedroom with a sink, walk-in shower, water closet, and full-sized laundry closet--ideal for visitors or multigenerational living.
Outside, you'll find a spacious open patio, beautifully shaded by mature oaks--ideal for relaxing or entertaining. The generous driveway accommodates multiple vehicles, with plenty of room for a golf cart, RV, or boat. While there's no garage currently, the lot offers ample space to build the structure of your dreams. There's even the potential to subdivide the lot in the future if desired.
This is a rare opportunity to own a truly unique home with incredible flexibility and value. Schedule your private tour today--before it's gone!
Location
- Street address
- 7721 Forest Way
- County
- Polk County
- Community
- Rolling Oak Estates
- Elevation
- 118 feet
Directions
I-4 to Exit for Kathleen rd. travel north to Duff road. Turn left on Duff rd. Go to stop sign turn right onto Catherine drive. Take your first left onto Rolling Oak Dr. follow to the end and turn right at the curve onto Forest way. Home is located after the first intersection on the right side. 7721 Forest way.
Property details
- Acreage
- 2 acres
- Zoning
- RC
- MLS #
- MFRMLS L4952712
- Posted
Property taxes
- 2024
- $1,194
Parcels
- 23-27-17-000000-031150
Legal description
N 330 FT OF S 660 FT OF W 264 FT OF E 1320 FT OF NE1/4 OF NW1/4 BEING LOTS 132 & 133 UNREC ROLLING OAK ESTS
Resources
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
- Franchise
- Keller Williams Realty
Exterior
- Parking
- Driveway, Oversized
- Features
- Lighting, Paved, Private Mailbox, Rain Gutters, Security Lights, Sidewalk
Structure
- Heating
- Electric, Exhaust Fan, Heat Pump, Wall Furnace
- Cooling
- Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)
- Materials
- Cedar, Frame
- Roof
- Shingle
Interior
- Room Count
- 11
- Rooms
- Bathroom x 3, Bedroom x 4, Dining Room, Family Room, Kitchen, Living Room
- Flooring
- Carpet, Ceramic Tile, Tile, Vinyl
- Appliances
- Cooktop, Dishwasher, Dryer, Garbage Disposer, Microwave, Refrigerator, Softener Water, Washer
- Security
- Security Lighting, Smoke Detector(s)
- Features
- Cathedral Ceiling(s), Ceiling Fans(s), Eat-In Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Nov 12, 2025 | Price drop | $460,000 | $10,000 -2.1% | MFRMLS |
| Sept 16, 2025 | Price drop | $470,000 | $5,900 -1.2% | MFRMLS |
| Aug 22, 2025 | Price drop | $475,900 | $4,000 -0.8% | MFRMLS |
| July 18, 2025 | Price drop | $479,900 | $10,100 -2.1% | MFRMLS |
| May 6, 2025 | New listing | $490,000 | — | MFRMLS |