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Land with Home for Sale in Lake Alfred, Florida

775 S Ilakee Ave, Lake Alfred, FL 33850

$1,175,000
2 acres
Active sale
$50k drop
Est $6,860/mo

Virtually Staged. Hidden at the end of a quiet cul-de-sac on the shores of private Lake Cummings, this extraordinary estate offers a rare opportunity to create a private Central Florida seaplane retreat, gathering place, or lakefront home base. With no HOA, direct lake access, exceptional privacy, and a strategic location between Tampa and Orlando, the possibilities are compelling. Offering 7,000+ sqft of living space, 9,800+ sqft under roof, 1,200+ sqft of garage/storage space, and over an acre of private lakefront land, the estate is designed for both everyday living and memorable gatherings. For the seaplane enthusiast, imagine arriving home on the water, hosting fellow pilots for fly-in gatherings, or establishing a private lakefront base in the heart of Florida. Expansive gathering spaces are balanced by comfortable private retreats. A formal living room features a wall of windows framing panoramic lake and sunset views. The oversized kitchen is built to accommodate a crowd with abundant storage and prep space, full-size refrigerator and freezer, and ice maker-ideal for entertaining family, friends, or aviation groups. The private primary suite enjoys lake views, a dressing area, dual walk-in closets, and spa-inspired bath with dual vanities and an oversized sunken walk-in shower. Four additional bedrooms provide accommodations for family, guests, or visiting pilots. A standout celebration/pool room creates an entertainment venue of its own with tongue-and-groove walls, upper loft, bedroom, bathroom, kitchen, and laundry-perfect for parties, game nights, pilot meetups, club gatherings, or overnight guests while the main residence remains a peaceful retreat. Outside, a covered lanai with soaring wood ceilings features a commercial-style outdoor kitchen, built-in grill, and expansive dining and lounge areas overlooking the screened pool, spa, and lake. Lake Cummings offers boating, fishing, and seaplane accessibility. The secluded end-of-road setting, private lake, no HOA, generous grounds, extensive parking, oversized garage/storage, guest accommodations, and impressive entertaining spaces create intriguing possibilities for a seaplane owner, aviation group, or investor seeking a distinctive Central Florida property. Additional highlights include a circular driveway, whole-house Generac generator, abundant storage, and screened garden/potting area. Located in Lake Alfred just 15 minutes from I-4, the estate provides convenient access to Lakeland, Winter Haven, Orlando, Tampa, major airports, shopping, dining, and healthcare. At approximately $179/sqft, this property offers remarkable scale, waterfront acreage, privacy, and versatility. More than a luxury lakefront residence, it has the potential to become a true Central Florida seaplane home base-a place to land, gather, entertain, stay, and enjoy Florida lakefront living from an entirely different perspective.

7,035
Sq feet
6
Beds
5
Full baths
3
1/2 baths
1954
Built

Location

Street address
775 S Ilakee Ave
Zip code
33850
Community
Lake Alfred
Elevation
129 feet
Coordinates
28.0845, -81.7383

Directions

Take Hwy 27 to Hwy 17-92 - Hwy 17-92 west to Lake Alfred - Right on W Cummings - Left on S Ilakee Ave - Home is at the end on your right

Property details

Acreage
1.91 acres83,200 sq ft
Zoning
R-1A
MLS #
MFRMLS L4961526
Posted

Property taxes

2025
$10,282

Parcels

  • 26-27-32-000000-044050

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

View
Lake, Water
Waterfront
Lake Front
Features
City Limits, Oversized Lot, Street Dead-End

Exterior

Parking
Driveway, Garage, Open
Pool
Porch
Hot Tub
Yes
Structures
Guest House, Outdoor Kitchen
Features
Outdoor Grill, Outdoor Shower, Rain Gutters

Structure

Stories
1
Water
Public
Sewer
Public Sewer
Heating
Central, Electric
Cooling
Central Air
Materials
Block, Stucco
Roof
Membrane, Metal
Windows
Double Pane Windows

Interior

Room Count
15
Rooms
Bathroom x 8, Bedroom x 6, Bonus Room, Dining Room, Family Room
Flooring
Carpet, Laminate, Tile-Ceramic
Appliances
Built-In Oven, Dishwasher, Dryer, Electric Water Heater, Ice Maker, Range, Refrigerator, Washer
Features
Ceiling Fans(s), Primary Bedroom Main Floor, Split Bedroom, Walk-In Closet(s)

Property utilities

CategoryTypeStatus
GasPropaneConnected

Nearby schools

NameType
Lake Alfred ElemElementary
Stambaugh MiddleMiddle
Auburndale High SchoolHigh

Listing history

DateEventPriceChangeSource
Oct 1, 2026Price drop$1,175,000$50,000 -4.1%MFRMLS
Aug 3, 2026Price drop$1,225,000$25,000 -2%MFRMLS
June 23, 2026New listing$1,250,000—MFRMLS
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This 1.91-acre property is located at 775 S Ilakee Ave in Lake Alfred, FL 33850. The property is available for sale, priced at $1,175,000. It has a 7,035 square foot 6-bedroom, 6.5-bath house built in 1954.

Listed by The Stones Real Estate Firm, (863) 412-2080

Checked 2 hours agoUpdated Source

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