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Land with Home for Sale in Lake Alfred, Florida

775 S Ilakee Ave, Lake Alfred, FL 33850

$1,225,000
2 acres
Active sale
$25k drop
Est $7,116/mo

Virtually Staged. Hidden at the end of a quiet street on the shores of Lake Cummings, this legacy estate offers over 7,000 sqft of living space, more than 9,800 sqft under roof, 1,200 sqft of garage space, and over 1 acre of private land with breathtaking western sunset views. The thoughtfully crafted floor plan offers expansive gathering spaces while maintaining comfort and privacy. A formal living room showcases a wall of windows framing panoramic lake views, filling the home with natural light. The oversized kitchen is the heart of the home, with abundant storage, prep and serving space, a full size refrigerator and freezer, and ice maker-ideal for both intimate dinners and large celebrations. The private primary suite is a true retreat with tranquil lake views, a dressing area, dual walk-in closets, and a spa-inspired bath with dual vanities and an oversized sunken walk-in shower. Four additional bedrooms provide exceptional accommodations for guests. A standout celebration/pool room with tongue and groove walls, an upper loft, bedroom, bathroom, kitchen, and laundry expands the living space into its own entertainment venue for parties, game nights, or holiday gatherings-all while the main residence stays a peaceful retreat. Outside, the covered lanai is an outdoor living pavilion with soaring wood ceilings, a commercial-style outdoor kitchen with built-in grill, and expansive dining and lounge areas leading to a screened pool and spa. A dedicated screened potting and garden area overlooks the lake. Lake Cummings offers boating, fishing, and even seaplane accessibility. Nearly one acre of land allows room to enjoy the outdoors while maintaining exceptional privacy. Additional highlights: 1,200+ sqft of garage/storage space, circular driveway, whole-house Generac generator, abundant storage, and no HOA. Located in Lake Alfred, Polk County, along the I-4 corridor-one of Florida's fastest-growing regions, with the county adding nearly 25,000 residents in the past year and projected to near 1 million by 2030-this estate offers rare scale and lakefront acreage at approximately $179/sqft, well below comparable homes closer to Tampa and Orlando. Just 15 minutes to I-4, with both metro areas, major airports, shopping, dining, and healthcare within easy reach, this property is both a distinctive primary residence and a compelling long-term opportunity in a corridor still early in its growth curve. This is more than a luxury lakefront home-it's a private destination where sunsets become nightly events and every gathering becomes a cherished memory.

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, Sliding Doors

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
Aug 3, 2026Price drop$1,225,000$25,000 -2%MFRMLS
June 23, 2026New listing$1,250,000MFRMLS
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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 $1,225,000. 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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