4271 Magnolia Dr, Indian Lake Estates, FL, 33855
About This Home
PRICE REDUCTION – PRICE REDUCTION – SELLER HIGHLY MOTIVATED Move-In Ready New Construction on Half Acre in Gated, Lake-Access Community Be the first to own this stunning brand-new 4-bedroom, 2.5-bath home offering 1,898 sq ft of thoughtfully designed living space on a spacious half-acre lot. Beautiful stone accents enhance the curb appeal, and the home is move-in ready with only minor finishing touches being completed. Located within the gated community, residents enjoy access to Lake Weohyakapka (Lake Walk-in-Water), a 7,500+ acre freshwater lake renowned for boating, jet skiing, and trophy largemouth bass fishing. Community amenities include a marina, private boat ramp, fishing dock, the longest freshwater fishing pier in Florida, an 18-hole golf course, a 23,000 sq ft clubhouse with activities, on-site restaurant, fitness room, tennis, pickleball, and basketball courts, plus year-round community events. Low HOA. No CDD. Approximately 60–75 minutes to Walt Disney World and convenient to Orlando and major highways. Whether you love boating, golfing, or simply soaking in Florida’s natural beauty, this home offers the perfect blend of relaxation and recreation. Don’t miss this move-in-ready gem. Schedule your private tour today.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Completed
- New construction: Yes
- Year built: 2026
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Block,Concrete,Stone,Stucco
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Cooktop,Dishwasher,Disposal,Electric Water Heater,Exhaust Fan,Microwave,Range Hood,Refrigerator
- Laundry features: Inside,Laundry Room
Bedroom2
- Features: Built-in Closet
- Level: First
- Area: 132
- Dimensions: 11x12
Bedroom3
- Features: Built-in Closet
- Level: First
- Area: 120
- Dimensions: 10x12
Bedroom4
- Features: Built-in Closet
- Level: First
- Area: 120
- Dimensions: 10x12
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Attic Ventilator,Ceiling Fan(s),High Ceilings,Primary Bedroom Main Floor,Walk-In Closet(s)
- Flooring: Porcelain Tile,Tile
Great Room
- Level: First
- Area: 289
- Dimensions: 17x17
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air
Interior Area
- Total structure area: 2,521
- Total interior livable area: 1,898 sqft
Kitchen
- Level: First
- Area: 266
- Dimensions: 14x19
Primary Bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 192
- Dimensions: 12x16
Property
Details
- Parcel number: 293112994060022223
- Zoning: PUD
- Special condition: None
Features
- Levels: One
- Stories: 1
- Exterior features: Private Entrance
Lot
- Lot size: 0.50 Acres
- Lot size dimensions: 100 x 218
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Strong Wind
- Wildfire
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters in Polk County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,869 | $22,428 |
| Home Insurance * | $189 | $2,268 |
| Property Taxes | $224 | $2,688 |
| Electricity | $197 | $2,366 |
| Total | $2,479 | $29,748 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-13 | Price change | $369,750 |
| 2026-03-24 | Price change | $375,000 |
| 2026-03-16 | Price change | $379,900 |
| 2026-02-18 | Listed for sale | $385,000 |
New Construction
View on Zillow