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775 S ILAKEE AVENUE, Lake Alfred, FL, 33850

6beds
8baths
7,035sqft
$1,225,000
$174price/sqft
$9,290/moest. monthly cost
$371,600/yrincome needed

About This Home

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.

Getting Around

11
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

3/10
3/10
Auburndale Senior High SchoolGrades PK,9-123.0 mi

Construction

Condition

  • Property condition: Completed
  • Year built: 1954

Materials

  • Foundation: Slab
  • Roof: Membrane,Metal
  • Construction materials: Block,Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Custom
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Oven,Dishwasher,Dryer,Electric Water Heater,Ice Maker,Range,Refrigerator,Washer
  • Laundry features: Inside,Laundry Room

Bathroom2

  • Features: Shower No Tub
  • Level: First
  • Area: 49
  • Dimensions: 7x7

Bathroom3

  • Features: Tub With Shower
  • Level: First
  • Area: 60
  • Dimensions: 6x10

Bathroom4

  • Features: Tub With Shower
  • Level: First
  • Area: 108
  • Dimensions: 9x12

Bedroom2

  • Features: Ceiling Fan(s),En Suite Bathroom,Walk-In Closet(s)
  • Level: First
  • Area: 300
  • Dimensions: 12x25

Bedroom3

  • Features: Ceiling Fan(s),Built-in Closet
  • Level: First
  • Area: 180
  • Dimensions: 12x15

Bedroom4

  • Features: Ceiling Fan(s),Built-in Closet
  • Level: First
  • Area: 120
  • Dimensions: 10x12

Bedroom5

  • Features: Ceiling Fan(s),Built-in Closet
  • Level: First
  • Area: 130
  • Dimensions: 10x13

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 8
  • Full bathrooms: 5
  • 1/2 bathrooms: 3

Bonus Room

  • Features: Built-In Shelving,Ceiling Fan(s),Built-in Features,En Suite Bathroom,Built-in Closet
  • Level: First
  • Area: 500
  • Dimensions: 20x25

Dining Room

  • Level: First
  • Area: 315
  • Dimensions: 15x21

Family Room

  • Features: Built-In Shelving,Ceiling Fan(s)
  • Level: First
  • Area: 532
  • Dimensions: 19x28

Features

  • Ceiling Fan(s),Primary Bedroom Main Floor,Split Bedroom,Walk-In Closet(s)
  • Door features: Outdoor Grill,Outdoor Kitchen,Outdoor Shower,Sliding Doors
  • Flooring: Carpet,Ceramic Tile,Laminate

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 9,855
  • Total interior livable area: 7,035 sqft

Kitchen

  • Features: Breakfast Bar,Built-in Features,Kitchen Island,Tile Counters
  • Level: First
  • Area: 638
  • Dimensions: 22x29

Living Room

  • Features: Built-In Shelving,Ceiling Fan(s)
  • Level: First
  • Area: 465
  • Dimensions: 15x31

Office

  • Features: Built-In Shelving,Ceiling Fan(s),Built-in Features,Built-in Closet
  • Level: First
  • Area: 285
  • Dimensions: 15x19

Primary Bathroom

  • Features: Dual Sinks,Shower No Tub,Linen Closet
  • Level: First
  • Area: 100
  • Dimensions: 10x10

Primary Bedroom

  • Features: Ceiling Fan(s),En Suite Bathroom,Walk-In Closet(s)
  • Level: First
  • Area: 270
  • Dimensions: 15x18

Property

Details

  • Parcel number: 262732000000044050
  • Zoning: R-1A
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Private pool: Yes
  • Pool features: Gunite,In Ground
  • Patio & porch: Covered,Rear Porch,Screened
  • Exterior features: Irrigation System,Outdoor Grill,Outdoor Kitchen,Outdoor Shower,Rain Gutters
  • Has spa: Yes
  • Spa features: Heated,In Ground
  • Has view: Yes
  • View description: Water,Lake
  • Has water view: Yes
  • Water view: Water,Lake
  • On waterfront: Yes
  • Waterfront features: Lake Front,Lake Privileges,Boat Ramp - Private,Skiing Allowed
  • Waterbody name: LAKE CUMMINGS
  • Residential vegetation: Mature Landscaping,Trees/Landscaped

Lot

  • Lot size: 1.91 Acres
  • Features: City Lot,Oversized Lot,Street Dead-End
  • Lot size dimensions: 170 x 600

Parking

  • Total spaces: 4
  • Parking features: Circular Driveway,Driveway,Garage Door Opener,Split Garage,Workshop in Garage
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • Has uncovered spaces: Yes

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

  • Strong Wind
    Strong WindVery High
  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Strong Wind
Hurricane
Lightning
Tornado
Wildfire

FEMA Declared Disasters in Polk County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

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

MonthlyAnnual
Mortgage $6,194$74,328
Home Insurance *$597$7,164
Property Taxes $1,792$21,504
Electricity $707$8,495
Total$9,290$111,480
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$318,514/yr
40% on housing$278,700/yr
45% on housing$247,733/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

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.

Insurance Growth Rate5-year average: 11.8%
11.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 6.0%
6.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$174This listing

vs Other Active Listings

Avg $/sqft

ZIP 33850$126
Polk County$134

vs Homes Sold Last Month

Median $/sqft

ZIP 33850$168
Polk County$179

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

DateEventPrice
2026-08-03Price change$1,225,000
2026-06-23Listed for sale$1,250,000
1995-10-04Sold$280,000

For Sale by Agent

AgentMichael Stone
BrokerageTHE STONES REAL ESTATE FIRM

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