
775 S ILAKEE AVENUE, LAKE ALFRED, FL, 33850
Active117 days on marketListed Jun 23, 2026MLS #L4961526
About this home
775 S ILAKEE AVENUE
Virtually Staged. 7000+ SQFT LAKEFRONT HOME WITH NO HOA: Lakefront and offering more than 7,000 square feet of living space, this expansive residence is privately positioned at the end of a quiet cul-de-sac on more than an acre along the shores of Lake Cummings. With over 9,800 square feet under roof, including more than 1,200 square feet of garage and storage space, the property offers an unusual amount of room and flexibility for multi-generational living, extended family, guests and entertaining. Its private lakefront setting, generous grounds and Central Florida location between Tampa and Orlando also present an intriguing opportunity for the seaplane enthusiast seeking a waterfront home base. Inside, expansive gathering spaces are balanced by distinct areas that allow family and guests to spread out comfortably. The formal living room is defined by a wall of windows overlooking the lake, filling the space with natural light and capturing broad water and sunset views. An oversized kitchen provides abundant cabinetry, storage and preparation space, along with a full-size refrigerator and freezer and dedicated ice maker, making it well suited for both everyday use and larger gatherings. The primary suite is positioned as a private retreat with lake views, a dressing area, dual walk-in closets and a spacious bath with dual vanities and an oversized sunken walk-in shower. Four additional bedrooms provide considerable flexibility for family, guests, home offices or extended stays. One of the home's most distinctive spaces is the separate celebration and pool room, an expansive entertainment area finished with tongue-and-groove walls and complemented by an upper loft, bedroom, full bathroom, kitchen and laundry. Its size and separation from the main living areas make it equally suited for large gatherings, recreation, overnight guests or an extended-family living arrangement. Outdoor living is centered around a substantial covered lanai with soaring wood ceilings and a commercial-style outdoor kitchen with built-in grill. Generous dining and lounge areas overlook the screened pool and spa, with the lake providing a natural backdrop beyond. Lake Cummings offers boating, fishing and seaplane accessibility, adding another dimension to the property. For an aviation enthusiast, the ability to arrive by water and maintain a private lakefront base creates possibilities rarely found in a residence of this scale. Extensive parking and garage space further complement that use without defining the property solely around aviation. Additional features include a circular driveway, whole-house Generac generator, abundant storage, screened garden and potting area, no HOA and a secluded end-of-road setting. Located in Lake Alfred approximately 15 minutes from I-4, the property is well positioned for access to Winter Haven, Lakeland and the greater Tampa and Orlando areas, including major airports, shopping, dining and healthcare. Ultimately, it is the combination of scale, privacy and flexibility that distinguishes the property: more than an acre of lakefront land, approximately 7,000 square feet of living space and a floor plan capable of accommodating multiple generations, frequent guests and large gatherings without sacrificing privacy. Add direct access to a private lake and the possibility of arriving home by seaplane, and the property offers a distinctly different approach to Central Florida lakefront living.
Facts & features
The home at a glance
6
Bedrooms
6.5
Bathrooms
7,035
Sqft
1.91 ac
Lot size
4
Garage
1954
Year built
One
Levels
$167
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$7,798 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$7,798/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+5%
$/sqft vs N/A
$167 vs $271
Days on market
117 vs 83 typical
Where $167/sqft sits among the 246 homes for sale in N/A
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Lake Alfred
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Lake Alfred. See the full Lake Alfred guide →
LAKE ALFRED 33850 — neighborhood snapshot
Population
9,825
Median age
43.5
Median income
$53,877
Median home value
$215,700
Avg household
2.49
Households w/ children
1,055
For the school run
Polk County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Lake Alfred market
$311K → $337K
Lake Alfred median sold, yr/yr
98.4%
Sale-to-list ratio (12 mo)
129 of 246
N/A have cut their price
Median sold price, Lake Alfred, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 251% above the LAKE ALFRED 33850 median. See the full Lake Alfred market guide →
Paper trail
This home's history
Reality check
What actually sold near 775 S ILAKEE AVENUE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$3,721,000
5303 NW 73RD TERRACE · same community
5 bd · 5.5 ba · 6,930 sqft · $537/sqft · 0 DOM
Sold · Dec ’25$1,250,000
2055 E C 462 · same community
3 bd · 3.5 ba · 6,234 sqft · $201/sqft · 45 DOM
Sold · Dec ’25$1,080,000
23245 CROOM ROAD · same community
4 bd · 4 ba · 3,836 sqft · $282/sqft · 27 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Anthony Richardson
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 775 S ILAKEE AVENUE — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 775 S ILAKEE AVENUE — before you fall in love.
See it in person
Schedule a tour
Live availability from Anthony's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
775 S ILAKEE AVENUE FAQs
What would the monthly payment be for 775 S ILAKEE AVENUE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $7,798/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 775 S ILAKEE AVENUE?+
The most recent tax bill on record (2025) was $10,282. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 775 S ILAKEE AVENUE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Lake Alfred?+
At $1,175,000, this home is listed about 226% above the Lake Alfred median of $359,900. The market section on this page shows how the area is trending.
Which schools are assigned to 775 S ILAKEE AVENUE?+
Lake Alfred Polytech Academy (middle), Lake Alfred Elementary School (elementary), Auburndale Senior High School (high) — Polk County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$1,175,000 runs 251% above the LAKE ALFRED 33850 median — but at 7,035 sqft it's also nearly 4 times the size of the typical Lake Alfred listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03The price has already moved
Listed at $1,250,000, now $1,175,000 — a $75K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of THE STONES REAL ESTATE FIRM · Michael Stone. MLS #L4961526.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
Never miss a listing
New Lake Alfred homes, in your inbox
Like 775 S ILAKEE AVENUE but not quite? A daily digest of every new listing in Lake Alfred — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask Anthony to ping you on any price or status change →


