308 WATER LILY LANE, LAKE ALFRED, FL, 33850
Active37 days on marketListed Sep 11, 2026MLS #L4964935
About this home
308 WATER LILY LANE
Welcome to your modern sanctuary at 308 Water Lily Lane, where sustainable living meets incredible value. This beautiful Lake Alfred home offers a rare and significant financial advantage: fully **PAID solar panels**. Imagine moving in and saying goodbye to high utility costs the monthly electric bill here is incredibly low, often hovering near zero. We encourage you to ask for the average monthly statements to see the savings for yourself. The interior is designed for easy living, but the backyard is the true showstopper. In a newer development, finding this level of seclusion is a rarity. The property is preserved with stunning mature trees and lush views, and because the land directly behind the home is non-buildable, your natural backdrop and privacy are protected for the long term. Coupled with remarkably low HOA fees, this home offers a budget-friendly way to enjoy a more private retreat. Location is everything, and you are perfectly positioned for both convenience and adventure. Commuting is a breeze with quick access to US 17/92 and I-4, putting you just about 40 minutes away from the magic of Walt Disney World. For those who love the local flavor, you are minutes from the charm of The Barn Antiques and the unique finds at Heavenly Honey Amish Warehouse. Outdoor enthusiasts will find their paradise here. Spend your weekends exploring the scenic TECO Auburndale Trail visiting the breathtaking Mackay Gardens and Lakeside Preserve, or catching some air at the nearby Elite Cable Park. Whether you are looking for a quiet sanctuary or a central hub close to world-class attractions, this home delivers it all. Don’t miss the chance to own a home that truly pays you back. Schedule your showing today!
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,574
Sqft
0.16 ac
Lot size
2
Garage
2020
Year built
One
Levels
$197
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 and the real association fee — not generic estimates.
$2,379 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
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
Estimated payment
$2,379/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. 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
+22.1%
$/sqft vs Lake Alfred actives
$197 vs $185
Days on market
37 vs 83 typical
Where $197/sqft sits among the 142 Lake Alfred actives
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)
74 of 142
Lake Alfred actives have cut their price
Median sold price, Lake Alfred, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 7% below the LAKE ALFRED 33850 median. See the full Lake Alfred market guide →
Paper trail
This home's history
Reality check
What actually sold near 308 WATER LILY LANE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$280,000
860 NW 5TH STREET
3 bd · 2.5 ba · 1,550 sqft · $181/sqft · 93 DOM
Sold · Aug ’26$259,990
248 MEREDITH BOULEVARD
4 bd · 2 ba · 1,598 sqft · $163/sqft · 50 DOM
Sold · May ’26$299,990
329 MEREDITH BOULEVARD
3 bd · 2 ba · 1,624 sqft · $185/sqft · 212 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
Nicholas Giaccone
Director of Agent Success · CENTURY 21 Edge
Tours, negotiation, and every question about 308 WATER LILY LANE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 308 WATER LILY LANE — before you fall in love.
See it in person
Schedule a tour
Live availability from Nicholas's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
308 WATER LILY LANE FAQs
What would the monthly payment be for 308 WATER LILY LANE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,379/mo — principal and interest, the actual property-tax bill, the $58/mo association fee 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.
How much are the HOA fees at 308 WATER LILY LANE?+
The association fee works out to $58 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 308 WATER LILY LANE?+
The most recent tax bill on record (2026) was $2,396. 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 308 WATER LILY LANE?+
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 $309,900, this home is listed about 14% below the Lake Alfred median of $359,900. The market section on this page shows how the area is trending.
Which schools are assigned to 308 WATER LILY LANE?+
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.
Keep looking
Similar homes nearby
Listing courtesy of COLDWELL BANKER REALTY · Yolanda Floyd. MLS #L4964935.
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.
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