850 HANOVER WAY, LAKELAND, FL, 33813
Active33 days on marketListed Sep 15, 2026MLS #L4965087
About this home
850 HANOVER WAY
Welcome to this lakefront pool home on nearly an acre in the gated Hamilton South community of South Lakeland. Fresh interior and exterior paint, new floors throughout, high ceilings, and tray ceilings set a bright, open tone from the moment you enter. The large formal living room and formal dining room give you classic entertaining space, while the oversized great room with fireplace is the everyday gathering spot. The kitchen has been updated with all-new appliances, including a wine cooler, plus a breakfast bar and breakfast nook. A big laundry room with storage and a sink keeps daily living easy. The huge master suite includes two walk-in closets, a walk-in shower, a garden tub, and a private office just off the bedroom. Jack-and-Jill bedrooms share a full bath and open to a bonus/play room. A full in-law suite offers a large bedroom, walk-in closets, bonus room, sauna, full bathroom, and direct pool access. Six doorways lead to the screened pool deck with two spas. A concrete wall encloses the back and side yards for privacy, and the lakefront setting leaves room for future upgrades. The garage includes a work station and bonus storage room. Major updates include a 2025 roof, one new A/C in 2026, a second A/C from 2019, and a propane water heater installed in 2016. Gated South Lakeland living with space, privacy, and water at your backyard. Much more to see—schedule your private tour.
Facts & features
The home at a glance
6
Bedrooms
3
Bathrooms
3,828
Sqft
0.89 ac
Lot size
2
Garage
1994
Year built
One
Levels
$200
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.
$5,178 /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
$5,178/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
−11.8%
$/sqft vs Lakeland actives
$200 vs $193
Days on market
33 vs 61 typical
Where $200/sqft sits among the 400 Lakeland 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 Lakeland
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Lakeland. See the full Lakeland guide →
LAKELAND 33813 — neighborhood snapshot
Population
38,112
Median age
39.9
Median income
$96,723
Median home value
$330,100
Avg household
2.72
Households w/ children
5,079
For the school run
Polk County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Lakeland market
$316K → $322K
Lakeland median sold, yr/yr
97.8%
Sale-to-list ratio (12 mo)
223 of 400
Lakeland actives have cut their price
Median sold price, Lakeland, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 91% above the LAKELAND 33813 median. See the full Lakeland market guide →
Paper trail
This home's history
Reality check
What actually sold near 850 HANOVER WAY
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$735,000
715 HANOVER COURT · same community
4 bd · 3.5 ba · 3,397 sqft · $216/sqft · 311 DOM
Sold · Jul ’26$1,000,000
5019 LAKE IN THE WOODS BOULEVARD
5 bd · 4.5 ba · 3,809 sqft · $263/sqft · 19 DOM
Sold · Jul ’26$795,000
5789 LAKE VICTORIA DRIVE
5 bd · 4.5 ba · 4,153 sqft · $191/sqft · 182 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
Colleen Brown
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 850 HANOVER WAY — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 850 HANOVER WAY — before you fall in love.
See it in person
Schedule a tour
Live availability from Colleen's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
850 HANOVER WAY FAQs
What would the monthly payment be for 850 HANOVER WAY?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,178/mo — principal and interest, the actual property-tax bill, the $71/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 850 HANOVER WAY?+
The association fee works out to $71 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 850 HANOVER WAY?+
The most recent tax bill on record (2025) was $6,385. 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 850 HANOVER WAY?+
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 Lakeland?+
At $765,000, this home is listed about 132% above the Lakeland median of $330,000. The market section on this page shows how the area is trending.
Which schools are assigned to 850 HANOVER WAY?+
Medulla Elementary School (elementary), Southwest Middle School (middle), George W. Jenkins Senior High (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
$765,000 runs 91% above the LAKELAND 33813 median — but at 3,828 sqft it's also nearly twice the size of the typical Lakeland 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 $779,900, now $765,000 — a $15K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of REMAX EXPERTS · Kris Snyder. MLS #L4965087.
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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