214 & 216 ALLAMANDA DRIVE, INDIAN LAKE ESTATES, FL, 33855
Active180 days on marketListed Feb 16, 2026MLS #P4937832
About this home
214 & 216 ALLAMANDA DRIVE
**Amazing Opportunity: TWO Fabulous 1/2 Acre Lots Available Side by Side in Indian Lake Estates – A Prime Location on a Fantastic Street!** Get ready to turn your dreams into reality in the highly coveted Indian Lake Estates! Nestled on one of the most desirable streets, these beautiful half-acre lots are primed for your custom home! Enjoy the convenience of access to the community's privae water system (no well necessary) and nearby electric service—everything is set for your perfect build! Indian Lake Estates is an incredible lake and golf community, beautifully located just about 20 miles east of Lake Wales in Central Florida. This hidden gem is centered around the breathtaking 7,500-acre Lake Walk-In-Water, which is famous throughout the state and beyond for its world-class bass fishing! Residents have exclusive lake access that includes a sandy beach, boat ramp, marina, and the longest freshwater fishing pier in Florida. Imagine relaxing afternoons by the water at the lakeside pavilion, complete with propane grills and cozy picnic areas! The community is bursting with fantastic amenities: hit the links on an 18-hole golf course, enjoy a game of basketball or tennis, or unwind at the spacious 23,000 sq.ft. clubhouse featuring a delightful restaurant. Plus, you'll find a library, churches, post office, fitness room, pro shop, and so much more to explore! Nature enthusiasts will absolutely love the abundant wildlife—spot deer, turkey, cranes, and a dazzling variety of birds! This peaceful country setting provides a serene atmosphere while keeping modern conveniences just a stone's throw away. And let’s not forget, you’re only an hour away from the excitement of Orlando, Disney World, and Tampa. So close to the iconic Bok Tower Gardens (a National Historic Landmark) and just minutes from the amazing Westgate River Ranch Resort—a sprawling 1,700-acre dude ranch that offers rodeos, airboat rides, horseback riding, glamping, and a whole lot more! Whether you’re dreaming of building your forever home, a seasonal escape, or a fantastic investment property, Indian Lake Estates is the place to be! Dive into an incredible lifestyle surrounded by nature, recreation, and charm. Come and discover Polk County's best-kept secret—Indian Lake Estates!
Facts & features
The home at a glance
0.5 ac
Lot size
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.
$416 /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
$416/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.
Where it sits
Inside Indian Lake Estates
Get to know Indian Lake Estates. See the full Indian Lake Estates guide →
INDIAN LAKE ESTATES 33855 — neighborhood snapshot
Population
33
Median age
68.1
Avg household
1.94
For the school run
Polk County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Indian Lake Estates market
$327K → $330K
Indian Lake Estates median sold, yr/yr
96.7%
Sale-to-list ratio (12 mo)
Median sold price, Indian Lake Estates, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 90% above the INDIAN LAKE ESTATES 33855 median. See the full Indian Lake Estates market guide →
Paper trail
This home's history
Reality check
What actually sold near 214 & 216 ALLAMANDA DRIVE
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$90,000
3500 ORCHID DRIVE · same community
2 bd · 1 ba · 950 sqft · $95/sqft · 5 DOM
Sold · Mar ’26$65,000
3771 INDIAN LAKE DRIVE · same community
3 bd · 1 ba · 998 sqft · $65/sqft · 0 DOM
Sold · Nov ’25$229,850
3601 PARK AVENUE · same community
2 bd · 2 ba · 1,030 sqft · $223/sqft · 34 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
Iain Robinson
Broker Associate · CENTURY 21 Edge
Tours, negotiation, and every question about 214 & 216 ALLAMANDA DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 214 & 216 ALLAMANDA DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Iain's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
214 & 216 ALLAMANDA DRIVE FAQs
What would the monthly payment be for 214 & 216 ALLAMANDA DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $416/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 214 & 216 ALLAMANDA DRIVE?+
The most recent tax bill on record (2025) was $106. 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 214 & 216 ALLAMANDA DRIVE?+
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 Indian Lake Estates?+
At $39,000, this home is listed about 89% below the Indian Lake Estates median of $369,900. The market section on this page shows how the area is trending.
Which schools are assigned to 214 & 216 ALLAMANDA DRIVE?+
Frostproof Ben Hill Griffin Junior Elementary School (elementary) — 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
$39,000 runs 90% above the INDIAN LAKE ESTATES 33855 median.
02Time on market is leverage
180 days on market against a Indian Lake Estates median of 59 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $50,000, now $39,000 — a $11K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of KB REALTY TEAM LLC · Karen Boyette. MLS #P4937832.
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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