490 TWIN LAKES BOULEVARD, LAKE ALFRED, FL, 33850
Active7 days on marketListed Aug 6, 2026MLS #P4939524
About this home
490 TWIN LAKES BOULEVARD
Beautiful Lakefront Home on 1.6± Acres in Lake Alfred Experience peaceful lakefront living in this beautiful home situated on approximately 1.6 acres in Lake Alfred, including the additional parcel (#26-27-29-000000-022110). Ideally located between Orlando and Tampa, this property offers the perfect combination of convenience, privacy, and scenic waterfront views. This well-designed home features 3 bedrooms, 2 bathrooms, and a desirable split-bedroom floor plan with an open, inviting layout. The spacious family room and dining area are highlighted by a charming wood-burning fireplace, creating the perfect gathering space. The galley-style kitchen is equipped with solid wood oak cabinetry, providing timeless appeal and ample storage. The generous primary suite offers a relaxing retreat with a whirlpool tub, separate walk-in shower, and a large walk-in closet. Just off the primary bedroom is a versatile bonus room that’s ideal for a home office, den, nursery, or fitness space. Enjoy your morning coffee or unwind in the evening from the large screened front porch, where you’ll take in breathtaking lake views. Outside, the property also includes a large workshop/storage building with electricity, a 2-car carport, and plenty of space to enjoy the outdoors. Whether you’re looking for a peaceful primary residence or a private lakeside retreat, this unique property offers incredible potential in a picturesque setting. Schedule your private showing today and discover all that this exceptional lakefront oasis has to show! View a short video tour, then navigate the 360° interactive aerial virtual tour from a bird’s-eye view, where you can look around the entire property, zoom in and out, and explore the home, land, and surrounding area as far as the eye can see.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
2,214
Sqft
0.81 ac
Lot size
1961
Year built
One
Levels
$165
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.
$2,659 /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
$2,659/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
−1.5%
$/sqft vs Lake Alfred actives
$165 vs $187
Days on market
7 vs 60 typical
Where $165/sqft sits among the 108 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 → $322K
Lake Alfred median sold, yr/yr
98.4%
Sale-to-list ratio (12 mo)
39 of 108
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 12% 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 490 TWIN LAKES BOULEVARD
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$377,675
1372 MELROSE STREET
4 bd · 3 ba · 2,109 sqft · $179/sqft · 67 DOM
Sold · Apr ’26$375,260
1364 MELROSE STREET
4 bd · 3 ba · 2,109 sqft · $178/sqft · 78 DOM
Sold · Jun ’26$440,000
1508 MELROSE STREET
4 bd · 3 ba · 2,109 sqft · $209/sqft · 188 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
Kamilla Pagotto
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 490 TWIN LAKES BOULEVARD — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 490 TWIN LAKES BOULEVARD — before you fall in love.
See it in person
Schedule a tour
Live availability from Kamilla's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
490 TWIN LAKES BOULEVARD FAQs
What would the monthly payment be for 490 TWIN LAKES BOULEVARD?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,659/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 490 TWIN LAKES BOULEVARD?+
The most recent tax bill on record (2025) was $2,270. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Lake Alfred?+
At $365,000, this home is listed about 2% above the Lake Alfred median of $358,195. The market section on this page shows how the area is trending.
Which schools are assigned to 490 TWIN LAKES BOULEVARD?+
Walter Caldwell Elementary School (elementary), Auburndale Senior High School (high), Lake Alfred Polytech Academy (middle) — 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
$365,000 runs 12% above the LAKE ALFRED 33850 median — but at 2,214 sqft it's also 20% larger than 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.
03Fresh on the market
Only 7 days on market in a Lake Alfred market that averages 60 — if it fits, move quickly.
Keep looking
Similar homes nearby
Listing courtesy of STACEY TOWNS REALTY LLC · Cathy Stripling. MLS #P4939524.
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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