6137 WATERMAN LANE, LAKELAND, FL, 33812
Active31 days on marketListed Sep 17, 2026MLS #S5157843
About this home
6137 WATERMAN LANE
UPDATED, METICULOUSLY MAINTAINED & NO HOA! Welcome to 6137 Waterman Lane, a beautifully cared-for 2-bedroom, 2-bathroom home offering peace of mind, valuable updates, and a large fully fenced backyard! The current owners have taken exceptional care of this home and completed a thoughtful remodel in 2013, with before-and-after photos available to showcase the transformation. Major updates include all-new windows in 2013, roof, A/C and water heater in 2014, and a new drainfield in 2017. The spacious backyard provides plenty of room for outdoor entertaining, pets, gardening, or simply enjoying your own private space. And with NO HOA, you have added flexibility and freedom. This home truly stands out for its combination of care, updates, functionality, and outdoor space. If you’re looking for a move-in-ready home that has been lovingly maintained and offers many of the big-ticket improvements buyers want to see, 6137 Waterman Lane deserves a spot on your must-see list!
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,419
Sqft
0.33 ac
Lot size
2
Garage
1978
Year built
One
Levels
$211
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.
$2,240 /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
$2,240/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
+13.3%
$/sqft vs Lakeland actives
$211 vs $193
Days on market
31 vs 61 typical
Where $211/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.
The investor lens
Two ways this home pays
This home sits inside High Grove, a community zoned to allow true short-term rentals — so it can earn as a nightly rental or a traditional lease. Here’s how the two paths compare.
Short-term rental
Zoned & eligible
Projected nightly rate, occupancy and annual revenue for this exact home.
Long-term rental
$1,750/mo median
Live Lakeland rental listing data — this home’s rate depends on size, condition and furnishing.
Where it sits
Inside Highlands Grove South
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
High Grove is a short-term-rental community. See the full guide →
Highlands Grove South — neighborhood snapshot
Population
231
Median age
33
Median income
$78,603
Median home value
$307,600
Avg household
3
Households w/ children
46%
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 22% below the LAKELAND 33812 median. See the full Lakeland market guide →
Paper trail
This home's history
Reality check
What actually sold near 6137 WATERMAN LANE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Sep ’26$304,900
6149 WATERMAN LANE · same community
3 bd · 2 ba · 1,677 sqft · $182/sqft · 49 DOM
Sold · Dec ’25$295,000
3851 HORIZON HILL DRIVE
3 bd · 2 ba · 1,432 sqft · $206/sqft · 8 DOM
Sold · Jun ’26$290,000
1955 SUNFLOWER STREET
3 bd · 2 ba · 1,467 sqft · $198/sqft · 73 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
Seth Cabrera - Rothschild
Realtor · CENTURY 21 Edge
Tours, negotiation, and every question about 6137 WATERMAN LANE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 6137 WATERMAN LANE — before you fall in love.
See it in person
Schedule a tour
Live availability from Seth's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
6137 WATERMAN LANE FAQs
What would the monthly payment be for 6137 WATERMAN LANE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,240/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 6137 WATERMAN LANE?+
The most recent tax bill on record (2025) was $2,250. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Can 6137 WATERMAN LANE be rented short-term?+
Yes — this home sits inside High Grove, a community zoned to allow short-term rentals. Nightly-rental income could change the math on this purchase entirely; request a free rental income analysis and our team will prepare projections for this exact home.
How does the price compare to other homes in Lakeland?+
At $299,000, this home is listed about 9% below the Lakeland median of $330,000. The market section on this page shows how the area is trending.
Which schools are assigned to 6137 WATERMAN LANE?+
Highland City Elementary School (elementary), Bartow Senior High School (high), Bartow Middle School (middle) — Polk County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the LAKELAND 33812 market on paper
$299,000 is 22% below the LAKELAND 33812 median of $383,700.
02Zoned for nightly rentals
High Grove is one of the communities zoned to allow true short-term rentals — nightly income could change the math on this purchase entirely. Ask for the free rental analysis below.
03The price has already moved
Listed at $310,000, now $299,000 — a $11K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of FIERCE REALTY · Amy Harris. MLS #S5157843.
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 Lakeland homes, in your inbox
Like 6137 WATERMAN LANE but not quite? A daily digest of every new listing in Lakeland — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask Seth to ping you on any price or status change →