$650,000
5905 Magnolia Lane
Lakeland, FL 33810
Listing updated: July 22, 2026 at 9:42 AM ET
Listing courtesy of Premier Realty Network, Inc · Jeri Thom · MLS #L4958649 · Active · 863-646-6688Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
Virtually Staged. BACK ON MARKET AFTER BUYERS LOAN DENIED. This unique one-of-a-kind property tons of possibilities and is ready for the next chapter. If you require a workshop or space for RV or boat storage and prefer to avoid HOA restrictions, this property affords an excellent solution. Situated on nearly 1.5 acres, it features a 3,200+ square foot main residence, along with a detached barn/workshop that includes a partially finished living area above. Entry is secured by a private electric gate, enhancing safety and privacy. The expansive circular driveway leads to a deep wrap-around porch, welcoming you to this impressive tri-level home. The main and center level encompasses formal living and dining rooms, a traditional country-style kitchen with brick accented walls, and picture windows that provide views of the screened, enclosed pool. Adjacent to the kitchen, a breakfast nook overlooks the pool area. Upstairs, there are three spacious bedrooms, including the primary suite with its own private bath. The lower level provides a large bonus room (or fourth bedroom) featuring a fully ADA-accessible bathroom and an inside laundry room. The side-entry garage offers direct access to both the bonus and utility rooms. Recent updates include fresh interior paint, county water for potable use, irrigation from a well, a completely new septic system (tank and drain field) installed in 2026 days, and two traditional AC units servicing the main house. Nearby, the nearly 2,000-square-foot barn/workshop boasts a second floor, partially finished living area (approximately 500 square feet not counted in the main dwelling’s SF), cooled by a geothermal heat pump (GHP). Additional amenities include the electric entry gate and a private pond in the front yard, which could be stocked for recreational fishing. There is potential for establishing a “family compound,” as the adjoining property may be available for separate purchase. It shares part of the circular driveway, but has its own gated entrance, and could afford shared equity for multiple owners or multi-generational households. This property is ideally suited for individuals who own work vehicles or operate small businesses and want to avoid HOA conflicts. Showings are easy to arrange; please schedule an appointment. No trespassing is permitted.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history167 days on market
- Status: ActiveJul 9, 2026
- Listed$665,000Jan 22, 2026
- Price reduced$650,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 167
- Subdivision
- Silver Lakes Rep
- County
- Polk
- Year built
- 1962
- Living area
- 3,213 sq ft
- Price/sq ft
- $202
- Building area
- 4,404 sq ft (Public Records)
- Lot size
- 57,700 sq ft
- Lot category
- 1 to less than 2
- Flood zone
- X (12105C0301G)
- Garage
- 2 spaces
- Pool
- Private pool
- Annual taxes
- $3,519 (2025)
- Parcel #
- 23-27-22-000000-012030
- Zoning
- RC
- MLS #
- L4958649
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Interior Details
- Bedrooms
- 4
- Full bathrooms
- 3
- Half bathrooms
- 1
- Flooring
- Carpet, Laminate, Tile, Wood
- Appliances
- Built-In Oven, Cooktop, Dishwasher, Microwave, Refrigerator
- Interior features
- Ceiling Fans(s), Crown Molding, PrimaryBedroom Upstairs, Solid Wood Cabinets, Walk-In Closet(s)
- Laundry
- Inside, Laundry Room
- Stories / Levels
- Two
- Direction faces
- South
Heating & Cooling
- Heating
- Central, Zoned
- Cooling
- Central Air, Zoned
Parking
- Garage spaces
- 2
- Attached garage
- Yes
- Parking features
- Circular Driveway, Driveway, Garage Door Opener, Garage Faces Side, Ground Level, Other
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
- Additional lease restrictions
- Buyer or buyer's agent are advised to obtain answers to specific questions regarding leasing restrictions with the appropriate government entity (Polk County).
Exterior & Construction
- Exterior features
- Lighting, Private Entrance, Private Mailbox
- Construction materials
- Brick, Stucco, Frame
- Roof
- Shingle
- Foundation
- Slab
- Pool
- Private pool
- Water view
- Yes
- Road surface
- Asphalt, Paved
Utilities
- Sewer
- Septic Tank
- Water source
- Public, Well
- Utilities
- Cable Connected, Electricity Connected, Phone Available, Sprinkler Well, Water Connected
Community
- Pets allowed
- Cats OK, Dogs OK, Yes
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | 14x24 |
| Kitchen | First | 19x12 |
| Dining Room | First | 16x11 |
| Dinette | First | 9x9 |
| Primary Bedroom | Second | 19x16 |
| Bedroom 2 | Second | 12x13 |
| Bedroom 3 | Second | 13x14 |
| Bonus Room | Third | 24x18 |
| Primary Bathroom | Second | 10x14 |
| Laundry | Third | 8x9 |
Listing Details
- Listing date
- 2026-01-20
- On market date
- 2026-01-22
- Original list price
- $665,000
- Occupant type
- Vacant
- MLS area
- 33810 - Lakeland
- Listing AOR
- Lakeland
- Status changed
- 2026-07-09
- Tax legal description
- BEG SE COR OF NE1/4 RUN W 175 FT N 297 FT E 175 FT S 297 FT TO POB LESS MAINT R/W FOR MAGNOLIA LN & BEG SE COR OF NE1/4 RUN W 175 FT FOR POB W 237 FT N 185.11 FT E 237 FT S 185.11 FT TO POB LESS MAINT R/W FOR MAGNOLIA LN & BEG SE COR OF NE1/4 RUN N 2 97 FT TO POB W 175 FT N 33 FT E 175 FT S 33 FT TO POB & PARCEL 1 OF SILVER LAKES REPLAT AS REC IN PB 97 PGS 19 & 20 LESS COMM SE COR OF NE1/4 OF SD SEC 22 W ALONG S LINE 231.30 FT TO POB N11-13-10E 73.32 FT N 13-10-30E 45.92 FT N29-00-00E 28.12 FT N3 6-15-10E 21.20 FT N 02-20-50W 172 FT TO SWLY R/W OF RE'S CIRCLE S45-18-34W ALONG SD R/W LINE 90.43 FT TO BEG OF CURVE SWLY ALONG SD R/W 178.38 FT S 197.55 FT TO SD S LINE E ALONG SD S LINE 180.70 FT TO POB
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Starting at the intersection of US Hwy 98 & W Daughtery Rd. Take W Daughtery Rd West and continue straight to Magnolia Lane. The property will be the first home on your right, once the road shifts from W Daughtery Rd to Magnolia Lane.
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Listing provided by Stellar MLS
Listings courtesy of Stellar MLS as distributed by MLS GRID
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.
Based on information submitted to the MLS GRID as of July 22, 2026 at 9:42 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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