$369,750
4271 Magnolia Drive
Indian Lake Estates, FL 33855
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
PRICE REDUCTION – PRICE REDUCTION – SELLER HIGHLY MOTIVATED Move-In Ready New Construction on Half Acre in Gated, Lake-Access Community Be the first to own this stunning brand-new 4-bedroom, 2.5-bath home offering 1,898 sq ft of thoughtfully designed living space on a spacious half-acre lot. Beautiful stone accents enhance the curb appeal, and the home is move-in ready with only minor finishing touches being completed. Located within the gated community, residents enjoy access to Lake Weohyakapka (Lake Walk-in-Water), a 7,500+ acre freshwater lake renowned for boating, jet skiing, and trophy largemouth bass fishing. Community amenities include a marina, private boat ramp, fishing dock, the longest freshwater fishing pier in Florida, an 18-hole golf course, a 23,000 sq ft clubhouse with activities, on-site restaurant, fitness room, tennis, pickleball, and basketball courts, plus year-round community events. Low HOA. No CDD. Approximately 60–75 minutes to Walt Disney World and convenient to Orlando and major highways. Whether you love boating, golfing, or simply soaking in Florida’s natural beauty, this home offers the perfect blend of relaxation and recreation. Don’t miss this move-in-ready gem. Schedule your private tour today.
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 history54 days on market
- Status: ActiveFeb 18, 2026
- Listed$385,000Feb 18, 2026
- Price reduced$369,750
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 54
- Subdivision
- Indian Lake Estates
- County
- Polk
- Year built
- 2026
- Living area
- 1,898 sq ft
- Price/sq ft
- $195
- Building area
- 2,521 sq ft (Owner)
- Lot size
- 21,802 sq ft
- Lot category
- 1/2 to less than 1
- Flood zone
- X
- Garage
- 2 spaces
- Annual taxes
- $149 (2025)
- Parcel #
- 29-31-12-994060-022223
- Zoning
- PUD
- MLS #
- O6383150
Interior Details
- Bedrooms
- 4
- Full bathrooms
- 2
- Half bathrooms
- 1
- Flooring
- Tile
- Appliances
- Cooktop, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator
- Interior features
- Attic Ventilator, Ceiling Fans(s), High Ceilings, Primary Bedroom Main Floor, Walk-In Closet(s)
- Laundry
- Inside, Laundry Room
- Stories / Levels
- One
- Direction faces
- North
- New construction
- Yes
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- Yes
HOA & Financial
- HOA fee
- $385 / Annually
- Monthly HOA
- $32/mo
- Total monthly fees
- $32/mo
- Total annual fees
- $385
- HOA name
- DEBORAH DONELLA
- CDD
- No
- Min lease term
- 6 Months
- Listing terms
- Cash, Conventional, FHA, USDA Loan, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
- Additional lease restrictions
- Buyers and buyer’s agents are responsible for verifying all leasing restrictions with the HOA. Please contact the HOA directly for current leasing guidelines and requirements.
Exterior & Construction
- Exterior features
- Private Entrance
- Construction materials
- Block, Concrete, Stone, Stucco
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Concrete
Utilities
- Sewer
- Septic Tank
- Water source
- Private, Well
- Utilities
- Electricity Connected
Community
- Pets allowed
- 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 |
|---|---|---|
| Primary Bedroom | First | 12x16 |
| Bedroom 2 | First | 11x12 |
| Bedroom 3 | First | 10x12 |
| Bedroom 4 | First | 10x12 |
| Great Room | First | 17x17 |
| Kitchen | First | 14x19 |
Listing Details
- Listing date
- 2026-02-16
- On market date
- 2026-02-18
- Original list price
- $385,000
- Occupant type
- Vacant
- MLS area
- 33855 - Indian Lake Estates/Lake Wales
- Listing AOR
- Orlando Regional
- Status changed
- 2026-02-18
- Tax legal description
- INDIAN LAKE ESTATES UNIT 6 PB 40 PG 41 BLK 222 LOT 23 SEC 12 31 29
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
From US-27, turn onto CR-630 E (toward Lake Wales). Continue approximately 13 miles to the entrance of Lake Estates. Turn right onto Park Avenue. Continue straight, then turn left onto Magnolia Drive. Property will be on the right at 4271 Magnolia Drive.
More homes like this
$10,000
Cr-630
Frostproof, FL 33843
0.52 acres
Indian Lake Estates
MLS# P4934076
$10,000
0 Oleander Dr
Indian Lake Estates, FL 33855
0.5 acres
Indian Lake Estates
MLS# L4960629
$11,000
113 Bougainville Dr
Indian Lake Estates, FL 33855
0.5 acres
Indian Lake Estates
MLS# L4954644
$11,500
1211 Pinnata Dr
Indian Lake Estates, FL 33855
0.5 acres
Indian Lake Estates
MLS# P4937903
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 April 13, 2026 at 8:05 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.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA