$1,250,000
775 Ilakee Avenue
Lake Alfred, FL 33850
Listing updated: July 18, 2026 at 9:56 AM ET
Listing courtesy of The Stones Real Estate Firm · Michael Stone · MLS #L4961526 · Active · 863-412-2080Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
Hidden at the end of a quiet street on the shores of Lake Cummings, this legacy estate offers over 7,000 sqft of living space, more than 9,800 sqft under roof, 1,200 sqft of garage space, and over 1 acre of private land with breathtaking western sunset views. The thoughtfully crafted floor plan offers expansive gathering spaces while maintaining comfort and privacy. A formal living room showcases a wall of windows framing panoramic lake views, filling the home with natural light. The oversized kitchen is the heart of the home, with abundant storage, prep and serving space, a full size refrigerator and freezer, and ice maker—ideal for both intimate dinners and large celebrations. The private primary suite is a true retreat with tranquil lake views, a dressing area, dual walk-in closets, and a spa-inspired bath with dual vanities and an oversized sunken walk-in shower. Four additional bedrooms provide exceptional accommodations for guests. A standout celebration/pool room with tongue and groove walls, an upper loft, bedroom, bathroom, kitchen, and laundry expands the living space into its own entertainment venue for parties, game nights, or holiday gatherings—all while the main residence stays a peaceful retreat. Outside, the covered lanai is an outdoor living pavilion with soaring wood ceilings, a commercial-style outdoor kitchen with built-in grill, and expansive dining and lounge areas leading to a screened pool and spa. A dedicated screened potting and garden area overlooks the lake. Lake Cummings offers boating, fishing, and even seaplane accessibility. Nearly one acre of land allows room to enjoy the outdoors while maintaining exceptional privacy. Additional highlights: 1,200+ sqft of garage/storage space, circular driveway, whole-house Generac generator, abundant storage, and no HOA. Located in Lake Alfred, Polk County, along the I-4 corridor—one of Florida's fastest-growing regions, with the county adding nearly 25,000 residents in the past year and projected to near 1 million by 2030—this estate offers rare scale and lakefront acreage at approximately $179/sqft, well below comparable homes closer to Tampa and Orlando. Just 15 minutes to I-4, with both metro areas, major airports, shopping, dining, and healthcare within easy reach, this property is both a distinctive primary residence and a compelling long-term opportunity in a corridor still early in its growth curve. This is more than a luxury lakefront home—it's a private destination where sunsets become nightly events and every gathering becomes a cherished memory.
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 history25 days on market
- Status: ActiveJun 23, 2026
- Listed$1,250,000Jun 23, 2026
- Price increased$1,250,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 25
- Subdivision
- N/A
- County
- Polk
- Year built
- 1954
- Living area
- 7,035 sq ft
- Price/sq ft
- $178
- Building area
- 9,855 sq ft (Public Records)
- Lot size
- 83,300 sq ft
- Lot category
- 1 to less than 2
- Flood zone
- X (12105C0355G)
- Garage
- 4 spaces
- Pool
- Private pool
- Annual taxes
- $10,282 (2025)
- Parcel #
- 26-27-32-000000-044050
- Zoning
- R-1A
- MLS #
- L4961526
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Interior Details
- Bedrooms
- 6
- Full bathrooms
- 5
- Half bathrooms
- 3
- Flooring
- Carpet, Ceramic Tile, Laminate
- Appliances
- Built-In Oven, Dishwasher, Dryer, Electric Water Heater, Ice Maker, Range, Refrigerator, Washer
- Interior features
- Ceiling Fans(s), Primary Bedroom Main Floor, Split Bedroom, Walk-In Closet(s)
- Laundry
- Inside, Laundry Room
- Stories / Levels
- One
- Direction faces
- East
- In-law suite
- Yes
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air
Parking
- Garage spaces
- 4
- Attached garage
- Yes
- Parking features
- Circular Driveway, Driveway, Garage Door Opener, Garage, Workshop in Garage
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 6 Months
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Must contact the City of Lake Alfred to confirm all pet rules and restrictions.
Exterior & Construction
- Exterior features
- Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters, Sliding Doors
- Construction materials
- Block, Stucco
- Roof
- Membrane, Metal
- Foundation
- Slab
- Pool
- Private pool
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Electricity Connected, Propane, Sewer Connected, Water 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 |
|---|---|---|
| Family Room | First | 19x28 |
| Living Room | First | 15x31 |
| Dining Room | First | 15x21 |
| Kitchen | First | 22x29 |
| Office | First | 15x19 |
| Bonus Room | First | 20x25 |
| Primary Bedroom | First | 15x18 |
| Primary Bathroom | First | 10x10 |
| Bedroom 2 | First | 12x25 |
| Bathroom 2 | First | 7x7 |
| Bedroom 3 | First | 12x15 |
| Bathroom 3 | First | 6x10 |
| Bedroom 4 | First | 10x12 |
| Bedroom 5 | First | 10x13 |
| Bathroom 4 | First | 9x12 |
Listing Details
- Listing date
- 2026-06-23
- On market date
- 2026-06-23
- Original list price
- $1,250,000
- Occupant type
- Vacant
- MLS area
- 33850 - Lake Alfred
- Listing AOR
- Lakeland
- Status changed
- 2026-06-23
- Tax legal description
- BEG SW COR OF SEC RUN E 611.70 FT TO POINT ON CURVE NWLY ALONG CURVE 170.30 FT S 80 DEG 51 MIN 50 SEC W 602.98 FT S 73.55 FT TO POB & SLY 15 FT OF FOLL DESC PCL: BEG AT SW COR OF SEC RUN E 611.7 FT TO PT 14.55 FT N OF PT OF CURVE WITH RADIUS 969.94 F T NWLY ALONG CURVE IN R/W 170.3 FT TO POB CONT NWLY ALONG CURVE 161.4 FT S 68 DEG 06 MIN 15 SEC W 130.61 FT S 81 DEG 30 MIN 20 SEC W 436.32 FT TO W LINE OF SEC AT A POINT 207.78 FT N OF SW COR OF SEC S 138.07 FT N 80 DEG 51 MIN 50 SEC E 602.98 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
Take Hwy 27 to Hwy 17-92 - Hwy 17-92 west to Lake Alfred - Right on W Cummings - Left on S Ilakee Ave - Home is at the end on your right
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 18, 2026 at 9:56 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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