775 Ilakee Avenue, FL775 Ilakee Avenue, FL775 Ilakee Avenue, FL
Stellar MLS
1 / 89

$1,225,000

775 Ilakee Avenue

Lake Alfred, FL 33850

Listing updated: August 28, 2026 at 6:35 AM ET

Active
Stellar MLSListing courtesy of The Stones Real Estate Firm · Michael Stone · MLS #L4961526 · Active · 863-412-2080
6
Beds
8
Baths
7,035
Sq Ft
1.91
Acres
1954
Built
WaterfrontWater accessPrivate poolIn-law suite4-car garage1.91 acres$174/sqft
Single Family Residence

Property type

1954

Year built

83,300 sqft

Lot size

$174

Price / sq ft

No HOA

HOA dues

66

Days on market

4

Garage spaces

X

Flood zone

About this home

Virtually Staged. Hidden at the end of a quiet cul-de-sac on the shores of private Lake Cummings, this extraordinary estate offers a rare opportunity to create a private Central Florida seaplane retreat, gathering place, or lakefront home base. With no HOA, direct lake access, exceptional privacy, and a strategic location between Tampa and Orlando, the possibilities are compelling. Offering 7,000+ sqft of living space, 9,800+ sqft under roof, 1,200+ sqft of garage/storage space, and over an acre of private lakefront land, the estate is designed for both everyday living and memorable gatherings. For the seaplane enthusiast, imagine arriving home on the water, hosting fellow pilots for fly-in gatherings, or establishing a private lakefront base in the heart of Florida. Expansive gathering spaces are balanced by comfortable private retreats. A formal living room features a wall of windows framing panoramic lake and sunset views. The oversized kitchen is built to accommodate a crowd with abundant storage and prep space, full-size refrigerator and freezer, and ice maker—ideal for entertaining family, friends, or aviation groups. The private primary suite enjoys lake views, a dressing area, dual walk-in closets, and spa-inspired bath with dual vanities and an oversized sunken walk-in shower. Four additional bedrooms provide accommodations for family, guests, or visiting pilots. A standout celebration/pool room creates an entertainment venue of its own with tongue-and-groove walls, upper loft, bedroom, bathroom, kitchen, and laundry—perfect for parties, game nights, pilot meetups, club gatherings, or overnight guests while the main residence remains a peaceful retreat. Outside, a covered lanai with soaring wood ceilings features a commercial-style outdoor kitchen, built-in grill, and expansive dining and lounge areas overlooking the screened pool, spa, and lake. Lake Cummings offers boating, fishing, and seaplane accessibility. The secluded end-of-road setting, private lake, no HOA, generous grounds, extensive parking, oversized garage/storage, guest accommodations, and impressive entertaining spaces create intriguing possibilities for a seaplane owner, aviation group, or investor seeking a distinctive Central Florida property. Additional highlights include a circular driveway, whole-house Generac generator, abundant storage, and screened garden/potting area. Located in Lake Alfred just 15 minutes from I-4, the estate provides convenient access to Lakeland, Winter Haven, Orlando, Tampa, major airports, shopping, dining, and healthcare. At approximately $179/sqft, this property offers remarkable scale, waterfront acreage, privacy, and versatility. More than a luxury lakefront residence, it has the potential to become a true Central Florida seaplane home base—a place to land, gather, entertain, stay, and enjoy Florida lakefront living from an entirely different perspective.

Estimated monthly payment

Principal & interest$6,194
Property taxes$857
Home insurance (est.)$561

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 history66 days on market

  1. Status: Active
    Jun 23, 2026
  2. Listed$1,250,000
    Jun 23, 2026
  3. Price reduced$1,225,000

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
66
Subdivision
N/A
County
Polk
Year built
1954
Living area
7,035 sq ft
Price/sq ft
$174
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
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

ElementaryLake Alfred ElemGreatSchools ↗
MiddleStambaugh MiddleGreatSchools ↗
High SchoolAuburndale High SchoolGreatSchools ↗

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

RoomLevelDimensions
Family RoomFirst19x28
Living RoomFirst15x31
Dining RoomFirst15x21
KitchenFirst22x29
OfficeFirst15x19
Bonus RoomFirst20x25
Primary BedroomFirst15x18
Primary BathroomFirst10x10
Bedroom 2First12x25
Bathroom 2First7x7
Bedroom 3First12x15
Bathroom 3First6x10
Bedroom 4First10x12
Bedroom 5First10x13
Bathroom 4First9x12

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 riskFEMA Zone XPanel 12105C0355G

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

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Based on information submitted to the MLS GRID as of August 28, 2026 at 6:35 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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