775 Ilakee Avenue, FL775 Ilakee Avenue, FL775 Ilakee Avenue, FL
Stellar MLS
1 / 80

$1,250,000

775 Ilakee Avenue

Lake Alfred, FL 33850

Listing updated: June 23, 2026 at 4:53 PM 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$178/sqft
Single Family Residence

Property type

1954

Year built

83,300 sqft

Lot size

$178

Price / sq ft

No HOA

HOA dues

0

Days on market

4

Garage spaces

X

Flood zone

About this home

Hidden at the end of a quiet street along the tranquil shores of Lake Cummings, this extraordinary legacy estate offers over 7,000 square feet of sprawling lakefront living, more than 9,800 sqft under roof, 1200 sqft of garage space and over 1 acre of private land with breathtaking western sunset views. Designed with generations in mind, the thoughtfully crafted floor plan offers expansive gathering spaces while maintaining the comfort and privacy of everyday living. A spectacular formal living room showcases an impressive wall of windows framing panoramic views of the lake, filling the home with natural light and unforgettable sunsets. The oversized kitchen was designed to be the heart of the home with abundant storage, prep and serving space, a full size refrigerator and freezer, ice maker, making it ideal for both intimate family dinners and large celebrations. The private primary suite is a true retreat featuring tranquil lake views, dressing area, dual walk-in closets, and a spa-inspired bath complete with dual vanities and an oversized sunken walk-in shower. Four additional guest bedrooms provide exceptional accommodations for family and overnight guests. One of the estate's most unique features is the celebration/pool room with stunning tongue and groove walls, an upper loft, bedroom, bathroom, kitchen and laundry, expanding the home's living area while creating an entertainment venue perfect for hosting parties, poker nights, football watch parties, holiday gatherings or garden parties—all while the main residence remains a peaceful retreat. This incredible space offers endless possibilities and was designed to create lifelong memories. Step outside and discover your own private resort. The enormous covered lanai is more than a patio—it's an outdoor living pavilion featuring soaring wood ceilings, a commercial-style outdoor kitchen with built-in grill, expansive dining and lounge areas, and effortless access to the spectacular screened pool and spa. Garden enthusiasts will fall in love with the dedicated screened potting and garden area, providing the perfect environment to grow vegetables, herbs, flowers year-round while enjoying peaceful views of the lake. Whether your passion is gardening, entertaining, or simply relaxing outdoors, every inch of this property has been thoughtfully designed to celebrate the Florida lifestyle. For lake lovers, Lake Cummings offers boating, fishing and even seaplane accessibility, making every day feel like a vacation. With nearly one acre of land, there is plenty of room to enjoy the outdoors while still maintaining exceptional privacy. Additional highlights include over 1200 sqft of garage/storage space, potting area, circular driveway, whole-house Generac generator, abundant storage throughout, and the freedom of no HOA. Located in the charming town of Lake Alfred, you'll enjoy the warmth of small-town living while remaining just 15 minutes from Interstate 4, placing both Tampa and Orlando, major airports, world-class attractions, shopping, dining, and healthcare within easy reach. This is more than a luxury lakefront home—it's a private destination where holidays become traditions, sunsets become nightly events, and every gathering becomes a cherished memory.

Local Insight

At $178/sqft for a 1954 waterfront home on 1.91 acres with an in-law suite and pool, you're getting substantial land and flexibility for that price point—but the age and condition of the structure matter heavily here, and you'll want a thorough inspection since older waterfront homes in central Florida often carry hidden foundation or water damage costs. The real trade-off is location: you're in a quiet, non-gated part of Lake Alfred away from the resort-style Water Ridge community, so you're buying acreage and privacy rather than amenities, which appeals to different buyers than those seeking HOA perks or active community infrastructure.

AI-generated insight based on listing data and neighborhood context. Verify independently.

Estimated monthly payment

Principal & interest$6,321
Property taxes$857
Home insurance (est.)$573

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 history0 days on market

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

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
0
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

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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MLS GRID

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 June 23, 2026 at 4:53 PM 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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