


$1,225,000
775 Ilakee Avenue
Lake Alfred, FL 33850
Listing updated: August 28, 2026 at 6:35 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
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
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
- Status: ActiveJun 23, 2026
- Listed$1,250,000Jun 23, 2026
- 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
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
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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 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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