
$749,900
2731 State Road 557
Lake Alfred, FL 33850
Listing updated: May 22, 2026 at 6:52 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Day on market
Garage spaces
Flood zone
About this home
Experience the kind of lakefront living that rarely becomes available — over 150 feet of direct frontage on Lake Gum, more than 1.2 acres of land, a private dock, detached workshop, and breathtaking sunset views all wrapped into one incredible property. From the moment you arrive at 2731 State Road 557, the setting immediately stands out with its expansive lawn, long driveway, mature landscaping, and commanding lake views stretching across the backyard. Designed for both everyday living and entertaining, this custom home offers 4 bedrooms, 3 full bathrooms, multiple living spaces, and a layout that captures the beauty of the lake from throughout the home. The family room is filled with character featuring exposed wood beams, rich brick accents, a wood-burning fireplace, and large sliding glass doors that frame the water beyond. The kitchen offers wood cabinetry, granite countertops, stainless steel appliances, and generous prep and storage space while opening naturally into the main living areas. One of the standout features of the property is the massive screened-in back porch overlooking the lake — an incredible space for entertaining, relaxing, or simply taking in the peaceful waterfront setting and spectacular sunset views that paint the sky across Lake Gum in the evenings. Just beyond the porch sits your private dock with covered seating, creating the ultimate setup for boating, fishing, sunset cruises, or enjoying the true Florida lake lifestyle. The property also includes a large detached garage/workshop that provides endless flexibility for hobbies, storage, lake toys, vehicles, RVs, boats, or even a potential workshop space. The oversized lot offers an incredible amount of usable yard space rarely found on lakefront homes, creating room to spread out and fully enjoy the property. Additional features include a whole-house generator, spacious indoor living areas, a bonus/game room, a 2-car attached garage, and ample parking for guests and recreational vehicles. Conveniently located near Interstate 4, this property offers easy access to both Tampa and Orlando while still maintaining the privacy and tranquility of lakefront living. Properties offering this combination of acreage, true lake frontage, usable outdoor space, private dock, detached workshop, and convenient Central Florida location rarely become available. This is more than just a home — it is a lifestyle property built around space, privacy, and waterfront living.
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 history1 days on market
- Status: ActiveMay 21, 2026
- Listed$749,900May 21, 2026
- Price increased$749,900
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 1
- Cumulative DOM
- 364
- Subdivision
- Lake Gum Estates
- County
- Polk
- Year built
- 1978
- Living area
- 3,269 sq ft
- Price/sq ft
- $229
- Building area
- 3,962 sq ft (Public Records)
- Lot size
- 52,825 sq ft
- Lot category
- 1 to less than 2
- Flood zone
- X,AE
- Garage
- 4 spaces
- Annual taxes
- $6,325 (2025)
- Parcel #
- 26-27-17-000000-041010
- Zoning
- RC
- MLS #
- L4962081
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Interior Details
- Bedrooms
- 4
- Full bathrooms
- 3
- Flooring
- Carpet, Tile, Wood
- Appliances
- Dishwasher, Dryer, Range, Washer
- Interior features
- Ceiling Fans(s), Eat-in Kitchen, PrimaryBedroom Upstairs, Solid Surface Counters
- Laundry
- Inside
- Stories / Levels
- Two
- Direction faces
- West
- Fireplace
- Yes
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 4
- Attached garage
- Yes
- Parking features
- Circular Driveway, Driveway, Garage Door Opener
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Cash, Conventional, FHA, USDA Loan, VA Loan
- Ownership
- Fee Simple
- Available for lease
- No
Exterior & Construction
- Exterior features
- Lighting, Private Mailbox
- Construction materials
- Brick
- Roof
- Shingle
- Foundation
- Slab
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Septic Tank
- Water source
- Public
- Utilities
- Electricity Connected
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | 32x15 |
| Dining Room | First | 17x11 |
| Family Room | First | 27x18 |
| Kitchen | First | 12x12 |
| Primary Bedroom | First | 22x13 |
| Bedroom 2 | Second | 11x11 |
| Bedroom 3 | Second | 10x11 |
| Bedroom 4 | Second | 22x11 |
| Bonus Room | First | 29x19 |
Listing Details
- Listing date
- 2026-05-21
- On market date
- 2026-05-21
- Original list price
- $749,900
- Occupant type
- Vacant
- MLS area
- 33850 - Lake Alfred
- Listing AOR
- Lakeland
- Status changed
- 2026-05-21
- Tax legal description
- BEG 1716.63 FT E & 2707.66 FT S OF NW COR OF SEC "ON E R/W OF SR 557 RUN S 01 DEG 22' 20"" E ALONG" "R/W 150 FT S 69 DEG 39' 38"" E 468.26 FT M/L TO" LAKE NLY ALONG LAKE 100 FT M/L TO A PT S 64 DEG "57' 11"" E OF POB RUN N 64 DEG 57' 11"" W 496.80 FT " M/L TO POB BEING LOT 8 OF UNREC LAKE GUM ESTATES & THAT PART OF LOT 7 UNREC LAKE GUM ESTATES DESC AS: ON E R/W OF SR 557 S 65-31-50E 286 FT S68-59-30E 145 FT M/L TO WATERS OF LAKE GUM SLY ALONG WATERS OF LAKE GUM 17.5 FT M/L TO INTER WITH LINE S64- 57-11E FROM POB N64-57-11W 442 FT M/L TO POB
Flood risk
See FEMA for this zone’s designation and insurance requirements.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From I-4. Head south on SR 557. Home is on your left.
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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 May 22, 2026 at 6:52 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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