775 ILAKEE AVENUE
LAKE ALFRED, FL 33850
About this home
Virtually Staged. 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.
Facts & features
Interior
- Bedrooms
- 6
- Bathrooms
- 8
- Living area
- 7,035 sqft
- Heating
- Central, Electric
- Cooling
- Central Air
- Flooring
- Carpet, Ceramic Tile, Laminate
- Features
- Ceiling Fans(s), Primary Bedroom Main Floor, Split Bedroom, Walk-In Closet(s)
- Appliances
- Built-In Oven, Dishwasher, Dryer, Electric Water Heater, Ice Maker, Range…
Exterior & lot
- Lot size
- 83,300 sqft (1.91 ac)
- Pool
- Yes
- Waterfront
- Yes
- Roof
- Membrane, Metal
- Construction
- Block, Stucco
- Exterior
- Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters, Sliding Doors
Parking
- Garage
- 4 spaces
Financial
- Annual tax
- $10,282 (2025)
- Price / sqft
- $174/sqft
Utilities
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Connected, Electricity Connected, Propane, Sewer Connected, Water Connected
Property
- Property type
- Single Family
- Year built
- 1954
- Subdivision
- N/A
- County
- Polk
Assigned schools
- Elementary
- Lake Alfred Elem
- Middle
- Stambaugh Middle
- High
- Auburndale High School
Listing
- Status
- Active
- Days on market
- 41 days
- MLS #
- MFR789277079
- Source
- Stellar MLS
Listed by Michael Stone · THE STONES REAL ESTATE FIRM
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
Based on 27 comparable sales within 3 miles of LAKE ALFRED, FL, this home is priced under RENA ValiQ.
Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $6,520/mo
- Property tax
- $817/mo
- Home insurance
- $200/mo
Tax, insurance and HOA are editable estimates with Florida-typical defaults — Florida homeowners insurance in particular varies widely by location and elevation. Confirm exact figures with a lender and insurer.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Aug 3, 2026 | Price reduced | $1,225,000 | −$25,000 |
| Jun 23, 2026 | Listed | $1,250,000 | — |
NeighbourhoodSample data
Reference scores for LAKE ALFRED, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.
Location
Frequently asked questions
What would 775 ILAKEE AVENUE, LAKE ALFRED cost per month?
About $7,664 a month: $6,194 principal and interest, $857 property tax, $613 insurance. That assumes 20% down at 6.5% over 30 years.
Is 775 ILAKEE AVENUE, LAKE ALFRED priced fairly?
Comparable sales nearby put it between $1,105,691 and $1,272,139, with $1,188,915 in the middle. That is from 3 properties of the same type and size within three miles, at a median of $169 a square foot.
How does 775 ILAKEE AVENUE, LAKE ALFRED compare to nearby homes?
3 comparable properties within three miles. The nearest: 501 ADAMS BARN ROAD, AUBURNDALE, FL at $3,750,000, 9,222 sq ft, 2.11 miles away; 232 MAGNETA LOOP, AUBURNDALE, FL at $789,000, 5,224 sq ft, 2.28 miles away; 2010 8TH STREET, WINTER HAVEN, FL at $1,550,000, 9,163 sq ft, 2.75 miles away.
How long has 775 ILAKEE AVENUE, LAKE ALFRED been on the market?
41 days on the market.
Has the price of 775 ILAKEE AVENUE, LAKE ALFRED changed?
It has gone down from $1,250,000 to $1,225,000, a change of -2%.
How big is 775 ILAKEE AVENUE, LAKE ALFRED?
6 bed, 8 bath, 7,035 square feet. That is $174 a square foot.
What year was 775 ILAKEE AVENUE, LAKE ALFRED built?
Built in 1954.
What is the HOA fee at 775 ILAKEE AVENUE, LAKE ALFRED?
The feed lists no association fee for this property.
What are the property taxes at 775 ILAKEE AVENUE, LAKE ALFRED?
Property tax works out to about $857 a month, $10,282 a year.
Is 775 ILAKEE AVENUE, LAKE ALFRED still available?
It is still on the market.
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