775 S Ilakee Ave, photo 1
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Overview

6 bd8 ba7,035 sqft4 car garageSingle Family
TypeSingle Family
HOANone listed
Built1954
Lot83,300 sqft
Living area7,035 sqft
Price / sqft$167
Garage4 car

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About this home

Ceiling Fans(s)Primary Bedroom Main FloorSplit BedroomWalk-in Closet(s)Outdoor GrillOutdoor KitchenOutdoor ShowerRain Gutters

775 S Ilakee Ave is a 1954-built home in N/A, Lake Alfred. Inside you'll find 6 bedrooms, 8 bathrooms, and 7,035 square feet of living space. Listed at $1,175,000 (about $167/sqft), 113 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

Virtually Staged. 7000+ SQFT LAKEFRONT HOME WITH NO HOA: Lakefront and offering more than 7,000 square feet of living space, this expansive residence is privately positioned at the end of a quiet cul-de-sac on more than an acre along the shores of Lake Cummings. With over 9,800 square feet under roof, including more than 1,200 square feet of garage and storage space, the property offers an unusual amount of room and flexibility for multi-generational living, extended family, guests and entertaining. Its private lakefront setting, generous grounds and Central Florida location between Tampa and Orlando also present an intriguing opportunity for the seaplane enthusiast seeking a waterfront home base. Inside, expansive gathering spaces are balanced by distinct areas that allow family and guests to spread out comfortably. The formal living room is defined by a wall of windows overlooking the lake, filling the space with natural light and capturing broad water and sunset views. An oversized kitchen provides abundant cabinetry, storage and preparation space, along with a full-size refrigerator and freezer and dedicated ice maker, making it well suited for both everyday use and larger gatherings. The primary suite is positioned as a private retreat with lake views, a dressing area, dual walk-in closets and a spacious bath with dual vanities and an oversized sunken walk-in shower. Four additional bedrooms provide considerable flexibility for family, guests, home offices or extended stays. One of the home's most distinctive spaces is the separate celebration and pool room, an expansive entertainment area finished with tongue-and-groove walls and complemented by an upper loft, bedroom, full bathroom, kitchen and laundry. Its size and separation from the main living areas make it equally suited for large gatherings, recreation, overnight guests or an extended-family living arrangement. Outdoor living is centered around a substantial covered lanai with soaring wood ceilings and a commercial-style outdoor kitchen with built-in grill. Generous dining and lounge areas overlook the screened pool and spa, with the lake providing a natural backdrop beyond. Lake Cummings offers boating, fishing and seaplane accessibility, adding another dimension to the property. For an aviation enthusiast, the ability to arrive by water and maintain a private lakefront base creates possibilities rarely found in a residence of this scale. Extensive parking and garage space further complement that use without defining the property solely around aviation. Additional features include a circular driveway, whole-house Generac generator, abundant storage, screened garden and potting area, no HOA and a secluded end-of-road setting. Located in Lake Alfred approximately 15 minutes from I-4, the property is well positioned for access to Winter Haven, Lakeland and the greater Tampa and Orlando areas, including major airports, shopping, dining and healthcare. Ultimately, it is the combination of scale, privacy and flexibility that distinguishes the property: more than an acre of lakefront land, approximately 7,000 square feet of living space and a floor plan capable of accommodating multiple generations, frequent guests and large gatherings without sacrificing privacy. Add direct access to a private lake and the possibility of arriving home by seaplane, and the property offers a distinctly different approach to Central Florida lakefront living.

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The essentials

Built
1954
Price / sqft
$167
On market
113 days
Annual tax
$10,282
Flood zone
X · Low risk
Lot
83,300 sqft
Type
Single Family Residence

At a glance

Single family
Built 1954
Waterfront
Lake Front
Private pool
Gunite
4 car garage
Circular Driveway
1.91 acres
Lot size

Payment

Est. monthly payment
$7,572/mo
Down payment (20%)
$235,000
Property taxes
$857/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1954
Lot
83,300 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
Circular Driveway, Driveway, Garage Door Opener, Garage, Workshop in Garage
Pool
Gunite, In Ground
Waterfront
Lake Front
Days on Market
113
Ceiling Fans(s)
Primary Bedroom Main Floor
Split Bedroom
Walk-in Closet(s)
Outdoor Grill
Outdoor Kitchen
Outdoor Shower
Rain Gutters
Built-in Oven
Dishwasher
Dryer
Electric Water Heater
Ice Maker
Range
Refrigerator
Washer
Elementary
Lake Alfred Elem
Middle
Stambaugh Middle
High
Auburndale High School

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on file Flood Zone X
Annual Tax (2025)
$10,282
Parcel #
26-27-32-000000-044050

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
N/A
County
Polk
MLS Area
33850 - Lake Alfred
Lot Size
83,300 sqft
City LimitsOversized LotStreet Dead-End

Price history

Date
Event
Price
10/1/2026
Price change
Source: Stellar MLS #L4961526
$1,175,000-4.1%
$167/sqft
-
Price change
Source: Stellar MLS #L4961526
$1,225,000-2.0%
$174/sqft
6/23/2026
Listed for sale
Source: Stellar MLS #L4961526
$1,250,000
$178/sqft

Neighborhood

775 S Ilakee Ave
Lake Alfred, FL, 33850 · 33850 - Lake Alfred

Market insights

Offer Insights

Choose an offer strength

List price: $1,175,000
$1.17M – $1.18M
99.5% – 100% of listTops out right at the list price
80% of listList price
59 of the last 100 home closings in 33850 landed at this number or higher (59%). The median one sat 59 days before it went under contract, and this one is on day 113 after a $75,000 cut.

Sample: 100 closed home sales in 33850 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$7,572/mo
Principal & interest$6,128
Property taxes$857
Insurance$588
Down payment20% · $235,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$1,175,000

$167 per sq ft

Beds and baths

6 beds, 8 baths

Size

7,035 sq ft

Time on market

113 days

Year built

1954

Monthly payment

About $7,572/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $10,282 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

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Brokered byTHE STONES REAL ESTATE FIRMListing agent: Michael StoneListing data from Stellar MLS, MLS# L4961526.

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