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Overview

4 bd2 ba1,990 sqft2 car garageSingle Family
TypeSingle Family
HOA$50/qtr
Built2006
Lot14,893 sqft
Living area1,990 sqft
Price / sqft$236
Garage2 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)IN Wall Pest SystemOpen FloorplanPrimary Bedroom Main FloorStone CountersVaulted Ceiling(s)Walk-in Closet(s)Dishwasher

4123 Island Lakes Dr is a 2006-built home in Island Lakes, Winter Haven. Inside you'll find 4 bedrooms, 2 bathrooms, and 1,990 square feet of living space. Listed at $470,000 (about $236/sqft), 73 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $50 quarterly.

From the listing

CHAIN OF LAKES LAKEFRONT LIVING on Lake Rochelle! Welcome to Island Lakes, where everyday life feels like a vacation. Located on the highly desirable Winter Haven Chain of Lakes, this beautifully updated home offers the ultimate waterfront lifestyle—boating, sunset cruising, and lakefront dining right from your own backyard. This 4-bedroom, 2-bath home is designed for both comfort and entertaining, featuring an open floorplan with stunning lake views from the main living areas. The spacious great room is filled with natural light, showcasing soaring ceilings, plant shelves, and an expansive sliding glass door that seamlessly blends indoor and outdoor living. The updated kitchen is both stylish and functional, complete with new cabinetry, solid surface countertops, stainless steel appliances, a full tile backsplash, breakfast bar, and a cozy eat-in nook—all perfectly positioned to take in the water views. The primary suite has been beautifully renovated, featuring a sliding barn door leading to a spa-like bathroom with a walk-in glass and tile shower, dual vanities with stone countertops, and a large walk-in closet with built-ins and hidden storage. Step outside and experience true Florida living with a huge screened outdoor living space complete with a hot tub, perfect for relaxing evenings or entertaining guests year-round. Beyond that, enjoy your private dock with a covered boat lift and freshwater supply, ready for days on the Chain. A public boat ramp is just minutes away. This home also features $92,000 in solar panels, providing exceptional energy efficiency and long-term savings—keeping utility costs low while supporting a more sustainable lifestyle. Additional features include a fully fenced backyard, beautiful lake views, and a prime location near Hwy 27 and I-4 with easy access to Orlando, Disney, Lakeland, and Tampa. This is more than a home—it’s a true Chain of Lakes lifestyle with comfort, efficiency, and unforgettable views.

The essentials

Built
2006
Price / sqft
$236
On market
73 days
Annual tax
$5,328
HOA
$50/qtr
Flood zone
X · Low risk
Lot
14,893 sqft
Type
Single Family Residence

At a glance

Single family
Built 2006
Waterfront
Lake Front
2 car garage
0.34 acres
Lot size
1,990 sqft
Living area

Payment

Est. monthly payment
$3,147/mo
Down payment (20%)
$94,000
Property taxes
$444/mo
HOA
$50/qtr
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
2006
Lot
14,893 sqft
Cooling
Central Air
Heating
Central
Parking
-
Waterfront
Lake Front, Lake Privileges
Days on Market
73
Ceiling Fans(s)
IN Wall Pest System
Open Floorplan
Primary Bedroom Main Floor
Stone Counters
Vaulted Ceiling(s)
Walk-in Closet(s)
Dishwasher
Disposal
Dryer
Electric Water Heater
Microwave
Range
Refrigerator
Washer
Flood Zone X
Annual Tax (2025)
$5,328
Parcel #
26-28-09-530005-000490

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
Island Lakes
County
Polk
MLS Area
33881 - Winter Haven / Florence Villa
Lot Size
14,893 sqft
HOA
$50/qtr
Highlands Community Management

Price history

Date
Event
Price
7/30/2026
Listed for sale
Source: Stellar MLS #L4963924
$470,000
$236/sqft

Neighborhood

4123 Island Lakes Dr
Winter Haven, FL, 33881 · 33881 - Winter Haven / Florence Villa

Market insights

Offer Insights

Choose an offer strength

List price: $470,000
$467,500 – $470,000
99.5% – 100% of listTops out right at the list price
80% of listList price
164 of the last 267 home closings in 33881 landed at this number or higher (61%). The median one sat 41 days before it went under contract, and this one is on day 73.

Sample: 267 closed home sales in 33881 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$3,147/mo
Principal & interest$2,451
Property taxes$444
Insurance$235
HOA$17
Down payment20% · $94,000
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%. HOA is the fee reported on the listing. 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

$470,000

$236 per sq ft

Beds and baths

4 beds, 2 baths

Size

1,990 sq ft

Time on market

73 days

Year built

2006

Monthly payment

About $3,147/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $5,328 annual tax bill, insurance, and the $50/qtr HOA fee.

HOA fee

$50/qtr

Managed by Highlands Community Management.

Flood zone

Zone X

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

Offer

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Brokered byKELLER WILLIAMS REALTY SMART 1Listing agent: Michelle HowardListing data from Stellar MLS, MLS# L4963924.

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