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Overview

3 bd2 ba1,574 sqft2 car garageSingle Family
TypeSingle Family
HOA$700/yr
Built2020
Lot7,200 sqft
Living area1,574 sqft
Price / sqft$197
Garage2 car

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

About this home

Ceiling Fans(s)RangeRefrigerator

308 Water Lily Ln is a 2020-built home in Water Edge At The Lakes, Lake Alfred. Inside you'll find 3 bedrooms, 2 bathrooms, and 1,574 square feet of living space. Listed at $309,900 (about $197/sqft), 31 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $700 annually.

From the listing

Welcome to your modern sanctuary at 308 Water Lily Lane, where sustainable living meets incredible value. This beautiful Lake Alfred home offers a rare and significant financial advantage: fully **PAID solar panels**. Imagine moving in and saying goodbye to high utility costs the monthly electric bill here is incredibly low, often hovering near zero. We encourage you to ask for the average monthly statements to see the savings for yourself. The interior is designed for easy living, but the backyard is the true showstopper. In a newer development, finding this level of seclusion is a rarity. The property is preserved with stunning mature trees and lush views, and because the land directly behind the home is non-buildable, your natural backdrop and privacy are protected for the long term. Coupled with remarkably low HOA fees, this home offers a budget-friendly way to enjoy a more private retreat. Location is everything, and you are perfectly positioned for both convenience and adventure. Commuting is a breeze with quick access to US 17/92 and I-4, putting you just about 40 minutes away from the magic of Walt Disney World. For those who love the local flavor, you are minutes from the charm of The Barn Antiques and the unique finds at Heavenly Honey Amish Warehouse. Outdoor enthusiasts will find their paradise here. Spend your weekends exploring the scenic TECO Auburndale Trail visiting the breathtaking Mackay Gardens and Lakeside Preserve, or catching some air at the nearby Elite Cable Park. Whether you are looking for a quiet sanctuary or a central hub close to world-class attractions, this home delivers it all. Don’t miss the chance to own a home that truly pays you back. Schedule your showing today!

The essentials

Built
2020
Price / sqft
$197
On market
31 days
Annual tax
$2,396
HOA
$700/yr
Flood zone
X · Low risk
Lot
7,200 sqft
Type
Single Family Residence

At a glance

Single family
Built 2020
2 car garage
7,200 sqft lot
Lot size
1,574 sqft
Living area

Payment

Est. monthly payment
$2,029/mo
Down payment (20%)
$61,980
Property taxes
$200/mo
HOA
$700/yr
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
2020
Lot
7,200 sqft
Cooling
Central Air
Heating
Central
Parking
-
Days on Market
31
Ceiling Fans(s)
Range
Refrigerator
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 (2026)
$2,396
Parcel #
26-28-04-522755-000220 PARCEL ID FORMAT

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
Water Edge At The Lakes
County
Polk
MLS Area
33850 - Lake Alfred
Lot Size
7,200 sqft
HOA
$700/yr
Highland Community Management/ Niki Johnson

Price history

Date
Event
Price
9/9/2026
Listed for sale
Source: Stellar MLS #L4964935
$309,900
$197/sqft

Neighborhood

308 Water Lily Ln
Lake Alfred, FL, 33850 · 33850 - Lake Alfred

Market insights

Offer Insights

Choose an offer strength

List price: $309,900
$307,500 – $309,900
99.5% – 100% of listTops out right at the list price
80% of listList price
60 of the last 101 home closings in 33850 landed at this number or higher (59%). The median one sat 64 days before it went under contract, and this one is on day 31.

Sample: 101 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
$2,029/mo
Principal & interest$1,616
Property taxes$200
Insurance$155
HOA$58
Down payment20% · $61,980
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

$309,900

$197 per sq ft

Beds and baths

3 beds, 2 baths

Size

1,574 sq ft

Time on market

31 days

Year built

2020

Monthly payment

About $2,029/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,396 annual tax bill, insurance, and the $700/yr HOA fee.

HOA fee

$700/yr

Managed by Highland Community Management/ Niki Johnson.

Flood zone

Zone X

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

Offer

What should I offer?

Have another question?

Brokered byCOLDWELL BANKER REALTYListing agent: Yolanda FloydListing data from Stellar MLS, MLS# L4964935.

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