$749,900
2731 State Road 557 Lake Alfred, FL 33850 - LAKE GUM
For Sale MLS# L4962081
4 beds 3 baths 3,269 sq ft Single Family
Details for 2731 State Road 557
MLS# L4962081
Description for 2731 State Road 557, Lake Alfred, FL, 33850 - LAKE GUM
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.
Listing Information
Property Type: Residential, Single Family Residence
Status: Active
Bedrooms: 4
Bathrooms: 3
Lot Size: 1.21 Acres
Square Feet: 3,269 sq ft
Year Built: 1978
Garage: Yes
Stories: 2 Story
Construction: Brick
Subdivision: Lake Gum Estates
Foundation: Slab
County: Polk
Room Information
Main Floor
Bonus Room: 19x29
Primary Bedroom: 13x22
Kitchen: 12x12
Family Room: 18x27
Dining Room: 11x17
Living Room: 15x32
Upper Floor
Bedroom 4: 11x22
Bedroom 3: 11x10
Bedroom 2: 11x11
Bathrooms
Full Baths: 3
Additonal Room Information
Laundry: Inside
Interior Features
Appliances: Dishwasher, Dryer, Range, Washer
Flooring: Carpet,Tile,Wood
Fireplaces: Family Room, Wood Burning
Additional Interior Features: Ceiling Fan(s), Eat-In Kitchen, Separate/Formal Dining Room, Separate/Formal Living Room, Solid Surface Counters, Upper Level Primary
Utilities
Water: Public
Sewer: Septic Tank
Other Utilities: Electricity Connected
Cooling: Central Air, Ceiling Fan(s)
Heating: Central
Exterior / Lot Features
Attached Garage: Attached Garage
Garage Spaces: 4
Parking Description: Garage Door Opener, Garage, driveway, Circular Driveway
Roof: Shingle
Lot View: Lake,Water
Lot Dimensions: 150x420
Additional Exterior/Lot Features: Lighting, Porch, Enclosed
Out Buildings: Workshop
Waterfront Details
Standard Water Body: LAKE GUM
Water Front Features: Lake Privileges, Lake Front
Driving Directions
From I-4. Head south on SR 557. Home is on your left.
Financial Considerations
Terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Tax/Property ID: 26-27-17-000000-041010
Tax Amount: 6325
Tax Year: 2025
A broker reciprocity listing courtesy: THE MARKET REALTY COMPANY
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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 2731 State Road 557
Sales History
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Tax Summary
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Schools
Schools nearby 2731 State Road 557
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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