$1,250,000
775 S Ilakee Avenue Lake Alfred, FL 33850 - LAKE CUMMINGS
For Sale MLS# L4961526
6 beds 8 baths 7,035 sq ft Single Family
Details for 775 S Ilakee Avenue
MLS# L4961526
Description for 775 S Ilakee Avenue, Lake Alfred, FL, 33850 - LAKE CUMMINGS
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.
Listing Information
Property Type: Residential, Single Family Residence
Status: Active
Bedrooms: 6
Bathrooms: 8
Lot Size: 1.91 Acres
Square Feet: 7,035 sq ft
Year Built: 1954
Garage: Yes
Stories: 1 Story
Construction: Block,Stucco
Construction Display: New Construction
Subdivision: N/A
Foundation: Slab
County: Polk
Construction Status: New Construction
School Information
Elementary: Lake Alfred Elem
Middle: Stambaugh Middle
High: Auburndale High School
Room Information
Main Floor
Bathroom 4: 12x9
Bonus Room: 25x20
Office: 19x15
Kitchen: 29x22
Dining Room: 21x15
Living Room: 31x15
Family Room: 28x19
Bedroom 5: 13x10
Bedroom 4: 12x10
Bathroom 3: 10x6
Bedroom 3: 15x12
Bathroom 2: 7x7
Bedroom 2: 25x12
Primary Bathroom: 10x10
Primary Bedroom: 18x15
Bathrooms
Full Baths: 5
1/2 Baths: 3
Additonal Room Information
Laundry: Laundry Room, Inside
Interior Features
Appliances: Ice Maker, Electric Water Heater, Built-In Oven, Range, Refrigerator, Washer, Dishwasher, Dryer
Flooring: Carpet,Ceramic Tile,Laminate
Doors/Windows: Double Pane Windows
Additional Interior Features: Split Bedrooms, Ceiling Fan(s), Loft, Walk-In Closet(s), Separate/Formal Dining Room, Main Level Primary, Separate/Formal Living Room
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Connected,Electricity Connected,Propane,Sewer Connected,Water Connected
Cooling: Ceiling Fan(s), Central Air
Heating: Electric, Central
Exterior / Lot Features
Attached Garage: Attached Garage
Garage Spaces: 4
Parking Description: Garage Door Opener, Garage, Circular Driveway, driveway, Workshop in Garage
Roof: Metal, Membrane
Pool: In Ground, Gunite
Lot View: Lake,Water
Lot Dimensions: 170x600
Additional Exterior/Lot Features: Rain Gutters, Sprinkler/Irrigation, Outdoor Grill, Outdoor Shower, Outdoor Kitchen, Screened, Covered, Rear Porch, Landscaped, City Lot, Dead End, Oversized Lot
Out Buildings: Guest House
Waterfront Details
Standard Water Body: LAKE CUMMINGS
Water Front Features: Lake Front, Lake Privileges
Driving Directions
Take Hwy 27 to Hwy 17-92 - Hwy 17-92 west to Lake Alfred - Right on W Cummings - Left on S Ilakee Ave - Home is at the end on your right
Financial Considerations
Terms: Cash,Conventional
Tax/Property ID: 26-27-32-000000-044050
Tax Amount: 10282
Tax Year: 2025
A broker reciprocity listing courtesy: THE STONES REAL ESTATE FIRM
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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 775 S Ilakee Avenue
Sales History
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Tax Summary
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Schools
Schools nearby 775 S Ilakee Avenue
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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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