Skip to content
Let's check out 5905 Magnolia Lane!
This captivating property sits on 1.32 acres with a sweeping circular driveway and gate entrance.
1 / 57

5905 Magnolia LaneLakeland, FL, 33810

4beds
4baths
3,213sqft
Single Family Residence
Built in 1962
$630,000
For sale
$665,000−$35,000 (5%)
Price per sqft
$196
Days on market
273
Listed
Jan 22
Last reduction
−$20,000
Aug 5, 2026
MLS #L4958649Updated Sep 30, 2026

About this property

Virtually Staged. NEW PRICE on this unique one-of-a-kind property with tons of possibilities and ready for the next chapter . . . YOU. If you require a workshop or space for RV or boat storage and prefer to avoid HOA restrictions, this property affords an excellent solution. Situated on nearly 1.5 acres, it features a 3,200+ square foot main residence, along with a detached barn/workshop that includes a partially finished living area above. Entry is secured by a private electric gate, enhancing safety and privacy. The expansive circular driveway leads to a deep wrap-around porch, welcoming you to this impressive tri-level home. The main and center level encompasses formal living and dining rooms, a traditional country-style kitchen with brick accented walls, and picture windows that provide views of the screened, enclosed pool. Adjacent to the kitchen, a breakfast nook overlooks the pool area. Upstairs, there are three spacious bedrooms, including the primary suite with its own private bath. The lower level provides a large bonus room (or fourth bedroom) featuring a fully ADA-accessible bathroom and an inside laundry room. The side-entry garage offers direct access to both the bonus and utility rooms. Recent updates include fresh interior paint, county water for potable use, irrigation from a well, a completely new septic system (tank and drain field) installed in 2026 days, and two traditional AC units servicing the main house. Nearby, the nearly 2,000-square-foot barn/workshop boasts a second floor, partially finished living area (approximately 500 square feet not counted in the main dwelling’s SF), cooled by a geothermal heat pump (GHP). Additional amenities include the electric entry gate and a private pond in the front yard, which could be stocked for recreational fishing. There is potential for establishing a “family compound,” as the adjoining property may be available for separate purchase. It shares part of the circular driveway, but has its own gated entrance, and could afford shared equity for multiple owners or multi-generational households. This property is ideally suited for individuals who own work vehicles or operate small businesses and want to avoid HOA conflicts. Showings are easy to arrange; please schedule an appointment. No trespassing is permitted.

Top Villas Intelligence

Projected rental revenue and ownership costs
Sign in to view rental intelligenceSee projected rental revenue, ownership costs, operating yield, and supporting evidence.
Interested in this property?
Gaby, Property Specialist
Speak to GabyProperty Specialist, SerhantGaby can arrange a viewing, answer your questions and prepare a personalized rental projection.
+1 (407) 490-0475
No pressure. Your details stay private.

Property details

Property type
Single Family Residence
Street address
5905 Magnolia Lane
City
Lakeland
State
FL
ZIP code
33810
Year built
1962
New construction
No
Faces
South
Rooms
10
Building stories
2
Living area
3,213 sqft
Total building area
4,404 sqft
Architectural style
Ranch
Levels
Two

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at October 20, 2026 at 8:01 AM EDT

Price & sale history

Asking price reduced by $35,000 (5.3%) since first listed.

EventPrice
Price reducedMLS #L4958649$630,000Change: −5.3%−$35,000
Listed for saleMLS #L4958649$665,000
History may be incomplete.
Explore nearby sales

Location

Let's check out 5905 Magnolia Lane!
Learn more about this propertyGet in touch for more information
We will use your details to respond to this request and may share them with a suitable real estate professional when needed. Marketing is optional.