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Property for sale at 775 S ILAKEE AVENUE, LAKE ALFRED, FL, 33850
Property for sale at 775 S ILAKEE AVENUE, LAKE ALFRED, FL, 33850
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775 S Ilakee AvenueLake Alfred, FL, 33850

6beds
8baths
7,035sqft
Single Family Residence
Built in 1954
$1,175,000
For sale
$1,250,000−$75,000 (6%)
Price per sqft
$167
Days on market
120
Listed
Jun 23
Last reduction
−$50,000
Oct 1, 2026
MLS #L4961526Updated Oct 9, 2026

About this property

Virtually Staged. 7000+ SQFT LAKEFRONT HOME WITH NO HOA: Lakefront and offering more than 7,000 square feet of living space, this expansive residence is privately positioned at the end of a quiet cul-de-sac on more than an acre along the shores of Lake Cummings. With over 9,800 square feet under roof, including more than 1,200 square feet of garage and storage space, the property offers an unusual amount of room and flexibility for multi-generational living, extended family, guests and entertaining. Its private lakefront setting, generous grounds and Central Florida location between Tampa and Orlando also present an intriguing opportunity for the seaplane enthusiast seeking a waterfront home base.

Inside, expansive gathering spaces are balanced by distinct areas that allow family and guests to spread out comfortably. The formal living room is defined by a wall of windows overlooking the lake, filling the space with natural light and capturing broad water and sunset views. An oversized kitchen provides abundant cabinetry, storage and preparation space, along with a full-size refrigerator and freezer and dedicated ice maker, making it well suited for both everyday use and larger gatherings.

The primary suite is positioned as a private retreat with lake views, a dressing area, dual walk-in closets and a spacious bath with dual vanities and an oversized sunken walk-in shower. Four additional bedrooms provide considerable flexibility for family, guests, home offices or extended stays.

One of the home's most distinctive spaces is the separate celebration and pool room, an expansive entertainment area finished with tongue-and-groove walls and complemented by an upper loft, bedroom, full bathroom, kitchen and laundry. Its size and separation from the main living areas make it equally suited for large gatherings, recreation, overnight guests or an extended-family living arrangement.

Outdoor living is centered around a substantial covered lanai with soaring wood ceilings and a commercial-style outdoor kitchen with built-in grill. Generous dining and lounge areas overlook the screened pool and spa, with the lake providing a natural backdrop beyond.

Lake Cummings offers boating, fishing and seaplane accessibility, adding another dimension to the property. For an aviation enthusiast, the ability to arrive by water and maintain a private lakefront base creates possibilities rarely found in a residence of this scale. Extensive parking and garage space further complement that use without defining the property solely around aviation.

Additional features include a circular driveway, whole-house Generac generator, abundant storage, screened garden and potting area, no HOA and a secluded end-of-road setting.

Located in Lake Alfred approximately 15 minutes from I-4, the property is well positioned for access to Winter Haven, Lakeland and the greater Tampa and Orlando areas, including major airports, shopping, dining and healthcare.

Ultimately, it is the combination of scale, privacy and flexibility that distinguishes the property: more than an acre of lakefront land, approximately 7,000 square feet of living space and a floor plan capable of accommodating multiple generations, frequent guests and large gatherings without sacrificing privacy. Add direct access to a private lake and the possibility of arriving home by seaplane, and the property offers a distinctly different approach to Central Florida lakefront living.

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Property details

Property type
Single Family Residence
Street address
775 S Ilakee Avenue
City
Lake Alfred
State
FL
ZIP code
33850
Year built
1954
New construction
No
Faces
East
Rooms
15
Living area
7,035 sqft
Total building area
9,855 sqft
Levels
One

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 $75,000 (6%) since first listed.

EventPrice
Price reducedMLS #L4961526$1,175,000Change: −6%−$75,000
Listed for saleMLS #L4961526$1,250,000
History may be incomplete.
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Location

Property for sale at 775 S ILAKEE AVENUE, LAKE ALFRED, FL, 33850
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