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Property for sale at 2731 STATE ROAD 557, LAKE ALFRED, FL, 33850
Property for sale at 2731 STATE ROAD 557, LAKE ALFRED, FL, 33850
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2731 State Road 557Lake Alfred, FL, 33850

4beds
3baths
3,269sqft
Single Family Residence
Built in 1978
$680,000
For sale
$749,900−$69,900 (9%)
Price per sqft
$208
Days on market
170
Listed
May 21
Last reduction
−$19,999
Sep 30, 2026
MLS #L4962081Updated Sep 30, 2026

About this property

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.

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Property details

Property type
Single Family Residence
Street address
2731 State Road 557
City
Lake Alfred
State
FL
ZIP code
33850
Year built
1978
New construction
No
Faces
West
Rooms
9
Building stories
2
Living area
3,269 sqft
Total building area
3,962 sqft
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 November 7, 2026 at 5:00 PM EST

Price & sale history

Asking price reduced by $69,900 (9.3%) since first listed.

EventPrice
Price reducedMLS #L4962081$680,000Change: −9.3%−$69,900
Listed for saleMLS #L4962081$749,900
History may be incomplete.
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Location

Property for sale at 2731 STATE ROAD 557, LAKE ALFRED, FL, 33850
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