Steven Koleno

Steven Koleno Consumer-First Real Estate Architect

$630,000.00
5905 MAGNOLIA LANE, LAKELAND, FL - 33810
4 beds
3.5 baths
3,213 sqft
$630,000.00
5905 MAGNOLIA LANE, LAKELAND, FL - 33810
Steven Koleno
$630,000.00
4 beds
3.5 baths
3,213 sqft
5905 MAGNOLIA LANE, LAKELAND, FL - 33810
For Sale
Photo 1
  • Built in 1962
  • 2 garage spaces
  • $196.08/sqft
  • Lot size: 1.32 acres
  • 253 days on market

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.

  • Directions: Starting at the intersection of US Hwy 98 & W Daughtery Rd. Take W Daughtery Rd West and continue straight to Magnolia Lane. The property will be the first home on your right, once the road shifts from W Daughtery Rd to Magnolia Lane.
  • County: Polk
  • Geo subdivision: SILVER LAKES REP

Nearby Schools

Dr. N. E Roberts Elem

Sleepy Hill Middle

Kathleen High

Features

Financial

Let's get in touch!

Steven Koleno

Steven Koleno

Consumer-First Real Estate Architect

See also

For Sale
2267 MALACHITE DRIVE, LAKELAND, FL - 33810
$575,000.00
4 bds
3.0 ba
2,405 sqft
2267 MALACHITE DRIVE, LAKELAND, FL - 33810
For Sale
7042 MONTREAL DRIVE, LAKELAND, FL - 33810
$579,500.00
3 bds
3.0 ba
2,856 sqft
7042 MONTREAL DRIVE, LAKELAND, FL - 33810
For Sale
5516 BLACK HAWK LANE, LAKELAND, FL - 33810
$574,900.00
4 bds
3.0 ba
3,206 sqft
5516 BLACK HAWK LANE, LAKELAND, FL - 33810
Stellar MLS
  • Source: Stellar MLS
  • MLS #: L4958649
Listing updated: September 30, 2026 at 7:02PM
Listing provided by: Jeri Thom, PREMIER REALTY NETWORK, INC
Last checked 23 hours ago
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website.