Steven Koleno

Steven Koleno Consumer-First Real Estate Architect

$1,225,000.00
775 S ILAKEE AVENUE, LAKE ALFRED, FL - 33850
6 beds
6.5 baths
7,035 sqft
$1,225,000.00
775 S ILAKEE AVENUE, LAKE ALFRED, FL - 33850
Steven Koleno
$1,225,000.00
6 beds
6.5 baths
7,035 sqft
775 S ILAKEE AVENUE, LAKE ALFRED, FL - 33850
For Sale
Photo 1
  • Built in 1954
  • 4 garage spaces
  • $174.13/sqft
  • Lot size: 1.91 acres
  • 58 days on market

Virtually Staged. 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.

  • 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
  • County: Polk
  • Geo subdivision: N/A

Nearby Schools

Lake Alfred Elem

Stambaugh Middle

Auburndale High School

Features

Financial

Let's get in touch!

Steven Koleno

Steven Koleno

Consumer-First Real Estate Architect

See also

For Sale
5683 OLD BERKLEY ROAD, AUBURNDALE, FL - 33823
$1,249,900.00
5 bds
5.0 ba
3,688 sqft
5683 OLD BERKLEY ROAD, AUBURNDALE, FL - 33823
For Sale
250 BRIGHAM ROAD NW, WINTER HAVEN, FL - 33881
$1,195,000.00
5 bds
5.5 ba
3,235 sqft
250 BRIGHAM ROAD NW, WINTER HAVEN, FL - 33881
For Sale
1307 N LAKE HOWARD DRIVE, WINTER HAVEN, FL - 33881
$1,250,000.00
5 bds
4.0 ba
3,300 sqft
1307 N LAKE HOWARD DRIVE, WINTER HAVEN, FL - 33881
Stellar MLS
  • Source: Stellar MLS
  • MLS #: L4961526
Listing updated: August 3, 2026 at 2:04PM
Listing provided by: Michael Stone, THE STONES REAL ESTATE FIRM
Last checked 17 days ago
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