NEW SEPTIC AND DRAIN FIELD—SPRING 2026! WATERFRONT POOL HOME WITH BOAT LIFT AND NAVIGABLE ACCESS TO 7,500+ ACRE LAKE WALK-IN-WATER! Tucked away at the end of a quiet street in Indian Lake Estates, this distinctive three-bedroom, two-and-a-half-bath pool home offers the privacy, outdoor space, water access, and income-producing potential that are increasingly difficult to find in Central Florida. Situated on approximately one acre across two parcels, the property includes roughly 220 feet of freshwater canal frontage leading to Lake Walk-in-Water—one of Florida’s best-known trophy bass fishing destinations. Bring the boat, fishing rods, kayaks, and outdoor gear. A covered boathouse and lift provide convenient storage and direct access to miles of boating and fishing opportunities. The home has previously operated as a productive short-term vacation rental, providing a buyer with the flexibility to continue using it as an investment property, enjoy it as a seasonal Florida retreat, or make it a full-time waterfront residence. Financial records should be reviewed separately to evaluate future rental performance. Major improvements include a new septic system and drain field installed in spring 2026, along with a metal roof, boathouse roof, and HVAC system installed in 2022. These substantial updates help reduce some of the larger ownership concerns commonly associated with established waterfront homes. Inside, the single-story layout offers approximately 1,936 square feet, a split-bedroom floor plan, open living spaces, built-in features, a wet bar, and a game or entertainment area. The primary bedroom is generously sized, while the additional bedrooms provide comfortable accommodations for family members or vacation guests. Step outside to the screened swimming pool and covered outdoor living areas, where peaceful surroundings and abundant wildlife create the feeling of a private Florida retreat. The oversized grounds feature mature landscaping, irrigation, storage, and enough room to enjoy the property without feeling crowded by neighboring homes. Indian Lake Estates offers a relaxed community atmosphere with golf, clubhouse facilities, dining, fitness, tennis, pickleball, boating, fishing, and lakefront recreation. Whether purchased for personal enjoyment or investment use, this property delivers a combination of privacy, poolside living, boating access, major recent improvements, and established rental history that separates it from ordinary Lake Wales waterfront listings. This is not simply a home near the water—it is a complete Florida lifestyle property with room to breathe, income potential, and access to one of Polk County’s most recognized fishing lakes
- Built in 1986
- $258.26/sqft
- Lot size: 21,776 sqft
- 38 days on market
- Directions: Take Hwy 60 E in Lake Wales 16 miles east, turn right onto Deland, turn right onto Park, then right onto Arborea Dr, house is on the left.
- County: Polk
- Geo subdivision: INDIAN LAKE ESTATES
Features
Interior
Exterior
Utilities
Structure
Pets, Accessibility & Amenities
Community Info
Financial
Lease Information
Tax, Legal & Financing
Let's get in touch!
Let's get in touch!

Steven Koleno
Consumer-First Real Estate Architect
- Source: Stellar MLS
- MLS #: L4963476
Listing updated: August 2, 2026 at 8:05PM
Listing provided by: Don Jerue, KELLER WILLIAMS REALTY SMART 1
Last checked 18 days ago
Listing provided by: Don Jerue, KELLER WILLIAMS REALTY SMART 1
Last checked 18 days 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.







