Property Attributes
- MLS#L4963476
- TypeSingle Family
- Listing Status Active
- CountyPolk
- CityINDIAN LAKE ESTATES
- AreaIndian Lake Estates/Lake Wales
- NeighborhoodINDIAN LAKE ESTATES
- Zip33855
- StyleSingle Family Residence
- Year Built1986
- Taxes$ 4647
- Price$ 500,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms1
- Sqr Footage1936
- Lot Size1 Acres
Data Source:
Stellar MLS
Property Description
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
| Price History | |
|---|---|
| 7/13/2026 | Listed $500,000 |
General Features
| Sewer | Septic Tank |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Utilities | Electricity Connected,Water Connected |
| Roof | Metal |
| Appliances | Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer |
| Zoning | PUD |
| HOA Fee | 770.96 |
| Patio/Porch Features | Covered,Enclosed,Patio,Screened,Side Porch |
| Pool Features | In Ground,Screen Enclosure |
| Construction Materials | Block,Stucco |
| Pets Allowed | Yes |
| Year Built | 1986 |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Ownership | Fee Simple |
| Waterfront Features | Canal - Freshwater |
| Additional Parcels Description | 29-31-01-994070-026325 |
| Assoc Fee Paid Per | Annually |
| County | Polk |
| New Construction | false |
| Property Type | Residential |
| Subdivision Name | INDIAN LAKE ESTATES |
| Facing Direction | East |
| Garage Y/N | false |
| Other Structures | Shed(s) |
| Total Rooms | 5 |
| Full Baths | 2 |
| Status | Active |
| 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. |
| City | INDIAN LAKE ESTATES |
| Body of Water | LAKE WALK-IN-WATER |
| Association Name | Deborah Donella |
| Senior Community Y/N | false |
| MLS Area | 33855 - Indian Lake Estates/Lake Wales |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 21776 |
| Carport Y/N | false |
| Listing Terms | Cash,Conventional,FHA,USDA Loan,VA Loan |
| Land Lease Y/N | false |
| Tax Annual Amount | 4647.96 |
| Additional Parcels Y/N | true |
| Lease Considered Y/N | true |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/L4963476 |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Occupancy Type | Vacant |
| Tax Lot | 26 |
| Legal Description | INDIAN LAKE EST UNIT 7 PB 39 PG 46 BLK 263 LOT 26 |
| Water View | Canal |
| Water Access Type | Canal - Freshwater |
| Minimum Lease | No Minimum |
| Water Access Y/N | true |
| Monthly HOA Amount | 64.25 |
| Water View Y/N | true |
| Flood Zone Code | X |
| In Law Suite YN | false |
| Flood Zone Code X | Yes |
| DockY/N | false |
Interior Features
| Interior Amenities | Built-in Features,Ceiling Fan(s),Eating Space In Kitchen,Open Floorplan,Walk-In Closet(s),Wet Bar |
|---|---|
| Flooring | Carpet,Laminate,Tile |
| Furnished Y/N | Partially |
| Total Stories | 1 |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | false |
| Half Baths | 1 |
| Laundry Features | Inside |
| Total Bedrooms | 3 |
| LivingAreaSource | Public Records |
| Total Baths | 3 |
Exterior Features
| Exterior Amenities | Irrigation System,Lighting,Sliding Doors,Storage |
|---|---|
| Lot Features | In County,Oversized Lot,Unincorporated |
| Water Source | Canal/Lake For Irrigation,Well |
| Lot Size Area | 21776 |
| Foundation Details | Slab |
| Building Area Total | 2258 |
| Lot Dimensions | 110 x 198 |
| Lot Size Acres | 1 |
| Road Surface Type | Paved |
| Private Pool | true |
| Waterfront Y/N | true |
| Road Frontage Type | Street Paved |
| Number of Lots | 2 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33855
In The Neighborhood
INDIAN LAKE ESTATES
$ 310,000
- Type
- Single Family
- Size
- 1,380 SqFt
- Rooms
- 3 Beds + 2 Baths
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on September 19, 2026 10:12 PM UTC