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Isaac Loviglio

opentoclose@livingluxury.homes +1(941) 241-2581

$350,000

Est. payment - /mo

4 Beds

3 Baths

2,542 SqFt

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,542 sqft

Price per Sqft $137

Subdivision Acreage

MLS Listing ID L4961807

Bedrooms 4

Full Baths 3

HOA Y/N No

Year Built 1974

Annual Tax Amount $7,451

Lot Size 1.680 Acres

Acres 1.68

Property Sub-Type Single Family Residence

Source Stellar MLS

Property Description

Short Sale. Short Sale!!! Investor opportunity with endless potential on Little Lake Victoria! This rare short sale property sits on 1.68 secluded acres in South Lakeland on a private peninsula with water on three sides, offering breathtaking lake views from nearly every room. If you've been searching for a one-of-a-kind waterfront estate to renovate and transform into something spectacular, this is it. The main home features 4 bedrooms and 3 bathrooms, including a private 4th bedroom suite located off the garage with its own entrance and bathroom — ideal for an older child wanting independence, guests, a home office, or multigenerational living. While the home needs significant updating and repairs, the setting and layout offers incredible possibilities for the right buyer with vision. Adding even more value and opportunity is the detached 2 bedroom, 2 bathroom cottage located on the property. The cottage is currently not livable after sustaining major roof damage during the last hurricane, but the potential is undeniable. With extensive renovation, it could become an income-producing rental, AirBnB, guest house, or the perfect detached in-law home for an amazing family compound. Important updates already completed on the main home include a new roof, septic system, and drainfield in 2020, along with a new AC in 2017. This property is being sold as a short sale and will require lender approval. The listed price is not guaranteed to be the final accepted sales price. Buyers should expect a lender response time of approximately 60–90 days. Cash offers only due to the condition of the property. Bring your vision, roll up your sleeves, and look beyond the tall grass and deferred maintenance — because this hidden waterfront estate could truly become paradise once again. NO SITE UNSEEN OFFERS WILL BE CONSIDERED!

Location

State FL

County Polk

Community Acreage

Area 33813 - Lakeland

Zoning R-1

Rooms

Other Rooms Den/Library/Office, Florida Room, Inside Utility

Interior

Interior Features Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Carpet, Ceramic Tile, Laminate, Tile

Fireplaces Type Family Room

Furnishings Unfurnished

Fireplace true

Appliance Built-In Oven, Cooktop, Dishwasher, Range Hood, Refrigerator

Laundry Inside

Exterior

Exterior Feature Balcony, Other, Sliding Doors, Storage

Utilities Available Cable Available, Electricity Connected

Waterfront Description Lake Front

View Y/N Yes

Water Access Yes

Water Access Desc Lake

Roof Type Shingle

Porch Covered, Deck, Enclosed, Other, Patio, Porch, Rear Porch, Screened, Side Porch, Wrap Around

Garage false

Private Pool No

Building

Lot Description In County, Paved

Story 1

Entry Level One

Foundation Slab

Lot Size Range 1 to less than 2

Sewer Septic Tank

Water Public

Architectural Style Florida

Structure Type Wood Siding

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Short Sale

Virtual Tour https://www.propertypanorama.com/instaview/stellar/L4961807

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Listed by Debbie Ward-Terry REGAL REAL ESTATE LLC

Schools and Properties Nearby

Learn More About LPT Realty

Isaac Loviglio

+1(941) 241-2581

Agent | License ID: SL3466395

Agent License ID: SL3466395

920 LAKE COVE TRL Lakeland, FL 33813

Isaac Loviglio

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Schools and Properties Nearby

Learn More About LPT Realty

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920 LAKE COVE TRL