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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 1,936 sqft
Price per Sqft $258
Subdivision Indian Lake Estates
MLS Listing ID L4963476
Bedrooms 3
Full Baths 2
Half Baths 1
HOA Y/N No
Year Built 1986
Annual Tax Amount $4,647
Lot Size 1.000 Acres
Acres 1.0
Lot Dimensions 110x198
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
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
Location
State FL
County Polk
Community Indian Lake Estates
Area 33855 - Indian Lake Estates/Lake Wales
Zoning PUD
Interior
Interior Features Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, Walk-In Closet(s), Wet Bar
Heating Central
Cooling Central Air
Flooring Carpet, Laminate, Tile
Furnishings Partially
Fireplace false
Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Laundry Inside
Exterior
Exterior Feature Lighting, Sliding Doors, Storage
Pool In Ground, Screen Enclosure
Utilities Available Electricity Connected, Water Connected
Waterfront Description Canal - Freshwater
View Y/N Yes
Water Access Yes
Water Access Desc Canal - Freshwater
Roof Type Metal
Porch Covered, Enclosed, Patio, Screened, Side Porch
Exposure East
Garage false
Private Pool Yes
Building
Lot Description In County, Oversized Lot, Paved, Unincorporated
Story 1
Entry Level One
Foundation Slab
Lot Size Range 1 to less than 2
Sewer Septic Tank
Water Canal/Lake For Irrigation, Well
Structure Type Block,Stucco
New Construction false
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan
Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/L4963476
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