2731 State Road 557, Lake Alfred, FL 33850

$699,999
4
BD
3
BA
3,269
SqFt

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List Price
$699,999
Status
PENDING
Days on Market
76
Price Change
▼ $49,901 1782279762
MLS#
L4962081
Subtype
Residential
Style
Two Story
Year Built
1978
Bedrooms
4
Bathrooms
3
Full Baths
3
Living Area
3,269
Lot Size
52,825
Acres
1.21
Subdivision
Lake Gum Estates
MLS Area Major
Lake Alfred

Property Description

Under contract-accepting backup offers. Experience the kind of lakefront living that rarely becomes available — over 150 feet of direct frontage on Lake Gum, more than 1.2 acres of land, a private dock, detached workshop, and breathtaking sunset views all wrapped into one incredible property. From the moment you arrive at 2731 State Road 557, the setting immediately stands out with its expansive lawn, long driveway, mature landscaping, and commanding lake views stretching across the backyard. Designed for both everyday living and entertaining, this custom home offers 4 bedrooms, 3 full bathrooms, multiple living spaces, and a layout that captures the beauty of the lake from throughout the home. The family room is filled with character featuring exposed wood beams, rich brick accents, a wood-burning fireplace, and large sliding glass doors that frame the water beyond. The kitchen offers wood cabinetry, granite countertops, stainless steel appliances, and generous prep and storage space while opening naturally into the main living areas. One of the standout features of the property is the massive screened-in back porch overlooking the lake — an incredible space for entertaining, relaxing, or simply taking in the peaceful waterfront setting and spectacular sunset views that paint the sky across Lake Gum in the evenings. Just beyond the porch sits your private dock with covered seating, creating the ultimate setup for boating, fishing, sunset cruises, or enjoying the true Florida lake lifestyle. The property also includes a large detached garage/workshop that provides endless flexibility for hobbies, storage, lake toys, vehicles, RVs, boats, or even a potential workshop space. The oversized lot offers an incredible amount of usable yard space rarely found on lakefront homes, creating room to spread out and fully enjoy the property. Additional features include a whole-house generator, spacious indoor living areas, a bonus/game room, a 2-car attached garage, and ample parking for guests and recreational vehicles. Conveniently located near Interstate 4, this property offers easy access to both Tampa and Orlando while still maintaining the privacy and tranquility of lakefront living. Properties offering this combination of acreage, true lake frontage, usable outdoor space, private dock, detached workshop, and convenient Central Florida location rarely become available. This is more than just a home — it is a lifestyle property built around space, privacy, and waterfront living.

Additional Information

Interior Features
Ceiling Fans(s), Eat-in Kitchen, PrimaryBedroom Upstairs, Solid Surface Counters
Exterior Features
Lighting, Private Mailbox
Financing
Cash, Conventional, FHA, USDA Loan, VA Loan
Community Features
No Deed Restriction
Property Description
Two Story
Zoning
RC
Appliances
Dishwasher, Range
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Brick
Exterior Features
Lighting, Private Mailbox
Stories
2
Levels
Two
Roof
Shingle
Foundation
Slab
Parking
Circular Driveway, Driveway, Garage Door Opener
Parking Features
Circular Driveway, Driveway, Garage Door Opener
Garage
4 Car Garage
Garage Spaces
4
Garage Features
Circular Driveway, Driveway, Garage Door Opener
View
Water

Listing courtesy of THE MARKET REALTY COMPANY. 863-999-4643

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