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$450,000
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Property Description & Video
6589 Banyan Drive, Indian Lake Estates, FLVideo Tour of 6589 Banyan Drive, Indian Lake Estates, FL.
Calling all boaters and fishing enthusiasts! This is the opportunity you've been waiting for in the sought-after, gated community of Indian Lake Estates. We are thrilled to present this 2-bed, 2-bath home where the lifestyle is all about the water! The absolute number one feature is your very own private dock and boat lift, offering direct canal access to the renowned Lake Weohyakapka. Affectionately known as "Lake Walk-In-Water," this is Polk County's largest lake-a pristine, 7,500-acre spring-fed body of water nationally recognized as one of Florida's premier trophy bass fishing destinations. Imagine spending your mornings fishing for largemouth bass from your own backyard dock and your evenings enjoying those beautiful lake views right from your front yard. The 2-bedroom, 2-bath home provides a wonderful foundation, ready for you to infuse with your personal style and create the perfect lake retreat. But this opportunity isn't just about your private water access. You are also joining the quiet, and beautiful community of Indian Lake Estates, where you can enjoy an 18-hole championship golf course, a 23,000-square-foot clubhouse with a restaurant and fitness center, tennis and pickleball courts, and the community's own boat ramp and marina. Don't forget, you also have access to Florida's largest freshwater pier for even more fishing and recreation. This is all about securing an amazing location and the water-centric lifestyle at an unbeatable value. This property is priced perfectly to give you the freedom to bring your unique vision to life. Plus, its desirable rural location may make this home eligible for special $0 down financing through a USDA loan! Other fantastic options like FHA and VA loans are also available, making this opportunity even more attainable. If you've been searching for affordable, direct water access in a premier Polk County community, you truly won't find a better opportunity!
Full Property Details
Full Property Details for 6589 Banyan Dr
General
- Price: $450,000
- HOA FEE: $32/month
- HOA FEE FREQ.: Annually
- Taxes: $1,642 (2024)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8370890
- Updated: 11/14/2025
- Added to Site: 287 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 9
- Interior Features: Ceiling Fan(s), Crown Molding, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat, Walk-In Closet(s)
- Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Electric Dryer Hookup, In Garage
Exterior
- Exterior Features: French Doors, Sidewalk
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Carports: Yes
- Carport: 2
- Carport Spaces: 2
- Covered Spaces: 4
Location
- Area: 33855 - Indian Lake Estates/Lake Wales
- County: Polk
- Development Name: 33855 - Indian Lake Estates/Lake Wales
- Subdivision: INDIAN LAKE ESTATES
- Driving Directions: Starting from the Walmart Supercenter at 2000 Florida 60, Lake Wales, FL, head out of the parking lot and turn right onto FL-60 E, continuing for 18.3 miles. Turn right onto Deland Ave, and then take another right onto Park Ave. Make an immediate left onto Red Grange Blvd and follow it past the clubhouse. Finally, turn right onto Laguna Dr, and the destination (2310 Laguna Dr) will be on your right.
- Direction Faces: West
Community
- Community Name: 33855 - Indian Lake Estates/Lake Wales
- Association: Yes
- Assoc. Name: Debora Donella
- Pet Restrictions: See ILE office for any restrictions
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric, Heat Pump
Utilities
- Sewer: Septic Tank
- Water District: LAKE WALK IN WATER
- Water: Well
- Utility Description: Electricity Connected, Fiber Optics
Structural Information
- Exterior Const.: Stucco
- Roof: Metal
- Stories/Levels: One
- Square Feet: 1,634
- Sq. Ft. Source: Public Records
- Year Built: 1985
Lot Features
- Lot Size (Acres): 0.5
- Lot Size (Sq. Ft.): 21,741
- Lot Size: 21741
- Lot Dimensions: 145 x 150
- Street/Road Desc.: Asphalt
Water Features
- Water Front: Yes
- Water Access: Yes
- Water Access Desc: Canal - Freshwater, Lake
- Water Extras: Yes
- Water Front Name: LAKE WALK IN WATER
- Water Front Desc.: Freshwater Canal, Lake Front
Financial Considerations
- Association Fee: $385
- Assoc Fee Freq.: Annually
- Assoc Fee Desc.: Required
- Tax Amount: $1,642.35
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: INDIAN LAKE EST UNIT 7 PB 39 PG 46 BLK 264 LOT 11
- Flood Zone Info: X-AE
- APN: 293101994070026411
- Property ID: 293101994070026411
- Block/Lot/Section: 264
Listed by Exp Realty Llc
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Schools
Schools serving 6589 Banyan Dr
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Ben Hill Griffin Jr Elementary School 501 McLeod Road, Frostproof, FL 33843 | PK-5 | 9.9 mi |
Frostproof Middle/Senior High School 1000 North Palm Avenue, Frostproof, FL 33843 | 6-8 | 9.8 mi |
Mclaughlin Middle School And Fine Arts Academy 800 South 4th Street, Lake Wales, FL 33853 | 6-8 | 13.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6589 Banyan Dr
Date
Details
Price
Change
Source
7/03/2025
Price Reduced
$450,000
-7.22%
MLS
5/05/2025
Price Reduced
$485,000
-1.02%
MLS
4/29/2025
Price Reduced
$490,000
-1.01%
MLS
4/21/2025
Price Reduced
$495,000
-1%
MLS
4/05/2025
Listed
$500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 6589 Banyan Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,080
148%
$314,453
157%
2024
$1,642
12%
$122,250
3%
2023
$1,464
—
$118,689
6%
2021
$1,460
—
$111,876
-3%
2022
$1,459
—
$115,232
4%
2021
$1,460
5%
$110,331
2%
2019
$1,393
3%
$107,850
2%
2018
$1,353
2%
$105,839
2%
2017
$1,323
4%
$103,662
2%
2016
$1,273
-1%
$101,530
1%
2015
$1,290
3%
$100,824
1%
2014
$1,254
—
$100,024
1%
2013
$1,258
—
$98,546
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6589 Banyan Dr
6589 Banyan Drive, Indian Lake Estates, FL 33855 (MLS# TB8370890) is a Single Family property with 2 bedrooms and 2 full bathrooms. 6589 Banyan Drive is currently listed for $450,000 and was received on April 05, 2025. Want to learn more about 6589 Banyan Drive? Do you have questions about finding other Single Family real estate for sale in Indian Lake Estates? You can browse all Indian Lake Estates real estate or contact a Coldwell Banker agent to request more information.

