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$395,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • 1,634 Sq. Ft.
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Under contract-accepting backup offers. Embrace the ultimate Central Florida sporting and resort lifestyle in the highly sought-after, gated community of Indian Lake Estates with this exceptional waterfront home positioned perfectly to capture sweeping, unobstructed views from both the front and back of the property. Sitting directly on a deep-water canal with stunning vistas looking out to the open lake, the residence offers a functional layout designed to maximize its premium waterfront setting from multiple vantage points. Storage is abundant with a spacious 2-car garage along with an additional attached 2-car carport, providing four covered spaces to house everyday vehicles, a golf cart, and a boat. Residents of this secure neighborhood enjoy exclusive access to Florida's longest freshwater pier, a private boat ramp, marina, and an 18-hole championship golf course. This property is a boater's dream, offering direct waterway access to the trophy fishing of Lake Walk-In-Water while remaining close to major thoroughfares for easy travel across Central Florida.

Full Property Details for 6589 Banyan Dr

General

  • Price: $395,000
  • HOA FEE: $32/month
  • HOA FEE FREQ.: Annually
  • Taxes: $1,642 (2024)
  • Status: Pending
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: TB8370890
  • Updated: 6/23/2026
  • Added to Site: 462 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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Listing agent

— 6589 Banyan Dr —

  • Exp Realty Llc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 6589 Banyan Dr

School District:Polk County School District
NameGradesDistance
Ben Hill Griffin Jr Elementary School
501 McLeod Road, Frostproof, FL 33843
PK-59.9 mi
Frostproof Middle/Senior High School
1000 North Palm Avenue, Frostproof, FL 33843
6-89.8 mi
Mclaughlin Middle School And Fine Arts Academy
800 South 4th Street, Lake Wales, FL 33853
6-813.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 6589 Banyan Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/24/2026
Price Reduced
$395,000
-12.22%
MLS
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
Get Price Alerts and Save Property
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 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
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Exp Realty Llc

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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 $395,000 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.

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