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$749,900 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 2731 State Rd 557
General
- Price: $749,900
- Taxes: $6,325 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: L4962081
- Updated: 5/22/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 9
- Interior Features: Ceiling Fan(s), Eating Space In Kitchen, PrimaryBedroom Upstairs, Solid Surface Counters
- Fireplace: Yes
- Fireplace(s): Family Room, Wood Burning
- Appliances: Dishwasher, Dryer, Range, Washer
- Furnishings: Unfurnished
- Flooring: Carpet, Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Lighting, Private Mailbox
- Deck/Patio: Enclosed, Porch
- Porch/Patio/Deck: Enclosed, Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 4
- Covered Spaces: 4
- Parking Features: Circular Driveway, Driveway, Garage Door Opener
Location
- Area: 33850 - Lake Alfred
- County: Polk
- Development Name: 33850 - Lake Alfred
- Subdivision: LAKE GUM ESTATES
- Driving Directions: From I-4. Head south on SR 557. Home is on your left.
- Direction Faces: West
Community
- Community Name: 33850 - Lake Alfred
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water District: LAKE GUM
- Water: Public
- Utility Description: Electricity Connected
Structural Information
- Exterior Const.: Brick
- Roof: Shingle
- Stories/Levels: Two
- Square Feet: 3,269
- Sq. Ft. Source: Public Records
- Year Built: 1978
Additional Structures
- Other Structures: Workshop
Lot Features
- Property View: Water
- Lot Size (Acres): 1.21
- Lot Size (Sq. Ft.): 52,825
- Lot Size: 1.2127
- Lot Dimensions: 150 x 420
- Street/Road Desc.: Paved
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Lake
- Water Extras: Yes
- Water Front Name: LAKE GUM
- Water Front Desc.: Lake Front
Financial Considerations
- Tax Amount: $6,325
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: BEG 1716.63 FT E & 2707.66 FT S OF NW COR OF SEC "ON E R/W OF SR 557 RUN S 01 DEG 22' 20"" E ALONG" "R/W 150 FT S 69 DEG 39' 38"" E 468.26 FT M/L TO" LAKE NLY ALONG LAKE 100 FT M/L TO A PT S 64 DEG "57' 11"" E OF POB RUN N 64 DEG 57' 11"" W 496.80 FT " M/L TO POB BEING LOT 8 OF UNREC LAKE GUM ESTATES & THAT PART OF LOT 7 UNREC LAKE GUM ESTATES DESC AS: ON E R/W OF SR 557 S 65-31-50E 286 FT S68-59-30E 145 FT M/L TO WATERS OF LAKE GUM SLY ALONG WATERS OF LAKE GUM 17.5 FT M/L TO INTER WITH LINE S64- 57-11E FROM POB N64-57-11W 442 FT M/L TO POB
- Flood Zone Info: X, AE
- APN: 262717000000041010
- Property ID: 262717000000041010
Listed by The Market Realty Company
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Schools
Schools serving 2731 State Rd 557
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Lake Alfred Elementary School 550 East Cummings Street, Lake Alfred, FL 33850 | PK-5 | 3.2 mi |
Auburndale Senior High School 1 Bloodhound Trail, Auburndale, FL 33823 | 9-12 | 5.3 mi |
Jere L. Stambaugh Middle School 226 Main Street, Auburndale, FL 33823 | 6-8 | 5.5 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 2731 State Rd 557
Date
Details
Price
Change
Source
5/21/2026
Listed
$749,900
—
MLS
Disclaimer: Historical sales 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 2731 State Rd 557
2731 State Road 557, Lake Alfred, FL 33850 (MLS# L4962081) is a Single Family property with 4 bedrooms and 3 full bathrooms. 2731 State Road 557 is currently listed for $749,900 and was received on May 21, 2026. Want to learn more about 2731 State Road 557? Do you have questions about finding other Single Family real estate for sale in Lake Alfred? You can browse all Lake Alfred real estate or contact a Coldwell Banker agent to request more information.

