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$2,000,000
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Property Description
The epitome of Florida lakefront living, this six-bedroom, five-and-a-half-bathroom estate in the gated Highlands by the Lake community offers a rare synthesis of architectural grandeur and meticulous modern stewardship. Situated on nearly an acre with direct frontage on Banana Lake, the residence is introduced by an arrival sequence featuring iron Cantera doors that open to soaring 13-to-16-foot ceilings and a magnificent domed dining room. The interior is defined by a sophistication, where pocketing sliding doors and tinted rear windows dissolve the boundaries between the refined living spaces and the verdent lakeside setting. The home's infrastructure has been rigorously modernized, featuring a 5-HP Trane HVAC system (2025), a secondary upstairs unit with a dedicated dehumidifier (2026), and two new tankless water heaters (2025). New, high-efficiency Pella windows constitute all but 6 windows throughout the home, complemented by whole-home surge protection, whole home Mulligan water filtration system, and an ADT security array consisting of 14 perimeter cameras. The culinary center is a testament to functional luxury, equipped with a gas cooktop, custom all-wood cabinetry, a new garbage disposal (2024), and a stainless-steel utility suite. While the kitchen's digital hub and the home's televisions do not convey, the residence is a technological fortress, wired for 7G connectivity with an integrated Sonos surround-sound system and a theater room featuring SONY cinema equipment. The primary wing has been thoughtfully updated with 2023 luxury vinyl flooring, electric privacy curtains, and a primary bath featuring a bidet and "Closets by Design" cabinetry. Additional interior highlights include a Jack-and-Jill suite completely renovated in 2024, new light fixtures throughout, and three distinct garage bays featuring insulated doors, epoxy flooring, a Tesla charger, and significant integrated storage. Outdoor living is elevated by a saltwater Pentair pool-equipped with a 2024 pump and auto-refill system-housed within a cage featuring 2024 lighting and a 2025 screen replacement. The grounds are illuminated by architectural lighting and protected by a "Bug Slayer" system and a transferable septic maintenance subscription. A Trex elevated party deck leads to the water's edge, where a recently improved dock and electric lift provide seamless access to Banana Lake. Residents of this exclusive enclave enjoy not only profound privacy but also a suite of community amenities, including a clubhouse, pool, pickleball, and tennis courts, all positioned strategically within the I-4 corridor between Tampa and Orlando.The current mortgage is a VA assumable loan at a 5%interest rate. Please inquire for more information.
Full Property Details
Full Property Details for 3040 Highlands By The Lake Way
General
- Sold For: $2,000,000
- HOA FEE: $125/month
- HOA FEE FREQ.: Annually
- Taxes: $863 (2025)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: L4959374
- Added to Site: 235 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 3
- Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), Solid Wood Cabinets
- Fireplace: Yes
- Fireplace(s): Gas
- Appliances: Cooktop, Disposal, Dryer, Other, Washer
- Furnishings: Unfurnished
- Flooring: Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 5
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Other
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Salt Water, Screen Enclosure
Exterior
- Exterior Features: Other
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
Location
- Area: 33812 - Lakeland
- County: Polk
- Development Name: 33812 - Lakeland
- Subdivision: HIGHLANDS/LK PH I & II
- Driving Directions: south on Bartow Highway West on Club House Right into Highlands by the Lake- drive to lake and go left to address
- Direction Faces: Southeast
School Information
- Elementary School: Highland Grove Elem
- Middle School: Lakeland Highlands Middl
- High School: George Jenkins High
Community
- Community Name: 33812 - Lakeland
- Community Features: Clubhouse, Gated Community - No Guard, Pool, Tennis Court(s)
- Association: Yes
- Assoc. Name: Highlands By The Lake Property Owners Association
- Pet Restrictions: Confirm with Association
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Electricity Connected
Structural Information
- Exterior Const.: Stucco
- Roof: Other
- Stories/Levels: Two
- Square Feet: 5,340
- Sq. Ft. Source: Public Records
- Living Area: 5,340 Sq. Ft.
- Year Built: 2006
Lot Features
- Lot Size (Acres): 0.94
- Lot Size (Sq. Ft.): 41,112
- Lot Size: 41112
- Street/Road Desc.: Paved
Water Features
- Water Front: Yes
- Water Access: Yes
- Water Access Desc: Lake - Chain of Lakes
- Water Front Desc.: Lake - Chain of Lakes
Financial Considerations
- Association Fee: $1,500
- Assoc Fee Freq.: Annually
- Assoc Fee Desc.: Required
- Tax Amount: $863.61
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: HIGHLANDS-BY-THE-LAKE PHASE I & PHASE II PB 104 PGS 43-45 PHASE I LOT 29
- Flood Zone Info: AE
- APN: 242910280559001290
- Property ID: 242910280559001290
Listed by Keller Williams Realty Smart
Sold by Live Florida Realty
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Schools
Schools serving 3040 Highlands By The Lake Way
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Highlands Grove Elementary School 4510 Lakeland Highlands Road, Lakeland, FL 33813 | PK-5 | 1.1 mi |
Lakeland Highlands Middle School 740 Lake Miriam Drive, Lakeland, FL 33813 | 6-8 | 2.8 mi |
George W. Jenkins Senior High School 6000 Lakeland Highlands Road, Lakeland, FL 33813 | 9-12 | 1.4 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 3040 Highlands By The Lake Way
Date
Details
Price
Change
Source
9/03/2026
Sold
$2,000,000
-9.09%
MLS
5/14/2026
Price Reduced
$2,200,000
-2.22%
MLS
2/13/2026
Listed
$2,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3040 Highlands By The Lake Way, Lakeland, FL 33812 (MLS# L4959374) is a Single Family property that was sold at $2,000,000 on September 03, 2026. Want to learn more about 3040 Highlands By The Lake Way? Do you have questions about finding other Single Family real estate for sale in Lakeland? You can browse all Lakeland real estate or contact a Coldwell Banker agent to request more information.

