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$460,000
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Property Description
PRICE REDUCTION of another 10k!!! SELLER MOTIVATED!! Welcome Home! NEW PRICE REDUCTION! RARE OPPORTUNITY!! Could divide the LOT and SELL a parcel and Pay down your MORTGAGE!! Don't miss this beautifully maintained and thoughtfully upgraded custom-built home, situated on a spacious 2-acre lot in North Lakeland, Central Florida! This property offers a perfect balance of peaceful rural living and prime location convenience-just minutes from I-4, with easy access to Tampa and Orlando. Nearby you'll find shopping, medical facilities, golf courses, schools, and dining all within close reach. Step into a home full of charm and character, featuring a split-bedroom layout upstairs, where both bedrooms enjoy private ensuite bathrooms and walk-in closets. The main house includes 3 bedrooms and 2 full bathrooms, while the fully equipped 1-bedroom, 1-bath guest house offers additional living space, full kitchen with dishwasher & Frig, complete with furnishings available for purchase. Enjoy peace of mind with major updates already in place: a brand new roof installed in April 2025, and a new AC unit from October 2024! Best of all-no HOA restrictions, giving you the freedom to enjoy rural living your way. The property is zoned RC, allowing you to raise horses, farm animals, chickens, start a vegetable garden, or even keep a cow. The eat-in kitchen features a stunning large picture window, offering beautiful views of the backyard gardens, mature oak trees, and flowering shrubs. You'll love the oak cabinetry with a butcher block-style finish, decorative open shelving, and a massive walk-in pantry perfect for small appliances and grocery storage. Designed for both everyday comfort and entertaining, this home includes formal living and dining rooms, a sunken family room for relaxing, and a layout that's full of custom details-vaulted ceilings, high and corner windows, alcoves for your favorite furniture pieces, and more. Bedroom #3 features an oversized walk-in closet measuring 11.5' x 6', which can also serve as an office, bonus room, or air-conditioned storage space. The guest apartment includes a private bedroom with a sink, walk-in shower, water closet, and full-sized laundry closet-ideal for visitors or multigenerational living. Outside, you'll find a spacious open patio, beautifully shaded by mature oaks-ideal for relaxing or entertaining. The generous driveway accommodates multiple vehicles, with plenty of room for a golf cart, RV, or boat. While there's no garage currently, the lot offers ample space to build the structure of your dreams. There's even the potential to subdivide the lot in the future if desired. This is a rare opportunity to own a truly unique home with incredible flexibility and value. Schedule your private tour today-before it's gone!
Full Property Details
Full Property Details for 7721 Forest Way
General
- Price: $460,000
- Taxes: $1,193 (2024)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: L4952712
- Updated: 11/11/2025
- Added to Site: 256 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 11
- Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
- Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer, Water Filtration System, Water Softener
- Furnishings: Negotiable
- Flooring: Carpet, Ceramic Tile, Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside, Laundry Room
Additional Information
- Security/Safety: Security Lights, Smoke Detector(s)
Exterior
- Exterior Features: Irrigation System, Lighting, Private Mailbox, Rain Gutters, Sidewalk
- Deck/Patio: Covered, Front Porch, Rear Porch, Screened, Side Porch
- Porch/Patio/Deck: Covered, Front Porch, Rear Porch, Screened, Side Porch
Parking
- Parking Features: Driveway, Oversized, Parking Pad
Location
- Area: 33810 - Lakeland
- County: Polk
- Development Name: 33810 - Lakeland
- Subdivision: ROLLING OAK ESTATES
- Driving Directions: I-4 to Exit for Kathleen rd. travel north to Duff road. Turn left on Duff rd. Go to stop sign turn right onto Catherine drive. Take your first left onto Rolling Oak Dr. follow to the end and turn right at the curve onto Forest way. Home is located after the first intersection on the right side. 7721 Forest way.
- Direction Faces: West
Community
- Community Name: 33810 - Lakeland
Heating & Cooling
- Cooling Type: Central Air, Wall/Window Unit(s)
- Heating Type: Electric, Exhaust Fan, Heat Pump, Wall Furnace
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: BB/HS Internet Available, Cable TV Available, Cable Connected, Electricity Connected, Sprinkler Well, Street Lights, Water Connected
Structural Information
- Exterior Const.: Cedar, Wood Frame
- Roof: Shingle
- Windows: Double Pane Windows, Drapes, ENERGY STAR Qualified Windows, Rods, Shades, Storm Window(s), Window Treatments
- Stories/Levels: Multi/Split
- Square Feet: 2,400
- Sq. Ft. Source: Public Records
- Year Built: 1987
Additional Structures
- Other Structures: Guest House
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 2
- Lot Size (Sq. Ft.): 87,333
- Lot Size: 2.0049
- Lot Dimensions: 264 x 300
- Frontage: Street Paved
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $1,193.68
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: N 330 FT OF S 660 FT OF W 264 FT OF E 1320 FT OF NE1/4 OF NW1/4 BEING LOTS 132 & 133 UNREC ROLLING OAK ESTS
- Flood Zone Info: A, X
- APN: 232717000000031150
- Property ID: 232717000000031150
Listed by Keller Williams Realty Smart
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Schools
Schools serving 7721 Forest Way
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Kathleen Elementary School 3515 Sherertz Road, Lakeland, FL 33810 | PK-5 | 1.4 mi |
Kathleen Senior High School 1100 Red Devil Way, Lakeland, FL 33815 | 9-12 | 6.2 mi |
Kathleen Middle School 3627 Kathleen Pines Avenue, Lakeland, FL 33810 | 6-8 | 1.4 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 7721 Forest Way
Date
Details
Price
Change
Source
11/11/2025
Price Reduced
$460,000
-2.13%
MLS
9/24/2025
Price Reduced
$470,000
-1.24%
MLS
8/22/2025
Price Reduced
$475,900
-0.83%
MLS
7/18/2025
Price Reduced
$479,900
-2.06%
MLS
5/06/2025
Listed
$490,000
—
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 7721 Forest Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$307
-54%
$86,991
3%
2024
$665
20%
$84,539
3%
2023
$554
-45%
$82,077
6%
2021
$1,003
98%
$77,365
-3%
2022
$506
-50%
$79,686
4%
2021
$1,003
14%
$76,297
4%
2017
$882
—
$73,191
2%
2017
$882
3%
$71,686
2%
2016
$859
-1%
$70,212
1%
2015
$872
-5%
$69,724
-7%
2019
$917
12%
$74,582
8%
2014
$817
-1%
$69,171
1%
2013
$825
—
$68,149
—
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 7721 Forest Way
7721 Forest Way, Lakeland, FL 33810 (MLS# L4952712) is a Single Family property with 4 bedrooms and 3 full bathrooms. 7721 Forest Way is currently listed for $460,000 and was received on May 06, 2025. Want to learn more about 7721 Forest 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.

