2731 State Road 557, LAKE ALFRED, FL

$699,999

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4

Beds

3

Baths

3,269

Square feet

1.21

Acres

About 2731 State Road 557

Under contract-accepting backup offers. 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.

Features of 2731 State Road 557

MLS® # L4962081
Price $699,999
Bedrooms 4
Bathrooms 3.00
Full Baths 3
Square Footage 3,269
Acres 1.21
Year Built 1978
Type Residential
Sub-Type Single Family Residence
Status Pending
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Listing Details

OfficeTHE MARKET REALTY COMPANY

Listing Map

Neighborhood Information for 2731 State Road 557

Stable Population, Moderate Residential Turnover

Weather

Highs


January 72.40℉
July 92.80℉

Lows


January 71.70℉
July 71.70℉
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Precipitation


50.29

Statistics

Number of Listings

Population Age

Home Listings Prices

Nearby Schools

Great Schools School Name Distance  
Great School

Karen M. Siegel Academy

Public - Preschool to 12Th Grade
2 Miles
Great School

Discovery Academy Of Lake Alfred

Public - 6Th Grade to 8Th Grade
2 Miles
Great School

Discovery High School

Public - 9Th Grade to 12Th Grade
2 Miles
Great School

Lake Alfred-Addair Middle School

Public - 6Th Grade to 8Th Grade - Closest Middle School
2 Miles
Great School

Lake Alfred Elementary School

Public - Preschool to 5Th Grade - Closest Elementry School
3 Miles
Great School

Hartridge Academy

Public - Kindergarten to 5Th Grade
4 Miles
Great School

Walter Caldwell Elementary School

Public - Preschool to 5Th Grade
5 Miles

School data provided by GreatSchools

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