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Welcome to Lake Parker, where mornings begin with spectacular sunrises over the water and on occasion views of space shuttle launches from Cape Canaveral. This beautifully positioned lakefront home offers 5 bedrooms, 3. 5 baths, and two primary suites, making it ideal for multigenerational living, hosting guests, or simply enjoying space and flexibility. Set in a quiet, established neighborhood in central Lakeland, this residence offers a rare combination of function, comfort, and long-term peace of mind. A thoughtfully updated open-concept floor plan connects two dining areas, dual laundry rooms, and a spacious kitchen—renovated in 2016—with generous cabinetry, expansive prep space, and views toward the lake. Outside, the property becomes your private retreat. The pool has an electric heater offering year around swimming and was resurfaced in 2018. The paver patio and screened enclosure (also 2018), create the perfect setting for poolside relaxation. A 2017 ThermoSpas hot tub provides a spa-like experience outside on the spacious back porch. This home has been upgraded with both comfort and durability in mind: a new roof over the existing in 2018 offers a double-layer roof system, a new A/C and air handler (2023), a refurbished secondary unit, and a Quantum Dual Remote whole-house air sterilizer installed in 2024. Water heating is powered by solar, and the home is equipped with updated electrical, a termite protection contract, and monthly Orkin service. The fenced backyard features shade trees and gates on both sides for easy access. RV owners will appreciate the dedicated parking pad with electric and water hookups. Hurricane prep is made simple with stored plywood and tap cons, and the property has never lost total power during past storms. Whether you’re seeking a primary residence, multigenerational home, or lakeside retreat, this property delivers a unique combination of natural beauty, thoughtful upgrades, and long-term livability—all just minutes from downtown Lakeland, shopping, and commuter routes.
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Our Executive Mortgage Banker:
Our Insurance Division:
$725,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $580,000 | $580,000 | $580,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.159% | 7.166% | 6.268% |
Monthly Tax Payment | $348 | $348 | $348 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,714 | $3,855 | $4,891 |
Total Monthly Payment | $4,154 | $4,295 | $5,331 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.