5905 Magnolia Lane, Lakeland, FL 33810
- $650,000
- 4
- BD
- 4
- BA
- 3,213
- SqFt
- List Price
- $650,000
- Status
- Active
- Days on Market
- 188
- Price Change
- ▼ $15,000 1779580663
- MLS#
- L4958649
- Property Style
- Single Family
- Architectural Style
- Custom, Ranch
- Year Built
- 1962
- Bedrooms
- 4
- Bathrooms
- 4
- Baths Half
- 1
- Living Area
- 3,213
- Lot Size
- 57,700
- Acres
- 1.32
- Total Acreage
- 1 to less than 2
- Legal Subdivision Name
- Silver Lakes Rep
- MLS Area Major
- Lakeland
Property Description
Virtually Staged. BACK ON MARKET AFTER BUYERS LOAN DENIED. This unique one-of-a-kind property tons of possibilities and is ready for the next chapter. If you require a workshop or space for RV or boat storage and prefer to avoid HOA restrictions, this property affords an excellent solution. Situated on nearly 1.5 acres, it features a 3,200+ square foot main residence, along with a detached barn/workshop that includes a partially finished living area above. Entry is secured by a private electric gate, enhancing safety and privacy. The expansive circular driveway leads to a deep wrap-around porch, welcoming you to this impressive tri-level home. The main and center level encompasses formal living and dining rooms, a traditional country-style kitchen with brick accented walls, and picture windows that provide views of the screened, enclosed pool. Adjacent to the kitchen, a breakfast nook overlooks the pool area. Upstairs, there are three spacious bedrooms, including the primary suite with its own private bath. The lower level provides a large bonus room (or fourth bedroom) featuring a fully ADA-accessible bathroom and an inside laundry room. The side-entry garage offers direct access to both the bonus and utility rooms. Recent updates include fresh interior paint, county water for potable use, irrigation from a well, a completely new septic system (tank and drain field) installed in 2026 days, and two traditional AC units servicing the main house. Nearby, the nearly 2,000-square-foot barn/workshop boasts a second floor, partially finished living area (approximately 500 square feet not counted in the main dwelling’s SF), cooled by a geothermal heat pump (GHP). Additional amenities include the electric entry gate and a private pond in the front yard, which could be stocked for recreational fishing. There is potential for establishing a “family compound,” as the adjoining property may be available for separate purchase. It shares part of the circular driveway, but has its own gated entrance, and could afford shared equity for multiple owners or multi-generational households. This property is ideally suited for individuals who own work vehicles or operate small businesses and want to avoid HOA conflicts. Showings are easy to arrange; please schedule an appointment. No trespassing is permitted.
Additional Information
- Taxes
- $3518
- Minimum Lease
- No Minimum
- Location
- In County, Irregular Lot, Paved
- Community Features
- No Deed Restriction
- Property Description
- Two Story
- Zoning
- RC
- Interior Layout
- Ceiling Fans(s), Crown Molding, PrimaryBedroom Upstairs, Solid Wood Cabinets, Walk-In Closet(s)
- Interior Features
- Ceiling Fans(s), Crown Molding, PrimaryBedroom Upstairs, Solid Wood Cabinets, Walk-In Closet(s)
- Floor
- Carpet, Laminate, Tile, Wood
- Appliances
- Built-In Oven, Cooktop, Dishwasher, Microwave, Refrigerator
- Utilities
- Cable Connected, Electricity Connected, Phone Available, Sprinkler Well, Water Connected
- Heating
- Central, Zoned
- Air Conditioning
- Central Air, Zoned
- Exterior Construction
- Brick, Stucco, Frame
- Exterior Features
- Lighting, Private Entrance, Private Mailbox
- Roof
- Shingle
- Foundation
- Slab
- Pool
- Private
- Pool Type
- Gunite, In Ground, Screen Enclosure
- Garage Carport
- 2 Car Garage
- Garage Spaces
- 2
- Garage Features
- Circular Driveway, Driveway, Garage Door Opener, Garage Faces Side, Ground Level, Other
- Elementary School
- Dr. N. E Roberts Elem
- Middle School
- Sleepy Hill Middle
- High School
- Kathleen High
- Fences
- Masonry, Other, Vinyl
- Water View
- Pond
- Pets
- Allowed
- Flood Zone Code
- X
- Parcel ID
- 23-27-22-000000-012030
- Legal Description
- BEG SE COR OF NE1/4 RUN W 175 FT N 297 FT E 175 FT S 297 FT TO POB LESS MAINT R/W FOR MAGNOLIA LN & BEG SE COR OF NE1/4 RUN W 175 FT FOR POB W 237 FT N 185.11 FT E 237 FT S 185.11 FT TO POB LESS MAINT R/W FOR MAGNOLIA LN & BEG SE COR OF NE1/4 RUN N 2 97 FT TO POB W 175 FT N 33 FT E 175 FT S 33 FT TO POB & PARCEL 1 OF SILVER LAKES REPLAT AS REC IN PB 97 PGS 19 & 20 LESS COMM SE COR OF NE1/4 OF SD SEC 22 W ALONG S LINE 231.30 FT TO POB N11-13-10E 73.32 FT N 13-10-30E 45.92 FT N29-00-00E 28.12 FT N3 6-15-10E 21.20 FT N 02-20-50W 172 FT TO SWLY R/W OF RE'S CIRCLE S45-18-34W ALONG SD R/W LINE 90.43 FT TO BEG OF CURVE SWLY ALONG SD R/W 178.38 FT S 197.55 FT TO SD S LINE E ALONG SD S LINE 180.70 FT TO POB
Listing courtesy of PREMIER REALTY NETWORK, INC. 863-646-6688
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