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6168 ARBOREA DRIVE

House For Sale
$500,000

BTC: 7.67106474

ETH: 262.79275112

19 days
Waterfront
3 bds
2 ba
1,936 sqft

Overview

NEW SEPTIC AND DRAIN FIELD—SPRING 2026! WATERFRONT POOL HOME WITH BOAT LIFT AND NAVIGABLE ACCESS TO 7,500+ ACRE LAKE WALK-IN-WATER! Tucked away at the end of a quiet street in Indian Lake Estates, this distinctive three-bedroom, two-and-a-half-bath pool home offers the privacy, outdoor space, water access, and income-producing potential that are increasingly difficult to find in Central Florida. Situated on approximately one acre across two parcels, the property includes roughly 220 feet of freshwater canal frontage leading to Lake Walk-in-Water—one of Florida’s best-known trophy bass fishing destinations. Bring the boat, fishing rods, kayaks, and outdoor gear. A covered boathouse and lift provide convenient storage and direct access to miles of boating and fishing opportunities. The home has previously operated as a productive short-term vacation rental, providing a buyer with the flexibility to continue using it as an investment property, enjoy it as a seasonal Florida retreat, or make it a full-time waterfront residence. Financial records should be reviewed separately to evaluate future rental performance. Major improvements include a new septic system and drain field installed in spring 2026, along with a metal roof, boathouse roof, and HVAC system installed in 2022. These substantial updates help reduce some of the larger ownership concerns commonly associated with established waterfront homes. Inside, the single-story layout offers approximately 1,936 square feet, a split-bedroom floor plan, open living spaces, built-in features, a wet bar, and a game or entertainment area. The primary bedroom is generously sized, while the additional bedrooms provide comfortable accommodations for family members or vacation guests. Step outside to the screened swimming pool and covered outdoor living areas, where peaceful surroundings and abundant wildlife create the feeling of a private Florida retreat. The oversized grounds feature mature landscaping, irrigation, storage, and enough room to enjoy the property without feeling crowded by neighboring homes. Indian Lake Estates offers a relaxed community atmosphere with golf, clubhouse facilities, dining, fitness, tennis, pickleball, boating, fishing, and lakefront recreation. Whether purchased for personal enjoyment or investment use, this property delivers a combination of privacy, poolside living, boating access, major recent improvements, and established rental history that separates it from ordinary Lake Wales waterfront listings. This is not simply a home near the water—it is a complete Florida lifestyle property with room to breathe, income potential, and access to one of Polk County’s most recognized fishing lakes

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1986
Lot:
1.00 Acres
Heating:
Central
Price/sqft:
$258
Cooling:
Central Air
HOA:
$771

Valuation

Our model vs. what's actually selling nearby.
Estimate
$329,900
$225K – $468K
Confidence Low
List vs. estimate
$170K above estimate
List $500,000 · +51.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$258
+23.3% vs. city median $209
Based on
9 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,647
2025
HOA
$770/yr
Pool
In Ground
Waterfront
Canal - Freshwater
Furnished
Partially
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Laminate

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Built-in Features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • Open Floorplan

    • Walk-In Closet(s)

    • Wet Bar

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Bathrooms: 1

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Irrigation System / Lighting / Sliding Doors / Storage

    Lot

    • Lot: 1.00 Acres

    Other Property Information

    • Parcel Number: 293101994070026326

    • Zoning: PUD

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Connected

    • Water Connected

  • Other financial information

    • HOA: $771

    • HOA Frequency: Annually

    • Annual tax amount: $4,648

  • Source details

    • MLS ID: L4963476

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Lot Features: In County / Oversized Lot / Unincorporated

    • Patio And Porch Features: Covered / Enclosed / Patio / Screened / Side Porch

    • Pool Features: In Ground / Screen Enclosure

    • Direction Faces: East

    • Other Structures: Shed(s)

    • Waterfront: Yes

    • Water Body Name: LAKE WALK-IN-WATER

    • Living Area: 1936

    • Water Source: Canal/Lake For Irrigation / Well

    • Lot Size Dimensions: 110 x 198

    • Subdivision Name: INDIAN LAKE ESTATES

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: KELLER WILLIAMS REALTY SMART 1