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417 (BLK 172 LOT 16) MAGNOLIA DRIVE

Lots/Land For Sale
$19,000

BTC: 0.29687500

ETH: 10.55555556

20 days
0 room(s)

Overview

Each parcel in Indian Lake Estates has unique characteristics and deserves its own description. Put your 4WD in gear! This unfinished road makes coming home just a little more fun for everyone. The roads are paved to this home, except for the last 50 feet. This lot requires a septic tank, and the electric pole is two lots down from this parcel. You will have a choice of private well, community water, or both. The lot is centrally located five minutes from the clubhouse and seven minutes from the fishing pier. The roads are privately maintained, so take your golf cart to play a round of golf, meet friends at the clubhouse restaurant or to play a game of pool, or watch the sun set over the largest lake in Polk County, Lake Weohyakapka. Your future home would be located a mile from the public golf course and the community clubhouse, which offers tennis and pickleball courts, two playgrounds, a driving range, a putting green, a game room, and a restaurant open 7 days a week. Residents also have access to the fishing pier, the waterfront pavilion, the marina (fees apply), and the community boat access, just a few miles away in the most Western part of the community. An additional restaurant is available in the commercial area of the neighborhood, along with the storage facility. Take a drive out and experience the perfect blend of activity and privacy in Indian Lake Estates, a deed restricted community. Indian Lake Estates (ILE) is 17 miles from Lake Wales, and a little over an hour to Orlando, Vero Beach, and Tampa for airports, cruise ports, or attractions. As you begin to plan your future in Florida, consider living a serene and private life in this neighborhood of Indian Lake Estates. The active community offers concerts, karaoke and trivia nights, weekly card and domino games, bingo, movie nights, a book club, PLUS basketball, pickleball and tennis courts, just to name a few.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.50 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
$396

Valuation

Our model vs. what's actually selling nearby.
Estimate
$68,000
$55K – $100K
Confidence Low
List vs. estimate
$49K below estimate
List $19,000 · -72.1%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
95 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$109
2025
HOA
$396/yr
Private Road
Pets
Allowed
All facts and features
  • Lot

    • Lot: 0.50 Acres

    Other Property Information

    • Parcel Number: 303107994050017216

    • Zoning: PUD

  • Type and style

    • Property Type: Land

  • Utility

    • Electrical Nearby

    • Water Available

  • Other financial information

    • HOA: $396

    • HOA Frequency: Annually

    • Annual tax amount: $109

  • Source details

    • MLS ID: TB8503230

    Other facts

    • Water Source: None

    • Lot Size Dimensions: 100 x 218

    • Subdivision Name: INDIAN LAKE ESTATES

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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: SIGNATURE REALTY ASSOCIATES