920 Lake Cove Trail, Lakeland, FL 33813
Local realty services provided by:Better Homes and Gardens Real Estate Atchley Properties
Listed by: debbie ward-terry
Office: regal real estate llc.
MLS#:L4961807
Source:MFRMLS
Price summary
- Price:$350,000
- Price per sq. ft.:$137.69
About this home
Short Sale!!! Investor opportunity with endless potential on Little Lake Victoria! This rare short sale property sits on 1.68 secluded acres in South Lakeland on a private peninsula with water on three sides, offering breathtaking lake views from nearly every room. If you’ve been searching for a one-of-a-kind waterfront estate to renovate and transform into something spectacular, this is it. The main home features 4 bedrooms and 3 bathrooms, including a private 4th bedroom suite located off the garage with its own entrance and bathroom — ideal for an older child wanting independence, guests, a home office, or multigenerational living. While the home needs significant updating and repairs, the setting and layout offers incredible possibilities for the right buyer with vision. Adding even more value and opportunity is the detached 2 bedroom, 2 bathroom cottage located on the property. The cottage is currently not livable after sustaining major roof damage during the last hurricane, but the potential is undeniable. With extensive renovation, it could become an income-producing rental, AirBnB, guest house, or the perfect detached in-law home for an amazing family compound. Important updates already completed on the main home include a new roof, septic system, and drainfield in 2020, along with a new AC in 2017. This property is being sold as a short sale and will require lender approval. The listed price is not guaranteed to be the final accepted sales price. Buyers should expect a lender response time of approximately 60–90 days. Cash offers only due to the condition of the property. Bring your vision, roll up your sleeves, and look beyond the tall grass and deferred maintenance — because this hidden waterfront estate could truly become paradise once again. NO SITE UNSEEN OFFERS WILL BE CONSIDERED!...
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Home facts
- Year built:1974
- Listing ID #:L4961807
- Added:3 day(s) ago
- Updated:May 15, 2026 at 02:16 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Carpet, Ceramic Tile, Laminate, Tile
- Dining Description:Living Room/Dining Room Combo
- Kitchen Description:Built-In Oven, Cooktop, Dishwasher, Range Hood, Refrigerator
- Bedroom Description:Primary Bedroom Main Floor, Walk-In Closet(s)
- Living area:2,542 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1974
- Building area:2,542 sq. ft.
- Lot area:1.68 Acres
- Lot Features:Paved
- Architectural Style:Florida
- Construction Materials:Wood Siding
- Exterior Features:Balcony, Covered Porch/Patio, Deck, Enclosed, Patio, Porch, Rear Porch, Screened, Side Porch, Wrap Around
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$350,000
- Price per sq. ft.:$137.69
- Tax amount:$7,452 (2025)
Features and amenities
- Appliances:Built-in Oven, Cooktop, Dishwasher, Range Hood, Refrigerator
- Laundry features:Inside
- Amenities:Cable Available, Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Walk-In Closet(s)
- Pool features:Public Pool
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