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Under contract
  • $2,200,000

    3040 HIGHLANDS BY THE LAKE WAY, LAKELAND, FL 33812

    6beds
    5,340sqft
    : 
    $13,816/mo
    Get pre-qualified
    Single Family Residence
    Built in 2006
    0.94 Acres Lot
    $2,095,900 Zestimate®
    $412/sqft
    $125/mo HOA

    What's special

    Six-bedroom five-and-a-half-bathroom estateNew light fixtures throughoutElectric privacy curtainsIntegrated sonos surround-sound systemStainless-steel utility suiteMagnificent domed dining roomGas cooktop
    Under contract-accepting backup offers. The epitome of Florida lakefront living, this six-bedroom, five-and-a-half-bathroom estate in the gated Highlands by the Lake community offers a rare synthesis of architectural grandeur and meticulous modern stewardship. Situated on nearly an acre with direct frontage on Banana Lake, the residence is introduced by an arrival sequence featuring iron Cantera doors that open to soaring 13-to-16-foot ceilings and a magnificent domed dining room. The interior is defined by a sophistication, where pocketing sliding doors and tinted rear windows dissolve the boundaries between the refined living spaces and the verdent lakeside setting. The home’s infrastructure has been rigorously modernized, featuring a 5-HP Trane HVAC system (2025), a secondary upstairs unit with a dedicated dehumidifier (2026), and two new tankless water heaters (2025). New, high-efficiency Pella windows constitute all but 6 windows throughout the home, complemented by whole-home surge protection, whole home Mulligan water filtration system, and an ADT security array consisting of 14 perimeter cameras. The culinary center is a testament to functional luxury, equipped with a gas cooktop, custom all-wood cabinetry, a new garbage disposal (2024), and a stainless-steel utility suite. While the kitchen’s digital hub and the home’s televisions do not convey, the residence is a technological fortress, wired for 7G connectivity with an integrated Sonos surround-sound system and a theater room featuring SONY cinema equipment. The primary wing has been thoughtfully updated with 2023 luxury vinyl flooring, electric privacy curtains, and a primary bath featuring a bidet and "Closets by Design" cabinetry. Additional interior highlights include a Jack-and-Jill suite completely renovated in 2024, new light fixtures throughout, and three distinct garage bays featuring insulated doors, epoxy flooring, a Tesla charger, and significant integrated storage. Outdoor living is elevated by a saltwater Pentair pool—equipped with a 2024 pump and auto-refill system—housed within a cage featuring 2024 lighting and a 2025 screen replacement. The grounds are illuminated by architectural lighting and protected by a "Bug Slayer" system and a transferable septic maintenance subscription. A Trex elevated party deck leads to the water's edge, where a recently improved dock and electric lift provide seamless access to Banana Lake. Residents of this exclusive enclave enjoy not only profound privacy but also a suite of community amenities, including a clubhouse, pool, pickleball, and tennis courts, all positioned strategically within the I-4 corridor between Tampa and Orlando.The current mortgage is a VA assumable loan at a 5%interest rate. Please inquire for more information.
    189 days
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    456
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    15
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    Zillow last checked:

    Listing updated:

    Listed by:

    Maggie Olivera 863-559-9178,

    KELLER WILLIAMS REALTY 863-577-1234

    Source: Stellar MLS,MLS#: L4959374MLS LogoOriginating MLS: Lakeland

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 6
      • Full bathrooms: 5
      • 1/2 bathrooms: 1
      Primary bedroom
      • Features: Built-in Closet
      • Level: Second
      Kitchen
      • Level: First
      Living room
      • Level: First
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Cooktop, Disposal, Dryer, Other, Washer
      • Laundry: Other
      Features
      • Cathedral Ceiling(s), Ceiling Fan(s), Solid Wood Cabinets
      • Flooring: Luxury Vinyl
      • Has fireplace: Yes
      • Fireplace features: Gas
      Interior area
      • Total structure area: 7,582
      • Total interior livable area: 5,340 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage - Attached
      • Attached garage spaces: 3
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Other
      • Has private pool: Yes
      • Pool features: Salt Water, Screen Enclosure
      • Has view: Yes
      • View description: Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Lake - Chain of Lakes, Lake Privileges
      Lot
      • Size: 0.94 Acres
      Details
      • Parcel number: 242910280559001290
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Foundation: Slab
      • Roof: Other
      Condition
      • New construction: No
      • Year built: 2006

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Electricity Connected

      Community & HOA

      Community
      • Features: Clubhouse, Gated Community - No Guard, Pool, Tennis Court(s)
      • Pet fee: $0 monthly
      • Subdivision: HIGHLANDS/LK PH I & II
      HOA
      • Has HOA: Yes
      • HOA fee: $125 monthly
      • HOA name: Highlands By The Lake Property Owners Association
      • Second HOA phone: 352-366-0234
      Location
      • Region: Lakeland

      Financial & listing details

      • Price per square foot: $412/sqft
      • Tax assessed value: $1,569,551
      • Annual tax amount: $863
      • Date on market: 2/13/2026
      • Cumulative days on market: 173 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $2,095,900

        $1.99M - $2.20M

        $5,238/mo

        Price history

        DateEventPrice
        8/4/2026Contingent$2,200,000$412/sqft
        Source: Stellar MLS #L4959374 Report a problem
        5/14/2026Price change$2,200,000-2.2%$412/sqft
        Source: Stellar MLS #L4959374 Report a problem
        3/3/2026Listed for sale$2,250,000$421/sqft
        Source: Stellar MLS #L4959374 Report a problem
        2/17/2026Pending sale$2,250,000$421/sqft
        Source: Stellar MLS #L4959374 Report a problem
        2/13/2026Listed for sale$2,250,000+31%$421/sqft
        Source: Stellar MLS #L4959374 Report a problem
        4/20/2022Sold$1,717,500-4.6%$322/sqft
        Source: Public Record Report a problem
        3/2/2022Pending sale$1,800,000$337/sqft
        Source: Stellar MLS #L4928181 Report a problem
        2/25/2022Listed for sale$1,800,000+82.7%$337/sqft
        Source: Stellar MLS #L4928181 Report a problem
        10/12/2015Sold$985,000-0.5%$184/sqft
        Source: Stellar MLS #L4708816 Report a problem
        9/9/2015Listed for sale$990,000+33.3%$185/sqft
        Source: COLDWELL BANKER RESIDENTIAL RE #L4708816 Report a problem
        2/25/2013Sold$742,599+14.3%$139/sqft
        Source: Public Record Report a problem
        12/29/2012Listed for sale$649,900-43.5%$122/sqft
        Source: Real Estate Investment & Asset Services #P4623605 Report a problem
        6/7/2012Listing removed$1,150,000$215/sqft
        Source: Webpro Realty Llc Report a problem
        6/2/2012Listed for sale$1,150,000$215/sqft
        Source: Webpro Realty Llc Report a problem
        10/3/2011Listing removed$1,150,000$215/sqft
        Source: Webpro Realty Llc Report a problem
        8/19/2011Listed for sale$1,150,000$215/sqft
        Source: Webpro Realty Llc Report a problem
        7/12/2011Listing removed$1,150,000$215/sqft
        Source: Exit Realty Of Lakeland Report a problem
        6/22/2011Listed for sale$1,150,000$215/sqft
        Source: Exit Realty Of Lakeland Report a problem
        5/6/2011Listing removed$1,150,000$215/sqft
        Source: Exit Realty Of Lakeland Report a problem
        2/25/2011Listed for sale$1,150,000$215/sqft
        Source: Exit Realty Of Lakeland Report a problem
        10/29/2010Listing removed$1,150,000$215/sqft
        Source: Exit Realty of Lakeland #L4614103 Report a problem
        10/30/2009Price change$1,150,000-11.5%$215/sqft
        Source: Exit Realty Of Lakeland Report a problem
        10/3/2009Listed for sale$1,299,000-7.2%$243/sqft
        Source: Exit Realty Of Lakeland Report a problem
        8/8/2009Listing removed$1,399,900$262/sqft
        Source: Exit Realty of Lakeland #L4614103 Report a problem
        7/2/2009Price change$1,399,900+0.1%$262/sqft
        Source: Exit Realty of Lakeland #L4614103 Report a problem
        5/25/2009Listed for sale$1,399,000+299.7%$262/sqft
        Source: HotPads.com #L4614103 Report a problem
        5/29/2003Sold$350,000+141.4%$66/sqft
        Source: Public Record Report a problem
        3/27/2000Sold$145,000$27/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $1,499,573 +2.9%
        2024-- $1,457,311 +0.6%
        2023-- $1,449,056 +39.8%
        2022$13,241 -1.1%$1,036,420 +3%
        2021$13,394 +0.6%$1,006,233 +1.4%
        2020$13,316 -1.4%$992,340 +1.5%
        2019$13,509 -3.6%$977,830 +1.6%
        2018$14,018 +0.5%$962,420 +0.7%
        2017$13,947 +5.1%$955,977 +2.1%
        2016$13,272 -9.4%$936,314 -3.1%
        2015$14,646 +20%$966,614 +14%
        2014$12,203 +5.9%$848,092 +18.1%
        2013$11,520 +14.7%$718,414 +10%
        2012$10,047 -11%$653,104 -10%
        2011$11,287 -3.2%$725,269 -6.2%
        2010$11,662 -30.8%$772,970 -25.5%
        2009$16,857 +1.7%$1,038,008 -5.1%
        2008$16,578 $1,093,613
        2007-- --
        2006$3,100 --
        2005-- --
        2004$2,666 --
        2003$2,666 +4.1%$160,000 +6.7%
        2002$2,560 $150,000
        2001$2,560 $150,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 33812

        Getting around

        0 / 100
        Car-Dependent
        24 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Highland Grove Elem
        • Middle: Lakeland Highlands Middl
        • High: George Jenkins High

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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