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  • $845,700

    5040 Highlands By The Lake Dr, Lakeland, FL 33812

    5beds
    3,623sqft
    SingleFamily
    Built in 2002
    0.37 Acres Lot
    $845,700 Zestimate®
    $233/sqft
    $4,033 Estimated rent

    Home value

    $845,700

    $787,000 - $913,000

    $4,033/mo

    Zestimate® history
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    What's special

    A stunning award winning Mediterranean home located in the highly sought after gated South Lakeland community of Highlands by the Lake. This GORGEOUS residence is made for entertaining! A large pavered circular driveway is perfect for gatherings. Upon entering, the gracious Foyer and large Great Room, with a vaulted ceiling, are beautiful! A comfortably sized formal Dining Room is just the thing for family get togethers, and the large screened in lanai and gas heated salt water pool are prefect for barbecues and pool parties! The kitchen with granite counters is open to the Great Room, and a walk in pantry provides ample storage. Several sets of French Doors lead out to the screened lanai also. The home is a triple split plan - so plenty of room for extended families (Master Suite, two bedrooms with a connected bathroom, and a small bonus room off foyer currently being used as an office but could be a fourth bedroom are all on the first floor), while another bedroom with ensuite bathroom is found upstairs - great for a guest room suite, teenager's retreat, or for an office away from it all. The First Floor Master Bedroom looks out over the pool area, and features a lovely tray ceiling, a large walk-in closet and a beautifully appointed bathroom with a HUGE walk-in shower, separate vanities to keep the peace, and a generously sized bath tub! The attention to detail throughout the home is wonderful - the flow of the floor plan is awesome! This home is MUST SEE! Call for a private showing appointment today!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Trash compactor, Washer
    • Laundry: Inside, Laundry Room
    Features
    • Ceiling Fans(s), High Ceiling(s), Master Bedroom Downstairs, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Open Floorplan, Solid Wood Cabinets, Eating Space In Kitchen, Kitchen/Family Room Combo, Wet Bar, Stone Counters, Tray Ceiling(s)
    • Flooring: Tile, Carpet, Hardwood
    • Windows: Blinds
    • Has fireplace: No
    Interior area
    • Structure area source: Public Records
    • Total interior livable area: 3,623 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Levels: Two
    • Patio & porch: Screened
    • Exterior features: Other, Stone, Stucco, Brick
    • Pool features: Heated, Salt Water, Pool Sweep, Screen Enclosure, In Ground, Gunite, Lighting
    • Has spa: Yes
    • Spa features: Heated
    Lot
    • Size: 0.37 Acres
    • Residential vegetation: Mature Landscaping
    Details
    • Parcel number: 242910280559001130

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Spanish/Mediterranean
    Materials
    • masonry
    • Foundation: Retaining Wall
    • Roof: Tile
    Condition
    • Year built: 2002

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Cable Available, BB/HS Internet Available, Electricity Connected, Underground Utilities, Phone Available, Water Connected

    Community & HOA

    Community
    • Security: Gated Community, Security System Owned
    • Subdivision: HIGHLANDS-BY-THE-LAKE PH 01 & PH 02
    HOA
    • Has HOA: Yes
    • Amenities included: Gated, Clubhouse
    • HOA fee: $1,000 monthly
    Location
    • Region: Lakeland

    Financial & listing details

    • Price per square foot: $233/sqft
    • Tax assessed value: $691,046
    • Annual tax amount: $8,935

    Price history

    DateEventPrice
    8/19/2021Sold$740,000+25.6%$204/sqft
    Source: Stellar MLS #L4923323 Report a problem
    4/4/2020Listing removed$589,000$163/sqft
    Source: REMAX EXPERTS #L4914098 Report a problem
    3/18/2020Price change$589,000-1.7%$163/sqft
    Source: REMAX EXPERTS #L4914098 Report a problem
    2/22/2020Listed for sale$599,000+20%$165/sqft
    Source: REMAX EXPERTS #L4914098 Report a problem
    9/21/2013Listing removed$499,000$138/sqft
    Source: Xcellence Realty, Inc #L4643683 Report a problem
    7/26/2013Listed for sale$499,000$138/sqft
    Source: Xcellence Realty, Inc #L4643683 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,935 -3.3%$691,046 -3.1%
    2024$9,240 +5.1%$712,880 +10%
    2023$8,793 +12.4%$648,073 +10%
    2022$7,826 +57.6%$589,157 +48%
    2021$4,967 +0.7%$397,971 +1.4%
    2020$4,934 -0.4%$392,476 +2.3%
    2019$4,955 -9.3%$383,652 +1.9%
    2018$5,465 +1.1%$376,499 +2.1%
    2017$5,406 +23.9%$368,755 +10.5%
    2016$4,363 -1.8%$333,648 +0.7%
    2015$4,441 -4.2%$331,329 +0.8%
    2014$4,637 +4.4%$328,699 +1.5%
    2013$4,441 +2.9%$323,841 +1.7%
    2012$4,317 +0.9%$318,428 +1.9%
    2011$4,278 -9.7%$312,559 -7%
    2010$4,735 -10.3%$336,243 -4.4%
    2009$5,276 +7.2%$351,542 +0.1%
    2008$4,920 $351,191
    2007-- --
    2006$5,419 --
    2005-- --
    2004$4,808 +1.9%--
    2003$4,717 +380.7%$308,100 +435.8%
    2002$981 $57,500
    2001$981 $57,500
    Find assessor info on the county website

    Neighborhood: 33812

    Nearby schools

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

    Source: The 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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    Estimated market value
    $845,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $845,700