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For sale
    • Price cut: $15K (5/23)
    $650,000

    5905 Magnolia Ln, Lakeland, FL 33810

    4beds
    3,213sqft
    : 
    $4,259/mo
    Get pre-qualified
    Single Family Residence
    Built in 1962
    1.32 Acres Lot
    $639,500 Zestimate®
    $202/sqft
    $-- HOA

    What's special

    Deep wrap-around porchElectric entry gateFresh interior paintInside laundry roomExpansive circular driveway
    Virtually Staged. BACK ON MARKET AFTER BUYERS LOAN DENIED. This unique one-of-a-kind property tons of possibilities and is ready for the next chapter. If you require a workshop or space for RV or boat storage and prefer to avoid HOA restrictions, this property affords an excellent solution. Situated on nearly 1.5 acres, it features a 3,200+ square foot main residence, along with a detached barn/workshop that includes a partially finished living area above. Entry is secured by a private electric gate, enhancing safety and privacy. The expansive circular driveway leads to a deep wrap-around porch, welcoming you to this impressive tri-level home. The main and center level encompasses formal living and dining rooms, a traditional country-style kitchen with brick accented walls, and picture windows that provide views of the screened, enclosed pool. Adjacent to the kitchen, a breakfast nook overlooks the pool area. Upstairs, there are three spacious bedrooms, including the primary suite with its own private bath. The lower level provides a large bonus room (or fourth bedroom) featuring a fully ADA-accessible bathroom and an inside laundry room. The side-entry garage offers direct access to both the bonus and utility rooms. Recent updates include fresh interior paint, county water for potable use, irrigation from a well, a completely new septic system (tank and drain field) installed in 2026 days, and two traditional AC units servicing the main house. Nearby, the nearly 2,000-square-foot barn/workshop boasts a second floor, partially finished living area (approximately 500 square feet not counted in the main dwelling’s SF), cooled by a geothermal heat pump (GHP). Additional amenities include the electric entry gate and a private pond in the front yard, which could be stocked for recreational fishing. There is potential for establishing a “family compound,” as the adjoining property may be available for separate purchase. It shares part of the circular driveway, but has its own gated entrance, and could afford shared equity for multiple owners or multi-generational households. This property is ideally suited for individuals who own work vehicles or operate small businesses and want to avoid HOA conflicts. Showings are easy to arrange; please schedule an appointment. No trespassing is permitted.
    185 days
    |
    869
    |
    57
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeri Thom 863-602-1881,

    PREMIER REALTY NETWORK, INC 863-646-6688

    Source: Stellar MLS,MLS#: L4958649MLS LogoOriginating MLS: Lakeland

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Family Room
      Primary bedroom
      • Features: Ceiling Fan(s), Walk-In Closet(s)
      • Level: Second
      • Area: 304 Square Feet
      • Dimensions: 19x16
      Bedroom 2
      • Features: Ceiling Fan(s), Built-in Closet
      • Level: Second
      • Area: 156 Square Feet
      • Dimensions: 12x13
      Bedroom 3
      • Features: Ceiling Fan(s), Built-in Closet
      • Level: Second
      • Area: 182 Square Feet
      • Dimensions: 13x14
      Primary bathroom
      • Features: Dual Sinks, Other, Split Vanities, Tub with Separate Shower Stall, No Closet
      • Level: Second
      • Area: 140 Square Feet
      • Dimensions: 10x14
      Bonus room
      • Features: Ceiling Fan(s), No Closet
      • Level: Third
      • Area: 432 Square Feet
      • Dimensions: 24x18
      Dinette
      • Level: First
      • Area: 81 Square Feet
      • Dimensions: 9x9
      Dining room
      • Level: First
      • Area: 176 Square Feet
      • Dimensions: 16x11
      Kitchen
      • Level: First
      • Area: 228 Square Feet
      • Dimensions: 19x12
      Laundry
      • Level: Third
      • Area: 72 Square Feet
      • Dimensions: 8x9
      Living room
      • Features: Ceiling Fan(s)
      • Level: First
      • Area: 336 Square Feet
      • Dimensions: 14x24
      Heating
      • Central, Zoned
      Cooling
      • Central Air, Zoned
      Appliances
      • Included: Oven, Cooktop, Dishwasher, Microwave, Refrigerator
      • Laundry: Inside, Laundry Room
      Features
      • Ceiling Fan(s), Crown Molding, PrimaryBedroom Upstairs, Solid Wood Cabinets, Walk-In Closet(s)
      • Flooring: Carpet, Laminate, Tile, Hardwood
      • Has fireplace: No
      Interior area
      • Total structure area: 4,404
      • Total interior livable area: 3,213 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Circular Driveway, Driveway, Garage Door Opener, Garage Faces Side, Ground Level, Other
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: Accessible Full Bath, Visitor Bathroom
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Front Porch, Rear Porch, Screened, Side Porch, Wrap Around
      • Exterior features: Lighting, Private Entrance, Private Mailbox
      • Has private pool: Yes
      • Pool features: Gunite, In Ground, Screen Enclosure
      • Fencing: Masonry,Other,Vinyl
      • Has view: Yes
      • View description: Pool, Water, Pond
      • Has water view: Yes
      • Water view: Water,Pond
      Lot
      • Size: 1.32 Acres
      • Dimensions: 175 x 290
      • Features: In County, Irregular Lot
      • Residential vegetation: Mature Landscaping
      Details
      • Additional structures: Barn(s), Other, Storage, Workshop
      • Parcel number: 232722000000012030
      • Zoning: RC
      • Special conditions: None
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Custom,Ranch
      • Property subtype: Single Family Residence
      Materials
      • Brick, Stucco, Wood Frame
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • Completed
      • New construction: No
      • Year built: 1962

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public, Well
      • Utilities for property: Cable Connected, Electricity Connected, Phone Available, Sprinkler Well, Water Connected

      Community & HOA

      Community
      • Security: Security Gate, Smoke Detector(s)
      • Pet fee: $0 monthly
      • Subdivision: SILVER LAKES REP
      HOA
      • Has HOA: No
      Location
      • Region: Lakeland

      Financial & listing details

      • Price per square foot: $202/sqft
      • Tax assessed value: $507,007
      • Annual tax amount: $3,518
      • Date on market: 1/22/2026
      • Cumulative days on market: 172 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved, Asphalt

        Estimated market value

        $639,500

        $608,000 - $671,000

        $3,241/mo

        Price history

        DateEventPrice
        7/9/2026Listed for sale$650,000$202/sqft
        Source: Stellar MLS #L4958649 Report a problem
        7/8/2026Contingent$650,000$202/sqft
        Source: Stellar MLS #L4958649 Report a problem
        6/25/2026Pending sale$650,000$202/sqft
        Source: Stellar MLS #L4958649 Report a problem
        5/23/2026Price change$650,000-2.3%$202/sqft
        Source: Stellar MLS #L4958649 Report a problem
        1/22/2026Listed for sale$665,000+68.4%$207/sqft
        Source: Stellar MLS #L4958649 Report a problem
        3/20/2015Listing removed$395,000$123/sqft
        Source: RE/MAX Anchor Realty #D5791919 Report a problem
        3/21/2013Listed for sale$395,000-28.2%$123/sqft
        Source: RE/MAX Hometown Properties #D5791919 Report a problem
        6/19/2012Listing removed$550,000$171/sqft
        Source: Kathy Betancourt #D5786914 Report a problem
        10/26/2011Price change$550,000-15.4%$171/sqft
        Source: Coldwell Banker Residential Real Estate - Lakeland #L4612551 Report a problem
        7/30/2010Price change$650,000-3.7%$202/sqft
        Source: NRT Florida #L4612551 Report a problem
        7/15/2010Price change$675,000-2.9%$210/sqft
        Source: NRT Florida #L4612551 Report a problem
        7/18/2009Price change$695,000-4.1%$216/sqft
        Source: NRT Florida #L4612551 Report a problem
        1/18/2009Listed for sale$725,000-8.8%$226/sqft
        Source: NRT Florida #L4612551 Report a problem
        8/16/2008Listing removed$795,000$247/sqft
        Source: Century 21 #L4608466 Report a problem
        5/11/2008Price change$795,000-6.5%$247/sqft
        Source: Century 21 #L4608466 Report a problem
        3/5/2008Listed for sale$850,000+423.1%$265/sqft
        Source: Century 21 Report a problem
        12/27/1993Sold$162,500$51/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,738 +3.2%$256,957 +2.9%
        2024$2,653 +2.3%$249,715 +3%
        2023$2,594 +0%$242,442 +3%
        2022$2,594 -0.7%$235,381 +3%
        2021$2,612 +0.8%$228,525 +1.4%
        2020$2,592 -0.5%$225,370 +2.3%
        2019$2,604 -14%$220,303 +1.9%
        2018$3,028 +1.6%$216,195 +2.1%
        2017$2,979 +19.3%$211,748 +2.1%
        2016$2,497 -1.8%$207,393 +0.7%
        2015$2,542 -7.7%$205,951 +0.8%
        2014$2,753 +8.5%$204,316 +1.5%
        2013$2,538 -13%$201,297 -11.5%
        2012$2,916 -5.4%$227,373 -3.6%
        2011$3,083 -15.1%$235,768 -11.4%
        2010$3,632 -22.5%$266,052 -15.7%
        2009$4,684 -3.5%$315,482 -8.7%
        2008$4,855 $345,647
        2007-- --
        2006$6,378 --
        2005-- --
        2004$2,635 0%--
        2003$2,636 +3.2%$183,690 +4.9%
        2002$2,554 +26%$175,181 +21.8%
        2001$2,028 $143,820
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33810

        Getting around

        7 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Dr. N. E Roberts Elem
        • Middle: Sleepy Hill Middle
        • High: Kathleen 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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