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For sale
  • $500,000

    6168 ARBOREA DRIVE, INDIAN LAKE ESTATES, FL 33855

    3beds
    1,936sqft
    : 
    $3,304/mo
    Get pre-qualified
    Single Family Residence
    Built in 1986
    0.5 Acres Lot
    $475,500 Zestimate®
    $258/sqft
    $64/mo HOA

    What's special

    Boat liftWaterfront pool homeSingle-story layoutOpen living spacesWet barScreened swimming poolCovered boathouse and lift
    NEW SEPTIC AND DRAIN FIELD—SPRING 2026! WATERFRONT POOL HOME WITH BOAT LIFT AND NAVIGABLE ACCESS TO 7,500+ ACRE LAKE WALK-IN-WATER! Tucked away at the end of a quiet street in Indian Lake Estates, this distinctive three-bedroom, two-and-a-half-bath pool home offers the privacy, outdoor space, water access, and income-producing potential that are increasingly difficult to find in Central Florida. Situated on approximately one acre across two parcels, the property includes roughly 220 feet of freshwater canal frontage leading to Lake Walk-in-Water—one of Florida’s best-known trophy bass fishing destinations. Bring the boat, fishing rods, kayaks, and outdoor gear. A covered boathouse and lift provide convenient storage and direct access to miles of boating and fishing opportunities. The home has previously operated as a productive short-term vacation rental, providing a buyer with the flexibility to continue using it as an investment property, enjoy it as a seasonal Florida retreat, or make it a full-time waterfront residence. Financial records should be reviewed separately to evaluate future rental performance. Major improvements include a new septic system and drain field installed in spring 2026, along with a metal roof, boathouse roof, and HVAC system installed in 2022. These substantial updates help reduce some of the larger ownership concerns commonly associated with established waterfront homes. Inside, the single-story layout offers approximately 1,936 square feet, a split-bedroom floor plan, open living spaces, built-in features, a wet bar, and a game or entertainment area. The primary bedroom is generously sized, while the additional bedrooms provide comfortable accommodations for family members or vacation guests. Step outside to the screened swimming pool and covered outdoor living areas, where peaceful surroundings and abundant wildlife create the feeling of a private Florida retreat. The oversized grounds feature mature landscaping, irrigation, storage, and enough room to enjoy the property without feeling crowded by neighboring homes. Indian Lake Estates offers a relaxed community atmosphere with golf, clubhouse facilities, dining, fitness, tennis, pickleball, boating, fishing, and lakefront recreation. Whether purchased for personal enjoyment or investment use, this property delivers a combination of privacy, poolside living, boating access, major recent improvements, and established rental history that separates it from ordinary Lake Wales waterfront listings. This is not simply a home near the water—it is a complete Florida lifestyle property with room to breathe, income potential, and access to one of Polk County’s most recognized fishing lakes
    36 days
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    367
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    15
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    Zillow last checked:

    Listing updated:

    Listed by:

    Don Jerue 863-259-9550,

    KELLER WILLIAMS REALTY SMART 1 863-508-3000,

    Courtney Jerue 863-514-9296,

    KELLER WILLIAMS REALTY SMART 1

    Source: Stellar MLS,MLS#: L4963476MLS LogoOriginating MLS: East Polk

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: First
      Bedroom 2
      • Features: Built-in Closet
      • Level: First
      Bedroom 3
      • Features: Built-in Closet
      • Level: First
      Kitchen
      • Level: First
      Living room
      • Level: First
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
      • Laundry: Inside
      Features
      • Built-in Features, Ceiling Fan(s), Eating Space In Kitchen, Open Floorplan, Walk-In Closet(s), Wet Bar
      • Flooring: Carpet, Laminate, Tile
      • Doors: Sliding Doors
      • Has fireplace: No
      Interior area
      • Total structure area: 2,258
      • Total interior livable area: 1,936 sqft
      Video & virtual tour

      Property

      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Enclosed, Patio, Screened, Side Porch
      • Exterior features: Irrigation System, Lighting, Storage
      • Has private pool: Yes
      • Pool features: In Ground, Screen Enclosure
      • Has view: Yes
      • View description: Canal
      • Has water view: Yes
      • Water view: Canal
      • Waterfront features: Canal - Freshwater, Freshwater Canal Access, Lift - Covered
      • Body of water: LAKE WALK-IN-WATER
      Lot
      • Size: 0.5 Acres
      • Dimensions: 110 x 198
      • Features: In County, Oversized Lot, Unincorporated
      Details
      • Additional structures: Shed(s), Boat House
      • Additional parcels included: 29-31-01-994070-026325
      • Parcel number: 293101994070026326
      • Zoning: PUD
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Block, Stucco
      • Foundation: Slab
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1986

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Canal/Lake For Irrigation, Well
      • Utilities for property: Electricity Connected, Water Connected

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: INDIAN LAKE ESTATES
      HOA
      • Has HOA: Yes
      • HOA fee: $64 monthly
      • HOA name: Deborah Donella
      • HOA phone: 863-692-1433
      Location
      • Region: Indian Lake Estates

      Financial & listing details

      • Price per square foot: $258/sqft
      • Tax assessed value: $299,330
      • Annual tax amount: $4,647
      • Date on market: 7/13/2026
      • Cumulative days on market: 28 days
      • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $475,500

        $452,000 - $499,000

        $2,427/mo

        Price history

        DateEventPrice
        7/13/2026Listed for sale$500,000+2%$258/sqft
        Source: Stellar MLS #L4963476 Report a problem
        1/4/2026Listing removed$490,000$253/sqft
        Source: Stellar MLS #TB8403423 Report a problem
        7/3/2025Listed for sale$490,000-1.2%$253/sqft
        Source: Stellar MLS #TB8403423 Report a problem
        7/1/2025Listing removed$495,999$256/sqft
        Source: Stellar MLS #P4930145 Report a problem
        5/1/2025Price change$495,999-3.7%$256/sqft
        Source: Stellar MLS #P4930145 Report a problem
        8/15/2024Price change$515,000-2.6%$266/sqft
        Source: Stellar MLS #P4930145 Report a problem
        7/5/2024Price change$529,000-7.2%$273/sqft
        Source: Stellar MLS #P4930145 Report a problem
        6/6/2024Price change$570,000-0.9%$294/sqft
        Source: Stellar MLS #P4930145 Report a problem
        4/29/2024Listed for sale$575,000+59.8%$297/sqft
        Source: Stellar MLS #P4930145 Report a problem
        2/27/2024Listing removed$359,900-40%$186/sqft
        Source: Stellar MLS #T3312744 Report a problem
        1/16/2023Listing removed--
        Source: Stellar MLS #P4921900 Report a problem
        11/8/2022Price change$600,000-17.2%$310/sqft
        Source: Stellar MLS #P4921900 Report a problem
        7/15/2022Listed for sale$725,000+112.7%$374/sqft
        Source: Stellar MLS #P4921900 Report a problem
        10/29/2021Sold$340,900-5.3%$176/sqft
        Source: Public Record Report a problem
        9/6/2021Pending sale$359,900$186/sqft
        Source: Stellar MLS #T3312744 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,884 +6.3%$299,330 +6.3%
        2024$3,656 +4.5%$281,582 +5.9%
        2023$3,497 +5.3%$266,012 +6.4%
        2022$3,322 +235%$249,983 +125.1%
        2021$992 +1.2%$111,034 +1.4%
        2020$980 +0.7%$109,501 +2.3%
        2019$973 -29.9%$107,039 +1.9%
        2018$1,389 +2.9%$105,043 +2.1%
        2017$1,349 +46.6%$102,882 +2.1%
        2016$920 -1.8%$100,766 +0.7%
        2015$938 -21.9%$100,066 +0.8%
        2014$1,201 +28.8%$99,272 +1.5%
        2013$932 -4.3%$97,805 -3.2%
        2012$975 -6.7%$101,051 -3.4%
        2011$1,045 -9%$104,652 -4.7%
        2010$1,147 -32.9%$109,855 -21.5%
        2009$1,710 +6.6%$139,862 +0.1%
        2008$1,605 $139,722
        2007-- --
        2006$1,899 --
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        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: 33855

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

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