PRICE REDUCTION – PRICE REDUCTION – SELLER HIGHLY MOTIVATED! This incredible opportunity will not last long. Move-In Ready New Construction on Half Acre in Gated, Lake-Access Community Be the first to own this stunning brand-new 4-bedroom, 2.5-bath home offering 1,898 sq ft of thoughtfully designed living space on a spacious half-acre lot. Beautiful stone accents enhance the curb appeal, and the home is move-in ready with only minor finishing touches being completed. Enjoy the benefits of new construction without the wait. This home offers a functional layout, spacious living areas, and the perfect opportunity to enjoy a peaceful Florida lifestyle with plenty of room inside and out. Located within the gated Lake Estates community, residents enjoy access to Lake Weohyakapka (Lake Walk-in-Water), a 7,500+ acre freshwater lake renowned for boating, jet skiing, and trophy largemouth bass fishing. Community amenities include a marina, private boat ramp, fishing dock, one of Florida’s longest freshwater fishing piers, an 18-hole golf course, a 23,000 sq ft clubhouse with activities, on-site restaurant, fitness room, tennis, pickleball, basketball courts, and year-round community events. Low HOA. No CDD. Approximately 60–75 minutes to Walt Disney World and convenient to Orlando and major highways. Whether you love boating, golfing, fishing, or simply enjoying Florida’s natural beauty, this home offers the perfect blend of relaxation and recreation. Seller has made a significant price improvement, creating an exceptional opportunity to own a brand-new home on a half-acre lot in one of Central Florida’s premier lake-access communities. This move-in-ready gem is ready for its next owner. Don’t miss this opportunity — schedule your private tour today before it’s gone.
New construction
Price cut: $9.8K (6/16)
$359,975
903 Magnolia Dr, Frostproof, FL 33855
4beds
1,898sqft
Single Family Residence
Built in 2026
0.5 Acres Lot
$-- Zestimate®
$190/sqft
$32/mo HOA
What's special
Spacious half-acre lotFunctional layout
- 144 days |
- 361 |
- 25 |
Zillow last checked:
Listing updated:
Listed by:
Kevin Betancourt Torres 352-435-5716,
LA ROSA REALTY CENTRAL FLORIDA LLC 407-861-8009
Source: Stellar MLS,MLS#: O6383150
Originating MLS: Orlando Regional

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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Attic, Utility Room
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 192 Square Feet
- Dimensions: 12x16
Bedroom 2
- Features: Built-in Closet
- Level: First
- Area: 132 Square Feet
- Dimensions: 11x12
Bedroom 3
- Features: Built-in Closet
- Level: First
- Area: 120 Square Feet
- Dimensions: 10x12
Bedroom 4
- Features: Built-in Closet
- Level: First
- Area: 120 Square Feet
- Dimensions: 10x12
Great room
- Level: First
- Area: 289 Square Feet
- Dimensions: 17x17
Kitchen
- Level: First
- Area: 266 Square Feet
- Dimensions: 14x19
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator
- Laundry: Inside, Laundry Room
Features
- Attic Ventilator, Ceiling Fan(s), High Ceilings, Primary Bedroom Main Floor, Walk-In Closet(s)
- Flooring: Porcelain Tile, Tile
- Has fireplace: No
Interior area
- Total structure area: 2,521
- Total interior livable area: 1,898 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Exterior features: Private Entrance
Lot
- Size: 0.5 Acres
- Dimensions: 100 x 218
Details
- Parcel number: 293112994060022223
- Zoning: PUD
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Concrete, Stone, Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- Completed
- New construction: Yes
- Year built: 2026
Utilities & green energy
- Sewer: Septic Tank
- Water: Private, Well
- Utilities for property: Electricity Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: INDIAN LAKE ESTATES
HOA
- Has HOA: Yes
- HOA fee: $32 monthly
- HOA name: DEBORAH DONELLA
- HOA phone: 863-692-1433
Location
- Region: Frostproof
Financial & listing details
- Price per square foot: $190/sqft
- Tax assessed value: $4,000
- Annual tax amount: $149
- Date on market: 2/18/2026
- Cumulative days on market: 143 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: Concrete
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Price change | $359,975-2.6%$190/sqft |
Source: | ||
| 4/13/2026 | Price change | $369,750-1.4%$195/sqft |
Source: | ||
| 3/24/2026 | Price change | $375,000-1.3%$198/sqft |
Source: | ||
| 3/16/2026 | Price change | $379,900-1.3%$200/sqft |
Source: | ||
| 2/18/2026 | Listed for sale | $385,000$203/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2015 | $55 | $3,630 +10% |
| 2014 | $55 +18.2% | $3,300 +10% |
| 2013 | $47 +0.9% | $3,000 |
| 2012 | $46 -25.9% | $3,000 -25% |
| 2011 | $62 -34.6% | $4,000 -33.3% |
| 2010 | $96 | $6,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll 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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 33855
Nearby schools
GreatSchools rating
- 4/10Ben Hill Griffin Jr Elementary SchoolGrades: PK-5Distance: 10.4 mi
- 3/10Frostproof Middle/Senior High SchoolGrades: 6-12Distance: 10.3 mi
- 2/10Mclaughlin Middle School And Fine Arts AcademyGrades: 6-11Distance: 14.3 mi
Schools provided by the listing agent
- Elementary: Ben Hill Griffin Elem
- Middle: McLaughlin Academy Of Excellence
- High: Frostproof Middle - Senior 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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Contact agent
- Florida
- Polk County
- Frostproof
- 33855
- 903 Magnolia Dr