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New construction
  • Price cut: $9.8K (6/16)
    $359,975

    903 Magnolia Dr, Frostproof, FL 33855

    4beds
    1,898sqft
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    Single Family Residence
    Built in 2026
    0.5 Acres Lot
    $-- Zestimate®
    $190/sqft
    $32/mo HOA

    What's special

    Spacious half-acre lotFunctional layout
    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.
    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#: O6383150MLS LogoOriginating 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

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/16/2026Price change$359,975-2.6%$190/sqft
        Source: Stellar MLS #O6383150 Report a problem
        4/13/2026Price change$369,750-1.4%$195/sqft
        Source: Stellar MLS #O6383150 Report a problem
        3/24/2026Price change$375,000-1.3%$198/sqft
        Source: Stellar MLS #O6383150 Report a problem
        3/16/2026Price change$379,900-1.3%$200/sqft
        Source: Stellar MLS #O6383150 Report a problem
        2/18/2026Listed for sale$385,000$203/sqft
        Source: Stellar MLS #O6383150 Report a problem

        Public tax history

        YearProperty taxesTax 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

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 33855

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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