Listing Details for MLS # L4952712
7721 Forest Way, Lakeland, Fl 33810

Residential Property - Single Family Residence in Lakeland

Listing Price: $470,000Days on Market: 159

Description of Property

SELLER MOTIVATED!! Welcome Home! NEW PRICE REDUCTION! RARE OPPORTUNITY!! Could divide the LOT and SELL a parcel and Pay down your MORTGAGE!! Don’t miss this beautifully maintained and thoughtfully upgraded custom-built home, situated on a spacious 2-acre lot in North Lakeland, Central Florida! This property offers a perfect balance of peaceful rural living and prime location convenience—just minutes from I-4, with easy access to Tampa and Orlando. Nearby you'll find shopping, medical facilities, golf courses, schools, and dining all within close reach. Step into a home full of charm and character, featuring a split-bedroom layout upstairs, where both bedrooms enjoy private ensuite bathrooms and walk-in closets. The main house includes 3 bedrooms and 2 full bathrooms, while the fully equipped 1-bedroom, 1-bath guest house offers additional living space, full kitchen with dishwasher & Frig, complete with furnishings available for purchase. Enjoy peace of mind with major updates already in place: a brand new roof installed in April 2025, and a new AC unit from October 2024! Best of all—no HOA restrictions, giving you the freedom to enjoy rural living your way. The property is zoned RC, allowing you to raise horses, farm animals, chickens, start a vegetable garden, or even keep a cow. The eat-in kitchen features a stunning large picture window, offering beautiful views of the backyard gardens, mature oak trees, and flowering shrubs. You’ll love the oak cabinetry with a butcher block-style finish, decorative open shelving, and a massive walk-in pantry perfect for small appliances and grocery storage. Designed for both everyday comfort and entertaining, this home includes formal living and dining rooms, a sunken family room for relaxing, and a layout that’s full of custom details—vaulted ceilings, high and corner windows, alcoves for your favorite furniture pieces, and more. Bedroom #3 features an oversized walk-in closet measuring 11.5' x 6', which can also serve as an office, bonus room, or air-conditioned storage space. The guest apartment includes a private bedroom with a sink, walk-in shower, water closet, and full-sized laundry closet—ideal for visitors or multigenerational living. Outside, you’ll find a spacious open patio, beautifully shaded by mature oaks—ideal for relaxing or entertaining. The generous driveway accommodates multiple vehicles, with plenty of room for a golf cart, RV, or boat. While there’s no garage currently, the lot offers ample space to build the structure of your dreams. There's even the potential to subdivide the lot in the future if desired. This is a rare opportunity to own a truly unique home with incredible flexibility and value. Schedule your private tour today—before it’s gone!The average asking price for a 4 bedroom/3 bath single family residence in this Zip code is $575,640. This single family residence is listed at about 82% of the average asking price. There are 14 4 bedroom/3 bath homes between $400,000 and $600,000 currently listed for sale in this Zip code. See other listings like this one »