$460,000
$30K PRICE DROP

7721 Forest Way Lakeland, FL 33810

Estimated payment $2,521/month

Total Views 20,143
4 Beds
3 Baths
2,400 Sq Ft
$192 Price per Sq Ft

Highlights

  • Guest House
  • Oak Trees
  • View of Trees or Woods
  • Lincoln Avenue Academy Rated A-
  • Garage Apartment
  • 2 Acre Lot

About This Home

PRICE REDUCTION of another 10k!!! 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!

Listing Agent

Danielle Buurma

KELLER WILLIAMS REALTY SMART Brokerage Phone: 863-577-1234 License #3243053 Listed on: 05/06/2025

KELLER WILLIAMS REALTY SMART

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,194

Year Built

  • Built in 1987

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 264x300
  • West Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Well Sprinkler System
  • Oak Trees
  • Property is zoned RC

Home Design

  • Split Level Home
  • Block Foundation
  • Stem Wall Foundation
  • Frame Construction
  • Shingle Roof
  • Cedar

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Shades
  • Drapes & Rods
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Inside Utility
  • Views of Woods
  • Crawl Space
  • Attic

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Built-In Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Single Vanity
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Storm Windows
  • Fire and Smoke Detector

Parking

  • Parking Pad
  • Garage Apartment
  • Oversized Parking
  • Driveway

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters
  • Private Mailbox

Additional Homes

  • Guest House
  • 484 SF Accessory Dwelling Unit

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Wall Furnace
  • Vented Exhaust Fan
  • Thermostat
  • Water Filtration System
  • 1 Water Well
  • Electric Water Heater
  • Water Softener
  • 1 Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Rolling Oak Estates Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,194

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Cedar, Frame
  • Fireplace: No
  • Living Area: 2400
  • Lot Size Acres: 2
  • New Construction: No
  • Year Built: 1987
  • Building Area Total: 2400
  • Lot Size Sq Ft: 87333
  • Status: Active
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 222.97
  • Escrow City: Lakeland
  • Escrow State: FL
  • Escrow Street Name: S FLA Ave
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 191.67
  • Total Acreage: 2 to less than 5
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 1
  • MFR_InLawSuiteDescription: 1 Bathroom,1 Bedroom,Detached (ADU),Kitchenette,Private Entrance
  • MFR_InLawSuiteUnderAirSqFt: 484.00
  • Attribution Contact: 863-577-1234
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl
  • Full Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer, Water Filtration System, Water Softener
  • Foundation Details: Block, Crawlspace, Stem Wall
  • Total Bedrooms: 4
  • Levels: Multi/Split
  • Other Equipment: Irrigation Equipment
  • Stories: 1
  • Window Features: Double Pane Windows, Drapes, ENERGY STAR Qualified Windows, Rods, Shades, Storm Window(s), Window Treatments
  • Additional Rooms: Attic,Family Room,Formal Dining Room Separate,Formal Living Room Separate,Garage Apartment,Inside Utility
  • Living Area Meters: 222.97

Exterior Features

  • Direction Faces: West
  • Other Structures: Guest House
  • Exterior Features: Lighting, Private Mailbox, Rain Gutters, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Rear Porch, Screened, Side Porch
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway, Oversized, Parking Pad

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Sprinkler Well, Water Connected
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Electric, Exhaust Fan, Heat Pump, Wall Furnace
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Number of Wells: 1

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association: No
  • Security: Security Lights, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RC
  • Parcel Number: 23-27-17-000000-031150
  • Additional Parcels: No
  • Lot Features: In County, Oversized Lot, Paved
  • Lot Dimensions: 264x300
  • Flood Zone Code: A,X

Rental Info

  • Furnished: Negotiable
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 1193.68
  • Tax Book Number: P-81
  • Tax Lot: 132

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $665 $86,991 -- --
2024 $554 $84,539 -- --
2023 $554 $82,077 $0 $0
2022 $1,008 $79,686 $0 $0
2021 $1,003 $77,365 $0 $0
2020 $968 $76,297 $0 $0
2018 $879 $73,191 $0 $0
2017 $882 $71,686 $0 $0
2016 $859 $70,212 $0 $0
2015 $328 $69,724 $0 $0
2014 $196 $69,171 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/11/2025 11/11/25 Price Changed $460,000 -2.1% $192 / Sq Ft
09/16/2025 09/16/25 Price Changed $470,000 -1.2% $196 / Sq Ft
08/22/2025 08/22/25 Price Changed $475,900 -0.8% $198 / Sq Ft
07/18/2025 07/18/25 Price Changed $479,900 -2.1% $200 / Sq Ft
05/06/2025 05/06/25 For Sale $490,000 -- $204 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Source: Public Records

Source: Stellar MLS

MLS Number: L4952712

Stellar MLS

APN: 23-27-17-000000-031150