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Step back in time and discover a true Mid-Century Modern gem in the gated community of Indian Lake Estates. Built in 1961 and lovingly preserved, this 4 bedroom, 2 bath home offers 2, 281 square feet of retro charm on a spacious ½-acre lot with no rear neighbors and woods along one side for added privacy. From the moment you enter, the home feels like a beautifully maintained time capsule, showcasing original terrazzo flooring, pristine vintage bathrooms with mint-condition tile, and authentic architectural details rarely found today. The kitchen is a standout centerpiece featuring stunning turquoise Formica countertops, real wood cabinetry with roll-out drawers and dividers, and an iconic Frigidaire Flair slide-out range with double side-by-side ovens that perfectly captures the era’s style and innovation. The spectacular Florida Room features original broken-tile mosaic flooring and offers the perfect space to relax, entertain, or simply enjoy the home’s nostalgic character. Modern updates include a well pump replaced in 2024 and water heater in 2021, while the private well and septic, durable tile roof, and attached 1-car garage add convenience and functionality. Beyond the home itself, Indian Lake Estates spans more than 7, 500 acres with over 700 homesites of ½ acre or larger and offers an incredible lineup of amenities including golf, tennis, pickleball, basketball courts, playgrounds, a marina, community boat launch, beach, covered picnic area, clubhouse with restaurant and bar, fitness center, game room, library, ballroom, and an optional 18-hole golf course membership. Residents also enjoy golf cart rentals, a café, churches, post office, and the community’s famous 1, 000-foot fishing pier on Lake Weohyakapka — the largest freshwater fishing pier in the state of Florida. Conveniently located just 17 miles southeast of Lake Wales and 15 miles east of Frostproof, this one-of-a-kind property offers the perfect blend of vintage style, peaceful surroundings, and resort-style living.
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Our Executive Mortgage Banker:
Our Insurance Division:
$275,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $220,000 | $220,000 | $220,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $320 | $320 | $320 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,318 | $1,373 | $1,812 |
| Total Monthly Payment | $1,713 | $1,768 | $2,207 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.