920 LAKE COVE TRAIL LAKELAND FL 33813

Overview of 920 Lake Cove Trl

Short sale. Short sale!!! Investor opportunity with endless potential on little lake victoria! This rare short sale property sits on 1.68 secluded acres in south lakeland on a private peninsula with water on three sides, offering breathtaking lake views from nearly every room. If you’ve been searching for a one-of-a-kind waterfront estate to renovate and transform into something spectacular, this is it. The main home features 4 bedrooms and 3 bathrooms, including a private 4th bedroom suite located off the garage with its own entrance and bathroom — ideal for an older child wanting independence, guests, a home office, or multigenerational living. While the home needs significant updating and repairs, the setting and layout offers incredible possibilities for the right buyer with vision. Adding even more value and opportunity is the detached 2 bedroom, 2 bathroom cottage located on the property. The cottage is currently not livable after sustaining major roof damage during the last hurricane, but the potential is undeniable. With extensive renovation, it could become an income-producing rental, airbnb, guest house, or the perfect detached in-law home for an amazing family compound. Important updates already completed on the main home include a new roof, septic system, and drainfield in 2020, along with a new ac in 2017. This property is being sold as a short sale and will require lender approval. The listed price is not guaranteed to be the final accepted sales price. Buyers should expect a lender response time of approximately 60–90 days. Cash offers only due to the condition of the property. Bring your vision, roll up your sleeves, and look beyond the tall grass and deferred maintenance — because this hidden waterfront estate could truly become paradise once again. No site unseen offers will be considered!

This lovely single family home was built in 1974 and features 4 bedrooms, and 3 full bathrooms. This home for sale is 2,542 square feet, with 2,542 sq ft being air conditioned living space. The home has a does not have a private swimming pool.

Directions to this property are as follows: Scott Lake Rd To Lake Cove Trail (you Will Turn Into The S Side Of The Church Parking Lot) Stay In Lake Cove Trail To The Very End.

Please contact your ZFC agent for more information about MLS# MFRL4961807 or any other homes for sale in Lakeland or elsewhere in the Polk County area.