Cypress Point at Lake Parker market snapshot (as of June 26, 2026): the median sale price is about $324K ($155 per sq ft), a buyer-leaning market (limited data). Based on 2 recent closings in live Stellar MLS data.
Cypress Point at Lake Parker is a master-planned community of new single-family homes built by Lennar in Lakeland, Polk County, with a sales address at 873 Hour Glass Road in ZIP 33801 (Lennar community pages and major listing portals, 2026). It sits in southeast Lakeland near Lake Parker, the large public lake the city is partly named around.
The community is marketed in two product lines, The Estates and The Manors, with listing and builder guides citing single-family floor plans of roughly three to six bedrooms and sizes from about 1,429 to 3,041 square feet (Lennar and listing portals, 2026). Confirm the exact plan, bedroom count, square footage, and lot for any specific home, since plans and availability change with each phase.
Because this is a new build, the money is made or lost on the contract and the home site, not just the address. The drivers are the builder base price and current incentives, the included features versus the upgrade list, the HOA dues, any Community Development District assessment, and the specific lot and exposure, all of which have to be read from the current community and builder documents.
The pitch is a new-construction home in a fast-growing Polk County market between Tampa and Orlando, with downtown Lakeland, I-4, and Lake Parker Park nearby. The work is the diligence: read the contract and the warranty, confirm the HOA and any CDD, quote insurance, and check the home site and resale comps before you sign.