Island Lakes in Winter Haven

Island Lakes
Homes for Sale in Winter Haven, FL

All 1,971 homes for sale in Boca Raton, FL · median $595,000

Community in Winter Haven · Polk County · ZIP 33881
Median sale $336K
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Live Market Pulse
30/100
Market Heat
Cooler than normal
2015 → 2026 · 87 at the 2022 peak
0 is Island Lakes's coldest market since 2015, 100 its hottest. Today: 30. How it's scored
Built fromLive Stellar MLS data19 years of closingsUpdated twice daily

Island Lakes is a community in Boca Raton, FL. Across Boca Raton as a whole, 612 homes closed in the last 12 months at a median of $590,000, 42 median days on market, with 1,741 homes for sale today.

Live · Island Lakes Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$336K ▲
Median sold · 12 mo
up 4.4% vs the prior 12 months
+4.4% ▲
1-yr price change
n = 4 and 4 sales in the two windows
$187/sf
Sold $/sqft · 12 mo
peak $219 in 2022
88.2%
Sale vs ask
Tempo
149days
Median DOM · closed
3 days at the 2022 low
0 · 0
For sale · pending
live counts, refreshed twice daily
4
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
0%
Cash buyers · Island Lakes
0 of 4 sales, 12 mo ending June 2026
Track record · 19 years of records
0
Failed listings · 2025
peaked at 14 in 2007
1,858sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written October 26, 2026

Price in Island Lakes is condition-driven, not amenity-driven. There are no community amenities identified from current MLS listings, so what a home sells for here comes down to the house itself: size, updates, and how it shows. The median sits at $336,500, or about $187 per square foot, and the spread around that number is wide enough that the house itself does most of the talking.

The current posture is slow. A median of 149 days on market and zero active listings tells you this is a thin, patient market, not a bidding-war market. For sellers, that means pricing right the first time and expecting a long runway. For buyers, it means time to do diligence and little pressure to overpay. Year-over-year values are up 4.4%, so the direction has been positive, but the pace of sales is the headline here.

Figures in this note are as of October 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.

Island Lakes Housing Pulse · Momentum Research · as of August 2, 2026

Island Lakes right now

🟡 Still climbing. The trailing-12-month median ($336K) is up 4.4% from the prior 12 months ($322K). With about 2 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending August 2. Confidence: Low (4 and 4 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated November 14, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

Nearby homes for sale

No active listings inside Island Lakes right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

4123 ISLAND LAKES DRIVE
$470K · 0.0 mi away
4 bd · 2 ba · 1,990 sqft
4123 ISLAND LAKES DRIVE
Listed by KELLER WILLIAMS REALTY SMART 1
4099 ISLAND LAKES DRIVE
$379K · 0.1 mi away
3 bd · 2 ba · 1,603 sqft
4099 ISLAND LAKES DRIVE
Listed by KELLER WILLIAMS REALTY SMART 1
1015 CAREFREE COVE DRIVE
$200K · 0.2 mi away
4 bd · 1.5 ba · 1,104 sqft
1015 CAREFREE COVE DRIVE
Listed by KELLER WILLIAMS REALTY SMART
124 EDGEWATER DRIVE
$225K · 0.3 mi away
3 bd · 1 ba · 1,244 sqft
124 EDGEWATER DRIVE
Listed by EXP REALTY LLC
276 ARBUTHNOT STREET
$285K · 0.3 mi away
3 bd · 2 ba · 1,420 sqft
276 ARBUTHNOT STREET
Listed by CHARLES RUTENBERG REALTY ORLANDO
1151 CAREFREE COVE DRIVE
$399K · 0.3 mi away
3 bd · 2 ba · 1,734 sqft
1151 CAREFREE COVE DRIVE
Listed by HOMECOIN.COM

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Island Lakes market snapshot (as of August 2, 2026): the median sale price is about $336K ($187 per sq ft over the trailing 12 months of closed sales), and a median 149 days on market for closed sales. The trailing-12-month median is up 4% from the prior 12 months, computed from record-level Stellar MLS closed sales (4 closings in the current window).

In ZIP 33881 (Winter Haven), 406 homes closed in the last 12 months at a median of $308K ($163/sq ft), down 3.3% year over year, with a median 68 days on market. Right now 1 active and 1 pending listings. See the live ZIP 33881 housing market and the Polk County market.

Stellar MLS sales records identify 46 homes in ISLAND LAKES that have changed hands since 2009, built between 2006 and 2016 (median 2014), with a median living area of about 1,950 sq ft and a typical 4-bedroom, 2-bath layout; 100% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Island Lakes is a quiet pocket in Winter Haven where sales are infrequent and homes take time to move. With no listed community amenities, buyers are purchasing a house on its own merits rather than a lifestyle package.

Best for

  • Buying to hold for the long term and comfortable with a slow-moving market
  • Buyers who value a quiet pocket and don't need community amenities
  • Shopping with time to inspect carefully and no pressure to close fast

Probably not for

  • Needing to buy or sell on a tight timeline
  • Wanting a lively, high-turnover market with lots of choices
  • Looking for pools, trails, or other shared amenities on site

Windows contain 0 to 6 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2007 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$300K$400K20122014201620182020202220242026
Up 4.4% year over year.
Every sale since 2007 · price vs size
$0$200K$400K2k2k2k
39 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$150$20020122014201620182020202220242026
Up from $101 in 2012 to a $219 peak in 2022; $187 now.
Median days on market · closed sales
05010015020122014201620182020202220242026
3 days at the 2022 low; 149 now.
Sale price vs original ask · median
90%100%20122014201620182020202220242026
88.2% now.
Homes sold per 12-mo window
024620122014201620182020202220242026
0 to 6 a year; 4 in the current window.
Sellers who gave up · failed listings per year
05101520082016202020242025
Canceled, expired, or withdrawn. 14 quit in 2007; 0 so far in 2025. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning201620222026
87 at the 2022 peak, 30 in the troughs, 30 now. Same score as the hero card, full history.
How much local inventory is already under contract

24% of homes for sale in ZIP 33881 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-08-01).

Island Lakes Market Scorecard

Balanced

Island Lakes is currently a balanced market..

$336,500
Median sold
0/0/0
Active/Pend/Sold 12 mo

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Stellar MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Schools

In short
  • Polk County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Polk County Public Schools (verify by address) · Public
  • Confirm zoned elementary, middle, and high · By address
  • Magnet and choice options may apply · Choice

Zoned schools reflect the assignments reported on recent Island Lakes listings and can change; always confirm with Polk County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Island Lakes address.

Recent Developments in Island Lakes

Development, infrastructure, retail, and school activity affecting Island Lakes, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.

Dev Momentum74/100 · High
  1. September 2026
    Infrastructure

    $1.2 Million Sidewalk Project Completed in Northwest Lake Wales

    Lake Wales finished a $1.2 million sidewalk phase covering Orange Avenue, Wetmore Street, Sessoms Avenue, Seminole Avenue, Seaboard Avenue, Dorsett Avenue, B Street and C Street, rehabilitating existing walks and adding new ones. A state grant paid for the work, and an earlier phase finished in 2025. Landscaping and street trees remain scheduled in some areas.

    What it may mean for the marketNew sidewalks improve walking access to nearby streets and amenities in northwest Lake Wales. The project is about 14 miles southeast of Island Lakes, elsewhere in Polk County.

    Source: DailyRidge
  2. July 2026
    Development

    Lakeland Commissioners Approve Zoning Changes for Hallam Drive and Laura Road Projects

    Lakeland commissioners unanimously approved zoning changes on July 20, 2026 for two projects. One rezones 17 acres at 1212 Hallam Drive for 24 single family homes on 1.5 acre lots, and the other rezones 3.87 acres at 559 Laura Road for a proposed self storage facility.

    What it may mean for the marketRezonings clear the way for new low density housing and commercial storage in Lakeland, adding to residential lot supply and local commercial infrastructure. The project is about 13 miles southwest of Island Lakes, elsewhere in Polk County.

    Source: LkldNow
  3. July 2026
    Development

    Haines City Data Center Proposal on Hold Over Water Capacity

    Texas based Cielo Digital Infrastructure has proposed a data center on Marion Road and State Road 544 East in Haines City, requesting 150,000 gallons of potable water per day. City officials say the project remains preliminary, is awaiting additional water allocation from the Southwest Florida Water Management District, and has not yet come before the commission for approval.

    What it may mean for the marketA proposed data center signals commercial and industrial interest in the Haines City area while highlighting water infrastructure limits that could shape the pace of future development. The project is about 6 miles east of Island Lakes, elsewhere in Polk County.

    Source: Bay News 9
  4. June 2026
    Development

    Haines City Commission Reviews Lake Eva Estates Subdivision

    Haines City reviewed a preliminary plat for Lake Eva Estates, a 31 lot single family subdivision on 16.68 acres west of 10th Street South by Lake Eva. The project is zoned low density residential and includes an approved traffic study.

    What it may mean for the marketA new single family subdivision adds for sale housing supply in the Lake Eva area and reflects continued residential platting activity in Haines City. The project is about 7 miles northeast of Island Lakes, elsewhere in Polk County.

    Source: The Citrus Tea
  5. May 2026
    Development

    SouthState Plans $17M Office in Downtown Winter Haven

    SouthState plans a $17.2 million, five story, 40,035 square foot Class A office building on vacant parcels along Central Avenue in downtown Winter Haven. The regional operations center would house about 125 employees, with construction expected to begin in July 2026 and take 12 to 16 months.

    What it may mean for the marketA new downtown office building adds employment space and Class A commercial inventory to downtown Winter Haven, supporting the area's redevelopment and taxable value. The project is about 3 miles south of Island Lakes, elsewhere in Polk County.

    Source: Tampa Bay Business & Wealth

Development alerts for Island LakesGet a short monthly email when something new is approved, funded, or opens near Island Lakes.

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in Island Lakes today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Island Lakes.

Best Buy
Buyers who want a standalone house and are indifferent to shared amenities.
Biggest Risk
Low sales volume means scarce comparables and uncertain resale timing.
Sweet Spot
A well-maintained home priced honestly against its condition, not a hoped-for number.
Avoid If
You need a quick purchase or sale, or you want built-in community amenities.

A thin, patient market

The numbers paint a low-velocity picture. Only four closings informed this snapshot, and there are currently no active listings, so inventory is effectively dormant. A market heat score of 30 reflects that reality: when something does list, it tends to sit, with a median of 149 days to a contract.

Low volume cuts both ways. It means comparables are scarce, so pricing leans heavily on the individual home's condition and square footage rather than a deep pool of recent sales. The median of $336,500 and $186.55 per square foot are useful anchors, but each transaction here is close to a one-off. Patience and a sober read of the specific house matter more than market timing.

“

The location and the amenities are priced into every listing in Island Lakes. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a low-velocity market with few comparables, pricing and positioning are everything. We work from the facts that exist rather than a story, and in a place where homes can sit for months, that discipline keeps sellers from chasing the market down and keeps buyers from overpaying on a thin data set.

Island Lakes in 15 seconds.

Best forBuyers who want a standalone house and are indifferent to shared amenities.
Biggest advantageLittle competition and time to diligence given zero active inventory and long days on market.
Biggest riskLow sales volume means scarce comparables and uncertain resale timing.
Sweet spotA well-maintained home priced honestly against its condition, not a hoped-for number.
Avoid ifYou need a quick purchase or sale, or you want built-in community amenities.
The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Island Lakes sales matched to your home.

What is your Island Lakes home worth?

Get a no-obligation home value based on real comparable sales in Island Lakes, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See all homes for sale in Winter Haven →

Real comps, not an automated estimate.
Island Lakes key facts
LocationWinter Haven, Polk County, FL · ZIP 33881
Sale prices, last 12 months$336,500 median across 4 closed sales · $187 per sq ft · +4.4% vs the prior 12 months
Days on market (closed sales)149 median
For sale right now0 active, 0 pending
Zoned public schoolsPolk County Public Schools (verify by address); Confirm zoned elementary, middle, and high; Magnet and choice options may apply

Data as of August 2, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2007 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “Island Lakes key facts,” movewithmomentum.com/neighborhoods/island-lakes, data as of August 2, 2026.

Housing distress & ownership in ISLAND LAKES, Winter Haven

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
13.33%
2 of 15 listings · short sale 2
Distress share trend - 13.33% now (2026-08-10 → 2026-10-27)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period October 2026 through October 2026. Deemed reliable but not guaranteed.

Streets in this community

Street-level pages: every home on record, what sold and what is for sale on each street.

Email me new listings in Island Lakes

One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.

Equal Housing Opportunity. Every community is open to everyone; alerts are about homes, never about who lives here.

Ask an agent about Island Lakes

Have a question about the homes, fees, rules or commute here? A Momentum agent who works Island Lakes will answer, and the answer is published on this page for the next buyer.

Property facts only: homes, fees, rules, commute. Every community is open to everyone; agents do not answer questions about who lives here.

Frequently Asked Questions

What is the median home price in Island Lakes?
The median sale price in Island Lakes was $336K over the 12 months ending August 2, 2026 (4 closed sales, Stellar MLS).
How long do homes in Island Lakes take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 149 days on market (4 sales, Stellar MLS).
Do cash buyers compete in Island Lakes?
Cash buyers took 0% of Island Lakes sales in the 12 months ending June 2026 (0 of 4 closings, Stellar MLS).
What schools serve Island Lakes?
Island Lakes is served by Polk County Public Schools, typically Polk County Public Schools (verify by address) and Confirm zoned elementary, middle, and high. Confirm the exact zoning by address with the district.
Who is the best real estate agent for Island Lakes?
The best agent for Island Lakes is one who actively works Winter Haven and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Island Lakes.
How do I find a top Winter Haven real estate agent who knows Island Lakes?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Island Lakes and the wider Winter Haven area.
Can Momentum Realty connect me with an agent for Island Lakes?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Island Lakes purchase or sale - no call center and no pressure.
Where is Island Lakes, and what county is it in?
Island Lakes is in Winter Haven, Polk County, FL, ZIP 33881.
Buying to hold for the long term and comfortable with a slow-moving marketExcellent fit
Buyers who value a quiet pocket and don't need community amenitiesExcellent fit
Shopping with time to inspect carefully and no pressure to close fastExcellent fit
Needing to buy or sell on a tight timelineProbably not
Wanting a lively, high-turnover market with lots of choicesProbably not
Looking for pools, trails, or other shared amenities on siteProbably not

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: June 25, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Under-contract sharesStellar MLS records, as of 2026-08-01
Schools2025-26 district assignments + FLDOE school grades; verify with the district
Historical depthClosed-sale records back to 2007 (39 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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More on Island Lakes

Nearby Communities

Explore more neighborhoods near Island Lakes with Momentum Realty’s local guides.

Carefree Cove Winter Haven0.3 mi awaySanctuary By The Lake Winter Haven0.3 mi awayRochelle Gardens0.3 mi away · 29 homes, built 1957–92Lake Point Landing0.6 mi away · 30 homes, built 1985–87Hartridge Harbor0.6 mi away · 19 homes, built 1984–05Lake Rochelle Estates0.7 mi away · 68 homes, built 2005–06Lake Smart Pointe0.8 mi awaySun Set Shores0.9 mi away · 5 homes, built 1967–68

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