Lake Gum Estates
Homes for Sale in Lake Alfred, FL

Lake Gum Estates in Lake Alfred is a small, owner-heavy pocket of 46 homes where larger floor plans and a long build range mean condition, not a sticker, sets value.

Stellar MLS sales records identify 14 homes in LAKE GUM ESTATES that have changed hands since 2015, built between 1972 and 1999 (median 1985), with a median living area of about 2,528 sq ft and a typical 4-bedroom, 2.5-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.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Lake Gum Estates is a small community — 7 recorded sales on file, most recently in 2026 — too few for its own price trend. Here is the market around it.

In ZIP 33850, 147 homes are on the market and 29% are under contract — a steady corner of Lake Alfred.

Across Polk County, 5,189 homes are active and 1,757 pending (25% under contract).

Homes here are single family residence.

In ZIP 33850 (Lake Alfred), 196 homes closed in the last 12 months at a median of $330K ($179/sq ft), up 1.9% year over year, with a median 72 days on market. See the live ZIP 33850 housing market and the Polk County market.

ZIP and county figures describe the wider market, not Lake Gum Estates specifically. Momentum Research analysis of MLS records.

• 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 Lake Gum Estates 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 Lake Gum Estates address.

The defining facts are size and age range. A median of just over 3,000 living square feet is generous, and with homes built anywhere from 1951 to 2014, two houses a few doors apart can be worlds apart in systems, layout, and finish. The median build year of 1989 tells you the middle of this stock is mature - plan to underwrite roof, HVAC, and envelope rather than assume they are new.

This is not a high-velocity market. No active listings and only a couple of recent closings mean comps are scarce and timing matters more than usual. No community amenities show in current MLS listings, so you are buying the home and the lot, not a shared package - which keeps carrying costs simpler but puts all the weight on the house itself.

In a thin market with no active inventory and few closings, you need someone watching for the next listing and reading each home on its own condition. We underwrite the house - age of systems, scope of updates, homestead status - instead of leaning on stale comps, so you bid or price with eyes open.