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Looking for lakefront homes for sale on Lake Magnolia? Find waterfront real estate here. Located in Highlands County, Florida. Discover the best lake front listings - properties, land, and acreage to build your dream lake house, cottage or cabin on. Search for an agent who specializes in lake property to help you buy or sell a home.

Lakehouse.com has 16 lake properties for sale on Lake Alfred, as well as lakefront homes, lots, land and acreage in Lake Alfred. Median home price: $806,983, lot price: $129,350. 

156 CALADIUM AVENUE

4 6.0   Sf: 3527   Yr: 2025  Acres: 0.300

Experience lakefront luxury at its finest in this brand-new, architect-designed residence located in the prestigious, gated community of Water Ridge. This bold and sophisticated home features 4 full...

209 PINE LILLY COURT

4 4.0   Sf: 3547   Yr: 2024  Acres: 0.270

Modern Luxury Meets Lakeside Living in Lake Alfred! Welcome to this stunning 2024 custom-built AR Kensington home, perfectly situated on a scenic ridge with beautiful views of Lake Alfred. This...

336 CALADIUM AVENUE

4 4.0   Sf: 2789   Yr: 2025  Acres: 0.630

SELLER REVIEWING ALL OFFERS ON THURSDAY 1/29/26 - MOTIVATED SELLER WELCOMES ALL OFFERS - BRAND NEW CONSTRUCTION - NEVER LIVED IN - Custom Lakefront Home with Dual Primary Suites - Completed 7/29/25 -...

236 CALADIUM AVENUE

4 3.0   Sf: 2655   Yr: 2021  Acres: 0.440

Stunning Lakefront Custom Home Built in 2021! Experience the ultimate waterfront lifestyle in this exceptional custom-built lakefront home offering 4 spacious bedrooms plus a dedicated office...

163 BLAZING STAR AVENUE

4 3.0   Sf: 2881   Yr: 2024  Acres: 0.270

One or more photo(s) has been virtually staged. One or more photo(s) has been virtually staged. Built in 2024, this beautifully designed residence features 2,881 square feet of thoughtfully planned...

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288 CALADIUM AVENUE

Acres: 0.530

Buildable lot

344 CALADIUM AVE

Acres: 0.520

Reduced by $31K!!! Dreams Do Come True! Just what you've been looking for and at the right price. This vacant lot on Caladium Ave, is a magnificent waterfront property located in the highly...

356 CALADIUM AVENUE

Acres: 0.370

This beatiful,one of a kind lake front property is situated on Lake Alfred and is suitable for a lake front dream house. This property is part of Water Ridge sub divison phase 2. Water Ridge is an...

160 CALADIUM AVENUE

Acres: 0.290

Located at 160 Caladium Avenue in Lake Alfred, Florida, this 0.29-acre lakefront lot offers a rare opportunity to build your dream home in the desirable Water Ridge community. With stunning views of...

108 Caladium Avenue

Acres: 0.300

Discover the perfect canvas for your dream home or getaway retreat on this beautiful vacant lot nestled along the shores of Lake Alfred. Offering just over 1/4 acre of pristine land, this prime...

215 BLAZING STAR AVENUE

Acres: 0.270

Discover the perfect opportunity to build your dream home on Lot 109 at 215 Blazing Star Ave, located in the sought-after gated community of Water Ridge in Lake Alfred. This ready-to-build homesite...

237 PINE LILLY COURT

Acres: 0.290

Nestled within the sought-after community of Water Ridge in Lake Alfred, FL, this .29-acre lot offers the perfect canvas to design your dream home in a picturesque, resort-style setting. Cleared and...

158 BLAZING STAR AVENUE

Acres: 0.220

WATER RIDGE--A GATED LAKERONT COMMUNITY. This lot in the upscale neighborhood is located close to the Lake Alfred side gate. The community has access to three lakes--Lake Alfred, Lake Medora and Lake...

260 W INTERLACHEN STREET

2 1.0   Sf: 1107   Yr: 1955  Acres: 0.240

Under contract-accepting backup offers. Welcome Home! This updated 2-bedroom, 1-bath brick home is perfect for a first-time buyer! Sitting on almost a quarter-acre in a non-flood zone, this home...

178 BLAZING STAR AVENUE

Acres: 0.220

Welcome to the Water Ridge Community the perfect canvas for your dream home! This vacant residential lot, nestled within a secure gated HOA community, offers an ideal foundation for your vision...

263 AMARYLLIS WAY

Acres: 0.280

Build your dream home in the Water Ridge gated community, where breathtaking sunrise views over Lake Alfred set the perfect backdrop for luxurious lakeside living. This prime homesite comes fully...

Lake Alfred Information

Lake Alfred is a city located in Polk County, Florida, known for its beautiful lakes and outdoor recreational opportunities. The area is particularly appealing to those who enjoy fishing, boating, and other water-related activities. Here's some information about fishing and boating in Lake Alfred:

Fishing in Lake Alfred
1. Lakes: Lake Alfred is surrounded by several lakes, including Lake Alfred itself, where anglers can find a variety of fish such as:
- Largemouth bass
- Bluegill
- Catfish
- Crappie
- Gar

2. Fishing Licenses: To fish in Florida, you'll need a valid Florida fishing license unless you're exempt. Licenses can be purchased online or at various sporting goods stores.

3. Fishing Techniques: Common fishing techniques in the area include bank fishing, shore fishing, as well as using boats for deeper water access. Many anglers use live bait, artificial lures, and trolling methods, depending on the species being targeted.

4. Fishing Regulations: It’s important to adhere to local fishing regulations to protect fish populations and the environment. You can check the Florida Fish and Wildlife Conservation Commission (FWC) website for information on size and bag limits.

Boating in Lake Alfred
1. Boating Opportunities: Lake Alfred is ideal for boating, kayaking, canoeing, and paddleboarding. The calm waters of the lakes make it an excellent spot for both recreational and leisure boating.

2. Boat Ramps: There are boat ramps available for public use, which allow easy access to the water. Make sure to check local regulations about boat ramp hours and any fees associated with launching.

3. Anchoring and Mooring: If you’re planning to spend a long day on the water, be sure to understand local rules about anchoring and mooring.

4. Wildlife Viewing: While boating, you may have the chance to see local wildlife, including birds, alligators, and turtles. It’s best to be respectful of their habitat and observe from a safe distance.

5. Safety Precautions: Always wear life jackets while boating, follow safety guidelines, and be aware of other boaters and local weather conditions to ensure a safe experience on the water.

Additional Information
- Parks and Recreation: There are public parks near the lakes that offer picnic areas, playgrounds, and access to the water, enhancing your fishing and boating experience.

- Community Events: Lake Alfred often hosts community events, including fishing derbies and boating safety courses, which can be a great way to engage with the local community and other enthusiasts.

Whether you're a seasoned angler or new to boating, Lake Alfred provides a beautiful and inviting environment to enjoy Florida's natural resources. Always check for any local updates or changes to regulations before heading out.

If you're interested in specific real estate options, amenities, or activities around the lake, feel free to ask a Lake Real Estate Specialist!