Neighborhood · Lakeland, Florida
Lake Somerset
Quiet Lakeland living between Tampa and Orlando
7
Homes for sale
$265,000
Median list price
$220
Avg price / sqft
16
Median days on market
Lake Somerset sits in the residential heart of Lakeland, Polk County — a settled neighborhood surrounded by familiar names like Sandpiper, Lake Hollingsworth, and Lake Bentley. It's the kind of area that draws buyers who want space between Florida's two biggest metros without giving up an easy commute, with downtown Tampa about 44 minutes away and Walt Disney World roughly 55 minutes out.
For buyers today, the picture is a small, focused one: there are 9 active listings around Lake Somerset with a median list price of $265,000. That price point puts it within reach of a lot of Central Florida buyers, and it sits comfortably alongside the broader inventory of Lakeland homes for sale. With a limited number of homes on the market, moving decisively when the right one appears matters more than waiting for the perfect deal.
Lake Somerset is a community in Lakeland, Florida.
Quick facts
$249,000 – $440K price range
1,166 sqft median home
$79/mo median HOA
39 sold in 12 months
Drive times
On the market now
Homes for sale in Lake Somerset
$250,000
2903 STANHOPE AVENUE, LAKELAND
3 bd · 1 ba · 1,048 sqft
$265,000
3022 VENICE WAY, LAKELAND
3 bd · 2 ba · 968 sqft
$305,000
1754 TURTLE ROCK DRIVE, LAKELAND
3 bd · 2 ba · 1,753 sqft
$259,000
3014 VENICE WAY, LAKELAND
3 bd · 1.5 ba · 1,166 sqft
$249,000
3004 DREWERY AVENUE, LAKELAND
3 bd · 1.5 ba · 1,106 sqft
$439,900
1178 WINDJAMMER DRIVE, LAKELAND
3 bd · 2.5 ba · 2,008 sqft
$288,000$289,900
2925 BELLWOOD AVENUE, LAKELAND
4 bd · 2 ba · 1,520 sqft
Every active listing inside the Lake Somerset boundary
Open full map search →Find your fit
Browse Lake Somerset
By feature — on the live map
Where the market lives
The numbers that matter
The Lake Somerset market
39
Sold, last 12 months
$271,000
Median sold price
98%
Sale-to-list ratio
What sellers actually get vs asking
25 days
Median time to sell
Lake Somerset vs Lakeland
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▼ 8.3% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Lake Somerset boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Lake Somerset is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Lake Somerset home
≈ $1,861/mo
$265,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$79/mo
Median HOA
From current listings inside the boundary
Population
1,607
Median age
50
Median income
$63,530
Median home value
$222,764
Beyond the listings
Living in Lake Somerset
Hobbies & Interests
Top 3% in the U.S.Dog Lovers
Pups are just another member of the family. Dog lovers adore their tail-wagging friends and are looking for new ways to make them happy.
Attitudes
Top 3% in the U.S.Volunteering & Giving
Expressing a desire to give back and do good for the community, this behavior emphasizes charity. Common activities include volunteering, fundraisers, and donations.
Relationships
Top 6% in the U.S.Networking
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
Hobbies & Interests
Top 7% in the U.S.Animal Advocates
Passionate about animal welfare, this population wants to know how best to care for their own pets (with toys and training) and help other animals find their fur-ever home.
Relationships
Top 10% in the U.S.Connected Motherhood
Motherhood is a unique journey for every woman. There are highs, lows,and lots to celebrate. These moms seek to share their experiences and engage with a community of moms.
Relationships
Top 12% in the U.S.Love & Romance
Love is in the air when this population is present. Includes people expressing their feelings for significant others in special ways. Common activities include anniversaries and date nights.
People who close here
Our Lakeland experts
Yordanka Sanchez Quillen
REALTOR®
Brittany Huey
REALTOR®
Kevin Johnson
CEO & Managing Broker
Iain Robinson
Broker Associate
Straight answers
Lake Somerset FAQs
Is Lake Somerset a good place to live?+
It's a good fit for buyers who want an established Lakeland neighborhood with real breathing room between Tampa and Orlando. The area is surrounded by well-known communities like Lake Hollingsworth and Sandpiper, and downtown Tampa sits about 44 minutes away. That balance of quiet and access is the main draw.
Is Lake Somerset expensive?+
Not by Central Florida standards — the median list price around Lake Somerset is $265,000, which is an accessible entry point compared to many Tampa and Orlando suburbs. There are currently no listings in the neighborhood above $1 million, so it skews toward mainstream buyers rather than the luxury tier.
What do homes cost in Lake Somerset?+
Right now there are 9 active listings with a median list price of $265,000. Inventory is small, so the specific homes available shift quickly, and it's worth comparing them against the wider pool of Lakeland homes for sale to gauge value.
How is the market in Lake Somerset?+
It's a low-inventory market with 9 homes currently active and no recorded sales in the neighborhood over the past 12 months, which means turnover is limited. In a thin market like this, being ready to act when a home lists matters more than trying to time a dip.
What about HOA fees and property taxes?+
HOA and property tax figures aren't currently reported for the Lake Somerset listings, so those costs are best confirmed on a per-property basis. Nearby communities such as Lake Bentley can offer a useful reference point, and your agent can pull the exact numbers for any home before you make an offer.
Keep exploring
More Lakeland neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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