262 AMARYLLIS WAY, LAKE ALFRED, FL, 33850
Active19 days on marketListed Jul 17, 2026MLS #L4963559
About this home
262 AMARYLLIS WAY
Welcome to this exceptional custom Arthur Rutenberg residence, perfectly positioned on an oversized 0.42-acre cul-de-sac lot in the sought-after gated community of Water Ridge. Built in 2019, this beautifully designed home offers 4 bedrooms, 3 bathrooms, and 2,415 square feet of elegant living space, showcasing quality craftsmanship and timeless design. Step inside to discover soaring tray ceilings, crown molding, custom built-ins, and abundant natural light that enhance the home's open, inviting atmosphere. The thoughtfully designed floor plan seamlessly connects the main living spaces, making it ideal for both everyday living and effortless entertaining. At the heart of the home, the gourmet kitchen features premium appliances, a built-in oven and cooktop, solid wood cabinetry, stone countertops, an oversized center island, and a spacious pantry. Overlooking the great room and dining area, it's the perfect space to gather with family and friends. The private owner's suite offers a relaxing retreat with a spacious walk-in closet and a spa-inspired bath featuring dual vanities, stone countertops, and an oversized walk-in shower with a built-in bench. A secondary bedroom includes its own en-suite bath, providing added privacy for guests or multigenerational living, while the additional bedrooms provide flexibility for family, a home office, or hobbies. Enjoy Florida living year-round on the expansive 744-square-foot screened lanai, complete with a heated above-ground spa and generous space for outdoor dining, entertaining, or simply unwinding. Additional highlights include an oversized driveway, side-entry garage, tile roof, block and stucco construction, irrigation system, professional landscaping, and a well-appointed laundry room with built-in cabinetry and a utility sink. This exceptional residence offers the quality craftsmanship Arthur Rutenberg is known for, paired with the relaxed elegance of Florida lake living. Located in the desirable, gated community of Water Ridge; a one-of-a-kind, upscale community with Resort-Style amenities. Enjoy Tennis and Pickleball courts, a Basketball court, 3 Pools, Access to 3 Lakes, Boat Ramps, Fishing docks, Boat Storage area, a large Fitness center, Sauna and a beautiful clubhouse. Located between Tampa and Orlando with easy access to I-4 and a short drive to Universal Studios, Disney Parks, Legoland, shopping, dining, and much more!
Facts & features
The home at a glance
4
Bedrooms
3
Bathrooms
2,415
Sqft
0.42 ac
Lot size
2
Garage
2019
Year built
One
Levels
$327
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$6,037 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$6,037/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+92.5%
$/sqft vs WATER RIDGE SUB
$327 vs $282
Days on market
19 vs 60 typical
Where $327/sqft sits among the 6 homes for sale in WATER RIDGE SUB
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Water Ridge
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Lake Alfred. See the full Lake Alfred guide →
Water Ridge — neighborhood snapshot
Population
256
Median age
46
Median income
$66,839
Median home value
$255,481
Avg household
3
Households w/ children
24%
For the school run
Polk County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Lake Alfred market
$311K → $349K
Lake Alfred median sold, yr/yr
98.4%
Sale-to-list ratio (12 mo)
4 of 6
WATER RIDGE SUB have cut their price
Median sold price, Lake Alfred, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 140% above the LAKE ALFRED 33850 median. See the full Lake Alfred market guide →
Paper trail
This home's history
Reality check
What actually sold near 262 AMARYLLIS WAY
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$560,000
193 STARGRASS DRIVE · same community
4 bd · 3 ba · 2,400 sqft · $233/sqft · 148 DOM
Sold · Feb ’26$734,561
481 WATERFERN TRAIL DRIVE · same community
4 bd · 3 ba · 2,470 sqft · $297/sqft · 0 DOM
Sold · Aug ’25$474,000
544 WATERFERN TRAIL DRIVE · same community
3 bd · 3.5 ba · 2,475 sqft · $192/sqft · 806 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 262 AMARYLLIS WAY — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 262 AMARYLLIS WAY — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
262 AMARYLLIS WAY FAQs
What would the monthly payment be for 262 AMARYLLIS WAY?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $6,037/mo — principal and interest, the actual property-tax bill, the $350/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 262 AMARYLLIS WAY?+
The association fee works out to $350 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 262 AMARYLLIS WAY?+
The most recent tax bill on record (2025) was $11,620. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 262 AMARYLLIS WAY?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Lake Alfred?+
At $790,000, this home is listed about 120% above the Lake Alfred median of $359,440. The market section on this page shows how the area is trending.
Which schools are assigned to 262 AMARYLLIS WAY?+
Lake Alfred Polytech Academy (middle), Lake Alfred Elementary School (elementary), Auburndale Senior High School (high) — Polk County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of KELLER WILLIAMS REALTY SMART 1 · Indira Shakirova. MLS #L4963559.
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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