Lake Somerset, Lakeland, FL, Real Estate

Lake Somerset currently has 4 single family homes for sale with an average list price of $330,950. The average annual property tax for Lake Somerset is $1,887.

Current Homes for Sale

Schools

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What's Hot & What Not

Absorption Report Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Lake Somerset, i.e. what's hot and what's not.

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Recent Sales

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Subdivisions

Subdivisions Median Price
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Cleveland Heights

Cleveland Heights is a single-family home community in Lakeland, Florida, built between 1922 and 2023. It currently has 9 single family homes for sale with an average list price of $457,500 and 1 lot for sale with a list price of $250,000. The homes range in size from 820 ft2 to 6,045 ft2. The average annual property tax for Cleveland Heights is $2,719. ... Read more
Median Price: $287,500
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Cleveland Heights Manor

Cleveland Heights Manor is a single-family home community in the Lake Somerset neighborhood of Lakeland, Florida, built between 1959 and 2022. It currently has 2 single family homes for sale with an average list price of $322,450. The homes range in size from 1,125 ft2 to 2,028 ft2. The average annual property tax for Cleveland Heights Manor is $1,637. ... Read more
Median Price: $305,000
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Edgewood Park

Edgewood Park is a single-family home community in the Lake Somerset neighborhood of Lakeland, Florida, built between 1958 and 2022. It currently has 4 single family homes for sale with an average list price of $217,375. The homes range in size from 480 ft2 to 1,811 ft2. The average annual property tax for Edgewood Park is $1,282. ... Read more
Median Price: $241,000
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Lakeshore Estates

Lakeshore Estates is a single-family home community in the Lake Somerset neighborhood of Lakeland, Florida, built between 1986 and 1987. It currently has no homes for sale. The homes range in size from 1,769 ft2 to 2,639 ft2. The average annual property tax for Lakeshore Estates is $3,108. ... Read more
Median Price: $499,800
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Pine Acres

Pine Acres is a single-family home community in the Lake Somerset neighborhood of Lakeland, Florida, built between 1960 and 1978. It currently has 1 single family home for sale with a list price of $189,900. The homes range in size from 768 ft2 to 1,260 ft2. The average annual property tax for Pine Acres is $957. ... Read more
Median Price: $200,000
Show all 8 Subdivisions

Subdivisions

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Market Trends

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Real Estate News

Homes Just Sold in Lake Somerset: April 23rd to April 29th

Homes Just Sold in Lake Somerset: April 23rd to April 29th - April 30, 2024

Lake Somerset had only 1 sale during the week of Tuesday, April 23 to Monday, April 29, including and it was a single family home for sale with a list ... continue reading
Homes Just Sold in Lake Somerset: April 16th to April 22nd

Homes Just Sold in Lake Somerset: April 16th to April 22nd - April 23, 2024

Lake Somerset had only 1 sale during the week of Tuesday, April 16 to Monday, April 22, including and it was a single family home for sale with a list ... continue reading
Homes Just Sold in Lake Somerset: March 19th to March 25th

Homes Just Sold in Lake Somerset: March 19th to March 25th - March 26, 2024

Lake Somerset had only 1 sale during the week of Tuesday, March 19 to Monday, March 25, including and it was a single family home for sale with a list ... continue reading
Homes Just Sold in Lake Somerset: March 12th to March 18th

Homes Just Sold in Lake Somerset: March 12th to March 18th - March 19, 2024

Lake Somerset had only 1 sale during the week of Tuesday, March 12 to Monday, March 18, including and it was a condo for sale with a list price of ... continue reading
New Homes For Sale This Week in Lake Somerset: March 8th to March 14th

New Homes For Sale This Week in Lake Somerset: March 8th to March 14th - March 15, 2024

Lake Somerset had only 1 new home for sale during the week of Friday, March 8 to Thursday, March 14, including and it was a single family home for sale ... continue reading
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Real Estate News

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