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$349,000

4475 OLD COLONY ROAD, MULBERRY, FL 33860

3D Tour
Active16 days on market

Beds

3

Baths

2

Sq Ft

1,492 sq ft

Year Built

1977

Lot Size

0.27 acres

Garage

2

About This Property

Back on the market!! New Roof!! Fully Loved, Fully inspected opportunity is yours to be had! Discover the perfect blend of character, comfort, and convenience in this contemporary pool home nestled in the desirable Imperial Lakes community. Situated on a .27-acre lot with peaceful lake views, this 3-bedroom, 2-bath residence offers 1,492 square feet of living space (2,484 total under roof) and features all the bonus updates buyers look for. New windows were placed in 2021, insulation, ductwork, and exterior paint, new pool cage and screen with hurricane tie-downs in 2023, a new water heater in 2024, and pool surface and deck in 2025 for added peace of mind. The thoughtfully designed split-bedroom floor plan showcases soaring vaulted ceilings, abundant natural light, beautiful wood flooring throughout the main living areas, luxury vinyl plank flooring in the bedrooms, and a stunning wood-burning fireplace that serves as the heart of the home. Step outside to your private backyard retreat featuring a screened-in pool and covered lanai—perfect for relaxing, entertaining, or enjoying Florida's year-round outdoor lifestyle while taking in the tranquil lake view. Pet owners will appreciate the fenced dog run, and the oversized two-car garage offers plenty of room for vehicles, storage, or a workshop. Located in the established Imperial Lakes community with a voluntary HOA of just $50 per year, you'll enjoy convenient access to South Lakeland, shopping, dining, and a Publix just outside the neighborhood entrance. If you've been searching for a home with architectural character, functional living space, and a backyard designed for enjoying Florida living, this is one you won't want to miss.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #L4964659
StatusActive
Year Built1977
Stories1
Total Rooms7
ConstructionWood Siding
RoofShingle
FoundationSlab
FacesSouthwest
SubdivisionIMPERIALAKES PH 01
CountyPolk
OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s), High Ceilings, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Split Bedroom
FlooringCeramic Tile, Luxury Vinyl, Hardwood
AppliancesDishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
LaundryInside, Laundry Room
CoolingCentral Air
HeatingCentral, Electric
FireplaceYes ()

Exterior & Lot

ExteriorDog Run
FencingOther
Lot Size0.27 acres (11,853 sq ft)
Road SurfaceAsphalt

Pool & Spa

Private PoolYes
Pool FeaturesIn Ground, Screen Enclosure

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesBB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected

Parking

GarageYes (2 spaces)

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$349,000
Original Price$339,000
Annual Taxes$2,820 (2025)
FinancingCash, Conventional, FHA, USDA Loan, VA Loan
ZoningPUD
Parcel #232927142000004650

Schools

ElementarySikes Elem
MiddleMulberry Middle
HighMulberry High

Directions

Beginning at the intersection of SR 60 (W Canal St) and SR 37 (N Church Ave), travel north on SR 37 for approximately 3.1 miles. Turn left onto Shephard Rd and travel approximately 0.8 miles. Turn left onto Imperial Pkwy and travel approximately 0.1 miles. Turn right onto Imperialakes Blvd and travel approximately 0.9 miles. Turn right onto Haven Hill Blvd and travel approximately 410 feet. Turn left onto Old Colony Rd and the property will be on the right.

Location

4475 OLD COLONY ROAD, MULBERRY, FL 33860

Listing Information

OfficeCOLDWELL BANKER REALTY
ListedAugust 30, 2026

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Scheduling is free, and you can cancel anytime.

Home Price

$349,000

20% ($69,800)
6.75%

Loan Term

Principal & Interest$1,811
Property Tax (est.)$320
Insurance (est.)$150
Total Monthly$2,281
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $349,000 home in MULBERRY.

🏛️

FHA Loan

$12,215 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$17,450 Down

Traditional financing. As low as 3-5% down with good credit.

🌾

USDA Loan

$0 Down

Zero down for eligible rural areas. Income limits apply.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Polk County SHIP

Varies

Income-qualifying Polk residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee, just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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 last updated: October 23, 2026.

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