Homes for sale - 503 W LUTZ LAKE FERN RD, Lutz, FL 33548

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Mike Derenthal

mike@derenthalrealty.com +1(321) 662-8014

$ 1,600,000

Est. payment | -/mo

4 Beds

4 Baths

2,674 SqFt

Save Virtual Tour

$ 1,600,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

4 Baths

2,674 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,674 sqft

Price per Sqft $598

Subdivision Unplatted

MLS Listing ID U8243721

Bedrooms 4

Full Baths 3

Half Baths 1

HOA Y/N No

Originating Board Stellar MLS

Year Built 1981

Annual Tax Amount $524

Lot Size 1.750 Acres

Acres 1.75

Lot Dimensions 15x280

Property Description

SELLER FINANCING AVAILABLE! NO FLOOD INSURANCE REQUIRED! Truly an opportunity of a lifetime awaits with this extraordinary property, which includes not one, but two expansive lots totaling 3.85 acres on the serene Little Lake Hobbs. Seller willing to sell parcels separately. Steeped in history, this estate has been cherished by one family since 1927. Zoned residential agricultural, this unique property offers unparalleled freedom with no restrictions—bring your RV and store it in the onsite metal RV storage shed, or take advantage of a garage with rear access to easily launch your boat or jet ski directly into the lake. If you’ve dreamed of a lakefront farm, horses are welcome too. This is the last buildable lakefront property in the area, so if you’re a builder or an investor, there is opportunity for you here as well. As you arrive, you'll be greeted by the sight of pecan groves, avocado, banana, cherry, papaya, and mulberry trees, among others, which adorn the landscape. Hidden among lush foliage, you’ll find a three-story lakefront home featuring four bedrooms, three and a half baths, a den, and a four-car garage. With two full kitchens and a versatile floor plan, the possibilities endless! The first floor serves as a self-contained apartment complete with a bedroom, living room, dining room, full kitchen, and washer/dryer hookups. Stepping up to the main floor, you'll be greeted by high ceilings adorned with Canadian cedar beams, exuding charm and character throughout. On the second floor, enjoy a drink from the indoor bar while marveling at the craftsmanship of the gas stone fireplace. French doors lead out to a large patio, offering stunning views of Little Lake Hobbs. Additionally, the property features a separate garage with a lift and half bath, fully plumbed for conversion into a separate dwelling. Experience the luxury of direct lake access to the smaller Lake Hobbs and the privacy it provides, as well as the unique advantage of a deep water canal connection to the larger Lake Hobbs. This allows you to indulge in various water activities such as boating, fishing, and swimming right from your backyard. Imagine waking up to breathtaking sunrises over tranquil waters and ending your days with picturesque sunsets, enjoying the ultimate Florida living experience for generations to come. This unique property is truly something you have to see to believe. Even though you'll feel like you're experiencing country waterfront living at its finest, you're still close to it all. Just down the road is the Oscar Cooler Park, a multi-sport complex featuring soccer fields, football fields, baseball fields, basketball courts, tennis courts, playgrounds, and more. With a short drive to US-41, this prime location ensures an easy commute into Tampa with a 20 minute drive to Tampa International Airport and plenty of shopping and dining options right at your fingertips. Close proximity to Cheval Equestrian Center. Don’t let this opportunity of a lifetime pass you by, schedule your showing today! Per the seller, no water intrusion or damage to the home from hurricanes Helene or Milton
Two Parcels
U-11-27-18-ZZZ-000000-51840.0
U-12-27-18-0GU-000000-00065.0

Location

State FL

County Hillsborough

Community Unplatted

Zoning ASC-1

Interior

Interior Features Ceiling Fans(s), Dry Bar, Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, PrimaryBedroom Upstairs, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments

Heating Electric, Propane

Cooling Central Air

Flooring Carpet, Ceramic Tile

Fireplace true

Appliance Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range Hood, Refrigerator, Trash Compactor, Washer

Laundry Inside

Exterior

Exterior Feature Balcony, French Doors, Irrigation System

Garage Spaces 3.0

Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Propane, Public, Sprinkler Meter, Water Connected

Waterfront Description Lake

View Y/N Yes

Water Access Yes

Water Access Desc Lake

Roof Type Shingle

Attached Garage true

Garage true

Private Pool No

Building

Story 3

Entry Level Three Or More

Foundation Slab

Lot Size Range 1 to less than 2

Sewer Septic Tank

Water Well

Structure Type Block,Wood Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Listed by COASTAL PROPERTIES GROUP INTERNATIONAL

"I will try my best to follow up with you within one business day. If you would prefer a faster response, feel free to call or text me directly at my cell below. Thanks!"

+1(321) 662-8014

mike@derenthalrealty.com

11 S Bumby Ave, Orlando, FL, 32803, United States

503 W LUTZ LAKE FERN RD Lutz, FL 33548