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Mimi DeSetto · COASTAL PROPERTIES GROUP INTERNATIONAL

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Buy a houseat 503 W LUTZ LAKE FERN ROAD, LUTZ, FL 33548

$1,700,000

$1,800,000 (-5.56%)

$0/mo

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Residential

2,674 Sq. Ft.

1.75 Acres lot

4 Bedrooms

4 Bathrooms

193 Days on market

U8243721 MLS ID

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Property sales history

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About 503 W LUTZ LAKE FERN ROAD house

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. 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! Two Parcels U-11-27-18-ZZZ-000000-51840.0 U-12-27-18-0GU-000000-00065.0
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. 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! Two Parcels U-11-27-18-ZZZ-000000-51840.0 U-12-27-18-0GU-000000-00065.0

Property details

Appliances

Cooktop

Dishwasher

Disposal

Dryer

Gas Water Heater

Microwave

Range Hood

Refrigerator

Trash Compactor

Washer

Construction materials

Block

Cooling

Central Air

Exterior features

Balcony

Flooring

Carpet

Ceramic Tile

Foundation details

Slab

Heating

Electric

Propane

Interior features

Dry Bar

Eat-in Kitchen

High Ceilings

Vaulted Ceiling(s)

Walk-In Closet(s)

Laundry features

Inside

Levels

Three Or More

Lot features

Waterfront

Parking features

Attached

Road surface type

Asphalt

Roof

Shingle

Sewer

Septic Tank

Utilities

Cable Available

Electricity Connected

Phone Available

Propane

Water Connected

View

Lake

Water

Waterfront features

Lake Privileges

Lake

Monthly cost

Estimated monthly cost

$11,017/mo

All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Jun 8, 2001

Price

$108,000

DatePrice
Jun 8, 2001$108,000

Schools

This home is within the Hillsborough.

Tampa & Lutz & Land O Lakes enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$1,598,000

+$51,000

$1,649,000

Seller agent commission$51,000 (3%)*

$0 (0%)

Buyer agent commission$51,000 (3%)*

$51,000 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

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Unreal Estate checked: Sep 10, 2024 at 1:32 p.m.

Data updated: Sep 9, 2024 at 2:53 p.m.

Courtesy of COASTAL PROPERTIES GROUP INTERNATIONAL.
This content last updated on 09/09/2024. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This content last updated on 08/08/2023. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Listing Information © 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.

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