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$1,600,000
214 Days On Site

503 W LUTZ LAKE FERN ROAD
LUTZ, FL 33548

For Sale|Single Family Residence|Active
4
Beds
3
Full Baths
1
Partial Bath
2,674
SqFt
$598
/SqFt
1981
Built
Subdivision:
UNPLATTED
County:
Hillsborough

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503 W LUTZ LAKE FERN ROAD503 W LUTZ LAKE FERN ROAD503 W LUTZ LAKE FERN ROAD503 W LUTZ LAKE FERN ROAD
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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

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Listing Snapshot
Price 
$1,600,000
Days On Site 
214 Days
Bedrooms 
4
Inside Area (SqFt) 
2,674 sqft
Total Baths 
4
Full Baths 
3
Partial Baths 
1
Lot Size 
1.75 Acres
Year Built 
1981
MLS® Number 
U8243721
Status 
Active
Property Tax 
$524
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoPrice changed to $1,600,000
2 months agoStatus changed to Active
7 months agoListing first seen on site
General Features
Acres 
1.75
Attached Garage 
Yes
Direction Faces 
South
Foundation 
Slab
Garage 
Yes
Garage Spaces 
3
Number Of Stories 
3
Parking 
Attached
Property Sub Type 
Single Family Residence
Sewer 
Septic Tank
SqFt Total 
2674
Stories 
Three Or More
Utilities 
Cable AvailableElectricity ConnectedPhone AvailablePropaneWater Connected
Water Source 
PrivateWell
Zoning 
ASC-1
Interior Features
Appliances 
CooktopDishwasherDisposalDryerGas Water HeaterMicrowaveRange HoodRefrigeratorTrash CompactorWasher
Cooling 
Central Air
Fireplace 
Yes
Flooring 
CarpetCeramic Tile
Heating 
ElectricPropane
Interior 
Dry BarEat-in KitchenHigh CeilingsVaulted Ceiling(s)Walk-In Closet(s)
Laundry Features 
Inside
Dining Room 
Dimensions - 12.5x14Level - First
Kitchen 
Dimensions - 14x17Level - First
Living Room 
Dimensions - 27.5x15Level - First
Master Bedroom 
Dimensions - 15x17Level - Second
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Exterior Features
Construction Details 
Block
Exterior 
Balcony
Lot Features 
Waterfront
Roof 
Shingle
View 
LakeWater
Waterfront 
Yes
Waterfront Features 
Lake PrivilegesLake
Waterview 
LakeWater
Community Features
Financing Terms Available 
CashConventional
MLS Area 
33548 - Lutz
Roads 
Asphalt
Township 
27
Listing courtesy of COASTAL PROPERTIES GROUP INTERNATIONAL 7274175194



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2024, Stellar MLS.
Data last updated at: 2024-10-29 08:00 PM EDT

Neighborhood & Commute
Source: Walkscore
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