Waterfront - Seller Financing
Address
503 W Lutz Lake Fern ROAD, LUTZ, FL
Price
$ 1,800,000
Property Attributes
- MLS#U8243721
- TypePending
- CountyHILLSBOROUGH
- CityLUTZ
- AreaLutz
- NeighborhoodUnplatted
- Zip33548
- StyleSingle Family Residence
- Year Built1981
- Taxes$ 524
- Price$ 1,800,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms1
- Sqr Footage2674
- Lot Size1.75 Acres
Data Source:
Stellar MLS
Property Description
Under contract-accepting backup offers. 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 for restoring this home to its former glory are 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. Don’t let this opportunity of a lifetime pass you by, schedule your showing today!
| Price History | |
|---|---|
| 5/23/2024 | Listed $1,800,000 |
General Features
| Interior Features | Ceiling Fan(s),Dry Bar,Eating Space In Kitchen,High Ceilings,Living Room/Dining Room Combo,PrimaryBedroom Upstairs,Vaulted Ceiling(s),Walk-In Closet(s),Window Treatments |
|---|---|
| Sewer | Septic Tank |
| Heating | Electric,Propane |
| Cooling | Central Air |
| Utilities | BB/HS Internet Available,Cable Available,Electricity Connected,Phone Available,Propane,Public,Sprinkler Meter,Water Connected |
| Roof | Shingle |
| Appliances | Built-In Oven,Cooktop,Dishwasher,Disposal,Dryer,Gas Water Heater,Microwave,Range Hood,Refrigerator,Trash Compactor,Washer |
| Exterior Features | Balcony,French Doors,Irrigation System |
| Zoning | ASC-1 |
| Garage Spaces | 3 |
| Construction Materials | Block,Wood Frame |
| Year Built | 1981 |
| Levels | Three Or More |
| Property SubType | Single Family Residence |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Waterfront Features | Lake |
| Additional Parcels Description | A0123820000 |
| County | Hillsborough |
| New Construction | No |
| Property Type | Residential |
| HOA / Comm Assn | No |
| Attached Garage | Yes |
| Subdivision Name | UNPLATTED |
| Facing Direction | South |
| Garage Y/N | Yes |
| Total Rooms | 4 |
| Status | Pending |
| Directions | N on Race Track Rd-L on CR 587/CR582- R on Van Dyke -L on 597N-R on W Lutz Lake Fern Rd |
| ModificationTimestamp | 2024-06-14T12:34:14.770Z |
| City | LUTZ |
| Buyer Agent Compensation | 2.5%-$395 |
| View Y/N | No |
| Senior Community Y/N | No |
| MLS Area | 33548 - Lutz |
| Lot Size Units | Acres |
| Lot Size Square Feet | 76230 |
| Waterfront Y/N | Yes |
| Carport Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 524 |
| Additional Parcels Y/N | Yes |
| Lease Considered Y/N | Yes |
| Virtual Tour | https://mlsvirtualtour.carrd.co/#lutz-lake-fern-503 |
| Days on Market | 21 |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Pending |
| Occupancy Type | Owner |
| Tax Lot | 00 |
| Legal Description | E 212.8 FT OF S 600.00 FT OF E 1/4 OF NE 1/4 OF NE 1/4 SUB TO PERMANENT EASEMENT FOR CHANNEL F R/W LESS S 30 FT FOR LUTZ LAKE FERN RD R/W |
| Water View | Lake |
| Water Access Type | Lake |
| Minimum Lease | No Minimum |
| Water Access Y/N | Yes |
| Water View Y/N | Yes |
| Flood Zone Code | X |
Interior Features
| Flooring | Carpet,Ceramic Tile |
|---|---|
| Total Stories | 3 |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Full Baths | 3 |
| Half Baths | 1 |
| Laundry Features | Inside |
| Total Bedrooms | 4 |
| LivingAreaSource | Public Records |
| Total Baths | 4 |
Exterior Features
| Water Source | Well |
|---|---|
| Lot Size Area | 1.75 |
| Foundation Details | Slab |
| Building Area Total | 2674 |
| Lot Dimensions | 15 x 280 |
| Lot Size Acres | 1.75 |
| Road Surface Type | Asphalt |
| Covered Spaces | 3 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 33548
Price
Taxes
Visits
Year Built
Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated Last updated on June 26, 2024 5:18 AM UTC The listing information on this page last changed on Last updated on June 26, 2024 5:18 AM UTCd. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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.
Updated on June 26, 2024 5:18 AM UTC
© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is 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. Information is deemed reliable but not guaranteed.
