503 W Lutz Lake Fern Rd Lutz FL 33548 MLS U8243721

PENDING $1,800,000
Photo one of 503 W Lutz Lake Fern Rd Lutz FL 33548 | MLS U8243721
503 W Lutz Lake Fern Rd
Lutz, FL 33548 MLS# U8243721
  • Bedrooms

    4

  • Baths

    4

  • Sq. Feet

    2674

  • Year Built

    1981

  • Days On Market

    37

  • $/SqFt

    $673

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Home Description: 503 W Lutz Lake Fern Rd

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!

  • Private Pool: False
  • Water View: Lake
  • Water Frontage: Lake
  • Water Feet: 0
  • Water Access: Lake
  • 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
  • Appliances: Built-In Oven,Cooktop,Dishwasher,Disposal,Dryer,Gas Water Heater,Microwave,Range Hood,Refrigerator,Trash Compactor,Washer
  • Floor Covering: Carpet,Ceramic Tile
  • Exterior Features: Balcony,French Doors,Irrigation System
  • Exterior Contruction: Block,Wood Frame
  • Foundation: Slab
  • Front Exposure: South
  • Roof: Shingle
  • Building Sqft: 2674

Approximate Room Sizes / Descriptions

Kitchen14x17First
Dining Room12.5x14First
Living Room27.5x15First
Primary Bedroom15x17Second
  • Attached Garage: True
  • Garage: True
  • Garage Spaces: 3
  • Carport: False
  • Carport Spaces: 0
  • Air Conditioning: Central Air
  • Heating: Electric,Propane
  • Utilities: BB/HS Internet Available,Cable Available,Electricity Connected,Phone Available,Propane,Public,Sprinkler Meter,Water Connected
  • Lot Sqft: 76230.00
  • Lot Dim: 15x280
  • Lot Acres: 1.7500
  • Total Acre: 1 to less than 2
  • Lot Num: 00
  • Senior Community: False
  • Style: Single Family Residence
  • Building Num Floors: 3
  • : 727-493-1555

Neighborhood

The average asking price of a 4 bedroom Lutz home in this zip code is $931,858 (48.2% less than this home).

This home is priced at $673/sqft, which is 53.2% less than similar homes in the 33548 zip code.

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503 W Lutz Lake Fern Rd Lutz FL 33548

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Financial

  • Approx Payment:$8,756*
  • Taxes:$524

Area Stats

These statistics are updated daily from the My Florida Regional MLS. For further analysis or to obtain statistics not shown below please call EasyStreet Realty at (727) 247-2363 and speak with one of our real estate consultants.

Listing Courtesy of COASTAL PROPERTIES GROUP INTERNATIONAL.

503 W Lutz Lake Fern Rd, Lutz FL is a single family home of 2674 sqft and is currently priced at $1,800,000 . This single family home has 4 bedrooms. A comparable home for sale at 516 Cypress Ln in Lutz is listed at $559,900. This home on 503 W Lutz Lake Fern Rd has not had a price change. In addition to single family homes, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures in Lutz, FL. Ladera, Crenshaw Lakes and Manors At Crystal Lakes are nearby neighborhoods. MLS U8243721 has been posted on this site since 5/23/2024 (today).

2024 6/29/2024.

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