8234 TEA OLIVE TERRACE, Palmetto, FL 34221

• 5 beds |
• 4 baths |
• 2,949 sqft

Property Description

Welcome to an extraordinary better-than-new luxury residence, perfectly positioned on one of the most desirable homesites at Tea Olive Terrace at the Fairways Imperial Lakes. Nestled within an exclusive enclave of only 66 homes, this intimate all-natural gas community, thoughtfully crafted by William Ryan Homes, offers a rare combination of quality construction, exceptional privacy, and timeless elegance. Set against breathtaking lake and preserve views, this exceptional home has been extensively upgraded beyond builder standards, offering the luxury, craftsmanship, and resort-style outdoor living today’s discerning buyers desire—without the additional expense, time, or uncertainty of building new. From the moment you arrive, professionally designed landscaping, elegant architectural details, and impressive curb appeal create a lasting first impression. Inside, soaring ceilings accented with tray ceilings and crown molding, designer lighting, upgraded remote operated ceiling fans, and abundant natural light complement the spacious open-concept floor plan. A built-in surround sound system with indoor and outdoor speakers creates the perfect setting for effortless entertaining. Designed with both luxury and functionality in mind, the chef’s kitchen is the heart of the home, featuring stainless steel appliances, quartz countertops, designer tile backsplash, abundant cabinetry with soft-close drawers and convenient pull-outs for ultimate organization, and an oversized center island overlooking the dining area, great room and your personal outdoor oasis. One of the home’s most sought-after features is its versatile floor plan, offering two luxurious primary suites, providing exceptional flexibility for multi-generational living. Outside, your private backyard paradise is already beautifully completed showcasing a custom heated saltwater pool and spa with elegant waterfalls, LED lighting, premium decking, and a panoramic picture-screen enclosure that perfectly frames the tranquil lake and preserve views. The pool was thoughtfully constructed with an extra-deep end, perfect for cannonballs and added fun. Your paradise can easily be enhanced with an outdoor kitchen with the plumbing and gas lines already installed for the outdoor chef. This home also features hurricane-impact glass throughout, providing superior storm protection, enhanced energy efficiency, and everyday comfort. A central vacuum system adds a unique and convenient feature for effortless cleaning throughout the home. Unlike new construction, every upgrade has already been completed—from the premium homesite and custom outdoor oasis to the professional landscaping, architectural enhancements, integrated audio system, designer finishes, built-in organization, garage storage racks for added functionality, and countless thoughtful details—allowing you to simply move in and enjoy. Residents of Tea Olive Terrace at the Fairways Imperial Lakes enjoy low HOA fees, NO CDD fees, championship golf nearby, and a prime location with convenient access to I-75, Lakewood Ranch, Sarasota, St. Petersburg, Tampa, world-class Gulf beaches, shopping, dining, and major airports. If you are seeking a rare combination of an exclusive boutique community, custom William Ryan Homes craftsmanship, all-natural gas living, hurricane-impact windows, and luxury upgrades inside and out, 8234 Tea Olive Terrace presents an exceptional opportunity to own one of the finest homes in this community.

Listing Status:

Active

Date Added:

June 30, 2026

Data Last Updated:

July 28, 2026 at 7:21PM

Listing Office:

COMPASS FLORIDA LLC : 727-380-2067

Listing Agent:

Heidi Gibson : 850-501-1110

MLS ID:

A4698380

Interior

• General: Built-in FeaturesCeiling Fans(s)Central VaccumCrown MoldingHigh CeilingsKitchen/Family Room ComboLiving Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main FloorSmart HomeSplit BedroomStone CountersTray Ceiling(s)Walk-In Closet(s)Window Treatments
• Rooms: Den/Library/OfficeFamily RoomInside UtilityStorage Rooms
• Appliances: Convection OvenCooktopDishwasherDisposalGas Water HeaterMicrowaveRefrigeratorWater Filtration System
• Laundry: Laundry Room
• Flooring: CarpetTile
• A/C: Central Air
• Heating: Electric

Exterior

• General: SidewalkSliding DoorsHeatedIn Ground
• Style: FloridaRanch
• Other Structures: Front PorchScreenedPatioCovered
• Pool: HeatedIn GroundLightingSalt WaterScreen EnclosureTile
• Parking: DrivewayGarage Door Opener

Construction

• Roofing: Shingle
• Windows: BlindsStorm Window(s)Window Treatments
• General: BlockStuccoFrameTwoSlab

Location

• Road/Access: Paved
• HOA Amenities: Golf CourseManagement120.0Monthly
• Originating MLS: Stellar MLS
• County: Manatee

Lot

• Zoning: RESLOT 55IMPERIAL LAKES RESIDENTIAL PI #6482.0775/9648207759
• View: Trees/WoodsWater

Utilities

• Utilities: BB/HS Internet AvailableCable AvailableElectricity ConnectedPublicSewer ConnectedUnderground UtilitiesWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple