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62
Photos
503 W Lutz Lake Fern ROAD, Lutz, FL 33548
$1,800,000 Asking Price
$---/mo Est. Payment Get Prequalified »
4
beds
4
baths
2,674
sqft
Built in
1981
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!
Features & Amenities
Interior
- General:
- 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
- Appliances:
- Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range Hood, Refrigerator, Trash Compactor, Washer
- Laundry:
- Inside
- Flooring:
- Carpet, Ceramic Tile
- A/C:
- true, Central Air
- Heating:
- true, Electric, Propane
- Fireplace:
- Fireplace
Exterior
- General:
- Balcony, French Doors, Irrigation System
Construction
- Roofing:
- Shingle
- General:
- Block, Wood Frame, Three Or More, Slab
Location
- Road/Access:
- Asphalt
- Originating MLS:
- Stellar MLS
- County:
- Hillsborough
Lot
- Zoning:
- ASC-1, 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, U112718ZZZ00000051840.0
Utilities
- Utilities:
- BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Propane, Public, Sprinkler Meter, Water Connected
- Water:
- Well
- Sewer:
- Septic Tank
Financial
- Source:
- Stellar MLS
- Buyers Agent Compensation:
- 2.5%-$395
- NA Compensation:
- 2.5%-$395
This listing courtesy of:
COASTAL PROPERTIES GROUP INTERNATIONAL, Mimi DeSetto
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Lutz, FL
Housing
- Number of Units
- 31,020
- Median Home Value
- $317,498
- Median Rent
- $1,081
28.59% of housing units are renter occupied.
6.07% are vacant.
Commute
- Car
-
66.06%
- Public Transportation
-
0.18%
- Walk to Work
-
0.83%
- Work from Home
-
32.12%
- Other
-
0.64%
The median travel time to work is 23 minutes.
People
- Population
- 74,243
- Median Age
- 39.70
- Median Household Size
- 2.82
Education
- High School
-
22.39%
- Associate’s Degree
-
9.98%
- Bachelor’s Degree
-
26.46%
- Graduate Degree
-
19.27%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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