tomo logo

$1,200,000

Beds
4
Baths
3.5
sq ft
2,674

503 W Lutz Lake Fern Rd, Lutz, FL 33548

503 W Lutz Lake Fern Rd

LUTZ, FL 33548

  • 244 days on market
    • Price drop $400,000↓
Seller financing available! Truly an opportunity of a lifetime awaits with 2.75 acres on 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. As you arrive, you'll be greeted by the sight of scattered pecan, 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 two-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 inside, 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 remote stone fireplace. French doors lead out to a large patio, offering stunning views of Little Lake Hobbs. 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 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!

Details

Property type

Single Family Residence

Lot size

1.75 acres

Price per sq ft

$449

Year built

1981

Annual property taxes

$524

HOA

No

Price History

01/06/2025
StellarMLS

StellarMLS #U8243721

Price change
$1,200,000
-25%
10/14/2024
StellarMLS

StellarMLS #U8243721

Price change
$1,600,000
-4.48%
10/06/2024
StellarMLS

StellarMLS #U8243721

Removed
$1,675,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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Status: Active

Tomo last checked: 01/22/2025 at 3:05 PM

Listing updated: 01/12/2025 at 8:26 AM

Listed by: Mimi DeSetto, COASTAL PROPERTIES GROUP INTERNATIONAL Phone #: (727) 493-1555

MLS: StellarMLS #U8243721

StellarMLS logo

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