503 W Lutz Lake Fern Road, Lutz, FL 33548 (MLS # TB8411441)

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PRICE $1,380,000 BEDS 4 BATHS 5 HOME SIZE 3,463 sqft LOT SIZE 3.85 ac Request More Info Schedule a Showing

Exceptional Lakefront Estate on Nearly 4 Acres This rare retreat spans two adjoining parcels and offers a unique blend of natural beauty, spacious living, and versatile functionality. Horses allowed. No flood insurance required. No HOA. The primary residence is a striking 3-story contemporary home (built in 1981) designed to capture panoramic views of Lake Hobbs from every level. Inside the main home, you'll find over 3,463 square feet of living space and a total of 5,472.70 square feet under roof. Whether you're seeking a full-time residence, a multi-generational compound, or a unique investment opportunity, this lakeside estate is rare and remarkable. The 2nd floor is the heart of the home with the great room featuring vaulted ceilings with Canadian cedar beams, a floor-to-ceiling brick fireplace with gas logs, an eat-in kitchen, dry bar with cedar shelving, dining area, and atrium breakfast nook. Also includes a walk-in closet at the entry door, half bath, and laundry room with built-in ironing board. The ground level in-law suite has its own entrance, full kitchen, walk-in closet, bath with walk-in shower, and living area. Sliding doors open to a covered patio with koi pond and lake views. Upstairs, the 3rd floor hosts the primary suite and two guest bedrooms. The primary suite includes a large walk-in closet that has a window and exhaust fan, jetted tub encased in glass, walk-in shower, bidet, high-rise commode, and vanity. Guest bath features a steam bath with jacuzzi tub. Outdoor living shines with a screened patio and 6-person jacuzzi and a 2nd-level balcony with elevated lake views connected to the 3rd level deck via circular staircase. The 2nd parcel at 417 Trout Lake Ct includes a 1,280 sq ft concrete block garage with two 8-ft doors, 10-ft ceilings, half bath, extra footings, and wooden trusses were constructed for potential upward expansion. A metal-roofed pole barn and multiple parking pads accommodate boats, RVs, or equipment. A Ford tractor with bush hog is included (needs repair). The estate is fenced with electric front fencing and features a pecan grove, Bahia pasture, avocado, cherry, papaya, mulberry trees, and grapevines. A cement table with tiled top offers shaded lake views. Additional features: outdoor lighting, well-fed irrigation, 300-ft deep well with 3 HP submersible pump, 100-ft backup well, and the propane instant water heater and attic fan on the 3rd level supports the home energy-efficiency. Water enthusiasts will love the boat dock with lighting/electric outlet, boat lift, launch, and drive-thru garage for easy lake access. Approx. 350 ft of freshwater shoreline with stairway access from the home within a few feet. Conveniently located just 20 mins from downtown Tampa with easy access to Suncoast Pkwy, Van Dyke Rd, and Dale Mabry Hwy. Commute times: 21 mins to Tampa VA Hospital, 22 mins to Tampa Airport, 36 mins to MacDill AFB, 20 mins to USF, and under 1.5 hrs to Orlando Airport.