8234 Tea Olive Terrace, Palmetto, FL 34221 (MLS # A4698380)

PRICE $725,000 dsIDX morgage calculator
BEDS 5
BATHS 4
HOME SIZE 2,949 sqft
LOT SIZE 6,534 sqft

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.

DAYS ON MARKET 1 LAST UPDATED 6/29/2026
TRACT IMPERIAL LAKES RESIDENTIAL YEAR BUILT 2023
COMMUNITY 34221 - Palmetto/Rubonia GARAGE SPACES 2.0
COUNTY Manatee STATUS Active
PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Convection Oven, Cooktop, Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator
AREA 34221 - Palmetto/Rubonia
CONSTRUCTION Block, Frame, Stucco
GARAGE Yes
HEAT Electric
HOA DUES 120
INTERIOR Built-in Features, Crown Molding, High Ceilings, Open Floorplan, Smart Home, Stone Counters, Tray Ceiling(s), Walk-In Closet(s)
LOT 6534 sq ft
LOT DESCRIPTION Landscaped, Paved, Waterfront
PARKING Driveway, Garage Door Opener, Attached
POOL Yes
POOL DESCRIPTION Heated, In Ground, Salt Water, Screen Enclosure, Tile, Private
SEWER Public Sewer
STORIES 2
STYLE Florida, Ranch
SUBDIVISION IMPERIAL LAKES RESIDENTIAL
TAXES 264
UTILITIES Cable Available, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
VIEW Yes
VIEW DESCRIPTION Lake, Water, Trees/Woods
WATER Public
WATERFRONT Yes
WATERFRONT DESCRIPTION Lake Front
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Listing provided by Heidi Gibson, COMPASS FLORIDA LLC, 727-380-2067
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 6/30/26 12:09 PM PDT.

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