503 W Lutz Lake Fern Road, Lutz, FL 33548
Local realty services provided by:Better Homes and Gardens Real Estate Lifestyles Realty
Listed by:robin shepard
Office:era american suncoast realty
MLS#:TB8411441
Source:MFRMLS
Price summary
- Price:$1,380,000
- Price per sq. ft.:$204.38
About this home
Exceptional Lakefront Estate on Nearly 4 Acres with 350 Ft of Freshwater Shoreline. This rare retreat spans 2 adjoining parcels and offers a unique blend of natural beauty, spacious living, and versatile functionality. Horses allowed. No HOA. No flood insurance required. The primary residence is a striking 3-story contemporary home (built in 1981), designed to capture panoramic views of the lake from every level. Inside the main home, you'll find 3,463 sq ft of living space and a total of 5,472.70 sq ft under roof. The attached 2-car garage features a rare drive-through design, allowing easy access straight through to the backyard and into Little Lake Hobbs, which connects to the 61-acre deep-water Lake Hobbs. The 2nd parcel, located at 417 Trout Lake Ct, includes a 1,280 sq ft concrete block garage with two 8-ft doors, 10-ft ceilings, 4-post car lift, a half bath, extra footings, and wooden trusses—constructed with potential for upward expansion. Whether you're seeking a full-time residence, a multi-generational compound, or a unique investment opportunity, this lakeside estate is truly rare and remarkable. The 2nd floor is the heart of the home, featuring a great room with vaulted ceilings and Canadian cedar beams, a floor-to-ceiling stone fireplace with gas logs, an eat-in kitchen, a dry bar with cedar shelving, a dining area, and an atrium breakfast nook. Additional features include a walk-in closet at the entry, a rec room, a half bath, and a laundry room with a built-in ironing board. The ground-level in-law suite has its own entrance, full kitchen, laundry room, walk-in closet, bathroom with walk-in shower, and a living area with sliding doors that open to a covered patio, koi pond, and lake views. Upstairs, the 3rd floor hosts the primary suite and 2 guest bedrooms. The primary suite includes a large walk-in closet with a window and exhaust fan, a jetted tub encased in glass, a walk-in shower, bidet, high-rise commode, and vanity. The guest bathroom features a steam bath with a 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 a circular staircase. 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, and mulberry trees, as well as grapevines. A cement bench offers shaded lake views. Additional Features: Outdoor lighting, Well-fed irrigation, 300-ft deep well with 3HP submersible pump, 100-ft backup well, Propane instant water heater and attic fan on the third level for energy efficiency. Water enthusiasts will love the covered boat dock with sundeck, boat lift, launch, outdoor lighting/electric outlet, and stairway access from the home just a few feet away. Conveniently located just 20 minutes from downtown Tampa, with easy access to the 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.
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Home facts
- Year built:1981
- Listing ID #:TB8411441
- Added:62 day(s) ago
- Updated:September 29, 2025 at 12:04 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:5
- Full bathrooms:3
- Half bathrooms:2
- Living area:3,463 sq. ft.
Heating and cooling
- Cooling:Attic Fan, Central Air
- Heating:Central, Electric, Heat Pump
Structure and exterior
- Roof:Shingle
- Year built:1981
- Building area:3,463 sq. ft.
- Lot area:1.75 Acres
Utilities
- Water:Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,380,000
- Price per sq. ft.:$204.38
- Tax amount:$564 (2024)
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