$1,380,000 for Sale
503 w lutz lake fern road , lutz, FL 33548
Beds 4 | Baths 5 | 3,463 Sqft | 3.85 Acres |
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Property Description
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.
Waterfront
Water Name: LITTLE LAKE HOBBS, LAKE HOBBS
Water Description: Lake Front
General Information
Sale Price: $1,380,000
Price/SqFt: $398
Status: Active
MLS#: TB8411441
City: lutz
Post Office: lutz
County: Hillsborough
Subdivision: unplatted
Acres: 3.85
Lot Dimensions: 15 x 280
Bedrooms:4
Bathrooms:5 (3 full, 2 half)
House Size: 3,463 sq.ft.
Acreage: 3.85 est.
Year Built: 1981
Property Type: Single Family Residence
Style: Contemporary
Features & Room Sizes
Paved Road: Paved
Construction: Cedar, Stone, Stucco, Wood Frame, Wood Siding
Exterior Misc: Balcony, French Doors, Hurricane Shutters, Irrigation System, Lighting, Outdoor Grill, Storage
Fireplaces: Yes
Fireplace Description: Gas, Living Room, Stone
Basement: No
Foundation : Slab
Appliances: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Trash Compactor, Washer, Water Softener
Cooling: Central Air
Heating: Central, Electric, Heat Pump
Waste: Septic Tank
Watersource: Well
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $564
Legal Description: See Deed for both addresses

Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Robin Shepard of ERA AMERICAN SUNCOAST REALTY, Phone: 352-726-5855