Tucked away in the exclusive Lost River Preserve, this custom built Mediterranean inspired lakefront estate presents a rare opportunity to own a fully curated, turnkey retreat with exceptional income producing flexibility. Spanning 2.25 acres across four parcels with more than 300 feet of water frontage, the property is designed for private enjoyment, luxury rental income, or a strategic blend of both. Curated furnishings are available to convey with acceptable terms, offering a seamless transition for buyers seeking immediate use as a luxury vacation rental, corporate retreat venue, or multi generational estate. Designed and executed with unparalleled craftsmanship, featuring poured concrete tilt wall construction, impact rated windows and doors, and a Galvalume aluminum tile look roofengineered for durability, resilience, and peace of mind. Elevated in Flood Zone X, the estate remains high and dry, rare in waterfront living. Inside, approximately 6,700 square feet unfolds across two distinct yet connected residences, joined by a sunlit foyerideal for multi generational living, extended family stays, or flexible rental configurations. The layout allows the homes to function together or independently, offering the ability to rent one wing while retaining private use of the other. Both living spaces boast walls of glass, soaring tray ceilings, and arched details that frame sweeping lake views, while the primary suites, also positioned on the water, feature spa inspired baths, dual closets, and seating bays. A flexible interior space with kitchenette and full ensuite opens to the pool terraceperfect for guest accommodations, wellness use, or rental versatility. Outdoors, a private resort awaits: a custom saltwater pool with sun shelves, oversized spa, pool bath, and outdoor kitchen beneath a screened lanai overlooking the lakean ideal setting for large family gatherings, holiday retreats, intimate celebrations, or hosted events. The covered boat dock includes a ski boat hoist and filleting station, while a secondary dock provides additional launch space and a lakeside perch for sunset views. Adding value and income potential, the detached guest villa offers approximately 1,200 square feet with a full kitchen and living quarters, ideal for short term rental, live in ownership with passive income, or private guest accommodations. Adjacent is a three bay garage suited for boats and recreational storage. A separate lakefront entertainment pavilion, complete with a full bath and double French doors, opens to the waterwell suited for weddings, corporate retreats, wellness weekends, or private events, allowing the estate to live and earn far beyond a traditional single family home. The property is eligible for rentals with a one week minimum, ideal for vacation rentals, group retreats, or owner occupied income strategies. Further enhancing future upside, the fourth parcel includes architectural plans for a three bedroom, two bath residence, providing a clear path to expand the estates rental footprint or long term value. Utilities are already initiated, including pre plumbingsaving time in the build process. Lost River Preserve spans 900 acres of protected lakes and shoreline, offering boating, kayaking, and trophy bass fishing amid preserved natural beautyjust 35 minutes from Downtown Tampa. More than a home, this is a legacy property with future income potentialwhere lifestyle, flexibility, and long term value align.
Tucked away in the exclusive Lost River Preserve, this custom built Mediterranean inspired lakefront estate presents a rare opportunity to own a fully curated, turnkey retreat with exceptional income producing flexibility. Spanning 2.25 acres across four parcels with more than 300 feet of water frontage, the property is designed for private enjoyment, luxury rental income, or a strategic blend of both. Curated furnishings are available to convey with acceptable terms, offering a seamless transition for buyers seeking immediate use as a luxury vacation rental, corporate retreat venue, or multi generational estate. Designed and executed with unparalleled craftsmanship, featuring poured concrete tilt wall construction, impact rated windows and doors, and a Galvalume aluminum tile look roofengineered for durability, resilience, and peace of mind. Elevated in Flood Zone X, the estate remains high and dry, rare in waterfront living. Inside, approximately 6,700 square feet unfolds across two distinct yet connected residences, joined by a sunlit foyerideal for multi generational living, extended family stays, or flexible rental configurations. The layout allows the homes to function together or independently, offering the ability to rent one wing while retaining private use of the other. Both living spaces boast walls of glass, soaring tray ceilings, and arched details that frame sweeping lake views, while the primary suites, also positioned on the water, feature spa inspired baths, dual closets, and seating bays. A flexible interior space with kitchenette and full ensuite opens to the pool terraceperfect for guest accommodations, wellness use, or rental versatility. Outdoors, a private resort awaits: a custom saltwater pool with sun shelves, oversized spa, pool bath, and outdoor kitchen beneath a screened lanai overlooking the lakean ideal setting for large family gatherings, holiday retreats, intimate celebrations, or hosted events. The covered boat dock includes a ski boat hoist and filleting station, while a secondary dock provides additional launch space and a lakeside perch for sunset views. Adding value and income potential, the detached guest villa offers approximately 1,200 square feet with a full kitchen and living quarters, ideal for short term rental, live in ownership with passive income, or private guest accommodations. Adjacent is a three bay garage suited for boats and recreational storage. A separate lakefront entertainment pavilion, complete with a full bath and double French doors, opens to the waterwell suited for weddings, corporate retreats, wellness weekends, or private events, allowing the estate to live and earn far beyond a traditional single family home. The property is eligible for rentals with a one week minimum, ideal for vacation rentals, group retreats, or owner occupied income strategies. Further enhancing future upside, the fourth parcel includes architectural plans for a three bedroom, two bath residence, providing a clear path to expand the estates rental footprint or long term value. Utilities are already initiated, including pre plumbingsaving time in the build process. Lost River Preserve spans 900 acres of protected lakes and shoreline, offering boating, kayaking, and trophy bass fishing amid preserved natural beautyjust 35 minutes from Downtown Tampa. More than a home, this is a legacy property with future income potentialwhere lifestyle, flexibility, and long term value align.
Pool Features: Child Safety Fence, Fiber Optic Lighting, Gunite, Heated, In Ground, Lap, Lighting, Outside Bath Access, Salt Water, Screen Enclosure
Water Source: Well
Utilities
Carport Spaces: 0.00
Cooling: Central Air, Humidity Control, Zoned
Heating: Central, Electric, Propane
Pets Allowed: Yes
Sewer: Septic Tank
Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Fiber Optics, Phone Available, Propane, Underground Utilities, Water Connected
Amenities
Association Amenities: Park, Storage, Trail(s)
Finance and Tax Information
Home Owners Association Fee: 224.39
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2024
Other Features
Accessibility Features: Accessible Approach with Ramp, Accessible Bedroom, Accessible Closets, Accessible Common Area, Accessible Doors, Accessible Electrical and Environmental Controls, Accessible Entrance, Accessible Full Bath, Visitor Bathroom, Accessible Hallway(s), Accessible Kitchen, Accessible Kitchen Appliances, Accessible Central Living Area, Accessible Washer/Dryer, Central Living Area, Customized Wheelchair Accessible, Enhanced Accessible
Appliances: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Exhaust Fan, Gas Water Heater, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Water Filtration System, Water Purifier, Water Softener
Association Name: Jennifer Tutko
Association Phone: (813) 968-5665
Country: US
Furnished: Negotiable
Interior Features: Accessibility Features, Ceiling Fans(s), Central Vaccum, Crown Molding, Eat-in Kitchen, High Ceilings, In Wall Pest System, Kitchen/Family Room Combo, L Dining, Open Floorplan, Pest Guard System, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-In Closet(s)
Legal Description: LOST RIVER PRESERVE PHASE I LOT 28
New Listings & Price Reduction Updates sent directly to your email
Create Your Own Property Search saved for your return visit.
"Like" Listings and Create a Favorites List
* NOTICE: By creating your free profile, you authorize us to send you periodic emails about new listings that match your saved searches and related real estate information.If you provide your telephone number, you are giving us permission to call you in response to this request, even if this phone number is in the State and/or National Do Not Call Registry.
Apply Now
