Active

GUNN HIGHWAY

ODESSA FL, 33556

$7,500,000


$6,750.68 per sqft

Active

Land

The Oliva-Groves Parcel is a gorgeous equestrian, lakefront parcel comprised of approximately 85 acres of land ( Parcel has 60 acres of upland more or less) with 2,000 feet more or less water frontage on Lake Fern with its white sandy beach. Lake Fern is a spring fed lake. This is one of the few large acreage parcels remaining in the Odessa area. The parcel is bordered by Gunn Hwy on the north and east plus Tarpon Springs Road on the south. Oliva Groves has been platted into 13 lake front lots ranging in size from 2.5 acres up to 7.2 acres. There is a site plan indicating the 13 lakefront lots plus private road that needs to be paved along with other site improvements to sell and or develop the lakefront lots. Current zoning is Agricultural Residential and the Future Land Use is the same. 11.21 acres at the corner of Gunn Hwy and Lutz lake Fern is a dedicated equestrian/park common area easement called “The Meadow” as the zoning permits horses. Lake Fern is a 30.6 acre fresh water lake. Water skiing/Jet skiing is possible on this lake. The mean depth of Lake Fern is 12’ and the deepest area of the lake is 29’. The lake is more than a half mile across from east to west and 4/10 of a mile from north to south. Any homes constructed will have the west or sunsets to the rear. The lake front lots cannot be sold separately at this time. A homeowners association still must be created. The private road called L”Lago Lane must be constructed, infrastructure improvements installed and some type of wall with gated entries built along Gunn Hwy and Tarpon Springs Road. The wall will be a buffer and create the aura of exclusivity. Any new construction would have to be on septic and well water. Parcel location: is 6 miles north of the Westfield Citrus Park Mall , exit 16 for the Suncoast Parkway is 2.77 miles to the northeast, Pinellas County is 4.5 miles to the west & Pasco County ( Hwy 54 ) is located 3 miles to the north. Property may be shown by appointment only.

T3427138

MLS ID

February 4, 2023

Listed

November 11, 2023

Updated

Map

GUNN HIGHWAY
ODESSA FL, 33556

Exterior/Building Features

Lot Size

0.03 acres


Exterior Features

Other


Sewer

None

School Information

High School

Steinbrenner High School


Elementary School

Hammond Elementary School

Other Property Details

Area Name

33556 - Odessa


Taxes

$5,500


Tax Frequency

Annually


Days on Market

199


Association Amenities

Horses Allowed, Waterfront


Garage

No


Parking

No


View

Yes


View Description

Water


County

Hillsborough


Water Source

Canal/Lake For Irrigation


Pool

No


Waterfront

Yes


Zoning

AR


Buyer Agency Compensation

2%-$300

Courtesy of FRANK BURNS REALTY INC
Listing Contact: 813-877-7425 

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of Stellar MLS. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Brenda Wade Team participates in the Stellar MLS Internet Data Exchange (IDX) program, allowing display of other Stellar MLS broker's listings on this site. However, may not include all listings currently available. Information is deemed reliable but not guaranteed. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.  Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

©2023 Stellar MLS. All rights reserved. 

Data last updated 11/11/2023, 9:15 PM UTC

Powered byLuxury Presence