Under contract-accepting backup offers. Welcome to this extensively remodeled jewel located at the end of a quiet cul-de-sac in the highly sought-after gated village of Lancaster in Tampa Palms. With over $280,000 in recent upgrades and offering five bedrooms, office, and bonus room, this nearly 4,000-square-foot home is a rare find indeed! No expense has been spared with high-end finishes, custom upgrades throughout the home, pool area and rear yard.
From the moment you arrive, the home’s impressive curb appeal draws you in with its pavered driveway, mature landscaping, and grand double-door entry. Inside, you’ll discover a space that feels open, bright, and beautifully updated. The sellers removed interior walls to create an open concept in the formal living and dining areas, allowing natural light to pour in and enhancing the home’s flow. Fresh, neutral interior paint and plank porcelain tile flooring throughout the main living areas set a sophisticated and seamless tone.
The kitchen is a true showpiece—fully remodeled with contemporary white cabinetry, granite countertops, double ovens, stainless steel appliances, and a modern cooktop. A large island offers plenty of prep space and casual seating, while the walk-in pantry adds generous storage. The kitchen overlooks the spacious family room overlooking the pool and conservation views.
The primary retreat is a calming escape, with peaceful views of the conservation area and remodeled pool. The en-suite bath has been completely remodeled and feels like a private spa, featuring an expanded frameless glass shower, a new contemporary stand-alone soaking tub, quartz countertops, designer tile on the walls and flooring, updated lighting, and new cabinetry. Dual walk-in closets with custom built-ins provide plenty of storage.The secondary bedrooms are generously sized and thoughtfully laid out for privacy. All secondary bathrooms have also been remodeled with modern finishes, quartz counters, and stylish tile work. The dedicated office is tucked away from the main living spaces—perfect for remote work or quiet study. The large bonus room offers endless possibilities for a media room, playroom, home gym, or guest retreat. Step outside and discover your private outdoor oasis. The expansive lanai, updated with elegant marble pavers, surrounds a sparkling pool with a sun shelf and upgraded PebbleTec finish. The area is also plumbed for a future outdoor kitchen, making it ideal for entertaining. Just beyond, a large wood deck (2020) overlooks the pie-shaped backyard, fully fenced and backing to tranquil conservation—offering total privacy and a peaceful connection to nature.Additional recent upgrades include: New AC systems (2021), All new interior paint (2020), Garage storage system and epoxy flooring (2021), Whole-home water softener system (2023), EV charger and plug Â
HOA Fees include membership to Club Tampa Palms Community Center with 3 pools, workout center, playground, pickle ball, basketball, tennis, and meeting rooms.Located in one of New Tampa’s most desirable gated communities, with top-rated schools, easy access to I-75, and close proximity to shopping, dining, and recreation, this one-of-a-kind home is move-in ready and waiting for its next chapter.
From the moment you arrive, the home’s impressive curb appeal draws you in with its pavered driveway, mature landscaping, and grand double-door entry. Inside, you’ll discover a space that feels open, bright, and beautifully updated. The sellers removed interior walls to create an open concept in the formal living and dining areas, allowing natural light to pour in and enhancing the home’s flow. Fresh, neutral interior paint and plank porcelain tile flooring throughout the main living areas set a sophisticated and seamless tone.
The kitchen is a true showpiece—fully remodeled with contemporary white cabinetry, granite countertops, double ovens, stainless steel appliances, and a modern cooktop. A large island offers plenty of prep space and casual seating, while the walk-in pantry adds generous storage. The kitchen overlooks the spacious family room overlooking the pool and conservation views.
The primary retreat is a calming escape, with peaceful views of the conservation area and remodeled pool. The en-suite bath has been completely remodeled and feels like a private spa, featuring an expanded frameless glass shower, a new contemporary stand-alone soaking tub, quartz countertops, designer tile on the walls and flooring, updated lighting, and new cabinetry. Dual walk-in closets with custom built-ins provide plenty of storage.The secondary bedrooms are generously sized and thoughtfully laid out for privacy. All secondary bathrooms have also been remodeled with modern finishes, quartz counters, and stylish tile work. The dedicated office is tucked away from the main living spaces—perfect for remote work or quiet study. The large bonus room offers endless possibilities for a media room, playroom, home gym, or guest retreat. Step outside and discover your private outdoor oasis. The expansive lanai, updated with elegant marble pavers, surrounds a sparkling pool with a sun shelf and upgraded PebbleTec finish. The area is also plumbed for a future outdoor kitchen, making it ideal for entertaining. Just beyond, a large wood deck (2020) overlooks the pie-shaped backyard, fully fenced and backing to tranquil conservation—offering total privacy and a peaceful connection to nature.Additional recent upgrades include: New AC systems (2021), All new interior paint (2020), Garage storage system and epoxy flooring (2021), Whole-home water softener system (2023), EV charger and plug Â
HOA Fees include membership to Club Tampa Palms Community Center with 3 pools, workout center, playground, pickle ball, basketball, tennis, and meeting rooms.Located in one of New Tampa’s most desirable gated communities, with top-rated schools, easy access to I-75, and close proximity to shopping, dining, and recreation, this one-of-a-kind home is move-in ready and waiting for its next chapter.
Property Details
Price:
$1,295,000
MLS #:
TB8367552
Status:
Pending
Beds:
5
Baths:
3.5
Address:
5004 WATERKEY WAY
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
TAMPA PALMS AREA 8 PRCL 23 P
Neighborhood:
33647 – Tampa / Tampa Palms
City:
TAMPA
Listed Date:
Apr 10, 2025
State:
FL
Finished Sq Ft:
5,062
Total Sq Ft:
5,062
ZIP:
33647
Lot Size:
14,229 sqft / 0.33 acres (approx)
Year Built:
2003
See this Listing
Mortgage Calculator
Schools
Elementary School:
Chiles-HB
Middle School:
Liberty-HB
High School:
Freedom-HB
Interior
Appliances
Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Carpet, Porcelain Tile
Heating
Central, Natural Gas
Laundry Features
Gas Dryer Hookup, Laundry Room
Exterior
Architectural Style
Contemporary
Association Amenities
Clubhouse, Fitness Center, Playground, Pool
Community Features
Deed Restrictions, Fitness Center, Gated Community – No Guard, Sidewalks
Construction Materials
Block, Stucco
Exterior Features
Irrigation System, Private Mailbox, Rain Gutters, Sidewalk, Sliding Doors
Parking Features
Driveway, Garage Door Opener
Roof
Tile
Financial
HOA Fee
$380
HOA Fee 2
$398
HOA Frequency
Quarterly
HOA Includes
Community Pool, Recreational Facilities
HOA Name
Tracy Ingram
Tax Year
2024
Taxes
$12,165
Map
Community
- Address5004 WATERKEY WAY TAMPA FL
- SubdivisionTAMPA PALMS AREA 8 PRCL 23 P
- CityTAMPA
- CountyHillsborough
- Zip Code33647
Similar Listings Nearby
- 2820 CORDOBA RANCH BOULEVARD
LUTZ, FL$1,569,999
1.85 miles away
- 3226 CORDOBA RANCH BOULEVARD
LUTZ, FL$1,550,000
2.12 miles away
- 15702 RICHBORO COURT
TAMPA, FL$1,500,000
2.36 miles away
- 1810 CURRY ROAD
LUTZ, FL$1,499,999
3.25 miles away
- 4907 LONDONDERRY DRIVE
TAMPA, FL$1,449,000
1.68 miles away
- 18102 LIVINGSTON AVENUE
LUTZ, FL$1,430,000
2.60 miles away
- 19815 SEA RIDER WAY
LUTZ, FL$1,395,000
3.50 miles away
- 601 VIENTO DE AVILA
TAMPA, FL$1,375,000
4.42 miles away
- 10007 HAZELNUT COURT
TAMPA, FL$1,350,000
4.89 miles away
- 19810 PRINCE BENJAMIN DRIVE
LUTZ, FL$1,349,000
4.26 miles away
Courtesy of FLORIDA EXECUTIVE REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than Clarence Hasenbeck include the name of the listing broker. Neither the listing company nor Clarence Hasenbeck shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Stellar MLS. All rights reserved. 5004 WATERKEY WAY
TAMPA, FL
LIGHTBOX-IMAGES