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$699,900

5 Beds 3 / 1 Full / Half Baths 2,949 SQFT 0.15 Acres
Type: Single Family

8234 TEA OLIVE TERRACE
PALMETTO, FL 34221

MLS#: A4698380
Hannah Gibson
Hannah Gibson
The Real Estate Advantage
Phone: 763.245.6571
Office: 763.682.3030
Presented by: COMPASS FLORIDA LLC with 727-380-2067. - 727-380-2067

Property Description

 

Welcome to an extraordinary better-than-new luxury residence, perfectly positioned on one of the most desirable homesites at Tea Olive Terrace at the Fairways Imperial Lakes. Nestled within an exclusive enclave of only 66 homes, this intimate all-natural gas community, thoughtfully crafted by William Ryan Homes, offers a rare combination of quality construction, exceptional privacy, and timeless elegance. Set against breathtaking lake and preserve views, this exceptional home has been extensively upgraded beyond builder standards, offering the luxury, craftsmanship, and resort-style outdoor living today’s discerning buyers desire—without the additional expense, time, or uncertainty of building new. From the moment you arrive, professionally designed landscaping, elegant architectural details, and impressive curb appeal create a lasting first impression. Inside, soaring ceilings accented with tray ceilings and crown molding, designer lighting, upgraded remote operated ceiling fans, and abundant natural light complement the spacious open-concept floor plan. A built-in surround sound system with indoor and outdoor speakers creates the perfect setting for effortless entertaining. Designed with both luxury and functionality in mind, the chef’s kitchen is the heart of the home, featuring stainless steel appliances, quartz countertops, designer tile backsplash, abundant cabinetry with soft-close drawers and convenient pull-outs for ultimate organization, and an oversized center island overlooking the dining area, great room and your personal outdoor oasis. One of the home’s most sought-after features is its versatile floor plan, offering two luxurious primary suites, providing exceptional flexibility for multi-generational living. Outside, your private backyard paradise is already beautifully completed showcasing a custom heated saltwater pool and spa with elegant waterfalls, LED lighting, premium decking, and a panoramic picture-screen enclosure that perfectly frames the tranquil lake and preserve views. The pool was thoughtfully constructed with an extra-deep end, perfect for cannonballs and added fun. Your paradise can easily be enhanced with an outdoor kitchen with the plumbing and gas lines already installed for the outdoor chef. This home also features hurricane-impact glass throughout, providing superior storm protection, enhanced energy efficiency, and everyday comfort. A central vacuum system adds a unique and convenient feature for effortless cleaning throughout the home. Unlike new construction, every upgrade has already been completed—from the premium homesite and custom outdoor oasis to the professional landscaping, architectural enhancements, integrated audio system, designer finishes, built-in organization, garage storage racks for added functionality, and countless thoughtful details—allowing you to simply move in and enjoy. Residents of Tea Olive Terrace at the Fairways Imperial Lakes enjoy low HOA fees, NO CDD fees, championship golf nearby, and a prime location with convenient access to I-75, Lakewood Ranch, Sarasota, St. Petersburg, Tampa, world-class Gulf beaches, shopping, dining, and major airports. If you are seeking a rare combination of an exclusive boutique community, custom William Ryan Homes craftsmanship, all-natural gas living, hurricane-impact windows, and luxury upgrades inside and out, 8234 Tea Olive Terrace presents an exceptional opportunity to own one of the finest homes in this community.


 

Interior Features

Bedrooms

Total Bedrooms5

Bathrooms

Half Baths1
Total Baths4

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringCarpet, Tile
Furnished Y/NUnfurnished
Heating Y/NYes
Interior AmenitiesBuilt-in Features, Ceiling Fan(s), Central Vacuum, Crown Molding, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Smart Home, Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
Laundry FeaturesLaundry Room
Total Stories2
Window FeaturesBlinds, Storm Window(s), Window Treatments

General

Additional Parcels Y/NNo
Additional RoomsDen/Library/Office, Family Room, Inside Utility, Storage Rooms
AppliancesConvection Oven, Cooktop, Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator, Water Filtration System
Architectural StyleFlorida, Ranch
Assoc Fee Paid PerMonthly
Association AmenitiesGolf Course
Association Fee IncludesManager
Association NameCommunity Management Services, Inc - Betsy Davis
Attached Garage Yes
Builder NameWilliam Ryan Homes
Building Area Units0 sqft
Carport Y/NNo
CityPALMETTO
Community FeaturesDeed Restrictions, Golf, Irrigation-Reclaimed Water, Sidewalks
Construction MaterialsBlock, Stucco, Wood Frame
CoolingCentral Air
CountyManatee
DirectionsFrom US-41 (Tamiami Trail), head east on Moccasin Wallow Road for approximately 3.5 miles, then turn left onto Buffalo Road and continue to the entrance of Imperial Lakes. Turn right onto Imperial Lakes Way, then take your first left onto Tea Olive Terrace. Continue straight, and 8234 Tea Olive Terrace will be on your right, overlooking the lake and preserve.
Facing DirectionNorthwest
Flood Zone CodeX
Flood Zone Code XY
Full Baths3
Garage Spaces2
Garage Y/NYes
HOA Fee$120
HeatingElectric
In Law Suite YNNo
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionLOT 55, IMPERIAL LAKES RESIDENTIAL PI #6482.0775/9
LevelsTwo
Listing TermsCash, Conventional, VA Loan
Living Area Units0 sqft
Lot Size Square Feet6,569 sqft
Lot Size UnitsSquare Feet
MLS Area34221 - Palmetto/Rubonia
Minimum Lease6 Months
Monthly HOA Amount$120
New ConstructionNo
Occupancy TypeOwner
OwnershipFee Simple
Patio/Porch FeaturesCovered, Front Porch, Patio, Screened
Pets AllowedCats OK, Dogs OK, Yes
Pool FeaturesHeated, In Ground, Lighting, Salt Water, Screen Enclosure, Tile
PossessionClose Of Escrow
Property ConditionCompleted
Property SubtypeSingle Family Residence
Property TypeResidential
RoofShingle
Security FeaturesSmoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesHeated, In Ground
Standard StatusActive
StatusActive
Subdivision NameIMPERIAL LAKES RESIDENTIAL
Tax Annual Amount$264
Tax Lot55
Tax Year2025
Total Rooms4
UtilitiesBB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
ViewTrees/Woods, Water
Virtual TourClick here
Water Access Y/NNo
Water ViewLake
Water View Y/NYes
Waterfront FeaturesLake Front
Year Built2023
ZoningRES

Exterior

Building Area Total3,704 sqft
Covered Spaces2
Exterior AmenitiesIrrigation System, Sidewalk, Sliding Doors
Foundation DetailsSlab
Lot FeaturesLandscaped, Sidewalk
Lot Size Acres0.15
Lot Size Area6,569 sqft
Parking FeaturesDriveway, Garage Door Opener
Private PoolYes
Road Frontage TypeStreet Paved
Road Surface TypePaved
SpaYes
VegetationTrees/Landscaped
Water SourcePublic
Waterfront Y/NYes

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

Similar Properties

$699,900

5 Beds 3 / 1 Full / Half Baths 2,949 SQFT 0.15 Acres
Type: Single Family

8234 TEA OLIVE TERRACE
PALMETTO, FL 34221

MLS#: A4698380
Hannah Gibson
Hannah Gibson
The Real Estate Advantage
Phone: 763.245.6571
Office: 763.682.3030