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 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.
Sold for $1,300,000
$1,300,000
5004 Waterkey Way, Tampa, FL 33647
5beds
3,950sqft
Single Family Residence
Built in 2003
0.33 Acres Lot
$1,271,800 Zestimate®
$329/sqft
$4,753 Estimated rent
Home value
$1,271,800
$1.17M - $1.39M
$4,753/mo
Zestimate® history
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$4,753/mo
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$9,181/mo
Est. payment
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$9,181/mo
Est. payment
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List your homeWhat's special
Contemporary white cabinetryLarge islandPeaceful viewsSecondary bedroomsDedicated officeExpansive lanaiGranite countertops
Zillow last checked:
Listing updated:
Listing Provided by:
Kristy Darragh 813-784-7080,
FLORIDA EXECUTIVE REALTY 813-972-3430
Bought with:
EHAB KORABI, 3392548
LOKATION
Source: Stellar MLS,MLS#: TB8367552
Originating MLS: Suncoast Tampa
Originating MLS: Suncoast Tampa
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Features: Ceiling Fan(s), Dual Sinks, En Suite Bathroom, Exhaust Fan, Garden Bath, Tub with Separate Shower Stall, Water Closet/Priv Toilet, Walk-In Closet(s)
- Level: First
- Area: 322 Square Feet
- Dimensions: 14x23
Bedroom 2
- Features: Built-in Closet
- Level: First
- Area: 176 Square Feet
- Dimensions: 16x11
Bedroom 3
- Features: Built-in Closet
- Level: First
- Area: 176 Square Feet
- Dimensions: 11x16
Bedroom 4
- Features: Built-in Closet
- Level: First
- Area: 165 Square Feet
- Dimensions: 11x15
Bedroom 5
- Features: Built-in Closet
- Level: First
- Area: 234 Square Feet
- Dimensions: 18x13
Bonus room
- Features: Wet Bar, No Closet
- Level: First
- Area: 260 Square Feet
- Dimensions: 13x20
Dining room
- Level: First
- Area: 342 Square Feet
- Dimensions: 19x18
Family room
- Level: First
- Area: 266 Square Feet
- Dimensions: 14x19
Kitchen
- Features: Granite Counters
- Level: First
- Area: 192 Square Feet
- Dimensions: 12x16
Living room
- Level: First
- Area: 195 Square Feet
- Dimensions: 15x13
Office
- Level: First
- Area: 154 Square Feet
- Dimensions: 11x14
Heating
- Central, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener
- Laundry: Gas Dryer Hookup, Laundry Room
Features
- Ceiling Fan(s), Walk-In Closet(s)
- Flooring: Carpet, Porcelain Tile
- Doors: Sliding Doors
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 5,062
- Total interior livable area: 3,950 sqft
Property
Parking
- Total spaces: 3
- Parking features: Driveway, Garage Door Opener
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Rear Porch, Screened
- Exterior features: Irrigation System, Private Mailbox, Rain Gutters, Sidewalk
- Has private pool: Yes
- Pool features: Heated, In Ground, Lighting, Pool Sweep, Screen Enclosure
- Has spa: Yes
- Spa features: Heated
- Fencing: Fenced
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 0.33 Acres
- Dimensions: 93.61 x 152
- Features: Conservation Area, Cul-De-Sac, City Lot, Landscaped, Near Golf Course, Oversized Lot, Sidewalk
- Residential vegetation: Trees/Landscaped
Details
- Parcel number: A2227195UQ00000400005.0
- Zoning: PD-A
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Tile
Condition
- Completed
- New construction: No
- Year built: 2003
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
Community & neighborhood
Community
- Community features: Deed Restrictions, Fitness Center, Gated Community - No Guard, Sidewalks
Location
- Region: Tampa
- Subdivision: TAMPA PALMS AREA 8 PRCL 23 P
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $259 monthly
- Amenities included: Clubhouse, Fitness Center, Playground, Pool
- Services included: Community Pool, Recreational Facilities
- Association name: Tracy Ingram
- Association phone: 813-979-9595
- Second association name: Tampa Palms North
- Second association phone: 813-979-9595
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/20/2025 | Sold | $1,300,000+0.4%$329/sqft |
Source:  Stellar MLS #TB8367552 Report a problem | ||
| 4/13/2025 | Pending sale | $1,295,000$328/sqft |
Source: Stellar MLS #TB8367552 Report a problem | ||
| 4/10/2025 | Listed for sale | $1,295,000+103.9%$328/sqft |
Source: Stellar MLS #TB8367552 Report a problem | ||
| 12/1/2020 | Sold | $635,000-10.4%$161/sqft |
Source: Public Record Report a problem | ||
| 9/22/2020 | Pending sale | $709,000$179/sqft |
Source: XCELLENCE REALTY INC #T3263237 Report a problem | ||
| 9/2/2020 | Listed for sale | $709,000+1.4%$179/sqft |
Source: Owner Report a problem | ||
| 11/2/2018 | Listing removed | $699,000$177/sqft |
Source: XCELLENCE REALTY, INC. #T3101806 Report a problem | ||
| 9/18/2018 | Listed for sale | $699,000$177/sqft |
Source: XCELLENCE REALTY, INC. #T3101806 Report a problem | ||
| 6/27/2018 | Listing removed | $699,000$177/sqft |
Source: XCELLENCE REALTY, INC. #T3101806 Report a problem | ||
| 4/18/2018 | Listed for sale | $699,000-7.9%$177/sqft |
Source: XCELLENCE REALTY, INC. #T3101806 Report a problem | ||
| 9/13/2017 | Listing removed | $759,000$192/sqft |
Source: XCELLENCE REALTY, INC. #T2878012 Report a problem | ||
| 6/21/2017 | Price change | $759,000+2.7%$192/sqft |
Source: XCELLENCE REALTY, INC. #T2878012 Report a problem | ||
| 4/29/2017 | Listed for sale | $739,000+19.4%$187/sqft |
Source: XCELLENCE REALTY, INC. #T2878012 Report a problem | ||
| 8/11/2010 | Listing removed | $619,000+12.5%$157/sqft |
Source: Casa Fina Realty GMAC Real Estate #T2353751 Report a problem | ||
| 3/1/2010 | Sold | $550,000-11.1%$139/sqft |
Source: Public Record Report a problem | ||
| 1/26/2010 | Price change | $619,000+5.1%$157/sqft |
Source: Casa Fina Realty GMAC Real Estate #T2353751 Report a problem | ||
| 1/23/2010 | Price change | $589,000-4.8%$149/sqft |
Source: Casa Fina Realty GMAC Real Estate #T2353751 Report a problem | ||
| 8/7/2009 | Price change | $619,000-2.4%$157/sqft |
Source: Casa Fina Realty GMAC Real Estate #T2353751 Report a problem | ||
| 4/12/2009 | Price change | $634,000-3.2%$161/sqft |
Source: Casa Fina Realty GMAC Real Estate #T2353751 Report a problem | ||
| 2/9/2009 | Price change | $655,000-3%$166/sqft |
Source: Casa Fina Realty GMAC Real Estate #T2353751 Report a problem | ||
| 1/13/2009 | Price change | $675,000-3.6%$171/sqft |
Source: Keller Williams Realty #t2324896 Report a problem | ||
| 12/8/2008 | Listed for sale | $700,000+25.3%$177/sqft |
Source: Keller Williams Realty #t2324896 Report a problem | ||
| 7/2/2003 | Sold | $558,600$141/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,571 +3.3% | $1,012,718 +60.3% |
| 2024 | $12,165 +2.6% | $631,945 +3% |
| 2023 | $11,861 +3.2% | $613,539 +3% |
| 2022 | $11,498 +1% | $595,669 +3% |
| 2021 | $11,383 -2.9% | $578,319 +4.7% |
| 2020 | $11,728 -0.1% | $552,608 +0.3% |
| 2019 | $11,741 | $551,026 +15.8% |
| 2018 | $11,741 +23.3% | $475,948 -9.2% |
| 2017 | $9,523 +1.1% | $524,341 +14.8% |
| 2016 | $9,418 +2.7% | $456,571 +0.7% |
| 2015 | $9,169 -0.8% | $453,397 +0.8% |
| 2014 | $9,243 | $449,799 +3.5% |
| 2013 | $9,243 +2.4% | $434,400 +1.7% |
| 2012 | $9,023 -2.5% | $427,139 -2.3% |
| 2011 | $9,258 +1.5% | $437,251 +0.8% |
| 2010 | $9,119 -9.2% | $433,622 -8.6% |
| 2009 | $10,045 -6.9% | $474,578 -6.5% |
| 2008 | $10,794 +1% | $507,682 +3% |
| 2007 | $10,686 -5.6% | $492,895 +2.5% |
| 2006 | $11,325 -0.7% | $480,873 +3% |
| 2005 | $11,401 | $466,867 +3% |
| 2004 | -- | $453,269 +442.5% |
| 2003 | -- | $83,547 +13.3% |
| 2002 | -- | $73,718 |
Find assessor info on the county website
Neighborhood: Tampa Palms
Nearby schools
GreatSchools rating
- 9/10Chiles Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 8/10Liberty Middle SchoolGrades: 6-8Distance: 0.7 mi
- 3/10Freedom High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Chiles-HB
- Middle: Liberty-HB
- High: Freedom-HB
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,271,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,271,800
- Florida
- Hillsborough County
- Tampa
- 33647
- Tampa Palms
- 5004 Waterkey Way
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