297 Lakeview Drive

PRICED $50K BELOW APPRAISAL | Lake Tarpon Waterfront with $300K+ in Recent Renovations

NEW ROOF, HVAC and ELECTRICAL (2021) | HURRICANE WINDOWS (2022) | BRAND NEW HEATED SALTWATER POOL (2022) | FULLY REMODELED KITCHEN and BATH | NO HOA | NO FLOOD INSURANCE REQUIRED

This Lake Tarpon waterfront property presents an unusual value proposition: a completely modernized interior with over $300,000 in structural and aesthetic updates, offered at $50,000 below its appraised value. The exterior may not reflect the extensive renovations within, but informed buyers will recognize the exceptional return on investment.

The current owners have systematically addressed every major system and living space: complete roof replacement (2021), new HVAC system (2021), updated electrical panel (2021), hurricane-rated windows with transferable warranty (2022), brand new heated saltwater pool with screen enclosure (2022), fully renovated kitchen featuring custom wood cabinetry, quartz countertops, and stainless appliances (2021-2022), remodeled primary bathroom with contemporary finishes (2021-2022), new luxury vinyl plank flooring throughout, and smart irrigation system utilizing lake water. These aren't cosmetic updates—they're the foundational systems that determine long-term ownership costs and comfort.

The two-bedroom floor plan maximizes usable living space rather than allocating square footage to additional bedrooms. The result is an expansive primary suite, a versatile second bedroom that accommodates office or guest needs, and generous common areas with direct water views. This layout particularly appeals to couples, remote professionals, and those seeking a low-maintenance waterfront retreat.

This exceptional lot offers direct access to Lake Tarpon via private dock—no canals, no bridges, straight to open water. Enjoy immediate access to 2,500+ acres of boating, fishing, and water sports from your own backyard. The lake's managed water levels eliminate flood insurance requirements while protecting shoreline integrity. Combined with no HOA fees and no CDD assessments, this property offers both lifestyle freedom and financial advantages, with minimal ongoing maintenance costs due to recent updates.

Minutes to downtown Tarpon Springs' historic Sponge Docks, Fred Howard Park beaches, the Pinellas Trail, and major thoroughfares. The established neighborhood offers the independence of no HOA restrictions while maintaining convenient access to Tampa Bay area amenities.

Current list price: $50,000 below recent appraisal. Recent capital improvements: $300,000+. Major system replacements: Complete (15-20 year service life). Required renovations: None. For buyers who prioritize structural integrity, location, and equity position over exterior aesthetics, this property represents a compelling opportunity in the current market.

Contact us today to schedule a showing.