Property
ActiveResidential
1/51
$725,000

8234 TEA OLIVE TERRACE

Palmetto, FL 34221
5
Beds
4
Baths
2,949
SqFt
0.15
Acres
STELLAR
#A4698380
Updated: Jun 30, 2026, 1:08pm

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.
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Included Appliances
Convection OvenCooktopDishwasherDisposalGas Water HeaterMicrowaveRefrigeratorWater Filtration System

Property Details

Highlights
View
Yes
Waterfront
Yes
Interior
Additional Rooms
Den/Library/OfficeFamily RoomInside UtilityStorage Rooms
Appliances
Convection OvenCooktopDishwasherDisposalGas Water HeaterMicrowaveRefrigeratorWater Filtration System
Bathrooms Total Decimal
3.5
Building Area Total
3704
Cooling
Central Air
Flooring
CarpetTile
Furnished
Unfurnished
Heating
Electric
Interior Features
Built-in FeaturesCeiling Fan(s)Central VacuumCrown MoldingHigh CeilingsKitchen/Family Room ComboLiving Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main FloorSmart HomeSplit BedroomStone CountersTray Ceiling(s)Walk-In Closet(s)Window Treatments
Laundry Features
Laundry Room
Living Area
2949
Rooms Total
4
Security Features
Smoke Detector(s)
Window Features
BlindsStorm Window(s)Window Treatments
Construction
Architectural Style
FloridaRanch
Builder Name
William Ryan Homes
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
BlockStuccoWood Frame
Direction Faces
Northwest
Foundation Details
Slab
Levels
Two
Living Area Source
Public Records
Living Area Units
Square Feet
Property Condition
Completed
Roof
Shingle
Stories Total
2
Year Built
2023
Site & Exterior
Covered Spaces
2
Exterior Features
Irrigation SystemSidewalkSliding Doors
Flood Zone Code
X
Garage Spaces
2
I D X Participation
Yes
Lot Features
LandscapedSidewalk
Lot Size Acres
0.15
Lot Size Area
6569
Lot Size Square Feet
6569
Lot Size Units
Square Feet
Open Parking
Yes
Parking Features
DrivewayGarage Door Opener
Patio And Porch Features
CoveredFront PorchPatioScreened
Pool Features
HeatedIn GroundLightingSalt WaterScreen EnclosureTile
Public Survey Range
18
Public Survey Section
21
Road Frontage Type
Street Paved
Road Surface Type
Paved
Sewer
Public Sewer
Spa Features
HeatedIn Ground
Total Acreage
0 to less than 1/4
Utilities
BB/HS Internet AvailableCable AvailableElectricity ConnectedPublicSewer ConnectedUnderground UtilitiesWater Connected
Vegetation
Trees/Landscaped
View
Trees/WoodsWater
Water Source
Public
Water View
Yes
Waterfront
Yes
Waterfront Features
Lake Front
Waterfront Feet Total
25
Zoning
RES
Financials
Association Fee
120
Association Fee Frequency
Monthly
Association Fee Includes
Manager
Calculated List Price By Calculated Sq Ft
245.85
Contract Status Change Date
2026-06-30
Current Price
725000
Feed Types
BBO
Lease Considered
Yes
Minimum Lease
6 Months
Monthly H O A Amount
120
Owner Name
OF RECORD
Ownership
Fee Simple
Parcel Number
648207759
Public Survey Township
33
Tax Annual Amount
264
Tax Legal Description
LOT 55, IMPERIAL LAKES RESIDENTIAL PI #6482.0775/9
Tax Lot
55
Tax Year
2025
Total Annual Fees
1440
Total Monthly Fees
120

Neighborhood & Lifestyle

Community & Association
Additional Lease Restrictions
Buyer to confirm restrictions with HOA
Association Amenities
Golf Course
Association Email
bdavis@cscmsi.com
Association Fee Requirement
Required
Association Name
Community Management ServicesInc - Betsy Davis
Association Phone
941-758-9454
Association U R L
www.cscmsi.com
Community Features
Deed RestrictionsGolfIrrigation-Reclaimed WaterSidewalks
Lease Restrictions
Yes
M L S Area Major
34221 - Palmetto/Rubonia
Pet Restrictions
Buyer to confirm restrictions with HOA
Pets Allowed
Cats OKDogs OKYes
S W Subdiv Community Name
Imperial Lakes
Subdivision Name
IMPERIAL LAKES RESIDENTIAL
Listing provided courtesy of STELLAR via IDX. Updated: Jun 30, 2026, 1:08pm.
Heidi Gibson

Listing Agent

COMPASS FLORIDA LLC

Call Agent