Listing Details for MLS # W7868947
41 Cypress Drive, Palm Harbor, Fl 34684

Residential Property - Single Family Residence in Palm Harbor

Listing Price: $999,900Days on Market: 31

Description of Property

This stunning, custom-built waterfront home with a pool boasts 5 bedrooms and 3 bathrooms, meeting the needs of even the most particular home buyer. Situated on a broad, easily navigable canal leading to the spring-fed Lake Tarpon, this residence features a covered boat lift and a tandem jet ski lift. The chef's kitchen is equipped with luxurious maple wood cabinets, stainless-steel GE Profile appliances, including a double oven, and is finished with top-tier level 3 granite on the countertops and island. Adjacent to the kitchen, the inviting family room includes a fireplace set against a stone accent wall and a built-in surround sound system. The ground level also offers a game room with a bar, a convenient guest/pool bathroom, a fifth bedroom with a desk setup suitable for an office, and a spacious formal dining room. Ascending the classic wooden staircase, you'll find an open loft with hardwood flooring leading to three additional bedrooms, a laundry room, a secondary bathroom, and the master suite. The master suite features a walk-in California closet, a garden tub, a separate shower, dual vanities with granite tops, and sliding doors to a balcony overlooking the pool and waterway. The home's construction is robust, with block and stucco reinforced by 50 pilings and enhanced 2X6 framing on the second story. The clear pool has been updated to a saltwater system and includes a new heat pump. The property is enclosed with a fence, and the seawall is made of durable corrugated vinyl. The expansive dock, featuring an aluminum bar fence, serves as an extra space for outdoor entertainment. A large two-car garage includes a 220-volt electric car charging station, and the home is energy self-sufficient with a comprehensive solar panel array on the roof. The garage additionally has an entryway into the home through a climate-controlled extra-large utility room. The water heater comes with its own solar panel on the roof, complemented by a Kinetico whole-home water filtration system. This distinctive home is ideally situated near world-renowned beaches, excellent shopping, two airports, top-tier schools, Tampa, historic St. Petersburg, and the pristine springs and wilderness of the Nature Coast. Lake Tarpon, the largest lake in the tri-county area, provides exceptional fishing, boating, jet skiing, tubing, and lakefront dining that's boat-accessible, along with a slalom course for water sports aficionados. The lake's non-susceptibility to coastal flooding translates into highly affordable flood insurance for this property. Having functioned as both a family home and a profitable short-term rental (commanding $450-$579 a night depending on the season as a 4-bedroom Airbnb), this property offers a unique opportunity to acquire a splendid, secure waterfront residence. This solid home stayed high and dry during the storms and sustained zero damage! Buyer's agents are welcome.The average asking price for a 5 bedroom/2 bath single family residence in this Zip code is $962,450. This single family residence is listed at about 104% of the average asking price. There are 2 5 bedroom/2 bath homes between $800,000 and $1,200,000 currently listed for sale in this Zip code. See other listings like this one »