About This Home

This 5-bedroom, 4-bathroom single family at 8234 TEA OLIVE Terrace in Palmetto, FL is listed for $699,900 ($237 per sqft). Built in 2023, the home offers 2,949 sqft of living space on a 0.15 acres lot.

Key Features

  • Built in 2023
  • 0.15 acre lot
  • 2 stories
  • Private pool
  • Waterfront

Property Details

2 stories
3 full, 1 half
2-car garage
2023

Amenities

PoolWaterfrontViewSpaA/C
Listing 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 an

d 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.

Monthly Cost Estimate

$3,743/mo

20% down · 6.5% · 30 years

Principal$506
Interest$3,033
Insurance$204

Estimates only. Actual payments may vary.

Location

8234 TEA OLIVE Terrace

Palmetto, FL 34221

IMPERIAL LAKES RESIDENTIAL

Features & Amenities

Interior Features

Built-in FeaturesCeiling Fans(s)Central VaccumCrown MoldingHigh CeilingsKitchen/Family Room ComboLiving Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main FloorSmart HomeSplit BedroomStone CountersTray Ceiling(s)Walk-In Closet(s)Window Treatments

Exterior Features

Sidewalk

Property Details

Flooring

CarpetTile

Construction

Block Stucco Frame

Views

LakeWater

Pool Features

Pool

Outdoor Features

PatioPorch

Parking

OpenDriveway

Heating

Electric (Heating)

Cooling

Central Air

Appliances

Convection OvenCooktopDishwasherDisposalGas Water HeaterMicrowaveRefrigeratorWater Filtration System

Questions & Answers

This 5-bedroom, 4-bathroom single family at 8234 TEA OLIVE Terrace is listed at $699,900 ($237/sqft). The estimated monthly payment is $3,743 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2023, 0.15 acre lot, 2 stories, Private pool, Waterfront. Interior Features: Built-in Features, Ceiling Fans(s), Central Vaccum. Exterior Features: Sidewalk.

This property is listed by Heidi Gibson.

HG

Heidi Gibson

Agent at Compass

Listed by Compass · Broker phone: (305) 851-2820 · View on Broker Site · Broker website

MLS# A4698380· Source: Stellar MLS· 121 days on PropertySimple

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

8234 TEA OLIVE Terrace, Palmetto, FL 34221

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