Virtual TourMap

For SaleSingle Family ResidenceActive

8234 Tea Olive Terrace

Palmetto, FL 34221

$699,900

130 Days On Site

  • 5Beds
  • 4Baths3 full, 1 half
  • 2,949Sq Ft
  • $237Per Sq Ft
  • 0.15Acres
  • 2023Built
Subdivision
Imperial Lakes Residential
County
Manatee
MLS®
A4698380

Overview

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.

Listing Snapshot

Price
$699,900
Days On Site
130 Days
Bedrooms
5
Inside Area (SqFt)
2,949 sqft
Total Baths
4
Full Baths
3
Partial Baths
1
Lot Size
0.15 Acres
Year Built
2023
MLS® Number
A4698380
Status
Active
Property Tax
$264 (2025)
HOA/Condo/Coop Fees
$120 monthly
Sq Ft Source
Public Records

Property Details

General Features

18 items
Acres
0.15
Attached Garage
Yes
Direction Faces
Northwest
Foundation
Slab
Garage
Yes
Garage Spaces
2
Levels
Two
Number Of Stories
2
Parking
Driveway, Garage Door Opener, Attached
Pets
Cats OK, Dogs OK, Yes
Property Sub Type
Single Family Residence
Security
Smoke Detector(s)
Sewer
Public Sewer
SqFt Total
3,704
Style
Florida, Ranch
Utilities
Cable Available, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
Water Source
Public
Zoning
RES

Interior Features

13 items
Appliances
Convection Oven, Cooktop, Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator
Cooling
Central Air
Flooring
Carpet, Tile
Furnished
Unfurnished
Heating
Electric
Interior
Built-in Features, Crown Molding, High Ceilings, Open Floorplan, Smart Home, Stone Counters, Tray Ceiling(s), Walk-In Closet(s)
Laundry Features
Laundry Room
Spa
Yes
Window Features
Window Coverings, Blinds, Storm Window(s), Window Treatments

Rooms

RoomDimensionsLevelFeatures
Family Room15x23
Kitchen11x17
Living Room10x13
Master Bedroom16x13

Exterior Features

13 items
Construction Details
Block, Stucco, Frame
Lot Features
Landscaped, Paved, Waterfront
Patio And Porch
Covered, Front Porch, Patio, Screened
Pool Features
Heated, In Ground, Salt Water, Screen Enclosure, Tile, Private
Private Pool
Yes
Roof
Shingle
Spa
Yes
Spa Features
Heated, In Ground
View
Lake, Water, Trees/Woods
Waterfront
Yes
Waterfront Features
Lake Front
Waterview
Lake, Water, Trees/Woods
Windows/Doors
Window Coverings, Blinds, Storm Window(s), Window Treatments

Community Features

8 items
Association Amenities
Golf Course
Association Fee
$120.0
Association Fee Frequency
Monthly
Community Features
Golf, Sidewalks
MLS Area
34221 - Palmetto/Rubonia
Township
33
Financing Terms Available
Cash, Conventional, VA Loan
Roads
Paved

Location

8234 Tea Olive Terrace, Palmetto, FL 34221 · 34221 - Palmetto/Rubonia

$1.2M
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Neighborhood & Commute

ZIP Code 34221

Median household income
$71,767
Income per person
$39,843
Households
21,343
Average household size
2.49
Median age
46.2

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Price changed to $699,900
  3. Listing first seen on site
  4. Status changed to Active

Friends & Family

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Listing courtesy of COMPASS FLORIDA LLC (850) 501-1110

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-07 09:49 AM EST

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