5004 WATERKEY WAY

Welcome to this extensively remodeled jewel located at the end of a quiet cul-de-sac in the highly sought-after gated village of Lancaster in Tampa Palms. With over $280,000 in recent upgrades and offering five bedrooms, office, and bonus room, this nearly 4,000-square-foot home is a rare find indeed! No expense has been spared with high-end finishes, custom upgrades throughout the home, pool area and rear yard.
From the moment you arrive, the home's impressive curb appeal draws you in with its pavered driveway, mature landscaping, and grand double-door entry. Inside, you’ll discover a space that feels open, bright, and beautifully updated. The sellers removed interior walls to create an open concept in the formal living and dining areas, allowing natural light to pour in and enhancing the home's flow. Fresh, neutral interior paint and plank porcelain tile flooring throughout the main living areas set a sophisticated and seamless tone.
The kitchen is a true showpiece—fully remodeled with contemporary white cabinetry, granite countertops, double ovens, stainless steel appliances, and a modern cooktop. A large island offers plenty of prep space and casual seating, while the walk-in pantry adds generous storage. The kitchen overlooks the spacious family room overlooking the pool and conservation views.
The primary retreat is a calming escape, with peaceful views of the conservation area and remodeled pool. The en-suite bath has been completely remodeled and feels like a private spa, featuring an expanded frameless glass shower, a new contemporary stand-alone soaking tub, quartz countertops, designer tile on the walls and flooring, updated lighting, and new cabinetry. Dual walk-in closets with custom built-ins provide plenty of storage.The secondary bedrooms are generously sized and thoughtfully laid out for privacy. All secondary bathrooms have also been remodeled with modern finishes, quartz counters, and stylish tile work. The dedicated office is tucked away from the main living spaces—perfect for remote work or quiet study. The large bonus room offers endless possibilities for a media room, playroom, home gym, or guest retreat. Step outside and discover your private outdoor oasis. The expansive lanai, updated with elegant marble pavers, surrounds a sparkling pool with a sun shelf and upgraded PebbleTec finish. The area is also plumbed for a future outdoor kitchen, making it ideal for entertaining. Just beyond, a large wood deck (2020) overlooks the pie-shaped backyard, fully fenced and backing to tranquil conservation—offering total privacy and a peaceful connection to nature.Additional recent upgrades include: New AC systems (2021), All new interior paint (2020), Garage storage system and epoxy flooring (2021), Whole-home water softener system (2023), EV charger and plug  
HOA Fees include membership to Club Tampa Palms Community Center with 3 pools, workout center, playground, pickle ball, basketball, tennis, and meeting rooms.Located in one of New Tampa’s most desirable gated communities, with top-rated schools, easy access to I-75, and close proximity to shopping, dining, and recreation, this one-of-a-kind home is move-in ready and waiting for its next chapter.