MASSIVE PRICE REDUCTION! Build the FAMILY COMPOUND you have always envisioned or develop for several families. The options are endless!! Are you already in Tampa Bay and have been searching for a large centrally located parcel? With all the growth in Tampa Bay, this 9.8 acre Carrollwood estate property with a bonus house is a hidden gem. This property has stunning views of two lakes and has generous lake frontage for building your own dock. This home and estate property come with a piece of storied Tampa history that harkens back to many prominent names and builders of Tampa Bay's history. Dating back to 1914, this estate has a history in building Tampa Bay, and now it is time for new history to be written! As you enter this ecologically diverse property through the gate you will drive down a long driveway to the back of the property where the original home was built. The back of the property sits on Boat Lake, also known as “Boot Lake” because of its unique shape and is 34 1/2 acres of pristine nature. To the left is Carroll Cove Lake at 5.14 acres, which is the inlet to Lake Carroll, over 210 acres. This property features direct/private access to both lakes. (Boaters heaven). The wildlife is abundant and diverse; you feel like you are tucked away in a nature preserve in the heart of bustling and growing Tampa. This pristine property is an ideal shape for building a new home or remodeling and re-imagining the current one on the secluded back portion. Maybe the main home plus a guest house, gym, or pool house on the front part? The only thing holding you back is your imagination. The house on the property was built in 1957 and has everything you need to keep you comfortable while building your Florida forever home. The house will need some work and no value is being assigned to the house and property is being sold as land value. The property can be divided into several separate lots, which would allow you to build the family compound you have always desired. This is truly your own slice of paradise that can be built to satisfy generations of your family old, young and present. Value is in the land, house on property listed as residential as well. Conveniently located 20 minutes away from Sparkman Wharf, 15 minutes to Avila Golf and Country Club, 20 minutes to Amalie Arena, 20 minutes to Curtis Hixon Waterfront Park. Other Tampa gems include Tampa international airport at 20 minutes, Raymond James Stadium 20 minutes, midtown Tampa 18 minutes, Carrollwood Country Club 18 minutes, and Moffitt Cancer Center 18 minutes.