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21604 DRAYCOTT WAY

House For Sale
$959,900

BTC: 15.53236246

ETH: 549.77090493

-$90K (2026/05/26)
212 days
Waterfront
5 bds
4 ba
4,375 sqft

Overview

Welcome to 21604 Draycott Way in Land O’ Lakes, a stunning lakefront estate located in the gated community of Lakewood Retreat within Wilderness Lake Preserve. This expansive 5-bedroom, 4-bathroom residence offers over 4,300 square feet of well-designed living space, combining elegance, comfort, and the beauty of Florida waterfront living. A grand foyer welcomes you into the home, where open-concept living areas are enhanced by hand-scraped hardwood flooring, custom lighting, and large windows that bring in natural light and serene views. The kitchen is designed for both functionality and style, featuring quartz countertops, stainless steel appliances, custom cabinetry, and a built-in wine fridge. A breakfast bar and dining area overlook the pool and lake, creating a perfect setting for everyday living and entertaining. The first-floor primary suite offers a private retreat with direct access to the pool deck, dual walk-in closets, and a spacious ensuite bathroom complete with a soaking tub, dual vanities, walk-in shower, and private water closet. Additional bedrooms are generously sized, providing flexibility for guests, home office space, or multi-generational living. Outdoor living is a highlight of this property, featuring a screened-in pool and spa with a saltwater system and heater, creating a relaxing environment year-round. Beyond the pool, a private boardwalk leads to a covered dock equipped with electric and a boat launch, offering direct access to Lake Wilderness for boating, fishing, and enjoying peaceful water views. The upper level includes a large loft recreation area, a secondary living space with balcony overlooking the lake and preserve, and a dedicated media or theater room, providing multiple areas for entertainment and relaxation. Wilderness Lake Preserve offers a wide range of amenities including a lakefront fitness center, fishing dock, tennis courts, basketball courts, sand volleyball, community pool, movie theater, and a nature center with a unique treehouse playground. Conveniently located approximately 30 minutes from Tampa, this property provides a balance of quiet, nature-filled surroundings with easy access to shopping, dining, and major roadways. This exceptional lakefront home presents an opportunity to enjoy space, privacy, and the benefits of a well-established community in Land O’ Lakes.

Location

Details

Type:
Residential
Parking:
Garage Door Opener
Year Built:
2007
Lot:
0.48 Acres
Heating:
Central
Price/sqft:
$219
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,029,950
$687K – $1.2M
Confidence Low
List vs. estimate
$70K below estimate
List $959,900 · -6.8%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$219
+4.4% vs. city median $210
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$17,000
2024
Pool
Gunite
View
Water
Waterfront
Waterfront, Lake Front
Garage
3 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Ceramic Tile

    • Hardwood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Bar Fridge

    • Built-In Oven

    • Convection Oven

    • Cooktop

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Refrigerator

    • Washer

    • Water Softener

    • Wine Refrigerator

    Other interior features

    • Built-in Features

    • Ceiling Fan(s)

    • Central Vacuum

    • High Ceilings

    • Kitchen/Family Room Combo

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Solid Surface Counters

    • Tray Ceiling(s)

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Full bathrooms: 4

  • Parking

    • Garage Door Opener

    Property

    • Levels: Two

    • Pool Private: Yes

    • Exterior Features: Balcony / Irrigation System / Lighting / Rain Gutters / Sliding Doors / Sprinkler Metered

    Lot

    • Lot: 0.48 Acres

    Other Property Information

    • Parcel Number: 362518002000A000130

    • Zoning: MPUD

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Public

  • Other financial information

    • HOA Frequency: Annually

    • Annual tax amount: $17,000

  • Source details

    • MLS ID: TB8444622

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Laundry Room

    • Lot Features: Conservation Area / Near Golf Course / Oversized Lot

    • Patio And Porch Features: Enclosed / Screened

    • Pool Features: Gunite / Heated / In Ground / Other / Salt Water / Screen Enclosure / Tile

    • Direction Faces: East

    • Other Structures: Boat House

    • Waterfront: Yes

    • Water Body Name: BAY LAKE

    • Garage Spaces: 3

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 4375

    • Water Source: Public

    • Subdivision Name: WILDERNESS LAKE PRESERVE PH 2

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: PEOPLE'S TRUST REALTY