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506 GAY ROAD

House Active With Contract
$389,900

BTC: 5.98189629

ETH: 204.92578733

11 days
3 bds
2 ba
1,542 sqft

Overview

This Nature Lovers paradise is a rare opportunity to own a pool home on Lake Sangri La. This home features 3 Bedrooms 2 Bathroom a large outside pool/patio area & a 2 car garage. Other features include a large kitchen/dining room combination, a roomy laundry room with extra cupboard space for storage of dry goods. Situated on a massive 193'x190' Lot backing up to Lake Shangri La, Mother Nature shows off every morning & night! The visitors you will encounter range from Ducks, Blue Heron, Bass, Turtles, Butterflies. A truly magnificent piece of nature. Whether you're swimming in the pool or sipping coffee from the kitchen table you'll have a beautiful view of the lake! Included in the sale are (2) 10X12 Sheds (one with power the other wired for power) a great place to keep your fishing gear and kayak! This home has been very well maintained over the years by an owner who cares! A new roof in December of 2023. Centrally located - 1hr to Disney, 1 hr to Clearwater Beach, 20 Minutes to Tampa Airport (depending on traffic) 30 Minutes to Downtown Lakeland. Homes like this don't come around every day. County Web site has this home listed as AE Flood zone. We have attached a document from FEMA (LOMA) stating the home is not in a flood zone.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1980
Lot:
0.40 Acres
Heating:
Heat Pump
Price/sqft:
$253
Cooling:
Central Air
HOA:
$100

Valuation

Our model vs. what's actually selling nearby.
Estimate
$369,950
$270K – $417K
Confidence Low
List vs. estimate
$19K above estimate
List $389,900 · +5.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$252
+11.9% vs. city median $225
Based on
14 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$992
2025
HOA
$100/yr
Pool
Deck
View
Pool
Garage
2 car garage
Furnished
Negotiable
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    Heating

    • Heat Pump

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Electric Water Heater

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Sliding Doors / Storage

    Lot

    • Lot: 0.40 Acres

    Other Property Information

    • Parcel Number: U35282026I00000700018.0

    • Zoning: RSC-6

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Connected

    • Electricity Connected

    • Water Connected

  • Other financial information

    • HOA: $100

    • HOA Frequency: Annually

    • Annual tax amount: $992

  • Source details

    • MLS ID: TB8514530

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Laundry Room

    • Lot Features: Oversized Lot

    • Pool Features: Deck / In Ground / Screen Enclosure

    • Direction Faces: West

    • Other Structures: Shed(s)

    • Water Body Name: LAKE SHANGRI LA

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1542

    • Water Source: Public

    • Lot Size Dimensions: 193 x 90

    • Subdivision Name: SHANGRI LA II SUB PHAS

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: TURNER COLE COMPANY