NEWLY IMPROVED PRICE-NOW $20,000 LOWER! Nearly 4,000 SQ FT of living space, an almost HALF-ACRE LAKEFRONT LOT and NO HOA make 708 Warren Road an exceptional opportunity in South Lutz. While similarly sized homes in nearby HOA communities are often priced well above $1 MILLION, this custom-built 5-bedroom, 3-bath home plus BONUS ROOM offers 3,889 square feet, direct lakefront living, generous property size and the freedom of NO HOA dues or restrictive community rules. Set in an established luxury lakefront neighborhood, the oversized homesite provides abundant outdoor space with room to potentially add a pool, outdoor kitchen, gazebo or other backyard retreat. The peaceful, non-ski lake creates a quieter waterfront setting where trolling motors are permitted and serene water views can be enjoyed every day. Inside, a highly desirable and hard-to-find floorplan features TWO PRIMARY SUITES-one downstairs and one upstairs-creating exceptional flexibility for multi-generational living, extended guests, added privacy or simply choosing the retreat that best suits your lifestyle. The main level is warm and inviting with engineered hardwood and tile flooring, plantation shutters, a wood-burning fireplace, wet bar and spacious living areas designed for both everyday comfort and entertaining. The kitchen features granite countertops, stainless steel appliances and an easy connection to the surrounding gathering spaces. The downstairs primary suite is especially impressive, featuring a 9' x 15' WALK-IN CLOSET with floor-to-ceiling custom organization and an en suite bath with oversized dual vanity, garden tub, walk-in shower with rain head and beautiful stone finishes. Upstairs, the second primary suite offers another private retreat along with a newer balcony overlooking the property and lake. Pride of ownership is evident throughout, with thoughtful updates and consistent maintenance including IMPACT WINDOWS, newer French doors, a metal roof approximately 20 years old that the manufacturer stated carries a 60-year lifespan, a recently passed 4-point inspection, regularly maintained HVAC system and a GENERAC GENERATOR serviced at least annually and supplied by a buried gas tank. Additional features include well water with a whole-house water treatment system, a recently inspected septic system with replaced lift station, oversized circular driveway, expansive laundry room and interior storage room. The South Lutz location combines peaceful lakefront living with convenient access to Carrollwood, Northdale, Downtown Tampa, Dale Mabry, Van Dyke, shopping, dining, grocery stores, medical facilities and everyday conveniences. The home is also zoned for highly sought-after STEINBRENNER HIGH SCHOOL. LAKEFRONT. ALMOST HALF AN ACRE. 3,889 SQ FT. TWO PRIMARY SUITES. NO HOA. And now, a RECENT $20,000 PRICE IMPROVEMENT. An increasingly rare combination of space, waterfront living and freedom in one of Lutz's most convenient locations. Photos depicting pools are virtually staged for visualization only and do not represent an existing, permitted or guaranteed pool design. Buyers should independently verify pool feasibility with the appropriate municipality and a qualified pool contractor.