by Global Lifestyle Properties

See Home Value
$1,300,000
● House - Off Market

3031 CEDAR TRACE

TARPON SPRINGS, FL 34688
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,276 Ft²
$7,619
Est. Monthly
$13
HOA / Fees
2.37%
Cap Rate

About This Property

Unique Estate in Oak Hill – Iconic Property with 4,500+ SF Outbuilding

Welcome to one of the most distinctive and well-known properties in unincorporated Tarpon Springs. Nestled in the desirable Oak Hill community-where homes sit on expansive lots and some even accommodate horses-this exceptional estate offers 2.52 acres of privacy, space, and endless possibilities.

Lovingly maintained by the same owners for over 30 years, the property includes a beautifully updated nearly 3,300 square foot pool home and a truly one-of-a-kind metal outbuilding spanning 4,500+ square feet. This "mystery building," known as a local landmark at the corner of Keystone and Eastlake Rd., is built with durability and versatility in mind-fully insulated with 17-foot ceilings, two AC units, mercury vapor lighting, a bathroom, and a massive 13-foot overhead door. Whether you're a car enthusiast, collector, or entrepreneur, this space offers limitless potential.

Step into the home and you'll find:

• A stylish, remodeled eat-in kitchen featuring rich cabinetry, granite countertops, and top-of-the-line KitchenAid appliances

• A spacious and cozy family room with soaring ceilings, skylights, a dramatic gas fireplace with stone hearth, and exposed wood beam for rustic charm

• A primary suite with dual vanities, updated bathroom, walk-in closets, and private access to outdoor space

• A 4th bedroom currently configured as a home office or potential in-law suite, complete with its own mini-split AC unit

• A sparkling, heated pool and spa surrounded by a large screened lanai-ideal for outdoor relaxation or entertaining year-round

Additional features include a propane gas system, well-fed irrigation, and a backyard shed perfect for your riding mower and tools.

This property passed a 4-point inspection in May 2024 and offers a rare combination of acreage, upgrades, location, and character that truly must be seen to be fully appreciated.
Unit Size
3,276 Ft²
Days on Market
86 days
Land Size
2.52 acres
Price per sqft
$443
Property Type
House
Property Taxes
$487
HOA Dues
$13
Year Built
1977

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Last updated: 11 months ago (Stellar MLS #TB8415059)

Price History

Date / Event Date Event Price
Oct 31, 2025 Sold
Sold
Oct 26, 2025 In contract -
In contract
Sep 29, 2025 Price Decreased $1,450,000
↓ $150K (9.4%)
Price Decreased
Aug 6, 2025 Listed by HOMES BY SANDERS REALTY $1,600,000
Listed by HOMES BY SANDERS REALTY
Aug 2, 2013 Sold
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 12
  • Building Style: 25
  • Exterior Walls Type: 2
  • Interior Walls Type: 16
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 624
  • Parking Space Count: 5
  • Patio Type: 69
  • Porch Type: 102
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 109,976
  • Lot Size Depth Feet: 4,500
  • Lot Size Frontage Feet: 2,490
  • Total Building Area: 4,459
  • Gross Building Area: 4,459
  • Building Area: 3,276
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,276
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAK HILL ACRES
  • Land Acres: 0000002525
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: OAK HILL ACRES LOT 59 LESS NELY 1FT THEREOF PER O.R. 18109/715 (MAP S-10-27-16)

Neighborhood

  • School District Name: Pinellas County School District
  • School Tax School District: 0011, L235
  • Census Tract: 027328

Zoning

  • Zoning: AE

Geography

  • Assessors Map Reference: 6C
  • Account Number: R97631
  • District: ETF
  • Subdivision Tract Number: 62595
  • Parcel: 09-27-16-62595-000-0590
  • Lot: 59
  • Meridian: SEC 9 TWN 27S RNG 16E
  • Municipality: EAST LAKE FIRE
  • Latitude: 28.1487
  • Longitude: -82.697

    Address

  • Full Address: 3031 Cedar Trce
  • Address - House Number: 3031
  • Address - Street Name: Cedar
  • Address - Suffix Type: Trce
  • State: FL
  • City Name: Tarpon Springs
  • Carrier Code: R010
  • 4-Digit Zip Code: 8528
  • Zip Code: 34688

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $568,277
  • Tax Rate Code Area: ETF

    Appraisal Valuation

  • Standard Deviation: 0.1914
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 74
  • Final Value: 1,034,694
  • High Value: 1,232,823
  • Low Value: 836,566

    Market Valuation

  • Market Total Value: $626,376
  • Market Land Value: $246,046
  • Market Improvement Value: $380,330

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $336,182

    Sales

  • Current Sale Contract Date: Jun 14, 2013
  • Current Sale Recording Date: Aug 02, 2013
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2013252980
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Oak Hill Acres


Similar Homes for Sale

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Nearby Rentals

Unit for rent at 442 Knight Drive, TARPON SPRINGS, FL, 34688

$3,700 /mo

  • 4 Beds
  • 3 Baths
  • 2,523 ft²
442 Knight Drive, TARPON SPRINGS, FL, 34688 Listing by Andrea Lopez


Frequently Asked Questions

When was property at 3031 Cedar Trace built and last sold?
The property at 3031 Cedar Trace was built in 1977 and last sold on Jun 14, 2013 for $600.
How much is this home worth?
The estimated value of the home located at 3031 Cedar Trace is $0.
What are some comparable homes to 3031 Cedar Trace?
There are currently no comparable homes to 3031 Cedar Trace.