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$699,900

8234 Tea Olive Terrace

Palmetto, FL
Active
5
Bedrooms
3.5
Bathrooms
3,704
Square Feet
0.15
Lot Size (acres)
2023
Year Built
96
Days On Market

Welcome to an extraordinary better-than-new luxury residence, perfectly positioned on one of the most desirable homesites at Tea Olive Terrace at the Fairways Imperial Lakes. Nestled within an exclusive enclave of only 66 homes, this intimate all-natural gas community, thoughtfully crafted by William Ryan Homes, offers a rare combination of quality construction, exceptional privacy, and timeless elegance. Set against breathtaking lake and preserve views, this exceptional home has been extensively upgraded beyond builder standards, offering the luxury, craftsmanship, and resort-style outdoor living today’s discerning buyers desire—without the additional expense, time, or uncertainty of building new. From the moment you arrive, professionally designed landscaping, elegant architectural details, and impressive curb appeal create a lasting first impression. Inside, soaring ceilings accented with tray ceilings and crown molding, designer lighting, upgraded remote operated ceiling fans, and abundant natural light complement the spacious open-concept floor plan. A built-in surround sound system with indoor and outdoor speakers creates the perfect setting for effortless entertaining. Designed with both luxury and functionality in mind, the chef’s kitchen is the heart of the home, featuring stainless steel appliances, quartz countertops, designer tile backsplash, abundant cabinetry with soft-close drawers and convenient pull-outs for ultimate organization, and an oversized center island overlooking the dining area, great room and your personal outdoor oasis. One of the home’s most sought-after features is its versatile floor plan, offering two luxurious primary suites, providing exceptional flexibility for multi-generational living. Outside, your private backyard paradise is already beautifully completed showcasing a custom heated saltwater pool and spa with elegant waterfalls, LED lighting, premium decking, and a panoramic picture-screen enclosure that perfectly frames the tranquil lake and preserve views. The pool was thoughtfully constructed with an extra-deep end, perfect for cannonballs and added fun. Your paradise can easily be enhanced with an outdoor kitchen with the plumbing and gas lines already installed for the outdoor chef. This home also features hurricane-impact glass throughout, providing superior storm protection, enhanced energy efficiency, and everyday comfort. A central vacuum system adds a unique and convenient feature for effortless cleaning throughout the home. Unlike new construction, every upgrade has already been completed—from the premium homesite and custom outdoor oasis to the professional landscaping, architectural enhancements, integrated audio system, designer finishes, built-in organization, garage storage racks for added functionality, and countless thoughtful details—allowing you to simply move in and enjoy. Residents of Tea Olive Terrace at the Fairways Imperial Lakes enjoy low HOA fees, NO CDD fees, championship golf nearby, and a prime location with convenient access to I-75, Lakewood Ranch, Sarasota, St. Petersburg, Tampa, world-class Gulf beaches, shopping, dining, and major airports. If you are seeking a rare combination of an exclusive boutique community, custom William Ryan Homes craftsmanship, all-natural gas living, hurricane-impact windows, and luxury upgrades inside and out, 8234 Tea Olive Terrace presents an exceptional opportunity to own one of the finest homes in this community.

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Listing Information

Listing Updated
08/07/2026
Listed By
Heidi Gibson, 8505011110 · COMPASS FLORIDA LLC, 7273802067
MLS#
A4698380
Source
Stellar MLS
Status
Active

Facts & Features

Location

Community Information

Address
8234 Tea Olive Terrace, Palmetto, FL 34221
City
Palmetto
County
Manatee
Neighborhood
IMPERIAL LAKES RESIDENTIAL
Zip Code
34221

Architecture

Bedrooms
5
Bathrooms
3.5
Stories
2
Year Built
2023
Style
Ranch, Florida
Construction Materials
Frame, Stucco, Block
Building Area
3,704 sq. ft.
Foundation
Slab
Roof
Shingle
Levels
Two
Garage
Yes
Garage Spaces
2
Parking Features
Driveway, Attached, Garage Door Opener

Features & Amenities

Interior Features
Walk-In Closet(s), High Ceilings, Open Floorplan, Crown Molding, Tray Ceiling(s), Stone Counters, Built-in Features, Smart Home
Appliances
Dishwasher, Microwave, Refrigerator, Disposal, Convection Oven, Cooktop, Gas Water Heater
Flooring
Tile, Carpet
Patio and Porch
Covered, Patio, Screened, Front Porch
Community Features
Golf, Sidewalks
Cooling
Central Air
Heating
Electric

Property Features

Lot Size
0.15 Acres
Lot Features
Waterfront, Landscaped, Paved
View
Trees/Woods, Lake, Water
Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Electricity Connected, Sewer Connected, Water Connected, Underground Utilities

Square Footage

Total
2,949 sq. ft.

Tax & Financial Information

List Price
$699,900
Annual Taxes
$264
Association Fee
$120 (paid Monthly)
Association Amenities
Golf Course

Schools

100/100
Barbara A Harvey Elementary School
Elementary · Grades PK–05 · 3.5 mi
City
Parrish
Students
692
Parent reviews
5.0★ avg · 1 review
Student body
65% White · 21% Hispanic / Latino · 7% Black
Free/reduced lunch
39%
Phone
(941) 803-9340
75/100
Virgil Mills Elementary School
Elementary · Grades PK–05 · 1 mi
City
Palmetto
Students
1,183
Parent reviews
5.0★ avg · 1 review
Student body
65% White · 20% Hispanic / Latino · 9% Black
Free/reduced lunch
45%
Phone
(941) 721-2140
61/100
Palmetto Youth Academy
Grades M–M · 4.3 mi
City
Palmetto
Students
42
Student–teacher
21.0
Student body
55% Black · 31% White · 14% Hispanic / Latino
Free/reduced lunch
7%
Phone
(941) 722-3700
60/100
Imagine Charter School At North Manatee
Elementary · Grades PK–08 · 1.2 mi
City
Palmetto
Students
607
Parent reviews
3.0★ avg · 4 reviews
Student body
56% White · 26% Hispanic / Latino · 11% Black
Free/reduced lunch
50%
Phone
(941) 981-5345
59/100
Buffalo Creek Middle School
Middle · Grades 06–08 · 1.1 mi
City
Palmetto
Students
1,102
Parent reviews
3.0★ avg · 2 reviews
Student body
51% White · 29% Hispanic / Latino · 15% Black
Free/reduced lunch
55%
Phone
(941) 721-2260
59/100
James Tillman Elementary Magnet School
Elementary · Grades PK–05 · 4.6 mi
City
Palmetto
Students
547
Parent reviews
3.0★ avg · 1 review
Student body
47% Hispanic / Latino · 36% Black · 14% White
Free/reduced lunch
80%
Phone
(941) 723-4833
55/100
Blackburn Elementary School
Elementary · Grades PK–05 · 4.2 mi
City
Palmetto
Students
501
Student body
43% Hispanic / Latino · 29% White · 23% Black
Free/reduced lunch
72%
Phone
(941) 723-4800
54/100
Palm View K-8 School
Elementary · Grades PK–08 · 3.8 mi
City
Palmetto
Students
354
Parent reviews
2.0★ avg · 4 reviews
Student body
49% Hispanic / Latino · 25% Black · 23% White
Free/reduced lunch
72%
Phone
(941) 723-4812

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
08/07/2026Price change$699,900
06/30/2026Listed for sale$725,000

Listed by Heidi Gibson · COMPASS FLORIDA LLC · 7273802067

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Stellar MLS. All rights reserved.

Last Updated: August 7, 2026 at 9:18 PM | Source: Stellar MLS | MLS#: A4698380

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