CENTURY 21 Edge
$605,0003 bd3 ba2,568 sqft$236 /sqft$4,384 /mo all-in ↓

8118 WATER COLOR DRIVE, LAND O LAKES, FL, 34638

Active7 days on marketListed Sep 16, 2026MLS #TB8545177

WaterfrontSingle Family ResidenceLAKESHORE RANCH PH I

About this home

8118 WATER COLOR DRIVE

There’s something special about a home that feels impressive the moment you walk in, yet still feels comfortable enough for everyday life. This beautiful WestBay Biscayne I home does exactly that. Lovingly maintained by its original owners, this pond-front home offers 3 bedrooms, a Den/Office, 3 full baths, and a 3-car garage, in one of Land O’ Lakes’ premier guard-gated communities. Beautiful landscaping welcomes you to the double glass entry doors, where you step inside to a bright, open interior enhanced by fresh interior paint, updated lighting and ceiling fans, 12-foot ceilings, extended tray ceilings, and 8-foot interior doors. From the foyer, your view carries through the heart of the home to the covered lanai and peaceful pond beyond, creating a beautiful backdrop from the moment you arrive. The kitchen was designed to be a gathering place. Granite countertops, rich wood cabinetry, stainless steel appliances, a built-in oven, gas cooktop, designer vent hood, walk-in pantry, oversized island, and built-in table provide an ideal combination of style, storage, and functionality. Just beyond the kitchen, the spacious great room feels warm and inviting, with an elegant tray ceiling, entertainment wall, and triple sliding glass doors that bring the pond view right into the room. The sliders are finished with custom remote-controlled shades, allowing you to adjust the natural light or create privacy with the touch of a button. Open the doors to the covered lanai and the living space transitions effortlessly outdoors, perfect for entertaining or simply enjoying Florida living. The Owner’s Retreat is privately tucked away and offers generous space, a tray ceiling, tranquil backyard views, and new carpet for a fresh, comfortable feel. Two closets provide plenty of space, with one being a walk-in closet with a custom organization system. The ensuite bath offers a relaxing escape with custom tile, a garden tub, and separate walk-in shower. The additional bedrooms also feature new carpet and are thoughtfully positioned to give family and guests comfortable, private spaces. A separate Den/Office with glass French doors is ideal for working from home, or flex space and could easily be converted into a fourth bedroom. The laundry room provides even more functionality with custom wall cabinetry for additional storage. Step outside onto the extended covered lanai, and you may quickly find your favorite spot in the house. The serene pond creates a wonderful setting for morning coffee, dinner outdoors, entertaining friends, or simply relaxing at the end of the day. Lakeshore residents enjoy the security of a 24-hour manned gate along with resort-style amenities that include a clubhouse, multiple swimming pools, fitness center, tennis, pickleball and basketball courts, playgrounds, dog park, fishing dock, and community activities throughout the year. Basic cable and internet are also included with the HOA. The location makes everyday life just as convenient. With easy access to shopping, dining, and entertainment. The upcoming Ridge Road connection will provide even greater accessibility to the Veterans Expressway corridor, offering another convenient route. Fresh, beautifully maintained, thoughtfully updated, and positioned along the water, this original-owner home offers the space, finishes, and lifestyle buyers are looking for. Come experience LakeShore Ranch living and see why this one feels like home the moment you walk through the door.

Facts & features

The home at a glance

3

Bedrooms

3

Bathrooms

2,568

Sqft

0.2 ac

Lot size

3

Garage

2017

Year built

One

Levels

$236

Per sqft

WaterfrontWater viewPets allowed

Inside

FlooringCarpet · Tile
AppliancesBuilt-In Oven · Cooktop · Dishwasher · Disposal · Dryer · Electric Water Heater · Kitchen Reverse Osmosis System · Microwave · Range · Range Hood · Refrigerator · Washer · Water Softener
InteriorCeiling Fan(s) · Eating Space In Kitchen · High Ceilings · Kitchen/Family Room Combo · Open Floorplan · Solid Wood Cabinets · Split Bedroom · Stone Counters · Tray Ceiling(s) · Walk-In Closet(s)
LaundryLaundry Room
CoolingCentral Air
HeatingCentral

Outside & construction

RoofShingle
ConstructionBlock · Stucco
FoundationSlab
ViewWater
FacesWest
ParkingGarage Door Opener
ExteriorIrrigation System · Sidewalk · Sliding Doors · Sprinkler Metered

Community & fees

HOA fee$100/mo
Taxes (2025)$7,589/yr
PetsYes
CommunityDock · Fishing · Lake · Clubhouse · Community Mailbox · Deed Restrictions · Dog Park · Fitness Center · Gated Community - Guard · Golf Carts OK · Playground · Pool · Sidewalks · Tennis Court(s)

Utilities & systems

UtilitiesBB/HS Internet Available · Cable Connected · Natural Gas Connected · Public · Street Lights · Underground Utilities
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.

$4,384 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$3,265
PMI (est., until 20% equity)$227
Property tax — 2025 actual bill$632
HOA fee — from the listing$100
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $60,500Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $60,500
Interest rate6.00%
Loan term

Estimated payment

$4,384/mo

Principal & interest$3,265
PMI (est., until 20% equity)$227
Property taxes (actual bill)$632
HOA / condo fee$100
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

List $605K
$391KedgeAI estimate $502,679 · range $407K$589K$629K

vs edgeAI estimate

+20.4%

$/sqft vs LAKESHORE RANCH PH I

$236 vs $217

Days on market

7 vs 43 typical

Where $236/sqft sits among the 12 homes for sale in LAKESHORE RANCH PH I

2
2
5
1 · this home
1
1
$171–188$188–204$204–221$221–238$238–254$254+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Land O Lakes

Drive times from this address

Downtown Tampa41 min
Tampa Int’l Airport (TPA)46 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Land O Lakes. See the full Land O Lakes guide →

LAND O LAKES 34638 — neighborhood snapshot

Population

35,900

Median age

37.7

Median income

$117,931

Median home value

$378,200

Avg household

3.15

Households w/ children

5,294

For the school run

Pasco County School District

ElementaryConnerton Elementary School★★★★★
HighLand O' Lakes High School★★★★
MiddlePine View Middle School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Land O Lakes market

Seller’s marketSeller’s market2.9 months of inventoryBuyer’s market

$423K$414K

Land O Lakes median sold, yr/yr

98.3%

Sale-to-list ratio (12 mo)

8 of 12

LAKESHORE RANCH PH I have cut their price

Median sold price, Land O Lakes, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 65% above the LAND O LAKES 34638 median. See the full Land O Lakes market guide →

Paper trail

This home's history

Sep 16, 2026Listed at $605,000 · 7 days on market since
2017Built · LAKESHORE RANCH PH I

Reality check

What actually sold near 8118 WATER COLOR DRIVE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

8429 EAGLE BROOK DRIVESold · Jan ’26

$539,900

8429 EAGLE BROOK DRIVE · same community

4 bd · 3 ba · 2,562 sqft · $211/sqft · 7 DOM

8724 PRESTON WOODS COURTSold · Aug ’26

$549,000

8724 PRESTON WOODS COURT · same community

4 bd · 3 ba · 2,555 sqft · $215/sqft · 53 DOM

19820 LONESOME PINE DRIVESold · Jan ’26

$430,000

19820 LONESOME PINE DRIVE · same community

4 bd · 3 ba · 2,552 sqft · $168/sqft · 136 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Jillian Kobylesky

Your agent

Jillian Kobylesky

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 8118 WATER COLOR DRIVE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 8118 WATER COLOR DRIVE — before you fall in love.

See it in person

Schedule a tour

Live availability from Jillian's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

8118 WATER COLOR DRIVE FAQs

What would the monthly payment be for 8118 WATER COLOR DRIVE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,384/mo — principal and interest, the actual property-tax bill, the $100/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

How much are the HOA fees at 8118 WATER COLOR DRIVE?+

The association fee works out to $100 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 8118 WATER COLOR DRIVE?+

The most recent tax bill on record (2025) was $7,589. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 8118 WATER COLOR DRIVE?+

The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Land O Lakes?+

At $605,000, this home is listed about 44% above the Land O Lakes median of $419,450. The market section on this page shows how the area is trending.

Which schools are assigned to 8118 WATER COLOR DRIVE?+

Connerton Elementary School (elementary), Land O' Lakes High School (high), Pine View Middle School (middle) — Pasco County School District. Always verify school assignments with the district before relying on them.

The brief

Four things that matter here

01Positioned at the premium end

$605,000 runs 65% above the LAND O LAKES 34638 median — but at 2,568 sqft it's also 26% larger than the typical Land O Lakes listing.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Fresh on the market

Only 7 days on market in a Land O Lakes market that averages 43 — if it fits, move quickly.

04Strong assigned schools

Connerton Elementary School, Land O' Lakes High School, Pine View Middle School — Land O' Lakes High School rates 4 of 5. Always verify assignments with the district.

Listing courtesy of FUTURE HOME REALTY INC · Lilly Caruso. MLS #TB8545177.

IDX information is 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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