**NEW PRICE $1,490,000!** Discover an extraordinary opportunity to own a 2.42-acre lakefront estate near Tampa, Florida, offering the space, flexibility, and distinctive amenities sought by multigenerational homebuyers, luxury real estate investors, and buyers exploring vacation rental opportunities. Located at 11401 Thonotosassa Road in Thonotosassa, this 6-bedroom, 5-bath residence offers 4,227 square feet of living space, TWO FULL KITCHENS, multiple living areas, and a versatile floor plan ideal for extended family living, multi-household accommodations, or a private family compound. For investors searching for unique Tampa Bay investment properties, luxury short-term rental opportunities, or potential retreat destinations, this estate offers a compelling combination of acreage, waterfront access, guest accommodations, and resort-style outdoor spaces. Inside, soaring vaulted ceilings, handcrafted wood finishes, a beautiful stone fireplace, and a full Turkish bath spa create a distinctive atmosphere unlike typical luxury homes. Outdoors, enjoy a resort-style swimming pool with sun shelf, waterfall, flowing stream, koi pond, and expansive grounds designed for relaxation and entertaining. A SEPARATE LAKEFRONT PARCEL INCLUDED IN THE SALE features a cabana, outdoor kitchen, fire pit, and direct access to Lake Thonotosassa, creating an exceptional setting for boating, waterfront gatherings, and Florida lakefront living. The property's layout and amenities also invite exploration of possibilities such as a boutique wellness retreat, executive getaway, extended-stay accommodations, or intimate event destination, subject to verification of zoning, licensing, permitting, and all applicable approvals. Additional features include a detached three-car garage, custom carport, RV accommodations, parking for more than 10 vehicles, and NO HOA. Convenient access to I-75 connects this private Hillsborough County estate with Downtown Tampa, the University of South Florida, Moffitt Cancer Center, Tampa International Airport, and Tampa Bay attractions. Whether you're searching for a MULTIGENERATIONAL HOME NEAR TAMPA, a PRIVATE LAKEFRONT COMPOUND, or a distinctive FLORIDA REAL ESTATE INVESTMENT, opportunities combining this much land, living space, waterfront access, and lifestyle flexibility deserve a closer look. NOW OFFERED AT $1,490,000. Schedule your private tour and discover what makes this Lake Thonotosassa estate truly different.