One or more photo(s) has been virtually staged. Unleash your creativity and investment savvy with this hidden gem now back on the market after buyer financing fell through, presenting a rare opportunity for those with a vision. Nestled within the privately gated prestigious Lakeplace community of Tarpon Springs, this 4-bedroom, 5-bathroom home boasts a versatile 3-way split plan and two bonus rooms, offering endless possibilities for multi-family living, home office space, or guest accommodations. Set on 1.26 acres of prime real estate among million-dollar homes, this property exudes potential. With a 4-car garage, large driveway, and expansive patio, there's ample space for both convenience and leisure. The spacious kitchen, equipped with a 6-burner chef stove, beckons culinary enthusiasts to create masterpieces. A formal dining room adds an elegant touch, while the potential for a pool enhances outdoor living. Seeking a buyer with a creative eye to unlock its full potential. Don't miss your chance to turn this diamond in the rough into your dream home—schedule your showing today and let your imagination soar! Savor breathtaking sunsets and connect with nature by the lake, courtesy of your your exclusive access to the community's private boardwalk, dock, and charming gazebo. Lakeplace, situated within the esteemed East Lake corridor, is nestled within the vibrant community of Tarpon Springs, renowned for its Sponge Docks, which offer an array of dining options, shopping, tours, sightseeing opportunities, festivals, and art shows. Tarpon Springs also enjoys close proximity to Florida's pristine beaches, Tampa International Airport, and the sporting arenas of the Tampa Bay Buccaneers, Lightning, and Rays.