$50,000 PRICE ADJUSTMENT! In a market where truly special opportunities are becoming harder to find, this over half acre estate property in Cheval stands out for its privacy, scale, and untapped potential on over half an acre within the highly sought after estate section of Cheval, this is a rare opportunity to secure a property with exceptional scale, privacy, and long term upside in one of Tampa Bay's most established gated communities. Set along a quiet, tucked away street, the homesite offers a sense of space and separation that is becoming increasingly difficult to find, even in premier neighborhoods. The residence features five bedrooms, three full baths and one half bath, along with a desirable side entry garage and a generously proportioned floor plan that offers both functionality and flexibility. From the moment you enter, the layout presents a clear canvas for transformation, with the ability to open, modernize, and tailor the living spaces to today's design preferences while maintaining the home's strong structural footprint. Outdoor living is already well established, with a private pool and spa creating a natural focal point for relaxation and entertaining. A recently installed outdoor kitchen enhances the experience, offering a seamless extension of the home's living space and the perfect setting for gatherings year round. What truly sets this opportunity apart is that the most significant and costly improvements have already been completed. A new tile roof, two new air conditioning systems, and a new hot water heater provide peace of mind and allow a new owner to direct their investment toward the visible, value enhancing elements that define a home's character and style. For buyers with vision, this property represents the ideal blend of foundation and potential. Whether reimagined into a modern luxury showpiece or thoughtfully updated to reflect timeless design, the possibilities here are substantial.Opportunities like this within Cheval's estate section are increasingly rare, where lot size, location, and privacy converge to create lasting value. This is not simply a home, but a chance to design and build equity in one of the area's most desirable settings.