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Property Description
One or more photo(s) has been virtually staged. LAKEFRONT LIVING ON 1.8 ACRES WITH NO HOA! Tucked away beneath mature oak trees and situated on the shores of private Lake Chapman, this one-of-a-kind property offers the perfect blend of privacy, space, and waterfront living. Set on a sprawling 1.8-acre homesite, this 4-bedroom, 3-bath home features a versatile floor plan with multiple living areas, a bonus room, loft, and a newly renovated theater room-providing endless possibilities for multi-generational living, a private guest suite, home office setup, or potential in-law accommodations. The heart of the home is the beautifully renovated kitchen, featuring quartz countertops, updated cabinetry, stainless steel appliances, and an oversized breakfast bar that opens seamlessly to the living and dining spaces. Recent updates continue throughout the home with renovated secondary bathrooms, updated flooring, fresh interior improvements, and multiple HVAC replacements for added peace of mind. Natural light pours into the expansive sunroom, where panoramic views of the lake create the perfect backdrop for morning coffee or evening gatherings. Step outside and experience true Florida lakefront living with a private dock extending into Lake Chapman, offering opportunities for boating, fishing, kayaking, or simply enjoying spectacular sunset views. The secluded setting provides a rare sense of privacy while still being conveniently located near shopping, dining, major highways, and everything Brandon and the Tampa Bay area have to offer. With no HOA restrictions, there's plenty of room for your boats, RVs, trailers, and recreational toys. Whether you're searching for a private waterfront retreat, space for extended family, or a property that offers flexibility and room to grow, this exceptional Lake Chapman home delivers a lifestyle that's hard to find and impossible to replicate.
Full Property Details
Full Property Details for 498 Lakewood Dr
General
- Price: $585,000
- Taxes: $5,697 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8507400
- Updated: Today (6/4/2026)
- Added to Site: Today
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 11
- Interior Features: Ceiling Fan(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s)
- Fireplace: Yes
- Fireplace(s): Wood Burning
- Appliances: Built-In Oven, Dishwasher, Disposal, Microwave, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Luxury Vinyl, Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Laundry Room
Exterior
- Exterior Features: French Doors, Private Mailbox
- Deck/Patio: Covered, Enclosed, Screened
- Porch/Patio/Deck: Covered, Enclosed, Screened
Location
- Area: 33510 - Brandon
- County: Hillsborough
- Development Name: 33510 - Brandon
- Subdivision: UNPLATTED
- Driving Directions: From the West I-75 South, merge onto SR-618 toward Tampa, Port of Tampa exit 8 onto SR-60 East, 0.5 miles continue onto E. Kennedy Blvd. From Orlando Take I-4 West towards Tampa, exit 9 to merge onto I-75 South towards Naples, Exit 257 onto SR-60 towards Brandon. 1.5 Miles turn left onto Lakewood Drive. .5 miles on the left.
- Direction Faces: East
School Information
- Elementary School: Schmidt-HB
- Middle School: Mann-HB
- High School: Brandon-HB
Community
- Community Name: 33510 - Brandon
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water District: LAKE CHAPMAN
- Water: Well
- Utility Description: Public
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Exterior Const.: Block
- Roof: Shingle
- Stories/Levels: Two
- Square Feet: 3,639
- Sq. Ft. Source: Public Records
- Year Built: 1981
Lot Features
- Property View: Trees/Woods, Water
- Lot Size (Acres): 1.58
- Lot Size (Sq. Ft.): 69,006
- Lot Size: 1.5842
- Lot Dimensions: 51 x 200
- Street/Road Desc.: Paved
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Lake
- Water Extras: Yes
- Water Front Name: LAKE CHAPMAN
- Water Front Desc.: Lake Front
Financial Considerations
- Tax Amount: $5,697
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: N 66 FT OF NE 1/4 OF NE 1/4 OF SW 1/4 21 29 20 AND LOT 1A LESS THAT PT DESC AS BEG AT NE COR RUN S 12 FT W 550 FT MOL P/L TO S BDRY TO INTER WITH N BDRY OF LOT A E ALONG N BDRY TO BEG CHAPMAN'S LAKE FRONT TRACTS
- Flood Zone Info: X
- APN: U212920ZZZ00000254010.0
- Property ID: U212920ZZZ00000254010.0
- Block/Lot/Section: 2
Listed by Lpt Realty, Llc
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Schools
Schools serving 498 Lakewood Dr
School District:Hillsborough County School District
| Name | Grades | Distance |
|---|---|---|
Schmidt Elementary School 1250 Williams Road, Brandon, FL 33510 | K-5 | 1.1 mi |
Mclane Middle School 306 North Knights Avenue, Brandon, FL 33510 | 6-8 | 1.2 mi |
Brandon High School 1101 Victoria Street, Brandon, FL 33510 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 498 Lakewood Dr
Date
Details
Price
Change
Source
6/04/2026
Listed
$585,000
69.57%
MLS
11/10/2016
Sold
$345,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 498 Lakewood Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,697
9%
$326,208
3%
2024
$5,242
4%
$317,015
3%
2023
$5,055
6%
$307,782
6%
2021
$4,785
-1%
$290,114
-3%
2022
$4,840
1%
$298,817
4%
2021
$4,785
5%
$286,108
2%
2019
$4,558
1%
$279,675
2%
2018
$4,499
1%
$274,460
2%
2017
$4,438
-15%
$268,815
3%
2016
$5,229
41%
$260,659
19%
2015
$3,720
1%
$218,862
1%
2014
$3,694
—
$217,125
2%
2013
$3,703
—
$213,916
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 498 Lakewood Dr
498 Lakewood Drive, Brandon, FL 33510 (MLS# TB8507400) is a Single Family property with 4 bedrooms, 3 full bathrooms and 1 partial bathroom. 498 Lakewood Drive is currently listed for $585,000 and was received on June 04, 2026. Want to learn more about 498 Lakewood Drive? Do you have questions about finding other Single Family real estate for sale in Brandon? You can browse all Brandon real estate or contact a Coldwell Banker agent to request more information.

