50 BALSAM DRIVE, Oldsmar, FL, 34677 | $374,000

Carefree Living in a Premier Gated Community with Country Club Lifestyle Options.

Welcome to your dream villa in the highly sought-after gated enclave of East Lake Woodlands—a serene community surrounded by nature, yet close to every convenience. This immaculately maintained 3-bedroom, 2-bath villa-style home is just steps from the newly refurbished residents-only pool, and offers the perfect blend of comfort, elegance, and low-maintenance living.

Step inside to find newer wood flooring and ceramic tile throughout, providing both warmth and durability. The open-concept kitchen is a chef’s delight, boasting stainless steel appliances, a breakfast bar, and soft-close shaker cabinetry with granite countertops—also featured in both beautifully updated bathrooms.

Enjoy your morning coffee in the sunlit breakfast nook, with sliding glass doors opening to a fenced front patio, or host gatherings in the expansive 22’ x 30’ screened lanai with pavers, accessed via hurricane-rated sliding glass doors and offering a private outdoor retreat perfect for entertaining.

The spacious primary suite offers direct patio access, a walk-in closet, and an updated ensuite bath with dual vanities, granite countertops, a frameless walk-in shower (2022), and rain showerhead. The second bath features chic glass tilework, a rock-floor shower with five showerheads.

The second bedroom doubles as a guest suite and home office with a built-in Murphy bed and desk, while the third bedroom opens to the patio—ideal as a den, office, hobby room, or library.

Enjoy peace of mind with recent updates including a 2021 main roof (HOA responsibility), 2022 hot water heater, a 2022 dishwasher and new 2025 electrical panel.

East Lake Woodlands residents have the exclusive opportunity to join the fabulous Ardea Country Club, now showcasing an $11 million renovation. Choose from a variety of membership levels and enjoy access to two championship 18-hole golf courses, tennis and pickleball courts, a lap pool, state-of-the-art fitness center, clubhouse dining, and more—all just a golf cart ride away.

This villa is ideal for golfers, snowbirds, or anyone craving a luxurious, turn-key home in a tranquil setting, with shopping, dining, top-rated schools, nature trails, and medical facilities just minutes away. Tampa International Airport and award-winning Gulf beaches are also within easy reach.

Don’t miss this opportunity—schedule your private showing today and start living the East Lake lifestyle!

Features

  • Amenities: Fence Restrictions, Gated, Optional Additional Fees, Security
  • Rooms: 10
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Laundry Closet
  • Year Built: 1981
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,450
  • Acreage: 0.11
  • Est. Taxes: $4,631
  • HOA Fee: $430 Monthly
  • Elem. School: Forest Lakes Elementary-PN
  • Middle School: Carwise Middle-PN
  • High School: East Lake High-PN
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener
  • MLS#: TB8378445
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/TB8378445/50balsamdrive_oldsmar_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 4/27/2025 12:57:51 AM)
Listing courtesy of Keller Williams Realty- Palm H   Phone: 727-772-0772

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

50 BALSAM DRIVE, Oldsmar, FL, 34677

$374,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $299,200 $299,200 $299,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.058% 7.025% 6.132%
Monthly Tax Payment $386 $386 $386
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,891 $1,966 $2,505
Total Monthly Payment $2,352 $2,427 $2,966

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.