Rara investor opportunity priced $200k below market. Located in the exclusive, gated community of Kensington in Tampa Palms and built by Schmidt Brothers Executive Homes, this is a great opportunity to create something truly special. Set on a picturesque pond homesite with a beautifully illuminated fountain, the backdrop is serene by day and stunning at night. Inside, the home features 4 bedrooms, 3 full bathrooms, and soaring 12-foot ceilings that create an open feel throughout. The family room is anchored by a fireplace, flanked by large windows on either side that frame the water views and bring the outdoors in. This residence reflects the quality craftsmanship expected in a custom-built community, while offering the perfect canvas for renovation and personalization. Please note+++++The home will require updates including a new roof, pool resurfacing, interior and exterior paint, and a new A/C system, making this an ideal opportunity for cash buyers, investors, or end users looking to renovate in a premier gated neighborhood. Homes in Kensington are rarely available, especially those with water views and custom construction. With vision and improvements, this property has the potential to be exceptional. Cash offers only. Home is being sold as-is