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Property for sale at 8510 KENTUCKY DERBY DRIVE, ODESSA, FL, 33556
Property for sale at 8510 KENTUCKY DERBY DRIVE, ODESSA, FL, 33556
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8510 Kentucky Derby DriveOdessa, FL, 33556

4beds
4baths
4,962sqft
Single Family Residence
Built in 2005
$295 Monthly HOA Fee
$1,625,000
For sale
Price per sqft
$327
Days on market
1
Listed
Nov 10
MLS #TB8566214Updated Nov 11, 2026

About this property

Virtually Staged. One or more photo(s) was virtually staged. Some of the most valuable features of a home are the ones that cannot be replicated. Tucked away in the hidden, gated enclave of Keystone Shores, this nearly 5,000-square-foot custom single-story estate offers what cannot simply be built or bought new: remarkable privacy, mature oak canopies, and a deeply serene pond backdrop. Outdoor living here is a natural extension of the home. A massive 620-square-foot screened lanai, complete with a summer kitchen, pool, and spa, creates a welcoming setting for everything from relaxed weekend afternoons to lively gatherings—offering the freedom to entertain and unwind in your own private backyard retreat. Beyond the enclosure, the premium lot of about 0.55 acres opens to mature trees and peaceful water views. Imagine setting up a lounge chair under the shade of the oaks, enjoying a cup of tea, and listening to music as the breeze rolls in—a private landscape that naturally invites you to slow down and enjoy the surroundings, far removed from the noise of the city. Inside, the residence boasts impeccable architectural bones with soaring 14-foot ceilings and a thoughtfully arranged split-bedroom layout, allowing you to wake up and step straight from the primary suite to the poolside lanai. It effortlessly balances grand formal entertaining spaces with a cozy, sunlit family room adjacent to the kitchen. Crucially, the home’s core mechanics have been heavily updated for your peace of mind, including newer dual HVAC systems (2022/2023), twin water heaters (2023), and a modern water softener (2023). Adding to the everyday practicality, a rare dual-wing split garage design makes coming and going easier, without the hassle of constantly rearranging parked cars. The heart of the home features rich, custom solid cherry woodwork and a chef-grade kitchen outfitted with professional Sub-Zero and Wolf appliances. Whether you appreciate the traditional charm and distinctly defined spaces of this classic craftsmanship, or you are seeking the perfect foundational canvas to reimagine the interiors with a sleek contemporary vision, this estate accommodates both beautifully. Beyond your private grounds, take an evening stroll down the short, scenic path to the community's private lakeside gazebo and dock. Watching the water lilies bloom on the tranquil lake at dusk, you'll realize this is more than just a house. Offering an irreplaceable natural setting in the heart of the Keystone lake country, this is a generational sanctuary designed for those who know exactly how they want to live.

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Property details

Property type
Single Family Residence
Street address
8510 Kentucky Derby Drive
City
Odessa
State
FL
ZIP code
33556
Year built
2005
New construction
No
Faces
Northeast
Rooms
6
Building stories
1
Living area
4,962 sqft
Total building area
6,713 sqft
Levels
One

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at November 11, 2026 at 1:47 PM EST

Price & sale history

EventPrice
Listed for saleMLS #TB8566214$1,625,000
SoldMLS #W7831302$1,500,000
Price reducedMLS #W7831302$1,492,500Change: −17.1%−$307,500
Listed for saleMLS #W7831302$1,800,000
History may be incomplete.
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Property for sale at 8510 KENTUCKY DERBY DRIVE, ODESSA, FL, 33556
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