Welcome to 358 Lake Way in Gull-Aire Village, a desirable 55+ active golf cart community in Oldsmar where you own the land and enjoy a low $70/month HOA. This beautifully maintained 1998 Jacobson home offers 3 bedrooms, 2 bathrooms, and 1, 296 sq ft of heated living space with over $40, 000 in upgrades and improvements completed since 2023. Step inside to a bright and inviting interior featuring refinished hardwood floors throughout the living room, dining room, kitchen, and hallway, along with new carpet in the bedrooms. The home has been extensively refreshed with popcorn ceilings removed, modern orange peel wall and ceiling texture, and fresh interior paint throughout all walls and doors. Updated lighting fixtures, new electrical switches and outlets, and five remote-controlled ceiling fans enhance comfort and style. The updated kitchen offers abundant cabinetry, ample counter space, and a breakfast bar, along with new LG stainless steel appliances including a double oven range, French door refrigerator with craft ice, dishwasher, vent hood, and microwave. The countertops were refinished with spray epoxy for a fresh modern look, and six recessed can lights were added to brighten the space. The home features a split bedroom floor plan for privacy. The primary suite includes a barn door entry to the en-suite bathroom and updated lighting. Both bathrooms have been refreshed with new faucets, new toilets, fresh paint, and new exhaust fans. Additional upgrades include interior shutters, new interior door hardware, lighting added in the primary closet and laundry closet, and a rebuilt sliding glass door. Enjoy Florida living in the front porch / Florida room with acrylic windows and new exterior screening, providing a comfortable space to relax year-round. Outside you will find new landscaping with decorative granite rock and an additional custom storage shed installed behind the home. Major updates include: New roof (2025), New hot water heater (2026), New double pane windows (2023), Hardwood floors sanded and refinished (2023), and New bedroom carpet (2023). The heat pump (2013) has been professionally serviced every six months and had minimal prior use by the previous snowbird owner. Average utility costs are approximately $135/month for electric and $80/month for water. Residents of Gull-Aire Village enjoy an active community lifestyle featuring a clubhouse, heated pool and spa, shuffleboard courts, bocce ball, library, billiards, and social activities. The community is conveniently located near shopping, dining, and entertainment with grocery stores, restaurants, and retail within walking distance. Just minutes away are Countryside Mall, Publix, Walmart, and Countryside Hospital, with an easy commute to Tampa International Airport. The award-winning Gulf beaches of Honeymoon Island and Caladesi Island State Park are approximately 20 minutes away. This property qualifies for conventional and FHA financing, and the seller is offering a 1-year home warranty for the buyer. The home sits on a 50 x 80 lot with boundary markers in place.