The Oaks Estate, an 87-acre lakefront compound outside Tampa with its own go-kart track and a 22-car auto gallery, just hit the market for $115 million. Which, for Florida in 2026, somehow doesn’t even sound shocking anymore. Expensive, yes. Excessive, definitely. Still, the state’s luxury market has drifted so far into the stratosphere lately that a nine-figure mansion complete with helicopter access now enters the conversation almost casually.
The property belongs to Steven Lempera, the Illinois-based investor and former oil executive who sold a Miami waterfront mansion to The Weeknd last year for $50 million. Lempera bought this property in 2021 for $16.7 million, back when Florida’s luxury market still had moments of hesitation. Those moments seem to have disappeared completely nowadays.
The lavish estate carries a certain kind of old-school collector pedigree, too. It was originally developed by Don Wallace, founder of Lazydays RV, who designed the property around a serious car collection that once included a Ferrari 250LM and a McLaren F1 LM. Both later sold for extraordinary prices at auction, which somehow makes the massive auto gallery here feel less extravagant and more historically consistent.
The house itself is inspired by French Normandy architecture, with steep rooflines, limestone details, and the sort of scale that almost doesn’t register until you see the numbers. The main residence spreads over more than 36,000 square feet across four floors, with six bedrooms, 12 bathrooms, and.. 14 powder rooms. At a certain level of wealth, powder rooms start multiplying with the number of figures from your bank account.
The estate sits behind a massive 36-acres stone-walled perimeter, while another 51 protected acres shield the property from future development. Privacy has become one of Florida’s most valuable commodities recently, especially as waterfront neighborhoods continue filling up with larger and larger homes stacked almost on top of each other. Here, there’s actual distance. Silence, probably.
And yes, the property accommodates both helicopters and seaplanes. Which sounds wildly theatrical until you remember how many ultra-wealthy buyers now move around Florida. Tampa for a night, Palm Beach for dinner, Miami the next morning. The state increasingly operates like one long private corridor for people who prefer avoiding airports entirely.
Inside the main villa, there’s grand salon that opens directly toward the lake through 12-foot mahogany French doors. You have arched ceilings and limestone floors that give the room the kind of formality which feels increasingly rare in newer luxury homes.
A gentleman’s lounge with a bar and wine storage sits near the private cinema, while a beamed family room faces the water. The kitchen centers around a La Cornue Château range alongside slabs of Azul Imperiale quartzite, plus a full catering kitchen hidden behind the main space. Large estates always reveal themselves in the back-of-house details. That’s usually where the fantasy either holds together or quietly falls apart.
The primary suite occupies its own private wing with dual bathrooms, custom dressing rooms, and sitting areas facing the lake. Even the phrasing “primary suite” starts to feel insufficient once a bedroom expands into something closer to a private residence inside the residence.
Amenities continue well beyond the main living spaces. There’s also a 72-foot saltwater pool, an indoor aquatic facility, a spa and wellness center, a fitness complex, and you even get your own bowling alley and an entire entertainment level designed for large-scale hosting.
Outside, a mile-long jogging trail loops through the property alongside equestrian facilities that include a five-acre riding arena, paddocks, a six-stall barn, and a horse walker.
The estate’s automotive component remains the defining feature, though. Along with the go-kart track, the auto gallery includes paint and mechanical facilities, a studio apartment, office, and boardroom. Wallace clearly understood the difference between a luxury garage and a functioning collector space. Most people build garages to display cars. This feels built for people who actually spend time around them.
A separate two-bedroom guest or staff residence sits elsewhere on the grounds, along with a two-story boathouse topped by a rooftop terrace overlooking the lake.
Eddy Martinez and Roland Ortiz of The R/E Team at ONE Sotheby’s International Realty hold the listing, which currently stands as the most expensive residential property publicly listed in the Tampa area.
