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Florida's The Oaks Estate Lists for Record $115 Million

market-auction · 2026-04-30

Steven Lempera, an Illinois real estate investor, has listed The Oaks Estate for a whopping $115 million, a massive jump from the $16.7 million he paid for it in 2021. This stunning 90-acre property by a lake near Tampa, Florida, is now the most expensive residential listing in the area. The estate was originally developed by Don Wallace of Lazydays RV and features a 36,000-square-foot main house inspired by French Normandy. It includes six bedrooms, 12 full bathrooms, and 14 powder rooms, plus a grand salon, a gentleman's lounge, a private cinema, and a top-notch family kitchen. There’s also a 72-foot saltwater pool, a spa, a bowling alley, and equestrian facilities, all behind a secure stone wall. Lempera previously sold a Miami property to The Weeknd for $50 million, using a similar strategy.

Key facts

  • The Oaks Estate is listed for $115 million, nearly seven times the $16.7 million purchase price in 2021.
  • The property spans 87 acres with an additional 51-acre protected parcel.
  • Developed by RV mogul Don Wallace, founder of Lazydays RV.
  • Main residence is 36,000 square feet with six bedrooms, 12 full bathrooms, and 14 powder rooms.
  • Includes a go-kart track, 22-car auto gallery, equestrian facilities, and a 72-foot saltwater pool.
  • Estate is accessible by helicopter and seaplane.
  • Steven Lempera previously sold a Miami estate to The Weeknd for $50 million.
  • Listing agent is ONE Sotheby's International Realty.

Entities

Institutions

  • Lazydays RV
  • ONE Sotheby's International Realty
  • Robb Report

Locations

  • Tampa
  • Florida
  • Miami
  • Orlando
  • Illinois

Sources