820 Newberger Road, Lutz, FL 33549
- $3,800,000
- 3
- BD
- 2
- BA
- 3,441
- SqFt
- List Price
- $3,800,000
- Days on Market
- 113
- MLS#
- TB8497037
- Bedrooms
- 3
- Full Bathrooms
- 2
- Sq. Ft
- 3,441
- Lot Size
- 294,465
- Subtype
- Single Family
- County
- Hillsborough
- Community
- No Deed Restriction
- Subdivision
- Unplatted
- Year Built
- 1979
Property Description
Positioned along the shores of Lake Kell in Lutz, this is a rare opportunity to control a meaningful stretch of private waterfront in one of the Tampa Bay area’s most supply-constrained segments. The property has been evaluated for its ability to accommodate up to ten luxury residences, including multiple directly on the water. Delivering this level of density on a private lake with no public access is increasingly rare, creating a high-demand product with limited direct competition. Preliminary layouts and planning concepts are already in place, providing a clear path forward for a builder or developer ready to execute. The site offers flexibility to phase construction, build and sell, or develop a cohesive waterfront enclave with strong market positioning and pricing power. Lake Kell’s private nature, minimal boat traffic, and calm waters support the lifestyle today’s luxury buyers are actively seeking. This is a controlled, low-density waterfront setting that enhances long-term value and buyer appeal. The existing 3-bedroom, 2-bath pool home, approximately 2,376 square feet, provides immediate on-site utility. It can serve as a development office, model center, or operational hub during construction, reducing overhead and improving efficiency. Alternatively, it can be retained as a guest residence within a larger end-user compound. For builders focused on delivering differentiated product with strong absorption potential, this site checks all the boxes. True waterfront exposure, scalable density, and the ability to create multiple premium homesites within a private lake setting. Opportunities of this scale, with this level of flexibility and upside, are increasingly difficult to assemble. This is a chance to step in, control the waterfront, and bring a high-demand luxury product to market.
Additional Information
- City
- Lutz
- Region
- Lutz
- Zip
- 33549
- Mo Subdivision
- Lutz
- Neighborhood
- Lutz
- Subdivision
- Unplatted
- Area
- 3441
- Water Frontage
- Lake Front
- Community Extras
- No Deed Restriction
- Garage Spaces
- 2
- Property Description
- One Story
- Exterior Construction
- Block
- Frontage
- Lake Privileges
- Pool Type
- Private
- Water Extras
- Skiing Allowed
- Water Access
- Lake - Chain of Lakes
- Water View
- Yes
- Water View
- Lake - Chain of Lakes
- Property Style
- Single Family
- Total Acreage
- 5 to less than 10
- Water Frontage
- Yes
- Special Sale Provision
- None
- Garage Description
- 2 Car Garage
- Water Extras
- Yes
- Minimum Lease
- No Minimum
- Interior Features
- Other
- Interior Layout
- Other
- Water Frontage
- Lake Privileges
- Water Front Description
- Lake Privileges
- Flood Zone
- X*
- Water Access
- Yes
- Heated Square Feet
- 3441
- Acres
- 6.76
- Stories
- 1
- Exterior Features
- Other, Private Entrance, Private Mailbox, Private Yard
- Private Pool
- Yes
- Waterfront
- Yes
- Floor Covering
- Other, Tile
- Water Features
- Lake - Chain of Lakes, Skiing Allowed, Lake Privileges
- Pp Sqft
- 1104.33
- Levels
- One
- Occupant Type
- Owner
- Subtype
- Single Family
- Roof
- Shingle
- Property Subtype
- Residential
- Pool
- Yes
- Sewer
- Septic Tank
- Water Source
- Well
- Furnished
- Unfurnished
Listing courtesy of REAL BROKER, LLC. 855-450-0442
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