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.
For sale
$3,800,000
820 Newberger Rd, Lutz, FL 33549
3beds
3,441sqft
Est.:
Single Family Residence
Built in 1979
6.76 Acres Lot
$3,497,500 Zestimate®
$1,104/sqft
$-- HOA
What's special
Private waterfrontTrue waterfront exposureCalm watersMinimal boat traffic
- 40 days |
- 423 |
- 17 |
Zillow last checked:
Listing updated:
Listing Provided by:
Angelina Arcuri 813-900-8431,
REAL BROKER, LLC 855-450-0442,
Vincent Arcuri 813-846-2368,
REAL BROKER, LLC
Source: Stellar MLS,MLS#: TB8497037
Originating MLS: Orlando Regional
Originating MLS: Orlando Regional
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 204 Square Feet
- Dimensions: 12x17
Bedroom 2
- Features: Built-in Closet
- Level: First
- Area: 143 Square Feet
- Dimensions: 11x13
Bedroom 3
- Features: Built-in Closet
- Level: First
- Area: 132 Square Feet
- Dimensions: 11x12
Dining room
- Level: First
- Area: 144 Square Feet
- Dimensions: 12x12
Family room
- Level: First
- Area: 280 Square Feet
- Dimensions: 20x14
Kitchen
- Level: First
- Area: 168 Square Feet
- Dimensions: 21x8
Living room
- Level: First
- Area: 288 Square Feet
- Dimensions: 16x18
Heating
- Central, Natural Gas
Cooling
- Central Air
Appliances
- Included: Oven, Cooktop, Other, Range, Refrigerator
- Laundry: Other
Features
- Other
- Flooring: Other, Tile
- Has fireplace: Yes
- Fireplace features: Living Room
Interior area
- Total structure area: 3,441
- Total interior livable area: 3,441 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Exterior features: Other, Private Entrance, Private Mailbox, Private Yard
- Has private pool: Yes
- Pool features: In Ground
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake - Chain of Lakes, Lake Privileges, Skiing Allowed
Lot
- Size: 6.76 Acres
- Dimensions: 90 x 120
Details
- Parcel number: U012718ZZZ00000046030.0
- Zoning: ASC-1
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1979
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Other
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: UNPLATTED
HOA
- Has HOA: No
Location
- Region: Lutz
Financial & listing details
- Price per square foot: $1,104/sqft
- Tax assessed value: $1,233,581
- Annual tax amount: $6,330
- Date on market: 4/14/2026
- Cumulative days on market: 41 days
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Asphalt
Estimated market value
$3,497,500
$3.32M - $3.67M
$3,945/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/14/2026 | Listed for sale | $3,800,000-9.5%$1,104/sqft |
Source:  Stellar MLS #TB8497037 Report a problem | ||
| 1/1/2026 | Listing removed | $4,200,000$1,221/sqft |
Source: Stellar MLS #TB8396712 Report a problem | ||
| 6/14/2025 | Listed for sale | $4,200,000+2609.7%$1,221/sqft |
Source: Stellar MLS #TB8396712 Report a problem | ||
| 8/6/1997 | Sold | $155,000$45/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,828 +3.5% | $350,837 +2.9% |
| 2023 | $5,630 +3.9% | $340,824 +2.8% |
| 2022 | $5,416 +3.3% | $331,396 +5.2% |
| 2021 | $5,242 +2.6% | $314,913 +1.4% |
| 2020 | $5,110 +2.6% | $310,569 +2.3% |
| 2019 | $4,979 | $303,593 +1.9% |
| 2018 | $4,979 +0.5% | $297,938 -7.1% |
| 2017 | $4,956 +1.2% | $320,568 +9% |
| 2016 | $4,899 -3.1% | $294,038 +1.2% |
| 2015 | $5,059 -0.3% | $290,585 +0.3% |
| 2014 | $5,072 -0.4% | $289,746 +1.8% |
| 2013 | $5,090 +0.3% | $284,544 +1.5% |
| 2012 | $5,075 +107.5% | $280,475 +86.8% |
| 2011 | $2,445 +2.7% | $150,138 +1.5% |
| 2010 | $2,380 +3.1% | $147,986 +2.7% |
| 2009 | $2,309 +0% | $144,122 0% |
| 2008 | $2,308 -7.2% | $144,140 +3.2% |
| 2007 | $2,488 -0.1% | $139,681 +7.7% |
| 2006 | $2,490 +0.2% | $129,637 +2.9% |
| 2005 | $2,486 | $126,019 +3% |
| 2004 | -- | $122,403 +1.8% |
| 2003 | -- | $120,273 +2.3% |
| 2002 | -- | $117,533 +1.8% |
| 2001 | -- | $115,406 -22.1% |
| 2000 | $2,274 | $148,089 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 33549
Nearby schools
GreatSchools rating
- 9/10Lutz K-8 SchoolGrades: PK-8Distance: 1.2 mi
- 2/10Freedom High SchoolGrades: 9-12Distance: 4.9 mi
- 8/10Liberty Middle SchoolGrades: 6-8Distance: 4.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Hillsborough County
- Lutz
- 33549
- 820 Newberger Rd
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Nearby neighborhoods
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