BEDS3
BATHS2 full
SQUARE FEET3,441
MLS#TB8497037
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONUNPLATTED
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.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air
Garage: 2 car attached
Heating: Central, Natural Gas
Lot Size: 6.76 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $6,330
Year Built: 1979
Amenities
Other
Other
Private Entrance
Private Mailbox
Private Yard
Feature Descriptions
Appliances: Built-In Oven, Cooktop, Other, Range, Refrigerator
Days on Site: 3
Directions: Starting N on Veterans Expressway, Exit 13, Left on N Dale Mabry, Right on County Line Rd, Right on 41 South, Left on Newberger Rd, Turn left and you've arrived to 820 Newberger Rd!
Exterior: Block
Fireplace: Living Room
Fireplace Y/N: Yes
Flood Zone Code: X*
Flooring: Other, Tile
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 6.76
Other Equipment: Private Entrance, Private Yard
Ownership: Fee Simple
Pool: In Ground
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Septic Tank
Showing Instructions: 24 Hour Notice
Special Sale Provisions: None
Special View Info: Water
Swimming Pool: Yes
Utilities: Other
Water: Well
Water Access: Lake - Chain of Lakes
Water Access Y/N: Yes
Waterfront Features: Lake Privileges, Skiing Allowed
Water View: Lake - Chain of Lakes
Zoning: ASC-1
Room Sizes
Family Room: 20x14
Primary Bedroom: 12x17
Dining Room: 12x12
Bedroom 2: 11x13
Bedroom 3: 11x12
Living Room: 16x18
Kitchen: 21x8
Listed By / Shown By
Listed By
Agency Name: REAL BROKER, LLC
Agency Contact: 855-450-0442
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 10,092.99 per month $8,457.15 Principal & Interest $527.50 Property Tax $1,108.33 Homeowner's InsuranceChange Payment Information
820 Newberger Road | MLS# TB8497037
This single family home located at 820 Newberger Road, Lutz, FL 33549 is currently listed for sale with an asking price of $3,800,000. This property was built in 1979 and has 3 bedrooms and 2 full baths with 3441 sq. ft. Newberger Road is located in the UNPLATTED subdivision. Search UNPLATTED real estate on www.realtymarkllc.com today.