820 NEWBERGER ROAD, Lutz, FL 33549

• 3 beds |
• 2 baths |
• 3,441 sqft

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.

Listing Status:

Active

Date Added:

April 14, 2026

Data Last Updated:

May 1, 2026 at 7:21AM

Listing Office:

REAL BROKER, LLC : 855-450-0442

Listing Agent:

Angelina Arcuri : 813-900-8431

MLS ID:

TB8497037

Interior

• General: Other
• Appliances: Built-In OvenCooktopOtherRangeRefrigerator
• Laundry: Other
• Flooring: OtherTile
• A/C: Central Air
• Heating: CentralNatural Gas
• Fireplace: Living RoomFireplace

Exterior

• General: OtherPrivate EntrancePrivate MailboxPrivate Yard
• Pool: In Ground

Construction

• Roofing: Shingle
• General: BlockOneSlab

Location

• Road/Access: Asphalt
• Originating MLS: Stellar MLS
• County: Hillsborough

Lot

• Zoning: ASC-1COM AT THE SE COR OF SW 1/4 OF SE 1/4 OF NE 1/4 THN RUN N 88 DEG 40 MIN 07 SEC W 392.75 FT TO POB THN N 88 DEG 40 MIN 07 SEC W TO WATERS EDGE BEING POINT A THN BEG AT POB RUN N 02 DEG 07 MIN 08 SEC E 357 FT MOL TO POINT ON WATERS EDGE THN RUN SWLY AL ONG WATERS EDGE TO POINT A AND PARCEL DESC AS: SW 1/4 OF SE 1/4 OF NE 1/4 LESS BEG AT SE COR OF SW 1/4 OF SE 1/4 OF NE 1/4 THN N 666. 05 FT THN N 88 DEG 58 MIN W 270 FT S 13 DEG 03 MIN 03 SEC W 300.34 FT S 10 DEG 02 MIN 37 SEC E 248.94 FT S 86 DEG43 MIN 03 SEC E 274.6 FT S 01 DEG 22 MIN 55 SEC W 69.17 FT S 01 DEG 19 MIN 81 SEC W 73.61 FT POB AND N 1/2 OF W 1/2 OF NE 1/4 OF SE 1/4 LESS N 228 FT OF WEST 153 FT THEREOF AND LESS RD R/W LESS THAT PART THAT LIES WITHIN THE FOLLOWING DESC PARCELU-01-27-18-ZZZ-000000-46030.0

Utilities

• Utilities: Other
• Water: Well
• Sewer: Septic Tank

Financial

• Source: Stellar MLS
• Ownership: Fee Simple