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Active - House for sale

820 NEWBERGER ROAD, Lutz, FL

3 bds|2 bth|3,441 sqft

Facts & features

House Property type
214 days on Beycome
1979 Year built
$1,104 Price/Sqft.
2 car garage Parking
294,465 sqft Lot size

Why you’ll love it

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.

Translating description...

Listings courtesy of REAL BROKER, LLC as distributed by MLS GRID.

Listed by: Angelina Arcuri • arcuri1018@gmail.com • REAL BROKER, LLC

Co-listed by: Vincent Arcuri • REAL BROKER, LLC

Source: Stellar MLS as distributed by MLS GRID, MLS#: TB8497037 Stellar MLS as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 12:33 PM EST.

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Affordability

$2,470,000$5,130,000
1%20%
0%90%
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Estimated monthly payment

$19,742/mo

  • Mortgage$19,215
  • Property tax$528
  • HOA fee
  • Homeowners insurance
Due at closing$3,021,000
Down payment held in escrow$760,000
Closing costs$57,000
beycome credit Est.$76,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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$76,000 Credit back

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Travel times

About Unplatted

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 13, 2026 at 12:33pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$3,800,000 Listed price

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$76,000 Credit back

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