Lake Kell Waterfront Development
For Sale
$3,800,000
820 NEWBERGER Rd, Lutz, FL 33549
Rare opportunity to develop luxury residences on private waterfront.
Property Size2,376 SF
Price / SF$1,599
Days on Market128
Property Features for 820 NEWBERGER Rd
General Information
Standard status
Active
Size
2,376 SF
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$6,331
Listing Agency:
Real Broker, LLC.
(813) 900-8431
Listed By:
Angelina Arcuri · License #579720
(813) 900-8431
Source:
Elliman
Added: Apr 4
Changed: Aug 8
Last Checked: Jul 16 at 5:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker, LLC.
Investment Insights
Based on property information with market context.
This property, positioned along the shores of Lake Kell in Lutz, presents a rare opportunity to control a significant stretch of private waterfront. Evaluated for its ability to accommodate up to ten luxury residences, including multiple directly on the water, this site offers a high-demand product with limited direct competition. Preliminary layouts and planning concepts are in place, providing a clear path forward for a builder or developer. The site allows for phased construction, build and sell options, or the development of a cohesive waterfront enclave. Lake Kell’s private nature, minimal boat traffic, and calm waters enhance long-term value and buyer appeal. The property includes an existing 2,376 square feet pool home with 3 bedrooms and 2 baths, which can serve as a development office, model center, or operational hub during construction, or be retained as a guest residence. This site offers true waterfront exposure, scalable density, and the ability to create multiple premium homesites within a private lake setting, making it suitable for builders focused on delivering differentiated product. The bike score is 42, indicating it is somewhat bikeable, and the walk score is 24, indicating car-dependent accessibility.
Key Highlights
- Rare opportunity to control a significant stretch of private waterfront on Lake Kell, a private lake with no public access.
- Evaluated to accommodate up to ten luxury residences, including multiple directly on the water, offering scalable density.
- Preliminary layouts and planning concepts are in place, providing a clear path forward for development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
118
Businesses Nearby
Explore this area
Business Placement
Demographics for 33549, FL
17,816
Population
7,586
Households
2.3
Avg Household Size
44
Median Age
40%
College-Educated
93%
High-School Grad
12.2 sq mi
ZIP Area
1,460
Density / Sq Mi
$85,066
Median Household Income
$53,991
Median Earnings
$1,582
Median Rent
$339,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Rare opportunity to develop luxury residences on private waterfront.
Where is this residential land & home lot located?
The property is located at 820 NEWBERGER Rd Lutz, FL.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: Rare opportunity to control a significant stretch of private waterfront on Lake Kell, a private lake with no public access.; Evaluated to accommodate up to ten luxury residences, including multiple directly on the water, offering scalable density.; Preliminary layouts and planning concepts are in place, providing a clear path forward for development.
