For Sale

Listed by Angelina Arcuri and Vincent Arcuri

Source: Stellar MLS #TB8497037

820 Newberger Rd, Lutz, FL, 33549

$3,800,000

3
2
2
3441 sq. ft.
294465 sq. ft.

SingleFam

30+ days on the market

What's around 820 Newberger Rd

About this property

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.

Looking for more information on 820 Newberger Rd?

Explore comparables, sales history and growth for this property.
Learn more

Contact

Similar properties for sale nearby

For Sale
$360,000
17635 Meadowbridge Drive
Lutz FL 33549
3
2
2
Single-Family
Listing courtesy of CARTWRIGHT REALTY
For Sale
$395,000
17628 Whistling Lane
Lutz FL 33549
3
2
2
Single-Family
Listing courtesy of THE BOUTIQUE REAL ESTATE GROUP
For Sale
$553,900
2402 Prairie Place
Lutz FL 33549
3
3
1
Single-Family

Other properties for sale by REAL BROKER, LLC

For Sale
$399,000
557 Lake Bluff Avenue
Oak Point TX 75068
4
2
2
Single-Family
Listing courtesy of REAL BROKER, LLC
For Sale
$925,000
5525 Winton Street
Dallas TX 75206
3
3
2
Single-Family
Listing courtesy of REAL BROKER, LLC
For Sale
$389,000
6706 Saddle Ridge Road
Arlington TX 76016
4
2
2
Single-Family
Listing courtesy of REAL BROKER, LLC

Browse properties sold in nearby areas

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

© 2026 RateMyAgent