About 820 Newberger Road
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.
Features of 820 Newberger Road
| MLS® # | TB8497037 |
|---|---|
| Price | $3,800,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 3,441 |
| Acres | 6.76 |
| Year Built | 1979 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Listing Details
| Office | REAL BROKER, LLC |
|---|
Listing Map
Neighborhood Information for 820 Newberger Road
Moderate Residential Turnover, Suburb of Tampa
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Kids' Stuff Preschool & Day Care Private - Preschool to Kindergarten |
1 Miles | |
|
|
Center Academy-Lutz Private - 4Th Grade to 12Th Grade |
1 Miles | |
|
Lutz Elementary School Public - Preschool to 5Th Grade - Closest Elementry School |
1 Miles | |
|
|
Tampa Christian Community School Private - Preschool to 12Th Grade - Closest Middle School |
2 Miles | |
|
|
Lutz Learning Center Private - to |
2 Miles | |
|
|
The Reading Corner Private - Preschool to Preschool |
2 Miles | |
|
|
Florida Freedom Academy Private - to |
2 Miles |
School data provided by GreatSchools