Active$2,900,000
19402 JACOBS RIVER RUN
LUTZ, FL 33559
8 beds8 baths8,650 sqft
1 / 40
Active · Single Family
820 NEWBERGER ROAD
LUTZ, FL 33549
Beds
3 beds
Baths
2 baths
Area
3,441 sqft
Single FamilyBuilt 1979294,465 sqft lot2-car garageCentral, Natural GasCentral AirPoolFireplace$1104/sqft125 days on market
About this home
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.
Facts & features
Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 3,441 sqft
- Heating
- Central, Natural Gas
- Cooling
- Central Air
- Flooring
- Other, Tile
- Fireplace
- Yes
- Stories
- 1
- Features
- Other
- Appliances
- Built-In Oven, Cooktop, Other, Range, Refrigerator
Exterior & lot
- Lot size
- 294,465 sqft (6.76 ac)
- Pool
- Yes
- Waterfront
- Yes
- Roof
- Shingle
- Construction
- Block
- Exterior
- Other, Private Entrance, Private Mailbox, Private Yard
Parking
- Garage
- 2 spaces
Financial
- Annual tax
- $6,331 (2025)
- Price / sqft
- $1104/sqft
Utilities
- Water
- Well
- Sewer
- Septic Tank
- Utilities
- Other
Property
- Property type
- Single Family
- Year built
- 1979
- Subdivision
- UNPLATTED
- County
- Hillsborough
Listing
- Status
- Active
- Days on market
- 52 days
- MLS #
- MFR787474254
- Source
- Stellar MLS
Listed by Angelina Arcuri · REAL BROKER, LLC
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
$4.00M
+5.4% vs asking
$3.78M low$4.23M high
Based on 29 comparable sales within 2 miles of LUTZ, FL, this home is priced under RENA ValiQ.
Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.
Estimate your monthly cost
PITI + HOAEstimated monthly payment$19,743/mo
- Principal & interest
- $19,215/mo
- Property tax
- $528/mo
- Home insurance
- $0/mo
Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own bill; insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Apr 14, 2026 | Listed | $3,800,000 | — |
NeighbourhoodSample data
Reference scores for LUTZ, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.
Walk Score
63/ 100
Somewhat walkable
Transit Score
25/ 100
Some transit
Bike Score
49/ 100
Somewhat bikeable
Elementary school
Not listed
Not named in the MLS record for this home
Middle school
Not listed
Not named in the MLS record for this home
High school
Not listed
Not named in the MLS record for this home
Location
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