Property Description
Under contract-accepting backup offers. Tucked quietly at the back of the gated, deed-restricted Magnolia Estates community in Lutz, this 1+ acre estate homesite offers a rare blend of privacy, space, and opportunity within an intimate enclave of just 11 luxury custom homesites. Positioned at the end of the cul-de-sac with minimal through traffic, the setting creates a peaceful, private backdrop ideal for a custom-built residence. The property is high and dry, maximizing usability and design flexibility, and the seller has completed 2025 geophysical studies, offering valuable insight for a more streamlined building process. Build-ready and bring your own builder or explore the option of working with a builder already familiar with the community. Surrounded by established luxury custom homes, with recent sales in the $1M+ range.
Property Features
Property Type: Land - Residential
Lot Size: 1.09 Acres
Taxes: $4,496
Feature Descriptions
Days on Site: 14
Directions: From US 41 north to Crystal Lake Rd., make left on Crystal Lake then immediately left on Frontage Rd., Magnolia Estates is on the right.
Flood Zone Code: X
HOA Fee: 600/ Quarterly
HOA Y/N: Yes
Home Warranty Y/N: No
Lot Dimensions: 1.09
Ownership: Fee Simple
Pets Allowed: Yes
Pets Restrictions: Please verify with HOA
Property Attached Y/N: No
Sewer: Septic Needed
Showing Instructions: ShowingTime
Special Sale Provisions: None
Utilities: Electricity Available
Water: None
Water Access Y/N: No
Zoning: ASC-1
Listed By / Shown By
Listed By
Agency Name: FLORIDA EXECUTIVE REALTY
Agency Contact: 813-324-2440
Shown By
Agent Name: Andy Associate
Agent Phone: (904) 555-5555
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 2,418.43 per month $1,930.30 Principal & Interest $374.67 Property Tax $113.46 Homeowner's InsuranceChange Payment Information
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297 Magnolia Acres Court | MLS# TB8505405
This land located at 297 Magnolia Acres Court, Lutz, FL 33548 is currently listed for sale with an asking price of $389,000. The property has approximately 1.09 Acres. Search Lutz real estate on aassociate.watsonrealtycorp.com today.