New construction completed in 2025. Gated custom luxury estate on
over 2 acres with lake views. Located along scenic Newberger Road -
one of Lutz's most desirable corridors - and adjacent to the gated
community of Wellington Manors. This home offers rare exclusivity
just minutes from city convenience. This approximate
6,000-square-foot residence was thoughtfully designed for
multigenerational living and entertaining. The open-concept floor
plan features a grand two-story foyer with statement chandelier, a
gourmet kitchen with prep kitchen, double refrigerators, double
dishwashers and an oversized island. A first-floor in-law suite
includes a private entrance and kitchenette. Additional features
include a media room, office, game room and upstairs loft. The
primary suite is a true retreat with a private balcony overlooking
the lake, dual walk-in dressing rooms and a spa-inspired bath.
Upstairs also offers four additional bedrooms and a large loft,
perfect for homework or a secondary game space. Built for comfort
and energy efficiency, this home includes impact windows, spray
foam insulation, three energy-efficient AC units and a three-car
garage. With no renovations needed, it's move-in ready. Enjoy
privacy and space in a prime location; only 25 minutes to Tampa
International Airport and downtown Tampa. Easy access to St. Pete
and Clearwater Beach, top-rated schools, Tampa Premium Outlets,
golf courses, equestrian estates and nature preserves. Make it
yours.
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Last updated: 20 minutes ago (Stellar MLS #TB8412647)
Price History
Date / Event
Date
Event
Price
Jul 7, 2026
Price Decreased
$1,750,000
↓ $45K
(2.5%)
Price Decreased
Apr 23, 2026
Price Decreased
$1,795,000
↓ $55K
(3%)
Price Decreased
Mar 17, 2026
Price Decreased
$1,850,000
↓ $48K
(2.5%)
Price Decreased
Mar 12, 2026
Relisted
$1,898,000
Relisted
Feb 10, 2026
In contract
-
In contract
Nov 26, 2025
Relisted
$1,898,000
Relisted
Nov 22, 2025
In contract
-
In contract
Oct 30, 2025
Price Decreased
$1,898,000
↓ $52K
(2.7%)
Price Decreased
Jul 31, 2025
Listed by PREMIER SOTHEBYS INTL REALTY
$1,950,000
Listed by PREMIER SOTHEBYS INTL REALTY
Jan 2, 2021
No longer available
-
No longer available
Mar 8, 2020
Price Decreased
$179,000
↓ $20K
(10.1%)
Price Decreased
Nov 27, 2019
Price Decreased
$199,000
↓ $41K
(16.9%)
Price Decreased
Aug 21, 2019
Listed
$239,500
Listed
LOT LOANS ARE AVAILABLE (25% DOWN). 2 Acre (MOL) ESTATE LOT WITH LAKEFRONT VIEW (500 ft.) - Ready for Your CUSTOM DESIGNED OASIS! Located in the Heart of LUTZ, FL. A very desirable location known as WELLINGTON MANOR. BUILD-ABLE AREA – NO Flood Requirement. Septic & Well (which means NO Water & Sewer Bills $$$). PROVIDERS for utilities: Withlachoochee Electric, Gas (utilities will need to be installed with construction of home). EASY Access: Suncoast Parkway, I-275, US 41, I-75, Tampa International Airport, Gulf of Mexico Beaches, St. Joseph’s Hospital, USF, Wiregrass Mall & Tampa Premium Outlets & PLENTY of Golf (Cheval, Plantation Palms, TPC Tampa Bay & Pebble Creek- FORE!). Land is valuable, and land with poetic Lake & Nature Views even more so. Dream up your FAVORITE passion – then BUILD it. Do you see yourself in a workshop “tinkering” around? Or in a screened Garden that you tend and pick tonight’s salad from? Is a saltwater, beach entry pool more your style while honey grills out for the family? Or maybe you just want to keep it REAL SIMPLE and watch the birds fly, fish swim and colors change in the sky over the water at sunset? Be the KING or QUEEN of your domain. NO CDD Fee, LOW HOA ($750 Per Year). Buy a Little Piece of Florida Now! Survey on file!
Jun 20, 2019
No longer available
-
No longer available
Jan 26, 2018
Listed
$250,000
Listed
LAKEFRONT 2.0 ACRES MOL all High and Dry on beautiful Newberger Road. 450 feet street frontage for a graceful long drive to the residence. One of the last remaining lots available in Wellington Manor for your new Custom Built Home. Grandfather Oaks and Level Ground with Frontage on a Small Natural Pond to enjoy privacy as well as birds and wildlife. The property is part of Wellington Manor although not behind the community gates. Property can be fenced and gated with HOA approval. Other adjacent neighbors along the north border of Newberger between Prince Benjamin and Wellington Manor Blvd are also part of the association. Sellers have House Plans available upon request from Serious Buyers. Newberger Road has all the benefits of quiet country living & is central to everything! LOW HOA and NO CDD.
Parking Features: Circular Driveway, Garage Faces Side
Garage Spaces: 3
Interior Details
Full Bathrooms: 5
Interior Features: Ceiling Fan(s), Open Floorplan, Stone Counters, Walk-In Closet(s), Eating Space In Kitchen, Kitchen/Family Room Combo, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Thermostat
Appliances: Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Exhaust Fan, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Water Purifier, Water Softener
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from realtor.com and others about your inquiry and other home-related matters, but not as a condition of purchase (More...)California Privacy Notice
By submitting your information, you agree RealtyHop can share your information with its network of real estate &
mortgage professionals (or through their agents) and consent to receive marketing emails, calls, & texts related
to your inquiry (including via automatic telephone dialing system, or artificial or pre-recorded voice technology)
from Movoto or their affiliates to the email address or number you provided.
By proceeding, you agree to our Terms of Service. California Privacy Notice
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017