297 Magnolia Acres Court, Lutz, FL 33548

$369,500

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Sold Price
$369,500
List Price
$389,000
Status
Sold
Days on Market
13
Closing Date
Jun 30, 2026
MLS#
TB8505405
Lot Size
47,603
Acres
1.09
Total Acreage
1 to less than 2
Legal Subdivision Name
Magnolia Estates
MLS Area Major
Lutz

Property Description

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.

Additional Information

Taxes
$4496
Hoa Fee
$600
HOA Payment Schedule
Quarterly
Community Features
No Deed Restriction
Zoning
ASC-1
Utilities
Electricity Available
Pool
No Pool
Pets
Allowed
Flood Zone Code
X
Parcel ID
U-13-27-18-C93-000000-00005.0
Legal Description
MAGNOLIA ESTATES LOT 5

Listing courtesy of FLORIDA EXECUTIVE REALTY. 813-324-2440

Selling Office: PALERMO REAL ESTATE PROF. INC..

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