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$369,500
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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.
Full Property Details
Full Property Details for 297 Magnolia Acres Ct
General
- Sold For: $369,500
- HOA FEE: $200/month
- HOA FEE FREQ.: Quarterly
- Taxes: $4,496 (2025)
- Status: Closed
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: TB8505405
- Added to Site: 62 day(s) ago
Location
- Area: 33548 - Lutz
- County: Hillsborough
- Development Name: 33548 - Lutz
- Subdivision: MAGNOLIA ESTATES
- Driving 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.
Community
- Community Name: 33548 - Lutz
- Association: Yes
- Assoc. Name: Ray Rairigh
- Pet Restrictions: Please verify with HOA
Utilities
- Sewer: Septic Needed
- Water: None
- Utility Description: Electricity Available
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Lot Size (Acres): 1.09
- Lot Size (Sq. Ft.): 47,603
- Lot Size: 1.0928
- Lot Dimensions: 150 x 297
- Street/Road Desc.: Asphalt
Financial Considerations
- Price Per Acre: $338,991
- Association Fee: $600
- Assoc Fee Freq.: Quarterly
- Assoc Fee Desc.: Required
- Tax Amount: $4,496.79
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: MAGNOLIA ESTATES LOT 5
- Flood Zone Info: X
- APN: U132718C9300000000005.0
- Property ID: U132718C9300000000005.0
- Block/Lot/Section: 1
Listed by Florida Executive Realty
Sold by Palermo Real Estate Prof. Inc.
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Schools
Schools serving 297 Magnolia Acres Ct
School District:Hillsborough County School District
| Name | Grades | Distance |
|---|---|---|
Lutz K-8 School 202 5th Avenue Southeast, Lutz, FL 33549 | PK-8 | 1.2 mi |
Buchanan Middle School 1001 West Bearss Avenue, Tampa, FL 33613 | 6-8 | 3 mi |
Steinbrenner High School 5575 West Lutz Lake Fern Road, Lutz, FL 33558 | 9-12 | 4.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 297 Magnolia Acres Ct
Date
Details
Price
Change
Source
6/30/2026
Sold
$369,500
-5.01%
MLS
5/05/2026
Listed
$389,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
297 Magnolia Acres Court, Lutz, FL 33548 (MLS# TB8505405) is a Lots/Land property that was sold at $369,500 on June 30, 2026. Want to learn more about 297 Magnolia Acres Court? Do you have questions about finding other Lots/Land real estate for sale in Lutz? You can browse all Lutz real estate or contact a Coldwell Banker agent to request more information.

