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.
297 MAGNOLIA ACRES COURT, Lutz, FL, 33548
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
