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297 MAGNOLIA ACRES COURT

Lots/Land Active With Contract
$389,000

BTC: 6.17460317

ETH: 222.79495991

13 days
0 room(s)

Overview

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.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
1.09 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
$600

Valuation

Our model vs. what's actually selling nearby.
Estimate
$248,900
$154K – $329K
Confidence Low
List vs. estimate
$140K above estimate
List $389,000 · +56.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,496
2025
HOA
$600/qtr
Pets
Allowed
All facts and features
  • Lot

    • Lot: 1.09 Acres

    Other Property Information

    • Parcel Number: U132718C9300000000005.0

    • Zoning: ASC-1

  • Type and style

    • Property Type: Land

  • Utility

    • Electricity Available

  • Other financial information

    • HOA: $600

    • HOA Frequency: Quarterly

    • Annual tax amount: $4,497

  • Source details

    • MLS ID: TB8505405

    Other facts

    • Water Source: None

    • Lot Size Dimensions: 150 x 297

    • Subdivision Name: MAGNOLIA ESTATES

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: FLORIDA EXECUTIVE REALTY