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4123 HIGHLAND PARK CIRCLE, Lutz, FL, 33558

5beds
6baths
7,314sqft
$2,495,000
$341price/sqft
$18,536/moest. monthly cost
$741,440/yrincome needed

About This Home

One or more photo(s) has been virtually staged. Distinctively detailed and masterfully crafted, this exceptional Alvarez built estate showcases timeless elegance, extraordinary workmanship, and luxury finishes throughout. Situated on a premier corner lot of approximately one acre with beautiful lake views, this one of a kind custom residence offers an unmatched blend of sophistication, scale, and functionality. A dramatic two story gallery entry welcomes you with a sweeping staircase, marble flooring with decorative insets, and impressive architectural detail throughout. The gracious formal living room features a granite fireplace with custom cherry mantle, while the oversized formal dining room is ideal for entertaining on a grand scale. The gourmet kitchen is appointed with Wood Mode cabinetry, granite countertops, stainless steel appliances, and a convenient butler's pantry. The private cherry paneled study creates an elegant executive workspace, while the expansive family room offers built in entertainment features and custom ceiling treatments. Upstairs, a secondary staircase leads to generously sized bedroom suites. A rare and highly desirable feature, every bedroom in the residence is a true suite complete with its own private en suite bathroom, providing exceptional comfort, privacy, and convenience for family members and guests alike. Several suites also offer sitting areas, while additional highlights include a walk in cedar closet and a rare 230 square foot air conditioned mechanical room. The luxurious primary suite includes a private walled sunning area complete with its own outdoor shower. Additional highlights include a dedicated home office/library, oversized fitness room with wet bar that could easily serve as a media room, stunning central waterfall feature, and both garage door openers recently replaced. A new roof was installed in 2019. The expansive backyard presents an opportunity for future outdoor enhancements, including the potential for a custom swimming pool and resort style entertaining area, subject to buyer verification, permitting requirements, and applicable approvals. Please note: One or more photographs, videos, renderings, or marketing materials may include AI enhancement and/or virtual staging for illustrative purposes. Enhancements may include landscaping, lighting, furnishings, cosmetic improvements, or visualization of potential property features. Any swimming pool depicted in photographs, videos, renderings, virtual tours, or other marketing materials is a conceptual rendering only. No swimming pool currently exists on the property. Seller and listing broker make no representations or warranties regarding future improvements, construction feasibility, permitting, costs, dimensions, specifications, or suitability for any particular use. Buyers are encouraged to conduct their own independent due diligence. This is a rare opportunity to own a truly unique custom estate where quality, character, and craftsmanship are evident at every turn. A joy to show and certain to impress even the most discerning buyer

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

10/10
10/10
Martinez Middle SchoolGrades 6-81.6 mi
7/10
Steinbrenner High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1991

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Electric Water Heater,Refrigerator
  • Laundry features: Laundry Room

Bedroom2

  • Features: Walk-In Closet(s)
  • Level: First
  • Area: 272
  • Dimensions: 17x16

Bedroom3

  • Features: Walk-In Closet(s)
  • Level: Second
  • Area: 225
  • Dimensions: 15x15

Bedroom4

  • Features: Walk-In Closet(s)
  • Level: Second
  • Area: 225
  • Dimensions: 15x15

Bedroom5

  • Features: Walk-In Closet(s)
  • Level: Second
  • Area: 225
  • Dimensions: 15x15

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1

Dinette

  • Level: First
  • Area: 169
  • Dimensions: 13x13

Dining Room

  • Level: First
  • Area: 304
  • Dimensions: 19x16

Family Room

  • Level: First
  • Area: 342
  • Dimensions: 19x18

Features

  • Built-in Features,Ceiling Fan(s),Crown Molding,Eating Space In Kitchen,Primary Bedroom Main Floor,Split Bedroom,Tray Ceiling(s),Wet Bar
  • Window features: Skylight(s),Window Treatments
  • Flooring: Carpet,Marble,Hardwood
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: Corner Unit

Heating & Cooling

  • Heating features: Central,Heat Pump
  • Cooling features: Central Air,Zoned

Interior Area

  • Total structure area: 9,152
  • Total interior livable area: 7,314 sqft

Kitchen

  • Features: Breakfast Bar,Built-in Features,Pantry
  • Level: First
  • Area: 540
  • Dimensions: 30x18

Living Room

  • Level: First
  • Area: 220
  • Dimensions: 22x10

Office

  • Level: First
  • Area: 210
  • Dimensions: 15x14

Primary Bathroom

  • Features: Bidet,Dual Sinks,Other,Tub with Separate Shower Stall
  • Level: First

Primary Bedroom

  • Features: Walk-In Closet(s)
  • Level: First
  • Area: 378
  • Dimensions: 21x18

Property

Details

  • Parcel number: U0927180ID00000500008.0
  • Zoning: PD-MU
  • Special condition: None

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Irrigation System
  • Has view: Yes
  • View description: Water,Lake
  • Has water view: Yes
  • Water view: Water,Lake
  • On waterfront: Yes
  • Waterfront features: Lake Front,Lake Privileges,Seawall
  • Residential vegetation: Mature Landscaping

Lot

  • Lot size: 0.92 Acres
  • Features: In County
  • Lot size dimensions: 195 x 200

Parking

  • Total spaces: 3
  • Parking features: Garage Door Opener,Garage Faces Rear,Garage Faces Side,Oversized
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Tornado
Cold Wave
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters in Hillsborough County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $12,616$151,392
Home Insurance *$1,448$17,376
Property Taxes $3,736$44,832
Electricity $736$8,832
Total$18,536$222,432
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$635,520/yr
40% on housing$556,080/yr
45% on housing$494,293/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.1%
13.1%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.8%
4.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$341This listing

vs Other Active Listings

Avg $/sqft

ZIP 33558$227
Hillsborough County$216

vs Homes Sold Last Month

Median $/sqft

ZIP 33558$249
Hillsborough County$231

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-28Listed for sale$2,495,000
2020-12-31Sold$1,650,000
2019-01-28Listing removed$1,499,000
2018-11-01Price change$1,499,000
2018-09-19Price change$1,549,000
2018-09-11Price change$1,599,000
2018-09-01Price change$1,649,000
2018-09-01Pending sale$1,599,000
2018-08-08Listed for sale$1,599,000
2015-03-26Sold$1,300,000
2014-11-19Listed for sale$1,400,000
2003-12-17Sold$1,345,000

For Sale by Agent

AgentVincent Arcuri
BrokerageREAL BROKER, LLC

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