Lucaya Lake Club market snapshot (as of June 25, 2026): the median sale price is about $482K ($202 per sq ft), with homes averaging 48 days on market and 3.9 months of supply, a balanced market. Based on 49 recent closings in live Stellar MLS data.
Lucaya Lake Club is a master-planned community in Riverview, in the 33579 ZIP in southern Hillsborough County, built around a 78-acre freshwater lake. It mixes single-family homes and townhomes, planned for roughly 800 single-family homes and 100 townhomes, and its defining feature is the boatable lake, with resident boating allowed within posted size and speed limits, along with kayaks and canoes.
Because the community mixes single-family homes and townhomes across sections, the read changes by product. The townhomes offer a lower-maintenance entry, while the single-family sections range in size, and lakefront and water-view lots carry a premium. Most purchases are resale of homes from the community's build-out, so condition and the specific lot drive value within a section. Read the home's condition and updates honestly before you judge a list price.
The community is served by a Community Development District, the Spring Lake CDD, which manages the lake, ponds, stormwater, common-area landscaping, and other infrastructure, so expect a CDD assessment on the annual tax bill in addition to a homeowners association fee. Confirm the exact CDD amount, the HOA dues, and what each covers for the specific home.
The location is the durable asset and the chief trade-off at once. South Hillsborough offers relative value and a deep amenity base, with US-301 and I-75 for the regional commute, balanced against a longer drive to central Tampa and the traffic that comes with rapid growth. The honest work is matching a specific home to real comparable sales by section, lot, and condition, and pricing the full carrying cost before any headline number.