Promenade At Lake Park
Homes for Sale in Lutz, FL
All 308 homes for sale in Lutz, FL · median $484,000 · 25 homes for sale in 33548 · Hillsborough County homes for sale
True comps, carrying-cost math, and listings before the portals.
Over the 12 months ending 2026-11-06, 3 recorded sales closed at a median of $850,000, $291 per square foot, a median 54 days on market, sellers accepting 87% of original asking. At the median price and Hillsborough County's FY2025-26 rate of 15.73 mills, annual property tax runs about $13,370 ($12,740 with the full homestead exemption).
Price here is driven by size and vintage more than anything. These are large homes — a median around 3,749 square feet — built between 2016 and 2022, with the middle of the pack landing in 2018. At a median of $854,888, or roughly $285 per square foot, you are paying for newer construction and square footage, not decades of neighborhood seasoning. Condition and finish level will explain most of the spread between one closing and the next.
The current posture is fast but softer on price. Homes are moving at a median of 12 days, which tells you well-priced, well-presented listings clear quickly. At the same time, the median is down 20.5% year over year, so sellers should not anchor to what the community fetched a year ago, and buyers have more room than the speed of sale alone suggests. Price to the current market, not the memory of the last one.
Figures in this note are as of July 13, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Promenade At Lake Park right now
🔴 Off the recent peak. The trailing-12-month median ($852K) is down 24.7% from the prior 12 months ($1.13M). With about 6 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending September 20. Confidence: Medium (8 and 6 sales in the two windows).
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· Updated November 13, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
Nearby homes for sale
No active listings inside Promenade At Lake ParkHomes for Sale in Lutz, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Promenade At Lake Park market snapshot (as of September 20, 2026): the median sale price is about $852K ($296 per sq ft over the trailing 12 months of closed sales), and a median 18 days on market for closed sales. The trailing-12-month median is down 25% from the prior 12 months, computed from record-level Stellar MLS closed sales (8 closings in the current window).
In ZIP 33548 (Lutz), 289 homes closed in the last 12 months at a median of $399K ($232/sq ft), up 24.9% year over year, with a median 22 days on market. Right now 3 active and 4 pending listings. See the live ZIP 33548 housing market and the Hillsborough County market.
County records show 12 qualified sales in Promenade At Lake Park across 2024–2025 (10 in 2024, 2 in 2025), median $1.07M — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Promenade At Lake Park is a community of 200 homes in Lutz, Hillsborough County, built between 2016 and 2022 (median 2018), with a median living area of about 3,749 square feet. 91% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Promenade At Lake Park Ph is a compact, newer-construction pocket in Lutz — about 200 homes, nearly all built within a tight 2016–2022 window — where the product is consistent: large floor plans on the newer end of the Hillsborough spectrum.
Who Promenade At Lake Park is best for.
Best for
- Buyers targeting a large, newer home in the mid-$800s who want move-in-ready over a build timeline
- Owner-occupants planning to stay put, comfortable in a low-turnover, homestead-heavy setting
- Buyers willing to act quickly on well-priced homes given the 12-day median pace
Probably not for
- Anyone whose budget sits well below the $854,888 median
- Investors seeking rental turnover, given the 91% homestead share
- Buyers wanting a smaller, lower-maintenance floor plan than the ~3,749 sq ft norm here
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($852K) IS the median in the snapshot above, and the move from 2025 ($1.13M) IS the -24.7% one-year change.
Windows contain 4 to 10 sales each (8 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2021 through 2026. Deemed reliable but not guaranteed.
27% of homes for sale in ZIP 33548 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-20).
The Promenade At Lake Park buying strategy.
If we were buying in Promenade At Lake Park today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Promenade At Lake Park.
A newer, owner-held enclave
With a homestead share of 91%, this is overwhelmingly an owner-occupied community rather than an investor or rental play. That tends to show up in maintenance and turnover: inventory here is not churning, so when a home does list, it is often one of only a handful of comparable options at a time — the closings window shows just 7 recent sales.
Because the homes cluster so tightly in age and size, the honest variable is condition, lot, and finish. Two homes a few hundred feet apart can price very differently based on upgrades and how they show. Read each listing on its own merits rather than assuming the median tells you what any single home is worth.
The location and the amenities are priced into every listing in Promenade At Lake Park. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Promenade At Lake Park buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (5.9). Basis: Recent Direction -24.7% year-over-year; Owner Commitment 91% owner-occupied; Pricing Power 97.9% sale-to-list. Refreshed with each data update.
Why work with Momentum here
Thin recent volume and a double-digit year-over-year price move mean this is not a market you can read off a headline number. We work the individual comps — condition, lot, finish, and the handful of relevant recent closings — so buyers do not overpay in a softening market and sellers price to move at the pace the 12-day median rewards.
Promenade At Lake Park in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Promenade At Lake Park buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Promenade At Lake Park sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Promenade At Lake Park, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Promenade At Lake Park home worth?
Get a no-obligation home value based on real comparable sales in Promenade At Lake Park, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Lutz →
| Location | Lutz, Hillsborough County, FL · ZIP 33548 |
|---|---|
| Homes in the community | 200 (FL DOR 2025 assessment roll) |
| Years built | 2016–2022 (median 2018) |
| Typical living area | 3,749 sq ft (median) |
| Sale prices, last 12 months | $850,000 median across 3 closed sales · $291 per sq ft |
| Days on market (closed sales) | 54 median |
| Owner-occupied (homestead) share | 91% |
Data as of November 6, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2025 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Promenade At Lake Park key facts,” movewithmomentum.com/neighborhoods/promenade-at-lake-park-ph, data as of November 6, 2026.
Housing distress & ownership in Promenade At Lake Park Ph, Lutz
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period September 2026 through September 2026. Deemed reliable but not guaranteed.
More Lutz home searches
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Lutz guides & data
- Market data
- Cost of living
- Best neighborhoods
- Property taxes (Hillsborough County)
- Homestead exemption (Hillsborough County)
- Home insurance cost
- New construction (Hillsborough County)
- ZIP codes
Florida buyer guides
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- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
- How to stop a foreclosure in Florida
- Florida documentary stamp tax, explained
- Cheapest places to live in Florida
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Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Wicket Field Road (16 homes on record)
- Pine Hammock Boulevard (12 homes on record)
- Woodland View Drive (10 homes on record)
- Leafmore Street (9 homes on record)
- Leafmore Street (3 homes on record)
- Pine Hammock Boulevard (3 homes on record)
- Wicket Field Road (2 homes on record)
Email me new listings in Promenade At Lake Park
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Promenade At Lake Park
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Promenade At Lake Park will answer, and the answer is published on this page for the next buyer.
Recent Developments in Promenade At Lake Park Ph
Development, infrastructure, retail, and school activity affecting Promenade At Lake Park Ph, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Parks & Amenities
Tampa Bay Downs opens renovated golf practice facility with Toptracer range
The renovated facility on Stable Gate Lane in Westchase was unveiled Oct. 17 with a covered 10-bay Toptracer range, 12 extra covered turf mats, a putting green, chipping areas and a new bar. Buckets start at $10 and reservations are required for the Toptracer bays after Oct. 29.
What it may mean for the marketThe upgraded range adds a recreation and entertainment option for the Westchase and Oldsmar area. The project is about 16 miles southwest of Promenade At Lake Park Ph, elsewhere in Hillsborough County.
Source: Tampa Bay Beacons - October 2026Parks & Amenities
Tampa begins public input on nearly 60 acre K-Bar Ranch park in New Tampa
The city held its first public meeting Oct. 15 on an $8 million park of nearly 60 acres south of Mistflower Lane near the Pasco line. Residents favored paths, nature areas and flexible green space, and a multi-purpose field is proposed. Skanska is the design-builder with design estimated at 10 to 12 months.
What it may mean for the marketThe planned park would add trails and open space for the northern New Tampa area, with design still under way. The project is about 9 miles southeast of Promenade At Lake Park Ph, elsewhere in Hillsborough County.
Source: Tampa Bay Beacons - October 2026Retail & Dining
Hobby Lobby coming to Carrollwood Commons on North Dale Mabry
County records show a 49,106 square foot Hobby Lobby planned at Carrollwood Commons on North Dale Mabry Highway, with coming soon signs posted. No opening date has been announced and the company had not commented.
What it may mean for the marketA large craft retailer would add a destination store to the Dale Mabry shopping corridor in northwest Tampa. The project is about 15 miles south of Promenade At Lake Park Ph, elsewhere in Hillsborough County.
Source: Tampa Bay Beacons - April 2026Development
New mixed-use development planned on State Road 52 in central Pasco
A mixed-use development planned on State Road 52 in central Pasco County, next to Pilot Country Airport, would add 108 single-family homes, about 175,000 square feet of commercial and retail space, and a 120-room hotel, with completion expected around 2030.
What it may mean for the marketA new mixed-use community adds housing, retail, and lodging along the State Road 52 corridor in central Pasco, the kind of growth that can shape demand and pricing for nearby communities. The site is less than a mile northwest of Promenade At Lake Park Ph.
Source: Tampa Bay Times - January 2026Development
Moffitt Cancer Center opens flagship outpatient center at its new Speros FL campus in Pasco
Moffitt Cancer Center held the grand opening of its flagship outpatient cancer center in January 2026 at Speros FL, its large new campus on State Road 52 in Pasco County. The campus is planned as a long-term life sciences and medical hub expected to bring substantial employment to the area.
What it may mean for the marketA large new medical and life sciences campus is a long-term employment anchor for central Pasco, a structural demand driver for housing in the surrounding area. The site is about 4 miles west of Promenade At Lake Park Ph.
Source: WUSF - January 2026Development
Flagship breaks ground on 46,000-square-foot Wiregrass Ranch Medical Pavilion in Wesley Chapel
Flagship Healthcare Properties broke ground in January 2026 on a 46,000-square-foot medical pavilion at Wiregrass Ranch in Wesley Chapel, adding outpatient medical space to the growing State Road 56 corridor.
What it may mean for the marketAdded outpatient medical space along the State Road 56 corridor deepens healthcare access and professional employment in Wesley Chapel, an amenity factor that can support nearby housing demand. The site is about 8 miles southeast of Promenade At Lake Park Ph.
Source: HCO News
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
Frequently Asked Questions
What is the median home price in Promenade At Lake Park?
How long do homes in Promenade At Lake Park take to sell?
How many homes are in Promenade At Lake Park?
What share of Promenade At Lake Park is owner-occupied?
When were the homes in Promenade At Lake Park built?
Who is the best real estate agent for Promenade At Lake Park?
How do I find a top Lutz real estate agent who knows Promenade At Lake Park?
Can Momentum Realty connect me with an agent for Promenade At Lake Park?
Where is Promenade At Lake Park, and what county is it in?
Should you buy in Promenade At Lake Park?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (5 streets, ZIP 33548)) |
| Under-contract shares | Stellar MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2021 (38 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
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More on Promenade At Lake Park
- Home values · What homes in Promenade At Lake Park actually sell for