Lutz › Lake Hanna Preserve

1118 Lake Hanna Dr

Lutz, FL 33549
$1,550,000
6 bed5 bath5,171 sqftSingle-family home · built 2021

What stands out about this home

Compared with single-family homes like it, within product classi
Size
Larger than 97% of single-family homes sold in Lutz
852 single-family home sales · Jan 2024 - Oct 2026
Price
The seller has not permitted automated price comparisons
Standout feature
A garage for 3 or more cars: 43% of single-family homes listed in Lutz have one
308 single-family home listings · Nov 2007 - Oct 2026
Age
Newer than 83% of single-family homes in Lutz
1,253 homes · Jun 2004 - Oct 2026
Compared against 40 similar homes sold within 2.8 mi.

About this property

Welcome to 1118 Lake Hanna Drive, an exceptional estate offering more than 5,100 square feet of beautifully designed living space on over an acre within the private, gated enclave of Lake Hanna Preserve. Built in 2021, this impressive six-bedroom, five-bath residence combines refined style, generous proportions, and resort-inspired outdoor living to create a truly remarkable Florida home.

Step inside to an expansive open-concept floor plan designed for both sophisticated entertaining and comfortable everyday living. The heart of the home seamlessly connects the kitchen, dining area, and grand living space, creating an inviting atmosphere for everything from intimate gatherings to large celebrations. With primary suites conveniently located on both the first and second floors, the home offers exceptional flexibility for multi-generational living, extended guests, or a private owner's retreat.

Upstairs, a spacious media room provides the perfect setting for movie nights, game days, or an additional entertainment lounge, while six bedrooms throughout the home offer abundant spaces for family, guests, home offices, or fitness accommodations.

Outside, your private Florida retreat awaits. The extended covered lanai opens to a beautiful screened-in pool, creating a resort-style setting for relaxing, entertaining, and enjoying year-round indoor-outdoor living. Surrounded by an expansive one-acre home site, the outdoor space offers a rare sense of privacy and room to enjoy the Florida lifestyle.

Additional highlights include a substantial four-car split garage, energy-efficient features, hurricane shutters, an irrigation system, and a thoughtfully designed floor plan that balances impressive gathering spaces with comfortable private retreats.

Set among oversized home sites, beautiful landscapes, and lakes within sought-after Lake Hanna Preserve, this residence delivers the space and privacy of an estate property while remaining conveniently located in the heart of Lutz. With more than 5,100 square feet of living space, six full bedrooms, five full baths, dual primary suites, a four-car garage, screened pool, and over an acre of land, 1118 Lake Hanna Drive is an extraordinary opportunity to experience luxury Florida living on a grand scale.

Property details

Year built2021
Lot size1.01 ac
HOA fee$285/mo
Parking4-car
Days on market18
MLS#TB8551126
Hurricane shuttersCeiling fansOpen floorplanPrimary bedroom main floorSolid surface countersWalk-in closets
All features →
  • Hurricane shutters
  • Ceiling fans
  • Open floorplan
  • Primary bedroom main floor
  • Solid surface counters
  • Walk-in closets
  • Built-in oven
  • Dishwasher
  • Disposal
  • Dryer
  • Microwave
  • Washer
  • Carpet flooring
  • Ceramic tile flooring
  • Central air conditioning
  • Electric heating
  • Shingle roof
  • Slab foundation
  • Block construction
  • Frame construction
  • Two stories
  • Laundry room
  • Electricity connected
  • Private pool
  • Garage
  • Storm/hurricane shutters

The market for homes like this

Single-family homes with 5 or more bedrooms in Lutz
i
Median sold price$1,117,50064 sales · last 12 months
Median price per sq ft$28564 sales · last 12 months
Median rent$3,400/mo65 leases · last 24 months
Median days to lease3365 leases · last 24 months

Lutz, as its listings describe it

What agents stated on listings, 2004 – 2026i
Community pool24%of 149 listings
HOA fee, median$140/moof 151 listings
Has an association50%of 349 listings
Pets allowed92%of 303 listings
Minimum lease, most commonNo Minimum61% of 280 listings · next: 1–2 Years
Lease restrictions33%of 281 listings
Association approval required14%of 202 listings
Private pool44%of 402 listings
Gated65%of 149 listings
Public water · sewer44% · 40%of 315 · 327 listings
Flood zone (A or V)6%of 324 listings
55+ communityNo99% of 349 listings · next: Yes
Homestead share Lake Hanna Preserve91%of 47 homes · county tax roll
Also stated: waterfront 23% of 354 listings; CDD 13% of 310.

Price and time on market

This listing against homes like iti
Price per sq ft
The seller has not permitted automated price comparisons
Time on market
The seller has not permitted automated comparisons
Price history
Listed at $1,600,000 originally; now $1,550,000, 3.1% lower after at least one price reduction. The most recent: down $50,000 on Oct. 6, 2026
at least one price reduction visible

Cost of ownership

What this home costs to hold, from public recordsi
Current owner's taxes
i
$617 for 2025 on the listing; about $0 on the 2026 roll
The listing and the county roll disagree materially; both are shown
Estimated taxes at this price
i
About $21,200/yr homesteaded, $22,000/yr as an investor
Estimated: the asking price through the county's price-to-value factor, at the parcel's published millage; assessments reset at sale
Typical electric bill
i
$166/mo (2024)
Typical: the utility's average residential bill for 2024 (not this home's)
Typical water and sewer
i
$98/mo at 5,000 gallons
Typical: the provider's published schedule at 5,000 gallons a month on a standard residential meter
THE NEIGHBORHOOD

Living in Lutz

unincorporated Hillsborough County · Hillsborough County · ZIP 33549 · Lutz (census-designated place) · Flood zone X
Explore Lutz →
Homes8,270residential parcels
Median sold price$620,000269 sales · last 12 months
Vs. the prior year+2.5%269 sales this year · 362 sales the prior year
Median rentNot enough sales yet to report on their own
Homes that changed hands3%269 sales of 8,270 homes
Homestead share84%of 8,270 homes · county tax roll
Single-family homes in Lutz, by bedroomsFigures appear once a group has 40 sales
GROUPSALESMEDIAN SOLDMEDIAN RENT
All single-family homes · 12 months266$623,750—
2 bed8Not enough sales yet to report on their own
3 bed87$439,900—
4 bed107$725,000—
5+ bed · this home64$1,117,500—
All single-family homes · 24 months613$614,455$3,400/mo65 leases
Median price

Lutz homes sold for a median of $620,000 in the 12 months to Oct. 11, 2026.

269 sales
Price trend

That's 2.5% above the median for the 12 months before, $604,738.

269 sales this year · 362 sales the prior year
What's selling

Single-family detached homes made up 266 of the 269 sales in the same 12 months, at a median of $623,750.

266 of 269 sales
Not yet available here: rent and time-to-lease for single-family homes.

Location

1118 LAKE HANNA DR, LUTZ, FL 33549

Nearby homes for sale in Lutz

Based on information from Stellar MLS® for the period June 16, 2004 through October 11, 2026.

Listings courtesy of Stellar MLS as distributed by MLS GRID

HomeProp is a licensed Florida real estate brokerage (License CQ1055163). Regulated by the Florida Real Estate Commission (FREC), 400 W Robinson St, Orlando, FL 32801. All information deemed reliable but not guaranteed.

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