Lutz › Frazier

717 W Deer Lake Dr

Lutz, FL 33548
$392,500
3 bed2 bath1,286 sqftSingle-family home · built 1964

Listed at $305 per sq ft. Median for single-family homes with 3 bedrooms in Lutz sold in the last 12 months: $264 per sq ft.

87 sales · Stellar MLS, credited below

What stands out about this home

Compared with single-family homes like it, within product classi
Size
Larger than 5% of single-family homes sold in Lutz
852 single-family home sales · Jan 2024 - Oct 2026
Price
Listed 16% above the typical price for a single-family home its size in Lutz
852 single-family home sales · Jan 2024 - Oct 2026
Standout feature
Waterfront: 24% of single-family homes listed in Lutz are
341 single-family home listings · Jun 2004 - Oct 2026
Age
Newer than 7% of single-family homes in Lutz
1,253 homes · Jun 2004 - Oct 2026
Compared against 40 similar homes sold within 2.51 mi.

About this property

Welcome to 717 Deer Lake Dr! This well-maintained 3-bedroom, 2-bath home offers 1,286 square feet of comfortable living space on a spacious lot over 1/4 acre with no rear neighbors and a peaceful lake setting behind the property. Built in 1964, this home has been thoughtfully updated with major improvements already completed, including a 2020 roof, 2023 windows, 2020 HVAC system, 2020 water heater, updated plumbing, and electrical panel.

Enjoy the added benefits of a water softener and reverse osmosis system, providing convenience and peace of mind. The spacious lot and serene rear setting create a private atmosphere while still offering the convenience of NO HOA. Located in a quiet Lutz neighborhood with easy access to Tampa, shopping, dining, schools, and major roadways, this property offers a great combination of privacy, updates, and location.

Move-in ready and ready for its next owner—come see all that 717 Deer Lake Dr has to offer!

Property details

Year built1964
Lot size0.28 ac
HOANot stated
ParkingCarport
Days on market13
MLS#TB8552458
Fire pitCeiling fansCooktopElectric water heaterMicrowaveRefrigerator
All features →
  • Fire pit
  • Ceiling fans
  • Cooktop
  • Electric water heater
  • Microwave
  • Refrigerator
  • Water softener
  • Tile flooring
  • Central air conditioning
  • Electric heating
  • Membrane roof
  • Slate roof
  • Slab foundation
  • Block construction
  • Brick construction
  • Single story
  • Laundry room
  • Broadband internet available
  • Cable available
  • Electricity available
  • Carport
  • Waterfront

The market for homes like this

Single-family homes with 3 bedrooms in Lutz
i
Median sold price$439,90087 sales · last 12 months
Median price per sq ft$26487 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 share84%of 8,270 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
Listed at $305 per sq ft, 15% above the $264 median for 3-bedroom single-family homes in Lutz sold in the last 12 months
87 sales · last 12 months
Time on market
On the market 13 days; 3-bedroom single-family homes in Lutz took a median of 35 days to sell in the last 12 months
87 sales · last 12 months
Price history
Listed at $392,500 since Sept. 25, 2026 with no price change

Cost of ownership

What this home costs to hold, from public recordsi
Current owner's taxes
i
$5,803 (2025)
As stated on the listing for 2025
Estimated taxes at this price
i
About $4,800/yr homesteaded, $5,600/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
$170/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 33548 · 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 bed · this home87$439,900—
4 bed107$725,000—
5+ bed64$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

717 W DEER LAKE DR, LUTZ, FL 33548

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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