
16317 EMERALD COVE, LUTZ, FL, 33549
Active8 days on marketListed Jul 25, 2026MLS #TB8532354
About this home
16317 EMERALD COVE
Welcome to one of Emerald Cove’s most exceptional waterfront estates. Tucked away on a quiet cul-de-sac in the intimate community of Emerald Cove, this custom-built waterfront estate is nestled beneath a breathtaking canopy of majestic grandfather oaks on approximately 2.7 private acres. Thoughtfully designed and expanded over the years, this remarkable home offers approximately 5,600 square feet of living space showcasing Old World design, timeless craftsmanship, and breathtaking natural surroundings that create an extraordinary place to call home. Built in 2004, this exceptional 4-bedroom, 4.5-bath residence was created for both entertaining and comfortable everyday living. The spacious first-floor primary suite serves as a private retreat featuring a marble bath with marble flooring and countertops. Upstairs, two bedrooms share a Jack-and-Jill bath, while a fourth bedroom enjoys its own private ensuite. An expansive game room or in-law suite with an open balcony overlooking the property offers the perfect space for guests, extended family, or recreation. Rich architectural details, warm cherry wood flooring, a beautiful fireplace, custom millwork, and expansive windows fill the home with natural light while framing peaceful waterfront views. The relaxed living room with soaring 20-foot ceilings creates an impressive yet welcoming gathering space. The thoughtfully designed floor plan also features a spacious family room, private office, oversized laundry room, and a dining room highlighted by a custom-built china cabinet. The chef’s kitchen is beautifully appointed with granite countertops, abundant cabinetry, and custom snack drawers while opening seamlessly to the main living areas. Just beyond, the custom wet bar featuring a wine refrigerator and beer tap creates the perfect setting for entertaining family and friends. Step outside to an expansive screened lanai where the heated pool and spa overlook tranquil waterfront views and beautifully landscaped grounds enhanced by an irrigation system and mosquito misting system. Towering oaks provide shade and beauty throughout the property, creating a truly park-like setting. Enjoy peaceful mornings overlooking the water, spend the afternoon fishing from your backyard, or explore the shoreline by paddleboat or jon boat while taking in the abundant wildlife and natural beauty that surrounds you. The oversized three-car garage is complemented by a 14’ x 14’ climate-controlled storage room, providing endless possibilities for a workshop, fitness room, hobby space, or additional storage. Recent improvements provide exceptional peace of mind, including a new roof, new electrical system and panels (2022), new septic system and drain field (2015), a hot water heater approximately five years old, and four HVAC systems, ensuring year-round comfort throughout this expansive home. Offering a rare combination of waterfront, estate-sized acreage, majestic oak trees, privacy, and timeless Old World architecture, this extraordinary property is unlike anything else in Lutz. Emerald Cove is a hidden gem where homes are rarely available, offering a peaceful setting while remaining just minutes from schools, shopping, dining, and major commuter routes. This is more than a home—it’s a private waterfront estate where timeless Old World architecture meets the natural beauty of Old Florida.
Facts & features
The home at a glance
4
Bedrooms
4.5
Bathrooms
5,600
Sqft
2.7 ac
Lot size
3
Garage
2004
Year built
Two
Levels
$326
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$12,179 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$12,179/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Lutz actives
$326 vs $243
Days on market
8 vs 35 typical
Where $326/sqft sits among the 271 Lutz actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Lutz
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Lutz. See the full Lutz guide →
The numbers that matter
The Lutz market
$580K → $487K
Lutz median sold, yr/yr
97.0%
Sale-to-list ratio (12 mo)
161 of 271
Lutz actives have cut their price
Median sold price, Lutz, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 272% above the Lutz median. See the full Lutz market guide →
Paper trail
This home's history
Reality check
What actually sold near 16317 EMERALD COVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$2,740,000
17001 MIDAS LANE
5 bd · 6 ba · 5,251 sqft · $522/sqft · 13 DOM
Sold · Aug ’25$1,625,000
16629 SEDONA DE AVILA
4 bd · 5 ba · 3,788 sqft · $429/sqft · 12 DOM
Sold · Aug ’25$755,000
806 LINWOOD TERRACE
4 bd · 3 ba · 3,598 sqft · $210/sqft · 95 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Your agent
Eric Chery
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 16317 EMERALD COVE — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 16317 EMERALD COVE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Eric's phone and CRM.
Straight answers
16317 EMERALD COVE FAQs
What would the monthly payment be for 16317 EMERALD COVE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $12,179/mo — principal and interest, the actual property-tax bill, the $100/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 16317 EMERALD COVE?+
The association fee works out to $100 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 16317 EMERALD COVE?+
The most recent tax bill on record (2025) was $16,643. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 16317 EMERALD COVE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Lutz?+
At $1,825,000, this home is listed about 272% above the Lutz median of $489,999. The market section on this page shows how the area is trending.
Keep looking
Similar homes nearby
Listing courtesy of ALIGN RIGHT REALTY CARROLLWOOD · Brenda Kennedy. MLS #TB8532354.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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