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Florida Real Estate Market

Hillsborough County Sees Record-Breaking Real Estate Transactions and Unique Property Sales

March 8, 2026
Hillsborough County real estate: homes, cityscapes, and natural beauty.
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Hillsborough County is experiencing a dynamic real estate market, marked by significant transactions and the listing of exceptionally unique properties. From the sale of a large portion of the former Big Cat Rescue site to the listing of some of the most expensive homes in the region, the county is attracting major attention in the property sector.

Key Takeaways

  • A substantial part of the Big Cat Rescue property was sold for $19.5 million to a developer.
  • Two of the most expensive residential listings in Tampa Bay history are located in Hillsborough County, with prices reaching $38.5 million and $22 million.
  • A notable land swap involving the Hillsborough County Sheriff’s Office has also occurred.

Big Cat Rescue’s Property Sale

Big Cat Rescue, once a prominent sanctuary featured in "Tiger King," has sold a significant portion of its nearly 70-acre Hillsborough County property for $19.5 million. The land has been acquired by a developer with plans to construct approximately 280 townhomes. An additional 11 acres are slated for sale to another developer for the construction of 300 apartments. The proceeds from the sale will support the Baskins’ ongoing mission to combat the extinction of wild cats and fund the care of their relocated cats in Arkansas.

Luxury Listings Command Top Dollar

Hillsborough County is now home to some of the most expensive residential listings in Tampa Bay’s history. A sprawling estate in Odessa, listed at $38.5 million, has set a new record for the region’s priciest home. This property is a testament to the high-end market activity in the area.

Another remarkable property, "The Oaks," a 27,152-square-foot lakefront mansion on Lake Thonotosassa, is on the market for $22 million. This expansive compound boasts extensive lakefrontage, numerous amenities including a bowling alley and a race track, and is considered one of the largest homes in the county. Its sale is anticipated to be one of the biggest in Hillsborough County’s history.

Notable Land Transactions

Beyond residential sales, the county has also seen significant land transactions. Darryl Shaw recently finalized a land swap with the Hillsborough County Sheriff’s Office, indicating ongoing development and strategic land use within the county. While details of the swap are limited, it highlights the active commercial and governmental real estate landscape.

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These diverse transactions underscore Hillsborough County’s robust and varied real estate market, attracting both large-scale development and ultra-luxury buyers.

Sources

  • Big Cat Rescue sells large portion of Hillsborough property for $19.5M, FOX 13 Tampa Bay.
  • Rural Hillsborough County house listed for $39 million, Business Observer.
  • $22 million lakefront mansion for sale in Hillsborough Co., Tampa Bay 28.
  • $38.5 million Odessa mansion is Tampa Bay’s most expensive listing ever, Tampa Bay Times.
  • Darryl Shaw closes on land swap with Hillsborough County Sheriff’s Office, The Business Journals.

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