Gracewood At River Ridge in New Port Richey

Gracewood At River Ridge
Homes for Sale in New Port Richey, FL

All 957 homes for sale in NEW PORT RICHEY, FL · median $279,900 · 163 homes for sale in 34654 · Pasco County homes for sale

Community in New Port Richey · Pasco County · ZIP 34654
37 homesBuilt 1987–2009Median sale $570K
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Stellar MLS data14 years of closingsFL DOR public recordsUpdated twice daily

Over the 12 months ending 2026-09-12, 4 recorded sales closed at a median of $570,000, $220 per square foot, a median 29 days on market, sellers accepting 95% of original asking. Homes listed or recently sold were built 1991–1998; 6 of 6 report an HOA (median $62/mo); 5 of the 6 geocoded homes sit in a FEMA special flood hazard zone (median elevation 28 ft). At the median price and Pasco County's FY2025-26 rate of 16.15 mills, annual property tax runs about $9,210 ($8,560 with the full homestead exemption).

Part of the River Ridge master-planned community in New Port Richey, FL — see all River Ridge homes for sale (18 listings across 15 villages and sections in the MLS).

Live · Gracewood At River Ridge Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$570K
Median sold · 12 mo
$220/sf
Sold $/sqft · 12 mo
peak $220 in 2026
94.9%
Sale vs ask
Tempo
29days
Median DOM · closed
29 days at the 2026 low
0 · 0
For sale · pending
live counts, refreshed twice daily
4
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
95%
Owner-occupied · Gracewood At River Ridge
35 of 37 parcels homesteaded (FL DOR 2025)
5%
Non-owner-occupied · Gracewood At River Ridge
incl. 3% trust or LLC-held · 3% out-of-state
37
Homes in the community
37 residential parcels (FL DOR 2025)
Track record · 14 years of records
Est. 1987
Community established
homes built 1987-2009, median 1993 (FL DOR 2025)
2,322sqft
Median sold home size
12-mo windows, closed sales
10.8%/yr
Turnover rate
about 4 of 37 homes trade a year

Nearby homes for sale

No active listings inside Gracewood At River Ridge 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.

7222 AUBURN LANE
$400K · 0.0 mi away
6 bd · 5 ba · 5,670 sqft
7222 AUBURN LANE
Listed by EXP REALTY LLC
7151 RED OAK LOOP
$530K · 0.3 mi away
3 bd · 2.5 ba · 2,418 sqft
7151 RED OAK LOOP
Listed by KELLER WILLIAMS REALTY- PALM HARBOR
10305 TURKEY OAK DRIVE
$299K · 0.4 mi away
3 bd · 2 ba · 1,120 sqft
10305 TURKEY OAK DRIVE
Listed by BLUEWATER BAY REALTY GROUP INC
7308 BALTUSROL DRIVE
$260K · 0.4 mi away
2 bd · 2 ba · 1,134 sqft
7308 BALTUSROL DRIVE
Listed by BHHS FLORIDA PROPERTIES GROUP
7411 BALTUSROL DRIVE
$299K · 0.5 mi away
2 bd · 2 ba · 1,220 sqft
7411 BALTUSROL DRIVE
Listed by RE/MAX MARKETING SPECIALISTS
7407 BALTUSROL DRIVE
$250K · 0.5 mi away
2 bd · 2 ba · 956 sqft
7407 BALTUSROL DRIVE
Listed by LPT REALTY, LLC

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Gracewood At River Ridge market snapshot (as of September 12, 2026): the median sale price is about $570K ($220 per sq ft over the trailing 12 months of closed sales), and a median 29 days on market for closed sales.

In ZIP 34654 (NEW PORT RICHEY), 603 homes closed in the last 12 months at a median of $240K ($195/sq ft), down 1.9% year over year, with a median 39 days on market. Right now 79 active and 15 pending listings put supply at about 7.1 months - a balanced market. See the live ZIP 34654 housing market and the Pasco County market.

Gracewood At River Ridge is a community of 37 homes in New Port Richey, Pasco County, built between 1987 and 2009 (median 1993), with a median living area of about 2,792 square feet. 95% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 0 to 6 sales each (4 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 2012 through 2026. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
024620122014201620182020202220242026
0 to 6 a year; 4 in the current window.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Pasco County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$2,030/mo
Pasco County typical true cost to own
$138/mo
Pasco County typical home insurance
Has a CDD
Bond assessment on top of taxes

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

How much local inventory is already under contract

12% of homes for sale in ZIP 34654 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 (2026-09-19).

Gracewood at River Ridge Market Scorecard

No active listings

Gracewood at River Ridge is currently a no active listings market. Limited supply, a median asking price of n/a.

n/a
Months supply
n/a
Median list
$580,000
Median sold
n/a
Per sqft
n/a
Days on mkt
0/1/5
Active/Pend/Sold

Typical home value in the 34654 ZIP is $315,841, right around the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Stellar MLS, distributed by MLS GRID, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in Gracewood At River Ridge, NEW PORT RICHEY

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 3 listings
Distress share trend - 0.0% now (2026-08-10 → 2026-09-15)

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.

Homes For Sale Right Now in Gracewood At River Ridge

Live MLS inventory for Gracewood At River Ridge. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Gracewood At River Ridge listings as of 2026-09-17, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2012 through 2026. Tap any home to ask about it.

Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.

Community amenities as reported across Stellar MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

Schools

In short
  • Pasco County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Cypress Elementary-PO · Elementary
  • Seven Springs Middle-PO · Middle
  • River Ridge High-PO · High

Zoned schools reflect the assignments reported on recent Gracewood At River Ridge listings and can change; always confirm with Pasco County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Gracewood At River Ridge address.

Recent Developments in Gracewood At River Ridge

Development, infrastructure, retail, and school activity affecting Gracewood At River Ridge, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.

Dev Momentum60/100 · Active
  1. July 2026
    Development

    Pomelo Square mixed-use community advances in Wesley Chapel

    Ryan Cos. and PulteGroup are advancing Pomelo Square, a mixed use development at the northeast corner of Old Pasco Road and Overpass Road in Wesley Chapel. Plans call for 415 residential units made up of 325 apartments and 90 townhomes, about 42,000 square feet of retail, and a hotel pad. Completion is targeted for the first quarter of 2028.

    What it may mean for the marketAdds a mixed use community of apartments and townhomes with retail space and a hotel pad, expanding housing and commercial supply in a growing Pasco County corridor. The project is about 20 miles east of Gracewood At River Ridge, elsewhere in Pasco County.

    Source: Florida YIMBY
  2. April 2026
    Development

    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 project is about 12 miles east of Gracewood At River Ridge, elsewhere in Pasco County.

    Source: Tampa Bay Times
  3. January 2026
    Development

    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 8 miles east of Gracewood At River Ridge.

    Source: WUSF
  4. January 2026
    Development

    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 project is about 19 miles east of Gracewood At River Ridge, elsewhere in Pasco County.

    Source: HCO News

Development alerts for Gracewood At River RidgeGet a short monthly email when something new is approved, funded, or opens near Gracewood At River Ridge.

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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.

If we were buying in Gracewood At River Ridge today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Gracewood At River Ridge.

A closer look at the Gracewood At River Ridge market

At a median of $220 per square foot, Gracewood At River Ridge prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

The housing stock is 37 homes built between 1987 and 2009, and 95% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

The location and the amenities are priced into every listing in Gracewood At River Ridge. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Gracewood At River Ridge homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Gracewood At River Ridge.
In short
  • HOA dues reported around $62/month (about $744/yr) · median of 38 MLS listings, most billed annually
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $62 per month ($744 a year) - the median AssociationFee across 38 MLS records, normalised to a monthly figure; most are billed annually. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Gracewood At River Ridge sales matched to your home.

What is your Gracewood At River Ridge home worth?

Get a no-obligation home value based on real comparable sales in Gracewood At River Ridge, 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 New Port Richey →

Real comps, not an automated estimate.

Recently off market in Gracewood At River Ridge

Homes in Gracewood At River Ridge that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.

Frequently Asked Questions

What is the median home price in Gracewood At River Ridge?
The median sale price in Gracewood At River Ridge was $570K over the 12 months ending September 12, 2026 (4 closed sales, Stellar MLS).
How long do homes in Gracewood At River Ridge take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 29 days on market (4 sales, Stellar MLS).
How many homes are in Gracewood At River Ridge?
The Florida DOR 2025 assessment roll shows 37 homes in Gracewood At River Ridge (public records).
What share of Gracewood At River Ridge is owner-occupied?
95% of Gracewood At River Ridge parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Gracewood At River Ridge built?
Homes in Gracewood At River Ridge were built between 1987 and 2009, with a median year built of 1993 (FL DOR 2025 roll).
Who is the best real estate agent for Gracewood At River Ridge?
The best agent for Gracewood At River Ridge is one who actively works New Port Richey and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Gracewood At River Ridge.
How do I find a top New Port Richey real estate agent who knows Gracewood At River Ridge?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Gracewood At River Ridge and the wider New Port Richey area.
Can Momentum Realty connect me with an agent for Gracewood At River Ridge?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Gracewood At River Ridge purchase or sale - no call center and no pressure.
Where is Gracewood At River Ridge, and what county is it in?
Gracewood At River Ridge is in NEW PORT RICHEY, Pasco County, FL, ZIP 34654.

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: September 17, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending September 12, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (2 streets, ZIP 34654))
Under-contract sharesStellar MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2012 (22 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.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live local comps.

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Thinking of selling in Gracewood At River Ridge? 4 recorded closings; median 29 days on market (window ending 2026-09-12). See the Pasco County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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