Front elevation3431 Diamond Falls Circle, Land O Lakes, FL 34638
Sources: Stellar MLS (listings + 12-mo closed sales), FEMA, modeled insurance. Interpretation: Momentum Research. Data notes
As of September 26, 2026, 3431 Diamond Falls Circle in Stonegate Ph 2, Land O Lakes is listed at $774,000 (3,540 sq ft, about $219 per sq ft). That is 17% above Stonegate Ph 2's median closed sale of $659,200 over the last 12 months (15 recorded sales). It has been 42 days on market, longer than the community's typical 21 days to contract. Listing facts: built in 2012, waterfront, HOA dues of $252/mo. The parcel maps to FEMA flood zone X, outside the special flood hazard area. Figures are from the MLS record and county data; deemed reliable but not guaranteed.
- No CDD assessment on record
- Built 2012 · 14 yrs
- 3,540 sq ft of living area
- 3-car garage
- 42 days on market
- HOA $252/mo (per listing)
This home’s history
- 2012BuiltPer public record
- Aug 7, 2026First trackedObserved at $799,000
- Sep 17, 2026Price cut$774,000
- NowActiveCurrently for sale
Build year is from public record. Listing milestones reflect movewithmomentum.com’s own observations since we began tracking this listing and are not the MLS listing history; dates and prices are deemed reliable but not guaranteed.
Estimated monthly payment
- Principal & interest $4,132/mo 77%
- Taxes $677/mo 13%
- Insurance $279/mo 5%
- HOA $252/mo 5%
$5,340/mo at 20% down, 30-yr @ 7.03% · edit any field to update.
Editable estimate — not a loan offer. Estimates only; see data & estimate notes.
Momentum Property Score
57/100 is solid, mid-pack across the objective indicators below. It reflects only those measures — not the home’s quality, condition, or desirability.
A 0-100 score built from objective property and market data: flood risk, insurance, pricing, supply, affordability, and recent sales. Higher means more measures line up in a buyer’s favor. It reflects only the factors below.
Momentum Scores are objective, rules-based indicators computed from listing facts, public records, and recent nearby sales. They are not appraisals, valuations, investment advice, or judgments about a neighborhood or who should live there. Verify independently.
The Momentum read
🟡 Asking $219 per square foot, about in line with the community’s $221 median. STONEGATE PH 2’s 12-month median sold price per square foot is $221. MLS facts: Stellar MLS closed sales. A per-square-foot gap is context, not an appraisal; condition, lot, and view set the final number here.
What’s unique here: no CDD assessment.
Jump to: About this home · Every number, sourced · Monthly cost · Flood & risk · History · FAQ
Updated September 26, 2026 · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
About this home
Lakefront Luxury Living in Gated Stonegate Welcome to this exceptional lakefront home in the highly sought-after gated community of Stonegate in Land O' Lakes, Florida. Perfectly positioned on a private 0.32-acre pie-shaped lot tucked away at the back of the neighborhood, this stunning 5-bedroom, 4.5-bath residence offers 3,540 square feet of thoughtfully designed living space, complete with a private mother-in-law suite and breathtaking waterfront views. Built in 2012 with quality craftsmanship throughout, this home welcomes you with elegant architectural details including arched entryways, custom columns, soaring double-tiered coffered ceilings, decorative art niches, and a custom paint palette that creates a warm atmosphere.
The spacious family room serves as the heart of the home, featuring custom built-in shelving and expansive windows that frame tranquil views of the freshwater fishing lake. Enjoy peaceful mornings watching deer and native wildlife from the comfort of your living room or while relaxing outdoors. The gourmet kitchen is designed for both everyday living and entertaining, showcasing granite countertops, a custom undermount sink, tile backsplash, rich espresso cabinetry, stainless steel appliances, recessed lighting, a breakfast bar, and a sunny breakfast nook overlooking the water.
The luxurious primary suite is a true retreat, offering plush carpeting, a ceiling fan, beautiful lake views, and two walk-in closets. The spa-inspired primary bath features dual granite vanities with upgraded fixtures, espresso cabinetry, a relaxing garden tub, and a separate glass-enclosed shower. Upstairs, a spacious bonus room opens through two sliding glass doors to a screened balcony overlooking the lake—an ideal space for a media room, game room, or additional family gathering area.
Three generously sized secondary bedrooms provide comfortable accommodations, including two connected by a convenient Jack-and-Jill bathroom, while an additional guest suite enjoys its own private bath with granite countertops and espresso cabinetry. Additional living spaces include a formal living room with sliding glass doors leading outdoors and an elegant formal dining room, offering flexibility for entertaining and everyday living. Outside, the oversized pie-shaped lot provides privacy, mature landscaping, and spectacular lakefront scenery.
Whether enjoying morning coffee, evening sunsets, or casting a line into the freshwater lake, this backyard offers a peaceful Florida lifestyle rarely found. Residents of Stonegate enjoy outstanding community amenities including a resort-style swimming pool, secure fitness center, and a fishing pier overlooking the neighborhood pond. Conveniently located just minutes from the Veterans Expressway, this home offers an easy commute to Tampa while remaining less than an hour from some of America's most celebrated Gulf Coast beaches.
This remarkable home combines elegant design, generous living spaces, and an unbeatable waterfront setting to create the perfect place to call home.
Description provided by RE/MAX ACTION FIRST OF FLORIDA and reproduced from the MLS; not independently verified.
Every fact, sourced
Listing data, public records, our calculations, and what to verify — each fact shown once. Estimates and calculations shown are for general information only, are not appraisals or advice, and should be independently verified.
Listing facts MLS
Public records & third-party data
Calculated estimates
Buyer should verify Buyer verify
Provided via the Stellar MLS Internet Data Exchange, as distributed by MLS GRID · Listings courtesy of Stellar MLS as distributed by MLS GRID · Listings courtesy of Stellar MLS as distributed by MLS GRID. · deemed reliable but not guaranteedIDX 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 by the MLS to be accurate.The Messtimate
This is a deliberately dumb estimate — living area times a range of recent neighborhood $/sq ft, and nothing else. It is not an appraisal, not market value, and not a valuation of this home. Even a tight range from comparable sales can’t price a specific home — here’s why.
Actual list price: $774,000 — compare it against the range above. The Messtimate is a blind sqft estimate; the list price reflects this specific home.
A 28% spread on the same house — and that gap is exactly what an automated guess can't see:
- Condition & updates — a renovated kitchen or new roof vs. dated finishes can swing value six figures; sq ft can't see it.
- The lot — this listing is waterfront; water frontage is priced far off a per-sq-ft average of the neighborhood.
- Outliers skew it — one flip or distressed sale in the comps drags the whole $/sq ft up or down.
- Carrying costs & concessions — this home carries HOA dues of $252/mo; with insurance and any seller-paid buydown, that changes what a buyer actually pays, and a sq ft estimate ignores all of it.
And here's what the live market is doing — which the number above ignores entirely:
- This home: 42 days on market vs. a 21-day community median
- 1055 active listings competing, 283 under contract
For reference, this home is listed at $774,000 ($219/sq ft) — a number set with analysis a Messtimate can't do.
Selling your own home? Try the Messtimate on your address →
Methodology: 3,540 sq ft × $194–$248/sq ft from recent nearby closed sales (public records). Estimate for general information only; not an appraisal, valuation, or offer. Updated September 26, 2026.
Similar homes for sale near STONEGATE PH 2
Active listings nearby at a comparable size and price. Listings held by brokerages other than Momentum Realty are marked with the listing broker. Deemed reliable but not guaranteed.
Newest listings in STONEGATE PH 2
- 7040 Lumberton Road · $540,000 · 4 bd / 2.0 ba · listed September 26, 2026 (courtesy of LPT REALTY, LLC)
- 3808 Latimer Street · $229,000 · 2 bd / 1.0 ba · listed September 25, 2026 (courtesy of DIGI REALTY GROUP, INC.)
- 6821 Night Sky Way · $392,020 · 3 bd / 2.5 ba · listed September 25, 2026 (courtesy of PULTE REALTY OF WEST FLORIDA LLC)
- 6833 Night Sky Way · $407,050 · 3 bd / 2.5 ba · listed September 25, 2026 (courtesy of PULTE REALTY OF WEST FLORIDA LLC)
- 1548 Brekey Way · $423,410 · 4 bd / 2.5 ba · listed September 24, 2026 (courtesy of MERITAGE HOMES OF FL REALTY)
- 1556 Brekey Way · $381,100 · 4 bd / 2.0 ba · listed September 24, 2026 (courtesy of MERITAGE HOMES OF FL REALTY)
Price & listing history
Building permits
Flood zone & elevation
Sourced environmental data for the parcel. Confirm with FEMA and your insurer.
From the FEMA National Flood Hazard Layer. In this zone lender-required flood insurance is generally not mandated; confirm for the parcel.
Approximate parcel elevation from USGS; confirm exact elevation with a survey.
This is a coastal Florida county. Premiums and coverage vary by home; obtain a quote from a licensed insurer.
Internet & broadband
AT&T Fiber covers much of NE Florida; confirm availability at the address.
Xfinity/Spectrum cable broadband is widely available.
T-Mobile / Verizon fixed-wireless as a backup option.
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Listed by RE/MAX ACTION FIRST OF FLORIDA · MLS # TB8534764
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Recent sales activity in STONEGATE PH 2
Recent comparable closed sales near this home, from public records. Summary figures are for general reference only and are not a valuation of this property. See the STONEGATE PH 2 neighborhood guide for more.
Recent nearby closings in the data set.
Canonical 12-month median closed price. Reference only.
Canonical 12-month median $/sq ft. Reference only.
Go deeper on STONEGATE PH 2
See schools, amenities, builders, HOA/CDD detail, and every active & sold home in the community — the single biggest advantage of buying here over a portal.
Assigned schools
Schools currently assigned to this address in Pasco County, provided as neutral factual data. Assignments can change — confirm current zoning with the school district. This is not a statement about the home's suitability for any person or family.
Assigned schools per the MLS listing — assignments can change; confirm current zoning with the district. Browse school-zone pages →
Comparable recent sales
Recent closed sales nearby, with photos, so you can compare. Sold prices are public record, deemed reliable but not guaranteed.
No closely comparable recent sales were found in this data set.
Investment snapshot
Objective rental and cash-flow estimates for a buyer weighing this as an investment. Rough figures for general information only — not a guarantee of rent, an appraisal, or investment advice. Verify independently.
Buyer research checklist
Items worth confirming for 3431 Diamond Falls Circle, chosen from what the record shows. This is general guidance, not advice about this specific property.
- Built in 2012: confirm the roof and HVAC install dates and whether any builder or manufacturer warranty transfers.
- HOA dues are listed at $252/mo: request the current budget, reserves, and rules before relying on that figure or on any restriction.
- FEMA flood zone X: flood insurance is not usually required, but get a quote anyway — FEMA reports roughly one in four flood claims come from outside high-risk zones.
- Get a homeowners insurance quote for this specific address in Pasco County; a wind-mitigation inspection and, on older homes, a four-point inspection can change the premium.
- Waterfront: confirm seawall or dock condition and permits, and ask who owns and maintains the shoreline.
- Listed living area is 3,540 sq ft: verify it against the property appraiser's record and measure before relying on it.
- Order a survey to confirm lot boundaries and easements.
- Review permit history with the county.
- Property taxes: the estimate on this page (about $8,127/yr) assumes reassessment at the list price; the seller's homestead cap does not transfer, so their current bill is not a guide.
- School zoning shown here comes from district data and changes; confirm the assigned schools directly with the district before relying on them.
Approximate distances
Approximate drive times for general reference only.
Groceries, dining, and parks for this city — see the city guide.
Schools, taxes, and services are county-administered — see the county guide.
View →Amenities and HOA/CDD detail on the neighborhood guide.
View →Data sources & freshness
| Listing record | Stellar MLS, refreshed twice daily (last: September 26, 2026) |
| Community market stats | Stellar MLS closed sales, as of September 26, 2026 |
| Flood zone & elevation | FEMA flood maps + USGS elevation (Zone X shown above) |
| Taxes & monthly cost | Estimated from county rates; not a quote |
| Insurance figure | Modeled estimate; obtain a real quote before offering |
| Schools | 2025-26 district assignments; verify with the district |
Momentum Research lines are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Estimates are informational, not appraisals or advice. Methodology: how Momentum scores are computed.
Frequently asked questions
How big is 3431 Diamond Falls Circle and when was it built?
Per the listing record, 3431 Diamond Falls Circle was built in 2012 and has 3,540 sq ft of living area, 5 bedrooms and 4.5 bathrooms. Living area and lot size come from the MLS record and should be verified against the county property appraiser.
What community is 3431 Diamond Falls Circle in?
3431 Diamond Falls Circle is in Stonegate Ph 2 in Land O Lakes, Pasco County. The community section on this page shows recent closed sales, days on market, and active inventory for Stonegate Ph 2 from the same MLS data.
Does 3431 Diamond Falls Circle have an HOA, and how much are the dues?
The listing reports HOA dues of $252 per month. Dues, what they cover, and the community's rules should be confirmed from the association's current documents before relying on them.
Why might property taxes on 3431 Diamond Falls Circle differ from the current owner's?
The estimate on this page (about $8,127 per year) assumes reassessment at the list price. Florida's Save Our Homes rule caps annual assessment increases for homesteaded owners, and the assessment resets after a sale, so a new owner's bill may differ from the seller's. Any tax figure shown here is an estimate, not the actual bill — confirm with the county property appraiser and tax collector.
Is 3431 Diamond Falls Circle in a flood zone?
The FEMA flood map places this parcel in Zone X, outside the special flood hazard area, so flood insurance is not usually required by a lender. It is still available and worth quoting; confirm the parcel's status with FEMA and your insurer.
Can I rely on the figures on this page?
No. Estimated taxes, insurance, payments, and any market or comparable-sales summary are opinions and estimates for general information only and should not be relied upon. Verify all information independently before making any decision.
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Opinion & estimate — do not rely on this page. Any figure on this page that is not a verbatim fact from the listing or a public record — including estimated property taxes, insurance, CDD/HOA amounts, mortgage payments, comparable-sales summaries, and market statistics — is an opinion and estimate provided for general informational purposes only. These figures may be inaccurate or out of date, are not appraisals, valuations, or financial, legal, tax, or investment advice, and should not be relied upon. Do not make any purchase, offer, financing, or other decision based on this page. Independently verify everything — price, square footage, lot size, year built, taxes, CDD/HOA, flood status, school assignments, permits, and community rules — with the listing broker, the county, your lender, a licensed inspector, an insurer, and your own advisors before acting.
Estimate methodology. Tax estimates apply a typical county millage rate to the list price and will differ from the actual assessed bill. Cost and market figures are derived from available data and simple calculations, not a professional appraisal. We make no representation that any estimate reflects fair market value.
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MLS / IDX. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Stellar MLS Internet Data Exchange, as distributed by MLS GRID. Real estate listings held by brokerage firms other than Momentum Realty are marked with the listing broker's name and include the name of the listing agent. Data provided is deemed reliable but is not guaranteed by the MLS to be accurate. The information being provided is 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. Source: Stellar MLS, as distributed by MLS GRID. Listings courtesy of Stellar MLS as distributed by MLS GRID. All rights reserved.
Listing data is deemed reliable but is not guaranteed and is subject to change or withdrawal without notice. Square footage and lot size are approximate. Real estate brokerage services provided by Momentum Realty, licensed in Florida and Georgia. © 2026 Move With Momentum LLC.