Asbel Creek market snapshot (as of June 24, 2026): the median sale price is about $350K ($177 per sq ft), with homes averaging 55 days on market and 2.5 months of supply, a balanced market. Based on 24 recent closings in live Stellar MLS data.
Asbel Creek is an established single-family home community in Land O Lakes, just off U.S. 41 in Pasco County (community real estate guides, 2026). It was developed across the mid-2000s with buildout reported around 2011, so the homes are seasoned rather than brand new, and the streets, trees, and landscaping have matured into a settled neighborhood feel.
Most of the homes were built by Westfield Homes, a builder later absorbed into Standard Pacific and then Lennar (community real estate guides, 2026). The stock is conventional single-family, generally 3 to 4 bedrooms and 2 to 3 baths, across a wide size range from compact plans to homes well over 3,000 square feet. Confirm the exact builder, year, square footage, and bedroom count for any specific home, since the MLS may tag a listing as ASBEL CRK PH 2 within the same Asbel Creek community.
The financial structure is the headline. Asbel Creek is reported to carry a low HOA that covers common-area upkeep and the community amenities, with no CDD assessment, which keeps the monthly carrying cost lower than many newer Pasco communities that layer a CDD bond on top of the HOA. Verify the current dues, what they include, and the no-CDD status on the listing and the tax record for the exact address before you rely on it.
The lot is where value separates inside the neighborhood. Many homesites back to a lake or to conservation, and those premium lots tend to hold value better than interior lots on the street. The location does the rest: off U.S. 41 with quick access to the widened State Road 52 corridor and a manageable drive south toward Tampa, near everyday shopping, schools, and services.