Banjo Lake market snapshot (as of June 25, 2026): the median sale price is about $265K ($191 per sq ft), a buyer-leaning market (limited data). Based on 3 recent closings in live Stellar MLS data.
Banjo Lake is a townhome community built by Starlight Homes on Banjo Lake Road in Land O' Lakes, in central Pasco County between Interstate 75 and the Suncoast Parkway (Starlight Homes and new-home listing guides, 2026). New-home and listing sources describe it as a recently completed community of attached townhomes that delivered in 2024 and has since reached a sold-out status from the builder.
Listing and builder guides describe two and three bedroom townhome floor plans starting around 1,386 square feet, an entry-tier attached product positioned for buyers who want new construction at an accessible price point (Starlight Homes listing guides, 2026). Starlight Homes is the value-focused brand within the Ashton Woods family, so the finishes and feature set are oriented to affordability; confirm the exact plan, square footage, and included features for any specific unit.
Because this is one recently built community, the money is made or lost on the unit and the association, not on a townwide average. The drivers are the monthly HOA dues and what they cover, whether a Community Development District (CDD) assessment applies, the build quality and any remaining builder warranty, and the specific unit location within the community, all of which should be read from the current association documents and confirmed with the listing.
The pitch is an accessible new-construction townhome in a central Pasco location: the State Road 54 corridor, the Tampa Premium Outlets, and access to the Suncoast Parkway and Interstate 75 are all close, with downtown Tampa and Tampa International Airport a manageable drive south. The work is the diligence: read the HOA budget, confirm any CDD, check the build and warranty, and weigh the SR 54 traffic picture against the convenience before you buy.
