Banjo Lake
Homes for Sale in Land O Lakes, FL
True comps, carrying-cost math, and listings before the portals.
Nearby homes for sale
No active listings inside Banjo Lake 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.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
As of October 2026, the MLS records 22 closed sales in Banjo Lake Land O Lakes in Land O Lakes, FL since 2024, the most recent in January 2026. Across Land O Lakes as a whole, 1,104 homes closed in the last 12 months at a median of $394,990, 43 median days on market, with 480 homes for sale today. At that median and Pasco County's FY2025-26 rate of 16.15 mills, annual property tax runs about $6,380 ($5,730 with the full homestead exemption).
The market around Banjo Lake
Banjo Lake is too small for its own price trend, so here is the market around it.
In ZIP 34639, 112 homes are on the market and 22% are under contract — a steady corner of Land O Lakes.
Across Pasco County, 4,213 homes are active and 1,214 pending (22% under contract).
ZIP and county figures describe the wider market, not Banjo Lake specifically. Momentum Research analysis of MLS records.
Life at Banjo Lake
- Deed Restrictions · reported on 3 of 3 listings
- Playground · reported on 1 of 3 listings
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
- Pasco County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Pine View Elementary School (verify by address)FLDOE grade A · Public
- Pine View Middle School (verify by address)FLDOE grade A · Public
- Land O' Lakes High School (verify by address)FLDOE grade A · Public
Grades are official Florida Department of Education school grades for 2025-26. Assignments are reported as of the 2025-26 year 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 Banjo Lake address.
Recent Developments in Banjo Lake
Development, infrastructure, retail, and school activity affecting Banjo Lake, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- August 2026Development
Proposal would convert Port Richey hotel into 122 apartments
HCM Hospitality seeks a rezoning to convert the 156-room La Vista Inn at 11736 U.S. 19 on 4.54 acres into a 122-unit apartment community. The Pasco County Planning Commission unanimously recommended approval with conditions, and the item goes next to the County Commission.
What it may mean for the marketAdaptive reuse would add rental housing along the U.S. 19 corridor without new traffic beyond existing entitlements. The project is about 17 miles west of Banjo Lake, elsewhere in Pasco County.
Source: Tampa Bay Business and Wealth - July 2026Development
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 8 miles northeast of Banjo Lake, elsewhere in Pasco County.
Source: Florida YIMBY - April 2026Development
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 site is about 4 miles north of Banjo Lake.
Source: Tampa Bay Times - January 2026Development
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 7 miles northwest of Banjo Lake.
Source: WUSF - January 2026Development
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 site is about 6 miles east of Banjo Lake.
Source: HCO News
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.
The Banjo Lake buying strategy.
If we were buying in Banjo Lake today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Banjo Lake.
A closer look at the Banjo Lake market
The housing stock is 59 homes built between 1972 and 2024, and 58% 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 Banjo Lake. The deal is won or lost on condition, the comps, and the renovation math.
Tools for a Banjo Lake buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Banjo Lake sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Banjo Lake, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Banjo Lake home worth?
Get a no-obligation home value based on real comparable sales in Banjo Lake, 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 homes for sale in Banjo Lake on the map →
| Location | Land O Lakes, Pasco County, FL · ZIP 34639 |
|---|---|
| Homes in the community | 59 (FL DOR 2025 assessment roll) |
| Years built | 1972–2024 (median 2024.0) |
| Typical living area | 1,410 sq ft (median) |
| Amenities listed by sellers | Deed Restrictions, Playground |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 58% |
| Zoned public schools | Pine View Elementary School (verify by address) (A, FLDOE 2025-26); Pine View Middle School (verify by address) (A, FLDOE 2025-26); Land O' Lakes High School (verify by address) (A, FLDOE 2025-26) |
Data as of September 20, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2024 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Banjo Lake key facts,” movewithmomentum.com/neighborhoods/banjo-lake-land-o-lakes, data as of September 20, 2026.
Housing distress & ownership in Banjo Lake Land O Lakes, Land O Lakes
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
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 October 2026 through October 2026. Deemed reliable but not guaranteed.
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Land O Lakes guides & data
- Market data
- Cost of living
- Best neighborhoods
- Flood zones
- Property taxes (Pasco County)
- Homestead exemption (Pasco County)
- Home insurance cost
- New construction
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
Real estate agent in Land O Lakes? Join Momentum in Land O Lakes: 100% commission, one $12K cap.
Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Banjo Lake Road (18 homes on record)
Email me new listings in Banjo Lake
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Banjo Lake
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Banjo Lake will answer, and the answer is published on this page for the next buyer.
Frequently Asked Questions
How many homes are in Banjo Lake?
What share of Banjo Lake is owner-occupied?
When were the homes in Banjo Lake built?
What schools serve Banjo Lake?
Who is the best real estate agent for Banjo Lake?
How do I find a top Land O Lakes real estate agent who knows Banjo Lake?
Can Momentum Realty connect me with an agent for Banjo Lake?
Where is Banjo Lake, and what county is it in?
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: October 19, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 34639)) |
| Under-contract shares | Stellar MLS records, as of 2026-09-20 |
| Schools | 2025-26 district assignments + FLDOE school grades; verify with the district |
| Historical depth | Closed-sale records back to 2024 (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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See how Banjo Lake Land O Lakes fits the bigger picture — live prices, inventory, and Momentum Scores:
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