Carpenters Run Phase Iv B
Homes for Sale in Lutz, FL

Community in Lutz · Pasco County
93 homesBuilt 1991–1995
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Built fromLive Stellar MLS data17 years of closingsFL DOR public recordsUpdated twice daily
Live · Carpenters Run Phase Iv B Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Ownership and context
64%
Owner-occupied · Carpenters Run Phase Iv B
60 of 93 parcels homesteaded (FL DOR 2025)
36%
Non-owner-occupied · Carpenters Run Phase Iv B
incl. 12% trust or LLC-held · 13% out-of-state
93
Homes in the community
93 residential parcels (FL DOR 2025)
Track record · 17 years of records
Est. 1991
Community established
homes built 1991-1995, median 1992 (FL DOR 2025)
0
Failed listings · 2009
peaked at 8 in 2008
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Carpenters Run Phase IV B is a small, single-phase pocket of 93 homes built in a tight window between 1991 and 1995, with a median build year of 1992. That kind of construction consistency means most of the value differentiation between listings here comes down to updates and maintenance rather than era or floor plan generation.

The homestead share sitting at just under two-thirds signals a community where a solid majority of owners have claimed the property as a primary residence, which typically points to longer average hold periods and less turnover churn than a rental-heavy or investor-heavy pocket. For a buyer, that usually means fewer listings to choose from at any given time and more weight on getting in front of a home the day it lists.

Best for

  • A buyer looking for a straightforward, no-frills subdivision in Lutz with consistent early-1990s construction.
  • Someone prioritizing a stable, low-turnover pocket where a majority of owners hold the property as a primary residence.
  • A buyer comfortable evaluating homes on individual condition and updates rather than shared community amenities.

Probably not for

  • Anyone whose search is built around a specific amenity package like a pool, clubhouse, or trail system.
  • A buyer wanting a wide range of architectural eras or floor plan generations to choose from within one subdivision.
  • Someone expecting a high volume of active listings at any given time, given the community's small, 93-home size.

The market around Carpenters Run Phase Iv B

Carpenters Run Phase Iv B is a small community — 18 recorded sales on file, most recently in 2009 — too few for its own price trend. Here is the market around it.

Across Pasco County, 4,307 homes are active and 1,258 pending (23% under contract).

Homes here are single family residence.

ZIP and county figures describe the wider market, not Carpenters Run Phase Iv B specifically. Momentum Research analysis of MLS records.

If we were buying in Carpenters Run Phase Iv B 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 Carpenters Run Phase Iv B.

Best Buy
Buyers who want a single-era home in an established Lutz subdivision without an HOA-driven amenity package.
Biggest Risk
With no identified amenities, this community offers no built-in lifestyle draw beyond the house itself.
Sweet Spot
A home near median size, around 1,739 square feet, that's been updated since its early-1990s build.
Avoid If
You are shopping specifically for a pool, clubhouse, or other amenity-anchored community.

One Build Era, One Story

With every home in Carpenters Run Phase IV B dating to a four-year construction window in the early 1990s, the community doesn't have the layered variety you'd find in a neighborhood built out over decades. That works in a buyer's favor when comparing homes: lot size, general layout era, and system age (roofs, HVAC, water heaters) are more likely to be roughly comparable across the 93 homes, which simplifies due diligence even when specific renovation histories vary.

The absence of listed community amenities in current MLS data means this isn't a pool-clubhouse-trail type of subdivision, at least not one with amenities marketed through MLS. Buyers drawn to this pocket are typically buying the house and the location, not a lifestyle package, and should treat any amenity claims from a listing agent as something to verify directly rather than assume.

The location and the amenities are priced into every listing in Carpenters Run Phase Iv B. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a subdivision this small, with only 93 homes and no amenity data feeding into the broader listing narrative, the real work is in comparable selection and knowing which of the recent sales in this specific phase actually match up on condition and updates. We pull the phase-level data directly rather than relying on broader Carpenters Run averages that could blend in other, non-comparable phases.

Carpenters Run Phase Iv B in 15 seconds.

Best forBuyers who want a single-era home in an established Lutz subdivision without an HOA-driven amenity package.
Biggest advantageConsistent build period across all 93 homes simplifies age and systems comparisons between listings.
Biggest riskWith no identified amenities, this community offers no built-in lifestyle draw beyond the house itself.
Sweet spotA home near median size, around 1,739 square feet, that's been updated since its early-1990s build.
Avoid ifYou are shopping specifically for a pool, clubhouse, or other amenity-anchored community.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

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 Carpenters Run Phase Iv B sales matched to your home.

What is your Carpenters Run Phase Iv B home worth?

Get a no-obligation home value based on real comparable sales in Carpenters Run Phase Iv B, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Recent Developments in Carpenters Run Phase Iv B

Development, infrastructure, retail, and school activity affecting Carpenters Run Phase Iv B, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.

  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 9 miles east of Carpenters Run Phase Iv B, 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 site is about 2 miles south of Carpenters Run Phase Iv B.

    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 4 miles southwest of Carpenters Run Phase Iv B.

    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 10 miles southeast of Carpenters Run Phase Iv B, elsewhere in Pasco County.

    Source: HCO News

Development alerts for Carpenters Run Phase Iv BGet a short monthly email when something new is approved, funded, or opens near Carpenters Run Phase Iv B.

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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.

Frequently Asked Questions

How many homes are in Carpenters Run Phase Iv B?
The Florida DOR 2025 assessment roll shows 93 homes in Carpenters Run Phase Iv B (public records).
What share of Carpenters Run Phase Iv B is owner-occupied?
64% of Carpenters Run Phase Iv B parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Carpenters Run Phase Iv B built?
Homes in Carpenters Run Phase Iv B were built between 1991 and 1995, with a median year built of 1992 (FL DOR 2025 roll).
Who is the best real estate agent for Carpenters Run Phase Iv B?
The best agent for Carpenters Run Phase Iv B is one who actively works Lutz 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 Carpenters Run Phase Iv B.
How do I find a top Lutz real estate agent who knows Carpenters Run Phase Iv B?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Carpenters Run Phase Iv B and the wider Lutz area.
Can Momentum Realty connect me with an agent for Carpenters Run Phase Iv B?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Carpenters Run Phase Iv B purchase or sale - no call center and no pressure.
A buyer looking for a straightforward, no-frills subdivision in Lutz with consistent early-1990s construction.Excellent fit
Someone prioritizing a stable, low-turnover pocket where a majority of owners hold the property as a primary residence.Excellent fit
A buyer comfortable evaluating homes on individual condition and updates rather than shared community amenities.Excellent fit
Anyone whose search is built around a specific amenity package like a pool, clubhouse, or trail system.Probably not
A buyer wanting a wide range of architectural eras or floor plan generations to choose from within one subdivision.Probably not
Someone expecting a high volume of active listings at any given time, given the community's small, 93-home size.Probably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (3 streets, ZIP 33559))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2009 (2 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.

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