CHEVAL WEST VILLAGE 5B PH 1
Homes for Sale in LUTZ, FL

Community in LUTZ · Hillsborough County · ZIP 33558
130 homesBuilt 1997–2007Median sale $450K
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Built fromLive Stellar MLS data12 years of closingsFL DOR public recordsUpdated twice daily
Live · CHEVAL WEST VILLAGE 5B PH 1 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$450K
Median sold · 12 mo
$280/sf
Sold $/sqft · 12 mo
peak $280 in 2023
95.8%
Sale vs ask
Tempo
63days
Median DOM · closed
54 days at the 2015 low
3
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
74%
Owner-occupied · CHEVAL WEST VILLAGE 5B PH 1
96 of 130 parcels homesteaded (FL DOR 2025)
26%
Non-owner-occupied · CHEVAL WEST VILLAGE 5B PH 1
incl. 6% trust or LLC-held · 8% out-of-state
33%
Cash buyers · CHEVAL WEST VILLAGE 5B PH 1
1 of 3 sales, 12 mo ending June 2026
130
Homes in the community
130 residential parcels (FL DOR 2025)
Track record · 12 years of records
Est. 1997
Community established
homes built 1997-2007, median 2001 (FL DOR 2025)
0
Failed listings · 2025
peaked at 12 in 2007
1,765sqft
Median sold home size
12-mo windows, closed sales
2.3%/yr
Turnover rate
about 3 of 130 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Cheval West Village 5B Ph 1 is a small enough slice of the broader Cheval community that the MLS data set here is thin — the current closings window shows essentially a single transaction, which is not enough to draw a reliable pricing trend. Anyone quoting a firm price range for this specific phase right now is guessing beyond what the data supports.

That thinness cuts both ways. For a seller, it means there is no recent comp cluster to anchor against, so pricing has to be built from the subject property's own condition and finishes rather than a stack of similar recent sales. For a buyer, it means negotiating leverage depends more on the seller's specific motivation than on a competitive multiple-offer pattern, since there simply is not enough recent activity to establish one.

The 60-Second Overview

CHEVAL WEST VILLAGE 5B PH 1 market snapshot (as of August 2, 2026): the median sale price is about $450K ($280 per sq ft over the trailing 12 months of closed sales), and a median 63 days on market for closed sales.

CHEVAL WEST VILLAGE 5B PH 1 is a community of 130 homes in LUTZ, Hillsborough County, built between 1997 and 2007 (median 2001.0), with a median living area of about 2,258 square feet. 74% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Cheval West Village 5B Ph 1 sits within the larger Cheval master plan in Lutz, Hillsborough County, but current MLS listings for this specific phase do not surface a defined amenity package — anything attached to this address, from community pools to gated access, needs to be confirmed at the HOA or subdivision level rather than assumed from the broader Cheval name.

Best for

  • Buyers targeting the Cheval area in Lutz who are willing to verify this specific phase's HOA terms and amenities directly rather than assume them
  • Buyers comfortable making an offer without a deep recent-comp trail, relying instead on a condition-based valuation
  • Sellers with a longer timeline who understand pricing here will be built from the property itself, not a stack of nearby recent sales

Probably not for

  • Buyers who want a clear, data-backed price range before writing an offer
  • Anyone assuming this phase automatically includes the same amenities as the broader Cheval community without confirming
  • Sellers expecting a fast, comp-driven listing price with strong recent-sale support

Windows contain 0 to 6 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2014 through 2026. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
02462014201620182020202220242026
0 to 6 a year; 3 in the current window.
Sellers who gave up · failed listings per year
0510200620082010201420162018202220242025
Canceled, expired, or withdrawn. 12 quit in 2007; 0 so far in 2025. The clearest stress gauge a community has.
How much local inventory is already under contract

28% of homes for sale in ZIP 33558 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-08-01).

If we were buying in CHEVAL WEST VILLAGE 5B PH 1 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 CHEVAL WEST VILLAGE 5B PH 1.

Best Buy
A buyer or seller willing to do phase-specific homework rather than lean on a headline market stat.
Biggest Risk
The data set is too thin right now to support a confident price trend or amenity claim for this exact phase.
Sweet Spot
Buyers focused on the Cheval area generally, who are prepared to verify this phase's specifics rather than assume them.
Avoid If
You need a well-populated recent sales history to benchmark price before you commit.

A phase with too little data to trend

When a village or phase inside a larger community shows only a single closing in the recent window, it is a signal about liquidity, not about desirability. Owners here are not turning over often, which can mean long hold periods, or it can simply mean the phase is small. Either way, a buyer or seller should not lean on a headline median or trend line pulled from this slice alone — it has to be read alongside the wider Cheval market to mean anything.

The amenity picture is similarly incomplete from the listing data itself. Cheval as a broader community is known for golf and club-style amenities in other sections, but nothing in the current MLS record confirms what 5B Ph 1 specifically has access to or pays into. That is a due-diligence item, not a marketing point — get the HOA documents and amenity map before assuming anything transfers with the address.

The location and the amenities are priced into every listing in CHEVAL WEST VILLAGE 5B PH 1. 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 phase this thin on recent closings, the value of a broker is less about reciting a trend line and more about knowing which underlying data to pull — HOA documents, plat-level amenity access, and comparable sales from adjacent Cheval villages — before a number ever gets attached to an offer or a listing price.

CHEVAL WEST VILLAGE 5B PH 1 in 15 seconds.

Best forA buyer or seller willing to do phase-specific homework rather than lean on a headline market stat.
Biggest advantageThe location inside the broader Cheval footprint in Lutz, regardless of what this specific phase's own data shows.
Biggest riskThe data set is too thin right now to support a confident price trend or amenity claim for this exact phase.
Sweet spotBuyers focused on the Cheval area generally, who are prepared to verify this phase's specifics rather than assume them.
Avoid ifYou need a well-populated recent sales history to benchmark price before you commit.

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 CHEVAL WEST VILLAGE 5B PH 1 sales matched to your home.

What is your CHEVAL WEST VILLAGE 5B PH 1 home worth?

Get a no-obligation home value based on real comparable sales in CHEVAL WEST VILLAGE 5B PH 1, 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 Cheval West Village 5b Ph 1

Development, infrastructure, retail, and school activity affecting Cheval West Village 5b Ph 1, 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

    33-story tower planned for Water Street Tampa expansion

    Strategic Property Partners plans a 33-story mixed use tower at Water Street and Cumberland Avenue in downtown Tampa on a 1.9-acre site. The building would hold 452 residential units ranging from studios to three bedrooms plus about 37,000 square feet of retail and 645 parking spaces. Construction is scheduled to begin in spring 2027 with completion targeted for 2029.

    What it may mean for the marketAdds a 33 story tower with 452 residential units and ground floor retail to the downtown Tampa market, continuing the buildout of the Water Street district and expanding high rise housing supply. The project is about 13 miles south of Cheval West Village 5b Ph 1, elsewhere in Hillsborough County.

    Source: Florida YIMBY
  2. July 2026
    Development

    Mercy Oaks II affordable apartments open on North Florida Avenue

    Catholic Charities, with the City of Tampa and Hillsborough County, completed Mercy Oaks II, a 17-unit affordable apartment building on North Florida Avenue in East Tampa built on the site of a former strip mall. The project includes 15 one-bedroom and two two-bedroom units, with seven units serving households up to 80 percent of area median income and ten up to 50 percent. It was supported by 1.25 million dollars in state SHIP funds from the city and sits next to the 20-unit Mercy Oaks I completed in 2022.

    What it may mean for the marketAdds 17 income restricted apartments on a former strip mall site, expanding the affordable rental supply and converting vacant commercial land to housing. The project is about 8 miles south of Cheval West Village 5b Ph 1, elsewhere in Hillsborough County.

    Source: City of Tampa
  3. July 2026
    Builder Activity

    First 3D-printed affordable home nears completion in East Tampa

    The nonprofit Corporation to Develop Communities of Tampa is completing Tampa's first 3D-printed affordable home on Lurline Circle in East Tampa, using a gantry-style printer that layers concrete for the walls. The house is expected to be finished within weeks and listed for sale in about two months, with down payment assistance and first time homebuyer programs available. The effort is part of a broader CDC initiative that includes more than 90 multifamily units in East Tampa.

    What it may mean for the marketIntroduces 3D concrete printing construction to the local for sale housing market, with a new single family home and additional multifamily units planned. The method signals a new building technique entering the area home supply. The project is about 11 miles south of Cheval West Village 5b Ph 1, elsewhere in Hillsborough County.

    Source: Bay News 9
  4. 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 12 miles north of Cheval West Village 5b Ph 1.

    Source: WUSF

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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

What is the median home price in CHEVAL WEST VILLAGE 5B PH 1?
The median sale price in CHEVAL WEST VILLAGE 5B PH 1 was $450K over the 12 months ending August 2, 2026 (3 closed sales, Stellar MLS).
How long do homes in CHEVAL WEST VILLAGE 5B PH 1 take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 63 days on market (3 sales, Stellar MLS).
How many homes are in CHEVAL WEST VILLAGE 5B PH 1?
The Florida DOR 2025 assessment roll shows 130 homes in CHEVAL WEST VILLAGE 5B PH 1 (public records).
What share of CHEVAL WEST VILLAGE 5B PH 1 is owner-occupied?
74% of CHEVAL WEST VILLAGE 5B PH 1 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in CHEVAL WEST VILLAGE 5B PH 1 built?
Homes in CHEVAL WEST VILLAGE 5B PH 1 were built between 1997 and 2007, with a median year built of 2001.0 (FL DOR 2025 roll).
Do cash buyers compete in CHEVAL WEST VILLAGE 5B PH 1?
Cash buyers took 33% of CHEVAL WEST VILLAGE 5B PH 1 sales in the 12 months ending June 2026 (1 of 3 closings, Stellar MLS).
Who is the best real estate agent for CHEVAL WEST VILLAGE 5B PH 1?
The best agent for CHEVAL WEST VILLAGE 5B PH 1 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 CHEVAL WEST VILLAGE 5B PH 1.
How do I find a top LUTZ real estate agent who knows CHEVAL WEST VILLAGE 5B PH 1?
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 CHEVAL WEST VILLAGE 5B PH 1 and the wider LUTZ area.
Can Momentum Realty connect me with an agent for CHEVAL WEST VILLAGE 5B PH 1?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your CHEVAL WEST VILLAGE 5B PH 1 purchase or sale - no call center and no pressure.
Buyers targeting the Cheval area in Lutz who are willing to verify this specific phase's HOA terms and amenities directly rather than assume themExcellent fit
Buyers comfortable making an offer without a deep recent-comp trail, relying instead on a condition-based valuationExcellent fit
Sellers with a longer timeline who understand pricing here will be built from the property itself, not a stack of nearby recent salesExcellent fit
Buyers who want a clear, data-backed price range before writing an offerProbably not
Anyone assuming this phase automatically includes the same amenities as the broader Cheval community without confirmingProbably not
Sellers expecting a fast, comp-driven listing price with strong recent-sale supportProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (3 streets, ZIP 33558))
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-sale records back to 2014 (23 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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Thinking of selling in CHEVAL WEST VILLAGE 5B PH 1? 3 recorded closings; median 63 days on market (window ending 2026-08-02). See the Hillsborough County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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