Crescent Lake
Homes for Sale in St Petersburg, FL

Crescent Lake Rev is an older, well-established pocket of St Petersburg with roughly 1,142 homes and a build history reaching back to 1901. It reads as a place with a long tenure and mixed vintage rather than a uniform subdivision.

Stellar MLS sales records identify 28 homes in Crescent Lake that have changed hands since 2005, built between 1920 and 2019 (median 1948), with a median living area of about 1,754 sq ft and a typical 3-bedroom, 2-bath layout; 79% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

County records show 141 qualified sales in Crescent Lake across 2024–2025 (85 in 2024, 56 in 2025), median $850,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Crescent Lake is too small for its own price trend, so here is the market around it.

In ZIP 33701, 240 homes are on the market and 16% are under contract — a slower corner of St Petersburg.

Across Pinellas County, 6,539 homes are active and 1,627 pending (20% under contract).

In ZIP 33701 (St Petersburg), 237 homes closed in the last 12 months at a median of $1.39M ($861/sq ft), up 299.8% year over year, with a median 26 days on market. Right now 116 active and 14 pending listings. See the live ZIP 33701 housing market and the Pinellas County market.

ZIP and county figures describe the wider market, not Crescent Lake specifically. Momentum Research analysis of MLS records.

The defining fact of Crescent Lake Rev is age. A median year built around 1938 and a range opening in 1901 means much of the inventory predates modern construction norms, while a scattering of homes built as recently as 2024 signals ongoing infill and rebuilds. Median living space sits near 1,908 square feet, so these are not tight cottages on average, but the interior reality varies enormously with how each home has been maintained or reworked.

Because the single price signal we have is the median, treat everything below and above it as condition-driven rather than tier-driven. A home that has had its roof, electrical, and plumbing addressed will sit in a very different place than an original-condition equivalent next door. This is a market to underwrite home by home, with inspection findings and renovation history doing the heavy lifting on value.

In a neighborhood this old and this varied, the value question is really a condition question, and that is where we earn our keep. We read renovation quality, flag the systems that matter in pre-1940 construction, and price against comparable condition rather than headline square footage. Whether you are buying or selling, we will tell you plainly where a home sits on that spectrum.