Cypress Cove Sub Ph 2
Homes for Sale in Lutz, FL

Community in Lutz · Pasco County
149 homesBuilt 1979–2021
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Built fromLive Stellar MLS data16 years of closingsFL DOR public recordsUpdated twice daily
Live · Cypress Cove Sub Ph 2 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
2
Sold · last 12 mo
10-yr average: about 3 a year
Ownership and context
76%
Owner-occupied · Cypress Cove Sub Ph 2
114 of 149 parcels homesteaded (FL DOR 2025)
24%
Non-owner-occupied · Cypress Cove Sub Ph 2
incl. 11% trust or LLC-held · 8% out-of-state
0%
Cash buyers · Cypress Cove Sub Ph 2
0 of 3 sales, 12 mo ending June 2025
149
Homes in the community
149 residential parcels (FL DOR 2025)
Track record · 16 years of records
Est. 1979
Community established
homes built 1979-2021, median 1986 (FL DOR 2025)
2
Failed listings · 2026
peaked at 4 in 2014
1.3%/yr
Turnover rate
about 2 of 149 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Cypress Cove Sub Ph 2 is an established Lutz pocket where price is driven almost entirely by condition and updates rather than by any uniform product. With a build range spanning 1980 to 2021 and a median year built of 1986, most of the stock is older, and the spread in how these homes have been maintained and renovated is what separates one sale from the next. At a median of 1,714 living square feet, this is a modestly sized inventory — buyers should read each listing on its own merits, not on a subdivision average.

The homestead share sits near 79%, which tells you most owners live in their homes rather than renting them. That tends to mean turnover is measured and listings arrive one at a time rather than in waves. For a seller, condition and a clean update story carry the negotiation; for a buyer, patience matters, because at 91 homes the opportunity set is small and the right floor plan may not be on the market the week you start looking.

Best for

  • Buyers who want an established Lutz location and will evaluate homes on condition and updates rather than on age
  • Owner-occupants planning to stay, comfortable in a mostly owner-held community with measured turnover
  • Buyers targeting a compact, single-story-scale footprint around the 1,714-square-foot median and willing to wait for the right listing

Probably not for

  • Buyers who require new or near-new construction and modern systems throughout
  • Buyers needing significantly more than the median footprint here
  • Investors seeking quick inventory or high turnover, given the roughly 79% owner-occupied share

The market around Cypress Cove Sub Ph 2

Cypress Cove Sub Ph 2 is a small community — 31 recorded sales on file, most recently in 2026 — 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 Cypress Cove Sub Ph 2 specifically. Momentum Research analysis of MLS records.

If we were buying in Cypress Cove Sub Ph 2 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 Cypress Cove Sub Ph 2.

Best Buy
Buyers comfortable evaluating older homes on their individual condition rather than a uniform spec.
Biggest Risk
With only 91 homes, the right floor plan may not be available when you are ready.
Sweet Spot
An updated home near the 1,714-square-foot median that has already addressed age-related systems.
Avoid If
You need new construction or a large footprint on a fixed timeline.

An established pocket where updates set the price

The math here is straightforward: 91 homes, a median build year of 1986, and a footprint near 1,714 square feet. That older median means mechanicals, roofs, and kitchens vary widely from house to house, and a renovated home and an original-condition home can sit far apart on price even at similar square footage. The newer end of the range, reaching into 2021, exists but is the exception rather than the rule.

With roughly four in five homes owner-occupied, listings tend to reflect real use and real maintenance histories rather than investor churn. That is generally a stable posture, but it also thins the pipeline — a buyer set on a specific layout should be prepared to wait for the right one and move decisively when it appears.

The location and the amenities are priced into every listing in Cypress Cove Sub Ph 2. 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 91-home community where condition — not a price sheet — sets value, the work is in reading each home honestly against the last comparable sale. We track this Pasco pocket closely, we will tell you when an asking price reflects updates and when it is charging for them without delivering, and we will be candid when the inventory simply does not hold what you are looking for right now.

Cypress Cove Sub Ph 2 in 15 seconds.

Best forBuyers comfortable evaluating older homes on their individual condition rather than a uniform spec.
Biggest advantageA predominantly owner-occupied community with a compact, established inventory.
Biggest riskWith only 91 homes, the right floor plan may not be available when you are ready.
Sweet spotAn updated home near the 1,714-square-foot median that has already addressed age-related systems.
Avoid ifYou need new construction or a large footprint on a fixed timeline.

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 Cypress Cove Sub Ph 2 sales matched to your home.

What is your Cypress Cove Sub Ph 2 home worth?

Get a no-obligation home value based on real comparable sales in Cypress Cove Sub Ph 2, 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.

Frequently Asked Questions

How many homes are in Cypress Cove Sub Ph 2?
The Florida DOR 2025 assessment roll shows 149 homes in Cypress Cove Sub Ph 2 (public records).
What share of Cypress Cove Sub Ph 2 is owner-occupied?
76% of Cypress Cove Sub Ph 2 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Cypress Cove Sub Ph 2 built?
Homes in Cypress Cove Sub Ph 2 were built between 1979 and 2021, with a median year built of 1986 (FL DOR 2025 roll).
Do cash buyers compete in Cypress Cove Sub Ph 2?
Cash buyers took 0% of Cypress Cove Sub Ph 2 sales in the 12 months ending June 2025 (0 of 3 closings, Stellar MLS).
Who is the best real estate agent for Cypress Cove Sub Ph 2?
The best agent for Cypress Cove Sub Ph 2 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 Cypress Cove Sub Ph 2.
How do I find a top Lutz real estate agent who knows Cypress Cove Sub Ph 2?
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 Cypress Cove Sub Ph 2 and the wider Lutz area.
Can Momentum Realty connect me with an agent for Cypress Cove Sub Ph 2?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Cypress Cove Sub Ph 2 purchase or sale - no call center and no pressure.
Buyers who want an established Lutz location and will evaluate homes on condition and updates rather than on ageExcellent fit
Owner-occupants planning to stay, comfortable in a mostly owner-held community with measured turnoverExcellent fit
Buyers targeting a compact, single-story-scale footprint around the 1,714-square-foot median and willing to wait for the right listingExcellent fit
Buyers who require new or near-new construction and modern systems throughoutProbably not
Buyers needing significantly more than the median footprint hereProbably not
Investors seeking quick inventory or high turnover, given the roughly 79% owner-occupied shareProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (9 streets, ZIP 33549))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2010 (55 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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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 your area comps.

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CallFree valuation →
Thinking of selling in Cypress Cove Sub Ph 2? 2 recorded closings (window ending 2026-07-15). See the Pasco 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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