Cypress Lakes Estates
Homes for Sale in Tarpon Springs, FL

This is a low-turnover, larger-footprint community where homestead occupancy sits at roughly 80.7%, suggesting most owners are settled in for the long term rather than cycling through as rentals or quick flips.

Stellar MLS sales records identify 32 homes in Cypress Lakes Estates that have changed hands since 2012, built between 1988 and 2023 (median 1997), with a median living area of about 4,413 sq ft and a typical 4-bedroom, 4-bath layout; 100% 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.

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.

Cypress Lakes Estates is too small for its own price trend, so here is the market around it.

In ZIP 34688, 70 homes are on the market and 19% are under contract — a steady corner of Tarpon Springs.

Across Pinellas County, 6,628 homes are active and 1,729 pending (21% under contract).

In ZIP 34688 (TARPON SPRINGS), 275 homes closed in the last 12 months at a median of $248K ($192/sq ft), up 3.6% year over year, with a median 39 days on market. Right now 35 active and 9 pending listings put supply at about 5.8 months - a balanced market. See the live ZIP 34688 housing market and the Pinellas County market.

ZIP and county figures describe the wider market, not Cypress Lakes Estates specifically. Momentum Research analysis of MLS records.

• Brooker Creek Elementary-PN · Elementary
• Tarpon Springs Middle-PN · Middle
• East Lake High-PN · High

Zoned schools reflect the assignments reported on recent Cypress Lakes Estates listings and can change; always confirm with Pinellas County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Cypress Lakes Estates address.

With only 57 homes total and just 2 currently listed, Cypress Lakes Estates trades infrequently. That scarcity is the defining feature of the market here - it is not a subdivision where you can shop five comparable listings side by side. Buyers need to be ready to move when something in their range and condition tolerance comes up, and sellers should expect a longer marketing runway given the 12.0 months of supply.

The HOA framework here is oriented around a consistent, low-maintenance streetscape: deed restrictions, fence restrictions, vehicle restrictions, and a no truck/RV/motorcycle parking policy, plus security lighting and reclaimed water irrigation. Golf carts are permitted, which fits the community's layout. None of this is unusual for a deed-restricted community of this vintage, but buyers who want to store a boat, RV, or work truck on-site will want to confirm allowances directly with the HOA before writing an offer.

In a community with only 2 active listings, off-market awareness and a fast, well-prepared offer matter more than usual. We track this pocket of Tarpon Springs closely enough to flag a listing the moment it surfaces, and we can help you read a 4,630-square-foot floor plan against a build date that could be anywhere from 1988 to 2023 - the age spread alone changes what an inspection needs to focus on.

Listings in this community report association dues of about $64 per month ($768 a year) - the median AssociationFee across 6 MLS records, normalised to a monthly figure; most are billed annually. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.