Cypress Lakes Estates market snapshot (as of June 24, 2026): the median sale price is about $1.2M ($296 per sq ft), with homes averaging 34 days on market and 8.0 months of supply, a buyer-leaning market (limited data). Based on 3 recent closings in live Stellar MLS data.
Cypress Lakes Estates is an upscale lakefront single-family community off East Lake Road in the East Lake area of Tarpon Springs, in north Pinellas County. It sits within walking distance of the highly regarded East Lake High School, and that schools and location draw is a core part of the appeal (lipplyrealestate.com and tarponspringshomesonline.com guides, 2026).
Homes range roughly 3,000 to 5,000 plus square feet, most with four or more bedrooms, three baths, and three-car garages. Many have pools with screened enclosures and pond or conservation backdrops on oversized lots. The community was built in the early to mid 1990s, and many homes have already been remodeled (lipplyrealestate.com and tarponspringshomesonline.com, 2026).
Because this is an established enclave rather than active new construction, the money is made or lost on the specific lot, the size and updates of the individual home, and an honest read of any HOA and the flood and lake setback per parcel, not on a townwide average.
The pitch is a luxury lakefront setting with top-rated schools and an easy reach to north Pinellas life: the community is near beaches, parks, and the Tarpon Springs sponge docks (lipplyrealestate.com, 2026). The work is reading the lot premium, the condition of a 1990s home, and the fee and setback picture before you fall for the setting.
