Estates Of Lake Alice
Homes for Sale in Odessa, FL

Community in Odessa · Hillsborough County · ZIP 33556
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Built fromLive Stellar MLS data19 years of closingsUpdated twice daily

As of September 2026, the MLS records 4 closed sales in Estates Of Lake Alice in Odessa, FL since 2007, the most recent in April 2025. Across Odessa as a whole, 221 homes closed in the last 12 months at a median of $685,000, 40 median days on market, with 53 homes for sale today. At that median and Hillsborough County's FY2025-26 rate of 15.73 mills, annual property tax runs about $10,770 ($10,150 with the full homestead exemption).

Jon Brooks, founder of Momentum Realty
Jon's Current Read

Estates Of Lake Alice doesn't come with a published amenity package in the current MLS data, which tells you something important: pricing here is going to be driven almost entirely by the individual home and lot, not by a shared clubhouse or gate fee. That's a different pricing conversation than a typical amenitized community, and it means comparable sales inside the neighborhood matter more than any community-wide narrative.

For a buyer or seller right now, the practical takeaway is that this is a community where you do the homework at the property level. There isn't a standard HOA amenity line to anchor value against, so the read on any given listing has to come from the home's condition, lot, and recent activity nearby in Odessa rather than a community brochure.

The 60-Second Overview

Estates Of Lake Alice sits in Odessa, in Hillsborough County, near its namesake lake. Current MLS listing data does not identify a specific set of community amenities, so this reads as a lower-profile enclave rather than an amenity-driven development.

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.

Best for

  • Buyers prioritizing the Odessa location and Lake Alice setting over a formal amenity package
  • Buyers comfortable evaluating a home primarily on its own lot and condition
  • Buyers who want to skip HOA-heavy communities and their associated fee structures

Probably not for

  • Buyers who want a documented clubhouse, pool, or recreational amenity as part of the purchase
  • Buyers who prefer to lean heavily on standardized community-wide amenity comparisons
  • Buyers expecting an HOA-run amenity budget to factor into monthly costs

The market around Estates Of Lake Alice

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

In ZIP 33556, 246 homes are on the market and 26% are under contract — a steady corner of Odessa.

Across Hillsborough County, 6,274 homes are active and 1,939 pending (24% under contract).

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

Recent Developments in Estates Of Lake Alice

Development, infrastructure, retail, and school activity affecting Estates Of Lake Alice, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.

Dev Momentum69/100 · Active
  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 20 miles southwest of Estates Of Lake Alice, 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 16 miles southwest of Estates Of Lake Alice, 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 16 miles southwest of Estates Of Lake Alice, elsewhere in Hillsborough County.

    Source: Bay News 9
  4. January 2026
    Development

    Flagship breaks ground on 46,000-square-foot Wiregrass Ranch Medical Pavilion in Wesley Chapel

    Flagship Healthcare Properties broke ground in January 2026 on a 46,000-square-foot medical pavilion at Wiregrass Ranch in Wesley Chapel, adding outpatient medical space to the growing State Road 56 corridor.

    What it may mean for the marketAdded outpatient medical space along the State Road 56 corridor deepens healthcare access and professional employment in Wesley Chapel, an amenity factor that can support nearby housing demand. The site is about 5 miles west of Estates Of Lake Alice.

    Source: HCO News

Development alerts for Estates Of Lake AliceGet a short monthly email when something new is approved, funded, or opens near Estates Of Lake Alice.

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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.

If we were buying in Estates Of Lake Alice 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 Estates Of Lake Alice.

Best Buy
Buyers who want a specific home and lot in Odessa without expecting a packaged amenity community.
Biggest Risk
The lack of listed amenities means less standardized data to lean on when comparing homes.
Sweet Spot
Buyers focused on the Lake Alice location itself rather than clubhouse or recreational extras.
Avoid If
You're specifically shopping for a community with an established amenity package and HOA-run facilities.

A community that doesn't advertise itself

Some communities sell themselves through a gate, a clubhouse, or a resort-style pool listed on every flyer. Estates Of Lake Alice isn't one of them, at least not based on what's showing up in current MLS records. No community amenities are identified in the listing data, which usually means one of two things: either the neighborhood is a smaller or older enclave built around its homesites and the lake itself rather than shared facilities, or the amenity information simply hasn't been consistently entered into listings.

Either way, the sensible move for a buyer is to treat this as a location-and-home decision first. The Odessa setting and the Lake Alice name carry the identity here; the value case for any specific address needs to be built from the home's own features, its lot, and its condition, not assumed HOA perks.

The location and the amenities are priced into every listing in Estates Of Lake Alice. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

When a community's public listing data is this thin on amenities, the diligence has to happen off the MLS page. We pull deed restrictions, HOA documents where they exist, and recent local sales in Odessa to give you a grounded read on what a home in Estates Of Lake Alice is actually worth and what, if anything, it's connected to beyond its own lot lines.

Estates Of Lake Alice in 15 seconds.

Best forBuyers who want a specific home and lot in Odessa without expecting a packaged amenity community.
Biggest advantageValue here is tied to the individual property, not a shared community fee structure.
Biggest riskThe lack of listed amenities means less standardized data to lean on when comparing homes.
Sweet spotBuyers focused on the Lake Alice location itself rather than clubhouse or recreational extras.
Avoid ifYou're specifically shopping for a community with an established amenity package and HOA-run facilities.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • 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 Estates Of Lake Alice sales matched to your home.

What is your Estates Of Lake Alice home worth?

Get a no-obligation home value based on real comparable sales in Estates Of Lake Alice, 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.
Buyers prioritizing the Odessa location and Lake Alice setting over a formal amenity packageExcellent fit
Buyers comfortable evaluating a home primarily on its own lot and conditionExcellent fit
Buyers who want to skip HOA-heavy communities and their associated fee structuresExcellent fit
Buyers who want a documented clubhouse, pool, or recreational amenity as part of the purchaseProbably not
Buyers who prefer to lean heavily on standardized community-wide amenity comparisonsProbably not
Buyers expecting an HOA-run amenity budget to factor into monthly costsProbably not

Data sources & freshness

Under-contract sharesStellar MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2007 (4 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 local comps.

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