Gracewood at River Ridge in New Port Richey

Gracewood at River Ridge Homes for Sale in New Port Richey, FL

Gated custom homes · Pasco County · ZIP 34655

A gated community of larger custom single-family homes in the River Ridge area of New Port Richey, set on spacious, often conservation-backed lots.

Gated custom homesConservation-backed lotsRiver Ridge schools nearby

Live Market Pulse

58/100
Momentum

Balanced Market (limited data)

Gracewood is a custom-home community, so the read is the lot, conservation versus interior, the home condition, and the renovation level, plus the HOA, any CDD, and the flood zone per home, not a single community average.

Free · No obligation

Unlock Off-Market Gracewood

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Stellar MLS data14 years of closingsLocal renovation analysisUpdated twice daily

LiveMarket PulseStellar MLS

$580K

Median Price

0mo

Supply

n/a

Avg DOM

Balanced

Seller Leverage

$238/sf

Median $/Sqft

n/a

1-Yr Price Change

0now

Distress

Jon's Current Read

"Gracewood at River Ridge is a gated community of larger custom single-family homes in the River Ridge area of New Port Richey, where the homes run roughly 2,000 to 5,600 square feet with 3 to 5 bedrooms and many sit on spacious, often conservation-backed lots with screened pools and spas. In a custom-home community like this, the spread between homes is wide, so the lot, conservation versus interior, the condition of the home, and the level and quality of any renovation are what actually move your number, far more than the community name. The gated setting, the larger lots, and the proximity to River Ridge schools and the Starkey Wilderness Preserve are the draw; the HOA budget and reserves, any CDD, and the flood zone for the specific home are the diligence. Inland River Ridge sits back from the coastal strip, but the flood read should still be confirmed per home."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Gracewood at River Ridge market snapshot (as of June 24, 2026): the median sale price is about $580K ($238 per sq ft), a balanced market (limited data). Based on 2 recent closings in live Stellar MLS data.

Gracewood at River Ridge sits in the River Ridge area of New Port Richey, in the 34655 ZIP, a gated community of larger custom single-family homes on spacious, often conservation-backed lots well inland from the Gulf coastline.

Floor plans run roughly 2,000 to 5,600 square feet with 3 to 5 bedrooms, and many homes feature screened pools with spas and upscale finishes, so the inventory is varied rather than uniform, and condition and renovation level differ widely from home to home.

The community is near River Ridge schools, the Starkey Wilderness Preserve and its bike trail, shopping, and major roads, with the Gulf beaches and Tampa a drive away, which gives it a quieter, nature-adjacent feel while keeping regional access reasonable.

Because this is a gated custom-home community, the honest read is the lot first, conservation versus interior, then the home condition and the renovation level, and finally the association picture: confirm the HOA dues and reserves, whether a CDD applies, and the flood zone and insurance for the specific home.

Quick Match

Who Gracewood is best for.

Best for

Buyers who want a larger custom single-family home on a spacious, gated lot
Buyers who value a conservation-backed lot and a quieter, nature-adjacent setting
Buyers drawn to the River Ridge schools and the Starkey Wilderness Preserve and trail
Buyers comfortable underwriting the lot, the condition, and the renovation level home by home

Probably not for

Buyers who want a uniform production-builder subdivision with predictable comps
Anyone unwilling to confirm the HOA, any CDD, and the flood zone per home
Buyers who want to be within walking distance of the Gulf beaches
Buyers seeking the lowest-maintenance, smallest-footprint home in the area

Market Pulse

How Gracewood is performing right now

58/100
momentum

Balanced Market (limited data)

Seller's marketBalancedBuyer's market

0Months of supplytight

72Median days on marketdays

3 : 0Under contract vs for salestrong demand

2Sold in last 12 monthsliquidity

+127%Median price since 2012appreciation

+0%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from Stellar MLS, as of June 24, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Gracewood listings and the trailing twelve months of closed sales.

Where prices are going$850K2026 YTD

Median sale price by year. Tap a label to compare Deerwood at River Ridge or New Port Richey. The 1-year price change is the median sold price over the most recent year versus the prior year, the same measure most listing sites and local Realtor reports use. It reflects the mix of homes that sold, not the change in any single home's value, which is why median price per square foot is shown alongside it to adjust for home size. In thinly traded neighborhoods, where a sale or two can swing the median, we lead with the mix-resistant price-per-square-foot trend instead.

Price per square foot$3072026 YTD

Median $/sqft by year. 2026 is year to date.

Supply and demand now0 : 3active : pending

For sale0

Pending3

Sold 12mo2

Active and pending listings now vs homes sold in the last 12 months.

8.6A- score

Momentum intelligence

Momentum buy score

Our proprietary read on how a home in Gracewood at River Ridge buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Gracewood

Live MLS inventory for Gracewood at River Ridge. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

10019 Burbank Court home for sale in Gracewood at River Ridge

Pending · 31 days

$639,900

4 bd · 3.5 ba · 3,018 sqft · built 1992

10019 Burbank Court, NEW PORT RICHEY, 34654

Listed by SIGNATURE REALTY ASSOCIATES

7127 Auburn Lane home for sale in Gracewood at River Ridge

Pending · 27 days

$599,000

4 bd · 3 ba · 2,464 sqft · built 1994

7127 Auburn Lane, NEW PORT RICHEY, 34654

Listed by FUTURE HOME REALTY INC

7320 Auburn Lane home for sale in Gracewood at River Ridge

Pending · 210 days

$367,500

3 bd · 2 ba · 2,180 sqft · built 1994

7320 Auburn Lane, NEW PORT RICHEY, 34654

Listed by MARK SPAIN REAL ESTATE

10032 Highcrest Lane home for sale in Gracewood at River Ridge

Sold

$600,000

3 bd · 2 ba · 2,855 sqft · built 1991

10032 Highcrest Lane, NEW PORT RICHEY, 34654

Listed by LPT REALTY

10139 Highcrest Lane home for sale in Gracewood at River Ridge

Sold

$560,000

3 bd · 2.5 ba · 2,109 sqft · built 1998

10139 Highcrest Lane, NEW PORT RICHEY, 34654

Listed by CHARLES RUTENBERG REALTY INC

No homes are actively for sale in Gracewood right now, so its recent closed sales are shown, as of 2026-06-24, priced high to low. Listings courtesy of Stellar MLS as distributed by MLS GRID.. Tap any home to ask about it.

Interactive Map

Gracewood on the map.

Every active, pending, and recently sold home, plotted. Toggle the layers, color the dots by status or lot type, and tap a home for the details.

Listing locations from Stellar MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

Nearby & Commute

How far is everything?

The takeaway

Gracewood trades a coastal address for a larger gated custom home on a spacious lot near River Ridge schools and the Starkey Preserve, with the Suncoast Parkway carrying you toward the beaches and Tampa.

Drive times from the River Ridge area. They are approximate and vary with traffic and your exact home.

River Ridge schools~5 to 10 min · New Port Richey

Starkey Wilderness Preserve and trail~5 to 10 min · trails and bike path

Shopping and SR 54 corridor~10 to 15 min · everyday errands

Suncoast Parkway~10 to 15 min · regional access toward Tampa

Gulf beaches~30 to 40 min · coastal Pasco and Pinellas

Tampa~40 to 50 min · via Suncoast Parkway

Distances and drive times are approximate and vary with traffic and your specific home. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Gracewood at River Ridge with Momentum Realty’s local guides.

The Glen atRiver RidgeNew Port Richey, FL · 0.4 mi

Hunt RidgeNew Port Richey, FL · 0.5 mi

Rosewood at River RidgeNew Port Richey, FL · 0.7 mi

Valley WoodNew Port Richey, FL · 0.7 mi

Ruxton VillageNew Port Richey, FL · 0.8 mi

Timber GreensNew Port Richey, FL · 1.2 mi

LexingtonCommonsNew Port Richey, FL · 1.4 mi

Seven SpringsNew Port Richey, FL · 1.4 mi

Crescent ForestNew Port RicheyNew Port Richey, FL · 1.5 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr

Gracewood (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take

Pasco County Public Schools
Verify the zoned schools by address
Magnet and choice options may be available
Confirm current ratings before relying on them
Private and parochial options nearby

Gracewood is served by Pasco County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

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

The takeaway

What is actually shaping value at Gracewood: the gated custom-home setting on spacious, often conservation-backed lots, Florida's 2025 association reforms, the 2024 storm season and its coastal Pasco impact, and the draw of the River Ridge schools and the Starkey Wilderness Preserve. Each item is sourced and linked.

Recent Developments in Gracewood at River Ridge

Development Intelligence

Our read on what is being built around Gracewood, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishDemand for larger gated custom homes on spacious, conservation-backed lots in the River Ridge area supports prices, while the watch items are the HOA reserve trajectory under Florida's new rules, any CDD cost, and the flood and insurance read confirmed per home.

Gated custom homes on conservation-backed lots

Ongoing

BullishMajor impact

SignificanceRadius: Community

Spacious, often conservation-backed lots with larger custom homes give the community a privacy and lot premium that supports value, though the spread between homes is wide.

Florida 2025 association reforms raise cost pressure

2025

BearishNotable impact

SignificanceRadius: Community

Statewide reforms strengthened reserve and financial-disclosure expectations for associations, so read the HOA budget and reserves and ask about fee and assessment impact.

2024 storm season and coastal Pasco surge

2024

NeutralNotable impact

SignificanceRadius: Area

Storm surge hit low-lying coastal west Pasco, so confirm the flood zone for the specific home, as inland River Ridge sits back from the coastal strip.

River Ridge schools and Starkey Wilderness Preserve

Ongoing

BullishNotable impact

SignificanceRadius: Area

Proximity to River Ridge schools and the Starkey Wilderness Preserve and its bike trail supports steady family and outdoor-oriented demand.

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Gracewood at River Ridge, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

July 2025
Policy
Florida tightens HOA reserve rules
Florida's 2025 community-association reforms, including HB 913 effective July 1, 2025, strengthened reserve and financial-disclosure expectations for associations statewide. Why it matters: Read the HOA budget and reserves; statewide rules are raising association cost pressure. Source
September 2024
Storm
2024 storms bring surge to coastal west Pasco
Hurricane Helene in 2024 drove damaging storm surge into low-lying coastal west Pasco County, with impact concentrated along the Gulf and varying by elevation. Why it matters: Confirm the flood zone for the specific home; inland River Ridge sits back from the coastal strip. Source

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.

The Strategy

The Gracewood buying strategy.

If we were buying in Gracewood, this is the order of operations we would run, and the one we run for our clients.

Read the lot before the house. A conservation-backed lot reads differently from an interior lot, so confirm what backs the home and how the setting drives the premium.

Pull the HOA budget, reserves, and rules. Confirm the current dues, what they include, the reserve picture, and any planned assessment before anything else.

Confirm whether a CDD applies. Ask whether the home carries a Community Development District assessment on the tax bill and budget for it if it does.

Run the flood zone and insurance for the specific home. Inland River Ridge sits back from the coast, but quote the FEMA flood zone and insurance for the exact address.

Cross-shop the peer community at Deerwood at River Ridge and nearby River Ridge custom-home communities to test value.

The Quick Decision

Best Buy

An updated custom home on a conservation-backed lot with a screened pool

Biggest Risk

A dated home priced as if renovated, or an unconfirmed CDD or flood cost

Best Lot

A spacious conservation-backed lot rather than an interior parcel

Smart Timing

Confirm the HOA, any CDD, and the flood zone before you offer

Deep-Dive Intelligence

The full read, only if you want it.

The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

Gracewood at River Ridge is a gated community of larger custom single-family homes rather than a uniform production subdivision, so the lifestyle centers on space, privacy, and a quieter, nature-adjacent setting: spacious, often conservation-backed lots, larger floor plans roughly 2,000 to 5,600 square feet with 3 to 5 bedrooms, and many homes with screened pools and spas and upscale features. It is near River Ridge schools, the Starkey Wilderness Preserve and its bike trail, shopping, and major roads, with the Gulf beaches and Tampa a drive away. Because every home and lot differs, confirm the specific lot, the home condition, the renovation level, the HOA and reserves, any CDD, and the flood zone before you buy.

Gracewood Homes For Sale

What your money buys in Gracewood.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

Here are the broad resale bands in Gracewood today. The right home is the one matched to your budget and the renovation math, so seeing fitting listings early is the edge.

The Entry Home

$560K to $560K

A smaller or more dated custom home on an interior lot, the affordable way into a gated community, where condition and the renovation needed drive value.

Lowest entry

The Conservation Lot

$560K to $600K

An updated home on a spacious, conservation-backed lot with a screened pool, the heart of the resale market here, where the lot and the condition set the number.

Most inventory

The Top

$600K to $600K

A larger, fully renovated custom home on a premium conservation lot with a pool and spa and upscale finishes, the stock that holds value best.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

See Off-Market & Private Listings

What Your Money Buys

What ~$580K buys here.

Three realistic price bands. Where a home lands comes down to condition and lot, not square footage alone.

$560K to $560K

The Entry Home

A smaller or more dated custom home on an interior lot, the affordable way into a gated community, where condition and the renovation needed drive value.

$560K to $600K

The Conservation Lot

An updated home on a spacious, conservation-backed lot with a screened pool, the heart of the resale market here, where the lot and the condition set the number.

$600K to $600K

The Top

A larger, fully renovated custom home on a premium conservation lot with a pool and spa and upscale finishes, the stock that holds value best.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

Operator Intelligence

Renovation & Resale Intelligence

The factors that actually move value in Gracewood, condition, lot, and the renovation math, read from current listings and recent sales.

15-Second Take

Renovation math decides the deal
Better lots and views resell strongest
Roof and HVAC age drive the insurance quote
Interior lots are where buyers overpay

Proprietary Data

The renovation premium.

Renovated-listing inventory in Gracewood is too thin right now to compute a reliable renovation premium. We read condition home by home against real comps before you offer.

Lot Value

The lot premium.

On a preferred homesite (water, preserve, corner, or a larger lot), the homesite is the part of your money the market gives back at resale. The house can be renovated; the lot cannot, so premium lots hold their value better than interior ones. How much more they command varies by frontage, view, and condition, which is why we read it home by home against real comparable sales rather than a single headline figure.

Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

Resale Strength Scorecard

How well Gracewood holds value.

Our read on the factors that protect resale here, and the one to manage.

Kitchen and bath updatesStandard refresh, broadly recoverable

Impact windows and slidersWind and insurance value

Flooring and interior finishesCosmetic, mostly recoverable

Pool, spa, and screened lanaiStrong value driver on larger lots

Conservation lot and settingStrongest value driver here, cannot be added

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Gracewood

15-Second Take

Calling the listing agent (who works for the seller)
Misjudging the renovation budget
Overpaying for an interior lot
Underbudgeting the carrying costs
Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

Calling the listing agent

The agent on the sign works for the seller. In a market where condition swings price by hundreds of thousands, negotiating against that agent with no one in your corner is the costliest move of all.

Misjudging the renovation math

A dated home looks like a deal until you price the roof, HVAC, pool, and full modernization honestly. Underbudget the reno and the bargain becomes the expensive house.

Overpaying for an interior lot

A premium homesite (water, preserve, or a preferred position) carries a real, durable premium. Pay a top price for an interior lot and you are buying the weakest version of the value.

Underbudgeting the carrying costs

Two similar homes can cost very differently to own once the HOA, any CDD, insurance, and upkeep are priced in. Buyers who do not run the full monthly carrying cost misread the real number.

Skipping the systems check

An older home means older systems unless updated. Roof age, HVAC age, pool equipment, and prior renovations drive both price and insurability, and a thorough inspection matters more here than in a new build.

“

Gracewood sells the gated custom-home lifestyle, but the deal is won or lost on the lot, the condition, the renovation level, and the HOA, CDD, and flood math.

Jon Brooks · Founder, Momentum Realty

Momentum Intelligence

Momentum Buy Score.

Our proprietary 0 to 10 read across the five factors that decide how a home here buys, holds, and resells.

7.7B+ · Buy Score

Resale Strength7.7/10

Renovation Risk5.8/10

Location Efficiency7.4/10

Long-Term Defensibility7.6/10

Carrying Cost Advantage6.6/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Momentum Housing Intelligence

Why our read on Gracewood is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Stellar MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live Stellar MLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates

Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

About the analyst · Our methodology

Which Lots & Views Hold Value Best

Proprietary Data · Lot Value Map

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)

$261 value$401 premium

Lake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Stellar MLS; for orientation, not an appraisal.

15-Second Take

Conservation-backed lots carry the strongest premium here
Verify the FEMA flood zone and elevation for the exact home
A screened pool and spa add value, confirm condition
The lot and the condition, not square footage alone, drive price
Confirm whether a CDD applies before the finishes

In a gated custom-home community, the lot is the part of your money the market protects most. Spacious, conservation-backed lots hold value better than interior parcels, and the setting cannot be redone the way finishes can. Read the lot first, conservation versus interior and what backs the home, then price the home condition and the renovation level against it, and confirm the flood zone and any CDD before you weigh the finishes.

The 15-Second Verdict

Gracewood in 15 seconds.

Best forBuyers who want a larger custom home on a spacious, gated lot in the River Ridge area.

Biggest advantageSpacious, often conservation-backed lots with larger custom homes and a quieter setting.

Biggest riskWide spread in condition and renovation, plus the HOA, any CDD, and the flood read per home.

Sweet spotAn updated custom home on a conservation-backed lot with a screened pool and spa.

Avoid ifYou want a uniform production subdivision or to skip lot and association diligence.

HOA, Fees & Reserves

15-Second Take

HOA applies for the gated community, confirm the current dues
Confirm whether a CDD assessment is on the tax bill
Read the reserve study and any planned assessment closely
Florida 2025 association rules can raise cost pressure, ask the board
Most home upkeep is owner-managed, budget for pool and yard

A homeowners association applies for the gated community and its common areas. Confirm the exact dues, what they include, the reserve study, and any current or planned assessment with the association, and confirm separately whether a CDD assessment appears on the tax bill for the specific home.

Where applicable, HOA dues typically cover the gated entry, common-area landscaping, and shared community maintenance. The larger custom homes carry their own pools, spas, and yards, so most upkeep is owner-managed. Verify the current inclusions per the association documents.

Run Your Numbers

Tools for a Gracewood buy.

Free calculators to pressure-test the real cost before you tour.

Mortgage paymentPrincipal, interest, taxes, and insurance on a specific price.Property taxPasco County millage and the homestead picture.Rent vs buyThe breakeven on owning in Gracewood.Save Our HomesProject your homestead tax cap over time.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Selling in Gracewood

Price to the lot, the condition, and the renovation level, not a Gracewood average.

Selling at Gracewood means pricing to your specific lot, your home condition, and your renovation level, not a community-wide average. An updated custom home on a conservation-backed lot with a screened pool commands a different number from a dated interior home.

Momentum listings (YTD)

97.98%

Sold-to-list ratio across our market for our agents, sellers keeping more of their price.

Market average (YTD)

96.73%

The broader metro average sold-to-list ratio over the same period.

Momentum days on market

64 days

Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.

Market days on market

72 days

The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Gracewood, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Deerwood at River Ridge, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Gracewood home worth?

Get a no-obligation home value based on real comparable sales in Gracewood matched to your condition, lot, and view, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Gracewood at River Ridge on the map →
Or get your Gracewood at River Ridge home value & selling guide →

Real comps, not a Zestimate.

How much local inventory is already under contract

42% of homes for sale in ZIP 34654 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-06-24).

Gracewood At River Ridge New Port Richey Market Scorecard

No active listings

Gracewood At River Ridge New Port Richey is currently a no active listings. Limited supply, a median asking price of n/a.

n/a

Months supply

n/a

Median list

$580,000

Median sold

n/a

Per sqft

n/a

Days on mkt

0/3/2

Active/Pend/Sold

Typical home value in the 34654 ZIP is $313,334, right around the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Stellar MLS, distributed by MLS GRID, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is Gracewood at River Ridge?

It is in the River Ridge area of New Port Richey, in the 34655 ZIP, a gated community of larger custom single-family homes on spacious, often conservation-backed lots well inland from the Gulf.

Is Gracewood a gated community?

Yes. Gracewood at River Ridge is a gated community of larger custom single-family homes, so the setting is more private than a typical open subdivision. Confirm the gate, the HOA rules, and any access details for the specific home.

What size are the homes at Gracewood?

Floor plans run roughly 2,000 to 5,600 square feet with 3 to 5 bedrooms, and many homes feature screened pools with spas and upscale finishes. Confirm the exact square footage, bedroom count, and features for any specific listing.

Are the lots large at Gracewood?

The community is set on spacious lots, many of them conservation-backed, which is a key part of its appeal. Whether a given home sits on a conservation lot or an interior parcel materially affects value, so confirm what backs the home.

How is Gracewood different from Deerwood at River Ridge?

Both are communities in the River Ridge area of New Port Richey. Gracewood is a gated community of larger custom single-family homes on spacious, often conservation-backed lots. Compare the lot, the home size and condition, the HOA, and any CDD between communities, and confirm which community a specific listing belongs to.

Does Gracewood have a CDD?

Confirm this per home. Some Pasco County communities carry a Community Development District assessment on the tax bill and some do not, so ask whether a CDD applies to the specific home and budget for it if it does.

What does the HOA cover at Gracewood?

Where applicable, HOA dues typically cover the gated entry, common-area landscaping, and shared community maintenance, while the larger custom homes carry their own pools, spas, and yards. Confirm the exact dues and inclusions, plus the reserve picture, with the association.

Is Gracewood in a flood zone?

Inland River Ridge sits back from the coastal strip, but flood exposure should still be confirmed per home. Always run the FEMA flood zone and a flood insurance quote for the exact address during diligence.

What schools serve Gracewood?

The community is near River Ridge schools in New Port Richey. School assignments and boundaries can change, so confirm the current assigned schools for the specific address with the Pasco County school district.

What is nearby for outdoor recreation?

Gracewood is near the Starkey Wilderness Preserve and its bike trail, which offer trails and nature access, along with shopping and major roads. The Gulf beaches and Tampa are a drive away.

How far is Gracewood from Tampa and the beaches?

Tampa and the Gulf beaches are a drive away from the River Ridge area, with exact times depending on your route, your home, and traffic. Confirm your real commute at your real departure time during diligence.

Is Gracewood a good investment?

It offers larger gated custom homes on spacious lots in a quieter, nature-adjacent setting, but value here turns on the lot, the home condition, and the renovation level, plus the HOA, any CDD, and the flood read. As with any custom-home community, those factors drive the outcome, and this is not a guarantee of future value.

The Verdict

Should you buy in Gracewood?

An honest fit check. We will tell you when it is not your community.

Buyers who want a larger custom single-family home on a spacious, gated lotExcellent fit

Buyers who value a conservation-backed lot and a quieter, nature-adjacent settingExcellent fit

Buyers drawn to the River Ridge schools and the Starkey Wilderness Preserve and trailExcellent fit

Buyers comfortable underwriting the lot, the condition, and the renovation home by homeExcellent fit

Buyers who will confirm the HOA, any CDD, and the flood zone before offeringExcellent fit

Buyers who want a uniform production subdivision with predictable compsProbably not

Anyone unwilling to confirm the HOA, any CDD, and the flood zone per homeProbably not

Buyers who want to be within walking distance of the Gulf beachesProbably not

Buyers seeking the lowest-maintenance, smallest-footprint home in the areaProbably not

Buyers expecting uniform value across every lot and homeProbably not

Get the inside read on Gracewood

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Gracewood home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

You are all set.

A Momentum Realty Gracewood specialist will reach out personally, usually the same day.

Thinking about hiring an agent here? How to find the best real estate agent in Gracewood at River Ridge — what to look for, questions to ask, and your local expert.

Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Listings courtesy of Stellar MLS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing; deemed reliable but not guaranteed by MLS GRID.

Gracewood at River Ridge Homes for Sale in New Port Richey, FL

The 60-Second Overview

Who Gracewood is best for.

Best for

Probably not for

How Gracewood is performing right now

Homes For Sale Right Now in Gracewood

Gracewood on the map.

How far is everything?

Nearby Communities

Schools

Recent Developments in Gracewood at River Ridge

Gated custom homes on conservation-backed lots

Florida 2025 association reforms raise cost pressure

2024 storm season and coastal Pasco surge

River Ridge schools and Starkey Wilderness Preserve

Florida tightens HOA reserve rules

2024 storms bring surge to coastal west Pasco

The Gracewood buying strategy.

The full read, only if you want it.

What your money buys in Gracewood.

What ~$580K buys here.

Renovation & Resale Intelligence

The renovation premium.

The lot premium.

How well Gracewood holds value.

5 Mistakes Buyers Make in Gracewood

Calling the listing agent

Misjudging the renovation math

Overpaying for an interior lot

Underbudgeting the carrying costs

Skipping the systems check

Momentum Buy Score.

Why our read on Gracewood is different.

Which Lots & Views Hold Value Best

Gracewood in 15 seconds.

HOA, Fees & Reserves

Tools for a Gracewood buy.

Price to the lot, the condition, and the renovation level, not a Gracewood average.

In Gracewood, condition and view decide your number

What is your Gracewood home worth?

Price History: What Homes Here Have Actually Sold For

Gracewood At River Ridge New Port Richey Market Scorecard

Frequently Asked Questions

Should you buy in Gracewood?

Get the inside read on Gracewood

You are all set.

Need to sell fast in Pasco County?

You just read the data. Now see what your home is worth.