GRACEWOOD AT RIVER RIDGE
Homes for Sale in NEW PORT RICHEY, FL
True comps, carrying-cost math, and listings before the portals.
The setting & the homes.
Aerial and on-site photos of GRACEWOOD AT RIVER RIDGE. Swipe to explore the community.
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The market around GRACEWOOD AT RIVER RIDGE
GRACEWOOD AT RIVER RIDGE is a small community — 15 recorded sales on file, most recently in 2025 — too few for its own price trend. Here is the market around it.
In ZIP 34654, 198 homes are on the market and 20% are under contract — a steady corner of NEW PORT RICHEY.
Across Pasco County, 4,384 homes are active and 1,350 pending (24% under contract).
Homes here are single family residence.
ZIP and county figures describe the wider market, not GRACEWOOD AT RIVER RIDGE specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in GRACEWOOD AT RIVER RIDGE, NEW PORT RICHEY
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period August 2026 through August 2026. Deemed reliable but not guaranteed.
GRACEWOOD AT RIVER RIDGE on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.
Life at GRACEWOOD AT RIVER RIDGE
- Gated · reported on 2 of 2 listings
- Deed Restrictions · reported on 2 of 2 listings
- Gated Community - No Guard · reported on 2 of 2 listings
Community amenities as reported across Stellar MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.
Recent Developments in Gracewood At River Ridge
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 August 2026.
- July 2026Development
Pomelo Square mixed-use community advances in Wesley Chapel
Ryan Cos. and PulteGroup are advancing Pomelo Square, a mixed use development at the northeast corner of Old Pasco Road and Overpass Road in Wesley Chapel. Plans call for 415 residential units made up of 325 apartments and 90 townhomes, about 42,000 square feet of retail, and a hotel pad. Completion is targeted for the first quarter of 2028.
What it may mean for the marketAdds a mixed use community of apartments and townhomes with retail space and a hotel pad, expanding housing and commercial supply in a growing Pasco County corridor. The project is about 20 miles east of Gracewood At River Ridge, elsewhere in Pasco County.
Source: Florida YIMBY - April 2026Development
New mixed-use development planned on State Road 52 in central Pasco
A mixed-use development planned on State Road 52 in central Pasco County, next to Pilot Country Airport, would add 108 single-family homes, about 175,000 square feet of commercial and retail space, and a 120-room hotel, with completion expected around 2030.
What it may mean for the marketA new mixed-use community adds housing, retail, and lodging along the State Road 52 corridor in central Pasco, the kind of growth that can shape demand and pricing for nearby communities. The project is about 12 miles east of Gracewood At River Ridge, elsewhere in Pasco County.
Source: Tampa Bay Times - January 2026Development
Moffitt Cancer Center opens flagship outpatient center at its new Speros FL campus in Pasco
Moffitt Cancer Center held the grand opening of its flagship outpatient cancer center in January 2026 at Speros FL, its large new campus on State Road 52 in Pasco County. The campus is planned as a long-term life sciences and medical hub expected to bring substantial employment to the area.
What it may mean for the marketA large new medical and life sciences campus is a long-term employment anchor for central Pasco, a structural demand driver for housing in the surrounding area. The site is about 8 miles east of Gracewood At River Ridge.
Source: WUSF - January 2026Development
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 project is about 19 miles east of Gracewood At River Ridge, elsewhere in Pasco County.
Source: HCO News
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 GRACEWOOD AT RIVER RIDGE buying strategy.
If we were buying in GRACEWOOD AT RIVER RIDGE today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 GRACEWOOD AT RIVER RIDGE.
A closer look at the GRACEWOOD AT RIVER RIDGE market
The housing stock is 69 homes built between 1987 and 2009, and 80% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.
The location and the amenities are priced into every listing in GRACEWOOD AT RIVER RIDGE. The deal is won or lost on condition, the comps, and the renovation math.
HOA, CDD & Fees
- 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.
Tools for a GRACEWOOD AT RIVER RIDGE buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed GRACEWOOD AT RIVER RIDGE sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in GRACEWOOD AT RIVER RIDGE, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your GRACEWOOD AT RIVER RIDGE home worth?
Get a no-obligation home value based on real comparable sales in GRACEWOOD AT RIVER RIDGE, 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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Gracewood at River Ridge Market Scorecard
Gracewood at River Ridge is currently a balanced market. About 4.0 months of supply, a median asking price of $400,000, and homes go under contract in about 245 days.
Typical home value in the 34654 ZIP is $315,841, right around the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
How many homes are in GRACEWOOD AT RIVER RIDGE?
What share of GRACEWOOD AT RIVER RIDGE is owner-occupied?
When were the homes in GRACEWOOD AT RIVER RIDGE built?
Do cash buyers compete in GRACEWOOD AT RIVER RIDGE?
Who is the best real estate agent for GRACEWOOD AT RIVER RIDGE?
How do I find a top NEW PORT RICHEY real estate agent who knows GRACEWOOD AT RIVER RIDGE?
Can Momentum Realty connect me with an agent for GRACEWOOD AT RIVER RIDGE?
Nearby Communities
Explore more neighborhoods near GRACEWOOD AT RIVER RIDGE with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: August 2, 2026) |
| Housing stock & ownership | Florida DOR 2025 assessment roll (community parcel extract) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Historical depth | Closed-sale records back to 2012 (20 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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