Ivy Lake Estates
Homes for Sale in Odessa, FL

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

As of September 2026, the MLS records 7 closed sales in Ivy Lake Estates in Odessa, FL since 2007, the most recent in June 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 Pasco County's FY2025-26 rate of 16.15 mills, annual property tax runs about $11,070 ($10,410 with the full homestead exemption).

Part of Ivy Lake Estates, Odessa, FL — see all Ivy Lake Estates homes for sale (6 listings across 3 sections in the MLS).

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

Ivy Lake Estates is a tightly bunched build era — every home went up within a three-year window around 2004 — so age and construction style aren't what separates one listing from another here. What moves a price is the individual home: how the roof, kitchen, and systems have aged relative to that 2003-2005 baseline, and how the room count and layout stack up against a 2,288 square-foot median.

With 80% of the 155 homes carrying a homestead exemption, this is a community where most owners intend to stay, which tends to keep resale inventory thin and turnover gradual. Buyers should expect to compete on well-maintained listings rather than find a deep bench of options, and sellers should not assume a crowded market of comparable homes will do the pricing work for them.

The 60-Second Overview

Parcel Two is a defined, single-phase section of Ivy Lake Estates in Odessa, built out almost entirely between 2003 and 2005, with a mid-size housing stock centered around 2,288 square feet. Current MLS data shows no community amenities tied to these listings, so any pool, clubhouse, or recreation access would need to be verified separately rather than assumed.

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 seeking a mid-2000s built home with a straightforward, single-era housing stock
  • Buyers focused on interior space and condition over community amenities
  • Buyers comfortable in a lower-turnover market who can move decisively when a well-kept listing appears

Probably not for

  • Buyers who want an active clubhouse, pool, or recreation-centered community as part of the purchase
  • Buyers hoping for a wide spread of construction eras or architectural styles to choose from
  • Buyers expecting a high volume of active listings to compare side by side

The market around Ivy Lake Estates

Ivy Lake Estates 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 Pasco County, 4,382 homes are active and 1,285 pending (23% under contract).

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

Ivy Lake Estates by the numbers

From county property records and closed MLS sales for the Ivy Lake Estates subdivision: 8 homes on record; built 2003–2004; typical size about 1,959 heated sq ft; 3 bedrooms is the median. Housing mix: single-family 100%.

YearRecorded salesMedian price
20073$280,000
20081$180,000
20151$271,000
20211$380,000
20252$491,000

Newest recorded sale: $495,000 on 2025-06-27.

Recorded data as of 2026-09-12; counts cover addresses tagged to this subdivision in the public record, not every parcel. Not an appraisal.

Recent Developments in Ivy Lake Estates Parcel Two

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

Dev Momentum60/100 · Active
  1. July 2026
    Development

    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 7 miles southeast of Ivy Lake Estates Parcel Two, elsewhere in Pasco County.

    Source: Florida YIMBY
  2. April 2026
    Development

    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 site is about 6 miles southwest of Ivy Lake Estates Parcel Two.

    Source: Tampa Bay Times
  3. January 2026
    Development

    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 southwest of Ivy Lake Estates Parcel Two.

    Source: WUSF
  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 project is about 10 miles south of Ivy Lake Estates Parcel Two, elsewhere in Pasco County.

    Source: HCO News

Development alerts for Ivy Lake Estates Parcel TwoGet a short monthly email when something new is approved, funded, or opens near Ivy Lake Estates Parcel Two.

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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 Ivy Lake Estates 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 Ivy Lake Estates.

Best Buy
Buyers who want a mid-2000s home in a defined Odessa enclave and are comfortable evaluating condition rather than leaning on amenities.
Biggest Risk
With no clubhouse, pool, or recreation amenities identified in current listings, buyers expecting resort-style extras may be disappointed.
Sweet Spot
Homes near the 2,288 sqft median that have kept pace with routine updates since the 2003-2005 build years.
Avoid If
You want a lifestyle built around on-site community amenities — this parcel does not currently show any in the data.

One build era, one set of variables

Because the entire section was built in a narrow window, the usual pricing swings from mixing decades of construction largely don't apply here. What you're evaluating instead is condition and updates: original systems and finishes on a 20-plus-year-old home versus one that's been renovated, plus how a given floor plan uses its square footage relative to the 2,288 sqft median.

The absence of listed community amenities is worth sitting with rather than glossing over. This isn't a gated or amenity-heavy product — no clubhouse, pool, or recreation facility shows up in current MLS records for this parcel. Anyone drawn to Ivy Lake Estates for resort-style extras should confirm what, if anything, exists before assuming it's part of the deal.

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

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a section this uniform in age, the difference between a fair price and an overpay comes down to reading condition and updates correctly, not guessing at build quality — that's where we spend our diligence. We also track the homestead-driven pace of turnover here so sellers set realistic timelines and buyers know when a listing is worth moving on quickly.

Ivy Lake Estates in 15 seconds.

Best forBuyers who want a mid-2000s home in a defined Odessa enclave and are comfortable evaluating condition rather than leaning on amenities.
Biggest advantageA consistent construction era simplifies comparisons — you're largely judging upkeep and updates, not decade-to-decade differences.
Biggest riskWith no clubhouse, pool, or recreation amenities identified in current listings, buyers expecting resort-style extras may be disappointed.
Sweet spotHomes near the 2,288 sqft median that have kept pace with routine updates since the 2003-2005 build years.
Avoid ifYou want a lifestyle built around on-site community amenities — this parcel does not currently show any in the data.

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 Ivy Lake Estates sales matched to your home.

What is your Ivy Lake Estates home worth?

Get a no-obligation home value based on real comparable sales in Ivy Lake Estates, 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 all homes for sale in Odessa →

Real comps, not an automated estimate.
Buyers seeking a mid-2000s built home with a straightforward, single-era housing stockExcellent fit
Buyers focused on interior space and condition over community amenitiesExcellent fit
Buyers comfortable in a lower-turnover market who can move decisively when a well-kept listing appearsExcellent fit
Buyers who want an active clubhouse, pool, or recreation-centered community as part of the purchaseProbably not
Buyers hoping for a wide spread of construction eras or architectural styles to choose fromProbably not
Buyers expecting a high volume of active listings to compare side by sideProbably not

Data sources & freshness

Under-contract sharesStellar MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2007 (7 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.

Own a home here?

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

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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