Keystone Palms market snapshot (as of June 25, 2026): the median sale price is about $1.9M ($418 per sq ft), a buyer-leaning market (limited data). Based on 2 recent closings in live Stellar MLS data.
Keystone Palms is a small, newer custom single-family acreage estate community in Tarpon Springs, in the East Lake corner of Pinellas County (Lipply Real Estate Tarpon Springs subdivisions, 2026). Listing guides describe it as a deed-restricted enclave of just a handful of custom estates, often cited as around nine homes, so it reads as a short street of large houses rather than a sprawling subdivision. Confirm the exact home count with current records.
The homes are newer custom builds, generally cited as completed in the mid 2020s, with large floor plans, luxury island kitchens, generous primary suites, and in-ground heated pools with spill-over spas (Homes by Marco, 2026; Lipply Real Estate, 2026). Some of the lots are described as horse-friendly acreage parcels. Square footage runs large, with listing guides citing roughly 3,500 to 5,200 square feet; confirm the exact size, bedroom count, and lot use for any specific home.
Because this is a very small custom enclave, the money is made or lost on the individual house and lot, not on a neighborhood average. The drivers are the build quality, the lot size and permitted use, the pool and outdoor space, and the association rules. A homeowners association exists with deed restrictions, so read the dues, the reserves, and the covenants from the current association documents for the exact home.
The pitch is space and proximity: large custom homes on generous lots, minutes from the Gulf Coast beaches and from the shops, restaurants, and the famous Sponge Docks of Tarpon Springs, with East Lake and northern Pinellas amenities close by. The work is the diligence: confirm the subdivision name and ZIP, read the association rules, and verify the lot use, the flood picture, and the insurance before you buy the finishes.
