Lagoon Residences at Epperson Homes for Sale in Wesley Chapel, FL

Lagoon Residences at Epperson is DRB Homes' gated townhome enclave inside the Epperson master plan in Wesley Chapel — the community built around the 7.5-acre Epperson Lagoon, which opened in 2018 as the first Crystal Lagoons-technology metro lagoon in the United States.

First, the identity question, answered plainly: this is a genuine named section, not just a marketing label. It is a private gated enclave of roughly 102 townhomes with its own streets — Anchor Point Drive and Clover Fin Court — and its own sales office at 31864 Anchor Point Dr. It is also, at the same time, DRB's branded collection within Epperson, so listings may show it simply as Epperson townhomes; confirm the plat name on any specific address.

The product is a two-car-garage luxury townhome that DRB pitches as living like a single-family home. Three plans were offered as of July 10, 2026: the Abaco (1,748 sq ft, from $351,990), the Bermuda (1,852 sq ft, from $371,990), and the Dalia (2,132 sq ft), all three to four bedrooms with 2.5 baths.

Quick move-in homes on Clover Fin Court were listed the same day from $380,990 (Abaco) to $459,840 (Dalia), and DRB was advertising up to $40,000 in flex cash on select to-be-built homes here for July 2026 contracts. Builder pricing and incentives move constantly, so treat every number as a snapshot and confirm with the sales office.

DRB markets options such as a first-floor primary suite on select plans, private yards, and designer-selected finishes. As with any new build, the base price is the starting point; design options and lot premiums drive the real number.

The positioning claim that matters is DRB's: it describes this as the only gated two-car-garage townhome section backing to the Epperson Lagoon. That is the builder's own claim — verify which specific homesites actually back the lagoon on the site plan, because a lagoon-backing homesite and an interior homesite are different purchases.

The lifestyle pitch is the lagoon. The Epperson Lagoon offers swim zones, sandy beach areas, kayaking, paddleboarding, and year-round programmed events, and this section sits directly beside it rather than a golf-cart ride away.

Know how the lagoon actually works before you budget: it is independently owned and operated by Metro Lagoons and is not part of the HOA or the CDD. Access is a paid membership — Metro Places' published 2023 fee sheet showed $30.39 to $38.59 per month plus tax depending on phase, with a one-time initiation fee of $100 to $2,000 at closing, and a Pulte Epperson page has cited $113 per quarter. Confirm the current 2026 figures, and note that some lagoon events carry separate charges.

Beyond the lagoon, the Epperson master plan includes Eagle Park and the Lake House, the Butterfly Park and Garden, a dog park, and trails, per the developer. Epperson is also part of Pasco County's Connected City corridor, and the master association fee has historically included cable and UltraFi high-speed internet per Metro Places' published fee information.

The townhome trade is low-maintenance living: the reported HOA scope for this section includes grounds and structure maintenance, which offloads the exterior work that single-family Epperson owners carry themselves.

Commuting runs through the Overpass Road interchange at I-75, which opened in 2022 and is the reason this northeast corner of Wesley Chapel went from remote to reachable. The Shops at Wiregrass, Tampa Premium Outlets, and the KRATE container park are the retail anchors, roughly 15 to 25 minutes depending on traffic.

There is no golf course and no country club at Epperson; the lagoon, the parks, and the trails are the amenity story. If a traditional club community is the priority, this is a different product.

Stack the full monthly math in writing before you fall for a base price. An aggregator listing checked July 10, 2026 reported HOA fees from about $472.15 per month for this section (listed as covering cable TV, grounds maintenance, and structure maintenance) plus a CDD fee from about $1,732 per year — and the lagoon membership sits on top of both. Get the exact current townhome HOA, master association, CDD, and lagoon figures from the sales office and confirm the CDD line on the Pasco County tax roll.

Confirm which CDD district serves this parcel. Epperson is covered by multiple districts — Epperson Ranch CDD, Epperson Ranch II CDD, and Epperson North CDD serve different phases — and assessments vary by lot type and phase. The tax roll for a specific homesite is the authority, not a brochure.

Verify the lagoon terms directly: current monthly or quarterly fee, the one-time initiation fee at closing, what standard membership includes versus paid events, and whether the fee obligation runs with the home. The lagoon is a private operation, so its pricing is not locked by the HOA documents.

If you are paying for the lagoon-adjacent position, confirm it on the site plan: which homesites back the lagoon, what the buffer looks like, and what noise carries from lagoon events. Ask the sales office for the event calendar and visit on a busy weekend before you pick a homesite.

Finally, shop the builder incentive honestly. The advertised flex cash (up to $40,000 on select to-be-built homes in July 2026) carries conditions, including use of the builder's approved settlement agent for some options; read the fine print and compare the net deal, not the headline.

Lagoon Residences at Epperson competes for the buyer who wants lagoon-community living at a townhome price point. Within Epperson itself, the single-family sections by other builders and D.R. Horton's Meadow Ridge at Epperson (from about $299,990 per aggregator listings in July 2026) are the internal alternatives: Meadow Ridge undercuts on price, while this section answers with the two-car garage, the gated entry, and the position beside the lagoon. Against Mirada in nearby San Antonio — Metro Development Group's sister lagoon community with a larger lagoon — the trade is Epperson's more established build-out and the Overpass Road interchange against Mirada's newer inventory and generally lower townhome pricing; the Mirada Townhomes are the direct cross-shop. Against Watergrass, the established master plan directly east, the trade is lagoon-and-fees versus a conventional amenity package. And Two Rivers, the newer master plan to the southeast, is the emerging competitor as it builds out. The honest summary: this section wins on the gated two-car-garage townhome format beside the lagoon and on new-build incentives, and gives ground on the fee stack, on townhome resale competition from cheaper sections, and on the fact that the lagoon is a paid membership, not an included amenity.

Lagoon Residences at Epperson fits the buyer who wants new construction with a two-car garage and low-maintenance townhome living, who values the Epperson Lagoon enough to pay its membership, and who wants a gated address inside a large amenitized master plan with I-75 access via Overpass Road. It does not fit the buyer chasing the lowest monthly carry — the townhome HOA, master association, CDD, and lagoon fee stack is real — nor the buyer who wants a fee-simple single-family yard, a golf or country-club community, or a short walkable commute. Anyone considering this section should confirm the full fee stack in writing, verify the CDD district and assessment on the Pasco County tax roll, confirm current lagoon membership terms with Metro Lagoons, and check which homesites actually back the lagoon before paying a premium for the position.