Lake Alison
Homes for Sale in Largo, FL

All 473 homes for sale in Largo, FL · median $319,900 · 92 homes for sale in 33771 · Pinellas County homes for sale

Community in Largo · Pinellas County · ZIP 33771
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Built fromLive Stellar MLS data19 years of closingsUpdated twice daily

As of September 2026, the MLS records 1 closed sale in Lake Alison Sub Phase Ii in Largo, FL, the most recent in December 2007. Across Largo as a whole, 897 homes closed in the last 12 months at a median of $340,000, 56 median days on market, with 221 homes for sale today. At that median and Pinellas County's FY2025-26 rate of 19.39 mills, annual property tax runs about $6,590 ($5,780 with the full homestead exemption).

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

Lake Alison Phase II is a small, quiet corner of Largo with limited current MLS activity, which means we're working with a thin data set rather than a deep pricing history. When inventory is this light, each individual listing carries more weight in setting perception of value, so pricing here tends to be judged home-by-home rather than off a clean market curve.

For a buyer, that means less room to lean on comparables and more reliance on a direct walk-through of condition, layout, and lot specifics. For a seller, it means positioning and presentation matter more than usual, since there isn't a steady stream of recent sales to anchor an asking price against.

Nearby homes for sale

No active listings inside Lake Alison Sub Phase Ii right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

613 5TH AVENUE
$470K · 0.1 mi away
3 bd · 2 ba · 1,406 sqft
613 5TH AVENUE
Listed by MITCHELL DEAN REALTY
501 E BAY DRIVE #104
$150K · 0.3 mi away
2 bd · 1 ba · 704 sqft
501 E BAY DRIVE #104
Listed by EZ CHOICE REALTY
501 E BAY DRIVE #202
$204K · 0.3 mi away
2 bd · 1.5 ba · 816 sqft
501 E BAY DRIVE #202
Listed by LPT REALTY, LLC.
25 6TH AVENUE
$220K · 0.3 mi away
2 bd · 1 ba · 806 sqft
25 6TH AVENUE
Listed by JASON MITCHELL REAL ESTATE FLO
427 1ST AVENUE
$325K · 0.4 mi away
2 bd · 1 ba · 900 sqft
427 1ST AVENUE
Listed by REALTY EXPERTS
610 1ST AVENUE
$325K · 0.4 mi away
2 bd · 2 ba · 1,016 sqft
610 1ST AVENUE
Listed by LPT REALTY LLC

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Lake Alison Phase II sits in Largo, Pinellas County, with no community amenities identified from current MLS listings, suggesting this is a straightforward residential subdivision rather than an amenity-driven community.

Stellar MLS sales records identify 61 homes in Lake Alison that have changed hands since 2004, built between 1978 and 1980 (median 1979), with a median living area of about 1,308 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

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 prioritizing a specific home or lot over shared community amenities
  • Buyers comfortable doing extra due diligence given the limited current sales data
  • Buyers seeking a Largo location without an amenity-fee structure attached

Probably not for

  • Buyers who want a documented clubhouse, pool, or other shared recreational amenity
  • Buyers who need a deep bench of recent comparable sales to feel confident on pricing
  • Buyers unwilling to do independent verification of condition and value given the thin MLS record

The market around Lake Alison

Lake Alison is too small for its own price trend, so here is the market around it.

In ZIP 33771, 163 homes are on the market and 23% are under contract — a steady corner of Largo.

Across Pinellas County, 6,628 homes are active and 1,729 pending (21% under contract).

In ZIP 33771 (Largo), 305 homes closed in the last 12 months at a median of $330K ($246/sq ft), down 0.8% year over year, with a median 57 days on market. Right now 93 active and 22 pending listings put supply at about 5.1 months — a balanced market. See the live ZIP 33771 housing market and the Pinellas County market.

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

If we were buying in Lake Alison 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 Lake Alison.

Best Buy
Buyers looking for a straightforward Largo home purchase without an amenity fee attached.
Biggest Risk
Limited recent MLS data means less certainty when it comes to pricing against comparables.
Sweet Spot
Buyers who want a specific home and lot in this pocket of Largo and are comfortable doing extra due diligence on value.
Avoid If
You want a community with an established, documented amenity package or a deep, recent sales history to lean on.

A subdivision without a documented amenity package

Current MLS records for Lake Alison Phase II don't surface a clubhouse, pool, or other shared community feature. That doesn't rule out something informal or nearby, but it does mean buyers shouldn't assume a bundled amenity fee or shared recreational infrastructure is part of the deal here.

In practice, that shifts the evaluation toward the individual lot and structure: layout, age, upkeep, and how the home sits relative to the lake for which the subdivision is named. This is a community where the home itself, not a shared amenity package, is doing the work of the value proposition.

The location and the amenities are priced into every listing in Lake Alison. 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 subdivision with sparse recent MLS activity, having someone who will physically walk the comparable inventory and talk through condition rather than lean on a thin data set matters more than usual. We'll tell you plainly when there isn't enough recent activity to price with confidence, and what we'd want to see before committing either way.

Lake Alison in 15 seconds.

Best forBuyers looking for a straightforward Largo home purchase without an amenity fee attached.
Biggest advantageThe lake-adjacent setting and low-frills structure keep the value conversation focused on the home itself.
Biggest riskLimited recent MLS data means less certainty when it comes to pricing against comparables.
Sweet spotBuyers who want a specific home and lot in this pocket of Largo and are comfortable doing extra due diligence on value.
Avoid ifYou want a community with an established, documented amenity package or a deep, recent sales history to lean on.

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 Lake Alison sales matched to your home.

What is your Lake Alison home worth?

Get a no-obligation home value based on real comparable sales in Lake Alison, 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 Largo →

Real comps, not an automated estimate.
Buyers prioritizing a specific home or lot over shared community amenitiesExcellent fit
Buyers comfortable doing extra due diligence given the limited current sales dataExcellent fit
Buyers seeking a Largo location without an amenity-fee structure attachedExcellent fit
Buyers who want a documented clubhouse, pool, or other shared recreational amenityProbably not
Buyers who need a deep bench of recent comparable sales to feel confident on pricingProbably not
Buyers unwilling to do independent verification of condition and value given the thin MLS recordProbably not

Data sources & freshness

Under-contract sharesStellar MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2007 (1 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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Schools serving nearby communities

We do not have a confirmed school assignment for Lake Alison. These are the public schools most often assigned to other communities in ZIP 33771; zones change and vary by address, so confirm with the district before you buy.

Assignments from district data for neighboring communities; grades are official Florida Department of Education school grades (2025-26).

Common questions about Lake Alison

Where is Lake Alison?

Lake Alison is a community in Largo, Pinellas County, Florida, ZIP 33771.

Are there homes for sale in Lake Alison right now?

No active listings inside Lake Alison at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.

Does Lake Alison have an HOA or CDD?

No HOA is on record for Lake Alison in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.

Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.

Nearby Communities

Explore more neighborhoods near Lake Alison with Momentum Realty’s local guides.

Lake Alison0.1 mi away · median $359K, 4 sales/12 moBPBellevue Park0.3 mi away · median $388K, 3 sales/12 moMSMagnolia Square Condo Inc0.3 mi away · 2 for saleBGBelcher Gordon F0.5 mi awayW3Willowbrook 3 Condo0.5 mi awayWCWillowbrook Condo0.5 mi away · median $134K, 3 sales/12 moWCWillowbrook Condo0.5 mi awayRoosevelt Groves0.5 mi away · median $280K, 11 sales/12 mo

Browse all neighborhood guides →

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