MORSANI PH 1
Homes for Sale in LUTZ, FL

Community in LUTZ · Pasco County · ZIP 33558
412 homesBuilt 1945–2024Median sale $655K
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Live Market Pulse
55/100
Market Heat
Normal for MORSANI PH 1
2019 → 2026 · 78 at the 2022 peak
0 is MORSANI PH 1's coldest market since 2019, 100 its hottest. Today: 55. How it's scored
Built fromLive Stellar MLS data7 years of closingsFL DOR public recordsUpdated twice daily
Live · MORSANI PH 1 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$655K
Median sold · 12 mo
down 6.4% vs the prior 12 months
-6.4%
1-yr price change
n = 8 and 15 sales in the two windows
$245/sf
Sold $/sqft · 12 mo
peak $288 in 2023
99.2%
Sale vs ask
Pasco median: 95.5%
Tempo
49days
Median DOM · closed
5 days at the 2022 low
8
Sold · last 12 mo
10-yr average: about 8 a year
Ownership and context
78%
Owner-occupied · MORSANI PH 1
350 of 450 parcels homesteaded (FL DOR 2025)
22%
Non-owner-occupied · MORSANI PH 1
incl. 4% trust or LLC-held · 5% out-of-state
22%
Cash buyers · MORSANI PH 1
2 of 9 sales, 12 mo ending June 2026
412
Homes in the community
plus 38 vacant residential lots · 450 residential parcels (FL DOR 2025)
Track record · 7 years of records
Est. 1945
Community established
homes built 1945-2024, median 2019 (FL DOR 2025)
0
Failed listings · 2025
peaked at 12 in 2025
2,870sqft
Median sold home size
12-mo windows, closed sales
1.9%/yr
Turnover rate
about 8 of 412 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Morsani Ph 1 is a small, newer-construction pocket in Lutz — 152 homes, all built between 2016 and 2021, with a median size north of 3,000 square feet. Price here is driven by that combination: recent build quality, larger floor plans, and a limited number of doors. The median sits at $825,000, and at roughly $227 per square foot, you're paying for space and age of construction rather than a premium location markup. With so few homes and a tight construction window, there isn't much variety to arbitrage — the spread you see comes down to condition, lot, and finish level, not fundamentally different product.

The current posture is fast. A median of 3 days on market tells you well-priced homes here are not sitting, and with only 4 closings in the window, every listing carries weight in the comps. For sellers, that speed is leverage — but it rests on realistic pricing, because thin recent activity means a mispriced home stands out immediately. For buyers, be ready to move and don't expect long negotiation runways; the homes that linger are usually the ones asking above what the finishes support.

MORSANI PH 1 Housing Pulse · Momentum Research · as of August 2, 2026

MORSANI PH 1 right now

🟡 Off the recent peak. The trailing-12-month median ($655K) is down 6.4% from the prior 12 months ($700K). With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending August 2. Confidence: Medium (8 and 15 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated August 2, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

MORSANI PH 1 market snapshot (as of August 2, 2026): the median sale price is about $655K ($245 per sq ft over the trailing 12 months of closed sales), and a median 49 days on market for closed sales. The trailing-12-month median is down 6% from the prior 12 months, computed from record-level Stellar MLS closed sales (8 closings in the current window).

MORSANI PH 1 is a community of 412 homes in LUTZ, Pasco County, built between 1945 and 2024 (median 2019), with a median living area of about 2,647 square feet. 78% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

This is a compact enclave of large, relatively young homes where nearly all owners occupy their properties — a homestead share above 94% signals a community held rather than traded, which keeps inventory scarce and turnover low.

Best for

  • Buyers targeting a newer, 3,000-plus-square-foot home who can commit around the mid-$800s
  • Long-hold owners who value a stable, owner-occupied community over frequent turnover
  • Decisive buyers prepared to move quickly when a listing appears

Probably not for

  • Buyers seeking smaller or older homes, or a wide range of options to compare
  • Shoppers working well below the mid-$800s median price point
  • Buyers who want extended negotiation and slow-market leverage

Windows contain 0 to 21 sales each (8 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2019 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$400K$500K$600K$700K2020202220242026
Down 6.4% year over year.
Every sale since 2019 · price vs size
$0$500K$1M2k3k4k
67 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$150$200$250$3002020202220242026
Up from $135 in 2019 to a $288 peak in 2023; $245 now.
Median days on market · closed sales
0501002020202220242026
5 days at the 2022 low; 49 now.
Sale price vs original ask · median
92%95%98%100%2020202220242026
99.2% now vs Pasco 95.5%.
Homes sold per 12-mo window
010202020202220242026
0 to 21 a year; 8 in the current window.
Sellers who gave up · failed listings per year
05102020202220242025
Canceled, expired, or withdrawn. 12 quit in 2025; 0 so far in 2025. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning202220242026
78 at the 2022 peak, 25 in the troughs, 55 now. Same score as the hero card, full history.
How much local inventory is already under contract

28% of homes for sale in ZIP 33558 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-08-01).

If we were buying in MORSANI PH 1 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 MORSANI PH 1.

Best Buy
Buyers who want a newer, larger home in a stable, owner-occupied Lutz enclave.
Biggest Risk
Thin inventory and few recent closings mean choices are limited and comps are sparse.
Sweet Spot
A well-maintained home near the mid-$800s that reflects its finish level.
Avoid If
You need flexibility on size, age, or a long negotiation runway.

A held community with thin turnover

The defining structural fact here is the homestead share of 94.1%. When that much of a community is owner-occupied, you get very little standing inventory and listings that appear and clear quickly — consistent with the 3-day median days on market. That's a strength for stability but a constraint for buyers, who may wait for the right home rather than choose among several at once.

Because construction is concentrated in a narrow 2016-to-2021 band with a 2018 median, the housing stock is consistent in age and generally scaled large. That uniformity makes pricing easier to read than in a mixed-age neighborhood, but it also means the median of $825,000 reflects a fairly specific product — sizable, newer homes. Buyers looking for something smaller or older simply won't find it in this phase.

The location and the amenities are priced into every listing in MORSANI PH 1. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
7.2B · Buy Score
Recent Direction4.4/10
Owner Commitment7.8/10
Pricing Power9.5/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (7.2). Basis: Recent Direction -6.4% year-over-year; Owner Commitment 78% owner-occupied; Pricing Power 99.2% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a low-inventory, fast-moving pocket like this, the edge is knowing what a home is worth before it hits the market and being ready to act inside the short window it stays available. With only a handful of recent closings, we read the comps carefully rather than lean on automated estimates, and we'll tell you plainly when an asking price runs ahead of what the finishes and lot support.

MORSANI PH 1 in 15 seconds.

Best forBuyers who want a newer, larger home in a stable, owner-occupied Lutz enclave.
Biggest advantageConsistent newer stock and a tight construction window make pricing easy to read.
Biggest riskThin inventory and few recent closings mean choices are limited and comps are sparse.
Sweet spotA well-maintained home near the mid-$800s that reflects its finish level.
Avoid ifYou need flexibility on size, age, or a long negotiation runway.

HOA, CDD & Fees

In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed MORSANI PH 1 sales matched to your home.

What is your MORSANI PH 1 home worth?

Get a no-obligation home value based on real comparable sales in MORSANI PH 1, 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 homes for sale in MORSANI PH 1 on the map →

Real comps, not an automated estimate.

Recent Developments in Morsani Ph 1

Development, infrastructure, retail, and school activity affecting Morsani Ph 1, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.

  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 east of Morsani Ph 1, 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 2 miles west of Morsani Ph 1.

    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 6 miles west of Morsani Ph 1.

    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 site is about 7 miles southeast of Morsani Ph 1.

    Source: HCO News

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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.

Frequently Asked Questions

What is the median home price in MORSANI PH 1?
The median sale price in MORSANI PH 1 was $655K over the 12 months ending August 2, 2026 (8 closed sales, Stellar MLS).
How long do homes in MORSANI PH 1 take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 49 days on market (8 sales, Stellar MLS).
How many homes are in MORSANI PH 1?
The Florida DOR 2025 assessment roll shows 412 homes plus 38 vacant residential lots in MORSANI PH 1 (public records).
What share of MORSANI PH 1 is owner-occupied?
78% of MORSANI PH 1 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in MORSANI PH 1 built?
Homes in MORSANI PH 1 were built between 1945 and 2024, with a median year built of 2019 (FL DOR 2025 roll).
Do cash buyers compete in MORSANI PH 1?
Cash buyers took 22% of MORSANI PH 1 sales in the 12 months ending June 2026 (2 of 9 closings, Stellar MLS).
Who is the best real estate agent for MORSANI PH 1?
The best agent for MORSANI PH 1 is one who actively works LUTZ and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for MORSANI PH 1.
How do I find a top LUTZ real estate agent who knows MORSANI PH 1?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows MORSANI PH 1 and the wider LUTZ area.
Can Momentum Realty connect me with an agent for MORSANI PH 1?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your MORSANI PH 1 purchase or sale - no call center and no pressure.
Buyers targeting a newer, 3,000-plus-square-foot home who can commit around the mid-$800sExcellent fit
Long-hold owners who value a stable, owner-occupied community over frequent turnoverExcellent fit
Decisive buyers prepared to move quickly when a listing appearsExcellent fit
Buyers seeking smaller or older homes, or a wide range of options to compareProbably not
Shoppers working well below the mid-$800s median price pointProbably not
Buyers who want extended negotiation and slow-market leverageProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (9 streets, ZIP 33558))
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-sale records back to 2019 (67 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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More Lutz (Pasco) & Tampa North / Pasco County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Tampa North / Pasco County or the full Neighborhood Finder.

Thinking of selling in MORSANI PH 1? 8 recorded closings; median 49 days on market (window ending 2026-08-02). See the Pasco County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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