Morsani Ph 1
Homes for Sale in Lutz, FL

Community in Lutz · Pasco County
152 homesBuilt 2016–2021Median sale $825K
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Stellar MLS data5 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
$825K
Median sold · 12 mo
$227/sf
Sold $/sqft · 12 mo
peak $257 in 2023
100.0%
Sale vs ask
Pasco median: 95.5%
Tempo
3days
Median DOM · closed
3 days at the 2026 low
4
Sold · last 12 mo
10-yr average: about 4 a year
Ownership and context
94%
Owner-occupied · Morsani Ph 1
143 of 152 parcels homesteaded (FL DOR 2025)
6%
Non-owner-occupied · Morsani Ph 1
incl. 2% trust or LLC-held · 1% out-of-state
40%
Cash buyers · Morsani Ph 1
2 of 5 sales, 12 mo ending June 2026
152
Homes in the community
152 residential parcels (FL DOR 2025)
Track record · 5 years of records
Est. 2016
Community established
homes built 2016-2021, median 2018 (FL DOR 2025)
0
Failed listings · 2025
peaked at 4 in 2025
3,531sqft
Median sold home size
12-mo windows, closed sales
2.6%/yr
Turnover rate
about 4 of 152 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.

The 60-Second Overview

Morsani Ph 1 market snapshot (as of July 13, 2026): the median sale price is about $825K ($227 per sq ft over the trailing 12 months of closed sales), and a median 3 days on market for closed sales.

Morsani Ph 1 is a community of 152 homes in Lutz, Pasco County, built between 2016 and 2021 (median 2018), with a median living area of about 3,073 square feet. 94% 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 10 sales each (4 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 %s through %s. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
0510202220242026
0 to 10 a year; 4 in the current window.

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

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?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Morsani Ph 1?
The median sale price in Morsani Ph 1 was $825K over the 12 months ending July 13, 2026 (4 closed sales, Stellar MLS).
How long do homes in Morsani Ph 1 take to sell?
Homes that closed in the 12 months ending July 13, 2026 took a median 3 days on market (4 sales, Stellar MLS).
How many homes are in Morsani Ph 1?
The Florida DOR 2025 assessment roll shows 152 homes in Morsani Ph 1 (public records).
What share of Morsani Ph 1 is owner-occupied?
94% 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 2016 and 2021, with a median year built of 2018 (FL DOR 2025 roll).
Do cash buyers compete in Morsani Ph 1?
Cash buyers took 40% of Morsani Ph 1 sales in the 12 months ending June 2026 (2 of 5 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 July 13, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (4 streets, ZIP 33558))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2021 (23 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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