PARADISE LAKES in LUTZ

PARADISE LAKES
Homes for Sale in LUTZ, FL

Community in LUTZ · Pasco County · ZIP 33558
232 homesBuilt 1981–1986Median sale $200K
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Live Market Pulse
45/100
Market Heat
Normal for PARADISE LAKES
2016 → 2026 · 78 at the 2022 peak
0 is PARADISE LAKES's coldest market since 2016, 100 its hottest. Today: 45. How it's scored
Built fromLive Stellar MLS data12 years of closingsFL DOR public recordsUpdated twice daily
Live · PARADISE LAKES Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$200K
Median sold · 12 mo
down 12.3% vs the prior 12 months
-12.3%
1-yr price change
n = 3 and 6 sales in the two windows
$198/sf
Sold $/sqft · 12 mo
peak $276 in 2024
96.2%
Sale vs ask
Tempo
85days
Median DOM · closed
0 days at the 2022 low
100%
Under contract
Pasco: 24% (1,350 of 5,734)
0 · 1
For sale · pending
live counts, refreshed twice daily
3
Sold · last 12 mo
10-yr average: about 3 a year
Ownership and context
36%
Owner-occupied · PARADISE LAKES
83 of 232 parcels homesteaded (FL DOR 2025)
64%
Non-owner-occupied · PARADISE LAKES
incl. 21% trust or LLC-held · 19% out-of-state
67%
Cash buyers · PARADISE LAKES
2 of 3 sales, 12 mo ending June 2026
232
Homes in the community
232 residential parcels (FL DOR 2025)
Track record · 12 years of records
Est. 1981
Community established
homes built 1981-1986, median 1982 (FL DOR 2025)
1
Failed listings · 2026
peaked at 46 in 2021
1,135sqft
Median sold home size
12-mo windows, closed sales
1.3%/yr
Turnover rate
about 3 of 232 homes trade a year
PARADISE LAKES Housing Pulse · Momentum Research · as of August 2, 2026

PARADISE LAKES right now

🔴 Off the recent peak. The trailing-12-month median ($200K) is down 12.3% from the prior 12 months ($228K). With about 3 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: Low (3 and 6 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

PARADISE LAKES market snapshot (as of August 2, 2026): the median sale price is about $200K ($198 per sq ft over the trailing 12 months of closed sales), and a median 85 days on market for closed sales. The trailing-12-month median is down 12% from the prior 12 months, computed from record-level Stellar MLS closed sales (3 closings in the current window).

PARADISE LAKES is a community of 232 homes in LUTZ, Pasco County, built between 1981 and 1986 (median 1982), with a median living area of about 485 square feet. 36% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Price History: What Homes Here Have Actually Sold For

Median sale price over the trailing 12 months ending August 2 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($200K) IS the median in the snapshot above, and the move from 2025 ($228K) IS the -12.3% one-year change.

Windows contain 0 to 8 sales each (3 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 2014 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$100K$150K$200K$250K2014201620182020202220242026
Down 12.3% year over year.
Every sale since 2014 · price vs size
$0$200K$400K2k4k
34 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$2002014201620182020202220242026
Up from $105 in 2014 to a $276 peak in 2024; $198 now.
Median days on market · closed sales
01002002014201620182020202220242026
0 days at the 2022 low; 85 now.
Sale price vs original ask · median
90%95%100%2014201620182020202220242026
96.2% now.
Homes sold per 12-mo window
02582014201620182020202220242026
0 to 8 a year; 3 in the current window.
Sellers who gave up · failed listings per year
020402004200820122016202020242026
Canceled, expired, or withdrawn. 46 quit in 2021; 1 so far in 2026. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2016202220242026
78 at the 2022 peak, 28 in the troughs, 45 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).

PARADISE LAKES Market Scorecard

Balanced

PARADISE LAKES is currently a balanced market., and homes go under contract in about 10 days.

$200,000
Median sold
$176
List $/sqft
10
Days on mkt
1/0/3
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Stellar MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in PARADISE LAKES

Live MLS inventory for PARADISE LAKES. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending PARADISE LAKES listings as of 2026-08-24, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2014 through 2026. Tap any home to ask about it.

Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.

Community amenities as reported across realMLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

Schools

In short
  • Pasco County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Pasco or Hillsborough Schools (verify by address) · Public
  • County line splits the 33558 area, confirm district · By address
  • Magnet and choice options may apply · Choice

Zoned schools reflect the assignments reported on recent PARADISE LAKES listings and can change; always confirm with Pasco County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any PARADISE LAKES address.

If we were buying in PARADISE LAKES 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 PARADISE LAKES.

A closer look at the PARADISE LAKES market

At a median of $198 per square foot, PARADISE LAKES prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

The trailing-12-month median down 12% year over year. Homes that do trade take a median 85 days on market, useful leverage on any listing that has lingered.

The housing stock is 232 homes built between 1981 and 1986, and 36% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

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

Jon Brooks · Founder, Momentum Realty
4.7C- · Buy Score
Recent Direction2.9/10
Owner Commitment3.6/10
Pricing Power7.5/10

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 (4.7). Basis: Recent Direction -12.3% year-over-year; Owner Commitment 36% owner-occupied; Pricing Power 96.2% sale-to-list. Refreshed with each data update.

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 PARADISE LAKES sales matched to your home.

What is your PARADISE LAKES home worth?

Get a no-obligation home value based on real comparable sales in PARADISE LAKES, 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 PARADISE LAKES on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in PARADISE LAKES?
The median sale price in PARADISE LAKES was $200K over the 12 months ending August 2, 2026 (3 closed sales, Stellar MLS).
How long do homes in PARADISE LAKES take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 85 days on market (3 sales, Stellar MLS).
How many homes are in PARADISE LAKES?
The Florida DOR 2025 assessment roll shows 232 homes in PARADISE LAKES (public records).
What share of PARADISE LAKES is owner-occupied?
36% of PARADISE LAKES parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in PARADISE LAKES built?
Homes in PARADISE LAKES were built between 1981 and 1986, with a median year built of 1982 (FL DOR 2025 roll).
Do cash buyers compete in PARADISE LAKES?
Cash buyers took 67% of PARADISE LAKES sales in the 12 months ending June 2026 (2 of 3 closings, Stellar MLS).
What schools serve PARADISE LAKES?
PARADISE LAKES is served by Pasco County Public Schools, typically Pasco or Hillsborough Schools (verify by address) and County line splits the 33558 area, confirm district. Confirm the exact zoning by address with the district.
Who is the best real estate agent for PARADISE LAKES?
The best agent for PARADISE LAKES 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 PARADISE LAKES.
How do I find a top LUTZ real estate agent who knows PARADISE LAKES?
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 PARADISE LAKES and the wider LUTZ area.
Can Momentum Realty connect me with an agent for PARADISE LAKES?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your PARADISE LAKES purchase or sale - no call center and no pressure.

Nearby Communities

Explore more neighborhoods near PARADISE LAKES with Momentum Realty’s local guides.

CHCrescent Hill6.2 mi awayLCLake Como Park Estates Pomona Park6.5 mi awayLDLazy Days Welaka7.2 mi awayBPBeechers Point Riverbend Welaka7.6 mi awayLCLake Crescent Estates Crescent City7.9 mi awaySHSportsmans Harbor Welaka8.9 mi awaySHSaratoga Harbor Satsuma11.3 mi awaySHSatsuma Heights Satsuma12.4 mi away

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: July 14, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (community parcel extract)
Under-contract sharesStellar MLS records, as of 2026-08-01
Schools2025-26 district assignments + FLDOE school grades; verify with the district
Historical depthClosed-sale records back to 2014 (34 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 your area comps.

Looking to buy here? Search homes for sale →

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CallFree valuation →
Thinking of selling in PARADISE LAKES? 3 recorded closings; median 85 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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