Park Lake Estates in New Port Richey

Park Lake Estates
Homes for Sale in New Port Richey, FL

All 1,064 homes for sale in New Port Richey, FL · median $275,000 · 179 homes for sale in 34653 · Pasco County homes for sale

Community in New Port Richey · Pasco County · ZIP 34653
224 homesBuilt 1978–1993Median sale $287K
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Built fromLive Stellar MLS data7 years of closingsFL DOR public recordsUpdated twice daily

As of November 2026, Park Lake Estates in New Port Richey, FL has 7 homes for sale and 3 pending, asking from $245,000 to $434,900 (median $299,900). Over the 12 months ending 2026-11-13, 10 recorded sales closed at a median of $287,450, $195 per square foot, a median 46 days on market, sellers accepting 93% of original asking. Homes listed or recently sold were built 1978 - 1992; 7 of 22 report an HOA (median $3/mo); 6 of the 22 geocoded homes sit in a FEMA special flood hazard zone (median elevation 23 ft). At the median price and Pasco County's FY2025-26 rate of 16.15 mills, annual property tax runs about $4,640 ($3,990 with the full homestead exemption).

Live · Park Lake Estates Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$287K
Median sold · 12 mo
$195/sf
Sold $/sqft · 12 mo
peak $195 in 2026
93.1%
Sale vs ask
Pasco median: 95.5%
Tempo
2.8mo
Supply
3 to 6 months is the balanced band
46days
Median DOM · closed
46 days at the 2026 low
30%
Under contract
Pasco: 20% (1,165 of 5,853)
7 · 3
For sale · pending
live counts, refreshed twice daily
10
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
72%
Owner-occupied · Park Lake Estates
161 of 224 parcels homesteaded (FL DOR 2025)
28%
Non-owner-occupied · Park Lake Estates
incl. 11% trust or LLC-held · 14% out-of-state
224
Homes in the community
224 residential parcels (FL DOR 2025)
Track record · 7 years of records
19
Recorded sales · 2024-2025
median $310K · qualified sales on the county roll (FL DOR 2025)
1978–1993
Years homes were built
median 1980 · county roll (FL DOR 2025)
1,462sqft
Median sold home size
12-mo windows, closed sales
4.5%/yr
Turnover rate
about 10 of 224 homes trade a year

Homes For Sale Right Now in Park Lake Estates

Live MLS inventory for Park Lake Estates. 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 Park Lake Estates listings as of 2026-11-12, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2019 through 2026. Tap any home to ask about it.

Park Lake Estates Housing Pulse · Momentum Research · as of November 13, 2026

Park Lake Estates right now

🔴 Seller-leaning market. 2.8 months of supply and 30% of the inventory already under contract give sellers the pressure advantage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of November 13, 2026. Confidence: High (10 active and pending listings, 10 closed sales in 12 months).

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

· Updated November 14, 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

Park Lake Estates market snapshot (as of November 13, 2026): the median sale price is about $287K ($195 per sq ft over the trailing 12 months of closed sales), a median 46 days on market for closed sales, and 2.8 months of supply, a seller-leaning market.

In ZIP 34653 (New Port Richey), 380 homes closed in the last 12 months at a median of $240K ($189/sq ft), down 1.1% year over year, with a median 36 days on market. Right now 83 active and 25 pending listings put supply at about 2.6 months - a balanced market. See the live ZIP 34653 housing market and the Pasco County market.

County records show 19 qualified sales in Park Lake Estates across 2024 - 2025 (14 in 2024, 5 in 2025), median $310,000 - the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Flood zones in Park Lake Estates: of 18 listing addresses checked against the FEMA National Flood Hazard Layer, 67% sit outside the FEMA Special Flood Hazard Area (Zone X); 33% are in an A-series high-risk zone where flood insurance is required with a federally backed mortgage. Individual parcels vary - verify any specific address at msc.fema.gov. See flood zones by neighborhood in New Port Richey.

Park Lake Estates is a community of 224 homes in New Port Richey, Pasco County, built between 1978 and 1993 (median 1980.0), with a median living area of about 1,728 square feet. 72% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 0 to 10 sales each (10 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.

Homes sold per 12-mo window
05102020202220242026
0 to 10 a year; 10 in the current window.

Park Lake Estates Market Scorecard

Buyer's market

Park Lake Estates is currently a buyer's market. About 7.0 months of supply, a median asking price of $299,900, and homes go under contract in about 63 days.

7.0
Months supply
$299,900
Median list
$287,450
Median sold
$206
Per sqft
63
Days on mkt
7/3/12
Active/Pend/Sold

Typical home value in the 34653 ZIP is $249,426, about 5.7% above the Florida norm (Zillow Home Value Index).

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

Live data: Stellar MLS, distributed by MLS GRID, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Listing locations from Stellar MLS. Map data © OpenStreetMap contributors.

Schools

In short
  • Pasco County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Deer Park Elementary-PO · Elementary
  • River Ridge Middle-PO · Middle
  • River Ridge High-PO · High

Zoned schools reflect the assignments reported on recent Park Lake Estates 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 Park Lake Estates address.

Recent Developments in Park Lake Estates

Development, infrastructure, retail, and school activity affecting Park Lake Estates, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.

Dev Momentum70/100 · High
  1. October 2026
    Retail & Dining

    Tien's Sandwich banh mi and boba shop set to open in Wesley Chapel

    Tien's Sandwich is expected to open in November at 2557 Mansfield Blvd. in the Wiregrass Ranch area of Wesley Chapel.

    What it may mean for the marketThe shop adds another independent dining option near the Wiregrass Ranch retail area. The project is about 21 miles east of Park Lake Estates, elsewhere in Pasco County.

    Source: Tampa Bay Beacons
  2. October 2026
    Parks & Amenities

    Pasco commissioners approve purchase of 153 acres south of Wesley Chapel District Park

    Commissioners unanimously approved a contract to buy about 153 acres south of the park, in four phases of roughly 39 acres over four years. The first phase is funded in fiscal 2027 from parks impact fees. The land is meant to add nature areas and playing fields, and funding for building facilities is not yet identified.

    What it may mean for the marketThe acquisition sets aside room for added recreation capacity in the Wesley Chapel area, though facilities are years away. The project is about 22 miles east of Park Lake Estates, elsewhere in Pasco County.

    Source: Tampa Bay Beacons
  3. August 2026
    Development

    Proposal would convert Port Richey hotel into 122 apartments

    HCM Hospitality seeks a rezoning to convert the 156-room La Vista Inn at 11736 U.S. 19 on 4.54 acres into a 122-unit apartment community. The Pasco County Planning Commission unanimously recommended approval with conditions, and the item goes next to the County Commission.

    What it may mean for the marketAdaptive reuse would add rental housing along the U.S. 19 corridor without new traffic beyond existing entitlements. The site is about 4 miles northwest of Park Lake Estates.

    Source: Tampa Bay Business and Wealth
  4. 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 project is about 14 miles east of Park Lake Estates, elsewhere in Pasco County.

    Source: Tampa Bay Times
  5. 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 11 miles northeast of Park Lake Estates.

    Source: WUSF
  6. 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 project is about 20 miles east of Park Lake Estates, elsewhere in Pasco County.

    Source: HCO News

Development alerts for Park Lake EstatesGet a short monthly email when something new is approved, funded, or opens near Park Lake Estates.

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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.

If we were buying in Park Lake Estates 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

Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.

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 Park Lake Estates.

A closer look at the Park Lake Estates market

At a median of $195 per square foot, Park Lake Estates prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

Inventory runs at 2.8 months of supply, a seller-leaning market. Homes that do trade take a median 46 days on market, useful leverage on any listing that has lingered.

The housing stock is 224 homes built between 1978 and 1993, and 72% 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 Park Lake Estates. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
6.6B- · Buy Score
Liquidity & Demand7.2/10
Owner Commitment7.2/10
Pricing Power5.4/10

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 (6.6). Basis: Liquidity & Demand 2.8 months of supply; Owner Commitment 72% owner-occupied; Pricing Power 93.1% sale-to-list. Refreshed with each data update.

The takeaway

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

What is your Park Lake Estates home worth?

Get a no-obligation home value based on real comparable sales in Park Lake Estates, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Recently off market in Park Lake Estates

Homes in Park Lake Estates that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 8 on record.

Housing distress & ownership in Park Lake Estates, New Port Richey

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 9 listings
Distress share trend - 0.0% now (2026-08-10 → 2026-11-13)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period November 2026 through November 2026. Deemed reliable but not guaranteed.

Just listed in Park Lake Estates

The newest homes for sale in Park Lake Estates right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.

Checked against the MLS Nov 14, 2026. All new listings in this market.

Every Home for Sale in Park Lake Estates Right Now (10)

All 10 active and pending Park Lake Estates listings with a detail page, newest first, refreshed twice a day from the MLS.

Streets in this community

Street-level pages: every home on record, what sold and what is for sale on each street.

What it really costs to own in Park Lake Estates

The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.

HOA duesMLS listings here mostly enter dues as billed annually, but the median entry is only $43/year across 6 listings (2026-11-14), which usually means a quarterly or monthly amount was entered as annual. Ask the association for the current dues.
Home and flood insuranceThe average Citizens Property Insurance premium in Pasco County is $1,659/yr (8,233 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. Flood: of 17 listing addresses checked against the FEMA flood map, 65% sit outside the high-risk zone and 35% inside one, where flood insurance is required with a federally backed mortgage. Statewide, a Zone X flood policy runs about $500-$700/yr and a high-risk zone $1,200-$2,500/yr (FEMA Risk Rating 2.0 averages, not quotes).
Roof and ageMedian build year 1981 across 18 listings. An original roof here would be about 45 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails.

Email me new listings in Park Lake Estates

One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.

Equal Housing Opportunity. Every community is open to everyone; alerts are about homes, never about who lives here.

Ask an agent about Park Lake Estates

Have a question about the homes, fees, rules or commute here? A Momentum agent who works Park Lake Estates will answer, and the answer is published on this page for the next buyer.

Property facts only: homes, fees, rules, commute. Every community is open to everyone; agents do not answer questions about who lives here.

Frequently Asked Questions

What is the median home price in Park Lake Estates?
The median sale price in Park Lake Estates was $287K over the 12 months ending November 13, 2026 (10 closed sales, Stellar MLS).
How long do homes in Park Lake Estates take to sell?
Homes that closed in the 12 months ending November 13, 2026 took a median 46 days on market (10 sales, Stellar MLS).
Is Park Lake Estates a buyer's or seller's market right now?
As of November 13, 2026, Park Lake Estates leans toward sellers: 2.8 months of supply at the current sales pace (Stellar MLS live counts).
How many homes are in Park Lake Estates?
The Florida DOR 2025 assessment roll shows 224 homes in Park Lake Estates (public records).
What share of Park Lake Estates is owner-occupied?
72% of Park Lake Estates parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Park Lake Estates built?
Homes in Park Lake Estates were built between 1978 and 1993, with a median year built of 1980.0 (FL DOR 2025 roll).
Who is the best real estate agent for Park Lake Estates?
The best agent for Park Lake Estates is one who actively works New Port Richey 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 Park Lake Estates.
How do I find a top New Port Richey real estate agent who knows Park Lake Estates?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Park Lake Estates and the wider New Port Richey area.
Can Momentum Realty connect me with an agent for Park Lake Estates?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Park Lake Estates purchase or sale - no call center and no pressure.
Where is Park Lake Estates, and what county is it in?
Park Lake Estates is in New Port Richey, Pasco County, FL, ZIP 34653. The community's center is about 3 miles south of the center of New Port Richey (straight-line).
Is Park Lake Estates in a flood zone?
Partly. Of 17 homes we sampled in Park Lake Estates, 65% sit outside a FEMA Special Flood Hazard Area (Zone X) and 35% are inside one (Zone A or AE), where a lender requires flood insurance. Flood zones are drawn parcel by parcel, so check the exact address on FEMA's flood map before you close; the flood section on this page shows the community's mix.
Is Park Lake Estates a good place to live?
That depends on your budget, commute and what you want in a home, so here is what the data says about Park Lake Estates: the median sale price over the last 12 months was $287K (10 sales), 7% above the New Port Richey median of $269K; homes took a median 46 days to go under contract; the assessment roll counts 224 homes, 72% of them homesteaded (owner-occupied); supply is 2.8 months at the current sales pace, which favors sellers. The full numbers, price history and the flood and school sections are above.

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: November 12, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending November 13, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (5 streets, ZIP 34653))
Under-contract sharesStellar MLS records, as of 2026-11-13
Historical depthClosed-sale records back to 2019 (12 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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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. A Momentum agent can price yours against live local comps.

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