Park Lake Estates
Homes for Sale in New Port Richey, FL
All 952 homes for sale in NEW PORT RICHEY, FL · median $274,950 · 150 homes for sale in 34653 · Pasco County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
As of October 2026, Park Lake Estates in New Port Richey, FL has 8 homes for sale and 1 pending, asking from $255,000 to $444,900 (median $309,450). Over the 12 months ending 2026-09-20, 26 recorded sales closed at a median of $317,450, $206 per square foot, a median 29 days on market, sellers accepting 95% of original asking (+6% versus the prior year). Homes listed or recently sold were built 1978 - 1992; 7 of 21 report an HOA (median $3/mo); 7 of the 21 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 $5,130 ($4,480 with the full homestead exemption).
| Location | NEW PORT RICHEY, Pasco County, FL · ZIP 34653 |
|---|---|
| Homes in the community | 142 (FL DOR 2025 assessment roll) |
| Years built | 1978–1994 (median 1984.0) |
| Typical living area | 1,792 sq ft (median) |
| Home types (current listings and sales) | single-family 100% |
| Amenities listed by sellers | Deed Restrictions, Fire Alarm, Park |
| Sale prices, last 12 months | $317,450 median across 26 closed sales · $206 per sq ft · +6.2% vs the prior 12 months |
| Days on market (closed sales) | 29 median |
| For sale right now | 7 active, 2 pending · median asking $319,900 · 2.9 months of supply |
| Owner-occupied (homestead) share | 73% |
Data as of September 20, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2004 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Park Lake Estates key facts,” movewithmomentum.com/neighborhoods/park-lake-estates, data as of September 20, 2026.
Last 30 days in Park Lake Estates: 4 new listings (median asking $334,900), 1 under contract right now, 2 closed sales (median $289,950). As of October 2, 2026, Listings courtesy of Stellar MLS as distributed by MLS GRID.
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 2026-10-01, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2004 through 2026. Tap any home to ask about it.
Every Home for Sale in Park Lake Estates Right Now (8)
All 8 active and pending Park Lake Estates listings with a detail page, newest first, refreshed twice a day from the MLS.
- 4240 Cotton Tail Drive · $299,000 · 2 bd / 2 ba · listed Sep 24, 2026 · listed by Re/Max Champions
- 4331 Swallowtail Drive · $319,900 · 3 bd / 2 ba · listed Sep 10, 2026 · listed by Charles Rutenberg Realty Inc
- 4607 Sawgrass Boulevard · $444,900 · 3 bd / 2 ba · listed Aug 27, 2026 · listed by Lpt Realty, Llc.
- 4135 Cotton Tail Drive · $255,000 · 2 bd / 2 ba · listed Aug 9, 2026 · listed by Realty One Group Mvp
- 8034 Badger Lane · $290,000 · 3 bd / 2 ba · pending · listed Jul 9, 2026 · listed by Future Home Realty Inc
- 4816 W Addax Drive · $294,900 · 3 bd / 2 ba · listed Jul 8, 2026 · listed by Entera Realty Llc
- 4341 Otter Way · $329,900 · 3 bd / 2 ba · listed Jul 7, 2026 · listed by Coldwell Banker Realty
- 4745 Swallowtail Drive · $278,000 · 2 bd / 2 ba · listed Jul 2, 2026 · listed by Dalton Wade Inc
Park Lake Estates right now
🔴 Seller-leaning market. 2.9 months of supply and 22% 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 September 20, 2026. Confidence: Very High (9 active and pending listings, 26 closed sales in 12 months).
🟡 Still climbing. The trailing-12-month median ($317K) is up 6.2% from the prior 12 months ($299K) and up 302% since 2012. With about 20 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 September 20. Confidence: High (26 and 27 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 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
Park Lake Estates market snapshot (as of September 20, 2026): the median sale price is about $317K ($206 per sq ft over the trailing 12 months of closed sales), a median 30 days on market for closed sales, and 2.9 months of supply, a seller-leaning market. The trailing-12-month median is up 6% from the prior 12 months and up 302% since 2012, computed from record-level Stellar MLS closed sales (26 closings in the current window).
In ZIP 34653 (NEW PORT RICHEY), 1,316 homes closed in the last 12 months at a median of $240K ($184/sq ft), down 1.6% year over year, with a median 36 days on market. Right now 154 active and 49 pending listings put supply at about 3.0 months - a balanced market. See the live ZIP 34653 housing market and the Pasco County market.
County records show 15 qualified sales in Park Lake Estates across 2024 - 2025 (11 in 2024, 4 in 2025), median $338,000 - 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, 61% sit outside the FEMA Special Flood Hazard Area (Zone X); 39% 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 142 homes in New Port Richey, Pasco County, built between 1978 and 1994 (median 1984.0), with a median living area of about 1,792 square feet. 73% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
The setting & the homes.
Aerial and on-site photos of Park Lake Estates. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Photos from Stellar MLS listings in Park Lake Estates; content deemed reliable but not guaranteed.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($317K) IS the median in the snapshot above, and the move from 2025 ($299K) IS the +6.2% one-year change.
Windows contain 0 to 49 sales each (26 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 2004 through 2026. Deemed reliable but not guaranteed.
22% of homes for sale in ZIP 34653 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 (2026-10-02).
Park Lake Estates Market Scorecard
Park Lake Estates is currently a seller's market. About 3.3 months of supply, a median asking price of $309,450, and homes go under contract in about 63 days.
Typical home value in the 34653 ZIP is $250,205, about 5.8% 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.
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.
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 September 2026 through September 2026. Deemed reliable but not guaranteed.
Park Lake Estates on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.
Schools
- 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.
Shop the zone: Homes zoned for River Ridge High-Po High School
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 August 2026.
- July 2026Development
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 22 miles east of Park Lake Estates, elsewhere in Pasco County.
Source: Florida YIMBY - April 2026Development
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 - January 2026Development
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 - January 2026Development
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
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.
The Park Lake Estates buying strategy.
If we were buying in Park Lake Estates today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 $206 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 2.9 months of supply, a seller-leaning market and the trailing-12-month median up 6% year over year. Homes that do trade take a median 30 days on market, useful leverage on any listing that has lingered.
The housing stock is 142 homes built between 1978 and 1994, and 73% 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.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Park Lake Estates buys, holds, and resells. Momentum Research; not an appraisal.
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 5 factors (7.8). Basis: Long-Term Appreciation +302% since 2012; Recent Direction +6.2% year-over-year; Liquidity & Demand 2.9 months of supply; Owner Commitment 73% owner-occupied; Pricing Power 95.2% sale-to-list. Refreshed with each data update.
HOA, CDD & Fees
- HOA dues reported around $3/month · median of 116 MLS listings, most billed annually
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $3 per month - the median AssociationFee across 116 MLS records, normalised to a monthly figure; most are billed annually. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Park Lake Estates buy.
Free calculators to pressure-test the real cost before you tour.
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.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Park Lake Estates, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
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.
See all homes for sale in New Port Richey →
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. 6 on record.
- 4153 Swallowtail Drive · off market
- 4316 Chipmunk Drive · off market
- 4539 Murcross Lane · off market
- 4636 Whitetail Lane · off market
- 8120 Brown Pelican Avenue · off market
- 8332 Fishhawk Avenue · off market
Frequently Asked Questions
What is the median home price in Park Lake Estates?
How long do homes in Park Lake Estates take to sell?
Is Park Lake Estates a buyer's or seller's market right now?
How many homes are in Park Lake Estates?
What share of Park Lake Estates is owner-occupied?
When were the homes in Park Lake Estates built?
Have Park Lake Estates home prices gone up?
Who is the best real estate agent for Park Lake Estates?
How do I find a top New Port Richey real estate agent who knows Park Lake Estates?
Can Momentum Realty connect me with an agent for Park Lake Estates?
Where is Park Lake Estates, and what county is it in?
Is Park Lake Estates in a flood zone?
Is Park Lake Estates a good place to live?
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: October 1, 2026) |
| Community market stats | Stellar MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (4 streets, ZIP 34653)) |
| Under-contract shares | Stellar MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2004 (324 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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See how Park Lake Estates fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Park Lake Estates
- Home values · What homes in Park Lake Estates actually sell for
- Find an agent · How to choose the best real estate agent in Park Lake Estates
Nearby Communities
Explore more neighborhoods near Park Lake Estates with Momentum Realty’s local guides.