Preserve At Cypress Lakes
Homes for Sale in Oldsmar, FL

All 171 homes for sale in Oldsmar, FL · median $329,000 · 148 homes for sale in 34677 · Pinellas County homes for sale

Community in Oldsmar · Pinellas County · ZIP 34677
133 homesBuilt 1997–2000Median sale $577K
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Photo via Stellar MLS

Built fromLive Stellar MLS data14 years of closingsFL DOR public recordsUpdated twice daily

Over the 12 months ending 2026-09-20, 5 recorded sales closed at a median of $577,000, $269 per square foot, a median 61 days on market, sellers accepting 90% of original asking. Homes listed or recently sold were built 1997–1998; 6 of 6 report an HOA (median $132/mo); none of the 6 geocoded homes sit in a FEMA special flood hazard zone (median elevation 15 ft). At the median price and Pinellas County's FY2025-26 rate of 19.39 mills, annual property tax runs about $11,190 ($10,370 with the full homestead exemption).

Part of the Cypress Lakes the master-planned community in Oldsmar, FL — see all Cypress Lakes the homes for sale (2 listings across 5 villages and sections in the MLS).

Preserve At Cypress Lakes Ph I The key facts
LocationOldsmar, Pinellas County, FL · ZIP 34677
Homes in the community133 (FL DOR 2025 assessment roll)
Years built1997–2000 (median 1999)
Typical living area2,078 sq ft (median)
Home types (current listings and sales)single-family 100%
Amenities listed by sellersDeed Restrictions
Sale prices, last 12 months$577,000 median across 5 closed sales · $269 per sq ft
Days on market (closed sales)61 median
For sale right now0 active, 1 pending
Owner-occupied (homestead) share84%

Data as of September 20, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2012 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Preserve At Cypress Lakes Ph I The key facts,” movewithmomentum.com/neighborhoods/preserve-at-cypress-lakes-ph-i-the, data as of September 20, 2026.

Live · Preserve At Cypress Lakes Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$577K
Median sold · 12 mo
$269/sf
Sold $/sqft · 12 mo
peak $269 in 2026
90.2%
Sale vs ask
Tempo
61days
Median DOM · closed
29 days at the 2024 low
100%
Under contract
Pinellas: 20% (1,627 of 8,166)
0 · 1
For sale · pending
live counts, refreshed twice daily
5
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
84%
Owner-occupied · Preserve At Cypress Lakes
111 of 133 parcels homesteaded (FL DOR 2025)
16%
Non-owner-occupied · Preserve At Cypress Lakes
incl. 4% trust or LLC-held · 4% out-of-state
133
Homes in the community
133 residential parcels (FL DOR 2025)
Track record · 14 years of records
5
Recorded sales · 2024-2025
median $500K · qualified sales on the county roll (FL DOR 2025)
Est. 1997
Community established
homes built 1997-2000, median 1999 (FL DOR 2025)
2,084sqft
Median sold home size
12-mo windows, closed sales
3.8%/yr
Turnover rate
about 5 of 133 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Preserve At Cypress Lakes Ph I is a fully built-out pocket of 133 homes in Oldsmar, all dating to a narrow 1997-2000 construction window with a median build year of 1999. That tight age band matters: what separates one asking price from the next here isn't square footage swings so much as condition and updates. At a median of $577,000 and roughly $269 per square foot on a median home near 2,078 square feet, price is condition-driven. A home carrying original finishes and one that has been renovated can sit far apart on the same block.

The current posture leans toward patience on both sides. Median days on market sits at 61 — call it two months — which is a market that rewards correct pricing and punishes hopeful pricing. For sellers, that means presentation and a realistic number matter more than urgency. For buyers, it means there's room to underwrite carefully rather than chase. With only 5 closings in the trailing window, individual sales carry real weight, so read comps here one home at a time rather than as a trend line.

The 60-Second Overview

Preserve At Cypress Lakes market snapshot (as of September 20, 2026): the median sale price is about $577K ($269 per sq ft over the trailing 12 months of closed sales), and a median 61 days on market for closed sales.

In ZIP 34677 (Oldsmar), 439 homes closed in the last 12 months at a median of $365K ($239/sq ft), down 4.5% year over year, with a median 61 days on market. Right now 90 active and 20 pending listings put supply at about 4.7 months — a buyer's market. See the live ZIP 34677 housing market and the Pinellas County market.

County records show 5 qualified sales in Preserve At Cypress Lakes across 2024–2025 (4 in 2024, 1 in 2025), median $500,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Preserve At Cypress Lakes is a community of 133 homes in Oldsmar, Pinellas County, built between 1997 and 2000 (median 1999), with a median living area of about 2,078 square feet. 84% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

A small, established Oldsmar community of 133 homes built within a three-year span at the turn of the millennium, where a high owner-occupancy share (roughly 84% homesteaded) points to a stable, hold-oriented street rather than an investor churn.

Best for

  • Long-term owner-occupants who want to buy once and hold in a stable, built-out community
  • Buyers comfortable budgeting for updates on late-1990s homes to capture value below the renovated end of the market
  • Patient buyers willing to wait for the right listing in a low-turnover community

Probably not for

  • Buyers needing a quick purchase from a deep, always-available inventory
  • Investors chasing high turnover or short-hold flips in an owner-occupied community
  • Buyers wanting new construction or a home with no deferred-maintenance considerations

Windows contain 0 to 5 sales each (5 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 2012 through 2026. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 5 a year; 5 in the current window.
How much local inventory is already under contract

19% of homes for sale in ZIP 34677 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).

Preserve At Cypress Lakes Market Scorecard

Balanced

Preserve At Cypress Lakes is currently a balanced market..

$577,000
Median sold
0/1/5
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 Preserve At Cypress Lakes

Live MLS inventory for Preserve At Cypress 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 Preserve At Cypress Lakes listings as of 2026-10-01, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2012 through 2026. Tap any home to ask about it.

Every Home for Sale in Preserve At Cypress Lakes Ph I The Right Now (1)

All 1 active and pending Preserve At Cypress Lakes Ph I The listings with a detail page, newest first, refreshed twice a day from the MLS.

  • 416 Cypress View Drive · $550,000 · 4 bd / 2 ba · pending · listed Sep 3, 2026 · listed by Keller Williams Realty- Palm Harbor

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

If we were buying in Preserve At Cypress 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 Preserve At Cypress Lakes.

Best Buy
Buyers who want an established Oldsmar community and will pay attention to condition.
Biggest Risk
Low volume — few recent closings make pricing and comps harder to read.
Sweet Spot
A well-updated home priced honestly near the mid-$570s median.
Avoid If
You need fast inventory turnover or a wide selection to choose from.

A built-out community where condition sets the price

Because every home dates to 1997-2000, the value question is almost entirely about what's been done since. Roofs, HVAC, kitchens, and baths from the original build are now well into replacement territory, so the median $577,000 tells you the middle of the market, not the spread. Expect a wide gap between updated and original homes, and budget your due diligence accordingly — the inspection here is where the real negotiating happens.

The high homestead share (about 84%) signals that most homes are owner-occupied and held, which typically means fewer listings and less turnover. Combined with just 5 recent closings and a 61-day median on market, this is a low-volume community: good inventory doesn't appear constantly, and when a well-kept home lists at a fair number, it deserves a serious look rather than a wait.

“

The location and the amenities are priced into every listing in Preserve At Cypress Lakes. 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 thin-volume community like this, generic pricing models fall apart — with only a handful of recent closings, every comp has to be weighed by hand for condition and updates. We read these homes individually, help buyers underwrite deferred maintenance on late-1990s construction before it becomes a surprise, and help sellers land the number that actually moves in a 61-day market instead of testing an aspirational price for two months.

Preserve At Cypress Lakes in 15 seconds.

Best forBuyers who want an established Oldsmar community and will pay attention to condition.
Biggest advantageA high owner-occupancy profile and consistent late-1990s construction across all 133 homes.
Biggest riskLow volume — few recent closings make pricing and comps harder to read.
Sweet spotA well-updated home priced honestly near the mid-$570s median.
Avoid ifYou need fast inventory turnover or a wide selection to choose from.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Preserve At Cypress Lakes homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Preserve At Cypress Lakes.
In short
  • HOA dues reported around $125/month (about $1,500/yr) · median of 95 MLS listings, most billed monthly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $125 per month ($1,500 a year) — the median AssociationFee across 95 MLS records, normalised to a monthly figure; most are billed monthly. 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Preserve At Cypress Lakes sales matched to your home.

What is your Preserve At Cypress Lakes home worth?

Get a no-obligation home value based on real comparable sales in Preserve At Cypress 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.

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Frequently Asked Questions

What is the median home price in Preserve At Cypress Lakes?
The median sale price in Preserve At Cypress Lakes was $577K over the 12 months ending September 20, 2026 (5 closed sales, Stellar MLS).
How long do homes in Preserve At Cypress Lakes take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 61 days on market (5 sales, Stellar MLS).
How many homes are in Preserve At Cypress Lakes?
The Florida DOR 2025 assessment roll shows 133 homes in Preserve At Cypress Lakes (public records).
What share of Preserve At Cypress Lakes is owner-occupied?
84% of Preserve At Cypress Lakes parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Preserve At Cypress Lakes built?
Homes in Preserve At Cypress Lakes were built between 1997 and 2000, with a median year built of 1999 (FL DOR 2025 roll).
Who is the best real estate agent for Preserve At Cypress Lakes?
The best agent for Preserve At Cypress Lakes is one who actively works Oldsmar 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 Preserve At Cypress Lakes.
How do I find a top Oldsmar real estate agent who knows Preserve At Cypress Lakes?
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 Preserve At Cypress Lakes and the wider Oldsmar area.
Can Momentum Realty connect me with an agent for Preserve At Cypress Lakes?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Preserve At Cypress Lakes purchase or sale - no call center and no pressure.
Where is Preserve At Cypress Lakes, and what county is it in?
Preserve At Cypress Lakes is in Oldsmar, Pinellas County, FL, ZIP 34677. The community's center is about 6 miles west of the center of Oldsmar (straight-line).
Is Preserve At Cypress Lakes 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 Preserve At Cypress Lakes: the median sale price over the last 12 months was $577K (5 sales), 58% above the Oldsmar median of $365K; homes took a median 61 days to go under contract; the assessment roll counts 133 homes, 84% of them homesteaded (owner-occupied). The full numbers, price history and the flood and school sections are above.
Long-term owner-occupants who want to buy once and hold in a stable, built-out communityExcellent fit
Buyers comfortable budgeting for updates on late-1990s homes to capture value below the renovated end of the marketExcellent fit
Patient buyers willing to wait for the right listing in a low-turnover communityExcellent fit
Buyers needing a quick purchase from a deep, always-available inventoryProbably not
Investors chasing high turnover or short-hold flips in an owner-occupied communityProbably not
Buyers wanting new construction or a home with no deferred-maintenance considerationsProbably not

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: October 1, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending September 20, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (2 streets, ZIP 34677))
Under-contract sharesStellar MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2012 (18 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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CallFree valuation →
Thinking of selling in Preserve At Cypress Lakes Ph I The? 5 recorded closings; median 61 days on market (window ending 2026-09-20). See the Pinellas 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.

Nearby Communities

Explore more neighborhoods near Preserve At Cypress Lakes with Momentum Realty’s local guides.

PAPreserve At Cypress Lakes0.1 mi awayPAPreserve At Cypress0.1 mi away · 133 homes, built 1997–00PAPreserve At Cypress Lakes0.2 mi away · 77 homes, built 1997–00Tuscany Woods South0.2 mi away · 27 homes, built 2015–16WFWoods Forest Lakes P0.2 mi away · 421 homes, built 1976–02FAFountains At Cypress Lakes Ii B0.2 mi away · 76 homes, built 1995–97FAFountains At Cypress0.3 mi away · 133 homes, built 1994–97

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