Preserve At Cypress Lakes
Homes for Sale in Oldsmar, FL

Community in Oldsmar · Pinellas County · ZIP 34677
Median sale $577K
Free · No obligation
Talk to a Preserve At Cypress Lakes Expert

True comps, carrying-cost math, and listings before the portals.

Built fromLive Stellar MLS data14 years of closingsUpdated twice daily

Over the 12 months ending 2026-09-12, 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). 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 (3 listings across 5 villages and sections in the MLS).

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
Pinellas median: 93.6%
Tempo
61days
Median DOM · closed
29 days at the 2024 low
100%
Under contract
Pinellas: 21% (1,729 of 8,357)
0 · 1
For sale · pending
live counts, refreshed twice daily
5
Sold · last 12 mo
10-yr average: about 1 a year
Track record · 14 years of records
2,084sqft
Median sold home size
12-mo windows, closed sales
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 12, 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.

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.

Preserve At Cypress Lakes Market Scorecard

No active listings

Preserve At Cypress Lakes is currently a no active listings market. Limited supply, a median asking price of n/a.

n/a
Months supply
n/a
Median list
$577,000
Median sold
n/a
Per sqft
n/a
Days on mkt
0/1/5
Active/Pend/Sold

Typical home value in the 34677 ZIP is $368,055, about 13.6% below the Florida norm (Zillow Home Value Index).

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

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. 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 2026-09-12, 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.

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

In short
  • HOA status not on record. Verify any dues before you offer
  • 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 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.

See all homes for sale in Oldsmar →

Real comps, not an automated estimate.

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 12, 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 12, 2026 took a median 61 days on market (5 sales, Stellar MLS).
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.
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

Nearby Communities

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

Tuscany Woods South Oldsmar0.2 mi awaySun Ketch Twnhms At Cypress Lakes Oldsmar0.6 mi awayHayes Park Village Oldsmar0.7 mi awayBay Arbor Oldsmar1.0 mi awayWest Oldsmar1.3 mi awaySeaside Estates1.4 mi awayLaurel Oaks At East Lake1.6 mi awayCross Pointe Oldsmar2.1 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: September 12, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending September 12, 2026
Under-contract sharesStellar MLS records, as of 2026-09-08
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.

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 local comps.

Looking to buy here? Search homes for sale →

What’s your home worth in your area?

A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

By submitting, you agree that EAB RE INVESTMENTS LLC (Momentum Realty) and its agents may call, email, and text you about your inquiry, which may involve automated means and prerecorded or artificial voices. You do not need to consent as a condition of buying any property, goods, or services. To opt out, reply STOP at any time or reply HELP for assistance. You can also click the unsubscribe link in emails. Message and data rates may apply. Message frequency may vary. See our Privacy Policy and SMS Terms.or call (904) 351-6461
CallFree valuation →
Thinking of selling in Preserve At Cypress Lakes Ph I The? 5 recorded closings; median 61 days on market (window ending 2026-09-12). 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.
Talk to a Local Preserve At Cypress Lakes Expert
Call Get Listings