Preston Hollow is a small deed-restricted single-residential community in the southern part of Spring Hill, in Hernando County, north of the Pasco line near County Line Road. It is a quiet enclave of large lots, with homes that mostly date from the early 1990s into the 2000s (Homes.com and local subdivision guides, 2026).
The community is governed by the Preston Hollow Homeowners Association, which keeps dues low while enforcing deed restrictions that protect the look and feel of the street. That structure is the appeal: an established, orderly enclave without the high carrying cost of an amenity-heavy master plan. Confirm the current dues and the restrictions for any specific home.
Because the homes here are established Florida construction, the money is made or lost on condition and the parcel, the roof age, the systems, the elevation, and the flood picture, not on the Preston Hollow name. A well-kept, updated home on a higher, drier lot is a very different buy from one that needs a roof and systems work.
The pitch is space and order at a Hernando County entry point: large lots and a deed-restricted setting close to County Line Road and the Suncoast Parkway, which puts Tampa and the airport within a manageable drive and the Gulf reachable to the west. The work is reading the condition, the fees, the flood zone, and the insurance before you fall for the size of the lot.