RIVERSTONE in LAND O LAKES

RIVERSTONE
Homes for Sale in LAND O LAKES, FL

Community in LAND O LAKES · Pasco County · ZIP 34638
44 homesBuilt 2023–2024Median sale $385K
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Built fromLive Stellar MLS data2 years of closingsFL DOR public recordsUpdated twice daily
Live · RIVERSTONE Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$385K
Median sold · 12 mo
down 4.9% vs the prior 12 months
-4.9%
1-yr price change
n = 7 and 29 sales in the two windows
$229/sf
Sold $/sqft · 12 mo
peak $247 in 2024
100.0%
Sale vs ask
Tempo
0days
Median DOM · closed
0 days at the 2026 low
0 · 0
For sale · pending
live counts, refreshed twice daily
7
Sold · last 12 mo
10-yr average: about 14 a year
Ownership and context
33%
Owner-occupied · RIVERSTONE
35 of 107 parcels homesteaded (FL DOR 2025)
67%
Non-owner-occupied · RIVERSTONE
incl. 12% trust or LLC-held · 1% out-of-state
62%
Cash buyers · RIVERSTONE
5 of 8 sales, 12 mo ending June 2026
44
Homes in the community
plus 63 vacant residential lots · 107 residential parcels (FL DOR 2025)
Track record · 2 years of records
Est. 2023
Community established
homes built 2023-2024, median 2024 (FL DOR 2025)
2
Failed listings · 2026
peaked at 2 in 2026
1,541sqft
Median sold home size
12-mo windows, closed sales
15.9%/yr
Turnover rate
about 7 of 44 homes trade a year
RIVERSTONE Housing Pulse · Momentum Research · as of August 2, 2026

RIVERSTONE right now

🟡 Off the recent peak. The trailing-12-month median ($385K) is down 4.9% from the prior 12 months ($405K). With about a dozen 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 August 2. Confidence: Medium (7 and 29 sales in the two windows).

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

Updated August 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

RIVERSTONE market snapshot (as of August 2, 2026): the median sale price is about $385K ($229 per sq ft over the trailing 12 months of closed sales), and a median 0 days on market for closed sales. The trailing-12-month median is down 5% from the prior 12 months, computed from record-level Stellar MLS closed sales (7 closings in the current window).

RIVERSTONE is a community of 44 homes in LAND O LAKES, Pasco County, built between 2023 and 2024 (median 2024.0), with a median living area of about 2,196 square feet. 33% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Price History: What Homes Here Have Actually Sold For

Median sale price over the trailing 12 months ending August 2 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($385K) IS the median in the snapshot above, and the move from 2025 ($405K) IS the -4.9% one-year change.

Windows contain 5 to 29 sales each (7 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 2024 through 2026. Deemed reliable but not guaranteed.

Every sale since 2024 · price vs size
$0$200K$400K2k2k2k
41 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
How much local inventory is already under contract

34% of homes for sale in ZIP 34638 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 (2026-08-01).

RIVERSTONE Market Scorecard

Balanced

RIVERSTONE is currently a balanced market..

$385,000
Median sold
0/0/0
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.

Schools

In short
  • Pasco County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Connerton Elementary SchoolFLDOE grade A · Public PK-5, Land O' Lakes (verify zoning)
  • Pine View Middle SchoolFLDOE grade A · Public 6-8, Land O' Lakes (verify zoning)
  • Land O' Lakes High SchoolFLDOE grade A · Public 9-12, Land O' Lakes (verify zoning)

Grades are official Florida Department of Education school grades for 2025-26. Assignments are reported as of the 2025-26 year 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 RIVERSTONE address.

Recent Developments in Riverstone

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

Dev Momentum60/100 · Active
  1. July 2026
    Development

    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 10 miles east of Riverstone, elsewhere in Pasco County.

    Source: Florida YIMBY
  2. 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 site is about 3 miles northeast of Riverstone.

    Source: Tampa Bay Times
  3. 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 3 miles northwest of Riverstone.

    Source: WUSF
  4. 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 9 miles east of Riverstone, elsewhere in Pasco County.

    Source: HCO News

Development alerts for RiverstoneGet a short monthly email when something new is approved, funded, or opens near Riverstone.

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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 RIVERSTONE 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 RIVERSTONE.

A closer look at the RIVERSTONE market

At a median of $229 per square foot, RIVERSTONE prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

The trailing-12-month median down 5% year over year. Homes that do trade take a median 0 days on market, useful leverage on any listing that has lingered.

The housing stock is 44 homes built between 2023 and 2024, and 33% 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 RIVERSTONE. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
6.0C+ · Buy Score
Recent Direction4.8/10
Owner Commitment3.3/10
Pricing Power10.0/10

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 (6.0). Basis: Recent Direction -4.9% year-over-year; Owner Commitment 33% owner-occupied; Pricing Power 100.0% sale-to-list. Refreshed with each data update.

HOA, CDD & Fees

In short
  • Mandatory HOA. Confirm current dues
  • 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 RIVERSTONE sales matched to your home.

What is your RIVERSTONE home worth?

Get a no-obligation home value based on real comparable sales in RIVERSTONE, 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 homes for sale in RIVERSTONE on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in RIVERSTONE?
The median sale price in RIVERSTONE was $385K over the 12 months ending August 2, 2026 (7 closed sales, Stellar MLS).
How long do homes in RIVERSTONE take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 0 days on market (7 sales, Stellar MLS).
How many homes are in RIVERSTONE?
The Florida DOR 2025 assessment roll shows 44 homes plus 63 vacant residential lots in RIVERSTONE (public records).
What share of RIVERSTONE is owner-occupied?
33% of RIVERSTONE parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in RIVERSTONE built?
Homes in RIVERSTONE were built between 2023 and 2024, with a median year built of 2024.0 (FL DOR 2025 roll).
Do cash buyers compete in RIVERSTONE?
Cash buyers took 62% of RIVERSTONE sales in the 12 months ending June 2026 (5 of 8 closings, Stellar MLS).
What schools serve RIVERSTONE?
RIVERSTONE is served by Pasco County Public Schools, typically Connerton Elementary School, Pine View Middle School and Land O' Lakes High School. Confirm the exact zoning by address with the district.
Who is the best real estate agent for RIVERSTONE?
The best agent for RIVERSTONE is one who actively works LAND O LAKES 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 RIVERSTONE.
How do I find a top LAND O LAKES real estate agent who knows RIVERSTONE?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows RIVERSTONE and the wider LAND O LAKES area.
Can Momentum Realty connect me with an agent for RIVERSTONE?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your RIVERSTONE purchase or sale - no call center and no pressure.

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: July 10, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (3 streets, ZIP 34638))
Under-contract sharesStellar MLS records, as of 2026-08-01
Schools2025-26 district assignments + FLDOE school grades; verify with the district
Historical depthClosed-sale records back to 2024 (41 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 your area comps.

Looking to buy here? Search homes for sale →

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CallFree valuation →
Thinking of selling in RIVERSTONE? 7 recorded closings; median 0 days on market (window ending 2026-08-02). See the Pasco 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.
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