Somerset Lakes
Homes for Sale in Largo, FL
All 473 homes for sale in Largo, FL · median $319,900 · 46 homes for sale in 33773 · Pinellas County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of September 2026, the MLS records 14 closed sales in Somerset Lakes Unit Two in Largo, FL since 2011, the most recent in December 2024. Across Largo as a whole, 897 homes closed in the last 12 months at a median of $340,000, 56 median days on market, with 221 homes for sale today. At that median and Pinellas County's FY2025-26 rate of 19.39 mills, annual property tax runs about $6,590 ($5,780 with the full homestead exemption).
Part of Somerset Lakes Unit Four, Largo, FL — see all Somerset Lakes Unit Four homes for sale (2 listings across 4 sections in the MLS).
Somerset Lakes Unit Two is a small, established pocket of 92 homes in Largo, built between 1957 and 1998 with a median vintage around 1981. That spread matters more than any single number here: what sets price in this community is condition and updates, not square footage or a headline list price. At a median of roughly 1,681 living square feet, the housing stock is consistent in size, so the gap between a dated original and a renovated home is the real lever on value.
With homestead occupancy at about 77 percent, most of these homes are held long-term rather than turned over quickly, which tends to keep resale supply thin. There were no closings in the most recent window we track, so pricing signals lean on the broader Pinellas market and on how each individual home shows. For a buyer, that means patience and readiness to move when the right updated home lists; for a seller, it means condition and presentation carry the negotiation.
Nearby homes for sale
No active listings inside Somerset Lakes Unit Two right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
A compact, owner-occupied enclave in Largo where homes cluster around a practical mid-size footprint and value is driven almost entirely by how much updating a given house has seen.
Stellar MLS sales records identify 278 homes in Somerset Lakes that have changed hands since 2004, built between 1980 and 2011 (median 1989), with a median living area of about 1,799 sq ft and a typical 3-bedroom, 2-bath layout; 69% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Somerset Lakes is best for.
Best for
- Long-term owner-occupants who value a stable, established street over new construction
- Buyers with a renovation budget who can add value to a dated but sound home
- Right-sizers comfortable in a roughly 1,681-square-foot footprint
Probably not for
- Buyers who want a large, above-median floor plan
- Anyone needing a wide selection of turnkey, fully-updated listings right now
- Investors expecting frequent resale turnover and quick flips
The market around Somerset Lakes
Somerset Lakes is too small for its own price trend, so here is the market around it.
In ZIP 33773, 67 homes are on the market and 21% are under contract — a steady corner of Largo.
Across Pinellas County, 6,628 homes are active and 1,729 pending (21% under contract).
In ZIP 33773 (Largo), 240 homes closed in the last 12 months at a median of $354K ($271/sq ft), down 0.5% year over year, with a median 49 days on market. Right now 35 active and 7 pending listings put supply at about 3.7 months — a balanced market. See the live ZIP 33773 housing market and the Pinellas County market.
ZIP and county figures describe the wider market, not Somerset Lakes specifically. Momentum Research analysis of MLS records.
The Somerset Lakes buying strategy.
If we were buying in Somerset Lakes 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.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
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 Somerset Lakes.
An age-and-condition market, not a price-tier market
The 1957-to-1998 build range is unusually wide for 92 homes, and it tells you what to inspect. Earlier homes may carry original systems, roofs, and layouts; later ones lean toward more contemporary floor plans. Because the median living area sits near 1,681 square feet, you are largely comparing similar-sized homes in different states of repair, so a careful walkthrough of the roof, HVAC, and electrical will explain most of the difference between two otherwise comparable listings.
High homestead occupancy near 77 percent points to a stable street feel and limited inventory churn. That stability is a plus for a long-term buyer, but it also means good, updated listings can be scarce and can move on their own timeline. Anyone waiting for a wide selection should plan to be alerted the moment something fitting comes up rather than expecting a steady flow.
The location and the amenities are priced into every listing in Somerset Lakes. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a small, thinly-traded community like this, the value is in reading a specific home correctly. We help buyers separate cosmetic updates from structural ones and price accordingly, and we help sellers position condition honestly so the home clears at a fair number. With no recent closings to anchor to, we lean on comparable Largo and Pinellas activity rather than guesswork.
Somerset Lakes in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Somerset Lakes 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 Somerset Lakes sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Somerset Lakes, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Somerset Lakes home worth?
Get a no-obligation home value based on real comparable sales in Somerset 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 Largo →
Should you buy in Somerset Lakes?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Under-contract shares | Stellar MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2011 (14 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.
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See how Somerset Lakes Unit Two fits the bigger picture — live prices, inventory, and Momentum Scores:
Common questions about Somerset Lakes
Where is Somerset Lakes?
Somerset Lakes is a community in Largo, Pinellas County, Florida, ZIP 33773.
Are there homes for sale in Somerset Lakes right now?
No active listings inside Somerset Lakes at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.
Does Somerset Lakes have an HOA or CDD?
No HOA is on record for Somerset Lakes in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.
Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.
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