Summer Lakes Tr 07
Homes for Sale in New Port Richey, FL

Community in New Port Richey · Pasco County
86 homesBuilt 1989–1994
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Built fromLive Stellar MLS data14 years of closingsFL DOR public recordsUpdated twice daily
Live · Summer Lakes Tr 07 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Ownership and context
80%
Owner-occupied · Summer Lakes Tr 07
69 of 86 parcels homesteaded (FL DOR 2025)
20%
Non-owner-occupied · Summer Lakes Tr 07
incl. 9% trust or LLC-held · 8% out-of-state
25%
Cash buyers · Summer Lakes Tr 07
1 of 4 sales, 12 mo ending June 2019
86
Homes in the community
86 residential parcels (FL DOR 2025)
Track record · 14 years of records
Est. 1989
Community established
homes built 1989-1994, median 1992 (FL DOR 2025)
0
Failed listings · 2025
peaked at 4 in 2021
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Summer Lakes Tr 07 is a compact enclave of 86 homes built between 1989 and 1994, with the typical house dating to 1992 and offering roughly 1,842 square feet. In a pocket this small and this uniform in vintage, price is driven less by floor plan variety and more by condition: what separates two otherwise similar homes here is updated systems, roof, and finishes versus original 1990s builds. Expect a wide spread around the median because of that condition gap, not because the homes themselves differ much in size or era.

With about 80% of homes held as homesteads, turnover is on the lighter side and inventory tends to be thin. For sellers, that scarcity works in your favor when a well-kept home hits the market. For buyers, it means patience: the right listing may not appear on demand, and when it does, condition should drive your offer more than square footage.

Best for

  • Buyers seeking an established early-1990s home around 1,842 square feet and comfortable waiting for the right listing
  • Owner-occupants who value a high homestead, low-turnover setting over rental churn
  • Buyers with the budget and appetite to reward an already-updated home rather than take on a renovation

Probably not for

  • Buyers who want a broad range of sizes, floor plans, or build eras to choose from
  • Anyone needing to close quickly, since inventory here is limited
  • Buyers looking for newer construction or turnkey homes with no diligence on aging systems

The market around Summer Lakes Tr 07

Summer Lakes Tr 07 is a small community — 15 recorded sales on file, most recently in 2025 — too few for its own price trend. Here is the market around it.

Across Pasco County, 4,307 homes are active and 1,258 pending (23% under contract).

Homes here are single family residence.

ZIP and county figures describe the wider market, not Summer Lakes Tr 07 specifically. Momentum Research analysis of MLS records.

If we were buying in Summer Lakes Tr 07 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 Summer Lakes Tr 07.

Best Buy
Buyers who want a settled, uniform early-1990s neighborhood over a wide menu of options.
Biggest Risk
Thin inventory and a wide condition spread mean the right home may take time and careful diligence.
Sweet Spot
An updated home near the ~1,842 sqft median with current roof and systems.
Avoid If
You need selection now or want new construction and varied floor plans.

A condition-driven market in a fixed-vintage pocket

Because every home here was built within a five-year window, buyers are effectively shopping the same era of construction over and over. That makes comparison straightforward on paper but sharp in practice: a home that has had its roof, HVAC, and kitchen brought current will command a meaningful premium over one still carrying its original systems. Do your diligence on the big-ticket components before you anchor to the median.

The high homestead share signals a settled, owner-occupied character rather than an investor-heavy churn. That tends to translate into better-maintained exteriors and fewer distressed sales, but it also keeps the number of homes trading at any given time modest. Treat this as a market where the quality of the specific house matters more than timing the neighborhood.

The location and the amenities are priced into every listing in Summer Lakes Tr 07. 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 small community where condition, not size, sets the price, our value is in reading the actual house: what has been updated, what is still original, and how that should shape your offer or your list price. With limited inventory, we help buyers stay ready to move and help sellers position a well-maintained home against the softer competition.

Summer Lakes Tr 07 in 15 seconds.

Best forBuyers who want a settled, uniform early-1990s neighborhood over a wide menu of options.
Biggest advantageA high owner-occupied share and consistent vintage make comparisons and expectations clear.
Biggest riskThin inventory and a wide condition spread mean the right home may take time and careful diligence.
Sweet spotAn updated home near the ~1,842 sqft median with current roof and systems.
Avoid ifYou need selection now or want new construction and varied floor plans.

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 Summer Lakes Tr 07 sales matched to your home.

What is your Summer Lakes Tr 07 home worth?

Get a no-obligation home value based on real comparable sales in Summer Lakes Tr 07, 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 Summer Lakes Tr 07 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Summer Lakes Tr 07?
The Florida DOR 2025 assessment roll shows 86 homes in Summer Lakes Tr 07 (public records).
What share of Summer Lakes Tr 07 is owner-occupied?
80% of Summer Lakes Tr 07 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Summer Lakes Tr 07 built?
Homes in Summer Lakes Tr 07 were built between 1989 and 1994, with a median year built of 1992.0 (FL DOR 2025 roll).
Do cash buyers compete in Summer Lakes Tr 07?
Cash buyers took 25% of Summer Lakes Tr 07 sales in the 12 months ending June 2019 (1 of 4 closings, Stellar MLS).
Who is the best real estate agent for Summer Lakes Tr 07?
The best agent for Summer Lakes Tr 07 is one who actively works New Port Richey 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 Summer Lakes Tr 07.
How do I find a top New Port Richey real estate agent who knows Summer Lakes Tr 07?
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 Summer Lakes Tr 07 and the wider New Port Richey area.
Can Momentum Realty connect me with an agent for Summer Lakes Tr 07?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Summer Lakes Tr 07 purchase or sale - no call center and no pressure.
Buyers seeking an established early-1990s home around 1,842 square feet and comfortable waiting for the right listingExcellent fit
Owner-occupants who value a high homestead, low-turnover setting over rental churnExcellent fit
Buyers with the budget and appetite to reward an already-updated home rather than take on a renovationExcellent fit
Buyers who want a broad range of sizes, floor plans, or build eras to choose fromProbably not
Anyone needing to close quickly, since inventory here is limitedProbably not
Buyers looking for newer construction or turnkey homes with no diligence on aging systemsProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (2 streets, ZIP 34653))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2012 (10 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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