Waterchase in Tampa

Waterchase Homes for Sale in Tampa, FL

Gated master-planned community · Tampa · ZIP 33626

A gated, guard-manned master-planned community near Westchase, with a resort amenity center.

Gated with 24-hour guardResort amenity centerA-rated school cluster
Live Market Pulse
78/100
Momentum
Seller's Market (limited data)
Waterchase is essentially built out across eight villages of different sizes, so the read is the specific village and home plus the CDD and HOA, not one community number.
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Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Stellar MLS data14 years of closingsLocal renovation analysisUpdated twice daily
LiveMarket PulseStellar MLS
$1.11M
Median Price
0.8mo
Supply
37days
Avg DOM
Strong
Seller Leverage
$317/sf
Median $/Sqft
n/a
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Waterchase is a gated, guard-manned master-planned community near Westchase in northwest Tampa, built out in the 2000s across eight villages of estate homes and townhomes around a resort amenity center. The durable draw is the gates, the amenities, and the well-regarded Bryant, Farnell, and Sickles school cluster. The read is the specific village, the home's condition, and the combined CDD and HOA, which are meaningful at this tier."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Waterchase market snapshot (as of June 24, 2026): the median sale price is about $1.1M ($317 per sq ft), with homes averaging 37 days on market and 0.8 months of supply, a seller's market (limited data). Based on 44 recent closings in live Stellar MLS data.

Waterchase is a gated, guard-manned master-planned community in Tampa, Hillsborough County (ZIP 33626), near Westchase in the northwest part of the county. Built largely in the 2000s across roughly 475 acres, it includes about eight villages of single-family and estate homes plus townhomes, and is essentially built out as a resale market (sources: community guides; Waterchase CDD).

The community centers on a resort-style amenity center with a clubhouse, fitness center, two pools including a two-story waterslide, lighted tennis courts with a tennis pro, basketball courts, and a playground, behind a 24-hour manned gate (source: community guides).

Waterchase is a Community Development District community with an HOA, and HOA arrangements vary by village, with some villages covering exterior maintenance, paint, or lawn care. A CDD assessment rides on the annual tax bill; confirm the village, CDD, and HOA per parcel.

For buyers who want a gated, amenity-rich address in the well-regarded Westchase-area school cluster, Waterchase is a benchmark choice. The work is matching the village and home to your needs and budgeting the CDD and HOA honestly.

Best for

  • Buyers who want a gated, guard-manned community with resort amenities
  • Households drawn to the Bryant, Farnell, and Sickles school cluster
  • Buyers who want a clubhouse, pools, and tennis on site
  • Buyers who will budget the CDD and HOA into the true cost

Probably not for

  • Buyers seeking the lowest carrying cost with no CDD
  • Those who want a brand-new home with a builder warranty
  • Buyers who want an ungated, no-amenity neighborhood
  • Anyone who needs a downtown Tampa address

How Waterchase is performing right now

78/100
momentum
Seller's Market (limited data)
Seller's marketBalancedBuyer's market
0.8Months of supplytight
33Median days on marketdays
2 : 3Under contract vs for salestrong demand
44Sold in last 12 monthsliquidity
-4%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from Stellar MLS, as of June 24, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Waterchase listings and the trailing twelve months of closed sales.

8.6A- score
Momentum intelligence
Momentum buy score

Our proprietary read on how a home in Waterchase buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Waterchase

Live MLS inventory for Waterchase. 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 Waterchase listings as of 2026-06-24, priced high to low. Listings courtesy of Stellar MLS as distributed by MLS GRID.. Tap any home to ask about it.

Listing locations from Stellar MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

The takeaway

Waterchase's northwest-Tampa location puts the airport, Westshore, and the Gulf beaches within an easy reach via the Veterans Expressway and Courtney Campbell.

Westchase shopping and dining~5 min · ~2 miles
Citrus Park / Veterans Expwy~10 min · ~5 miles
Tampa Int'l Airport~20-25 min · ~12 miles
Westshore Business District~25 min · ~14 miles
Downtown Tampa~30 min · ~17 miles
Pinellas Gulf beaches (Courtney Campbell)~30 min · ~18 miles

Distances and drive times are approximate. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Waterchase with Momentum Realty’s local guides.

WestchaseWestchaseTampa, FL · 1.1 miWestchase Station TownhomesWestchase Station TownhomesTampa, FL · 1.5 miThe Palms at Citrus ParkThe Palms at Citrus ParkTampa, FL · 1.5 miWindsor Placeat Citrus ParkWindsor Placeat Citrus ParkTampa, FL · 1.6 miSheldon WestSheldon WestTampa, FL · 1.8 miWest LakeReserveWest LakeReserveTampa, FL · 1.9 miEnclave atCitrus ParkEnclave atCitrus ParkTampa, FL · 1.9 miGunnTownhomesGunnTownhomesTampa, FL · 2.1 miTown of Citrus ParkTown of Citrus ParkTampa, FL · 2.2 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr
Waterchase (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take
  • Hillsborough County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Confirm current ratings before relying on them
  • Private and parochial options nearby

Waterchase is served by Hillsborough County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Elementary

Bryant Elementary School

Middle

Farnell Middle School

High

Sickles High School

Buying with schools in mind? We can confirm the exact zoned schools for any Waterchase address.

The takeaway

What actually shapes value in Waterchase: a gated, guard-manned master plan with a resort amenity center, the Bryant, Farnell, and Sickles school cluster, and a Community Development District carrying cost. Each item is sourced.

Recent Developments in Waterchase

Our read on what is being built around Waterchase, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishGated security, amenities, and strong schools support durable demand and limited supply; the watch items are the combined CDD and HOA carrying cost and the condition of 2000s-built homes.

Gated, guard-manned master plan

Ongoing
BullishMajor impact
SignificanceRadius: Community

A 24-hour manned gate and private roads are a durable, scarce draw that supports resale.

Resort amenity center

Ongoing
BullishMajor impact
SignificanceRadius: Community

A clubhouse, pools, waterslide, and tennis are a strong amenity package that supports demand.

Bryant, Farnell, and Sickles school cluster

Ongoing
BullishMajor impact
SignificanceRadius: Area

A well-regarded school cluster is a consistent demand driver; confirm zoning by address.

Limited, built-out resale supply

Ongoing
BullishNotable impact
SignificanceRadius: Community

A built-out gated community keeps supply scarce, supporting pricing power over time.

Community Development District assessment

Since 2001
NeutralNotable impact
SignificanceRadius: Community

A CDD adds to the carrying cost alongside the HOA; budget it and confirm per parcel.

2000s-built housing stock

Ongoing
NeutralMinor impact
SignificanceRadius: Community

Homes built in the 2000s vary in updates; condition is the swing in value here.

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

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

Showing the latest, scroll for all updates ↓

  1. January 2025
    Community

    Waterchase Community Development District governs the gates and amenities

    The Waterchase CDD, established by Hillsborough County in 2001, administers the community's gated entry, resort amenity center, and infrastructure, with assessments on the annual tax bill. Why it matters: The CDD is a real, ongoing carrying cost that buyers should confirm per parcel. Source

  2. June 2025
    Community

    Waterchase CDD publishes adopted budgets and meeting records

    The Waterchase CDD publishes its adopted budgets, agendas, and meeting records, documenting the community's amenity and infrastructure funding. Why it matters: Transparent CDD budgeting helps buyers underwrite the true carrying cost by village. Source

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

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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 Waterchase, this is the order of operations we would run, and the one we run for our clients.

1

Pick the village. Waterchase has about eight villages of different sizes and HOA coverage; that drives cost.

2

Confirm the CDD and HOA per parcel. The combined carrying cost is meaningful at this tier.

3

Read the home's condition. A 2000s-built estate's systems and updates set value against newer comps.

4

Confirm the zoned schools by address. The school cluster is a key draw; assignment is by parcel.

5

Use the gates and amenities as the anchor. They are priced in; buy to the village and lot that fit.

Best Buy
A well-kept estate or townhome in a village whose HOA fits your needs
Biggest Risk
Underbudgeting the combined CDD and HOA, or buying dated systems
Best Lot
Conservation or water-view homesites over interior lots
Smart Timing
Move decisively; gated, amenity-rich resale inventory is limited
The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

Waterchase is a gated, guard-manned master-planned community near Westchase in northwest Tampa, built largely in the 2000s across roughly 475 acres and about eight villages of single-family and estate homes plus townhomes. The community centers on a resort amenity center with a clubhouse, fitness center, two pools including a two-story waterslide, lighted tennis courts with a tennis pro, basketball courts, and a playground, behind a 24-hour manned gate. There is no golf course. Waterchase is a Community Development District community, established by Hillsborough County in 2001, with an HOA whose coverage varies by village. Confirm the village, CDD, and HOA per parcel.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

The Townhome
$574K to $985K

Maintenance-oriented townhomes, the value way into the gates of Waterchase.

Lowest entry
The Core Estate
$985K to $1.26M

Updated single-family and estate homes in the core villages, the heart of the market.

Most inventory
The Top
$1.26M to $1.35M

The largest estates on conservation or water-view homesites, the strongest resale here.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

$574K to $985K
The Townhome
Maintenance-oriented townhomes, the value way into the gates of Waterchase.
$985K to $1.26M
The Core Estate
Updated single-family and estate homes in the core villages, the heart of the market.
$1.26M to $1.35M
The Top
The largest estates on conservation or water-view homesites, the strongest resale here.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

15-Second Take
  • Renovation math decides the deal
  • Better lots and views resell strongest
  • Roof and HVAC age drive the insurance quote
  • Interior lots are where buyers overpay
Jon Brooks, Momentum Realty
Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

No CDD on the tax billStrong
Central Tampa locationStrong
Scarce, established homesitesStrong
Established, in-demand locationPositive
All-resale 1990s conditionManage it

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Jon Brooks, Momentum Realty
Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Waterchase

15-Second Take
  • Calling the listing agent (who works for the seller)
  • Misjudging the renovation budget
  • Overpaying for an interior lot
  • Underbudgeting the carrying costs
  • Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

The gates, the amenities, and the schools are priced into every listing. The deal is won or lost on the village, the condition, and the carrying cost.

Jon Brooks · Founder, Momentum Realty
8.4A- · Buy Score
Resale Strength8.5/10
Renovation Risk4.6/10
Location Efficiency8.2/10
Long-Term Defensibility8.4/10
Carrying Cost Advantage6.6/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Why our read on Waterchase is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Stellar MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live Stellar MLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates
Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

Which Lots & Views Hold Value Best

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)
$261 value$401 premium
Lake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Stellar MLS; for orientation, not an appraisal.

15-Second Take
  • Golf, lake, and preserve lots hold value best
  • Interior lots are where buyers overpay
  • The lot cannot be renovated, the house can
  • Premium homesites resell faster
  • ~3% asking premium for premium lots today

In a built-out club community, the lot is the resale insurance

The houses can be renovated, but the lot and view cannot. Golf frontage, lakefront, and preserve lots consistently command higher premiums and resell faster than interior lots backing to another home. The premium you pay for a great homesite is the discount you avoid when you sell.

The mistake is paying an estate price for a base interior lot. We help buyers spot which homesites carry real, durable premiums and which are dressed-up interiors, so your money lands where the market will give it back.

Strongest resaleGolf frontage and lakefront homesites at Waterchase

Golf & lakefront lots

Open views over the course or the 26 community lakes. The scarcest, most in-demand homesites; they command the highest premiums and resell fastest.

Strong resalePreserve-backing homesites at Waterchase

Preserve lots

Backing to protected preserve means privacy with no rear neighbor. A consistent favorite that holds value well above a standard interior lot.

Moderate resaleCul-de-sac and larger interior homesites at Waterchase

Cul-de-sac & larger lots

Less traffic, more yard, and an easy walk to the club for some streets. A real but smaller premium that depends on the street and parcel size.

Value tierStandard interior homesites at Waterchase

Standard interior lots

The most affordable way through the gates, and the best renovation value. Just do not pay a golf or lake price for one, this is where buyers most often overpay.

Relative resale strength by lot and view, illustrative of how Waterchase homesites trade. The exact premium depends on the specific home, the view, and the street.

Waterchase in 15 seconds.

Best forBuyers who want a gated, amenity-rich address in the Westchase-area school cluster.
Biggest advantageGated security, resort amenities, and A-rated schools.
Biggest riskCombined CDD and HOA carrying cost, which varies by village.
Sweet spotA well-kept estate or townhome in a village whose HOA fits your needs.
Avoid ifYou want no CDD, new construction, or a downtown Tampa address.

HOA, CDD & Fees

15-Second Take
  • Gated, 24-hour manned guard
  • CDD plus HOA, confirm per village
  • Resort amenity center included
  • Some villages cover exterior upkeep
  • No golf or club dues

Waterchase has an HOA, with coverage that varies by village, and a Community Development District (CDD) assessment on the annual tax bill, established by Hillsborough County in 2001. Confirm the village, the exact HOA, and the CDD for a specific home per parcel.

HOA and CDD support the gated entry, the resort amenity center, common areas, and ponds, with some villages covering exterior maintenance, paint, or lawn care. There is no golf course.

No golf or country club. The amenity center is community-owned and included with the HOA and CDD.

The takeaway

Buyers shop Waterchase by village and HOA coverage, so your village, condition, and homesite set your number.

Momentum listings (YTD)
97.98%
Sold-to-list ratio across our market for our agents, sellers keeping more of their price.
Market average (YTD)
96.73%
The broader metro average sold-to-list ratio over the same period.
Momentum days on market
64 days
Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.
Market days on market
72 days
The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Waterchase, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping South Fork, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Waterchase home worth?

Get a no-obligation home value based on real comparable sales in Waterchase matched to your condition, lot, and view, 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 Waterchase on the map →
Or get your Waterchase home value & selling guide →

Real comps, not a Zestimate.
How much local inventory is already under contract

33% of homes for sale in ZIP 33626 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 (2026-06-24).

Waterchase Market Scorecard

Strong seller's market

Waterchase is currently a strong seller's market. About 0.8 months of supply, a median asking price of $1,285,000, and homes go under contract in about 33 days.

0.8
Months supply
$1,285,000
Median list
$1,109,500
Median sold
$305
Per sqft
33
Days on mkt
3/2/44
Active/Pend/Sold

Typical home value in the 33626 ZIP is $570,493, about 7.0% below the Florida norm (Zillow Home Value Index).

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

Live data: Stellar MLS, distributed by MLS GRID, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is Waterchase located?
Waterchase is in Tampa, Hillsborough County, Florida (ZIP 33626), near Westchase in the northwest part of the county.
Is Waterchase a gated community?
Yes. Waterchase is gated with a 24-hour manned guard gate and private internal roads.
Does Waterchase have a CDD?
Yes. Waterchase is a Community Development District community, established by Hillsborough County in 2001, in addition to an HOA. Confirm the CDD and HOA amounts per parcel.
What are the HOA fees in Waterchase?
Waterchase has an HOA whose coverage and dues vary by village, with some villages covering exterior maintenance or lawn care, in addition to the CDD. Confirm the current amounts for a specific home before you offer.
What amenities does Waterchase have?
A resort amenity center with a clubhouse, fitness center, two pools including a two-story waterslide, lighted tennis courts with a tennis pro, basketball courts, and a playground, behind a manned gate.
Does Waterchase have a golf course?
No. Waterchase is a gated, amenity-rich community with a clubhouse and pools, but it does not have a golf course.
What schools serve Waterchase?
Waterchase is served by Hillsborough County Public Schools, commonly the Bryant Elementary, Farnell Middle, and Sickles High cluster. Assignment is by address, so confirm the current zoning with the district.
What kinds of homes are in Waterchase?
About eight villages of single-family and estate homes plus townhomes, built largely in the 2000s, so condition and updates vary by home.
How far is Waterchase from the airport?
Tampa International Airport is roughly twelve miles away, about twenty to twenty-five minutes; the Gulf beaches are reachable via the Courtney Campbell Causeway. We will map your real commute.
Is Waterchase a good investment?
Waterchase has durable demand from its gates, amenities, and school cluster, but the village, condition, carrying cost, and price you pay decide the outcome. We give you the honest trade-offs.
What is the minimum lease term in Waterchase?
Waterchase is a deed-restricted owner-occupied community; confirm the current HOA leasing rules and any minimum lease term in the governing documents before buying as a rental.
How do I see homes for sale in Waterchase?
Tell us your budget and timeline and we will send live Waterchase listings by village, true comparable sales, and the CDD and HOA math on any home, before the portals.
Should I use the listing agent to buy in Waterchase?
No. The listing agent works for the seller. Having your own representation is the highest-leverage decision you make on any purchase here.
Buyers who want a gated, guard-manned community with resort amenitiesExcellent fit
Households drawn to the Bryant, Farnell, and Sickles school clusterExcellent fit
Buyers who want a clubhouse, pools, and tennis on siteExcellent fit
Buyers who will budget the CDD and HOA into the true costExcellent fit
Buyers who will match the village and home to their needsExcellent fit
Buyers seeking the lowest carrying cost with no CDDProbably not
Those who want a brand-new home with a builder warrantyProbably not
Buyers who want an ungated, no-amenity neighborhoodProbably not
Anyone who needs a downtown Tampa addressProbably not

Get the inside read on Waterchase

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Waterchase home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

We respond personally, usually the same day.

You are all set.

A Momentum Realty Waterchase specialist will reach out personally, usually the same day.

Thinking about hiring an agent here? How to find the best real estate agent in Waterchase — what to look for, questions to ask, and your local expert.
Stellar MLS logoMLS GRID logo
Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Listings courtesy of Stellar MLS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing; deemed reliable but not guaranteed by MLS GRID.

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