Watergrass Pcls B-5 & B
Homes for Sale in Wesley Chapel, FL

Community in Wesley Chapel · Pasco County · ZIP 33545
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Built fromLive Stellar MLS data10 years of closingsUpdated twice daily

Homes listed or recently sold were built 2014–2024; 4 of 4 report an HOA (median $13/mo). As of September 2026, the MLS records 19 closed sales in Watergrass Pcls B-5 & B in Wesley Chapel, FL since 2016, the most recent in June 2026. Across Wesley Chapel as a whole, 1,106 homes closed in the last 12 months at a median of $425,000, 47 median days on market, with 298 homes for sale today. At that median and Pasco County's FY2025-26 rate of 16.15 mills, annual property tax runs about $6,870 ($6,210 with the full homestead exemption).

Part of the Watergrass Wesley Chapel master-planned community in Wesley Chapel, FL — see all Watergrass Wesley Chapel homes for sale (36 listings across 22 villages and sections in the MLS).

Part of Watergrass Pcls, Wesley Chapel, FL — see all Watergrass Pcls homes for sale (5 listings across 3 sections in the MLS).

Live · Watergrass Pcls B-5 & B Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
0 · 0
For sale · pending
live counts, refreshed twice daily
2
Sold · last 12 mo
10-yr average: about 2 a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven by size and condition more than anything else. The typical home runs about 3,749 square feet and was built around 2017, in a stretch of construction that ran from 2014 to 2024, so you are largely buying newer, larger-format product. At a median of $630,000 and roughly $237 per square foot, the numbers point to substantial floor plans rather than a premium on the dirt itself.

The current posture favors a prepared buyer. The median is down 14.9% year over year, which tells you sellers no longer set the terms, but homes are still clearing in about 28 days, so this is not a stalled market. Sellers who price to today's data and present the home well are still transacting on a normal timeline; those anchored to last year's number will sit.

The 60-Second Overview

Watergrass Pcls B-5 & B is a newer-construction pocket of Wesley Chapel in Pasco County, weighted toward large single-family homes and held mostly by owner-occupants, with nearly 89% carrying a homestead exemption.

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.

Best for

  • Buyers with a mid-$600s budget who want maximum square footage and newer construction
  • Owner-occupants planning to hold through a softer stretch rather than flip quickly
  • Value-focused buyers willing to study individual comps and negotiate against a declining median

Probably not for

  • Buyers needing a compact or lower-priced home than the large-format inventory here supports
  • Short-horizon buyers counting on quick equity in a market where the median is down 14.9%
  • Anyone wanting a deep pool of active comps to validate a price, given only three recent closings

The market around Watergrass Pcls B-5 & B

Watergrass Pcls B-5 & B is too small for its own price trend, so here is the market around it.

In ZIP 33545, 342 homes are on the market and 26% are under contract — a steady corner of Wesley Chapel.

Across Pasco County, 4,382 homes are active and 1,285 pending (23% under contract).

ZIP and county figures describe the wider market, not Watergrass Pcls B-5 & B specifically. Momentum Research analysis of MLS records.

Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.

Recent Developments in Watergrass Pcls B 5 B 6

Development, infrastructure, retail, and school activity affecting Watergrass Pcls B 5 B 6, 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 site is about 3 miles northeast of Watergrass Pcls B 5 B 6.

    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 6 miles west of Watergrass Pcls B 5 B 6.

    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 10 miles west of Watergrass Pcls B 5 B 6.

    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 site is about 4 miles south of Watergrass Pcls B 5 B 6.

    Source: HCO News

Development alerts for Watergrass Pcls B 5 B 6Get a short monthly email when something new is approved, funded, or opens near Watergrass Pcls B 5 B 6.

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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 Watergrass Pcls B-5 & B 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 Watergrass Pcls B-5 & B.

Best Buy
Buyers who want a newer, large home and will price their offer to current comps.
Biggest Risk
Only three closings means the median is a rough guide, not a precise value.
Sweet Spot
A well-presented home priced to today, clearing in roughly 28 days.
Avoid If
You need a small or entry-level footprint or a fast, guaranteed resale.

A large-format, owner-held enclave in a softening market

The defining trait here is scale. With a median living area near 3,749 square feet and a build range of 2014 to 2024, this is newer, sizable product, and the median vintage of 2017 means most homes are past their earliest new-build issues but still modern in layout and systems. The homestead share of nearly 89% signals a community held largely by people living in their homes rather than short-term holders, which tends to keep upkeep and presentation more consistent.

The counterweight is the 14.9% year-over-year decline in the median. That is a meaningful reset, and with only three closings in the window the sample is thin, so any single sale carries weight in the math. Read the median as a directional signal, not a precise appraisal of your specific floor plan. The 28-day median days-on-market says correctly priced homes still move, but the pricing bar is set by current comps, not by what a neighbor got a year ago.

The location and the amenities are priced into every listing in Watergrass Pcls B-5 & B. 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 thin-sample, year-over-year-declining market like this one, the difference between a good and a bad outcome is disciplined pricing and comp reading. We work the individual sales behind the median, adjust for square footage and condition rather than leaning on a headline number, and tell sellers plainly where the market is instead of where they wish it were. For buyers, we help you separate a genuine value from a home that is simply chasing the market down.

Watergrass Pcls B-5 & B in 15 seconds.

Best forBuyers who want a newer, large home and will price their offer to current comps.
Biggest advantageA softening median gives disciplined buyers more room than a year ago.
Biggest riskOnly three closings means the median is a rough guide, not a precise value.
Sweet spotA well-presented home priced to today, clearing in roughly 28 days.
Avoid ifYou need a small or entry-level footprint or a fast, guaranteed resale.

HOA, CDD & Fees

In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Watergrass Pcls B-5 & B sales matched to your home.

What is your Watergrass Pcls B-5 & B home worth?

Get a no-obligation home value based on real comparable sales in Watergrass Pcls B-5 & B, 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 Wesley Chapel →

Real comps, not an automated estimate.
Buyers with a mid-$600s budget who want maximum square footage and newer constructionExcellent fit
Owner-occupants planning to hold through a softer stretch rather than flip quicklyExcellent fit
Value-focused buyers willing to study individual comps and negotiate against a declining medianExcellent fit
Buyers needing a compact or lower-priced home than the large-format inventory here supportsProbably not
Short-horizon buyers counting on quick equity in a market where the median is down 14.9%Probably not
Anyone wanting a deep pool of active comps to validate a price, given only three recent closingsProbably not

Nearby Communities

Explore more neighborhoods near Watergrass Pcls B-5 & B with Momentum Realty’s local guides.

Watergrass Wesley Chapel0.4 mi awayVidas Way Wesley Chapel0.6 mi awayWhispering Oaks Preserve0.6 mi awayNew River Lakes Wesley Chapel1.7 mi awayEpperson Wesley Chapel1.7 mi awayAvalon Park Wesley Chapel1.9 mi awayChapel Crk Vlgs 7 8 Ph 1 3 Zephyrhills2.1 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: September 12, 2026)
Under-contract sharesStellar MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2016 (19 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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CallFree valuation →
Thinking of selling in Watergrass Pcls B-5 & B-6? 2 recorded closings (window ending 2026-09-12). 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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Watergrass Pcls B 5 B 6 Market Scorecard

No active listings

Watergrass Pcls B 5 B 6 is currently a no active listings market. Limited supply, a median asking price of n/a.

n/a
Months supply
n/a
Median list
$652,500
Median sold
n/a
Per sqft
n/a
Days on mkt
0/0/4
Active/Pend/Sold

Typical home value in the 33545 ZIP is $394,333, about 27.5% below the Florida norm (Zillow Home Value Index).

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

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