Watergrass
Homes for Sale in Wesley Chapel, FL

Watergrass Prcl B1-B4 in Wesley Chapel is a section of 190 predominantly larger homes, and the roughly 91% homestead share signals a stable, owner-occupied stretch rather than an investor-churn pocket.

Stellar MLS sales records identify 689 homes in Watergrass that have changed hands since 2009, built between 2006 and 2023 (median 2016), with a median living area of about 2,649 sq ft and a typical 4-bedroom, 3-bath layout; 86% 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.

County records show 15 qualified sales in Watergrass across 2024–2025 (6 in 2024, 9 in 2025), median $680,500 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

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.

Watergrass is too small for its own price trend, so here is the market around it.

In ZIP 33545, 343 homes are on the market and 29% are under contract — a steady corner of Wesley Chapel.

Across Pasco County, 4,213 homes are active and 1,214 pending (22% under contract).

In ZIP 33545 (Wesley Chapel), 1,908 homes closed in the last 12 months at a median of $449K ($194/sq ft), down 3.1% year over year, with a median 47 days on market. Right now 235 active and 110 pending listings put supply at about 4.0 months — a balanced market. See the live ZIP 33545 housing market and the Pasco County market.

ZIP and county figures describe the wider market, not Watergrass specifically. Momentum Research analysis of MLS records.

The homes span a 2007 to 2022 build window with a median build year around 2013, so you are looking at a mix of established and relatively newer construction rather than a uniform vintage. The median footprint near 3,500 square feet puts most of this inventory in the roomier end of the range, which is why the total dollar figure lands where it does even at a moderate price per square foot.

Two facts should anchor expectations. First, the year-over-year median is down 18.8%, so anyone anchoring to a prior peak is working from the wrong number. Second, with just three closings in the measured window, comparables are scarce and each one matters; the median price is a directional read, not a guarantee. The high homestead share near 91% suggests turnover is limited, which can keep well-priced listings competitive even in a slower stretch.

In a thin-data section like this one, the difference is comparable selection and condition adjustment. With only three recent closings and an 81-day median, we won't lean on a single stale comp — we'll price your home, or your offer, against square footage, finish level, and the current pace of the market, and we'll tell you plainly when the number in your head doesn't match what's selling.

Listings in this community report association dues of about $14 per month — the median AssociationFee across 56 MLS records, normalised to a monthly figure; most are billed annually. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.