Watergrass Prcl D-1
Homes for Sale in Wesley Chapel, FL

Community in Wesley Chapel · Pasco County
88 homesBuilt 2014–2019Median sale $645K
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Live · WATERGRASS PRCL D-1 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$600K
Median sold · 12 mo
up 3.4% vs the prior 12 months
+3.4%
1-yr price change
n = 4 and 3 sales in the two windows
$180/sf
Sold $/sqft · 12 mo
peak $183 in 2022
95.0%
Sale vs ask
Tempo
42days
Median DOM · closed
15 days at the 2022 low
4
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
89%
Owner-occupied · WATERGRASS PRCL D-1
79 of 89 parcels homesteaded (FL DOR 2025)
11%
Non-owner-occupied · WATERGRASS PRCL D-1
incl. 1% trust or LLC-held · 1% out-of-state
0%
Cash buyers · WATERGRASS PRCL D-1
0 of 4 sales, 12 mo ending June 2026
88
Homes in the community
plus 1 vacant residential lots · 89 residential parcels (FL DOR 2025)
Track record · 5 years of records
Est. 2014
Community established
homes built 2014-2019, median 2017 (FL DOR 2025)
0
Failed listings · 2024
peaked at 3 in 2019
3,156sqft
Median sold home size
12-mo windows, closed sales
4.5%/yr
Turnover rate
about 4 of 88 homes trade a year
Built fromLive Stellar MLS data5 years of closingsFL DOR public recordsUpdated twice daily
Jon Brooks, founder of Momentum Realty
Jon's Current Read

This is a large-home enclave inside Watergrass, and the median living area — nearly 3,450 square feet — is doing most of the work on the median price of $645,000. At a median of about $184 per square foot, you are paying for volume of finished space more than for a premium per-foot address. The homes were built in a tight window, 2014 to 2019, so you are largely comparing similar-era construction rather than a mix of old and new; condition and finish level, not vintage, will drive where a given house lands relative to that median.

The market posture is brisk but not frantic: a median of 23 days on market means well-prepared homes move in just over three weeks. For sellers, that argues for pricing to the comps and presenting the house properly rather than testing a high number. For buyers, it means you should have financing and a plan in place before you tour; the better listings do not sit. Note the small closings window here — three recent sales — so treat the median as a directional read, not a precise gauge.

WATERGRASS PRCL D-1 Housing Pulse · Momentum Research · as of August 2, 2026

WATERGRASS PRCL D-1 right now

🟡 Still climbing. The trailing-12-month median ($600K) is up 3.4% from the prior 12 months ($580K). With about 2 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending August 2. Confidence: Low (4 and 3 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated August 2, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Watergrass Prcl D-1 market snapshot (as of July 15, 2026): the median sale price is about $645K ($184 per sq ft over the trailing 12 months of closed sales), and a median 23 days on market for closed sales.

Watergrass Prcl D-1 is a community of 88 homes in Wesley Chapel, Pasco County, built between 2014 and 2019 (median 2017.0), with a median living area of about 3,450 square feet. 89% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Watergrass Prcl D-1 is a compact, 88-home pocket of larger, single-era houses within the wider Watergrass community in Wesley Chapel. With nearly 89% of homes carrying a homestead exemption, this reads as an owner-occupied section rather than an investor-heavy one.

Best for

  • Buyers whose budget centers on the mid-$600s and who want maximum finished space for it
  • Long-hold owner-occupants comfortable in an established, low-turnover section
  • Buyers who value a single, consistent build era over a mix of vintages

Probably not for

  • Anyone shopping well below the median who needs a smaller, lower-priced home
  • Buyers wanting a low-maintenance or minimal-square-footage property
  • Investors seeking a high-turnover section with plentiful comparable sales

Median sale price over the trailing 12 months ending July 15 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($645K) IS the median in the snapshot above.

Windows contain 0 to 5 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
024202220242026
0 to 5 a year; 3 in the current window.

If we were buying in Watergrass Prcl D-1 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 Prcl D-1.

Best Buy
Buyers who want large square footage in a recent build era.
Biggest Risk
A thin comp set makes the median a directional read only.
Sweet Spot
A well-kept 2014–2019 home priced honestly to condition near the $645,000 median.
Avoid If
You want a compact or lower-maintenance home.

Space is the story here

The defining trait of this parcel is size. A median footprint approaching 3,450 square feet puts these among the more substantial homes you will find in the area, and the price reflects square footage more than location premium. If you need genuine room and want it in one recent build era rather than a patchwork of ages, this is a coherent set of options to compare against each other.

Because the homes cluster in a 2014–2019 build range and per-foot pricing is moderate, the spread between one house and the next will come down to condition, upgrades, and lot rather than fundamental differences in age. The high homestead share — close to nine in ten homes — signals a stable, held-long-term section, which typically means fewer listings turning over at once. With only a handful of recent closings, expect thin comparable data and lean on a broker to read individual listings carefully.

The location and the amenities are priced into every listing in Watergrass Prcl D-1. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

With only 88 homes and a thin recent-closing record, this parcel does not give you a deep comp set to lean on — one or two sales can move the reported median. We price and negotiate off the actual condition and finish of the house in front of you, not a rounded number, and with listings moving in roughly three weeks we make sure you are ready to act before you fall for one.

Watergrass Prcl D-1 in 15 seconds.

Best forBuyers who want large square footage in a recent build era.
Biggest advantageModerate per-foot pricing on genuinely big homes.
Biggest riskA thin comp set makes the median a directional read only.
Sweet spotA well-kept 2014–2019 home priced honestly to condition near the $645,000 median.
Avoid ifYou want a compact or lower-maintenance home.

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 Watergrass Prcl D-1 sales matched to your home.

What is your Watergrass Prcl D-1 home worth?

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Real comps, not an automated estimate.

Recent Developments in Watergrass Prcl D 1

Development, infrastructure, retail, and school activity affecting Watergrass Prcl D 1, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.

  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 project is about 10 miles southeast of Watergrass Prcl D 1, elsewhere in Pasco County.

    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 south of Watergrass Prcl D 1.

    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 7 miles southwest of Watergrass Prcl D 1.

    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 project is about 12 miles southeast of Watergrass Prcl D 1, elsewhere in Pasco County.

    Source: HCO News

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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.

Frequently Asked Questions

What is the median home price in Watergrass Prcl D-1?
The median sale price in Watergrass Prcl D-1 was $645K over the 12 months ending July 15, 2026 (3 closed sales, Stellar MLS).
How long do homes in Watergrass Prcl D-1 take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 23 days on market (3 sales, Stellar MLS).
How many homes are in Watergrass Prcl D-1?
The Florida DOR 2025 assessment roll shows 88 homes plus 1 vacant residential lots in Watergrass Prcl D-1 (public records).
What share of Watergrass Prcl D-1 is owner-occupied?
89% of Watergrass Prcl D-1 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Watergrass Prcl D-1 built?
Homes in Watergrass Prcl D-1 were built between 2014 and 2019, with a median year built of 2017.0 (FL DOR 2025 roll).
Do cash buyers compete in Watergrass Prcl D-1?
Cash buyers took 0% of Watergrass Prcl D-1 sales in the 12 months ending June 2026 (0 of 3 closings, Stellar MLS).
Who is the best real estate agent for Watergrass Prcl D-1?
The best agent for Watergrass Prcl D-1 is one who actively works Wesley Chapel 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 Watergrass Prcl D-1.
How do I find a top Wesley Chapel real estate agent who knows Watergrass Prcl D-1?
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 Watergrass Prcl D-1 and the wider Wesley Chapel area.
Can Momentum Realty connect me with an agent for Watergrass Prcl D-1?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Watergrass Prcl D-1 purchase or sale - no call center and no pressure.
Buyers whose budget centers on the mid-$600s and who want maximum finished space for itExcellent fit
Long-hold owner-occupants comfortable in an established, low-turnover sectionExcellent fit
Buyers who value a single, consistent build era over a mix of vintagesExcellent fit
Anyone shopping well below the median who needs a smaller, lower-priced homeProbably not
Buyers wanting a low-maintenance or minimal-square-footage propertyProbably not
Investors seeking a high-turnover section with plentiful comparable salesProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 15, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (3 streets, ZIP 33545))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2021 (12 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.

Windows contain 0 to 4 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2021 through 2026. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
024202220242026
0 to 4 a year; 4 in the current window.
How much local inventory is already under contract

23% of homes for sale in ZIP 33545 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 (2026-08-01).

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (3 streets, ZIP 33545))
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-sale records back to 2021 (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.

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More Wesley Chapel & Tampa North / Pasco County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Tampa North / Pasco County or the full Neighborhood Finder.

Thinking of selling in WATERGRASS PRCL D-1? 4 recorded closings; median 41 days on market (window ending 2026-08-02). 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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