Watergrass
Homes for Sale in Wesley Chapel, FL

Watergrass is a compact, single-era section of the larger Watergrass community in Wesley Chapel, built out over a few years in the mid-2010s and dominated by owner-occupied homes of a consistent, mid-sized footprint.

Stellar MLS sales records identify 690 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 7 qualified sales in Watergrass across 2024–2025 (5 in 2024, 2 in 2025), median $475,000 — 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, 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).

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 value of a small, consistent parcel like this is predictability. With homes clustered around 2,565 square feet and a build range spanning only 2014 to 2018, you're looking at floor plans and construction standards from a single era. That makes comparables cleaner and negotiation more straightforward — the questions come down to updates, wear, and how a specific lot sits.

The flip side is that pricing spreads within a parcel this small will hinge heavily on condition. There is no meaningful 'entry' versus 'high-end' tier here by age or size; the difference between two homes is what's been done to them. Read finishes, mechanicals, and maintenance history carefully, because that — not square footage — is where the money moves.

In a section this small and owner-held, listings are infrequent and comps are close together, so the edge is in reading condition and lot position accurately rather than chasing volume. We track Watergrass parcel by parcel, and we'll tell you plainly when a specific home is priced for its condition and when it isn't.

Listings in this community report association dues of about $8 per month — the median AssociationFee across 30 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.