Waterstone Lakes Ph 2
Homes for Sale in Riverview, FL

Community in Riverview · Hillsborough County
97 homesBuilt 2013–2016
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Built fromLive Stellar MLS data4 years of closingsFL DOR public recordsUpdated twice daily
Live · Waterstone Lakes Ph 2 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
1
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
70%
Owner-occupied · Waterstone Lakes Ph 2
68 of 97 parcels homesteaded (FL DOR 2025)
30%
Non-owner-occupied · Waterstone Lakes Ph 2
incl. 1% trust or LLC-held · 3% out-of-state
0%
Cash buyers · Waterstone Lakes Ph 2
0 of 4 sales, 12 mo ending June 2024
97
Homes in the community
97 residential parcels (FL DOR 2025)
Track record · 4 years of records
Est. 2013
Community established
homes built 2013-2016, median 2015 (FL DOR 2025)
0
Failed listings · 2025
peaked at 1 in 2018
1.0%/yr
Turnover rate
about 1 of 97 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Waterstone Lakes Ph 2 is a small, tightly built phase — 97 homes, nearly all built between 2013 and 2016, with a median year built of 2015. That narrow construction window means condition and finish quality track closely with original build specs rather than a wide range of renovation eras, so pricing here is driven more by floor plan, lot position, and updates than by age spread.

Closing activity in our current tracking window is thin — a single closing — which tells us this is a low-turnover pocket rather than an actively churning market. For sellers, that means patience and pricing discipline matter more than chasing a hot comp. For buyers, it means you may be waiting for the right listing to surface rather than choosing from a deep pool.

Best for

  • Buyers seeking a larger single-family floor plan built within a consistent, recent construction period
  • Buyers comfortable moving decisively when a listing appears, given limited turnover
  • Owner-occupant buyers planning a longer hold rather than a quick resale

Probably not for

  • Buyers who need a confirmed clubhouse, pool, or other listed community amenity as part of the deal
  • Buyers wanting a wide selection of homes to compare at once
  • Investors expecting frequent, high-volume comparable sales data to underwrite pricing

The market around Waterstone Lakes Ph 2

Waterstone Lakes Ph 2 is a small community — 4 recorded sales on file, most recently in 2025 — too few for its own price trend. Here is the market around it.

Across Hillsborough County, 5,970 homes are active and 2,046 pending (26% under contract).

Homes here are single family residence.

ZIP and county figures describe the wider market, not Waterstone Lakes Ph 2 specifically. Momentum Research analysis of MLS records.

If we were buying in Waterstone Lakes Ph 2 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 Waterstone Lakes Ph 2.

Best Buy
Buyers or sellers focused on a single, consistent construction era rather than a mixed-vintage subdivision.
Biggest Risk
Thin closing activity means limited comparable sales data at any given moment.
Sweet Spot
Homes near the median size and build year, where floor plan and condition — not age — set the value.
Avoid If
You're relying on a documented amenity package as part of the purchase decision.

A Small, Homogenous Phase

With only 97 homes and a four-year build window, Waterstone Lakes Ph 2 reads as a single, cohesive construction phase rather than a community that's been added onto over time. That consistency simplifies comparisons — most homes will share similar structural bones, layouts, and system ages — but it also means there's less room for a buyer to find an outlier deal on a much older or much newer home within the phase.

Roughly 70% of homes carry a homestead exemption, which points to a phase where owner-occupancy is the norm rather than a market dominated by investor or short-term rental turnover. We could not confirm dedicated community amenities from current MLS listings, so any pool, clubhouse, or recreational features should be verified directly rather than assumed as part of the value proposition.

The location and the amenities are priced into every listing in Waterstone Lakes Ph 2. 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 phase this small with so few recent closings, generic market data won't tell you much — you need someone tracking this specific pocket of Riverview, not just the broader zip code. We monitor the actual listing and closing activity inside Waterstone Lakes Ph 2 so you're pricing off what's really happening here, not a citywide average that doesn't reflect this build era or lot layout.

Waterstone Lakes Ph 2 in 15 seconds.

Best forBuyers or sellers focused on a single, consistent construction era rather than a mixed-vintage subdivision.
Biggest advantageThe uniform build window makes home-to-home comparisons more reliable than in older, patchwork neighborhoods.
Biggest riskThin closing activity means limited comparable sales data at any given moment.
Sweet spotHomes near the median size and build year, where floor plan and condition — not age — set the value.
Avoid ifYou're relying on a documented amenity package as part of the purchase decision.

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 Waterstone Lakes Ph 2 sales matched to your home.

What is your Waterstone Lakes Ph 2 home worth?

Get a no-obligation home value based on real comparable sales in Waterstone Lakes Ph 2, 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 Waterstone Lakes Ph 2 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Waterstone Lakes Ph 2?
The Florida DOR 2025 assessment roll shows 97 homes in Waterstone Lakes Ph 2 (public records).
What share of Waterstone Lakes Ph 2 is owner-occupied?
70% of Waterstone Lakes Ph 2 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Waterstone Lakes Ph 2 built?
Homes in Waterstone Lakes Ph 2 were built between 2013 and 2016, with a median year built of 2015 (FL DOR 2025 roll).
Do cash buyers compete in Waterstone Lakes Ph 2?
Cash buyers took 0% of Waterstone Lakes Ph 2 sales in the 12 months ending June 2024 (0 of 4 closings, Stellar MLS).
Who is the best real estate agent for Waterstone Lakes Ph 2?
The best agent for Waterstone Lakes Ph 2 is one who actively works Riverview 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 Waterstone Lakes Ph 2.
How do I find a top Riverview real estate agent who knows Waterstone Lakes Ph 2?
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 Waterstone Lakes Ph 2 and the wider Riverview area.
Can Momentum Realty connect me with an agent for Waterstone Lakes Ph 2?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Waterstone Lakes Ph 2 purchase or sale - no call center and no pressure.
Buyers seeking a larger single-family floor plan built within a consistent, recent construction periodExcellent fit
Buyers comfortable moving decisively when a listing appears, given limited turnoverExcellent fit
Owner-occupant buyers planning a longer hold rather than a quick resaleExcellent fit
Buyers who need a confirmed clubhouse, pool, or other listed community amenity as part of the dealProbably not
Buyers wanting a wide selection of homes to compare at onceProbably not
Investors expecting frequent, high-volume comparable sales data to underwrite pricingProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (2 streets, ZIP 33578))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2022 (9 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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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 your area comps.

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More Riverview & Tampa & Hillsborough County guides

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

Thinking of selling in Waterstone Lakes Ph 2? 1 recorded closings (window ending 2026-07-13). See the Hillsborough 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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