Pasco County, FL

Property Details – SOLD ! ! !

SOLD! Whether you are looking for a new place to make your home year round or just looking for a winter home in the sun, 55+ active adult communities are a great place to look.  These communities are a very popular way of life in the Suncoast Tampa Bay area. In fact, the 55+ community is the fastest growing segment of housing in America.

“Projections produced by the Florida Office of Economic and Demographic Research show a 29% increase in population for those residents aged 55 and up by 2020. This is well above the 11% increase projected for all age groups, and indicates that older buyers will remain a significant market segment within the state over the coming years” – Metrostudy

In order to qualify for a home in a 55+ community, at least one resident  must be 55 years or older. Most of you in fact are not really retired and still enjoy a very busy and active lifestyle. Some of the most popular activities enjoyed by homeowners are golf, tennis, swimming and walking.  All of these outdoor activities can be experienced year  round in the warmth of the Florida sun.

In fact, this lot located in Timber Greens, is across the street from the 8,300 acre Jay B. Starkey Wilderness Park The park consists of a kiosk, open space, camping area, horse corral and equestrian trail, nature and multi-purpose trails, day use area, shelters and pavilions, playgrounds, horseshoe and volleyball courts. And the birding trail was designed by the Audubon Society and 177 species of birds have been viewed.

The multi-purpose trail in the park consists of 7.3 miles of paved surface for bike riding, roller blading, jogging or walking and it connects to the Suncoast Trail (42 miles) which runs along the west side of the Suncoast Parkway and stretches across Hillsborough, Pasco and Hernando counties with eight trailheads in Pasco County.  There is also a 10 mile equestrian trail and 13 miles of beautiful hiking trails.

This amazing property in the Timber Greens 55+ community is located north of Tampa Bay and just east of New Port Richey in a suburban area less than 10 miles to the Gulf Coast beaches and theme parks. And only 3 miles away is Rasmussen college And just outside the community boundary at the intersection of River Crossing Blvd. and Little Rd. is a Florida Cancer Institute clinic, a Publix supermarket, a McDonald’s and a Starbucks. What more could you ask for.

Timber Greens, is a gated community in suburban Pasco County, Florida that consists of seven-hundred eighty-three (783) private homes and villas and is one of the most sought after retirement communities in Pasco County. Community amenities include an expansive clubhouse, swimming pool, hot tub, 18-hole golf course,  tennis courts, bocce court, dining and bar facilites, fitness center and an abundance of activities and social events for residents and guests.

Home prices in the area pretty much bottomed in late 2011 (lot prices lag but eventually follow) and as you see in the chart below, started to inch up late in 2012. Not only would this be a great investment now but a perfect choice for anyone wanting to build a home and live in Florida.

NAHB is projecting that the number of housing starts in 55+ communities will increase 22 percent to 74,302 units in 2013, and another 20 percent to 89,071 in 2014.”

New Port Richey Zillow Home Value Index

Here’s the details. It is a corner .34 acre lot, flat with all utilities in a fully developed, gated subdivision. See pictures below. The only vacant lot available in Timber Greens and ready to build on. The last one. HOA dues are only$173 mo. It is at the corner of Springmeadow Dr. and Rosemont Ct., near a secondary entry/exit to the community.

And since this lot is ready to build on, you save significantly on prep costs and utilities which can be up to$50,000 on an undeveloped lot. And, as you have also seen above, values have begun to turn up but if you build now you are right in the middle of current prices with nowhere to go but up. This is a golden opportunity.

Think about it. Forget investing your money in gold. You could buy this lot now, then at your own pace design and permit your house, install the underground untilies and foundation, then frame it up and finish it out when you can. In just a few years, as the economy finally improves, you can have a beautiful home ready and waiting – 100% paid for! Now that’s a retirement plan! And fun too. At this point in your life don’t you finally deserve exactly what you want.

Call or email to buy or with any questions (see SELLER INFORMATION above right-hand column). When buying, you will be sent a short agreement to review and sign which you will then forward to a local title company for closing, usually within 30-days. More details and pictures below . . .


Listing Type: vacant land
Price: SOLD ! ! !
Closing costs:
Payment options/terms:
County: Pasco
Address: Pasco County
City: New Port Richey
State: FL
ZIP: 34655
Country: USA
APN#: 01-26-16-0170-00000-3890
Legal Description: TIMBER GREENS PHASE 2-B
Size: .34 acres
Roads: Yes paved
Utilities: Yes in street
Taxes and Dues: HOA dues $173/mo.
Terrain: Flat
Zoning Info: residential

Additional Features:

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