ZIP 34654 › Colony Lakes

12118 Colony Lakes Blvd

New Port Richey, FL 34654
$325,000
4 bed2 bath1,968 sqftSingle-family home · built 2006

Listed at $165 per sq ft. Median for single-family homes with 4 bedrooms in ZIP 34654 sold in the last 12 months: $199 per sq ft.

72 sales · Stellar MLS, credited below

What stands out about this home

Compared with single-family homes like it, within product classi
Size
Larger than 60% of single-family homes sold in ZIP 34654
742 single-family home sales · Jan 2024 - Oct 2026
Price
Listed 19% below the typical price for a single-family home its size in ZIP 34654
742 single-family home sales · Jan 2024 - Oct 2026
Standout feature
No standout feature to report
Age
Newer than 76% of single-family homes in ZIP 34654
1,146 homes · Feb 2007 - Oct 2026
Compared against 40 similar homes sold within 0.98 mi.

About this property

Welcome home to a spacious four-bedroom, two-bath property offering nearly 2,000 square feet of comfortable Florida living on a peaceful conservation lot with no rear neighbors. Step inside to a flexible floor plan featuring a large living room, a separate dining or sitting area, and a generously sized kitchen with plenty of room for gathering and entertaining. New vinyl plank flooring enhances the main living areas, while new carpet provides added comfort in the bedrooms.

The impressive primary suite includes a walk-in closet and private bath. Three additional bedrooms, each with built-in closets, provide plenty of space for guests, a home office, hobbies, or everyday living. A two-car garage and interior laundry room add convenience and storage.

Out back, enjoy tranquil preserve views and the privacy of having no homes directly behind you—the perfect setting for morning coffee, evening relaxation, or creating your own outdoor retreat.

Colony Lakes offers residents a heated community pool, clubhouse, playground, and attractive neighborhood surroundings. Enjoy easy access to Tampa via the Suncoast Parkway, while nearby U.S. 19 provides a convenient route toward Clearwater Beach and the Gulf Coast. Close to shopping, dining, and recreation, this home combines space, privacy, community amenities, and accessibility at an exceptional value. Schedule your private showing!

Property details

Year built2006
Lot size0.14 ac
HOA fee$521/qtr
Parking2-car
Days on market44
MLS#TB8539676
Ceiling fansWalk-in closetsDishwasherDisposalRefrigeratorCarpet flooring
All features →
  • Ceiling fans
  • Walk-in closets
  • Dishwasher
  • Disposal
  • Refrigerator
  • Carpet flooring
  • Tile flooring
  • Vinyl flooring
  • Trees or woods view
  • Central air conditioning
  • Electric heating
  • Shingle roof
  • Slab foundation
  • Block construction
  • Stucco construction
  • Single story
  • Inside laundry
  • Electricity connected
  • Public utilities
  • Sprinkler meter
  • Garage

The market for homes like this

Single-family homes with 4 bedrooms in ZIP 34654
i
Median sold price$454,95072 sales · last 12 months
Median price per sq ft$19972 sales · last 12 months
Median rent$2,005/mo56 leases · last 12 months
Median days to lease3256 leases · last 12 months

ZIP 34654, as its listings describe it

What agents stated on listings, 2007 – 2026i
Community pool61%of 317 listings
HOA fee, median$180/moof 290 listings
Has an association62%of 545 listings
Pets allowed92%of 587 listings
Minimum lease, most commonNo Minimum45% of 444 listings · next: 1–2 Years
Lease restrictions49%of 447 listings
Association approval required50%of 352 listings
Private pool19%of 689 listings
Gated58%of 317 listings
Public water · sewer65% · 63%of 487 · 511 listings
Flood zone (A or V)17%of 513 listings
55+ communityNo85% of 549 listings · next: Yes
Homestead share Colony Lakes61%of 155 homes · county tax roll
Also stated: waterfront 7% of 552 listings; CDD 11% of 475.

Price and time on market

This listing against homes like iti
Price per sq ft
Listed at $165 per sq ft, 17% below the $199 median for 4-bedroom single-family homes in ZIP 34654 sold in the last 12 months
72 sales · last 12 months
Time on market
On the market 44 days; 4-bedroom single-family homes in ZIP 34654 took a median of 40 days to sell in the last 12 months
72 sales · last 12 months
Price history
Listed at $330,000 originally; now $325,000, 1.5% lower after at least one price reduction. The most recent: down $5,000 on Oct. 1, 2026
at least one price reduction visible

Cost of ownership

What this home costs to hold, from public recordsi
Current owner's taxes
i
$4,774 (2025)
As stated on the listing for 2025
Estimated taxes at this price
i
About $3,900/yr homesteaded, $4,600/yr as an investor
Estimated: the asking price through the county's price-to-value factor, at the parcel's published millage; assessments reset at sale
Typical electric bill
i
$151/mo (2024)
Typical: the utility's average residential bill for 2024 (not this home's)
Typical water and sewer
i
$85/mo at 5,000 gallons
Typical: the provider's published schedule at 5,000 gallons a month on a standard residential meter
THE NEIGHBORHOOD

Living in ZIP 34654

unincorporated Pasco County · Pasco County · ZIP 34654 · Flood zone X
Explore ZIP 34654 →
Homes9,979residential parcels
Median sold price$300,000369 sales · last 12 months
Vs. the prior year+0.3%369 sales this year · 425 sales the prior year
Median rent$1,950/mo93 leases · last 12 months
Homes that changed hands4%369 sales of 9,979 homes
Homestead share72%of 9,979 homes · county tax roll
Single-family homes in ZIP 34654, by bedroomsFigures appear once a group has 40 sales
GROUPSALESMEDIAN SOLDMEDIAN RENT
All single-family homes · 12 months258$368,500$2,005/mo56 leases
2 bed32Not enough sales yet to report on their own
3 bed131$329,900—
4 bed · this home72$454,950—
5+ bed23Not enough sales yet to report on their own
All single-family homes · 24 months539$370,000$2,083/mo94 leases
Median price

ZIP 34654 homes sold for a median of $300,000 in the 12 months to Oct. 11, 2026.

369 sales
Price trend

That's 0.3% above the median for the 12 months before, $299,000.

369 sales this year · 425 sales the prior year
What's selling

Single-family detached homes made up 258 of the 369 sales in the same 12 months, at a median of $368,500.

258 of 369 sales
Not yet available here: rent and time-to-lease for manufactured mobile.The ZIP 34654 record: homes, prices, rents, communities and listings →

Location

12118 COLONY LAKES BLVD, NEW PORT RICHEY, FL 34654

Nearby homes for sale in New Port Richey

Based on information from Stellar MLS® for the period February 28, 2007 through October 11, 2026.

Listings courtesy of Stellar MLS as distributed by MLS GRID

HomeProp is a licensed Florida real estate brokerage (License CQ1055163). Regulated by the Florida Real Estate Commission (FREC), 400 W Robinson St, Orlando, FL 32801. All information deemed reliable but not guaranteed.

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