Wesley Chapel › Estancia

28661 Picana Ln

Wesley Chapel, FL 33543
$999,000
5 bed5 bath4,576 sqftSingle-family home · built 2020

Listed at $236 per sq ft. Median for single-family homes in Estancia sold in the last 24 months: $255 per sq ft.

80 sales · Stellar MLS, credited below

What stands out about this home

Compared with single-family homes like it, within product classi
Size
Larger than 97% of single-family homes sold in Estancia
99 single-family home sales · Jan 2024 - Oct 2026
Price
Listed 9% below the typical price for a single-family home its size in Estancia
99 single-family home sales · Jan 2024 - Oct 2026
Standout feature
A garage for 3 or more cars: 33% of single-family homes listed in Estancia have one
54 single-family home listings · Mar 2024 - Oct 2026
Age
Newer than 74% of single-family homes in Estancia
161 homes · Oct 2023 - Oct 2026
Compared against 40 similar homes sold within 1.32 mi.

About this property

Welcome to this 5-bedroom, 5-bathroom modern luxury home in the prestigious, gated enclave of Matera at Estancia. Situated on an expansive 0.24-acre lot with tranquil pond views, this updated Mendocino model seamlessly pairs architectural elegance with high-end contemporary finishes. A dramatic 20-foot foyer adorned with decorative ceiling beams sets an impressive tone from the moment you step inside. The open-concept main level features sleek tile flooring, crown molding, tray ceilings, and double sliders that effortlessly extend the living room onto the expansive screened-in lanai for ideal, pest-free indoor-outdoor entertaining. At the heart of the home, the gourmet kitchen shines with GE Profile stainless steel appliances, a gas cooktop with vent hood, engineered stone countertops, a mosaic tile backsplash, and a generous walk-in pantry.

Rich Chestnut solid hardwood flooring spans the second level, leading to four sizable bedrooms—each complete with its own private ensuite bathroom—plus a versatile bonus room and dedicated office. The luxurious primary suite serves as a personal sanctuary, featuring a private screened balcony overlooking the water for Florida sunsets without the bugs, a cozy sitting area, a spacious walk-in closet, and a spa-inspired bath with a soaking tub, dual vanities, and an upgraded walk-in shower. Beyond the home, Estancia offers an executive resort lifestyle with a dedicated lifestyle director, state-of-the-art clubhouse, fitness center, tennis and pickleball courts, scenic trails, and a zero-entry pool. Ideally located near top-rated A+ schools, I-75, Wiregrass Mall, and The Krate, this exceptional residence is the pinnacle of upscale Florida living.

Property details

Year built2020
Lot size0.24 ac
HOA + Association 2 fees$122/qtr HOA + $42/qtr second association
Parking3-car
Days on market50
MLS#TB8543497
BalconyHurricane shuttersLightingSidewalkCeiling fansEat-in kitchen
All features →
  • Balcony
  • Hurricane shutters
  • Lighting
  • Sidewalk
  • Ceiling fans
  • Eat-in kitchen
  • High ceilings
  • Open floorplan
  • Primary bedroom upstairs
  • Stone counters
  • Thermostat
  • Walk-in closets
  • Dishwasher
  • Disposal
  • Dryer
  • Microwave
  • Range
  • Range hood
  • Refrigerator
  • Washer
  • Tile flooring
  • Wood flooring
  • Water view
  • Central air conditioning
  • Central heating
  • Electric heating
  • Tile roof
  • Concrete perimeter foundation
  • Slab foundation
  • Block construction
  • Stucco construction
  • Frame construction
  • Two stories
  • Laundry room
  • Cable connected
  • Electricity connected
  • Natural gas connected
  • Sewer connected
  • Sprinkler meter
  • Sprinkler recycled
  • Water connected
  • Garage
  • Stainless steel appliances

The market for homes like this

Single-family homes in Estancia · all sizes
Too few 5+-bedroom single-family home sales here to report on their own, so these cover every single-family home in Wesley Chapel.i
Median sold price$700,00080 sales · last 24 months
Median price per sq ft$25580 sales · last 24 months
Median rent$3,150/mo62 leases · last 12 months
Median days to lease3362 leases · last 12 months

Wesley Chapel, as its listings describe it

What agents stated on listings, 2022 – 2026i
Community pool Estancia95%of 83 listings
HOA fee, median Estancia$78/moof 68 listings
Has an association Estancia99%of 90 listings
Pets allowed Estancia93%of 116 listings
Minimum lease, most common Estancia1-2 Years46% of 66 listings · next: 8–12 Months
Lease restrictions Estancia82%of 66 listings
Association approval required Estancia21%of 66 listings
Private pool Estancia5%of 116 listings
Gated Estancia29%of 83 listings
Public water · sewer100% · 98%of 81 · 82 listings
Flood zone (A or V) Estancia10%of 77 listings
55+ community EstanciaNo99% of 90 listings · next: Yes
Homestead share Estancia77%of 1,077 homes · county tax roll
Also stated: waterfront 2% of 90 listings in Estancia; CDD 99% of 68 in Estancia.

Price and time on market

This listing against homes like iti
Price per sq ft
Listed at $236 per sq ft, 7% below the $255 median for single-family homes in Estancia sold in the last 24 months
80 sales · last 24 months
Time on market
On the market 34 days; single-family homes in Estancia took a median of 32 days to sell in the last 24 months
80 sales · last 24 months
Price history
Listed at $1,100,000 originally; now $1,080,000, 1.8% lower after at least one price reduction. The most recent: down $20,000 on Sept. 24, 2026
at least one price reduction visible

Cost of ownership

What this home costs to hold, from public recordsi
Current owner's taxes
i
$18,039 for 2025 on the listing; about $11,830 on the 2026 roll
The listing and the county roll disagree materially; both are shown
Estimated taxes at this price
i
About $14,400/yr homesteaded, $15,100/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 Wesley Chapel

unincorporated Pasco County · Pasco County · ZIP 33543 · Wesley Chapel (census-designated place) · Flood zone X
Explore Wesley Chapel →
HomesNot yet available
Median sold price$410,1991,306 sales · last 12 months
Vs. the prior year-5.7%1,306 sales this year · 1,328 sales the prior year
Median rent$2,300/mo700 leases · last 12 months
Homes that changed handsNot yet available
Homestead shareNot yet available
Single-family homes in Wesley Chapel, by bedroomsFigures appear once a group has 40 sales
GROUPSALESMEDIAN SOLDMEDIAN RENT
All single-family homes · 12 months933$475,000$2,650/mo391 leases
2 bed38Not enough sales yet to report on their own
3 bed327$412,000$2,250/mo124 leases
4 bed421$489,990$2,700/mo197 leases
5+ bed · this home147$635,000$3,150/mo62 leases
All single-family homes · 24 months1,874$490,000$2,695/mo778 leases
Median price

Wesley Chapel homes sold for a median of $410,199 in the 12 months to Oct. 11, 2026.

1,306 sales
Price trend

That's 5.7% below the median for the 12 months before, $435,000.

1,306 sales this year · 1,328 sales the prior year
What's selling

Single-family detached homes made up 933 of the 1,306 sales in the same 12 months, at a median of $475,000.

933 of 1,306 sales
Not yet available here: owner-occupancy, and rent and time-to-lease for manufactured mobile and villas.The Wesley Chapel record: homes, prices, rents, communities and listings →

Location

28661 PICANA LN, WESLEY CHAPEL, FL 33543

Nearby homes for sale in Wesley Chapel

Based on information from Stellar MLS® for the period November 17, 2022 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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