Jasmine Estates › Regency Park

9735 Rainbow Ln

Port Richey, FL 34668
$159,000
2 bed1 bath912 sqftSingle-family home · built 1978

Listed at $174 per sq ft. Median for single-family homes with up to 2 bedrooms in Regency Park sold in the last 12 months: $207 per sq ft.

42 sales · Stellar MLS, credited below

What stands out about this home

Compared with single-family homes like it, within product classi
Size
Larger than 14% of single-family homes sold in Regency Park
335 single-family home sales · Jan 2024 - Oct 2026
Price
Listed 10% below the typical price for a single-family home its size in Regency Park
335 single-family home sales · Jan 2024 - Oct 2026
Standout feature
No standout feature to report
Age
Newer than 60% of single-family homes in Regency Park
505 homes · Aug 2020 - Oct 2026
Compared against 40 similar homes sold within 0.45 mi.

About this property

INVESTOR SPECIAL! Unlock the potential of this property in an established residential neighborhood with mature landscaping and a convenient location. This property offers an excellent opportunity for investors, contractors, or buyers looking for a renovation project with the potential to create significant value.
The existing home features a functional single-story layout, attached garage, driveway parking, and a spacious lot surrounded by mature trees and greenery. The property is in need of renovation and is being offered as-is, making it an ideal candidate for a remodel, rental investment, or potential redevelopment opportunity, subject to buyer investigation and applicable city/county requirements.
The surrounding neighborhood features a mix of well-maintained homes, established landscaping, and residential streets, providing a solid setting for a value-add project. Bring your vision, contractor, and plans and transform this property into a desirable residence or investment asset.
Cash, hard-money, renovation, and investor buyers encouraged. Buyer to independently verify all property characteristics, permits, zoning, square footage, development potential, and intended use with the appropriate authorities. Seller will make no repairs or warranties regarding condition. Probate/estate sale terms may apply if applicable.
A great opportunity for an investor looking for their next value-add project!

Property details

Year built1978
Lot size0.12 ac
HOANot stated
Parking1-car
Days on market30
MLS#TB8546579
Central air conditioningCentral heatingShingle roofSlab foundationBlock constructionStucco construction
All features →
  • Central air conditioning
  • Central heating
  • Shingle roof
  • Slab foundation
  • Block construction
  • Stucco construction
  • Single story
  • Public utilities
  • Garage

The market for homes like this

Single-family homes with up to 2 bedrooms in Regency Park
i
Median sold price$218,25042 sales · last 12 months
Median price per sq ft$20742 sales · last 12 months
Median rent$1,723/mo74 leases · last 24 months
Median days to lease3674 leases · last 24 months

Jasmine Estates, as its listings describe it

What agents stated on listings, 2015 – 2026i
Community pool36%of 91 listings
HOA fee, median Regency ParkNot enough sales yet to report on their own
Has an association Regency Park1%of 144 listings
Pets allowed Regency Park90%of 128 listings
Minimum lease, most common Regency ParkNo Minimum86% of 109 listings · next: 1–7 Days
Lease restrictions Regency Park6%of 109 listings
Association approval required Regency Park0%of 46 listings
Private pool Regency Park28%of 210 listings
Gated20%of 91 listings
Public water · sewer97% · 97%of 117 · 127 listings
Flood zone (A or V) Regency Park0%of 139 listings
55+ community Regency ParkNo100% of 144 listings
Homestead share Regency Park54%of 2,541 homes · county tax roll
Also stated: waterfront 4% of 144 listings in Regency Park; CDD 0% of 123 in Regency Park.

Price and time on market

This listing against homes like iti
Price per sq ft
Listed at $174 per sq ft, 16% below the $207 median for 2-bedroom single-family homes in Regency Park sold in the last 12 months
42 sales · last 12 months
Time on market
On the market 30 days; 2-bedroom single-family homes in Regency Park took a median of 16 days to sell in the last 12 months
42 sales · last 12 months
Price history
Listed at $169,000 originally; now $159,000, 5.9% lower after at least one price reduction. The most recent: down $10,000 on Oct. 8, 2026
at least one price reduction visible

Cost of ownership

What this home costs to hold, from public recordsi
Current owner's taxes
i
$2,626 (2025)
As stated on the listing for 2025
Estimated taxes at this price
i
About $1,500/yr homesteaded, $2,200/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 Jasmine Estates

unincorporated Pasco County · Pasco County · ZIP 34668 · Jasmine Estates (census-designated place) · Flood zone X
Explore Jasmine Estates →
HomesNot yet available
Median sold price$242,500358 sales · last 12 months
Vs. the prior year+1.0%358 sales this year · 396 sales the prior year
Median rent$1,650/mo98 leases · last 12 months
Homes that changed handsNot yet available
Homestead shareNot yet available
Single-family homes in Jasmine Estates, by bedroomsFigures appear once a group has 40 sales
GROUPSALESMEDIAN SOLDMEDIAN RENT
All single-family homes · 12 months334$249,750$1,655/mo94 leases
2 bed · this home133$220,000$1,595/mo43 leases
3 bed181$265,000$1,700/mo47 leases
4 bed19Not enough sales yet to report on their own
5+ bed1Not enough sales yet to report on their own
All single-family homes · 24 months712$245,000$1,750/mo199 leases
Median price

Jasmine Estates homes sold for a median of $242,500 in the 12 months to Oct. 11, 2026.

358 sales
Price trend

That's 1.0% above the median for the 12 months before, $240,000.

358 sales this year · 396 sales the prior year
What's selling

Single-family detached homes made up 334 of the 358 sales in the same 12 months, at a median of $249,750.

334 of 358 sales
Not yet available here: owner-occupancy.

Location

9735 RAINBOW LN, PORT RICHEY, FL 34668

Nearby homes for sale in Port Richey

Based on information from Stellar MLS® for the period December 7, 2015 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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