ZIP 34655 › Heritage Lake

4922 Grist Mill Cir

New Port Richey, FL 34655
$156,700
1 bed1 bath723 sqftTownhome · built 1981

Listed at $217 per sq ft. Median for townhomes in ZIP 34655 sold in the last 12 months: $189 per sq ft.

56 sales · Stellar MLS, credited below

What stands out about this home

Compared with townhomes like it, within product classi
Size
Larger than 0% of townhomes sold in ZIP 34655
189 townhome sales · Jan 2024 - Oct 2026
Price
Listed 14% above the typical price for a townhome its size in ZIP 34655
189 townhome sales · Jan 2024 - Oct 2026
Standout feature
No standout feature to report
Age
Newer than 0% of townhomes in ZIP 34655
361 homes · Aug 2020 - Oct 2026

About this property

TURNKEY VILLA IN HERITAGE LAKE 55+ COMMUNITY
Come enjoy the Florida lifestyle in this charming 1-bedroom, 1-bath villa located in the desirable Heritage Lake 55+ community in New Port Richey!
This move-in-ready villa makes settling into Florida living easy. Whether you're looking for a full-time residence, seasonal getaway, or low-maintenance Florida retreat, this home is ready for you. Heritage Lake offers a wonderful selection of amenities, activities, and social opportunities, including: Community swimming pool, Tennis courts, Shuffleboard, Bocce ball, Cornhole, Fitness center, Clubhouse and banquet room, Clubs and organized activities.
The clubhouse is a hub of activity, providing opportunities to meet neighbors, socialize, and enjoy everything this active community.
The Low HOA Fee includes a variety of services, including: Basic cable, Internet, Recreational facilities, Grounds maintenance,
Pest control, Trash, Private roads, Common-area taxes, Escrow reserves.
If you're looking for a turnkey, affordable, low-maintenance home in an active 55+ community, this villa is ready to welcome you.
(FURNISHINGS OPTIONAL)

Property details

Year built1981
Lot size0.04 ac
HOA + Association 2 fees$179/mo HOA + $74/mo second association
ParkingCarport
Days on market17
MLS#TB8548230
Rain guttersSidewalkCeiling fansEat-in kitchenDishwasherDryer
All features →
  • Rain gutters
  • Sidewalk
  • Ceiling fans
  • Eat-in kitchen
  • Dishwasher
  • Dryer
  • Electric water heater
  • Microwave
  • Range
  • Refrigerator
  • Washer
  • Ceramic tile flooring
  • Laminate flooring
  • Central air conditioning
  • Central heating
  • Electric heating
  • Shingle roof
  • Slab foundation
  • Block construction
  • Concrete construction
  • Single story
  • Inside laundry
  • Laundry room
  • Washer hookup
  • Cable connected
  • Electricity connected
  • Sewer connected
  • Water connected
  • Carport

The market for homes like this

Townhomes in ZIP 34655 · all sizes
Too few 2-bedroom townhome sales here to report on their own, so these cover every townhome in ZIP 34655.i
Median sold price$295,17056 sales · last 12 months
Median price per sq ft$18956 sales · last 12 months

ZIP 34655, as its listings describe it

What agents stated on listings, 2015 – 2026i
Community pool64%of 779 listings
HOA fee, median$145/moof 785 listings
Has an association82%of 1,083 listings
Pets allowed93%of 1,283 listings
Minimum lease, most commonNo Minimum31% of 849 listings · next: 1–2 Years
Lease restrictions68%of 851 listings
Association approval required42%of 780 listings
Private pool23%of 1,375 listings
Gated44%of 779 listings
Public water · sewer96% · 95%of 947 · 1,016 listings
Flood zone (A or V)23%of 1,012 listings
55+ communityNo79% of 1,091 listings · next: Yes
Homestead share Heritage Lake85%of 553 homes · county tax roll
Also stated: waterfront 6% of 1,091 listings; CDD 23% of 951.

Price and time on market

This listing against homes like iti
Price per sq ft
Listed at $217 per sq ft, 15% above the $189 median for townhomes in ZIP 34655 sold in the last 12 months
56 sales · last 12 months
Time on market
On the market 17 days; townhomes in ZIP 34655 took a median of 16 days to sell in the last 12 months
56 sales · last 12 months
Price history
Listed at $156,700 since Sept. 19, 2026 with no price change

Cost of ownership

What this home costs to hold, from public recordsi
Current owner's taxes
i
$2,207 for 2025 on the listing; about $1,806 on the 2026 roll
The listing and the county roll disagree materially; both are shown
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
$170/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 34655

unincorporated Pasco County · Pasco County · ZIP 34655 · Flood zone X500
Explore ZIP 34655 →
Homes18,014residential parcels
Median sold price$385,000911 sales · last 12 months
Vs. the prior year-1.5%911 sales this year · 846 sales the prior year
Median rent$2,000/mo181 leases · last 12 months
Homes that changed hands5%911 sales of 18,014 homes
Homestead share77%of 18,014 homes · county tax roll
Townhomes in ZIP 34655, by bedroomsFigures appear once a group has 40 sales
GROUPSALESMEDIAN SOLDMEDIAN RENT
All townhomes · 12 months56$295,170—
2 bed · this home20Not enough sales yet to report on their own
3 bed31Not enough sales yet to report on their own
4 bed5Not enough sales yet to report on their own
All townhomes · 24 months88$310,000—
Median price

ZIP 34655 homes sold for a median of $385,000 in the 12 months to Oct. 11, 2026.

911 sales
Price trend

That's 1.5% below the median for the 12 months before, $390,700.

911 sales this year · 846 sales the prior year
What's selling

Single-family detached homes made up 708 of the 911 sales in the same 12 months, at a median of $425,000.

708 of 911 sales
Not yet available here: rent and time-to-lease for villas, condos and townhomes.

Location

4922 GRIST MILL CIR, NEW PORT RICHEY, FL 34655

Nearby homes for sale in New Port Richey

Based on information from Stellar MLS® for the period November 1, 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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