655 APPALOOSA ROAD
TARPON SPRINGS, FL 34688
About this home
Pre-Construction. To be built. Who does not love living right in the MIDDLE of SERENITY? Own a 5 ACRE (MOL) estate suited for your needs. As advertised, this is an exceptional opportunity to build a luxury custom home located in North Pinellas. Minutes to the beach, golfing, and horse trails. Fish from your fully stocked pond while watching sunsets. Proposed home features an open concept design with an oversized quartz island, custom cabinetry, walk in pantry, first floor owner’s suite, additional second floor bedrooms, and an in law suite above the garage with bedroom, bath, flex/living space and private covered balcony. Plans also include an outdoor kitchen and side entry garage. New construction includes hurricane impact windows and modern construction to current building codes. Buyer may customize selections and finishes. The renderings provided are conceptual and represent one potential home design that may be built and serve as a proven concept for the property. Buyers may choose to customize the design or select an alternative floor plan. Pool would be an optional upgrade. Final pricing may vary depending on the buyer’s selections. Located in the highly desirable Keystone Ranchettes community, this property offers sprawling homesites, no deed restrictions, and an equestrian lifestyle. A residents only private horse trail entrance winds through a beautiful forest and connects directly to the back portion of Brooker Creek Preserve, providing approximately nine additional miles of scenic riding trails. WHAT MAKES THIS LAND SO SPECIAL? Five acres in North Pinellas offers something increasingly difficult to find: SPACE, PRIVACY and FLEXIBILITY. The acreage provides room for horses, livestock, gardens, beekeeping and other agricultural uses, subject to applicable county requirements. Depending upon the buyer’s intended use and qualification, bona fide agricultural use such as cattle or beekeeping may also provide an opportunity to apply for an agricultural classification, commonly referred to as Greenbelt. This is more than simply acreage. It is land that gives an owner OPTIONS for how they want to live and use their property. Property is currently marketed and priced as a NEW CONSTRUCTION opportunity. However, buyers also have the option to purchase the property with the EXISTING HOME, POOL, OUTDOOR COMMERICAL GRADE KITCHEN, dog kennels, and detached 900± sq. ft. AIR CONDITIONED BUILDING. ***Contact the listing agent for pricing and details, as pricing for the existing home option differs from the new construction offering.***
Facts & features
Interior
- Bedrooms
- 5
- Bathrooms
- 5
- Living area
- 5,189 sqft
- Heating
- Electric
- Cooling
- Central Air, Humidity Control, Zoned
- Flooring
- Ceramic Tile, Wood
- Fireplace
- Yes
- Stories
- 2
- Features
- Ceiling Fans(s), High Ceilings, Walk-In Closet(s)
- Appliances
- Built-In Oven, Dishwasher, Disposal, Exhaust Fan, Freezer, Range…
Exterior & lot
- Lot size
- 219,643 sqft (5.04 ac)
- Waterfront
- Yes
- Roof
- Shingle
- Construction
- Frame, Wood Siding
- Exterior
- Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Private Mailbox, Storage
Parking
- Garage
- 3 spaces
Financial
- Annual tax
- $14,998 (2025)
- Price / sqft
- $588/sqft
Utilities
- Water
- Well
- Sewer
- Septic Tank
- Utilities
- Cable Connected, Electricity Connected, Sprinkler Well
Property
- Property type
- Single Family
- Year built
- 2027
- Subdivision
- KEYSTONE RANCHETTES UNIT TWO
- County
- Pinellas
Assigned schools
- Elementary
- Brooker Creek Elementary-PN
- Middle
- Tarpon Springs Middle-PN
- High
- East Lake High-PN
Listing
- Status
- Active
- Days on market
- 208 days
- MLS #
- MFR779339662
- Source
- Stellar MLS
Listed by Jennifer Davida · FUTURE HOME REALTY INC
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
Based on 15 comparable sales within 1 mile of TARPON SPRINGS, FL, this home is priced in line with RENA ValiQ.
Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $15,422/mo
- Property tax
- $1,250/mo
- Home insurance
- $200/mo
Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own bill; insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Aug 12, 2026 | Price increased | $3,050,000 | +$1,100,000 |
| Jan 15, 2026 | Listed | $1,950,000 | — |
NeighbourhoodSample data
Reference scores for TARPON SPRINGS, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.