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Active · Single Family

8529 KENTON ROAD

WESLEY CHAPEL, FL 33545

Beds
5 beds
Baths
4 baths
Area
2,788 sqft
Single FamilyBuilt 2005432,986 sqft lotCentral, ElectricCentral Air$538/sqft924 days on market

About this home

Welcome to a developer's paradise, where the canvas of opportunity unfolds on a sprawling 10-acre plot in the heart of the flourishing Connected City of Wesley Chapel. This prime real estate isn't just land; it's a golden ticket to unlock the potential of townhouse/mixed use project excellence. The stage is set – the spotlight is on you! Potentially we can assemble 65 acres for a larger SFR/townhome/mixed use development. Strategically positioned near Epperson Ranch, Mirada, and Watergrass, this gem is a strategic cornerstone for visionary developers. The imminent development of King Lake across the street, featuring a fusion of 525 homes and over 100,000 sq.ft. of offices, sets the stage for a lucrative venture. Your project here isn't just a development; it's a strategic investment in the heartbeat of progress. Connectivity is key, and this location boasts easy access to the Interstate 75 ramp at Overpass Road, laying the groundwork for a seamless lifestyle for future townhouse residents. The nearby county recreation center adds a touch of recreational charm, enhancing the overall appeal of your future project. Less than a mile from the new, 56-bed Johns Hopkins All Children's hospital that broke ground and is expected to open in 2027. The home is going to be demolished for a cell phone tower near the entrance, across from the planned intersection on Kenton Road. The versatile pole barn on the property is a blank canvas, ready to be reimagined as a communal space, storage facility, or any other amenity that adds value to your townhouse project. With the freedom to sculpt this space to your specifications, the potential is boundless. The standout feature lies in the incredible potential for rezoning for a SFR/townhome/mixed use project. This isn't just a parcel of land; it's a strategic move that aligns with the vision of forward-thinking developers. The investment potential is unparalleled, making this opportunity a cornerstone for success in the townhouse development arena. Approximately 4.23 acres are uplands, providing a secure foundation for your project. The imminent widening and paving of the road down to Elam Road by other area developers with Pasco County adding new water lines, waste water and reclaimed water, enhances accessibility, a crucial factor in the success of any townhouse project. In conclusion, this isn't just a property; it's a canvas awaiting the masterful strokes of a townhouse developer. The Connected City deploys innovation in every aspect of the community through technology like ULTRAFi gigabit internet and beckons to add this opportunity to shape its future. Welcome to a realm where every detail is a brushstroke in the masterpiece of your next successful townhouse project. The stage is set – the spotlight is on you! 65 acres are potentially available for a larger townhome/mixed use development. Survey and wetland engineer map available for the parcels. Buyers/Buyers agents are not to rely upon any usable or density estimates from listing agent or seller-utilize your own land consultant and/or engineer.

Facts & features

Interior

Bedrooms
5
Bathrooms
4
Living area
2,788 sqft
Heating
Central, Electric
Cooling
Central Air
Flooring
Ceramic Tile, Wood
Stories
2
Features
Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Walk-In Closet(s)
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Exterior & lot

Lot size
432,986 sqft (9.94 ac)
Roof
Shingle
Construction
Vinyl Siding
Exterior
Rain Gutters, Sliding Doors

Parking

Carport
2 spaces

Financial

Annual tax
$4,456 (2023)
Price / sqft
$538/sqft

Utilities

Water
Well
Sewer
Septic Tank
Utilities
Cable Available, Electricity Connected, Fiber Optics, Propane

Property

Property type
Single Family
Year built
2005
Subdivision
CONNECTED CITY AREA
County
Pasco

Assigned schools

Elementary
Wesley Chapel Elementary-PO
Middle
Thomas E Weightman Middle-PO
High
Wesley Chapel High-PO

Listing

Status
Active
Days on market
438 days
MLS #
MFR714072506
Source
Stellar MLS

Listed by Mark Cravens · FIRST QUALITY PROPERTIES

Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.

RRENA ValiQRENA ValiQ is an estimated value, blended from public sale comps, neighbourhood trend and this listing’s own metrics. It is a reference, not a guaranteed or asking price. The final number moves on diligence, terms and timing.Estimate

Sample estimate — not an appraisal

$1.58M
+5.5% vs asking
$1.49M low$1.67M high

Based on 26 comparable sales within 3 miles of WESLEY CHAPEL, FL, this home is priced under 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
Estimated monthly payment$7,956/mo
Principal & interest
$7,585/mo
Property tax
$371/mo
Home insurance
$0/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.

DateEventPriceChange
Feb 5, 2024Listed$1,500,000

NeighbourhoodSample data

Reference scores for WESLEY CHAPEL, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.

Walk Score
86/ 100
Very walkable
Transit Score
44/ 100
Some transit
Bike Score
37/ 100
Somewhat bikeable
Elementary school
Wesley Chapel Elementary-PO
Assigned school from the MLS record
Middle school
Thomas E Weightman Middle-PO
Assigned school from the MLS record
High school
Wesley Chapel High-PO
Assigned school from the MLS record

Location

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