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Homes for sale · New Port Richey, FloridaWaters Edge

Gated lakeside living in New Port Richey

19

Homes for sale

$449,900

Median list price

$181

Avg price / sqft

82

Median days on market

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Waters Edge is a gated community in New Port Richey built around lakes and conservation, where the pace is quiet and the layout is intentional — sidewalks, water views and a mix of single-family homes that suit families and remote workers alike. Most of the 20 active listings sit behind a gate, and a handful back up to water, which is the draw for buyers who want privacy without leaving the convenience of Pasco County. It's an easy counterpoint to the older, denser pockets of New Port Richey homes for sale, and it reads newer and more uniform than nearby neighborhoods like Flor-a-mar or Beacon Woods Village.

For a buyer today, the market here is steady rather than frantic. The median list price is $429,950 and homes that sold over the past year closed at a median of $462,000, with sellers getting about 98% of asking — so pricing matters, and well-priced homes move. With a median of roughly 70 days on market, you have room to negotiate and inspect, which is a different rhythm than the faster-moving stretches around Moon Lake Estates.

Waters Edge is a community in New Port Richey, Florida.

Quick facts

$248,000 – $798K price range

2,259 sqft median home

$172/mo median HOA

$1,950/mo median rent

33 sold in 12 months

Drive times

Tampa Int’l Airport (TPA)≈ 37 min
Downtown Tampa≈ 46 min

Living in Waters Edge

Waters Edge is a gated community in New Port Richey, part of Pasco County on Florida's Gulf-side suburban corridor north of Tampa. It was planned around lakes and conservation land, which gives it a quieter, more deliberate feel than some of the older street-grid neighborhoods nearby. The homes are predominantly single-family, the streets have sidewalks, and the overall impression is of a newer, well-ordered suburb rather than a historic downtown.

The community suits families, remote workers and anyone who values privacy and a sense of enclosure — 16 of the 20 current listings sit within gated sections. Water views are a recurring theme, and a handful of homes back directly onto water, which is part of the appeal for buyers who want a lakeside feel without a coastal price tag.

If your priorities are walkability to shops and restaurants or an urban nightlife, this isn't that; it's a car-oriented, residential setting. But for buyers who want space, quiet and a gated address within reach of Tampa, Waters Edge delivers a consistent product.

Neighborhoods and communities in Waters Edge

Waters Edge itself reads as a cohesive gated community, but it sits among several distinct New Port Richey neighborhoods worth comparing. Flor-a-mar leans toward the waterfront and canal-oriented lifestyle, offering a different character for buyers focused on direct water access. Beacon Woods Village is an established, amenity-rich community that appeals to buyers wanting a settled, mature neighborhood.

Further afield, Moon Lake Estates offers a more rural, larger-lot feel for those who want room to spread out, while Heritage Lake is another option for buyers weighing community amenities against price. Southeast New Port Richey rounds out the set of nearby areas, giving buyers a spectrum of price points and styles.

Weighing these against Waters Edge comes down to what you value: the gated uniformity and water views here, versus the waterfront access, maturity or lot sizes elsewhere. Touring two or three of these neighborhoods in a day is the fastest way to understand the trade-offs in person.

Homes for sale in Waters Edge: prices and housing

The current market shows 20 active listings with a median list price of $429,950, ranging from $248,000 at the entry level up to $798,000 at the top. Pricing works out to roughly $180 per square foot, and the median home is about 2,158 square feet — larger floor plans than many surrounding New Port Richey options. Over the past 12 months, 33 homes sold at a median price of $462,000, with sellers receiving about 98% of their asking price.

The housing mix is weighted toward gated single-family homes: 16 of the active listings are in gated sections, six include a pool, and four are waterfront. There are currently no golf-course homes, no 55+ listings, no homes above $1 million and no new construction on the market, so this is largely an established resale community. The median days on market is about 70, which gives buyers a reasonable window to negotiate and inspect.

On carrying costs, the median HOA is roughly $172 per month and median property tax is around $4,683 per year. Both figures vary by home and section, so confirm the exact numbers for any property. Median rent in the area runs about $1,950 per month, a useful benchmark for investors or buyers weighing rent-versus-buy.

Schools in Waters Edge

The most commonly assigned schools for this community are Cypress Elementary School, River Ridge Middle School and River Ridge High School, with Moore-Mickens Education Center also serving the area. These are the schools that show up most often for Waters Edge addresses, though assignments depend on your specific street.

Pasco County school boundaries can shift from year to year, so the single most reliable step is to verify the current zone directly with the Pasco County school district for the exact address you're considering. Don't rely on a listing's school claims alone — confirm it before you write an offer.

Families should also consider commute times to each campus and any magnet, charter or private options in the broader New Port Richey area, since those sit outside standard zoning and can broaden your choices.

Getting around Waters Edge

Waters Edge is a car-dependent community, as most of suburban Pasco County is. Everyday errands, school runs and work commutes will involve driving, so factor in a vehicle for each working adult in the household.

For regional access, Tampa International Airport is roughly 37 minutes away and downtown Tampa about 46 minutes, which makes the community viable for commuters willing to drive and for anyone who travels frequently. Those drive times put the Tampa Bay job market and amenities within practical reach while keeping you in a quieter residential setting.

The usual Gulf-coast corridor routes connect New Port Richey to the wider region, and traffic patterns will shape your real-world commute depending on timing. Test-drive your likely routes at rush hour before committing to understand what your daily experience will feel like.

Is Waters Edge a good place to live?

For the right buyer, Waters Edge is a strong fit: a gated, water-oriented community with larger-than-average homes, a steady market and reasonable access to Tampa. The quiet, planned character suits families and remote workers who want privacy and space, and the roughly 98% sold-to-list ratio signals a healthy but not overheated market.

The trade-offs are honest ones. It's suburban and car-dependent, there's currently no new construction or 55+ inventory, and HOA fees of about $172 a month plus roughly $4,683 in annual property tax add to your carrying costs. Buyers who want walkable downtowns, direct coastal access or brand-new builds may prefer other New Port Richey neighborhoods.

With a median around $462,000 on recent sales and a median of about 70 days on market, you have both choice and negotiating room here. Tour a few of the nearby communities to confirm the gated, lakeside character of Waters Edge is what you want before you commit.

On the market now

Homes for sale in Waters Edge

View all 19 →

Every active listing inside the Waters Edge boundary

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Find your fit

Browse Waters Edge

Where the market lives

5
3
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$200K–$300K$300K–$400K$400K–$500K$500K–$750K$750K–$1.0M

The numbers that matter

The Waters Edge market

33

Sold, last 12 months

$462,000

Median sold price

98%

Sale-to-list ratio

What sellers actually get vs asking

36 days

Median time to sell

Waters Edge vs New Port Richey

Median list price

Waters Edge$450K
New Port Richey Co.$280K

Price per sqft

Waters Edge$181
New Port Richey Co.$211

Days on market

Waters Edge82d
New Port Richey Co.66d

Live Stellar MLS data — every listing and closed sale inside the Waters Edge boundary. Rolling medians smooth single-month swings in small communities.

For the school run

Schools Waters Edge is zoned for

Attendance boundaries overlapping this community — always verify zoning with the district.

What it really costs

Owning here

Owning the median Waters Edge home

≈ $3,170/mo

Principal & interest $2,370
Property tax $418
HOA / fees $172
Insurance (est.) $210

$449,900 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.

$172/mo

Median HOA

From current listings inside the boundary

$1,950/mo

Median rent

Homes for rent inside the boundary

Population

2,491

Median age

42

Median income

$97,864

Median home value

$378,850

Beyond the listings

Living in Waters Edge

Lifestyles

Top 14% in the U.S.

Wealth Signaling

Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.

Emotional

Top 17% in the U.S.

Awestruck

Great things are meant to be shared, and this population is eager to show others what they find to be amazing, beautiful and exciting.

Food & Drink

Top 17% in the U.S.

Ingredient Attentive

These folks are conscious about what they eat. They're looking for ingredients that not only taste great, but also have great nutritional benefits.

Food & Drink

Top 19% in the U.S.

Wine Lovers

It's all about the grape. This population enjoys a trip to the vineyard to learn about wine and sharing a good bottle with friends and family.

Relationships

Top 20% in the U.S.

My Crew

Family, and friends who are like family - that's what this population is all about. These people love celebrating and nurturing their closest relationships.

Culture

Top 20% in the U.S.

Sites to See

This population finds the most beautiful sites just by looking up. Sunrise, sunset or sometime in between, these people love to marvel at man-made and natural wonders.

Straight answers

Waters Edge FAQs

Is Waters Edge a good place to live?+

It suits buyers who want a gated, water-oriented community with newer, more uniform homes than the older parts of New Port Richey. The pace is quiet and family-friendly, and 16 of the 20 current listings are inside gated sections. If you prefer walkable downtowns or dense urban living, you'll find this more suburban.

Is Waters Edge expensive?+

It sits in the mid-range for the area, with a median list price of $429,950 and listings spanning $248,000 to $798,000. The median home closed at $462,000 over the past year, so there's a genuine spread depending on size, water frontage and condition. Compared with the broader New Port Richey homes for sale, it reads as a step up in price and newness.

What do homes cost in Waters Edge?+

Expect a median list price around $429,950 and roughly $180 per square foot, with a typical home near 2,158 square feet. The active range runs from $248,000 up to $798,000, so both entry-level buyers and those wanting a larger waterfront home have options.

How is the market right now?+

It's steady and balanced. Thirty-three homes sold over the past 12 months, sellers are getting about 98% of asking, and the median days on market is about 70. That combination means well-priced homes sell, but buyers have time to do their due diligence.

What are the HOA fees and property taxes?+

The median HOA runs about $172 per month, which is typical for a gated community with shared common areas. Median property tax is around $4,683 per year. Always confirm the exact figures for a specific home, since assessments and fees vary by section and lot.

What schools serve Waters Edge?+

The most commonly assigned schools are Cypress Elementary School, River Ridge Middle School and River Ridge High School, with Moore-Mickens Education Center also in the mix. School zones can change, so verify the current assignment with the Pasco County school district for any address you're considering.

How is the commute from Waters Edge?+

Tampa International Airport is about 37 minutes away and downtown Tampa roughly 46 minutes, making it workable for commuters willing to drive. It's a car-dependent community, so plan on driving for work, shopping and school runs.

Is there new construction in Waters Edge?+

There are currently no new-construction homes among the 20 active listings, and no 55+ or golf-specific inventory either. Buyers looking for brand-new builds may want to also explore surrounding communities like Heritage Lake, while most Waters Edge homes are established resale properties.

Keep exploring

More New Port Richey neighborhoods

Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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