CENTURY 21 Edge
$2,499,000$3,000,000$14,777 /mo all-in ↓

8738 LINDY LANE, NEW PORT RICHEY, FL, 34655

Active1304 days on marketListed Jan 20, 2023MLS #W7851874

Reduced $501KPORT RICHEY LAND CO

About this home

8738 LINDY LANE

PRIME 14.1-ACRE DEVELOPMENT OPPORTUNITY ADJACENT TO NEW PORT CORNERS IN NEW PORT RICHEY, PASCO COUNTY, FLORIDA. A rare opportunity to acquire a substantial infill development parcel positioned directly adjacent to Lennar’s New Port Corners community. Recent development activity has brought newly constructed roads and sewer infrastructure up to and adjacent to the property, significantly changing the development context and potential of this residential development opportunity. Located at 8738 Lindy Lane, this approximately 14.1-acre property is in the rapidly growing New Port Richey/Trinity area of Pasco County. The combination of substantial acreage, river frontage, proximity to new residential development, and adjacent infrastructure creates an opportunity for builders, developers, investors, and land-banking groups seeking property in one of Tampa Bay’s expanding residential corridors. Potential development concepts may include single-family residential, townhomes, multifamily, build-to-rent, or other residential development strategies, subject to zoning, land-use approvals, environmental review, engineering, utility capacity, and governmental approvals. Buyers are encouraged to perform independent due diligence regarding density, entitlements, floodplain, wetlands, utilities, access, and development feasibility. The property’s location next to active new construction offers a significant advantage over isolated raw land. New roads and sewer infrastructure have recently been constructed up to and adjacent to the site as part of surrounding development activity. The parcel’s size and configuration provide flexibility for a range of potential site-planning concepts while the river frontage offers the possibility of creating a distinctive residential community with water views, natural areas, trails, kayak access, or other amenities, subject to applicable approvals. An additional approximately one-acre parcel located across the river may also be available for inclusion or separate negotiation, potentially offering additional options for recreation, conservation, amenities, or other strategic uses. Conveniently located near Trinity, New Port Richey, State Road 54, US Highway 19, shopping, restaurants, healthcare, schools, and employment centers, with access to the greater Tampa Bay market. This is a unique opportunity for a residential developer, homebuilder, multifamily developer, townhome developer, build-to-rent operator, or land investor to secure a sizable infill development site adjacent to major new residential construction and recently extended infrastructure. PROPERTY HIGHLIGHTS: Approximately 14.1 acres; nearly 1,000 feet of river frontage; adjacent to the New Port Corners development; newly constructed road infrastructure adjacent to the property; sewer infrastructure extended to the immediate area; potential for multiple residential development concepts subject to approvals; optional additional approximately one-acre parcel across the river; strong New Port Richey/Trinity/Pasco County growth corridor location. Seller and listing broker make no representations regarding allowable density, development approvals, utility capacity, wetlands, floodplain impacts, or suitability for any specific use. All proposed uses are subject to buyer due diligence and applicable governmental approvals.

Facts & features

The home at a glance

14.1 ac

Lot size

Inside

Outside & construction

Community & fees

Taxes (2021)$2,346/yr

Utilities & systems

UtilitiesOther
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$14,777 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$13,484
PMI (est., until 20% equity)$937
Property tax — 2021 actual bill$195
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $249,900Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $249,900
Interest rate6.00%
Loan term

Estimated payment

$14,777/mo

Principal & interest$13,484
PMI (est., until 20% equity)$937
Property taxes (actual bill)$195
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Where it sits

Inside New Port Richey

Map of 8738 LINDY LANE

Drive times from this address

Tampa Int’l Airport (TPA)43 min
Downtown Tampa46 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know New Port Richey. See the full New Port Richey guide →

NEW PORT RICHEY 34655 — neighborhood snapshot

Population

47,696

Median age

45.7

Median income

$85,107

Median home value

$353,000

Avg household

2.53

Households w/ children

5,515

For the school run

Pasco County School District

ElementaryTrinity Oaks Elementary School★★★★★
MiddleSeven Springs Middle School★★★★
HighJames W. Mitchell High School★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The New Port Richey market

Seller’s marketBalanced5.0 months of inventoryBuyer’s market

$280K$270K

New Port Richey median sold, yr/yr

96.3%

Sale-to-list ratio (12 mo)

Median sold price, New Port Richey, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 681% above the NEW PORT RICHEY 34655 median. See the full New Port Richey market guide →

Paper trail

This home's history

CurrentPrice reduced to $2,499,000 $501K
Jan 20, 2023Listed at $3,000,000 · 1304 days on market since

Reality check

What actually sold near 8738 LINDY LANE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

8145 CAMPBELL COURTSold · Mar ’26

$67,000

8145 CAMPBELL COURT · same community

1 bd · 1 ba · 540 sqft · $124/sqft · 41 DOM

7309 BLUE LAKE DRIVESold · Feb ’26

$115,000

7309 BLUE LAKE DRIVE · same community

2 bd · 2 ba · 960 sqft · $120/sqft · 160 DOM

5621 ANTELOPE LANESold · Jun ’26

$348,000

5621 ANTELOPE LANE · same community

3 bd · 2 ba · 1,708 sqft · $204/sqft · 22 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Moe Thouk Oo

Your agent

Moe Thouk Oo

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 8738 LINDY LANE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 8738 LINDY LANE — before you fall in love.

See it in person

Schedule a tour

Live availability from Moe's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

8738 LINDY LANE FAQs

What would the monthly payment be for 8738 LINDY LANE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $14,777/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 8738 LINDY LANE?+

The most recent tax bill on record (2021) was $2,346. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in New Port Richey?+

At $2,499,000, this home is listed about 780% above the New Port Richey median of $284,000. The market section on this page shows how the area is trending.

Which schools are assigned to 8738 LINDY LANE?+

Trinity Oaks Elementary School (elementary), Seven Springs Middle School (middle), James W. Mitchell High School (high) — Pasco County School District. Always verify school assignments with the district before relying on them.

The brief

Four things that matter here

01Positioned at the premium end

$2,499,000 runs 681% above the NEW PORT RICHEY 34655 median.

02Time on market is leverage

1304 days on market against a New Port Richey median of 52 — sellers in this position are usually ready to negotiate.

03Strong assigned schools

Trinity Oaks Elementary School, Seven Springs Middle School, James W. Mitchell High School — Seven Springs Middle School rates 4 of 5. Always verify assignments with the district.

04The price has already moved

Listed at $3,000,000, now $2,499,000 — a $501K cut. The full history is in the market section below.

Listing courtesy of RE/MAX CHAMPIONS · Patricia Bly, LLC. MLS #W7851874.

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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