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Overview

5 bd3 ba2,840 sqft2 car garageSingle Family
TypeSingle Family
HOA$125/mo
Built2004
Lot23,658 sqft
Living area2,840 sqft
Price / sqft$208
Garage2 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Cathedral Ceiling(s)Ceiling Fans(s)High CeilingsOpen FloorplanSolid Wood CabinetsStone CountersFire PitPrivate Yard

21111 Preservation Dr is a 2004-built home in Preserve At Lake Thomas 02, Land O Lakes. Inside you'll find 5 bedrooms, 3 bathrooms, and 2,840 square feet of living space. Listed at $589,900 (about $208/sqft), 51 days on market. Flood zone X500* - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $125 monthly.

From the listing

Welcome to The Preserve at Lake Thomas, where privacy, space, and waterfront living come together on an exceptionally oversized lot of more than half an acre. Set behind the private gates of this desirable community, this impressive five-bedroom, three-bath home offers nearly 3,000 square feet of living space, a new roof, new A/C, a three-car garage, and an unbelievable amount of parking—ideal for hosting family, friends, and large gatherings. Inside, soaring ceilings, vinyl flooring, and a beautiful spindle staircase create an inviting first impression. The main level features a formal dining room, dedicated office, and spacious family room overlooking the backyard and water. The kitchen is designed for everyday living and entertaining, with granite countertops, stainless-steel appliances, abundant cabinetry with pull-out shelving, breakfast-bar seating, and a casual dining area. An adjoining laundry room provides additional cabinetry, storage, and a utility sink. The first-floor primary suite offers water views, a tray ceiling, a walk-in closet, and a spacious en-suite bath with dual vanities, a makeup counter, garden tub, and separate shower. A second bedroom and full guest bath are also conveniently located on the main level. Upstairs, you’ll find three additional bedrooms, another full bath, and a generous loft ideal for a media room, playroom, home gym, or additional living space. Outside, the expansive, fully fenced backyard provides plenty of room for family and pets to play. A large, newly custom-tiled patio, gazebo, and custom firepit create an exceptional setting for outdoor dining, entertaining, and relaxing by the water, with potential space to add a large pool. Enjoy peaceful waterfront views and fishing from the shoreline in your own backyard. The community also features a private nature park, walking trail, and boardwalk along Lake Thomas. Located in Flood Zone X, outside the designated high-risk flood zone, with convenient access to major roadways, shopping, dining, hospitals, and nearby elementary, middle, and high schools. The kitchen refrigerator does not convey; the garage refrigerator is included. Back on the market due to previous buyer's financing falling through.

The essentials

Built
2004
Price / sqft
$208
On market
51 days
Annual tax
$7,756
HOA
$125/mo
Flood zone
X500* · Low risk
Lot
23,658 sqft
Type
Single Family Residence

At a glance

Single family
Built 2004
Water views
Water
2 car garage
0.54 acres
Lot size
2,840 sqft
Living area

Payment

Est. monthly payment
$4,143/mo
Down payment (20%)
$117,980
Property taxes
$646/mo
HOA
$125/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
2004
Lot
23,658 sqft
Cooling
Central Air
Heating
Central
Parking
-
Days on Market
51
Cathedral Ceiling(s)
Ceiling Fans(s)
High Ceilings
Open Floorplan
Solid Wood Cabinets
Stone Counters
Fire Pit
Private Yard
Storage
Park
Sidewalks
Range
Range Hood
Refrigerator
Homestead exemption on file Flood Zone X500*
Annual Tax (2025)
$7,756
Parcel #
12-26-18-0080-00000-0010

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Preserve At Lake Thomas 02
County
Pasco
MLS Area
34638 - Land O Lakes
Lot Size
23,658 sqft
LandscapedOversized LotPaved
HOA
$125/mo
Wise Property Management

Price history

Date
Event
Price
10/9/2026
Price change
Source: Stellar MLS #W7888771
$589,900-0.8%
$208/sqft
-
Price change
Source: Stellar MLS #W7888771
$594,900-2.3%
$209/sqft
8/21/2026
Listed for sale
Source: Stellar MLS #W7888771
$609,000+21.8%
$214/sqft
9/17/2021
Sold
Source: Pasco County Public Record
$500,000
$176/sqft

Neighborhood

21111 Preservation Dr
Land O Lakes, FL, 34638 · 34638 - Land O Lakes

Market insights

Offer Insights

Choose an offer strength

List price: $589,900
$585,000 – $589,900
99.5% – 100% of listTops out right at the list price
80% of listList price
194 of the last 336 home closings in 34638 landed at this number or higher (58%). The median one sat 43 days before it went under contract, and this one is on day 51 after a $19,100 cut.

Sample: 336 closed home sales in 34638 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$4,143/mo
Principal & interest$3,077
Property taxes$646
Insurance$295
HOA$125
Down payment20% · $117,980
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA is the fee reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$589,900

$208 per sq ft

Beds and baths

5 beds, 3 baths

Size

2,840 sq ft

Time on market

51 days

Year built

2004

Monthly payment

About $4,143/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $7,756 annual tax bill, insurance, and the $125/mo HOA fee.

HOA fee

$125/mo

Managed by Wise Property Management.

Flood zone

Zone X500*

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

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Brokered byREALNET FLORIDA REAL ESTATEListing agent: Tony MillekListing data from Stellar MLS, MLS# W7888771.

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