
655 APPALOOSA ROAD, TARPON SPRINGS, FL, 34688
Active203 days on marketListed Jan 15, 2026MLS #TB8464950
About this home
655 APPALOOSA ROAD
Pre-Construction. To be built. APPROVED LOT SPLIT. Purchase the entire 10.08-acre property or take advantage of the approved split into two approximately 5.04-acre parcels. Sale of individual parcels subject to issuance of new parcel IDs by Pinellas County. Rare opportunity offering flexibility for estate living, investment, or future development. As advertised, this is an exceptional opportunity to build a luxury custom home on a rare 10-acre true equestrian property located in North Pinellas. Minutes to the beach, golfing, and horse trails. A fully functional barn featuring multiple stalls and tack room already in place along with a fully stocked pond to fish from. This modern farmhouse model features a thoughtfully designed layout, boasting 24 ft. ceilings and an open concept design. The great room showcases a dramatic floor to ceiling tile fireplace surround, creating a stunning focal point. The first floor owner’s suite offers privacy from the rest of the home and includes an ensuite bath and his and hers walk in closets. Additional bedrooms are located on the second floor. In-law suite situated over the garage offers a bedroom, bathroom and living room/flex space leading out to a private covered balcony with weather resistant decking. The home includes a saltwater pool and spa with an outdoor kitchen and a three-car garage with side facing entry. The gorgeous kitchen features an oversized center island with quartz countertops, custom cabinetry, a walk in pantry, and a built in oven with cooktop. Building new offers the advantage of modern construction built to current building codes, including updated roof systems, aluminum hurricane impact windows, solid core interior doors throughout, and structural standards designed for durability and efficiency. Due to the ability to customize, the possibilities are endless. 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. 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. From this property, you can take your horse straight out of the barn and onto the trail. No trailer required. Simply saddle up and ride. Zoned R-A-W (RESIDENTIAL AGRICULTRAL WELLHEAD). Buyer to verify with Pinellas County Unincorporated Zoning. Up to 3 livestock animals per usable acre (uplands) and up to 10 fowl per acre, subject to county confirmation and all applicable regulations. Any commercial use would require Type 2 use and Board of Adjustment approval. Wetlands may allow passive animal access for walking or grazing (Buyer to verify). Property can be divided. Currently on site: Detached shed (approx. 900 sq ft), pastures and (1) paddock. (3) deep-water wells, (2) septic systems (2020). 500-gallon propane tank. Pricing for the individual 5.04-acre parcels is available upon request. Inquire for details.
Facts & features
The home at a glance
5
Bedrooms
4.5
Bathrooms
5,189
Sqft
10.09 ac
Lot size
3
Garage
2027
Year built
Two
Levels
$767
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$24,295 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
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
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$24,295/mo
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.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Tarpon Springs actives
$767 vs $244
Days on market
203 vs 46 typical
Where $767/sqft sits among the 266 Tarpon Springs actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Keystone Ranchettes
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Tarpon Springs. See the full Tarpon Springs guide →
Keystone Ranchettes — neighborhood snapshot
Population
630
Median age
46
Median income
$120,926
Median home value
$462,294
Avg household
3
Households w/ children
94%
For the school run
Pinellas County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Tarpon Springs market
$433K → $428K
Tarpon Springs median sold, yr/yr
95.9%
Sale-to-list ratio (12 mo)
147 of 266
Tarpon Springs actives have cut their price
Median sold price, Tarpon Springs, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 776% above the TARPON SPRINGS 34688 median. See the full Tarpon Springs market guide →
Paper trail
This home's history
Reality check
What actually sold near 655 APPALOOSA ROAD
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$1,500,000
3452 FORELOCK ROAD · same community
4 bd · 4 ba · 4,292 sqft · $349/sqft · 144 DOM
Sold · Nov ’25$975,000
495 APPALOOSA ROAD · same community
3 bd · 2 ba · 2,176 sqft · $448/sqft · 133 DOM
Sold · Jun ’26$2,795,400
144 KEYSTONE PALMS BOULEVARD
4 bd · 4 ba · 4,928 sqft · $567/sqft · 0 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.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 655 APPALOOSA ROAD — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 655 APPALOOSA ROAD — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
655 APPALOOSA ROAD FAQs
What would the monthly payment be for 655 APPALOOSA ROAD?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $24,295/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 655 APPALOOSA ROAD?+
The most recent tax bill on record (2025) was $14,000. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 655 APPALOOSA ROAD?+
The listing reports pets: Cats OK, Dogs OK, Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Tarpon Springs?+
At $3,980,000, this home is listed about 815% above the Tarpon Springs median of $434,900. The market section on this page shows how the area is trending.
Which schools are assigned to 655 APPALOOSA ROAD?+
Brooker Creek Elementary School (elementary), East Lake High School (high), Tarpon Springs Middle School (middle) — Pinellas 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
$3,980,000 runs 776% above the TARPON SPRINGS 34688 median — but at 5,189 sqft it's also nearly 3 times the size of the typical Tarpon Springs listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
203 days on market against a Tarpon Springs median of 46 — sellers in this position are usually ready to negotiate.
04Strong assigned schools
Brooker Creek Elementary School, East Lake High School, Tarpon Springs Middle School — Brooker Creek Elementary School rates 5 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of FUTURE HOME REALTY INC · Jennifer Davida. MLS #TB8464950.
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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