35123 COLONY HILLS DRIVE, ZEPHYRHILLS, FL, 33541
Active80 days on marketListed May 20, 2026MLS #TB8510220
About this home
35123 COLONY HILLS DRIVE
Welcome to Colony Hills, a vibrant 55+ community where you own the land — no lot rent! Whether you are searching for a winter retreat from the cold north or a full-time Florida residence, this home offers space, versatility, and comfort. The front of the home features a covered carport along with a covered open porch, perfect for relaxing outdoors or entertaining guests. Entering from the carport, you are welcomed into a spacious 22’ x 11.75’ bonus room complete with ceramic tile flooring, glass windows and AC, offering endless possibilities like a family room, game room, craft studio, Florida room, or hobby space. This area leads to the laundry room and an additional storage room for added convenience. Inside the home, the dining room is open to the kitchen and features beautiful wood flooring along with built-in cabinetry to display your favorite dishes and collectibles. The kitchen offers ample cabinetry, abundant counter space, a breakfast bar, nice appliances, and wood flooring. Flowing from the dining room is the spacious living room, approximately 15’ x 13’, with a slider leading to an additional 13’ x 10’ flex room with AC & ceramic tile flooring ideal for a den, exercise room, office, or hobby area. The primary bedroom is located at the back of the home and has a large closet which includes an en-suite bathroom with shower, and linen closet. The second bedroom offers ample closet space and is conveniently located near the hall bathroom with tub/shower combination. In the back of the home is concrete patio ideal for grilling. Enjoy all the amenities Colony Hills has to offer, including a large clubhouse, community pool, tennis courts, shuffleboard, and a variety of community activities and social events. Schedule your private tour today.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,324
Sqft
0.1 ac
Lot size
1986
Year built
One
Levels
$106
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 and the real association fee — not generic estimates.
$1,168 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
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
Estimated payment
$1,168/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. 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.
vs edgeAI estimate
−10.3%
$/sqft vs COLONY HILLS COMMUNITY
$106 vs $142
Days on market
80 vs 48 typical
Where $106/sqft sits among the 10 homes for sale in COLONY HILLS COMMUNITY
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 Colony Hills Community
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Zephyrhills. See the full Zephyrhills guide →
Colony Hills Community — neighborhood snapshot
Population
825
Median age
62
Median income
$49,554
Median home value
$110,500
Avg household
2
Households w/ children
46%
For the school run
Pasco County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Zephyrhills market
$331K → $340K
Zephyrhills median sold, yr/yr
97.3%
Sale-to-list ratio (12 mo)
5 of 10
COLONY HILLS COMMUNITY have cut their price
Median sold price, Zephyrhills, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 58% below the ZEPHYRHILLS 33541 median. See the full Zephyrhills market guide →
Paper trail
This home's history
Reality check
What actually sold near 35123 COLONY HILLS DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Nov ’25$169,900
35139 WAGNER WAY · same community
2 bd · 2 ba · 1,320 sqft · $129/sqft · 8 DOM
Sold · Feb ’26$167,000
35021 MCCULLOUGHS LEAP · same community
3 bd · 2 ba · 1,352 sqft · $124/sqft · 124 DOM
Sold · Aug ’26$145,000
3822 DAMIAN DRIVE · same community
2 bd · 2 ba · 1,248 sqft · $116/sqft · 231 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 35123 COLONY HILLS DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 35123 COLONY HILLS DRIVE — 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
35123 COLONY HILLS DRIVE FAQs
What would the monthly payment be for 35123 COLONY HILLS DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,168/mo — principal and interest, the actual property-tax bill, the $60/mo association fee 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.
How much are the HOA fees at 35123 COLONY HILLS DRIVE?+
The association fee works out to $60 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 35123 COLONY HILLS DRIVE?+
The most recent tax bill on record (2025) was $755. 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 35123 COLONY HILLS DRIVE?+
The listing reports pets: 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 Zephyrhills?+
At $139,900, this home is listed about 57% below the Zephyrhills median of $324,495. The market section on this page shows how the area is trending.
Which schools are assigned to 35123 COLONY HILLS DRIVE?+
Chester W. Taylor Junior Elementary School (elementary), Raymond B. Stewart Middle School (middle), Zephyrhills High School (high) — Pasco County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of CENTURY 21 BILL NYE REALTY · Michael Hines. MLS #TB8510220.
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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