$3,980,000
655 Appaloosa Road
Tarpon Springs, FL 34688
Listing updated: June 23, 2026 at 5:32 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
Pre-Construction. To be built. Approved lot split in place! 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.
Local Insight
At nearly $4M for a 2027 build on 10 acres in Keystone Ranchettes, you're paying a premium for privacy and land rather than cutting-edge finishes—check whether the construction quality and materials justify the price point relative to similar newer homes in the area, since acreage alone inflates the per-square-foot math. The X flood zone designation is a genuine advantage here (no mandatory flood insurance), which could save you thousands annually compared to waterfront properties in higher-risk zones, though you'll want to verify the actual elevation and drainage on those 10 acres during heavy rains. With no HOA and legitimate water access, this feels built for someone prioritizing seclusion and self-sufficiency, but the trade-off is distance from Tarpon Springs' walkable core—it's rural enough that you're car-dependent for daily life despite the premium price.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history159 days on market
- Status: ActiveJan 15, 2026
- Listed$1,950,000Jan 15, 2026
- Price increased$3,980,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 159
- Subdivision
- Keystone Ranchettes Unit Two
- County
- Pinellas
- Year built
- 2027
- Living area
- 5,189 sq ft
- Price/sq ft
- $767
- Building area
- 8,484 sq ft (Builder)
- Lot size
- 439,551 sq ft
- Lot category
- 10 to less than 20
- Flood zone
- X
- Garage
- 3 spaces
- Pool
- Private pool
- Annual taxes
- $14,000 (2025)
- Parcel #
- 14-27-16-46612-000-0200
- Zoning
- R-A-W
- MLS #
- TB8464950
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Interior Details
- Bedrooms
- 5
- Full bathrooms
- 4
- Half bathrooms
- 1
- Flooring
- Ceramic Tile, Wood
- Appliances
- Built-In Oven, Dishwasher, Disposal, Exhaust Fan, Freezer, Range, Range Hood, Refrigerator, Tankless Water Heater
- Interior features
- Ceiling Fans(s), High Ceilings, Walk-In Closet(s)
- Laundry
- Inside, Laundry Room
- Stories / Levels
- Two
- Direction faces
- West
- Fireplace
- Yes
- New construction
- Yes
- In-law suite
- Yes
Heating & Cooling
- Heating
- Electric
- Cooling
- Central Air, Humidity Control, Zoned
Parking
- Garage spaces
- 3
- Attached garage
- Yes
- Parking features
- Driveway, Garage Door Opener, Garage Faces Side
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
- Additional lease restrictions
- Buyer to verify with the city/county/state regarding any questions related to renting and/or leasing.
Exterior & Construction
- Exterior features
- Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Private Mailbox, Storage
- Construction materials
- Frame, Wood Siding
- Roof
- Shingle
- Foundation
- Slab
- Pool
- Private pool
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Asphalt
Utilities
- Sewer
- Septic Tank
- Water source
- Well
- Utilities
- Cable Connected, Electricity Connected, Sprinkler Well
Community
- Pets allowed
- Cats OK, Dogs OK, Yes
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bathroom | First | 12x16 |
| Primary Bedroom | Basement | 15.5x18 |
| Bathroom 1 | First | 10.5x6 |
| Dining Room | First | 20x16 |
| Great Room | First | 26x23 |
| Kitchen | First | 11x23 |
| Loft | Second | 18x24 |
| Bedroom 2 | Second | 12.5x15 |
| Bathroom 2 | Second | 8x11 |
| Bedroom 3 | Second | 11.5x16.5 |
| Bathroom 3 | Second | 12x6.5 |
| Bedroom 4 | Second | 15x11.5 |
| Bathroom 4 | Second | 6x9 |
| Bedroom 5 | Second | 23x15 |
| Garage Apartment | Second | 27x31 |
Listing Details
- Listing date
- 2026-01-15
- On market date
- 2026-01-15
- Original list price
- $1,950,000
- Occupant type
- Vacant
- MLS area
- 34688 - Tarpon Springs
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-01-15
- Tax legal description
- KEYSTONE RANCHETTES UNIT TWO LOT 20
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Driving from McMullen Booth/East Lake go East on Tarpon Springs Blvd, make right on Appaloosa Rd, the property is on the left.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
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.
Based on information submitted to the MLS GRID as of June 23, 2026 at 5:32 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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