Active
$2,000,000
Est. $11,897/mo

30737 Elam Rd, Wesley Chapel, FL, 33545

$866/sqft·Metes And Bounds King Lake Area

3 bd2 ba2,309 sqftSingle Family
Listed by FIRST QUALITY PROPERTIES· Last updated · MLS# T3548223

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Est. monthly payment
$11,897/mo
Down payment (20%)
$400,000
Property taxes
$466/mo
Rate assumed
6.8% · 30 yr
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At a glance

Single family
Built 2005
Private pool
Gunite
10.00 acres
Lot size
2,309 sqft
Living area

About this home

Cathedral Ceiling(s)Ceiling Fans(s)Kitchen/Family Room ComboDishwasherRange

30737 Elam Rd is a 2005-built home in Metes And Bounds King Lake Area, Wesley Chapel. Inside you'll find 3 bedrooms, 2 bathrooms, and 2,309 square feet of living space. Listed at $2,000,000 (about $866/sqft), 518 days on market. Flood zone x/a - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

Welcome to a developer's paradise, where the canvas of opportunity unfolds on a sprawling 10-acre plot in the heart of the flourishing Connected City of Wesley Chapel. This prime real estate isn't just land; it's a golden ticket to unlock the potential of townhouse/mixed use project excellence. The stage is set – the spotlight is on you! Potentially we can assemble 70 acres for a larger townhome/office/senior housing or mixed use development. Or existing AC zoning allows schools, solar farms, churches (religious facilities), and civic organization buildings. Special exception uses: cemeteries, golf courses, day-care centers, and private schools. Strategically positioned near Epperson Ranch, Mirada, and Watergrass, this gem is a strategic cornerstone for visionary developers. Connectivity is key, and this location boasts easy access to the Interstate 75 ramp at Overpass Road, laying the groundwork for a seamless lifestyle for future townhouse residents. The nearby county recreation center adds a touch of recreational charm, enhancing the overall appeal of your future project. Less than a mile from the new, 56-bed Johns Hopkins All Children's hospital that broke ground and is expected to open in 2027. Nestled in the heart of the Community Hub Spa Zone in the thriving Connected City, this parcel is not just land; it's the gateway to your next success story. Step into the embrace of nature with a conservation area adorned by majestic oak trees, providing the perfect backdrop for sustainable development and a touch of rustic charm. With large oaks dotting the landscape, the ambiance of the property is one of natural elegance, creating a serene haven for future residents. Approximately 5.1 acres of this sprawling 10-acre gem are ready to be transformed into a haven of SFR/townhome/mixed use excellence. Whether you envision a modern enclave or a charming community nestled within nature's embrace, the possibilities are as vast as the land itself. For those with a keen eye for expansion, seize the opportunity to explore contiguous parcels, allowing for a grand 65 acre canvas to paint your vision of the future. The potential for a seamless transition from vision to reality is unprecedented. However, let's not just talk about the acreage – let the figures speak for themselves. Buyers and buyers' agents, rest assured, as we provide transparent information. While approximately 5.1 acres are marked for development, the potential for density and the usable acreage is a matter that should be explored with the guidance of your own engineering firms. Your vision deserves nothing less than the most accurate and reliable information. Unleash your creativity, unlock the potential, and make your mark on Elam Road. This is more than just a piece of land; it's an investment in a future where innovation, nature, and community converge. Secure your piece of the Connected City today, and let the legacy of 30737 Elam Road begin! A potential assemblage with neighbors for a 70 acre complex is also available. All sheds/carports/storage will be removed from the property after closing (5 months post closing move out requested). Sold as is. Buyers/Buyers agents-do not rely on any representations of acreage size, usable acreage or density estimates from listing agent or sellers. Contact an engineer for your own due diligence. Seller is removing shed, barn, carports, lights and ceiling fans. DO NOT DRIVE ON PROPERTY. APPOINTMENT ONLY!

The essentials

Built
2005
Price / sqft
$866
On market
760 days
Annual tax
$5,590
Flood zone
X/A · Low risk
Lot
435,600 sqft
Type
Single Family Residence

Location

30737 Elam Rd
Wesley Chapel, FL, 33545·33545 - Wesley Chapel
Type
Single Family Residence
Year Built
2005
Lot
435,600 sqft
Cooling
Central Air
Heating
Electric
Parking
-
Pool
Gunite, In Ground
Days on Market
760
Cathedral Ceiling(s)
Ceiling Fans(s)
Kitchen/Family Room Combo
Dishwasher
Range

Elementary

Wesley Chapel Elementary-PO

Middle

Thomas E Weightman Middle-PO

High

Wesley Chapel High-PO

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on fileFlood Zone x/a

Annual Tax (2023)

$5,590

Parcel #

20-25-28-0000-00400-0021

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

Metes And Bounds King Lake Area

County

Pasco

MLS Area

33545 - Wesley Chapel

Lot Size

435,600 sqft

ClearedConservation AreaIn CountyLevelPaved
Date
Event
Price
8/31/2026
Price change
Source: Stellar MLS #T3548223
$2,000,000-20.0%
$866/sqft
8/12/2024
Listed for sale
Source: Stellar MLS #T3548223
$2,500,000+3025.0%
$1,083/sqft
2/1/2002
Sold
Source: Pasco County Public Record
$80,000
$35/sqft
Est. monthly payment$11,897/mo
Principal & interest$10,431
Property taxes$466
Insurance$1,000
Down payment20% · $400,000
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%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $2,000,000
$1.99M – $2.00M
99.5% – 100% of listTops out right at the list price
80% of listList price
159 of the last 246 home closings in 33545 landed at this number or higher (65%). The median one sat 33 days before it went under contract, and this one is on day 760 after a $500,000 cut.

Sample: 246 closed home sales in 33545 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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