Short answer: Lake Padgett Estates is the old-Florida lake community in Land O’ Lakes: private ski lakes, a resident equestrian center and lake beaches, with no CDD and no mandatory HOA. Homes are older, and lakefront lots carry the premium.
Lake Padgett Estates at a glance
- Location: off US-41 via Bell Lake Road, ZIP 34639
- Lakes: private ski lakes Lake Padgett (about 200 acres, spring-fed), Lake Saxon and East Lake (about 95 acres), plus Lake Joyce, for residents and guests (Stellar MLS listings, 2026)
- Prices: about $225,000–$440,000 for most homes (BEX Realty), with lakefront homes up to about $925,000 (Stellar MLS, 2026)
- Fees: no CDD and no mandatory HOA
What the homes are like
Mostly 1970s to 1990s ranch homes, plus newer rebuilds, on lots of a quarter to two-thirds of an acre. Lakefront homes often have docks and pools.
Amenities
Three ski lakes with boat ramps, a fishing lake, a 15-acre equestrian center, lake beaches, parks, playgrounds, tennis and pickleball. It’s a golf-cart community.
Getting around
US-41 shopping, the Land O’ Lakes library and recreation center are close; SR-54 is about 10 minutes south, and Tampa about 35 minutes.
What to check before you buy
- Roof, plumbing and insurance on older homes.
- Dock and seawall condition on the lake.
- Flood zone for lakefront lots.
- Any voluntary association and what it covers.
Nearby neighborhoods to compare
- Plantation Palms: gated golf with no CDD
- Crenshaw Lakes: larger lakefront estates in Lutz
- Lake Keystone: a ski lake in Odessa
Thinking about Lake Padgett Estates?
Tell me your budget and must-haves and I’ll send recent closed sales in Lake Padgett Estates, the current HOA and CDD numbers for the street you like, and how it compares with the rest of Land O’ Lakes. You can also get an alert the moment a home here lists.