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Odessa neighborhood

Lake Keystone, Odessa

Odessa's largest ski lake at about 434 acres, lined with custom and estate homes on big lots, mostly with no HOA and no CDD, about 20 minutes from Tampa International Airport.

434-acre ski lake · Estate homes · Big lots & acreage · No HOA (most) · No CDD · Near the airport

Updated November 2026 by Frankie Gomez, People's Trust Realty

Lakefront about $1.5M to $4.5MPrice feel · Redfin and Stellar MLS listings, 2026
OdessaPart of the Odessa guide

Short answer: Lake Keystone is the premier ski lake north of Tampa: about 434 acres ringed by custom homes and estates on big lots, mostly with no HOA or CDD, and about 20 minutes from the airport.

Lake Keystone at a glance

  • Lake: about 434 acres, Odessa’s largest ski lake (Lake Homes Realty)
  • Homes: built 1965–2015, about 2,900 to 7,900 square feet (Homes by Marco)
  • Prices: median listing about $1.79 million for homes with views (Redfin); a 7.7-acre lakefront property listed at $4.5 million (2026)
  • Fees: no HOA or CDD on most lakefront homes

What the homes are like

Custom and estate homes, older ranches on large lakefront lots, and acreage. Gated enclaves nearby, such as Lakes of Keystone and the 16-home Keystone Reserve, add newer luxury builds.

The Keystone corridor

Beyond the lake, the Keystone area has agricultural-zoned acreage and smaller lakes like Lake Jackson, with five-acre waterfront parcels listing around $1.5 million (2026). It’s one of the few places this close to Tampa where you can still find real land.

Getting around

Gunn Highway and the Veterans Expressway put Tampa International Airport and Westshore about 20 minutes away.

What to check before you buy

  • Septic and well on older properties.
  • Seawall, dock and lake access.
  • Flood zone near the water.
  • Zoning if you want animals or outbuildings.

Nearby neighborhoods to compare

Thinking about Lake Keystone?

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Straight answers

Lake Keystone questions, answered.

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How big is Lake Keystone?

About 434 acres, Odessa's largest ski lake.

Do Lake Keystone homes have an HOA?

Most do not, and there's no CDD. A few gated enclaves nearby, like Lakes of Keystone and Keystone Reserve, have their own dues.

How much are homes on Lake Keystone?

Lakefront homes have recently listed from about $1.5 million to $4.5 million (Redfin, Stellar MLS, 2026).

How far is Lake Keystone from the airport?

About 20 minutes to Tampa International Airport.

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