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$625,230

36724 MELSTONE WAY, ZEPHYRHILLS, FL 33541

3D Tour

Active168 days on market

Beds

Baths

Sq Ft

3,807 sq ft

Year Built

2025

Lot Size

0.17 acres

Garage

About This Property

Brand new, energy-efficient home available NOW! Enjoy relaxing on the Zander's covered lanai or hosting a game night in the upstairs game room. The primary suite boasts two walk-in closets and dual sinks. Use the downstairs flex space as a formal dining room or home office. Now available, Two Rivers – Signature Series offers new single-family homes in the master-planned community of Two Rivers. Located in the tranquil setting of Zephyrhills, residents will enjoy access to the community’s resort-style amenities including a pool and clubhouse, pickleball, playground, dog parks and more. Convenient to SR 56, residents will enjoy easy access to plentiful shopping, dining, and employment centers. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

Property Overview

Property TypeResidential

Sub TypeSingle Family Residence

MLS #O6377590

StatusActive

Year Built2025

Total Rooms5

ConstructionBlock, Wood Frame

RoofShingle

FoundationSlab

FacesNortheast

SubdivisionTWO RIVERS

CountyPasco

OwnershipFee Simple

New ConstructionYes

Interior Features

InteriorOpen Floorplan, Solid Surface Counters, Split Bedroom, Thermostat

FlooringCarpet, Ceramic Tile

AppliancesDishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator

LaundryInside, Laundry Room

CoolingCentral Air

HeatingCentral

Exterior & Lot

ExteriorIrrigation System, Sidewalk

Lot Size0.17 acres (7,200 sq ft)

Lot Dimensions60 x 120

Road SurfaceAsphalt, Paved

Utilities

WaterPublic

SewerPublic Sewer

UtilitiesBB/HS Internet Available

Parking

GarageYes (3 spaces)

HOA & Community

HOAYes

HOA Fee$221 / Quarterly

Senior CommunityNo

Financial Details

List Price$625,230

Original Price$648,020

Annual Taxes$1 (2026)

FinancingCash, Conventional, FHA, VA Loan

ZoningRES

Parcel #3326210030028000140

Schools

ElementaryChester W Taylor Elemen-PO

MiddleRaymond B Stewart Middle-PO

HighZephryhills High School-PO

Directions

From I-75, exit at SR 56, head east approx. 10 miles until you reach Gall Rd./US 301. Turn right heading south on US 301. Turn right onto Arrowview Lane. Turn left onto Draughton Drive

Location

36724 MELSTONE WAY, ZEPHYRHILLS, FL 33541

Listing Information

OfficeMERITAGE HOMES OF FL REALTY

ListedJanuary 28, 2026

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Home Price

$625,230

Down Payment20% ($125,046)

Interest Rate6.75%

Loan Term

Principal & Interest$3,244

Property Tax (est.)$573

Insurance (est.)$150

Total Monthly$3,967

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Nearby Schools

Elementary School

Chester W Taylor Elemen-PO

View on GreatSchools →

Middle School

Raymond B Stewart Middle-PO

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High School

Zephryhills High School-PO

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How to Buy This Home

Multiple financing options available for this $625,230 home in ZEPHYRHILLS.

🏛️

FHA Loan

$21,883 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$31,262 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Pasco County SHIP

Varies

Income-qualifying Pasco residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

Full Calculator →First-Time Buyer Guide →VA Loan Guide →

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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 last updated: July 15, 2026.