Parkwood Lakes, Parrish FL: No CDD, Low HOA Neighborhood Guide & Video Tour

By Linda Reynolds, Broker, Reynolds Realty Gulf Coast (License #BK3021695) · Updated November 2026

Parkwood Lakes has long been a favorite move-up choice in Parrish: handsome pool homes, lake views and manicured landscaping, with low dues and errands right across the street. Watch the tour above, then read on for what you need to know. For the bigger picture, see my Parrish real estate guide.

Where is Parkwood Lakes?

Parkwood Lakes sits just off Old Tampa Road near US-301 in Parrish, tucked back from the highway so the streets stay quiet. A Publix shopping plaza with restaurants, a pet store and a bank is right across the street. From here you’re close to:

• I-75 Exit 224 and I-275 for Tampa, St. Petersburg and Sarasota
• Ellenton Premium Outlets and the shops along US-301
• The Manatee River and the Fort Hamer boat ramp
• Downtown Bradenton, Lakewood Ranch and the Gulf beaches

Homes in Parkwood Lakes

Homes in Parkwood Lakes were built from about the mid-1990s to the early 2000s, by builders including WCI. Most are one-story block and stucco homes of about 1,700 to 2,700 square feet, with three or four bedrooms, two-car garages and elegant arched entries. Many have private screened pools and covered lanais, and lots of homes back up to the community’s lakes.

Recent sales and listings have ranged roughly from $450,000 to $600,000, depending on size, pool, lake view and updates.

HOA, no CDD and deed restrictions

Parkwood Lakes has no community pool or clubhouse. Instead, the HOA keeps the lakes, entrances and common areas beautifully maintained, which keeps dues low at about $58 a month in recent listings. There is no CDD. The neighborhood is deed restricted, so check the rules on vehicles, fences and exterior changes before you buy. My guide to HOAs, CDDs and 55+ communities explains what to compare, and What Does It Really Cost to Live in Parrish, FL? breaks down taxes, insurance and utilities.

School assignments depend on the address, so verify current schools for a specific home with the School District of Manatee County.

Buying or selling in Parkwood Lakes

Lake views, pools and updates make a big difference in price here, so the right comparable sales matter. I’ll compare your home with recent sales of the same size, lot and features. Comparing other Parrish neighborhoods? See Fox Chase, Kingsfield and Kingsfield Lakes, or read Moving to Parrish, FL: 10 Top Relocation Questions Answered.

Parkwood Lakes questions people ask

Where is Parkwood Lakes in Parrish?

Parkwood Lakes is in Parrish, Florida (ZIP 34219), just off Old Tampa Road near US-301, set back from the highway traffic. A Publix shopping plaza is across the street, and I-75 Exit 224 is a few minutes away.

When were the homes in Parkwood Lakes built?

Homes were built from about the mid-1990s to the early 2000s, by builders including WCI. Most are one-story single-family homes.

Does Parkwood Lakes have a CDD?

No. Parkwood Lakes has no CDD. Check the tax bill for the specific home to confirm.

How much is the HOA in Parkwood Lakes?

HOA dues are low, about $58 a month in recent listings. They cover upkeep of the lakes, entrances and common areas. Confirm the current amount with the association.

Does Parkwood Lakes have a community pool?

No. Amenities are the lakes, open spaces and landscaped entrances, which keeps dues low. Many homes have their own private pools and covered lanais.

How much do homes in Parkwood Lakes cost?

Recent sales and listings have ranged roughly from $450,000 to $600,000, depending on size, pool, lake view and updates.