Crescent Lake homes

— Community Guide

Crescent Lake

St. Petersburg, FL

“A historic neighborhood ringing a 54-acre park lake less than a mile from downtown -- where Babe Ruth took spring training, and Craftsman porches still face tree-lined streets out of the flood zone.”

Historic + park-centered · out of flood zone · 1 mile to downtown

What locals love

  • 54-acre Crescent Lake Park with 1-mile walking path, tennis, pickleball, and dual dog parks
  • Huggins-Stengel Field -- Yankees and Mets spring training site, on the National Register of Historic Places
  • Sunken Gardens botanical garden 0.3 miles east -- walkable from the park
  • Out of flood zone -- elevated terrain, no mandatory flood insurance for most homes
  • Less than one mile north of downtown St. Petersburg

A brief history

Crescent Lake Park opened in 1927 and drew the New York Yankees as a spring training home the same era -- Babe Ruth, Lou Gehrig, and Joe DiMaggio all played at what is now Huggins-Stengel Field. The field was renamed Miller Huggins Field in 1931 after the Yankees manager died, and again in 1963 for Casey Stengel when the expansion Mets took over training. The Orioles followed through 1995. The field was listed on the National Register of Historic Places in 2019. A cypress dugout canoe discovered in the lake dates to the 1500s and is displayed at the St. Petersburg Museum of History.

The housing mix

Housing runs from 1920s Craftsman bungalows, Foursquare, Tudor, and Mediterranean Revival homes to 1950s-60s Minimal Traditional and Ranch styles. Most homes are 1,400-2,800 square feet on suburban-scale lots -- smaller than the estate-scale parcels in adjacent Allendale Terrace. Prices range from the low $700Ks for unrenovated postwar homes to over $1.3M for restored Craftsman estates. Most of the neighborhood sits on elevated ground that falls outside mandatory flood insurance zones, which is genuinely uncommon for St. Pete at this proximity to the bay.

Who lives here

Crescent Lake draws buyers who want genuine urban walkability to a park and downtown without the high-rise density of the Pier District or the flood exposure of Shore Acres. Families come for the park, the dog-friendly trails, and Woodlawn Elementary and John Hopkins Middle nearby. Young professionals appreciate the bike distance to Beach Drive and Central Avenue. Long-time St. Pete residents choose it for the historic character and practical elevation advantage -- owners here often pay less in insurance than counterparts in adjacent neighborhoods at lower grade.

Landmarks & things to do

  • Crescent Lake Park -- 1-mile perimeter walk, tennis and pickleball courts, dual dog parks
  • Huggins-Stengel Field -- National Register of Historic Places; vintage ballpark inside the park complex
  • Sunken Gardens -- 4-acre city-owned botanical garden with 50,000+ tropical plants (0.3 miles)
  • Bike to Beach Drive and the St. Pete Pier -- less than 1.5 miles south
  • St. Petersburg Museum of History -- home to the 1,500-year-old cypress canoe found in the lake
  • Woodlawn Cycle track and neighborhood running routes along the lake perimeter
  • Central Avenue dining and arts district -- 10 minutes by bike

Schools in the area

Frequently asked about Crescent Lake

Why is it called Crescent Lake?

The neighborhood takes its name from the crescent-shaped lake at its center. Crescent Lake Park, which surrounds the lake, opened in 1927 and became the organizing feature of the residential streets that developed around it. The lake is a natural freshwater body; a cypress dugout canoe found in the lake during construction work dates to approximately the 1500s and is now displayed at the St. Petersburg Museum of History.

What is Huggins-Stengel Field?

Huggins-Stengel Field is a historic baseball diamond inside Crescent Lake Park where the New York Yankees held spring training from 1925 to 1942. Babe Ruth, Lou Gehrig, and Joe DiMaggio all played there. The facility was renamed Miller Huggins Field in 1931, then Huggins-Stengel Field in 1963 when the expansion New York Mets took over spring training through 1987. The field was listed on the National Register of Historic Places in 2019 and remains active as a community sports facility.

Do Crescent Lake homes require flood insurance?

Most Crescent Lake homes sit on elevated terrain that falls in FEMA Zone X -- minimal flood risk -- meaning flood insurance is not required by lenders and is optional for homeowners. This is a real financial advantage over nearby neighborhoods like Shore Acres or parts of Old Northeast that sit at lower elevations. Always verify the flood zone for the specific property address before making an offer, as individual parcels can vary and boundaries are updated periodically.

What schools serve Crescent Lake?

The primary public school zone covers Woodlawn Elementary, John Hopkins Middle School (home to the district's only professional theater program at the middle school level), and St. Petersburg High School, which offers the IB Diploma Programme. Pinellas County Schools offers extensive school-choice and magnet options -- many families pursue applications to specialty programs at the high school level. Verify your specific address zone at pcsb.org before purchasing.

How does Crescent Lake compare to Old Northeast or Snell Isle?

Old Northeast is immediately east of downtown with tighter streets, more pedestrian density, and some bay-view blocks at higher price points; many Old Northeast homes carry flood insurance requirements. Snell Isle is a peninsula community with larger estate lots, Mediterranean Revival architecture, and consistently higher price floors. Crescent Lake is positioned between the two -- less expensive than Snell Isle, more park-oriented than Old Northeast, and with a clear elevation advantage in flood-zone terms. It trades bay views for a 54-acre freshwater park.

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