Search for Homes in Ballantrae, Land O Lakes Florida M/I, KB Homes, & Inland Homes are credited with developing the community of Ballantrae in Land O Lakes, FL. The Ballantrae community encompasses 436 acres along State Road 54 in Land O‘ Lakes in Pasco County and is conveniently located between Suncoast Expressway (HWY-589) and Land O’ Lakes Blvd (US-41). Ballantrae is a deed restricted community offering single family and town home residences that require CDD and HOA fees. Ballantrae residents are able to enjoy numerous activities including swimming, tennis, basketball, fishing and children’s activities at the Ballantrae Park and Clubhouse. Singlefamily homes within this community range from a little over 1,300 square feet to over 3,000 square feet. (1 comments)