Sell Your Home
Get a free home valuation
Contact
Tell us about your needs

5040 WATERSIDE DRIVE

House For Sale
$1,650,000

BTC: 26.19047619

ETH: 945.01718213

-$340K (2026/04/14)
399 days
Waterfront
3 bds
3 ba
3,152 sqft

Overview

Elevated waterfront pool home, abundant dockage, *attached buildable waterfront lot*, one canal off the river! This coastal-themed beauty with *elevator* has had a full remodel and addition done since 2020. The elevated main living floor has a generous kitchen with large island, wall ovens, ice maker, smart hood with TV display, trash compactor, and counterspace for all your projects. The lower cabinets are outfitted with pull-outs for easy access. Adjacent great room with cathedral ceiling and floor to ceiling windows can be used for dining or gathering around the modern electric fireplace. Conveniently located on the same floor are three bedrooms, two bathrooms, and the dedicated laundry room. The primary retreat has water views and access to your outside deck. There will be no fighting for storage in the oversized primary closet, with built-in organizers including a crafting desk and sewing cabinet, and the primary bathroom has still more storage for two, large shower and clawfoot tub, plus water closet still provides privacy. Upstairs loft area has another dedicated seating area, a movie-watching space with ceiling projector and surround audio, and private office area with Gulf views, while the glass railings allow natural light access all of the space. With upgraded vinyl impact windows and sliders, watch manatees and dolphins play behind your home while enjoying the noise and energy benefits of the insulated glass. Outside there are two 10,000lb boat lifts, jet ski lift, a floating dock, and davits for your fleet of red-fish catching boats. The pool and deck were also remodeled, and you'll enjoy relaxing on the built-in sun shelf or entertaining under the covered patio, which includes a weather enclosure for your outdoor TV. A dedicated irrigation well means the landscaping is easy to maintain without a separate water bill! Not included in the listing living sqft is your downstairs GAME ROOM/guest room, with full updated bathroom inc walk-in shower for easy washing after boating or pool days, and concrete wall panels up to 6' so you don't have to worry about drywall below the main living floors. The garage has room for 3+ cars, work bench, plus large storage area, all the electrical outlets a hobbyist could need, and even a sliding hoist. No need to pay for trailer or boat storage, there's room in your empty lot to park your toys on the gravel side drive. The HVAC, metal roof, impact windows/sliders, docks, lifts, SEAWALL, pool/deck surfacing, landscaping have all been redone since 2020. Low flood insurance currently at $1800/yr, with all your primary living space is on the elevated floors! Just a short boat ride from home will have you to the island of Anclote SP for beautiful uncrowded beaches or amazing flats fishing at Werner-Boyce SP. The City of Port Richey is a golf-cart permitted city and just a short cart ride from shopping, waterfront dining, and three parks with playgrounds, kayak launches, and fishing. The City also has its own police/fire depart, and city council for that small town feel but close to all big city amenities. Downtown NPR has many eateries and outdoor events just down Grand Blvd. When you need big city, Tampa airport/downtown is direct via Ridge Road Extension to the Veterans, where Moffitt Cancer Center is currently building their new medical campus. Don't miss all of the outdoor adventures this property has to offer while enjoying living above the floodplain. 3D Tour in link

Location

Details

Type:
Residential
Parking:
Boat / Driveway / Garage Door Opener / Ground Level / Oversized
Year Built:
1985
Lot:
0.56 Acres
Heating:
Central / Electric
Price/sqft:
$523
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$775,000
$462K – $1.5M
Confidence Low
List vs. estimate
$875K above estimate
List $1,650,000 · +112.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$523
+144.2% vs. city median $214
Based on
17 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$12,821
2024
Pool
Deck
View
Water
Waterfront
Canal - Saltwater
Garage
3 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Tile

    • Hardwood

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Built-In Oven

    • Convection Oven

    • Cooktop

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Ice Maker

    • Microwave

    • Range Hood

    • Refrigerator

    • Trash Compactor

    • Washer

    Other interior features

    • Cathedral Ceiling(s)

    • Ceiling Fan(s)

    • Elevator

    • High Ceilings

    • Kitchen/Family Room Combo

    • Primary Bedroom Main Floor

    • Smart Home

    • Solid Surface Counters

    • Solid Wood Cabinets

    • Split Bedroom

    • Thermostat

    • Vaulted Ceiling(s)

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 3

  • Parking

    • Boat

    • Driveway

    • Garage Door Opener

    • Ground Level

    • Oversized

    Property

    • Levels: Three Or More

    • Pool Private: Yes

    • Exterior Features: Balcony / Irrigation System / Lighting / Sliding Doors / Storage

    Lot

    • Lot: 0.56 Acres

    Other Property Information

    • Parcel Number: 1625290510000001030

    • Zoning: R1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Connected

    • Fiber Optics

    • Fire Hydrant

    • Public

    • Sewer Connected

    • Sprinkler Well

    • Street Lights

    • Water Connected

    Green energy

    • Windows

  • Other financial information

    • Annual tax amount: $12,821

  • Source details

    • MLS ID: W7875122

    Other facts

    • Construction Materials: Concrete / HardiPlank Type / Stucco / Wood Frame

    • Foundation Details: Slab

    • Fireplace Features: Electric / Non Wood Burning

    • Laundry Features: Inside / Laundry Room / Upper Level

    • Lot Features: Cleared / Corner Lot / Cul-De-Sac / Flood Insurance Required / FloodZone / City Lot / Landscaped / Near Marina / Oversized Lot

    • Patio And Porch Features: Covered / Deck / Rear Porch

    • Pool Features: Deck / Gunite / In Ground / Pool Sweep

    • Window Features: Blinds / Double Pane Windows / Insulated Windows / Shutters / Storm Window(s) / Window Treatments

    • Direction Faces: North

    • Architectural Style: Key West

    • Waterfront: Yes

    • Fireplace: Yes

    • Water Body Name: PITHLACHASCOTEE RIVER

    • Garage Spaces: 3

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 3152

    • Water Source: Public

    • Lot Size Dimensions: 180 x 100

    • Subdivision Name: HARBOR ISLES 2ND ADD

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

More like this

For Sale
$1,299,000
House
5 bds · 3 ba · 2,915 sqft
FLOR A MAR, NEW PORT RICHEY
3640 HARBORVIEW COURT
For Sale
$1,175,000
House
4 bds · 3 ba · 2,326 sqft
FLOR A MAR, NEW PORT RICHEY
5557 BOWLINE BEND
For Sale
$1,249,000
House
4 bds · 3 ba · 3,749 sqft
GULF HARBORS SEA FOREST, NEW PORT RICHEY
6291 SPOONBILL DRIVE
-$105K
For Sale
$1,795,000
10 bds · 8 ba · 6,378 sqft
TOWN OF NEW PORT RICHEY, NEW PORT RICHEY
5622-5640 MISSOURI AVE
For Sale
$1,200,000
House
4 bds · 2 ba · 2,429 sqft
HARBOR ISLES, PORT RICHEY
8034 BRIGHTON DRIVE
For Sale
$1,750,000
Lots/Land
30.49 acres
VEKARA BAY TR A, PORT RICHEY
BAY BLVD
For Sale
$1,820,000
House
4 bds · 4 ba · 3,220 sqft
BAMBOO ESTATES, NEW PORT RICHEY
7102 MANDY LANE
For Sale
$1,250,000
Townhouse
3 bds · 2 ba · 2,550 sqft
AQUA RESERVE TOWNHOMES, NEW PORT RICHEY
5956 AQUA RESERVE BOULEVARD

Market around this address

Live counts in the same area.
View all

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: SNAP REALTY LLC