504 Riverside DRIVE, Tarpon Springs, FL, 34689 | $4,275,000

Explore a hidden treasure nestled within a secure gated estate, featuring two distinct single-family homes situated on a vast 2+ acre lot. Perched atop a hill, this dual residence offers stunning views of Kraemer Bayou, with direct access to the Gulf of Mexico just minutes away by boat. Dual driveways and three 2-car garages provide ample parking and privacy for residents and guests alike.

The main house, the larger of the two residences, boasts 4 bedrooms, 3 full baths, and a half bath. Each room is meticulously designed to exude comfort and elegance, with a den, library, and formal dining room adding layers of functionality and sophistication. The grand room, a focal point of the home, offers breathtaking water views and a spacious, inviting atmosphere. Recent upgrades, such as a new hot water tank (2024) and fresh paint, ensure the home remains contemporary yet timeless.

The guest house is equally impressive, featuring 4 bedrooms and 3. 5 baths. The commercial-style kitchen is perfect for entertaining, while the grand room offers serene bayou views. The first level has new laminate flooring and paint, refreshing the space. A stylish wet bar enhances the entertainment potential, making it an ideal retreat for guests or extended family.
Outdoor amenities include a newly built dock with updated boat plumbing and electrical (2024), as well as a covered jet ski boat lift capable of holding up to 10, 000 lbs. A newly constructed gazebo near the infinity pool provides panoramic views of Kraemer Bayou. Lifetime warranty outdoor lighting adds peace of mind to the luxury experience. Enjoy a game of volleyball on the sand court or take a swim in the indoor swim spa with a walk-in shower.

Additional luxuries include a whole house generator that powers the entire estate, 50, 000 KV Kohler brand, ensuring uninterrupted comfort and security. This estate offers more than just a place to live - it represents a lifestyle choice, providing a harmonious combination of privacy, luxury, and natural beauty.

Ideal for families seeking a home that can accommodate multiple generations or those desiring a spacious living environment with top-of-the-line amenities. Take the opportunity to discover this immaculate estate and imagine a life without limitations.

Features

  • Rooms: 14
  • Bedrooms: 8
  • Baths: 6 full / 2 half
  • Lot Size: 124 x 237
  • Laundry: In Garage, Inside
  • Style: Traditional
  • Year Built: 1999
  • Garage: 6-car Boat, Curb Parking, Driveway, Garage Door Opener, Ground Level, Guest, Off Street, Open, Oversized, Parking Pad
  • Heating: Central, Electric, Zoned
  • Cooling: Central Air, Mini-Split Unit(s), Zoned
  • Approx Sq. Feet: 7,886
  • Acreage: 2.25
  • Lot Size: 124 x 237
  • Est. Taxes: $38,050
  • Lot Desc: Corner Lot, City Lot, Landscaped, Near Golf Course, Near Marina, Near Public Transit, Oversized Lot, Sidewalk
  • View: Water
  • Elem. School: Sunset Hills Elementary-PN
  • Middle School: Tarpon Springs Middle-PN
  • High School: Tarpon Springs High-PN
  • Pool: Chlorine Free, Deck, Gunite, Heated, In Ground, Outside Bath Access, Salt Water
  • Pet Policy: Yes
  • Appliances: Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Gas Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer, Water Filtration System, Water Purifier, Water Softener, Whole House R.O. System, Wine Refrigerator
  • MLS#: U8236148
  • Days on Market: 32 days
  • Website: https://www.raveis.com
    /eprop/U8236148/504riversidedrive_tarponsprings_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 6/2/2024 10:05:49 PM)

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Barbara Fitzgerald

Barbara.Fitzgerald@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

John Carlos MachadoVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 2064879

860.604.0905

JohnCarlos.Machado@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Jennifer HartInsurance Sales Director, William Raveis Insurance

978.457.6220

Jennifer.Hart@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

504 Riverside DRIVE, Tarpon Springs, FL, 34689

$4,275,000

Barbara Fitzgerald

William Raveis Real Estate

Phone: 413.565.2111

Barbara.Fitzgerald@raveis.com

John Carlos Machado

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.604.0905

JohnCarlos.Machado@raveis.com

NMLS Mortgage Loan Originator ID 2064879

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $3,420,000 $3,420,000 $3,420,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 7.000% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.851% 7.128% 7.061%
Monthly Tax Payment $3,171 $3,171 $3,171
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $23,041 $22,753 $30,501
Total Monthly Payment $26,337 $26,049 $33,797

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.