118 Waterberry Dr Tarpon Springs, FL 34688
Lake Tarpon Community Neighborhood
5
Beds
4.5
Baths
4,865
Sq Ft
0.47
Acres
Highlights
- Heated In Ground Pool
- Custom Home
- Lake View
- Tarpon Springs Middle School Rated A-
- Gated Community
- 3-minute walk to Richard Ervin Park
About This Home
As of May 2025Experience the epitome of luxury living in an exquisitely remodeled estate in the gated waterfront enclave of Waterberry, a private land reserve. Full home tour video at 118Waterberry.com. Enter into the expansive lobby, featuring marble floors and soaring ceilings, and begin to take in the stunning architecture. Ascend the front staircase to level two, where you will find the primary suite and main living spaces with multiple balconies. European white oak floors run throughout. Gourmet kitchen features exotic Brazilian quartzite counters, European white oak cabinets, commercial fridge/freezer, JennAir 5 burner gas cooktop with downdraft ventilation, and a generous island with waterfall edge. Limestone fireplace in family room. Primary bath features a large freestanding jetted tub, two skylights, marble counters atop his and hers sinks, massive walk-in shower with custom frameless shower door and 3 shower heads including 2 rainfall and one handheld sprayer. Enormous closet in the primary suite. A balcony off the primary suite features a hot tub / cold plunge. Ascend the spiral staircase to level three and find a large bonus space with wet bar, which can be used as a theater room, office, yoga studio, meditation space, stargazing observatory, or anything you can imagine. Level three has two balconies providing breathtaking views of Lake Tarpon and Salt Lake. Level one can be accessed from either the front marble stairs or back Saltillo stairs from level two, and there you will find the remaining three bedrooms. One is a suite with private bath featuring marble counters and a large wet room with soaking tub and walk-in shower with rainfall shower head, handheld sprayer, and body jets. The other two bedrooms along with a library / study, which can be used as a fifth bedroom, all have sliding glass doors leading out to a stunning courtyard with a serene fountain. Level one also features a laundry room and gym as well as a full guest bath with hand cast concrete vessel sinks. Abundant natural light and natural materials highlight the unique architecture of this truly special estate. Elevator provides easy access to levels one and two, as well as the pool deck level. Outside continues the resort like experience with lush grounds. An abundance of decking surrounds a sparkling pool. Custom outdoor kitchen featuring 2 refrigerators, blackstone griddle, 6 burner propane grill, 2 side burners, smoker, sink, and a wood fired Thor pizza oven is an entertainer’s dream. Follow the sea of pavers to the cabana and sit in a hanging chair while watching TV. Massive double lot has plenty of room to roam. Metal roof and hurricane impact windows provide peace of mind for this high and dry property which does not require flood insurance. 2 new HVAC and REME HALO Whole Home In-Duct Air Purifier 2023. New pool heater and chiller (cold plunge) 2024. Prime location just minutes to tons of shopping and dining. Must experience in person to fully appreciate!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,648
Year Built
- Built in 1989
Lot Details
- 0.47 Acre Lot
- Lot Dimensions are 95x201
- West Facing Home
- Masonry wall
- Mature Landscaping
- Oversized Lot
- Landscaped with Trees
- Garden
- 2 Lots in the community
HOA Fees
- $260 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Garage Door Opener
Home Design
- Custom Home
- Contemporary Architecture
- Elevated Home
- Slab Foundation
- Metal Roof
- Block Exterior
Interior Spaces
- 4,865 Sq Ft Home
- 3-Story Property
- Elevator
- Open Floorplan
- Built-In Features
- High Ceiling
- Ceiling Fan
- Skylights
- Entrance Foyer
- Family Room Off Kitchen
- Living Room with Fireplace
- Den
- Library
- Bonus Room
- Inside Utility
- Home Gym
- Wood Flooring
- Lake Views
- Storm Windows
Kitchen
- Eat-In Kitchen
- <<builtInOvenToken>>
- <<microwave>>
- Freezer
- Ice Maker
- Dishwasher
- Disposal
- Reverse Osmosis System
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Primary Bedroom Upstairs
Laundry
- Laundry Room
- Dryer
Eco-Friendly Details
- Well Sprinkler System
Pool
- Heated In Ground Pool
- In Ground Spa
- Saltwater Pool
- Pool is Self Cleaning
- Outside Bathroom Access
Outdoor Features
- Balcony
- Courtyard
- Deck
- Covered patio or porch
- Outdoor Kitchen
- Exterior Lighting
- Outdoor Grill
- Rain Gutters
Utilities
- Central Heating and Cooling System
- Propane
- Electric Water Heater
- Water Softener
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 16
- Assessor Parcel Number 08-27-16-95080-000-0160
Community Details
Overview
- Waterberry A Private Land Reserve Association
- Waterberry Private Land Reserve Subdivision
- The community has rules related to deed restrictions
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 19, 2025
Closed on
May 6, 2025
Sold by
Weber Wesley and Russo Elizabeth
Bought by
Kontos Emanuel and Kontos Chantel
Seller's Agent
Wes Weber
INSPIRED REALTY, LLC
Buyer's Agent
Wes Weber
INSPIRED REALTY, LLC
List Price
$1,695,000
Sold Price
$1,430,000
Premium/Discount to List
-$265,000
-15.63%
Views
56
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.59%
Original Mortgage
$1,144,000
Outstanding Balance
$1,142,996
Interest Rate
6.65%
Mortgage Type
Credit Line Revolving
Estimated Equity
$436,849
Purchase Details
Listed on
Feb 16, 2023
Closed on
Aug 1, 2023
Sold by
Baker Kenneth and Baker Marcella
Bought by
Weber Wesley and Russo Elizabeth
Seller's Agent
Gloria Bussius
GLORIA G BUSSIUS
Buyer's Agent
Wes Weber
INSPIRED REALTY, LLC
List Price
$1,183,000
Sold Price
$725,000
Premium/Discount to List
-$458,000
-38.72%
Views
188
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.10%
Original Mortgage
$636,188
Interest Rate
6.67%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 17, 2006
Sold by
Martocci Russell and Martocci Rocchina G
Bought by
Baker Kenneth and Baker Marcella
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$695,200
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Oct 25, 1996
Sold by
Raksha Patel Tr and Raksha Patel Revocable Trust
Bought by
Martocci Russell and Martocci Rocchina G
Similar Homes in Tarpon Springs, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,430,000 | Anclote Title Services | |
| Warranty Deed | $725,000 | Anclote Title Services | |
| Warranty Deed | $869,900 | Attorney | |
| Warranty Deed | $24,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,144,000 | Credit Line Revolving | |
| Previous Owner | $636,188 | New Conventional | |
| Previous Owner | $45,000 | Amount Keyed Is An Aggregate Amount | |
| Previous Owner | $275,000 | Credit Line Revolving | |
| Previous Owner | $695,200 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/06/2025 05/06/25 | Sold | $1,430,000 | -10.3% | $294 / Sq Ft |
| 04/14/2025 04/14/25 | Pending | -- | -- | -- |
| 03/24/2025 03/24/25 | Price Changed | $1,595,000 | -3.0% | $328 / Sq Ft |
| 03/18/2025 03/18/25 | Price Changed | $1,645,000 | -2.9% | $338 / Sq Ft |
| 02/19/2025 02/19/25 | For Sale | $1,695,000 | +133.8% | $348 / Sq Ft |
| 08/01/2023 08/01/23 | Sold | $725,000 | -35.8% | $153 / Sq Ft |
| 07/12/2023 07/12/23 | Pending | -- | -- | -- |
| 07/06/2023 07/06/23 | Price Changed | $1,129,900 | -2.3% | $239 / Sq Ft |
| 03/10/2023 03/10/23 | Price Changed | $1,157,000 | -2.2% | $245 / Sq Ft |
| 02/16/2023 02/16/23 | For Sale | $1,183,000 | -- | $250 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $9,648 | $976,223 | $166,220 | $810,003 |
| 2023 | $9,648 | $556,352 | $0 | $0 |
| 2022 | $9,402 | $540,148 | $0 | $0 |
| 2021 | $9,521 | $524,416 | $0 | $0 |
| 2020 | $9,505 | $517,176 | $0 | $0 |
| 2019 | $9,354 | $505,548 | $0 | $0 |
| 2018 | $9,260 | $496,122 | $0 | $0 |
| 2017 | $9,190 | $485,918 | $0 | $0 |
| 2016 | $9,122 | $475,924 | $0 | $0 |
| 2015 | $9,267 | $472,616 | $0 | $0 |
| 2014 | $9,225 | $468,865 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Wes Weber
Seller's Agent in 2025
Wes Weber
INSPIRED REALTY, LLC
(727) 503-7865
3 in this area
150 Total Sales
-
Gloria Bussius
G
Seller's Agent in 2023
Gloria Bussius
GLORIA G BUSSIUS
(727) 422-2177
1 in this area
10 Total Sales
Map
Source: Stellar MLS
MLS Number: TB8351756
APN: 08-27-16-95080-000-0160
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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