518 Riverside Dr Tarpon Springs, FL 34689
Estimated payment $17,595/month
Highlights
- Additional Residence on Property
- Dock has access to electricity and water
- Boat Lift
- Sunset Hills Elementary School Rated A-
- Property fronts gulf or ocean
- Intracoastal View
About This Home
WATERFRONT PROPERTY PRIME LOCATION WITH DIRECT WATER ACCESS TO GULF OF MEXICO - Welcome to 518 - 504 Riverside Drive, an exceptional executive estate that spans over 2+ acres of pristine property sitting 30 FEET ABOVE SEA LEVEL. Enclosed by a solid concrete wall for unmatched security and privacy, this compound features two magnificent homes, perfectly situated atop the scenic Kraemer Bayou. With no flood zone concerns and no HOA, this property offers both peace of mind and freedom. The main residence boasts 4 bedrooms, 3 full baths, and a half bath. Enjoy breathtaking bayou views from the elegant dining room, spacious family room, and expansive office. Every detail of this home reflects sophistication and comfort. The guest house is an entertainer’s dream, featuring a sprawling living and entertainment area complete with a sunken wet bar and a commercial-style kitchen. With 4 bedrooms, 3.5 baths, and additional living quarters in the basement, the guest house is perfect for hosting family and friends. Recent updates include new laminate flooring and fresh paint throughout. Water enthusiasts will love the newly updated dock, complete with Trex decking, a 10,000-lb lift, power, and water, providing direct access to the Gulf. Enjoy inshore fishing from your dock or jump in a fishing kayak and fish the beatiful mangroves that lead right out to the Gulf, or maybe enjoy some tubing with the Jet Skis.The resort-style backyard is a true paradise, featuring an infinity pool overlooking the bayou, a newly built party gazebo equipped with natural gas and water along with a fully functional outdoor kitchen. Enjoy the detached swim spa with an air-conditioned workout facility and shower stall. The meticulously re-landscaped grounds include a sand volleyball court for added fun and recreation. Additional highlights include a whole-property 30,000 kW generator, automatic hurricane shutters, and 6 garage spaces accessed via two remote-controlled gates leading to a private courtyard. Located in the charming and world-famous town of Tarpon Springs, featuring some of the finest Greek Restaurants around. This quaint town has so much to offer with antique shops and local breweries along with many art and music festivals happening on any given weekend. The world famous Epiphany celebration takes place here in Tarpon Springs. Elementary/Middle and High Schools are very close by for convenience.We have 3 amazing beaches very close by along with Clearwater only 15 minutes away. Within 30 minutes of Tampa and St Pete Airports. The property is minutes away from the Pinellas trail where biking and walking will connect you to several other small downtown areas such as Palm Harbor and Dunedin. SIGNIFICANT PRICE ADJUSTMENT
Listing Agent
IMPACT REALTY TAMPA BAY Brokerage Phone: 813-321-1200 License #3465262 Listed on: 01/02/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $38,050
Year Built
- Built in 1999
Lot Details
- 2.25 Acre Lot
- Lot Dimensions are 124x237
- Property fronts gulf or ocean
- Property fronts an intracoastal waterway
- Property fronts a bayou
- River Front
- North Facing Home
- Irrigation Equipment
- Landscaped with Trees
- Garden
- 3 Lots in the community
- Additional Parcels
Parking
- 6 Car Attached Garage
- Guest Parking
- Golf Cart Parking
Property Views
- Intracoastal
- Partial Bay or Harbor
- River
- Bayou
Home Design
- Block Foundation
- Slab Foundation
- Frame Construction
- Slate Roof
- Block Exterior
- Stucco
Interior Spaces
- 7,886 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Wet Bar
- Bar Fridge
- Bar
- Dry Bar
- Crown Molding
- Wood Burning Fireplace
- Gas Fireplace
- Family Room
- Living Room
- Dining Room
- Home Office
- Sauna
Kitchen
- Dumbwaiter
- Built-In Convection Oven
- Cooktop with Range Hood
- Recirculated Exhaust Fan
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Wine Refrigerator
- Stone Countertops
- Disposal
- Whole House Reverse Osmosis System
Flooring
- Wood
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
Finished Basement
- Basement Fills Entire Space Under The House
- Crawl Space
Home Security
- Security Lights
- Security Gate
- Security Fence, Lighting or Alarms
- Hurricane or Storm Shutters
Pool
- Heated Infinity Pool
- Heated Lap Pool
- Swim Spa
- In Ground Spa
- Saltwater Pool
Outdoor Features
- Water access To Gulf or Ocean
- River Access
- Access To Bayou
- No Wake Zone
- Boat Lift
- Covered Boat Lift
- Dock has access to electricity and water
- Dock made with Composite Material
- Courtyard
- Covered Patio or Porch
- Outdoor Kitchen
- Exterior Lighting
- Outdoor Storage
- Outdoor Grill
- Rain Gutters
Additional Homes
- Additional Residence on Property
Schools
- Tarpon Springs Elementary School
- Tarpon Springs Middle School
- Tarpon Springs High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Propane
- Thermostat
- Water Filtration System
- Gas Water Heater
- Water Purifier
- Water Softener
- Cable TV Available
Community Details
- No Home Owners Association
- Sunset Hills Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 4 / 1
- Assessor Parcel Number 11-27-15-87786-001-0060
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $38,667 | $2,201,828 | -- | -- |
| 2024 | $49,633 | $2,139,775 | -- | -- |
| 2023 | $49,633 | $2,687,623 | $914,504 | $1,773,119 |
| 2022 | $31,900 | $1,689,871 | $557,419 | $1,132,452 |
| 2021 | $30,842 | $1,562,697 | $0 | $0 |
| 2020 | $32,604 | $1,630,052 | $0 | $0 |
| 2019 | $33,491 | $1,660,274 | $603,344 | $1,056,930 |
| 2018 | $35,337 | $1,733,872 | $0 | $0 |
| 2017 | $34,538 | $1,729,099 | $0 | $0 |
| 2016 | $31,286 | $1,490,770 | $0 | $0 |
| 2015 | $31,554 | $1,479,900 | $0 | $0 |
| 2014 | $28,692 | $1,331,097 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/22/2026 01/22/26 | Price Changed | $2,800,000 | +7.7% | $355 / Sq Ft |
| 07/02/2025 07/02/25 | For Sale | $2,600,000 | 0.0% | $330 / Sq Ft |
| 07/01/2025 07/01/25 | Off Market | $2,600,000 | -- | -- |
| 06/16/2025 06/16/25 | Price Changed | $2,600,000 | -11.9% | $330 / Sq Ft |
| 02/24/2025 02/24/25 | Price Changed | $2,950,000 | -1.7% | $374 / Sq Ft |
| 01/02/2025 01/02/25 | For Sale | $2,999,950 | -- | $380 / Sq Ft |
About the Listing Agent
Curt believes you are deserving and capable of owning your own home. His goal at Align Right Realty is to educate and guide you as you realize your real estate dreams. To achieve that goal, he provides his team industry leading training, technology, marketing, and branding tools paired with unmatched office support and culture, thus equipping his team to serve your residential and commercial real estate needs and provide an excellent experience. Whether you are buying or selling, your first
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Ask me questions while you tour the home.