Discover the pinnacle of waterfront living with this extraordinary 4-bedroom, 3. 5-bathroom estate in the vibrant City of New Port Richey, offering direct Gulf access. Nestled along 80 feet of the serene Cotee River, this home has never flooded, not even during the recent hurricane—a testament to its superior location and craftsmanship.
Built over a century ago, this architectural masterpiece seamlessly blends historic charm with modern comfort. Set on more than half an acre, the estate is enveloped by Florida’s natural beauty, including mature palms, towering pines, and lush tropical landscaping. The exterior reflects lasting quality with a metal roof, stone construction, cypress wood shingles, and robust hardwood beams, ensuring a legacy of durability.
Step inside to experience the home's timeless appeal. The kitchen is both functional and welcoming, with an oak breakfast bar, greenhouse window, abundant cabinetry, a walk-in pantry, and a stylish tile backsplash. Oakwood floors adorn the first level, while pinewood brings warmth to the second. Throughout the home, built-in features provide both character and convenience, merging old-world elegance with modern functionality.
The formal dining room is a sophisticated haven, highlighted by a chandelier, stained glass windows, and a large picture window showcasing breathtaking river views. French doors lead to the lanai, offering a seamless flow for outdoor dining or peaceful riverfront relaxation. The living room stands as the heart of the home, featuring coffered wood-beam ceilings, a grand fireplace with a stone mantle, and elegant archways, creating an ambiance of timeless luxury.
Upstairs, you’ll find four generously sized bedrooms, two bathrooms, and a laundry room—providing comfort and convenience for all. A detached one-car garage with power and water offers exciting possibilities: imagine converting it into a charming vacation rental or a cozy in-law suite, perfectly positioned by the river.
This rare property invites you to own a piece of history where architectural elegance meets the tranquility of waterfront living—all while offering peace of mind from its impeccable, flood-free location. Don’t miss this unique opportunity to live your Florida dream!
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Our Executive Mortgage Banker:
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$675,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $540,000 | $540,000 | $540,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $757 | $757 | $757 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,593 | $3,589 | $4,630 |
Total Monthly Payment | $4,442 | $4,438 | $5,479 |
* 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.