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$270,000
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Property Description
If it's become a challenge to find PEACE AND TRANQUILITY in an AFFORDABLE HOME, you haven't discovered Riverwalk Preserve on the Cotee River. This beautifully manicured 54-unit townhome community is surrounded by the meandering Cotee River, woodland preserve, a natural wetland pond, and acres of farmland. This reasonably priced 2-bedroom, 2.5-bath townhome is like new, with high ceilings, updated appliances, HIGH-END FINISHES like granite counters and luxury vinyl floors (no carpeting!) and features an overall contemporary design with relaxing colors that are hard to find without having to go through costly and time-consuming renovations. Its first level is an open floor plan with a "cook's dream" kitchen with solid wood, soft-close cabinetry, new wi-fi stove with features such as an air fryer and convection oven; dishwasher; and French door refrigerator with wifi and in-door ice and water. The dining area, with a large in-wall storage area, flows into the living room where you can lounge and watch nature in the greenery and flowering plants right outside the door. All slider doors and windows are PGT HURRICANE-RATED, IMPACT RESISTENT, as well as the hurricane-rated garage door, producing lower homeowners insurance costs, and there is NO CDD added to your annual tax bill like the nearby new-built homes are burdened with. There was no damage or flooding during the hurricanes of the past few years, and flood insurance is not required by lenders. The slider door leads to a spacious, screened lanai and then out to a large outdoor patio area great for barbecues and sunbathing in the PRIVACY OF LUSH PLANTS and hedges. Divider fences on each side add to your privacy. A half bath downstairs is another great feature of this beautiful 2-level townhome. Upstairs there's a roomy loft that could be an office, kids' play area or a den. The two large bedrooms are on opposite ends of the home and each has a full bathroom with tile floors and granite-topped cabinets with plenty of drawers for storage. A laundry closet is handily located near the bedrooms in the hallway and contains shelving for storage and clothes hanging. New cellular blinds were installed recently on all windows and the downstairs slider. Upgraded, new ceiling fans are another recent addition as well as a new screen door on the front of the house, bringing in added light and a cross breeze for the milder months of the year. The LOW HOA includes all outdoor maintenance, a beautiful pool and hot spa tub with bathrooms and an outdoor kitchen to entertain friends, public water/sewer, roof replacements, termite bond and regular pest maintenance, and Spectrum internet and cable TV. Riverwalk is also a PET-FRIENDLY COMMUNITY that allows large dogs. The bordering Cotee River and county-owned nature preserve is a short walk away where you can fish, kayak, and see manatees, turtles and birds of all kinds along a wooded walking trail. While you enjoy tranquility and peace at home, downtown New Port Richey with its new restaurants, shops and nightlife is only a couple of miles away by car or golf cart. Don't miss out on the beauty and convenience of this maintenance-free community and this stunning upgraded townhome. Make it your Next Home!
Full Property Details
Full Property Details for 5498 Riverwalk Preserve Dr
General
- Sold For: $270,000
- HOA FEE: $321/month
- Taxes: $1,767 (2024)
- Status: Closed
- Type: Townhouse
- Source: MidFloridaRegionalMLS
- MLS ID: TB8415271
- Added to Site: 163 day(s) ago
Rental Information
- Min. Lease: 7 Months
Interior
- Number of Rooms: 7
- Interior Features: Ceiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
- Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
- Flooring: Ceramic Tile, Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Laundry Closet, Upper Level
Additional Information
- Pool Description: In Ground, Lighting, Outside Bath Access
- Spa: Yes
- Spa Description: Heated, In Ground
Exterior
- Exterior Features: Dog Run, Irrigation System, Lighting, Rain Gutters, Sidewalk, Sliding Doors
- Deck/Patio: Covered, Enclosed, Patio, Rear Porch, Screened
- Porch/Patio/Deck: Covered, Enclosed, Patio, Rear Porch, Screened
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Common, Driveway, Garage Door Opener, Ground Level, Guest, Off Street
Location
- Area: 34653 - New Port Richey
- County: Pasco
- Development Name: 34653 - New Port Richey
- Subdivision: RIVERWALK PRESERVE
- Driving Directions: From SR-54 to Rowan Rd north, turn right on Baillie Dr, turn left on Riverwalk Preserve Dr., go left onto circle road, unit on the left.
- Direction Faces: Southeast
School Information
- Elementary School: Cotee River Elementary-PO
- Middle School: Gulf Middle-PO
- High School: Gulf High-PO
Community
- Community Name: 34653 - New Port Richey
- Community Features: Dock, Fishing, River, Water Access, Waterfront, Association Recreation - Owned, Buyer Approval Required, Community Mailbox, Deed Restrictions, Dog Park, Golf Carts OK, Pool, Sidewalks
- Association: Yes
- Assoc. Name: Tom Conner, Sentry Property Management
- Assoc. Fees Include: Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Internet, Maintenance Structure, Maintenance Grounds, Pest Control, Pool Maintenance, Private Road, Sewer, Water
- Number of Pets: 2
- Pet Restrictions: Contact property manager for specific rules and regulations.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water District: COTEE RIVER
- Water: Public
- Utility Description: Cable Connected, Fire Hydrant, Public, Sewer Connected, Sprinkler Well, Street Lights, Underground Utilities, Water Connected
Structural Information
- Architectural Info: Contemporary
- Architectural Style: Contemporary
- Exterior Const.: Block, Stucco, Vinyl Siding, Wood Frame
- Roof: Shingle
- Windows: Double Pane Windows, ENERGY STAR Qualified Windows, Insulated Windows, Low-Emissivity Windows, Shades
- Stories/Levels: Two
- Square Feet: 1,511
- Sq. Ft. Source: Public Records
- Living Area: 1,511 Sq. Ft.
- Year Built: 2019
Lot Features
- Property View: Garden
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,216
- Lot Size: 1216
- Frontage: Street Paved, Private Road
- Street/Road Desc.: Paved, Asphalt
Water Features
- Water Front: Yes
- Water Front Name: COTEE RIVER
- Water Front Desc.: Waterfront, Pond
Financial Considerations
- Association Fee: $321
- Assoc Fee Freq.: Monthly
- Assoc Fee Desc.: Required
- Tax Amount: $1,767.91
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: RIVERWALK PRESERVE PB 75 PG 140 LOT 45
- Flood Zone Info: X500
- APN: 1626100090000000450
- Property ID: 1626100090000000450
Listed by Nexthome Gulf Coast
Sold by Re/Max Champions
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Schools
Schools serving 5498 Riverwalk Preserve Dr
School District:Pasco County School District
| Name | Grades | Distance |
|---|---|---|
Cotee River Elementary School 7515 Plathe Road, New Port Richey, FL 34653 | K-5 | 0.7 mi |
Gulf Middle School, New Port Richey, FL 6419 Louisiana Avenue, New Port Richey, FL 34653 | 6-8 | 1.2 mi |
Gulf High School 5355 School Road, New Port Richey, FL 34652 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5498 Riverwalk Preserve Dr
Date
Details
Price
Change
Source
12/08/2025
Sold
$270,000
-1.78%
MLS
10/01/2025
Price Reduced
$274,900
-1.79%
MLS
8/08/2025
Listed
$279,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5498 Riverwalk Preserve Drive, New Port Richey, FL 34653 (MLS# TB8415271) is a Townhouse property that was sold at $270,000 on December 08, 2025. Want to learn more about 5498 Riverwalk Preserve Drive? Do you have questions about finding other Townhouse real estate for sale in New Port Richey? You can browse all New Port Richey real estate or contact a Coldwell Banker agent to request more information.

