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$1,800,000
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Property Description
Rare opportunity for an elevated waterfront pool home, with abundant dockage and an *attached buildable waterfront lot*. This coastal-themed beauty with *elevator* has had a full remodel and addition done since 2020. The elevated main living floor has a generous kitchen with large island, wall ovens, ice maker, smart hood with TV display, trash compactor, and counterspace for all your projects. The lower cabinets are outfitted with pull-outs for easy access. Adjacent great room with cathedral ceiling and floor to ceiling windows can be used for dining or gathering around the modern electric fireplace. Conveniently located on the same floor are three bedrooms, two bathrooms, and the dedicated laundry room. The primary retreat has water views and access to your outside deck. There will be no fighting for storage in the oversized primary closet, with built-in organizers including a crafting desk and sewing cabinet, and the primary bathroom has still more storage for two, large shower and clawfoot tub, plus water closet still provides privacy. Upstairs loft area has another dedicated seating area, a movie-watching space with ceiling projector and surround audio, and private office area with Gulf views, while the glass railings allow natural light access all of the space. With upgraded vinyl impact windows and sliders, watch manatees and dolphins play behind your home while enjoying the noise and energy benefits of the insulated glass. Outside there are two 10,000lb boat lifts, jet ski lift, a floating dock, and davits for your fleet of red-fish catching boats. The pool and deck were also remodeled, and you'll enjoy relaxing on the built-in sun shelf or entertaining under the covered patio, which includes a weather enclosure for your outdoor TV. A dedicated irrigation well means the landscaping is easy to maintain without a separate water bill! Not included in the listing living sqft is your downstairs GAME ROOM/guest room, with full updated bathroom inc walk-in shower for easy washing after boating or pool days, and concrete wall panels up to 6' so you don't have to worry about drywall below the main living floors. The garage has room for 3+ cars, work bench, plus large storage area, all the electrical outlets a hobbyist could need, and even a sliding hoist. No need to pay for trailer or boat storage, there's room in your empty lot to park your toys on the gravel side drive. The HVAC, metal roof, impact windows/sliders, docks, lifts, SEAWALL, pool/deck surfacing, landscaping have all been redone since 2020. Low flood insurance currently at $1800/yr, with all your primary living space is on the elevated floors! Just a short boat ride from home will have you to the island of Anclote SP for beautiful uncrowded beaches or amazing flats fishing at Werner-Boyce SP. The City of Port Richey is a golf-cart permitted city and just a short cart ride from shopping, waterfront dining, and three parks with playgrounds, kayak launches, and fishing. The City also has its own police/fire depart, and city council for that small town feel but close to all big city amenities. Downtown NPR has many eateries and outdoor events just down Grand Blvd. When you need big city, Tampa airport/downtown is direct via Ridge Road Extension to the Veterans, where Moffitt Cancer Center is currently building their new medical campus. Don't miss all of the outdoor adventures this property has to offer while enjoying living above the floodplain. 3D Tour in link
Full Property Details
Full Property Details for 5040 Waterside Dr
General
- Price: $1,800,000
- Taxes: $12,821 (2024)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: W7875122
- Updated: 10/9/2025
- Added to Site: 261 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 7
- Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), Elevator, High Ceilings, Kitchen and Family Room Combination, Primary Bedroom Main Floor, Smart Home, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
- Fireplace: Yes
- Fireplace(s): Electric, Non Wood Burning
- Appliances: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Trash Compactor, Washer
- Flooring: Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside, Laundry Room, Upper Level
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Deck, Gunite, In Ground, Pool Sweep
Exterior
- Exterior Features: Balcony, Irrigation System, Lighting, Sliding Doors, Storage
- Deck/Patio: Covered, Deck, Rear Porch
- Porch/Patio/Deck: Covered, Deck, Rear Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Parking Features: Boat, Driveway, Garage Door Opener, Ground Level, Oversized
Location
- Area: 34668 - Port Richey
- County: Pasco
- Development Name: 34668 - Port Richey
- Subdivision: HARBOR ISLES 2ND ADD
- Driving Directions: US-19 to Ridge Rd, West on Bay Blvd. Bay Blvd to Channel Dr, turn right onto Channel Dr, Right onto Waterside Dr. Property is on the right at the corner of Waterside Dr and Island Dr.
- Direction Faces: North
School Information
- Elementary School: Richey Elementary School
- Middle School: Chasco Middle-PO
- High School: Gulf High-PO
Community
- Community Name: 34668 - Port Richey
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water District: PITHLACHASCOTEE RIVER
- Water: Public
- Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Connected, Fiber Optics, Fire Hydrant, Public, Sewer Connected, Sprinkler Well, Street Lights, Water Connected
Structural Information
- Architectural Info: Key West
- Architectural Style: Key West
- Exterior Const.: Concrete, HardiPlank Type, Stucco, Wood Frame
- Roof: Metal
- Windows: Blinds, Double Pane Windows, Insulated Windows, Shutters, Storm Window(s), Window Treatments
- Stories/Levels: Three Or More
- Square Feet: 3,152
- Sq. Ft. Source: Appraiser
- Year Built: 1985
Lot Features
- Property View: Water
- Lot Size (Acres): 0.56
- Lot Size (Sq. Ft.): 24,178
- Lot Size: 24178
- Lot Dimensions: 180 x 100
- Frontage: Street Paved
- Street/Road Desc.: Paved, Asphalt
- Fencing (Description): Fenced
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Canal - Saltwater, River
- Water Extras: Yes
- Water Front Name: PITHLACHASCOTEE RIVER
- Water Front Desc.: Saltwater Canal
Green Features
- Energy Efficient: Windows
Financial Considerations
- Tax Amount: $12,821.16
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: HARBOR ISLES 2ND ADD PB 9 PG 45 LOT 103 & 104
- Flood Zone Info: AE
- APN: 1625290510000001030
- Property ID: 1625290510000001030
- Block/Lot/Section: O
Listed by Snap Realty Llc
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Schools
Schools serving 5040 Waterside Dr
School District:Pasco County School District
| Name | Grades | Distance |
|---|---|---|
Richey Elementary School 6850 Adams Street, New Port Richey, FL 34652 | K-5 | 1.5 mi |
Chasco Middle School 7702 Ridge Road, Port Richey, FL 34668 | 6-8 | 2.7 mi |
Gulf High School 5355 School Road, New Port Richey, FL 34652 | 9-12 | 2.9 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 5040 Waterside Dr
Date
Details
Price
Change
Source
10/09/2025
Price Reduced
$1,800,000
-9.55%
MLS
5/01/2025
Listed
$1,990,000
368.24%
MLS
4/28/2017
Sold
$425,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5040 Waterside Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$18,044
41%
$865,741
33%
2024
$12,821
1%
$649,500
3%
2023
$12,716
18%
$630,590
11%
2022
$10,777
2%
$566,570
4%
2021
$10,515
3%
$546,570
5%
2020
$10,206
67%
$522,870
52%
2019
$6,125
2%
$343,440
2%
2018
$6,024
31%
$337,042
28%
2017
$4,605
1%
$263,930
2%
2016
$4,547
-1%
$258,501
—
2015
$4,594
4%
$258,758
2%
2013
$4,401
—
$254,667
—
2013
$4,401
—
$255,168
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5040 Waterside Dr
5040 Waterside Drive, Port Richey, FL 34668 (MLS# W7875122) is a Single Family property with 3 bedrooms and 3 full bathrooms. 5040 Waterside Drive is currently listed for $1,800,000 and was received on May 01, 2025. Want to learn more about 5040 Waterside Drive? Do you have questions about finding other Single Family real estate for sale in Port Richey? You can browse all Port Richey real estate or contact a Coldwell Banker agent to request more information.

