Active
$2,800,000
Est. $19,174/mo

518 Riverside Dr, Tarpon Springs, FL, 34689

$355/sqft·Sunset Hills

8 bd8 ba7,886 sqft6 car garageSingle Family
Listed by IMPACT REALTY TAMPA BAY· Last updated · MLS# TB8319572

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

Est. monthly payment
$19,174/mo
Down payment (20%)
$560,000
Property taxes
$3,171/mo
Rate assumed
6.8% · 30 yr
View full breakdown

At a glance

Single family
3 stories · 1999
Waterfront
Bayou
Private pool
Heated
6 car garage
Golf Cart Parking
2.25 acres
Lot size

About this home

Crown MoldingDry BarDumbwaiterOpen FloorplanSaunaStone CountersThermostatWalk-in Closet(s)

518 Riverside Dr is a 1999-built home in Sunset Hills, Tarpon Springs. Inside you'll find 8 bedrooms, 8 bathrooms, and 7,886 square feet of living space. Listed at $2,800,000 (about $355/sqft), 581 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

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

The essentials

Built
1999
Price / sqft
$355
On market
617 days
Annual tax
$38,050
Flood zone
X · Low risk
Lot
98,219 sqft
Type
Single Family Residence

Location

518 Riverside Dr
Tarpon Springs, FL, 34689·34689 - Tarpon Springs
Type
Single Family Residence
Year Built
1999
Lot
98,219 sqft
Cooling
Central Air
Heating
Central, Propane
Parking
Golf Cart Parking, Guest
Pool
Heated, In Ground, Infinity, Lap, Salt Water
Waterfront
Bayou, Gulf/Ocean, Intracoastal Waterway, River Front
Days on Market
617
Crown Molding
Dry Bar
Dumbwaiter
Open Floorplan
Sauna
Stone Counters
Thermostat
Walk-in Closet(s)
Wet Bar
Window Treatments
Courtyard
Garden
Hurricane Shutters
Lighting
Outdoor Grill
Outdoor Kitchen
Rain Gutters
Storage
Bar Fridge
Built-in Oven
Convection Oven
Cooktop
Dishwasher
Disposal
Dryer
Electric Water Heater
Exhaust Fan
Freezer
Gas Water Heater
Ice Maker
Microwave
Range
Range Hood
Refrigerator
Water Filtration System
Water Purifier
Water Softener
Whole House R.o. System
Wine Refrigerator

Elementary

Tarpon Springs Elementary-PN

Middle

Tarpon Springs Middle-PN

High

Tarpon Springs High-PN

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on fileFlood Zone X

Annual Tax (2023)

$38,050

Parcel #

11-27-15-87786-001-0060

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Sunset Hills

County

Pinellas

MLS Area

34689 - Tarpon Springs

Lot Size

98,219 sqft

Date
Event
Price
1/22/2026
Price change
Source: Stellar MLS #TB8319572
$2,800,000+7.7%
$355/sqft
Price change
Source: Stellar MLS #TB8319572
$2,600,000-13.3%
$330/sqft
1/2/2025
Listed for sale
Source: Stellar MLS #TB8319572
$2,999,950
$380/sqft
Est. monthly payment$19,174/mo
Principal & interest$14,603
Property taxes$3,171
Insurance$1,400
Down payment20% · $560,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

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List price: $2,800,000
$2.75M – $2.80M
98.4% – 100% of listTops out right at the list price
80% of listList price
74 of the last 147 home closings in 34689 landed at this number or higher (50%). The median one sat 30 days before it went under contract, and this one is on day 617 after a $199,950 cut.

Sample: 147 closed home sales in 34689 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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