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518 RIVERSIDE DRIVE
Tarpon Springs, FL 34689
FOR SALE · Active
$2,800,000
$355 / Sqft
8
Beds
8
Baths
6
Garage
7,886
Sqft
2.25
Acres
MLS# TB8319572
Cumulative Days on Market: 656 · Includes prior listings · Currently listed since 01/02/25 · Data provided by the MLS.

Property Description

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

Property Highlights

Property Type
Residential
Property Sub Type
Single Family Residence
Bedrooms
8
Total Bathrooms
8
Living Area
7,886 Sqft
Price / Sqft
$355
Acres
2.25
Year Built
1999
Cumulative Days on Market
656

Location

Area
34689 - Tarpon Springs
City/Township
TARPON SPRINGS
Direction Faces
North
Water View
Yes
Waterfront
Yes
View
Water, Gulf/Ocean - Partial
Subdivision
SUNSET HILLS
County
Pinellas

Lake/Waterfront Information

Waterfront Features
Bayou, Gulf/Ocean, Intracoastal Waterway, River Front
Water View
Yes

Property Details

Price
$2,800,000
Property Type
Residential
Property Sub Type
Single Family Residence
Flood Zone Code
X

Building

Levels
Three Or More
Stories
3
Total Area
11,279 Sqft

Community

Local Schools

Elementary School
Tarpon Springs Elementary-PN
Middle School
Tarpon Springs Middle-PN
High School
Tarpon Springs High-PN

Interior Features

Bedrooms and Bathrooms

Total Bathrooms
8
Full Bathrooms
6
1/2 Bathrooms
2
Bedrooms
8

Rooms and Basement

Basement Features
Finished, Full

Area and Spaces

Living Area
7,886 Sqft

Appliances

Appliances
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

Interior Features

Interior Features
Crown Molding, Dry Bar, Dumbwaiter, Open Floorplan, Sauna, Stone Counters, Thermostat, Walk-In Closet(s), Wet Bar, Window Treatments
Flooring
Carpet, Ceramic Tile, Laminate, Wood
Laundry Features
Laundry Room
Security Features
Security Fencing/Lighting/Alarms, Security Gate, Security Lights
Fireplace Features
Gas, Wood Burning

Heating and Cooling

Heating Features
Central, Propane
Has Fireplace
Yes

Building Details

Construction

Year Built
1999
Foundations
Block, Crawlspace, Slab

Materials

Construction Materials
Block, Stucco, Frame
Roof
Slate

Terms

Terms

Ownership
Fee Simple
Special Conditions
None
Cumulative Days on Market
656

Taxes

Tax

Tax (Annual)
$38,050.48

Heating, Cooling & Utilities

Cooling Features
Central Air

Utilities

Utilities
Cable Available, Electricity Available, Public, Sewer Available, Water Available
Sewer
Public Sewer
Water Source
Public

Lot

Acres
2.25
Lot Size Area Sq Ft
98,219
Lot Dimensions
124x237
Number of Lots
3
Road Surface
Paved

Exterior Features

Exterior Features
Courtyard, Garden, Hurricane Shutters, Lighting, Outdoor Grill, Outdoor Kitchen, Rain Gutters, Storage
Patio And Porch Features
Covered, Front Porch, Rear Porch

Parking

Garage Capacity
6
Parking Features
Golf Cart Parking, Guest

Pool Features

Has Private Pool
Yes
Pool Features
Heated, In Ground, Infinity, Lap, Salt Water
Spa
Yes
Spa Features
In Ground, Swim Spa
Listed by Impact Realty Tampa Bay, 813-321-1200
Listing Data last updated 10/21/2026 03:20 pm
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Property History

5 days ago
Property information last updated
272 days ago
Date of last price change
657 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 656 days (includes prior listings) · Currently listed since January 2, 2025. Data provided by the MLS.

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