518 RIVERSIDE DRIVE TARPON SPRINGS FL 34689 MLS #TB8319572

518 RIVERSIDE DRIVE
TARPON SPRINGS, FL, 34689
$2,800,000
8 Beds
7 Baths
7,886 SqFt
2.25 Acres
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MLS #TB8319572 image #0
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 Details

Price:
$2,800,000
MLS #:
TB8319572
Status:
Active
Beds:
8
Baths:
7
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
SUNSET HILLS
Neighborhood:
34689tarponsprings
Listed Date:
Jan 2, 2025
Finished Sq Ft:
7,886
Total Sq Ft:
11,279
Lot Size:
98,219 sqft / 2.25 acres (approx)
Year Built:
1999
WaterfrontPool34689 – Tarpon Springs34689tarponspringsSunset HillsTarpon Springs Elementary-pnTarpon Springs Middle-pnTarpon Springs High-pnWaterCheck With The City Of Tarpon SpringsNo Minimum

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Schools

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

Interior

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
Bathrooms
6 Full Bathrooms, 2 Half Bathrooms
Cooling
Central Air
Flooring
Carpet, Ceramic Tile, Laminate, Hardwood
Heating
Central, Propane
Laundry Features
Laundry Room

Exterior

Construction Materials
Block, Stucco, Wood Frame
Exterior Features
Courtyard, Garden, Hurricane Shutters, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Rain Gutters, Storage
Other Structures
Additional Single Family Home, Outdoor Kitchen, Storage
Parking Features
Golf Cart Parking, Guest
Roof
Slate
Security Features
Security Fencing/Lighting/Alarms, Security Gate, Security Lights

Financial

Tax Year
2023
Taxes
$38,050

Map

Community

Subdivisions in TARPON SPRINGS

Market Summary

Current real estate data for Single Family in TARPON SPRINGS as of Mar 19, 2026
267
Single Family Listed
119
Avg DOM
296
Avg $ / SqFt
$703,346
Avg List Price

Property Summary

    Located in the SUNSET HILLS subdivision, 518 RIVERSIDE DRIVE TARPON SPRINGS FL is a Single Family for sale in TARPON SPRINGS, FL, 34689. It is listed for $2,800,000 and features 8 beds, 7 baths, and has approximately 7,886 square feet of living space, and was originally constructed in 1999. The current price per square foot is $355. The average price per square foot for Single Family listings in TARPON SPRINGS is $296. The average listing price for Single Family in TARPON SPRINGS is $703,346. To schedule a showing of MLS#tb8319572 at 518 RIVERSIDE DRIVE in TARPON SPRINGS, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.

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518 RIVERSIDE DRIVE
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