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Property for sale at 518 RIVERSIDE DRIVE, TARPON SPRINGS, FL, 34689
Property for sale at 518 RIVERSIDE DRIVE, TARPON SPRINGS, FL, 34689
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518 Riverside DriveTarpon Springs, FL, 34689

8beds
8baths
7,886sqft
Single Family Residence
Built in 1999
$2,800,000
For sale
$2,999,950−$199,950 (7%)
Price per sqft
$355
Days on market
674
Listed
Jan 2, 2025
Last increase
+$200,000
Jan 22, 2026
MLS #TB8319572Updated Aug 7, 2026

About this property

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

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Property details

Property type
Single Family Residence
Street address
518 Riverside Drive
City
Tarpon Springs
State
FL
ZIP code
34689
Year built
1999
New construction
No
Faces
North
Rooms
14
Building stories
3
Living area
7,886 sqft
Total building area
11,279 sqft
Levels
Three Or More

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at November 7, 2026 at 4:17 PM EST

Price & sale history

Asking price reduced by $199,950 (6.7%) since first listed.

EventPrice
Price reducedMLS #TB8319572$2,800,000Change: −6.7%−$199,950
Listed for saleMLS #TB8319572$2,999,950
SoldMLS #U8131655$2,700,000
Listed for saleMLS #U8131655$2,995,000
History may be incomplete.
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Property for sale at 518 RIVERSIDE DRIVE, TARPON SPRINGS, FL, 34689
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