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Property for sale at 5040 WATERSIDE DRIVE, PORT RICHEY, FL, 34668
Property for sale at 5040 WATERSIDE DRIVE, PORT RICHEY, FL, 34668
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5040 Waterside DrivePort Richey, FL, 34668

3beds
3baths
3,152sqft
Single Family Residence
Built in 1985
$1,599,900
For sale
$1,990,000−$390,100 (20%)
Price per sqft
$508
Days on market
539
Listed
May 2, 2025
Last reduction
−$100
Oct 6, 2026
MLS #W7875122Updated Oct 6, 2026

About this property

Virtually Staged. Elevated waterfront pool home, abundant dockage, attached buildable waterfront lot, one canal off the river! 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 have 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, 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. Buyer to verify all room sizes/suitability.

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Property details

Property type
Single Family Residence
Street address
5040 Waterside Drive
City
Port Richey
State
FL
ZIP code
34668
Year built
1985
New construction
No
Faces
North
Rooms
7
Building stories
3
Living area
3,152 sqft
Total building area
5,069 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 October 20, 2026 at 8:01 AM EDT

Price & sale history

Asking price reduced by $390,100 (19.6%) since first listed.

EventPrice
Price reducedMLS #W7875122$1,599,900Change: −19.6%−$390,100
Listed for saleMLS #W7875122$1,990,000
History may be incomplete.
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Property for sale at 5040 WATERSIDE DRIVE, PORT RICHEY, FL, 34668
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