518 Riverside Dr, photo 1
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Overview

8 bd8 ba7,886 sqft6 car garageSingle Family
TypeSingle Family
HOANone listed
Built1999
Lot98,219 sqft
Living area7,886 sqft
Price / sqft$355
Garage6 car

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

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), 646 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
646 days
Annual tax
$38,050
Flood zone
X · Low risk
Lot
98,219 sqft
Type
Single Family Residence

At a glance

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

Payment

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

Details

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
646
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 file Flood 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

Price history

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

Neighborhood

518 Riverside Dr
Tarpon Springs, FL, 34689 · 34689 - Tarpon Springs

Market insights

Offer Insights

Choose an offer strength

List price: $2,800,000
$2.75M – $2.80M
98.4% – 100% of listTops out right at the list price
80% of listList price
92 of the last 183 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 646 after a $199,950 cut.

Sample: 183 closed home sales in 34689 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

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.

Quick answers.

Price

$2,800,000

$355 per sq ft

Beds and baths

8 beds, 8 baths

Size

7,886 sq ft

Time on market

646 days

Year built

1999

Monthly payment

About $19,174/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $38,050 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

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Brokered byIMPACT REALTY TAMPA BAYListing agent: Curt ChandlerListing data from Stellar MLS, MLS# TB8319572.

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