41 CYPRESS DRIVE, Palm Harbor, FL, 34684 | $929,900

This stunning custom-built waterfront home with a pool offers 5 bedrooms, 3 bathrooms, and a 2-car garage, making it ideal for the most selective buyer. Located on a wide, easily accessible canal leading to spring-fed Lake Tarpon, it includes a covered boat lift and tandem jet ski lift. The chef’s kitchen boasts elegant maple cabinets, stainless-steel GE Profile appliances like a double oven, and premium level 3 granite countertops and island. Next to the kitchen, the cozy family room offers a stone-accented fireplace and built-in surround sound. The ground floor also has a game room with a bar, a guest/pool bathroom, a fifth bedroom with an office desk setup, and a formal dining room. Heading upstairs, a classic wooden staircase leads to an open loft with hardwood floors, three additional bedrooms, a laundry room, a secondary bathroom, and the master suite. The master suite includes a walk-in California closet, a garden tub, a separate shower, dual granite-topped vanities, and sliding doors to a balcony overlooking the pool and waterway. Built to last, the home features block and stucco construction reinforced by 50 pilings and enhanced 2X6 framing on the second floor. The saltwater pool has a new heat pump, and the property is fenced with a durable corrugated vinyl seawall. The spacious dock, with an aluminum bar fence, offers additional outdoor entertainment space. The two-car garage includes a 220-volt electric car charging station, and the home is powered by a full solar panel system on the roof. The garage also connects to the home through a climate-controlled utility room, while a solar panel-powered water heater and Kinetico whole-home water filtration system complete the package. This unique home is perfectly located near world-famous beaches, great shopping, two airports, top-rated schools, Tampa, historic St. Petersburg, and the scenic springs and wilderness of the Nature Coast. Lake Tarpon, the largest lake in the tri-county area, offers fantastic fishing, boating, jet skiing, tubing, and boat-accessible lakefront dining, along with a slalom course for water sports enthusiasts. The lake's resistance to coastal flooding means flood insurance for this property is very affordable. Serving as both a family home and a lucrative short-term rental (earning $450-$579 a night as a 4-bedroom Airbnb, depending on the season), this property presents a rare chance to own a stunning, secure waterfront home. This sturdy residence remained dry and undamaged through the storms! Buyer's agents are welcome.

Features

  • Rooms: 10
  • Bedrooms: 5
  • Baths: 2 full / 1 half
  • Lot Size: 67 x 92
  • Laundry: Inside, Laundry Room, Upper Level
  • Year Built: 2005
  • Garage: 2-car Electric Vehicle Charging Station(s), Garage Door Opener
  • Heating: Central, Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 3,280
  • Acreage: 0.14
  • Lot Size: 67 x 92
  • Est. Taxes: $14,217
  • View: Water
  • Elem. School: Highland Lakes Elementary-PN
  • Middle School: Tarpon Springs Middle-PN
  • High School: Tarpon Springs High-PN
  • Pool: Auto Cleaner, Gunite, In Ground, Lighting, Salt Water
  • Pet Policy: Yes
  • Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Solar Hot Water, Washer, Water Filtration System
  • MLS#: W7868947
  • Days on Market: 436 days
  • Website: https://www.raveis.com
    /prop/W7868947/41cypressdrive_palmharbor_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/27/2025 2:33:23 PM)

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41 CYPRESS DRIVE, Palm Harbor, FL, 34684

$929,900

Joann Taft

Luxury Properties Specialist

William Raveis Real Estate

Phone: 781.217.4069

Joann.Taft@raveis.com

Michael Cartier

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 508.335.8179

Michael.Cartier@raveis.com

NMLS Mortgage Loan Originator ID 1017266

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $743,920 $743,920 $743,920
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.000% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.353% 6.121% 6.038%
Monthly Tax Payment $1,185 $1,185 $1,185
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,282 $4,460 $6,227
Total Monthly Payment $5,559 $5,737 $7,504

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.