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Riverfront living at its finest in the heart of downtown New Port Richey. Welcome to 5809 Rio Drive, a fully renovated, double lot waterfront estate offering exceptional indoor, outdoor living, modern upgrades throughout, and one of the most impressive backyards on the river.
This meticulously updated home features a pavered double driveway, refreshed exterior, and all major mechanicals updated including roofs and HVAC systems. Inside, you’ll find tile flooring throughout, plantation shutters, double-pane windows, modern trim, fresh paint, and solar tubes that flood the home with natural light. The open family room flows seamlessly into the chef’s kitchen, complete with quartz countertops, all wood cabinetry, brand new appliances, oversized island seating, and a custom coffee bar perfect for entertaining. The primary suite offers a spacious retreat with double closets, slider access to the backyard, custom built ins, and a beautifully remodeled bathroom featuring frameless glass, modern brass finishes, and a rain shower. Two additional bedrooms and a fully updated bathroom are located upstairs, all finished with matching tile and thoughtful details. A standout feature of this property is the private in law suite, functioning as a second primary bedroom with its own entrance, full kitchen, built-in closets, solar tube, and remodeled bathroom ideal for multi generational living or long term guests. Additional living spaces include a flexible multipurpose room with sliders on both sides and a charming tiled patio overlooking the river. A renovated pool bath with full shower and outdoor access adds convenience for entertaining. Step outside to a resort style backyard designed for unforgettable waterfront living. Enjoy a heated, recently refinished pool, expansive pavers, refreshed pool cage, outdoor living room with TV, and an incredible tiki bar featuring double TVs, refrigeration, built in grill, and covered seating. The fully fenced double lot provides exceptional width and privacy, complete with irrigation, matching storage shed, fire pit area, and Adirondack seating. On the water, you’ll find a floating dock, 10, 000lb boat lift, and a recently redone seawall perfect for boating, sunset cruises, and enjoying the river lifestyle. This property delivers a rare combination of turnkey condition, flexible living spaces, and unmatched outdoor amenities. A truly complete riverfront home designed for comfort, entertaining, and making memories.
(Roof-2021)(A/C-2018)(W/H-2017)(Seawall-2018) (Boatlift-2020) (Floating Dock-2021)
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Our Executive Mortgage Banker:
Our Insurance Division:
$965,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $772,000 | $772,000 | $772,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 5.750% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 5.585% | 5.806% |
| Monthly Tax Payment | $1,046 | $1,046 | $1,046 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,323 | $4,505 | $6,359 |
| Total Monthly Payment | $5,461 | $5,643 | $7,497 |
* 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.