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Spanning nearly 4, 300 square feet on approximately . 60 acres with an extraordinary 170 feet of river frontage, this is one of the Cotee River's truly distinctive properties. Custom-built in 1990 for a prominent local physician and thoughtfully refined over the years, the home offers a level of architectural character, scale, and presence rarely found at this price point.
Designed for both grand entertaining and everyday enjoyment, the layout creates a natural connection between its expansive interior living spaces and prodigious outdoor environment. Timeless red brick architecture, soaring ceilings, and large gathering areas create a home that feels both impressive and inviting. At the heart of the home, the expansive kitchen features extensive custom cabinetry, double wall oven, and a seamless connection to the adjoining wet bar and main living spaces. These areas flow effortlessly toward the resort-style backyard, where the covered lanai, waterfall-enhanced screened pool, outdoor kitchen, mature landscaping, and riverfront setting combine to create an experience rarely found.
Designed with a private owner's wing that serves as a retreat of its own, featuring a spacious bedroom with fireplace, multiple custom closets, a beautiful spa-inspired bath featuring an enormous custom walk-in shower, along with one of the home's most memorable features—a private outdoor sanctuary with a soaking tub and sitting area designed for relaxing beneath the stars. Just off the suite is a charming private retreat space ideal as a nursery, dressing lounge, make-up room, or quiet sanctuary. Included within the primary suite is a walk-in vault that doubles as a safe room.
Upstairs features two spacious bedrooms and a shared full bath connected by a versatile loft space, creating a multi-purpose area for children's toys or a secondary living space.
Outside, the property reveals itself as a true destination. Whether hosting family gatherings, holiday celebrations, sunset dinners, or quiet evenings by the pool, every space has been laid out to encourage connection, relaxation, and enjoyment of the waterfront setting. The beautifully illuminated nighttime ambiance further enhances the resort-like atmosphere, creating a property that feels equally special long after the sun goes down.
The river itself becomes an extension of the lifestyle. With abundant waterfront frontage and seawall, a private dock, boat lift, and direct Gulf access, the property offers exceptional opportunities for boating while maintaining a sense of space and waterfront presence rarely found on the Cotee River. The home remained high and dry during the area's recent historic flooding events and sits 12 feet above base flood elevation. Fully fenced grounds provide additional privacy and versatility, while a dedicated RV pad complete with water and electric hookups adds another layer of functionality rarely found on waterfront properties.
An oversized three-car garage provides ample space for vehicles, storage, and hobbies, while the restaurants, parks, and historic charm of Downtown New Port Richey are less than a mile away.
More than a luxury waterfront home, this is a one-of-a-kind custom estate designed to be lived in, shared, and remembered. Properties of this scale, character, and significance rarely become available on the Cotee River.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,799,000
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 | $1,439,200 | $1,439,200 | $1,439,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.251% | 6.086% | 6.183% |
| Monthly Tax Payment | $1,175 | $1,175 | $1,175 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,399 | $8,629 | $12,145 |
| Total Monthly Payment | $9,699 | $9,929 | $13,445 |
* 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.