5736 COLONIAL DRIVE
NEW PORT RICHEY, FL 34653
About this home
High & Dry Waterfront Beauty – Fully Remodeled and Solar-Powered! This beautifully updated waterfront home stood strong through Hurricanes Helene and Milton — high and dry with absolutely no damage! Nestled in an established, quiet lakefront community, this move-in-ready home has been completely remodeled with quality finishes and modern style. Step inside to find luxury waterproof wood and tile flooring throughout, a stunning new kitchen with modern cabinetry, premium granite countertops, and stainless steel appliances. There are two brand-new full bathrooms — one featuring a relaxing soaking tub and the other a sleek new walk-in shower. The oversized covered back porch is perfect for entertaining, with plenty of room for your grill, dining set, and lounge furniture. The huge backyard offers endless possibilities and includes a freestanding building ideal for a workshop, studio, or extra storage. Mature shade trees frame a serene lake view that can be beautifully opened up with light landscaping. This home also includes an advanced, fully paid premium water softening system, new furniture (negotiable), and a state-of-the-art $32,000 solar power system — paid in full! Major updates include a new roof (2021) and new A/C (2019/2020). Best of all — No HOA, No CDD, No Deed Restrictions, and NOT in a flood zone. With potential for 3 bedrooms and 2 full baths, this property offers incredible flexibility — whether you’re looking for a primary home, vacation retreat, or income-producing rental (short or long term). Truly the best of Florida living — modern comfort, freedom, and peace of mind — all in one beautiful lakefront package.
Facts & features
Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,542 sqft
- Heating
- Central, Electric
- Cooling
- Central Air
- Flooring
- Ceramic Tile, Wood
- Stories
- 1
- Features
- Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Stone Counters
- Appliances
- Dishwasher, Range, Refrigerator
Exterior & lot
- Lot size
- 8,005 sqft (0.18 ac)
- Roof
- Shingle
- Construction
- Block, Stucco
- Exterior
- Balcony, Storage
Parking
- Garage
- 1 space
Financial
- Annual tax
- $3,809 (2024)
- Price / sqft
- $226/sqft
Utilities
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Connected, Public
Property
- Property type
- Single Family
- Year built
- 1973
- Subdivision
- RIVERSIDE SUB
- County
- Pasco
Listing
- Status
- Active
- Days on market
- 361 days
- MLS #
- MFR756552148
- Source
- Stellar MLS
Listed by Gabor Geszti · FUTURE HOME REALTY
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
Based on 26 comparable sales within 3 miles of NEW PORT RICHEY, FL, this home is priced under RENA ValiQ.
Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $1,765/mo
- Property tax
- $317/mo
- Home insurance
- $0/mo
Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own bill; insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Apr 13, 2026 | Price reduced | $349,000 | −$16,000 |
| Apr 17, 2025 | Listed | $365,000 | — |
NeighbourhoodSample data
Reference scores for NEW PORT RICHEY, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.
Location
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