Listing Details for MLS #TB8472238
5470 Riverwalk Preserve Drive, New Port Richey, Fl

Residential Property - Townhouse in New Port Richey

Listing Price: $344,900 (Mortgage Calculator →)Days on Market: 1Cumulative Days on Market: 62

Description of Property

Exceptional Value Opportunity — Seller will pay HOA dues through the end of 2026. Discover refined Florida living at 5470 Riverwalk Preserve Drive, an elegantly appointed 3-bedroom, 2.5-bath, 2-car garage townhome nestled within the highly desirable Riverwalk Preserve community. Surrounded by the tranquil beauty of the winding Cotee River, protected woodland preserves, natural wetlands, and open farmland, this residence offers a rare blend of privacy, serenity, and modern convenience. Spanning nearly 2,000 square feet, this thoughtfully designed home showcases an open-concept layout enhanced by upgraded wide-plank luxury wood flooring that seamlessly connects the main living spaces. The kitchen is a chef's delight with both style and function, featuring extended granite countertops, soft-close cabinetry, stainless steel appliances, a spacious pantry, and an inviting breakfast bar perfectly suited for both everyday living and effortless entertaining. The expansive living area opens to a screened lanai overlooking a peaceful conservation setting. A newly installed powered awning (2025) enhances comfort and shade, creating a private outdoor retreat ideal for morning coffee, evening relaxation, or entertaining guests while enjoying tranquil nature views. The first-floor primary suite offers a private sanctuary, complete with a generous walk-in closet and a well-appointed en-suite bath designed for comfort and relaxation. Upstairs, a versatile loft provides additional flexible living space ideal for a media lounge, family retreat, or executive home office. Two additional bedrooms offer comfort and flexibility for family, guests, or workspace needs. Constructed to current hurricane safety standards, this residence includes impact-resistant windows and doors, a reinforced post-tension foundation for enhanced structural integrity, and advanced fire and sound protection within the walls. A water softener was installed in 2022, adding further convenience and efficiency. Riverwalk Preserve is a pet-friendly, maintenance-free community offering residents access to scenic walking trails along the Cotee River and adjacent county nature preserves, providing opportunities for kayaking, fishing, and enjoying Florida’s natural beauty. No flood insurance is required, and there are no CDD fees. The low HOA fee includes exterior maintenance, roof replacement, termite bond, Spectrum internet and cable, public water and sewer, and access to the resort-style community pool and spa. Ideally positioned near Starkey Wilderness Preserve, James E. Grey Preserve, Trinity Town Center, HCA Florida Trinity Hospital, vibrant Downtown New Port Richey, Gulf Coast beaches, and Tampa International Airport, this home offers the perfect balance of luxury, lifestyle, and location.The average asking price for a 3 bedroom/2 bath townhouse in this Zip code is $325,864. This townhouse is listed at about 106% of the average asking price. There are 4 3 bedroom/2 bath homes between $300,000 and $400,000 currently listed for sale in this Zip code. See other listings like this one »