Listing Details for MLS #OM689619
8531 Bass Lake Drive, New Port Richey, Fl

Residential Property - Single Family Residence in New Port Richey

Listing Price: $525,000 (Mortgage Calculator →)Days on Market: 3

Description of Property

Welcome to 8531 Bass Lake Drive, an exquisitely remodeled lakefront sanctuary nestled in the sought-after Bass Lake Estates of New Port Richey. This 4-bedroom, 4-bathroom home, with 2 bonus rooms that could serve as a home office, gym, formal dining room, or anything else you envision, offers endless possibilities for both personal enjoyment and income potential. With 2,379 square feet of meticulously updated living space, set on a 0.39-acre lot with 35 feet of pristine lakefront on Lake Worrell. Built on an incline above the lake, the home is protected from flooding and offers both breathtaking water views and direct lake access, making it the ideal getaway for vacationers or a peaceful home for year-round living. Whether you're looking for a personal sanctuary or seeking to capitalize on the thriving short-term rental market, this home has everything you need. Every element of this property has been thoughtfully redesigned, with all systems either brand new or recently upgraded, providing peace of mind for the new owner or potential short-term guests. The open-concept interior showcases a contemporary aesthetic, featuring ceramic tile flooring, sleek quartz countertops, and high-end stainless-steel appliances in the chef-inspired kitchen. The expansive primary suite includes a spacious walk-in closet and a luxurious en-suite bathroom, while the large living and dining areas provide a seamless flow for both daily living and entertaining. Step outside to your own outdoor haven—complete with a private dock for lake access and a generous concrete slab perfect for fire pit gatherings, alfresco dining, or simply relaxing by the water. Whether you're hosting guests or unwinding alone, this home offers the perfect balance of indoor and outdoor living. Additionally, the layout of the home allows for privacy and comfort, creating an ideal environment for short-term renters seeking a premium lakefront experience. Located just 5 miles from Gulf beaches, 6 miles from Downtown New Port Richey, and close to shopping, schools, and amenities, this home offers both a tranquil escape and convenient access to everything you need. Best of all, there are no HOA rules or fees, giving you the flexibility to operate a short-term rental without restrictions. This turnkey property is ready to welcome its next owner - or its first guests. Don’t miss out on the opportunity to own this remarkable lakefront home, whether as your private oasis or as a profitable rental property in one of the most desirable areas in New Port Richey!The average asking price for a 4 bedroom/4 bath single family residence in this Zip code is $637,450. This single family residence is listed at about 82% of the average asking price. This is the only 4 bedroom/4 bath single family residence between $450,000 and $600,000 currently listed for sale in this Zip code.