Welcome to this beautifully renovated 55+ waterfront gem in the heart of New Port Richey! This stunning residence has been thoughtfully transformed with elegant updates and tasteful finishes throughout, creating the perfect blend of modern comfort and timeless style. From the moment you step inside, you’ll notice the attention to detail and inviting atmosphere that makes this home truly special. The real showpiece awaits just beyond the doors — a breathtaking water view that provides a peaceful and picturesque backdrop. Enjoy tranquil mornings with coffee or unwind in the evening while watching the sunset reflect across the water, all from the comfort of your own backyard. This home offers both beauty and peace of mind with significant recent improvements, including a new roof installed in 2024 and water heater (2023). The kitchen features brand-new appliances including an oven and microwave, while the primary bathroom has been enhanced with a new sink and faucet. Additional upgrades include beautiful plantation shutters in both bedrooms, insulated glass windows, faux wood blinds, updated lighting throughout, and a garage with freshly applied epoxy flooring and custom cabinetry for added storage. Every detail has been carefully curated to provide a turnkey experience for the next owner. With major systems already upgraded and stylish finishes throughout, this home offers the perfect balance of sophistication, comfort, and long-term value. There is a monthly HOA fee of $616.00 Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Internet, Maintenance Exterior, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Sewer, Trash. In addition there is a monthly Master association fee of $74.00 to Heritage Lakes Association. This is a rare opportunity to own a fully renovated waterfront home that captures the essence of effortless Florida living. Schedule your private showing today and experience the beauty for yourself.
For sale
Price cut: $15K (3/24)
$230,000
4730 Sheffield Dr, New Port Richey, FL 34655
2beds
1,228sqft
Est.:
Villa
Built in 1987
-- sqft lot
$225,900 Zestimate®
$187/sqft
$690/mo HOA
What's special
Stylish finishes throughoutBreathtaking water viewUpdated lighting throughoutFaux wood blindsInsulated glass windowsPeaceful and picturesque backdrop
- 51 days |
- 543 |
- 19 |
Zillow last checked: 7 hours ago
Listing updated: March 28, 2026 at 01:52am
Listing Provided by:
Brie Burch 813-863-1986,
ENGEL & VOLKERS TAMPA DOWNTOWN 813-863-1986
Source: Stellar MLS,MLS#: TB8474899
Originating MLS: Suncoast Tampa

Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 225 Square Feet
- Dimensions: 15x15
Bedroom 2
- Features: Built-in Closet
- Level: First
- Area: 144 Square Feet
- Dimensions: 12x12
Kitchen
- Level: First
- Area: 135 Square Feet
- Dimensions: 9x15
Living room
- Level: First
- Area: 180 Square Feet
- Dimensions: 12x15
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
- Laundry: In Garage
Features
- Cathedral Ceiling(s), Ceiling Fan(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Tile
- Doors: French Doors
- Windows: Window Treatments
- Has fireplace: No
Interior area
- Total structure area: 1,680
- Total interior livable area: 1,228 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Side Porch
- Exterior features: Lighting
- Has view: Yes
- View description: Trees/Woods, Water
- Water view: Water
- Waterfront features: Lake, Waterfront
Details
- Parcel number: 1326160090000000160
- Zoning: PUD
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Villa
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1987
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available, Electricity Available
Community & HOA
Community
- Features: Lake, Waterfront, Association Recreation - Owned, Clubhouse, Deed Restrictions, Pool, Tennis Court(s)
- Pet fee: $0 monthly
- Senior community: Yes
- Subdivision: CEDARWOOD VILLAGE CONDO 01
HOA
- Has HOA: Yes
- Amenities included: Clubhouse
- Services included: Cable TV, Common Area Taxes, Community Pool, Reserve Fund, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Sewer, Trash
- HOA fee: $690 monthly
- HOA name: Qualified Property Management
- HOA phone: 727-376-0021
- Second HOA name: Heritage Lakes
Location
- Region: New Port Richey
Financial & listing details
- Price per square foot: $187/sqft
- Tax assessed value: $195,500
- Annual tax amount: $1,549
- Date on market: 2/17/2026
- Cumulative days on market: 51 days
- Listing terms: Cash,Conventional
- Ownership: Condominium
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt, Paved
Estimated market value
$225,900
$215,000 - $237,000
$1,823/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/24/2026 | Price change | $230,000-6.1%$187/sqft |
Source: | ||
| 3/7/2026 | Price change | $245,000-5.7%$200/sqft |
Source: | ||
| 2/17/2026 | Listed for sale | $259,900+62.4%$212/sqft |
Source: | ||
| 3/28/2018 | Sold | $160,000+113.3%$130/sqft |
Source: Public Record Report a problem | ||
| 3/24/2009 | Sold | $75,000$61/sqft |
Source: Public Record Report a problem | ||
| 6/30/1994 | Sold | $75,000$61/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,549 +13.1% | $119,930 |
| 2023 | $1,370 +6.5% | $119,930 +3% |
| 2022 | $1,286 +2.8% | $116,440 +6.1% |
| 2021 | $1,251 +2.1% | $109,760 +1.4% |
| 2020 | $1,225 +2.5% | $108,250 +2.3% |
| 2019 | $1,195 | $105,822 +5.6% |
| 2018 | $1,195 -32.4% | $100,170 +54.3% |
| 2017 | $1,767 +176.6% | $64,936 +4.2% |
| 2016 | $639 +5% | $62,292 +0.7% |
| 2015 | $608 +3.4% | $61,859 -7.8% |
| 2014 | $588 | $67,109 +11% |
| 2013 | -- | $60,461 -8.5% |
| 2012 | -- | $66,052 -6.4% |
| 2011 | -- | $70,544 -9.1% |
| 2010 | -- | $77,602 -1.2% |
| 2009 | -- | $78,577 -26.2% |
| 2008 | -- | $106,525 -21.8% |
| 2007 | -- | $136,209 +15.4% |
| 2006 | -- | $118,005 +14.8% |
| 2005 | -- | $102,771 +11.9% |
| 2004 | -- | $91,850 +19.7% |
| 2003 | -- | $76,740 +3.9% |
| 2002 | -- | $73,846 +8.9% |
| 2000 | -- | $67,802 |
| 1999 | -- | $67,802 |
Find assessor info on the county website
Monthly payment
Est. payment
$2,217/mo
Principal & interest
$1195
HOA Fees
$690
Property taxes
$332
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Climate risks
Neighborhood: 34655
Nearby schools
GreatSchools rating
- 7/10Longleaf Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 5/10River Ridge Middle SchoolGrades: 6-8Distance: 3.4 mi
- 5/10River Ridge High SchoolGrades: PK,9-12Distance: 3.4 mi
Local experts in 34655
- Florida
- Pasco County
- New Port Richey
- 34655
- 4730 Sheffield Dr







