List price was lowered by $55K. Tour it before it's gone!
Today:
About this home
Exclusive Waterfront Residence | 5 Bedrooms | 5.5 Bathrooms | Gulf Access | Grand View Park A truly unique waterfront opportunity in New Port Richey! Set along the peaceful waters of Oyster Bayou with access to the Gulf of Mexico, this spacious 5-bedroom, 5.5-bath residence has been extensively remodeled and offers something increasingly difficult to find: waterfront living combined with exceptional flexibility for a large or multigenerational household. What truly sets this property apart is its remarkable layout. In addition to the main residence, the home features three private side entrances leading to separate living areas, each designed with its own bedroom, private bathroom, and kitchenette. This creates incredible possibilities for multigenerational living, extended family, young adult, visiting guests, caregivers, private offices, or additional independent space while still remaining connected to the main home. Live together without giving up your privacy. Enjoy the main residence while parents, adults, relatives, or guests have their own private spaces and entrances. For buyers looking for additional financial flexibility, the layout also have potential income-producing opportunities, subject to applicable local zoning, permitting, and rental regulations. Inside, the home welcomes you with an open-concept floor plan, abundant natural light, and beautiful water views. The extensively renovated interior combines modern finishes with a functional layout designed for both everyday living and entertaining. The beautifully updated kitchen serves as the heart of the main residence and features modern cabinetry and finishes, stainless steel appliances, generous counter space, and an effortless connection to the living and dining areas. Step outside and imagine creating your own Florida waterfront retreat. The generous outdoor space offers plenty of room to design a pool, outdoor kitchen, entertainment area, or tropical backyard oasis overlooking the canal. With waterfront views and Gulf access, boating, fishing, kayaking, and the Florida coastal lifestyle can begin right from home. Whether you're searching for a waterfront family residence, a multigenerational home with private living quarters, or a property offering extraordinary flexibility and potential, this home delivers a combination rarely found in one property. 5 bedrooms. 5.5 bathrooms. Three private-entrance living areas. Extensively remodeled. Waterfront. Gulf access. This isn't simply a home—it's an opportunity to create the lifestyle that works for your family. Schedule your private showing today and experience this exceptional New Port Richey waterfront residence.
Single-familyProperty Type
1972Year Built
0.34 acresLot Size
$183Price/Sq.Ft.
Listed by Alfredo Rodriguez Fonseca• ANR REALTY LLC
The purpose of the R-3 Medium Density Residential District is to provide for the orderly development of existing and proposed medium density residential areas, where adequate public service and transportation facilities are or will be available, and to exclude those uses not compatible with such development.; Further, it is the purpose of the R-3 Medium Density Residential District to provide areas for planned unit development at densities and in a manner compatible with the medium density residential development.
Permitted uses
Include but are not limited to:
Garden center
Housing-Single unit
Educational/school
May 18, 2023 • Active
Residential addition
Addition
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
10/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 109° expected this year, 26 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
New Port Richey, FL • 34652
Average low and high temperatures (°F)
65
49
70
54
76
60
81
66
87
73
89
76
90
77
89
78
87
74
82
68
77
61
71
55
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in New Port Richey. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.9 hrs
7.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 7032 Morningstar Ln
$474,022
$21K under list price of $495K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $210K to $475K.