Back 5470 Riverwalk Preserve Drive
Off Market

5470 Riverwalk Preserve Drive

New Port Richey FL 34653

3
3
2
2535 sq. ft.
Townhouse
Last sold for $335,000
Karl SchroederKarl Schroeder, last sold this property on 31 March 2026 after 120 days on market.

Overview

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.

Features

3 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
2535 sq. ft. floor area
Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in New Port Richey over the last 12 months, the estimated median property value of 5470 Riverwalk Preserve Drive is $261.9k.

Median value
$261.9k
Estimated value range
$190k - $406.52k
Median days on market
60
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in New Port Richey. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5470 Riverwalk Preserve Drive

2026
Sold
$335,000
31 Mar 2026 by Karl Schroeder, of REMAX Realtec Group | Palm Harbor
2021
Sold
$318,013
15 Jun 2021 by Chris Dufala, of Lock & Key Realty

Happy sellers in New Port Richey

84%
84% of sellers in New Port Richey reported that their sale price either exceeded or met their price expectations.

New Port Richey stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 23 reviews in New Port Richey over the last 12 months.

Local market activity for 3 bedroom townhouses in New Port Richey

In the last 12 months, 26 three-bedroom townhouses similar to 5470 Riverwalk Preserve Drive, have been sold.

This represents a 52% decrease in three-bedroom townhouses sales when compared to the previous 12 months.

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