Property Description:
This 3-bed, 2.5-bath, 2,118 sf (approx. 2,400 sf total) home built in 1980 sits on a 1.26-acre lot in Golden Acres, one of the few large-lot, no-HOA pockets left in New Port Richey. The property features block construction, an in-ground pool, and private rural feel while still minutes from Ridge Rd and SR 52. Needs full cosmetic overhaul but has great bones and layout.
🛠️ Rehab Scope
- Full interior remodel (kitchen, baths, flooring, paint, fixtures)
- Pool resurfacing and pump replacement
- Exterior paint, fascia/soffit repairs, landscaping cleanup
- Replace aged roof & HVAC (likely near end of life)
- General deep clean and minor structural touch-ups
🔵 Comparable Sales (Lot-Adjusted)
- 10615 Casey Dr – 2/2 1,732 sf | 1.1 ac | 1980 | Updated – Sold $375,000 ($217/sf)
- 10200 Casey Dr – 3/2 1,924 sf | 1.1 ac | 1985 | Updated – Sold $395,000 ($205/sf)
- 10044 Lakeview Dr – 2/2 1,640 sf | 2.2 ac | 1981 | Renovated – Sold $510,000 ($311/sf)
- 10060 Chip Ln – 4/3 2,656 sf | 1 ac | 1992 | Modernized – Sold $645,000 ($243/sf)
📈 Lot & Condition Analysis
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Subject’s 1.26 ac lot is larger than most (adds ≈ 5–8% value vs. 1 ac lots)
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Size and pool potential align closest with Casey Dr comps, which averaged around $210–$220 / sf renovated
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Golden Acres buyers pay premiums for acreage + updated interiors
💰 Estimated ARV: $475,000
(using ~$210–$225 / sf for 2,100–2,400 sf homes on 1 + acres)