Listing Details for MLS # TB8439934
122 Waterberry Drive, Tarpon Springs, Fl 34688

Residential Property - Single Family Residence in Tarpon Springs

Listing Price: $1,200,000Days on Market: 7

Description of Property

Enjoy breathtaking views of Lake Tarpon from this large custom home, perfectly positioned on one of the most elevated lots in the area. This stunning 4 bedroom + den, 4 bathroom, 4,200sqft home sits directly behind a protected gopher tortoise reserve, ensuring that nothing will ever be built behind you — your serene water views are forever preserved. Nestled in Waterberry, an intimate, highly sought-after community of only 14 homes on Lake Tarpon, this is one of only a handful of homes that have ever come to market, with only one sale in the past two years. Homes here rarely change hands, making this a rare opportunity to own in one of Tarpon Springs’ most exclusive neighborhoods. Built on a massive hill, high above the floodplain and well beyond Flood Zone X, this home is completely high and dry — it sustained absolutely no storm damage and requires no flood insurance. Inside, you find plenty of space for the entire family with all four bedrooms featuring ensuite bathrooms! On the main level, you’ll immediately notice the stunning hardwood floors, open-concept layout, high coffered ceilings and water views from nearly every room. The primary suite and main level showcase real hardwood floors, tray ceilings, and elegant finishes throughout. The living room features a beautiful fireplace, crown moldings, and fantastic views of Lake Tarpon. Just off the living room is the kitchen, complete with wood cabinetry, granite countertops, newer stainless steel KitchenAid appliances, and a spacious eat-in area perfect for breakfast. The formal dining room off the kitchen is ideal for larger gatherings and celebrations. On the opposite side of the living room, French doors open to a versatile den, perfect for a home office with its own private balcony. The lower level (or basement) has been fully permitted and thoughtfully finished to include over 1,300sqft of living space, including a private 4th bedroom or in-law suite, a game room, plus plumbing for a wet bar or kitchen — ideal for guests, multi-generational living, or entertaining. You’ll also find a dedicated wine cellar for your collection. Relax in style on your large covered porch overlooking the pool and lake. Step outside to your private paradise and enjoy a resort-style saltwater pool with water features, firepit, and a raised patio perfect for nighttime entertaining — all while taking in tranquil water views of Lake Tarpon from the pool deck. The 0.28-acre (12,589 sq ft) lot offers generous outdoor space and an oversized 4-car garage with plenty of room for a boat or extra storage. Recent upgrades provide complete peace of mind and modern comfort, including a new roof (2022), a new central HVAC system (2022), with a new mini-split for the lower level added in 2023, and remodeled primary bathroom and remodeled guest bathrooms (2023). This home features a new hot-water heater (2022), electronic and manual roller shades throughout (2022), and a newer Maytag washer and dryer (2020). A propane tank added in 2021 provides convenient gas service with easy, once-a-year fill-ups. Aggressively priced below comparable homes, this Lake Tarpon gem combines serenity, luxury updates, and unmatched elevation — all with no flood insurance required, low HOA costs, and no CDD fees.The average asking price for a 4 bedroom/4 bath single family residence in this Zip code is $1,469,841. This single family residence is listed at about 82% of the average asking price. There are 3 4 bedroom/4 bath homes between $1,000,000 and $1,400,000 currently listed for sale in this Zip code. See other listings like this one »