507 DRIFTWOOD, PALM HARBOR, FL, 34683 — photo 1
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507 DRIFTWOOD, PALM HARBOR, FL, 34683

$2,099,000

4 Beds3 Baths2,720 Sq FtBuilt 20050.17 Acres4 GaragePool

About This Property

Welcome to your ultimate waterfront lifestyle in Baywood Village—where luxury, boating, and unforgettable sunsets come together in one exceptional property. This home was extremely well thought out and built upon 30 pilings, creating an extremely strong foundation for peace of mind. Built in 2005, this custom home offers 2,720 square feet of well-designed living space with 660 square feet of bonus living space in the first level. This home features 3 bedrooms and 2 bathrooms, plus the huge bonus area downstairs with bonus bedroom and full bath—perfect for guests, a private suite, or flex space. The spacious split 4-car garage provides incredible storage for vehicles, toys, and gear. Step outside and it gets even better. This property sits on a deep-water saltwater canal just minutes to open water, giving you true Gulf access with ease. Whether you're running offshore or cruising at sunset, this location delivers. The property is equipped with a 30,000 lb boat lift capable of handling up to a 42’ vessel with quad engines, and new lift bunks will convey. (Floating dock does not convey.) The backyard is a private resort. Enjoy a stunning custom PebbleTec pool and spa, fully heated and surrounded by lush, mature landscaping with native palms that create a tropical, private setting. With new pool equipment, everything is turnkey and ready to enjoy from day one. Inside, you’ll find thoughtful upgrades throughout, including a gas range, tankless gas water heater, and a new dishwasher. Two of the AC units were replaced in 2024, giving you added efficiency and peace of mind. Take it all the way to the top—literally. The 4th-floor tower loft offers breathtaking panoramic views and unforgettable sunsets, making it the perfect place to unwind or entertain. The paver driveway, mature palms, and overall curb appeal set the tone from the moment you arrive—this is a home that stands out. Important note: Cameras are in use inside and outside the property. This is more than a home—it’s a boater’s dream, a private retreat, and a rare opportunity in one of the area’s most desirable waterfront communities. Don’t miss your chance to own this piece of paradise.

Subdivision

BAYWOOD VILLAGE

Status

Active

Listed By

COLDWELL BANKER REALTY

Days on Market

42

Mortgage Calculator

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Est. Monthly Payment

$12,894

30-yr fixed · 20% down · 6.875%

Principal & Interest$11,031
Property Tax (actual)$989
Est. Home Insurance~0.5% est.$875
Total / month$12,894
Loan amount$1,679,200

Estimates only — taxes and insurance are approximate. PMI rate, actual lender fees, and closing costs not included. Contact a licensed lender for a precise quote.

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MLS# 834224692894c7925a93a90dc6f5f3d9

Location