7032 MORNINGSTAR LANE
NEW PORT RICHEY, FL, 34652
$550,000
5 Beds
5.5 Baths
2,702 SqFt
0.34 Acres
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MLS #TB8531940 image #0
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.

Property Details

Price:
$550,000
MLS #:
TB8531940
Status:
Active
Beds:
5
Baths:
5.5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
GRAND VIEW PARK 01
Neighborhood:
34652newportrichey
Listed Date:
Jul 29, 2026
Finished Sq Ft:
2,702
Total Sq Ft:
2,702
Lot Size:
15,015 sqft / 0.34 acres (approx)
Year Built:
1972
34652 – New Port Richey34652newportricheyGrand View Park 01No Minimum

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Schools

Interior

Appliances
Dishwasher, Microwave, Range, Refrigerator
Bathrooms
5 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Ceramic Tile, Tile
Heating
Central, Electric
Interior Features
Eating Space In Kitchen
Laundry Features
Inside
Levels
One

Exterior

Community Features
None
Construction Materials
Block
Direction Faces
North
Exterior Features
Other
Roof
Shingle

Financial

HOA Includes
None
Tax Year
2025
Taxes
$5,376

Map

Community

Market Summary

Current real estate data for Single Family in NEW PORT RICHEY as of Aug 29, 2026
794
Single Family Listed
99
Avg DOM
236
Avg $ / SqFt
$418,799
Avg List Price

Property Summary

    Located in the GRAND VIEW PARK 01 subdivision, 7032 MORNINGSTAR LANE NEW PORT RICHEY FL is a Single Family for sale in NEW PORT RICHEY, FL, 34652. It is listed for $550,000 and features 5 beds, 6 baths, and has approximately 2,702 square feet of living space, and was originally constructed in 1972. The current price per square foot is $204. The average price per square foot for Single Family listings in NEW PORT RICHEY is $236. The average listing price for Single Family in NEW PORT RICHEY is $418,799. To schedule a showing of MLS#tb8531940 at 7032 MORNINGSTAR LANE in NEW PORT RICHEY, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.

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