Under contract-accepting backup offers. Beautifully updated home with a one-year warranty on all appliances, air conditioning, and plumbing. This solid concrete-block home, built in 1974, offers 1,176 sq ft of living space on a spacious 7,000 sq ft corner lot, making it an ideal primary residence or investment opportunity. Inside, you’ll find an open floor plan, 2 bedrooms, 2 full bathrooms, and tile flooring throughout for easy maintenance. The versatile Florida room can be converted into a third bedroom, guest suite, or flex space to suit your needs. Recently painted inside and out, this home has a fresh, modern feel that’s truly move-in ready.
Step outside to the 12′ × 14′ covered lanai — ideal for morning coffee or winding down in the evening. The oversized one-car garage (approx. 540 sq ft) offers serious storage or workshop potential well beyond what standard garages provide. An in-ground irrigation system keeps the landscaping effortless, and the partially fenced backyard with mature shade trees creates a genuinely private, peaceful retreat right at home.
Nestled in the quiet and established Tanglewood Terrace neighborhood, this home sits in a non-flood zone and has no HOA restrictions, offering freedom and peace of mind. You’ll love the convenience of being just minutes from shopping, recreational complexes, Gulf beaches, state parks, and nature preserves. This is a rare opportunity to own a well-maintained home in one of New Port Richey’s most desirable and accessible areas.
Step outside to the 12′ × 14′ covered lanai — ideal for morning coffee or winding down in the evening. The oversized one-car garage (approx. 540 sq ft) offers serious storage or workshop potential well beyond what standard garages provide. An in-ground irrigation system keeps the landscaping effortless, and the partially fenced backyard with mature shade trees creates a genuinely private, peaceful retreat right at home.
Nestled in the quiet and established Tanglewood Terrace neighborhood, this home sits in a non-flood zone and has no HOA restrictions, offering freedom and peace of mind. You’ll love the convenience of being just minutes from shopping, recreational complexes, Gulf beaches, state parks, and nature preserves. This is a rare opportunity to own a well-maintained home in one of New Port Richey’s most desirable and accessible areas.
Property Details
Price:
$249,500
MLS #:
TB8525657
Status:
Active Under Contract
Beds:
2
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
TANGLEWOOD TERRACE
Neighborhood:
34653newportrichey
Listed Date:
Jul 3, 2026
Finished Sq Ft:
1,176
Total Sq Ft:
1,932
Lot Size:
6,000 sqft / 0.16 acres (approx)
Year Built:
1974
See this Listing
Schools
Elementary School:
Cotee River Elementary-PO
Middle School:
Gulf Middle-PO
High School:
Gulf High-PO
Interior
Appliances
Convection Oven, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Tile
Heating
Central, Heat Pump
Interior Features
Ceiling Fan(s)
Laundry Features
Electric Dryer Hookup, Washer Hookup
Levels
One
Exterior
Attached Garage YN
1
Construction Materials
Block, Brick
Covered Spaces
1
Direction Faces
East
Exterior Features
Irrigation System
Garage Spaces
1
Roof
Shingle
Financial
Tax Year
2025
Taxes
$5,287
Map
Community
- Address5131 GREENWOOD STREET NEW PORT RICHEY FL
- SubdivisionTANGLEWOOD TERRACE
- CityNEW PORT RICHEY
- CountyPasco
- Zip Code34653
Subdivisions in NEW PORT RICHEY
Market Summary
Current real estate data for Single Family in NEW PORT RICHEY as of Aug 29, 2026
795
Single Family Listed
99
Avg DOM
236
Avg $ / SqFt
$419,360
Avg List Price
Property Summary
- Located in the TANGLEWOOD TERRACE subdivision, 5131 GREENWOOD STREET NEW PORT RICHEY FL is a Single Family for sale in NEW PORT RICHEY, FL, 34653. It is listed for $249,500 and features 2 beds, 2 baths, and has approximately 1,176 square feet of living space, and was originally constructed in 1974. The current price per square foot is $212. 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 $419,360. To schedule a showing of MLS#tb8525657 at 5131 GREENWOOD STREET in NEW PORT RICHEY, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of MARK IT REALTY GROUP INC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 5131 GREENWOOD STREET
NEW PORT RICHEY, FL

