4341 OTTER WAY, NEW PORT RICHEY, FL, 34653
Active59 days on marketListed Jun 10, 2026MLS #TB8517109
About this home
4341 OTTER WAY
WATERFRONT HOME UNDER $400,000 | NO HOA | OVERSIZED LOT Experience peaceful lakefront living in this beautifully maintained 3-bedroom, 2-bath waterfront home situated on an oversized 0.27-acre lot in the desirable Park Lake Estates community of New Port Richey. Wake up to tranquil water views and end your day watching breathtaking Florida sunsets from your own backyard. Whether you enjoy fishing, kayaking, paddleboarding, or simply relaxing by the water, this home offers the Florida lifestyle you’ve been searching for. Offering nearly 1,900 square feet of living space, this home features a spacious split-bedroom floor plan, multiple living and entertaining areas, luxury vinyl flooring throughout, an updated kitchen, renovated bathrooms, double-pane windows, and a versatile bonus space perfect for a home office, gym, playroom, or second family room. Additional highlights include no HOA, an oversized 0.27-acre lot, beautiful waterfront views, an elevation certificate and survey available for the buyer, and no history of flooding. Conveniently located just minutes from Downtown New Port Richey, Sims Park, waterfront restaurants, breweries, shopping, Gulf beaches, US-19, and State Road 54, you’ll enjoy the perfect combination of convenience and peaceful waterfront living. If you’ve been searching for an affordable waterfront home in New Port Richey under $400,000 with no HOA, modern updates, and room to spread out, this is an incredible opportunity. Schedule your private showing today!
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,900
Sqft
0.27 ac
Lot size
1979
Year built
One
Levels
$199
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$2,828 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,828/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+25.6%
$/sqft vs PARK LAKE ESTATES
$199 vs $205
Days on market
59 vs 50 typical
Where $199/sqft sits among the 9 homes for sale in PARK LAKE ESTATES
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside New Port Richey
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know New Port Richey. See the full New Port Richey guide →
NEW PORT RICHEY 34653 — neighborhood snapshot
Population
36,086
Median age
49.9
Median income
$47,660
Median home value
$180,900
Avg household
2.21
Households w/ children
3,038
For the school run
Pasco County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The New Port Richey market
$280K → $260K
New Port Richey median sold, yr/yr
96.3%
Sale-to-list ratio (12 mo)
5 of 9
PARK LAKE ESTATES have cut their price
Median sold price, New Port Richey, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 61% above the NEW PORT RICHEY 34653 median. See the full New Port Richey market guide →
Paper trail
This home's history
Reality check
What actually sold near 4341 OTTER WAY
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$445,000
4622 WHITETAIL LANE · same community
3 bd · 2 ba · 1,864 sqft · $239/sqft · 26 DOM
Sold · Apr ’26$380,000
4652 SWALLOWTAIL DRIVE · same community
4 bd · 3 ba · 2,059 sqft · $185/sqft · 32 DOM
Sold · Oct ’25$409,000
4728 SWALLOWTAIL DRIVE · same community
3 bd · 2 ba · 2,060 sqft · $199/sqft · 220 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 4341 OTTER WAY — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 4341 OTTER WAY — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
4341 OTTER WAY FAQs
What would the monthly payment be for 4341 OTTER WAY?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,828/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 4341 OTTER WAY?+
The most recent tax bill on record (2025) was $3,231. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in New Port Richey?+
At $379,000, this home is listed about 35% above the New Port Richey median of $279,900. The market section on this page shows how the area is trending.
Which schools are assigned to 4341 OTTER WAY?+
Anclote Elementary School (elementary), Gulf Middle School (middle), Anclote High School (high) — Pasco County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$379,000 runs 61% above the NEW PORT RICHEY 34653 median — but at 1,900 sqft it's also 38% larger than the typical New Port Richey listing.
02Water views
The water view is part of what you're buying — views hold value independently of the structure.
03The price has already moved
Listed at $429,000, now $379,000 — a $50K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of COLDWELL BANKER REALTY · Kimberly Russian. MLS #TB8517109.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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