Elfers › Colonial Hills

5109 Tilson Dr

New Port Richey, FL 34652
$310,000
3 bed2 bath1,514 sqftSingle-family home · built 1970

Listed at $208 per sq ft. Median for single-family homes in Colonial Hills sold in the last 12 months: $186 per sq ft.

68 sales · Stellar MLS, credited below

What stands out about this home

Compared with single-family homes like it, within product classi
Size
Larger than 85% of single-family homes sold in Colonial Hills
207 single-family home sales · Jan 2024 - Oct 2026
Price
Listed 5% above the typical price for a single-family home its size in Colonial Hills
207 single-family home sales · Jan 2024 - Oct 2026
Standout feature
No standout feature to report
Age
Newer than 26% of single-family homes in Colonial Hills
302 homes · May 2016 - Oct 2026
Compared against 40 similar homes sold within 0.43 mi.

About this property

Virtually Staged. Turnkey home is ready to welcome you, featuring 3 bedrooms, 2 fully renovated bathrooms, and thoughtfully updated living spaces throughout. Step inside to a bright, modern interior featuring a brand-new open-concept kitchen with contemporary cabinetry, quartz countertops, and luxury vinyl flooring throughout the home.

The property has been freshly painted inside and out and offers multiple living areas, including a living room, family room, Florida room, and interior courtyard, providing plenty of flexibility for relaxing, entertaining, or working from home. NO HOA, NO Flood Zone.

Major improvements include a new roof installed in 2026, an A/C system in 2025, and a brand-new septic system in 2026, giving buyers added peace of mind.

Additional features include washer and dryer connections in the garage, white PVC fencing surrounding the property, a 1-car garage, and driveway parking for two to four additional vehicles.

If you're looking to make New Port Richey your new home, this move-in-ready property offers the modern updates, flexible living space, and major improvements you've been searching for.

Turnkey and ready for its next owner—schedule your private showing today and come see everything 5109 Tilson Dr has to offer!
Great opportunity for qualified first-time homebuyers! This home may qualify for up to $50,000 in Pasco County Down Payment Assistance for income-eligible buyers. Assistance may be used toward the down payment, eligible closing costs, and points to help reduce the interest rate. The assistance is structured as a 0% deferred second mortgage with no monthly payments and forgiveness after 30 years, subject to program guidelines, funding availability, and buyer qualification. Inquire with us for more detailed information.
Some photo(s) were virtually staged.

Property details

Year built1970
Lot size0.15 ac
HOANot stated
Parking2-car
Days on market34
MLS#TB8544507
SidewalkEat-in kitchenOpen floorplanDishwasherRangeCentral air conditioning
All features →
  • Sidewalk
  • Eat-in kitchen
  • Open floorplan
  • Dishwasher
  • Range
  • Central air conditioning
  • Electric heating
  • Shingle roof
  • Slab foundation
  • Block construction
  • Stucco construction
  • Single story
  • In garage
  • Broadband internet available
  • Cable available
  • Electricity connected
  • Water connected
  • Garage
  • Quartz countertops

The market for homes like this

Single-family homes in Colonial Hills · all sizes
Too few 3-bedroom single-family home sales here to report on their own, so these cover every single-family home in Elfers.i
Median sold price$237,50068 sales · last 12 months
Median price per sq ft$18668 sales · last 12 months
Median rent$1,663/mo84 leases · last 12 months
Median days to lease3684 leases · last 12 months

Elfers, as its listings describe it

What agents stated on listings, 2006 – 2026i
Community pool53%of 100 listings
HOA fee, median$143/moof 59 listings
Has an association Colonial Hills0%of 85 listings
Pets allowed Colonial Hills91%of 76 listings
Minimum lease, most common Colonial HillsNo Minimum85% of 67 listings · next: No Rent
Lease restrictions Colonial Hills5%of 65 listings
Association approval required14%of 125 listings
Private pool Colonial Hills9%of 117 listings
Gated0%of 100 listings
Public water · sewer99% · 73%of 72 · 75 listings
Flood zone (A or V) Colonial Hills0%of 77 listings
55+ community Colonial HillsNo99% of 85 listings · next: Yes
Homestead share Colonial Hills60%of 1,855 homes · county tax roll
Also stated: waterfront 0% of 85 listings in Colonial Hills; CDD 0% of 71 in Colonial Hills.

Price and time on market

This listing against homes like iti
Price per sq ft
Listed at $208 per sq ft, 12% above the $186 median for single-family homes in Colonial Hills sold in the last 12 months
68 sales · last 12 months
Time on market
On the market 28 days; single-family homes in Colonial Hills took a median of 18 days to sell in the last 12 months
68 sales · last 12 months
Price history
Listed at $325,000 originally; now $315,000, 3.1% lower after at least two price reductions. The most recent: down $5,000 on Oct. 10, 2026
at least two price reductions visible

Cost of ownership

What this home costs to hold, from public recordsi
Current owner's taxes
i
$3,153 (2025)
As stated on the listing for 2025
Estimated taxes at this price
i
About $3,700/yr homesteaded, $4,400/yr as an investor
Estimated: the asking price through the county's price-to-value factor, at the parcel's published millage; assessments reset at sale
Typical electric bill
i
$170/mo (2024)
Typical: the utility's average residential bill for 2024 (not this home's)
Typical water and sewer
i
$85/mo at 5,000 gallons
Typical: the provider's published schedule at 5,000 gallons a month on a standard residential meter
THE NEIGHBORHOOD

Living in Elfers

unincorporated Pasco County · Pasco County · ZIP 34652 · Elfers (census-designated place) · Flood zone X
Explore Elfers →
HomesNot yet available
Median sold price$228,997270 sales · last 12 months
Vs. the prior year-0.4%270 sales this year · 286 sales the prior year
Median rent$1,600/mo95 leases · last 12 months
Homes that changed handsNot yet available
Homestead shareNot yet available
Single-family homes in Elfers, by bedroomsFigures appear once a group has 40 sales
GROUPSALESMEDIAN SOLDMEDIAN RENT
All single-family homes · 12 months229$240,000$1,663/mo84 leases
2 bed101$211,000$1,525/mo45 leases
3 bed · this home104$265,000—
4 bed18Not enough sales yet to report on their own
5+ bed6Not enough sales yet to report on their own
All single-family homes · 24 months479$238,000$1,700/mo164 leases
Median price

Elfers homes sold for a median of $228,997 in the 12 months to Oct. 11, 2026.

270 sales
Price trend

That's 0.4% below the median for the 12 months before, $229,900.

270 sales this year · 286 sales the prior year
What's selling

Single-family detached homes made up 229 of the 270 sales in the same 12 months, at a median of $240,000.

229 of 270 sales
Not yet available here: owner-occupancy.

Location

5109 TILSON DR, NEW PORT RICHEY, FL 34652

Nearby homes for sale in New Port Richey

Based on information from Stellar MLS® for the period January 6, 2006 through October 11, 2026.

Listings courtesy of Stellar MLS as distributed by MLS GRID

HomeProp is a licensed Florida real estate brokerage (License CQ1055163). Regulated by the Florida Real Estate Commission (FREC), 400 W Robinson St, Orlando, FL 32801. All information deemed reliable but not guaranteed.

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