Virtually Staged. Short Sale. FIXER-UPPER OPPORTUNITY IN GRACEWOOD AT RIVER RIDGE — EXTENSIVE REPAIRS REQUIRED - SHORT SALE
A true project property with significant deferred maintenance, requiring total renovation and repair throughout. Located on a one-acre conservation lot in the gated Gracewood at River Ridge community, this oversized property consists of a main house and an attached secondary living space under one roof line. It is being sold strictly as-is.
REQUIRED OUTDOOR & STRUCTURAL REPAIRS
The exterior and outdoor living spaces need immediate attention and mechanical work:
Pool & Spa Area: The screened lanai frames a heated pool and spa that require new pool equipment and a complete overhaul.
Pool Deck: The expansive pool deck has significant wear and requires extensive structural and cosmetic repairs.
Exterior: The rain gutters are damaged and need to be completely repaired or replaced.
INTERIOR CONDITION & MECHANICALS
The interior is completely original and needs a full cosmetic and mechanical update:
Flooring: The existing floors are worn out and new flooring is required throughout the entire property.
Kitchens & Bathrooms: All kitchens and all 5 bathrooms are completely original to the home's build and require full, modern updates from top to bottom.
Plumbing: There are active plumbing leaks in the home that will need to be repaired.
Additional Work: Buyers should prepare for additional unspecified cosmetic, structural, and mechanical repairs needed to make the home fully functional.
MAIN RESIDENCE DETAILS (Approx. 4,022 Sq Ft)
The main home features high vaulted ceilings, formal living and dining areas, a kitchen opening to the family room, a large bonus/game room, two separate office spaces, and three fireplaces. The primary suite features a double-door entry with columns, rounded walls, a fireplace, separate vanities, a jetted tub, and a walk-through shower.
ADJOINING RESIDENCE DETAILS (Approx. 1,648 Sq Ft)
Accessible via its own private courtyard entrance, the original secondary living space includes 3 bedrooms, 2 bathrooms, a full kitchen, a family room, and a fireplace.
NOTED RECENT UPDATES & LOCATION
On the positive side, the main home received a new roof in 2021 and a new water heater in 2023. The property operates on three A/C systems and includes a central vacuum system. Situated approximately 15 minutes from local Gulf beaches and 30 minutes from Tampa International Airport, with convenient proximity to area shopping, dining, and medical centers.
This home is priced to reflect its condition and requires an experienced buyer or investor prepared for a major rehab project.
Agents: Please read Agent Only Remarks prior to scheduling a showing.
5,670 Sq Ft
1 Private Acres Lot Size
single family home
$104 Monthly Maintenance/CC
$553 Monthly Tax
Built in 1993
MLS/Listing ID TB8418382
Washer Hookup
Lot - Flood Insurance Required
Lot - Flood Zone Lot
Lot - Landscaped
Lot - Near Public Transit
Lot - Paved
Parking - Driveway
Parking - Garage Door Opener
Patio
Screened
Pool - Gunite
Pool - Heated
Pool - Inground
Thermostat
Solid Surface Counters
High Ceilings
Eat-in Kitchen
Ceiling Fans
Cathedral Ceilings
Heating - Electric
Range Hood
Disposal
Dishwasher
Cooktop
Built-in Oven
Slab
Ceramic Tile
Carpet
Primary Bedroom Fireplace
Fireplace
Living Room Fireplace
Electric Fireplace
Cooling - Central Air
Construction - Stucco
Construction - Concrete
Laundry Room
Inside
Electric Dryer Hookup
Walk-in Closets
Pool - Screen Enclosure
Shingle
Public Sewer
Public Water
Unfurnished
Style - Custom
Style - Ranch
Association - Gated
Community - Deed Restrictions
Pets Allowed
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed.
Copyright © 2026 MLS GRID. All Rights Reserved.