This exceptional property, blocks away from the vibrant downtown New Port Richey, presents a rare opportunity to own a spacious home on a 1/3-acre lot. Perfect for multi-generational living, this home features a separate living level (MOTHER-IN-LAW SUITE?) and an array of thoughtful upgrades. The home has been carefully maintained and offers plenty of living space. The upstairs is bright and open, featuring a living, dining, and kitchen area that’s perfect for family gatherings. With 3 large bedrooms, a laundry room, and ample closet space, the main level is designed for comfort and convenience. High ceilings enhance the feeling of openness throughout. Enjoy the large rocking chair front porch, recently tiled, with a view of New Port Richey’s original "main" street, lined with trees. The lower level offers additional living space with a private entrance, including a 1-bedroom suite, a full kitchen, and versatile rooms that can be used for living, dining, recreation, or an art studio. The space was recently reconfigured with quality craftsmanship and includes a 2-car garage for added convenience. Step outside to a large screened lanai with new tile flooring, overlooking a peaceful water retention pond frequented by ducks and shorebirds, offering both tranquility and privacy. The property also includes a partially fenced yard, newly added pavers for a 2nd driveway, enhanced landscaping with newly planted trees, and a block retaining wall. Need more storage? The large outbuilding can accommodate a golf cart (New Port Richey is golf-cart friendly!), workshop materials, campers, or even a boat. There’s plenty of parking, with alley access and space on all sides of the house. This unique property offers endless possibilities with its expansive living areas, private suite, and prime location near downtown New Port Richey. It’s the perfect blend of historic charm and modern convenience.