Under contract-accepting backup offers. ATTENTION INVESTORS, FLIPPERS & CONTRACTORS: THIS HOME IS FOR YOU!!! This once-lovely GEM at 7884 Cherrytree Ln, New Port Richey in the FANTASTIC community of Magnolia Valley in SUNNY FL features 3 bedrooms, 2 bathrooms, 1 car garage in a NO HOA (optional) & NO CDD zone! Key exterior features are neat front elevation with EXPANSIVE covered front porch & hanging pendant light where you can meet & greet your neighbors, PRETTY BLUE Mediterranean Sea exterior color & NO REAR NEIGHBORS. You'll love the mature landscaping with various palms, bamboo, tropical plants, concrete curbing, double-wide driveway fitting multiple vehicles rain gutters & private mailbox. In the backyard, there is lots of green space in the yard for your furry friends to run around as well as a pavered patio & small CREEK that meanders serenely. Inside, the OPEN FLOOR PLAN consists of the foyer with BEAUTIFUL mosaic entryway, kitchen, dining, living & Florida rooms. The spacious kitchen features pantry closet, good fridge & sink with pass-through window & breakfast bar. From the dining area, you can enter the Florida room through the double glass sliding doors. The Florida room which is cooled/heated by a window AC unit, can be utilized in a multitude of ways like a family room, game room, TV media center or quite possibly a 4th bedroom for guests. The HUGE master bedroom, with access to the FL room, can easily fit king size furniture & has an en-suite bathroom. The tiled private bathroom has a step-in shower with decorative mosaic strip. In this split bedroom plan, the remaining 2 bedrooms are generous in size, have ceiling fans & CLASSIC cedar wood closets. The main bathroom has tub/shower combo, half-tiled wall & newer toilet. More SWEET features about this home are pretty chandelier in the dining room, linen closet in the hall, tray ceiling in the kitchen, big neutral tiles throughout the home & just carpet in the master bedroom & newer updated windows throughout the house. Naturally, the LUCKY buyer needs to do their due diligence; however, the electrical panel looks electrifyingly GREAT, the water heater appears tall & stout, newer garage door is present, the AC is permitted in 4/2010 & the roof is newer from 11/2018. This home appears to only need COSMETIC UPGRADES & this is already reflected in this price. There is a LOT OF SWEAT EQUITY IN THIS HOUSE! Can you transform it to an ELEGANT BEAUTY? The location is IDEAL near restaurants, shopping, schools, places of worship, medical plazas, beaches & tourist attractions. MAKE THIS YOUR FUTURE HOME!