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$2,250,000

2435 N WATERSEDGE DRIVE, CRYSTAL RIVER, FL 34429

Active189 days on market

Beds

4

Baths

3

Sq Ft

4,394 sq ft

Year Built

1996

Lot Size

0.42 acres

Garage

3

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About This Property

Fully Furnished Crystal River Luxury Waterfront Estate on King's Bay. Welcome to one of the most extraordinary waterfront residences ever offered in Crystal River—a breathtaking estate that embodies luxury living, unrivaled location, and endless recreational possibilities. Perfectly positioned on a coveted peninsula at the heart of King's Bay, this property offers something truly irreplaceable: sweeping 180-degree views up and down the main river, not just a canal. From sunrise to sunset, the views here are nothing short of spectacular, making it one of the most sought-after waterfront vantage points in all of Florida's Nature Coast. A Home That Marries Elegance & Functionality.Completely reimagined and fully renovated, this turnkey residence is both a private retreat and an investment powerhouse- as a luxury VRBO, even amidst pandemic restrictions. Offering more than 4,400 square feet of climate-controlled living space (including over 2,700 square feet upstairs), the home blends timeless style with modern convenience. Step inside and be immediately captivated by walls of windows framing glittering water views from every direction. The gourmet kitchen, updated in 2021, boasts granite counters, custom cabinetry, a breakfast bar, and a large pantry—perfect for both casual dining and hosting. It flows seamlessly into the spacious family room, where the river is your backdrop for every gathering. Formal living and dining spaces offers additional sophistication, all designed to take advantage of the panoramic setting. The master suite is a sanctuary unto itself, with a California King bed, spa-style bath featuring dual vanities, oversized shower, and soaking tub. Sliding doors open to a private waterside deck where morning coffee or evening cocktails are enjoyed with uninterrupted river views. Two additional queen bedrooms and a beautifully updated full bath complete the upstairs accommodations. Versatile Lower-Level Living. The ground floor is designed for fun, flexibility, and multi-family enjoyment. A second living area with kitchenette opens to a spacious recreation/game room and a bunk suite that sleeps up to nine guests—ideal for little ones, extended family, or rental groups. With three bathrooms (all renovated in 2021), multiple living areas, and smart design, this estate easily accommodates large gatherings without ever feeling crowded. Resort-Style Outdoor Living. Step outside and discover a true Florida paradise. A sparkling private pool is set against the backdrop of the river, with multiple sitting areas perfect for entertaining or relaxing in total privacy. The expansive dock provides everything a boating enthusiast could dream of: a covered Boathouse, separate lift, and direct Gulf access. From here, embark on scalloping trips, sunset cruises, or simply watch the parade of boats drift by while dolphins and manatees make their daily appearances. Location: Beyond the gates of this cul-de-sac enclave lies the very best of the Nature Coast. From the property, you are minutes to Three Sisters Springs, Plantation Golf Club, waterfront restaurants, and the open Gulf of Mexico. Whether you're swimming with manatees, exploring local shops, or savoring world-class fishing and scalloping, life here is a seamless blend of luxury and adventure. This home is more than a residence—it's a lifestyle, an investment, and an escape unlike any other. Opportunities to own a property of this caliber in Crystal River are exceedingly rare!

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #W7878622
StatusActive
Year Built1996
Stories2
Total Rooms3
ConstructionBlock, Vinyl Siding, Wood Frame
RoofMetal
FoundationPillar/Post/Pier, Stilt/On Piling
FacesNortheast
SubdivisionCRYSTAL SHORE ESTATES
CountyCitrus
OwnershipFee Simple

Interior Features

InteriorBuilt-in Features, Ceiling Fan(s), Dry Bar, Eating Space In Kitchen, High Ceilings, PrimaryBedroom Upstairs, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Window Treatments
FlooringCarpet, Ceramic Tile, Concrete
AppliancesDishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Microwave, Range, Refrigerator, Washer
LaundryInside, Laundry Room
WindowsStorm Window(s)
CoolingCentral Air
HeatingElectric, Heat Pump
FireplaceYes ()

Exterior & Lot

ExteriorAwning(s), Balcony, Hurricane Shutters, Irrigation System, Lighting, Outdoor Shower, Sliding Doors, Storage
Other StructuresBoat House
Lot Size0.42 acres (18,260 sq ft)
Lot Dimensions120 x 210
Lot FeaturesCul-De-Sac, Irregular Lot, Landscaped, Oversized Lot
Road SurfacePaved
ViewWater

Pool & Spa

Private PoolYes
Pool FeaturesIn Ground, Outside Bath Access

Waterfront

WaterfrontYes
FeaturesRiver Front

Utilities

WaterPublic
SewerSeptic Tank
UtilitiesCable Available, Electricity Connected, Phone Available, Public, Water Connected

Parking

GarageYes (3 spaces)

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$2,250,000
Original Price$2,600,000
Annual Taxes$15,729 (2024)
FinancingCash, Conventional, Owner May Carry
ZoningCLR
Parcel #17E18S200020000A00040

Directions

From US 19, Turn onto W Fort Island Trail. Turn Right onto W Pine Bark Ln. Turn Left onto N Watersedge Dr. Home is in the Cul-de-sac.

Location

2435 N WATERSEDGE DRIVE, CRYSTAL RIVER, FL 34429

Listing Information

OfficeCENTURY 21 ALLIANCE REALTY
ListedSeptember 1, 2025

Schedule a Showing

How to Buy This Home

Multiple financing options available for this $2,250,000 home in CRYSTAL RIVER.

🏛️

FHA Loan

$78,750 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$112,500 Down

Traditional financing. As low as 3-5% down with good credit.

🌾

USDA Loan

$0 Down

Zero down for eligible rural areas. Income limits apply.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Citrus County SHIP

Varies

Income-qualifying Citrus residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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 last updated: March 10, 2026.

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