This isn’t your everyday waterfront home—and Ozello isn’t your everyday Florida destination. Brand-new construction overlooking the St. Martins River delivers sweeping open-water views, direct Gulf access, and the laid-back Old Florida lifestyle that makes this community so special. Built high with a finished elevation of 19'2", this striking stilt home pairs coastal living with a fresh, modern interior featuring high ceilings, taller doors, PGT windows, plantation shutters, durable Hardie Board siding, aluminum railings, and quality finishes throughout. The kitchen opens beautifully into the living and dining areas with upgraded stainless steel appliances, granite countertops, a double sink, and uninterrupted sightlines toward the water. Slide open the doors and take it outside to the covered porch, where the St. Martins River becomes your everyday backdrop. The layout offers two spacious primary suites, each with a private bath, plus an additional half bath for guests. Outside, the seawall is already in place and the property offers quick access to the Gulf of Mexico—perfect for boating, fishing, scalloping, kayaking, or simply disappearing onto the water for the day. Whether you're searching for a full-time waterfront escape, seasonal retreat, or property with Airbnb/VRBO potential, this one checks some very hard-to-find boxes. New construction, open water, Gulf access, incredible elevation, and move-in-ready finishes—all tucked into one of Florida's remaining Old Florida waterfront communities. Some homes give you a water view. This one gives you the lifestyle.
For sale
Price cut: $10K (10/6)
$559,000
1625 S Wallace Point, Crystal River, FL 34429
2beds
1,200sqft
Single Family Residence
Built in 2025
7,840 Square Feet Lot
$-- Zestimate®
$466/sqft
$-- HOA
What's special
Direct gulf accessStriking stilt homeMove-in-ready finishesGranite countertopsCovered porchHigh ceilingsSweeping open-water views
- 34 days
- 1,047
- 82
Zillow last checked:
Listing updated:
Listed by:
Lisa VanDeBoe 352-634-0129,
Plantation Realty, Inc.
Source: Realtors Association of Citrus County,MLS#: 857795
Originating MLS: Realtors Association of Citrus County
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Heat Pump
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Microwave Hood Fan, Microwave, Refrigerator, Water Heater
- Laundry: Laundry - Living Area
Features
- Breakfast Bar, Dual Sinks, Eat-in Kitchen, High Ceilings, Main Level Primary, Multiple Primary Suites, Primary Suite, Open Floorplan, Stone Counters, Split Bedrooms, Shower Only, Separate Shower, Walk-In Closet(s), Window Treatments, Second Floor Entry
- Flooring: Tile
- Windows: Blinds, Double Pane Windows
Interior area
- Total structure area: 3,192
- Total interior livable area: 1,200 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Attached Carport, Driveway, Unpaved
- Has carport: Yes
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Balcony
- Exterior features: Balcony, Lighting, Unpaved Driveway
- Pool features: None
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Seawall, Water Access, Canal Access, Waterfront
- Frontage type: Canal,Waterfront
- Frontage length: 62,62
Lot
- Size: 7,840 Square Feet
- Features: Cleared, Cul-De-Sac, Flat
Details
- Parcel number: 1008425
- Zoning: CLRMH
- Special conditions: Standard,Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story,Stilt
- Property subtype: Single Family Residence
Materials
- HardiPlank Type
- Foundation: Pillar/Post/Pier
- Roof: Metal,Shingle
Condition
- New construction: No
- Year built: 2025
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: St. Martins Estuary Retreats
HOA
- Has HOA: No
Location
- Region: Crystal River
Financial & listing details
- Price per square foot: $466/sqft
- Tax assessed value: $54,630
- Annual tax amount: $826
- Date on market: 9/10/2026
- Cumulative days on market: 35 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/6/2026 | Price change | $559,000-1.8%$466/sqft |
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| 9/23/2026 | Price change | $569,000-1.7%$474/sqft |
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| 9/14/2026 | Price change | $579,000-1.9%$483/sqft |
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| 9/10/2026 | Listed for sale | $590,000+7.3%$492/sqft |
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| 10/28/2025 | Listing removed | $550,000$458/sqft |
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| 10/21/2025 | Price change | $550,000-1.8%$458/sqft |
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| 10/7/2025 | Price change | $559,900-1.1%$467/sqft |
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| 10/2/2025 | Price change | $565,900-0.7%$472/sqft |
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| 9/29/2025 | Price change | $569,900-1.7%$475/sqft |
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| 9/20/2025 | Listed for sale | $579,900+0.9%$483/sqft |
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| 5/1/2025 | Listing removed | $575,000$479/sqft |
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| 4/29/2025 | Price change | $575,000-0.9%$479/sqft |
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| 4/6/2025 | Price change | $580,000-1.7%$483/sqft |
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| 3/31/2025 | Price change | $590,000-1.5%$492/sqft |
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| 3/18/2025 | Price change | $599,000+16.3%$499/sqft |
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| 2/12/2025 | Price change | $515,000+8%$429/sqft |
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| 1/30/2025 | Price change | $477,000+4.8%$398/sqft |
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| 1/10/2025 | Price change | $455,000+19.7%$379/sqft |
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| 12/16/2024 | Price change | $380,000+23%$317/sqft |
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| 11/6/2024 | Price change | $309,000+3.3%$258/sqft |
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| 9/19/2024 | Listed for sale | $299,000+184.8%$249/sqft |
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| 10/11/2023 | Sold | $105,000-22.2%$88/sqft |
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| 10/10/2023 | Pending sale | $135,000$113/sqft |
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| 8/14/2023 | Listed for sale | $135,000$113/sqft |
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Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $827 +13.7% | $53,614 +10% |
| 2024 | $727 +31.5% | $48,740 +44.6% |
| 2023 | $553 +23.9% | $33,704 +10% |
| 2022 | $446 +1.1% | $30,640 |
| 2021 | $441 -1.8% | $30,640 |
| 2020 | $449 -1.4% | $30,640 |
| 2019 | $456 +0.9% | $30,640 |
| 2018 | $451 | $30,640 |
| 2017 | $451 +3% | $30,640 +27.4% |
| 2016 | $438 +12.8% | $24,055 |
| 2015 | $389 -2.5% | $24,055 |
| 2014 | $399 -6.8% | $24,055 -2.7% |
| 2013 | $428 +6.5% | $24,735 -3% |
| 2012 | $401 -0.1% | $25,500 +0.2% |
| 2011 | $402 -13.4% | $25,440 -15.3% |
| 2010 | $464 -4.5% | $30,051 |
| 2009 | $486 -12% | $30,051 -12.5% |
| 2008 | $552 -5.3% | $34,344 +0.1% |
| 2007 | $583 -5.5% | $34,300 -2.3% |
| 2006 | $618 +37.2% | $35,100 +56% |
| 2005 | $450 -3.9% | $22,500 |
| 2004 | $468 +102.3% | $22,500 +120.6% |
| 2003 | $231 +33.4% | $10,200 +47.8% |
| 2002 | $174 +43.7% | $6,900 +4.5% |
| 2000 | $121 | $6,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 34429
Nearby schools
Schools provided by the listing agent
- Elementary: Rock Crusher Elementary
- Middle: Crystal River Middle
- High: Crystal River High
Source: Realtors Association of Citrus County. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





