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For sale
  • Price cut: $10K (10/6)
    $559,000

    1625 S Wallace Point, Crystal River, FL 34429

    2beds
    1,200sqft
    : 
    $3,850/mo
    Get pre-qualified
    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
    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.
    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#: 857795MLS LogoOriginating 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

        DateEventPrice
        10/6/2026Price change$559,000-1.8%$466/sqft
        Source: Realtors Association of Citrus County #857795 Report a problem
        9/23/2026Price change$569,000-1.7%$474/sqft
        Source: Stellar MLS #TB8547533 Report a problem
        9/14/2026Price change$579,000-1.9%$483/sqft
        Source: Realtors Association of Citrus County #857795 Report a problem
        9/10/2026Listed for sale$590,000+7.3%$492/sqft
        Source: Realtors Association of Citrus County #857795 Report a problem
        10/28/2025Listing removed$550,000$458/sqft
        Source: Realtors Association of Citrus County #837648 Report a problem
        10/21/2025Price change$550,000-1.8%$458/sqft
        Source: Realtors Association of Citrus County #837648 Report a problem
        10/7/2025Price change$559,900-1.1%$467/sqft
        Source: Realtors Association of Citrus County #837648 Report a problem
        10/2/2025Price change$565,900-0.7%$472/sqft
        Source: Realtors Association of Citrus County #837648 Report a problem
        9/29/2025Price change$569,900-1.7%$475/sqft
        Source: Realtors Association of Citrus County #837648 Report a problem
        9/20/2025Listed for sale$579,900+0.9%$483/sqft
        Source: Realtors Association of Citrus County #837648 Report a problem
        5/1/2025Listing removed$575,000$479/sqft
        Source: Realtors Association of Citrus County #837648 Report a problem
        4/29/2025Price change$575,000-0.9%$479/sqft
        Source: Realtors Association of Citrus County #837648 Report a problem
        4/6/2025Price change$580,000-1.7%$483/sqft
        Source: Realtors Association of Citrus County #837648 Report a problem
        3/31/2025Price change$590,000-1.5%$492/sqft
        Source: Realtors Association of Citrus County #837648 Report a problem
        3/18/2025Price change$599,000+16.3%$499/sqft
        Source: Realtors Association of Citrus County #837648 Report a problem
        2/12/2025Price change$515,000+8%$429/sqft
        Source: Realtors Association of Citrus County #837648 Report a problem
        1/30/2025Price change$477,000+4.8%$398/sqft
        Source: Realtors Association of Citrus County #837648 Report a problem
        1/10/2025Price change$455,000+19.7%$379/sqft
        Source: Realtors Association of Citrus County #837648 Report a problem
        12/16/2024Price change$380,000+23%$317/sqft
        Source: Realtors Association of Citrus County #837648 Report a problem
        11/6/2024Price change$309,000+3.3%$258/sqft
        Source: Realtors Association of Citrus County #837648 Report a problem
        9/19/2024Listed for sale$299,000+184.8%$249/sqft
        Source: Realtors Association of Citrus County #837648 Report a problem
        10/11/2023Sold$105,000-22.2%$88/sqft
        Source: Realtors Association of Citrus County #826257 Report a problem
        10/10/2023Pending sale$135,000$113/sqft
        Source: Realtors Association of Citrus County #826257 Report a problem
        8/14/2023Listed for sale$135,000$113/sqft
        Source: Realtors Association of Citrus County #826257 Report a problem

        Public tax history

        YearProperty taxesTax 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

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 34429

        Getting around

        0 / 100
        Car-Dependent
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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