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For sale
  • $2,250,000

    2435 N Watersedge Dr, Crystal River, FL 34429

    4beds
    4,394sqft
    : 
    $14,160/mo
    Get pre-qualified
    Single Family Residence
    Built in 1996
    0.42 Acres Lot
    $-- Zestimate®
    $512/sqft
    $-- HOA

    What's special

    Waterfront estateDirect gulf accessPrivate poolCovered boathouseBunk suitePrivate waterside deckExpansive dock
    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 offer 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 children, 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: The Jewel of Crystal River. 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.
    329 days
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    451
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    10
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jared Tanner 706-331-0464,

    Century 21 Alliance Realty

    Source: HCMLS,MLS#: 2255410MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Electric, Heat Pump
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Electric Range, Freezer, Microwave, Refrigerator, Washer
      • Laundry: In Unit, Upper Level
      Features
      • Breakfast Bar, Breakfast Nook, Built-in Features, Ceiling Fan(s), Double Vanity, Eat-in Kitchen, His and Hers Closets, Kitchen Island, Pantry, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s), Split Plan
      • Flooring: Carpet, Concrete, Tile
      • Windows: Impact Windows, Storm Shutters
      • Has fireplace: Yes
      • Fireplace features: Electric
      Interior area
      • Total structure area: 4,394
      • Total interior livable area: 4,394 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Additional Parking, Attached, Garage, Guest
      • Attached garage spaces: 3
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Deck, Patio, Porch, Rear Porch
      • Exterior features: Balcony, Boat Lift, Boat Slip, Dock, Outdoor Shower
      • Has private pool: Yes
      • Pool features: In Ground
      • Has view: Yes
      • View description: River, Water
      • Has water view: Yes
      • Water view: River,Water
      • Waterfront features: Navigable Water, River Access, River Front, Seawall, Direct Gulf Access, Waterfront Community
      Lot
      • Size: 0.42 Acres
      • Features: Cul-De-Sac, Irregular Lot
      Details
      • Additional structures: Boat House
      • Parcel number: 17E18S200020000A00040
      • Zoning: Other
      • Zoning description: Other
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Block, Frame, Vinyl Siding
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1996

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: Not In Hernando
      HOA
      • Has HOA: No
      Location
      • Region: Crystal River

      Financial & listing details

      • Price per square foot: $512/sqft
      • Tax assessed value: $1,253,534
      • Annual tax amount: $15,728
      • Date on market: 9/1/2025
      • Listing terms: Cash,Conventional,Owner May Carry
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        3/9/2026Price change$2,250,000-10%$512/sqft
        Source: HCMLS #2255410 Report a problem
        11/12/2025Price change$2,500,000-3.8%$569/sqft
        Source: HCMLS #2255410 Report a problem
        9/1/2025Listed for sale$2,600,000+18.2%$592/sqft
        Source: HCMLS #2255410 Report a problem
        6/24/2024Listing removed--
        Source: Owner Report a problem
        3/25/2024Listed for sale$2,200,000+25.7%$501/sqft
        Source: Owner Report a problem
        11/5/2022Listing removed--
        Source: Owner Report a problem
        8/7/2022Listed for sale$1,750,000-12.5%$398/sqft
        Source: Owner Report a problem
        6/9/2022Listing removed--
        Source: Owner Report a problem
        3/12/2022Listed for sale$2,000,000+11.1%$455/sqft
        Source: Owner Report a problem
        12/16/2021Listing removed--
        Source: Owner Report a problem
        9/17/2021Price change$1,800,000-2.7%$410/sqft
        Source: Owner Report a problem
        7/2/2021Price change$1,850,000-2.6%$421/sqft
        Source: Owner Report a problem
        4/16/2021Listed for sale$1,900,000+181.5%$432/sqft
        Source: Owner Report a problem
        4/23/2018Sold$675,000-6.9%$154/sqft
        Source: Realtors Association of Citrus County #764535 Report a problem
        2/16/2018Pending sale$725,000$165/sqft
        Source: RE/MAX Realty One - CR #764535 Report a problem
        10/20/2017Listed for sale$725,000+3122.2%$165/sqft
        Source: RE/MAX Realty One - CR #764535 Report a problem
        9/27/2017Sold$22,500$5/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$16,781 +6.7%$1,004,680 +10%
        2024$15,729 +17%$913,345 +10%
        2023$13,448 +10.7%$830,314 +10%
        2022$12,152 +18.3%$754,831 +10%
        2021$10,271 +12%$686,210 +10%
        2020$9,170 +5.2%$623,827 +6.8%
        2019$8,714 +34757.9%$584,094 +33%
        2018$25 $439,147 +2.1%
        2017$25 $430,115 +2.1%
        2016$25 $421,268 +0.7%
        2015$25 +25%$418,340 +0.8%
        2014$20 -20%$415,020 -5.5%
        2013$25 $439,255 +7.3%
        2012$25 $409,364 +3%
        2011$25 $397,441 +1.5%
        2010$25 $391,568 +2.7%
        2009$25 $381,274 +0.1%
        2008$25 $380,894 +3%
        2007$25 $369,800 +2.5%
        2006$25 $360,800 +3%
        2005$25 $350,300 +11%
        2004$25 $315,500 +1.9%
        2003$25 $309,700 +2.4%
        2002-- $302,500 +7%
        2000$17 $282,600
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 34429

        Getting around

        2 / 100
        Car-Dependent
        44 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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