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For sale
  • Price cut: $16K (8/7)
    $319,000

    5115 S Gray Pelican Way, Homosassa, FL 34448

    2beds
    1,339sqft
    : 
    $2,886/mo
    Get pre-qualified
    Condominium
    Built in 1990
    -- sqft lot
    $-- Zestimate®
    $238/sqft
    $775/mo HOA

    What's special

    Riverfront swimming poolOne-car garageSpacious family roomWood-burning fireplaceTwo screened balconies
    Enjoy true waterfront living—without the maintenance headaches. This beautifully maintained townhome is located in the highly sought-after community of Sportsman's Lodge, perfectly positioned on the main channel of the Homosassa River with unobstructed views of Monkey Island. Just a short stroll from the river and boat docks, this 1,339-square-foot townhome offers 2 bedrooms, 2 bathrooms, a spacious family room with a wood-burning fireplace, two screened balconies, and a one-car garage. The kitchen and bathrooms have been tastefully updated, providing modern comfort while maintaining coastal charm. The property is being sold turnkey, including all furnishings (excluding personal items), making it move-in ready or ideal as a vacation retreat. Living in Citrus County delivers a lifestyle that many seek but few find. From the natural beauty of the gulf-side springs and waterways to a growing selection of national and regional restaurants and retail options, this area continues to attract attention for both residents and visitors alike. Restaurants featuring diverse cuisine, popular café concepts, and expanding shopping choices offer more convenience and variety than ever before. Whether you’re looking for casual waterfront dining, specialty boutiques, or major brand stores, options are steadily increasing throughout the county. For those who travel or commute, easy access to Tampa and the broader Tampa Bay region is a major plus. The nearby Suncoast Parkway provides a direct, hassle-free route south, reducing travel time to urban amenities, professional sports, cultural entertainment, airports, and large-format shopping centers. Enjoy the peace and charm of coastal living while staying well connected to one of Florida’s most dynamic metropolitan areas. Community amenities include a riverfront swimming pool and private docks equipped with fish-cleaning stations, bench seating, kayak racks, and an ice machine. The monthly association fee provides exceptional value, covering flood insurance, water, sewer, trash service, pest control, lawn care, and exterior building maintenance.
    191 days
    |
    117
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Alan Ivory 352-302-9781,

    RE/MAX Realty One

    Source: Realtors Association of Citrus County,MLS#: 852384MLS LogoOriginating MLS: Realtors Association of Citrus County

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Heat Pump
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Microwave Hood Fan, Microwave, Refrigerator, Water Heater, Washer
      • Laundry: Laundry - Living Area
      Features
      • Dual Sinks, Fireplace, Primary Suite, Stone Counters, Shower Only, Separate Shower, Upper Level Primary, Walk-In Closet(s), Wood Cabinets, Window Treatments
      • Flooring: Carpet, Tile
      • Windows: Blinds
      • Has fireplace: Yes
      • Fireplace features: Gas
      Interior area
      • Total structure area: 1,904
      • Total interior livable area: 1,339 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Attached, Driveway, Garage, Garage Door Opener
      • Attached garage spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Exterior features: Blacktop Driveway
      • Pool features: Concrete, In Ground, None, Community
      • On waterfront: Yes
      • Waterfront features: River Front, Waterfront
      • Frontage type: River,Waterfront
      Lot
      • Size: 871 Square Feet
      • Features: Flat
      Details
      • Parcel number: 2546573
      • Zoning: CLR
      • Special conditions: Standard,Listed As-Is

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Multi-Level,Ranch
      • Property subtype: Condominium
      Materials
      • Frame, Wood Siding
      • Foundation: Slab
      • Roof: Asphalt,Shingle
      Condition
      • New construction: No
      • Year built: 1990

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: High Speed Internet Available, Underground Utilities

      Community & HOA

      Community
      • Features: Community Pool
      • Subdivision: Sportsmans Lodge Condo
      HOA
      • Has HOA: Yes
      • Amenities included: Boat Dock
      • Services included: Flood Insurance, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Pool(s), Reserve Fund, Road Maintenance, Sewer, Sprinkler
      • HOA fee: $775 monthly
      • HOA name: Sportsman Lodge Condo
      Location
      • Region: Homosassa

      Financial & listing details

      • Price per square foot: $238/sqft
      • Tax assessed value: $302,614
      • Annual tax amount: $4,650
      • Date on market: 2/17/2026
      • Cumulative days on market: 191 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
        8/7/2026Price change$319,000-4.8%$238/sqft
        Source: Realtors Association of Citrus County #852384 Report a problem
        2/17/2026Listed for sale$335,000-4.3%$250/sqft
        Source: Realtors Association of Citrus County #852384 Report a problem
        12/1/2025Listing removed$349,900$261/sqft
        Source: Realtors Association of Citrus County #844495 Report a problem
        9/17/2025Listing removed$3,500$3/sqft
        Source: Zillow Rentals Report a problem
        8/15/2025Listed for rent$3,500-12.5%$3/sqft
        Source: Zillow Rentals Report a problem
        6/20/2025Price change$349,900-5.2%$261/sqft
        Source: Realtors Association of Citrus County #844495 Report a problem
        5/12/2025Listed for sale$369,000+36.7%$276/sqft
        Source: Realtors Association of Citrus County #844495 Report a problem
        1/31/2025Listing removed$4,000$3/sqft
        Source: Zillow Rentals Report a problem
        1/17/2025Price change$4,000-11.1%$3/sqft
        Source: Zillow Rentals Report a problem
        1/1/2025Listed for rent$4,500$3/sqft
        Source: Zillow Rentals Report a problem
        11/15/2021Sold$270,000-1.8%$202/sqft
        Source: Realtors Association of Citrus County #805757 Report a problem
        9/22/2021Pending sale$274,900$205/sqft
        Source: Realtors Association of Citrus County #805757 Report a problem
        9/17/2021Listed for sale$274,900+17%$205/sqft
        Source: Realtors Association of Citrus County #805757 Report a problem
        2/14/2020Sold$235,000-4.5%$176/sqft
        Source: Realtors Association of Citrus County #781202 Report a problem
        1/15/2020Pending sale$246,000$184/sqft
        Source: Trotter Realty #781202 Report a problem
        10/21/2019Price change$246,000-4.7%$184/sqft
        Source: Trotter Realty #781202 Report a problem
        5/15/2019Price change$258,000-2.3%$193/sqft
        Source: Trotter Realty #781202 Report a problem
        3/4/2019Listed for sale$264,000+56.2%$197/sqft
        Source: Trotter Realty #781202 Report a problem
        8/29/2016Sold$169,000$126/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,650 +7%$264,091 +10%
        2024$4,344 +17.8%$240,083 +10%
        2023$3,689 +3.4%$218,257
        2022$3,569 +20.2%$218,257 +19.9%
        2021$2,970 +7.6%$182,104 +8.8%
        2020$2,759 +87%$167,375 +32.5%
        2019$1,475 +2.3%$126,305 +1.9%
        2018$1,443 $123,950 +2.1%
        2017$1,443 +0.6%$121,401 +61.8%
        2016$1,434 +108.5%$75,043 +0.7%
        2015$688 +0.5%$74,521 +0.8%
        2014$684 +5.8%$73,930 +1.5%
        2013$647 +6.7%$72,838 +1.7%
        2012$606 +1.2%$71,621 +3%
        2011$599 +3.8%$69,535 +1.5%
        2010$577 -0.3%$68,508 +2.7%
        2009$579 +1.4%$66,708 +0.1%
        2008$571 -15.2%$66,641 +3%
        2007$673 0%$64,700 +2.4%
        2006$673 -4.3%$63,200 +2.9%
        2005$704 -0.1%$61,400 +2.8%
        2004$705 +5.7%$59,700 +1.9%
        2003$667 +5.8%$58,600 +2.3%
        2002$630 +5.2%$57,300 +4.6%
        2000$599 $54,800
        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.
        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: 34448

        Getting around

        20 / 100
        Car-Dependent
        35 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Homosassa 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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