$2,250,000

2435 Watersedge Drive

Crystal River, FL 34429

Active
4
Beds
3
Baths
4,394
Sq Ft
0.42
Acres
1996
Built
WaterfrontWater accessPrivate poolFireplace3-car garage$512/sqft

About this home

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!

Estimated monthly payment

$13,719/mo

Principal & interest$11,377
Property taxes$1,311
Home insurance (est.)$1,031

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history189 days on market

  1. Status: Active
    Sep 1, 2025
  2. Listed$2,600,000
    Sep 1, 2025
  3. Price reduced$2,250,000

Virtual Tour

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
189
Subdivision
Crystal Shore Estates
County
Citrus
Year built
1996
Living area
4,394 sq ft
Price/sq ft
$512
Building area
5,354 sq ft (Public Records)
Lot size
18,260 sq ft
Lot category
1/4 to less than 1/2
Flood zone
AE (12017C0188E)
Garage
3 spaces
Pool
Private pool
Annual taxes
$15,729 (2024)
Parcel #
17E-18S-20-0020-000A0-0040
Zoning
CLR
MLS #
W7878622

Interior Details

Bedrooms
4
Full bathrooms
3
Flooring
Carpet, Ceramic Tile, Concrete
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Microwave, Range, Refrigerator, Washer
Interior features
Built-in Features, Ceiling Fans(s), Dry Bar, Eat-in Kitchen, High Ceilings, PrimaryBedroom Upstairs, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Window Treatments
Laundry
Inside, Laundry Room
Stories / Levels
Two
Direction faces
Northeast
Fireplace
Yes

Heating & Cooling

Heating
Electric, Heat Pump
Cooling
Central Air

Parking

Garage spaces
3
Attached garage
Yes
Parking features
Boat, Guest, Parking Pad

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Listing terms
Cash, Conventional, Owner Financing
Ownership
Fee Simple
Available for lease
No

Exterior & Construction

Exterior features
Awning(s), Balcony, Hurricane Shutters, Lighting, Outdoor Shower, Sliding Doors, Storage
Construction materials
Block, Vinyl Siding, Frame
Roof
Metal
Foundation
Pillar/Post/Pier, Stilt/On Piling
Pool
Private pool
Waterfront
Yes
Water access
Yes
Water view
Yes
Road surface
Paved

Utilities

Sewer
Septic Tank
Water source
Public
Utilities
Cable Available, Electricity Connected, Phone Available, Public, Water Connected

Room Details

RoomLevelDimensions
Living RoomSecond27.7x26.3
KitchenSecond29.6x19.9
Primary BedroomSecond18.5x13.11

Listing Details

Listing date
2025-09-01
On market date
2025-09-01
Original list price
$2,600,000
Occupant type
Vacant
MLS area
34429 - Crystal River
Listing AOR
West Pasco
Status changed
2025-09-01
Tax legal description
CRYSTAL SHORE ESTS PB 2 PG 154 LOT 4 BLK A

Location

Flood zone
AE(12017C0188E)

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.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

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.

Based on information submitted to the MLS GRID as of March 9, 2026 at 8:33 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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