Under contract-accepting backup offers. Discover one of the most exceptional waterfront settings on the Rainbow River, where crystal-clear spring-fed waters meet privacy, space, and authentic Old Florida charm. This rare corner parcel offers approximately 200 feet of prime direct river frontage, capturing sweeping panoramic views and refreshing breezes, tucked away from tubers and boaters in a low-traffic corner of the river. This spacious 4-bedroom, 3-full bathroom home with a 2-car garage features over 2,200 square feet of thoughtfully designed living space. Highlights include a split-bedroom layout, abundant natural light, and a screened rear porch overlooking the river—ideal for entertaining or simply unwinding with breathtaking sunset views. Key Features & Upgrades: Approximately 200 feet of prime corner waterfront on the Rainbow River, complemented by expansive decking and multiple dock areas, New boathouse with boat lift (2021), New standing seam metal roof (2023), Concrete seawall, Granite countertops in the kitchen, Large backyard shed for additional storage, Whole-home central vacuum system, Attached 2-car garage, River-fed irrigation system, Floating dock, Step outside to your private waterfront oasis, complete with a newer covered boathouse and boat lift—ready for effortless days on the water. This peaceful stretch of the Rainbow River is in a protected no-wake zone, creating a mirror-like surface perfect for swimming, paddleboarding, kayaking, and floating right from your backyard. Enjoy a rare and inviting water entry experience with a shallow wading area along the shoreline that gradually transitions to deeper water—ideal for all ages. Multiple access points include a ladder from the dock and a fun seat swing for an unforgettable entry into the river. The water maintains a constant 72 degrees year-round, with pristine clarity that makes it feel like your own private natural spring. Enjoy a cleaner swimming area with a built-in river-fed dock system that gently pushes away floating debris—just turn the spigot, no effort needed. Lifestyle & Location: Nestled in the desirable Blue Cove community, this golf cart-friendly neighborhood features a low, non-mandatory HOA of just $100 yearly. Residents enjoy access to a private community park and a dock with boat ramp. Located within city limits in a quiet, tucked-away setting with paved streets, the property has no minimum lease restrictions—making it an excellent choice for a full-time home, vacation retreat, or income-producing investment. The unique peninsula-style positioning on this corner lot delivers enhanced privacy and expansive water views, creating a rare sense of openness. With recent waterfront upgrades, this home offers the perfect blend of a private oasis and exceptional positioning on one of Florida’s most iconic spring-fed rivers. Live the Rainbow River lifestyle from your own backyard—an exceptional blend of rarity, tranquility, and unmatched natural beauty.