2435 N WATERSEDGE DRIVE, Crystal River, FL, 34429 | $2,500,000

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!

Features

  • Rooms: 3
  • Bedrooms: 4
  • Baths: 3 full
  • Lot Size: 120 x 210
  • Laundry: Inside, Laundry Room
  • Style: Custom
  • Year Built: 1996
  • Garage: 3-car Boat, Guest, Parking Pad
  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 4,394
  • Acreage: 0.42
  • Lot Size: 120 x 210
  • Est. Taxes: $15,728
  • Lot Desc: Cul-De-Sac, Irregular Lot, Landscaped, Oversized Lot
  • View: Water
  • Pool: In Ground, Outside Bath Access
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Microwave, Range, Refrigerator, Washer
  • MLS#: W7878622
  • Days on Market: 72 days
  • Website: https://www.raveis.com
    /eprop/W7878622/2435nwatersedgedrive_crystalriver_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 1/10/2026 6:05:58 PM)
Listing courtesy of Century 21 Alliance Realty   Phone: 352-686-0000

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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2435 N WATERSEDGE DRIVE, Crystal River, FL, 34429

$2,500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,000,000 $2,000,000 $2,000,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.000% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.241% 6.110% 5.972%
Monthly Tax Payment $1,311 $1,311 $1,311
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $11,356 $11,991 $16,608
Total Monthly Payment $12,792 $13,427 $18,044

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.