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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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,555,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,244,000 | $1,244,000 | $1,244,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.251% | 6.235% | 6.183% |
| Monthly Tax Payment | $673 | $673 | $673 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,260 | $7,559 | $10,498 |
| Total Monthly Payment | $8,058 | $8,357 | $11,296 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.