2435 N Watersedge Drive
Crystal River, FL, 34429 $ 2,500,000
Bedrooms4 Baths3.0 Sq 4,394 Monthly Estimate*
$ 15,597
for $2,500,000 with 4 bedrooms and 3 full baths. This 4,394 square foot home was built in 1996 on a lot size of 0.42.
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 offer 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 children, 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: The Jewel of Crystal River. 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.
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FeaturesInteriorInterior Amenities Breakfast Bar Breakfast Nook Built-in Features Ceiling Fan(s) Double Vanity Eat-in Kitchen His and Hers Closets Kitchen Island Pantry Primary Bathroom -Tub with Separate Shower Split Bedrooms Walk-In
Flooring Carpet Concrete Tile
Furnished Y/N Negotiable
Fireplace Features Electric
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Laundry Features In Unit Upper Level
Total Bedrooms 4
Total Baths 3
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GeneralSewer Septic Tank
Heating Electric Heat Pump
Cooling Central Air
Utilities Cable Available Electricity Connected Water Connected
Possession Other
Roof Metal
Appliances Dishwasher Disposal Dryer Electric Range Freezer Microwave Refrigerator Washer
Zoning Other
Garage Spaces 3.0
Patio/Porch Features Covered Deck Patio Porch Rear Porch
Architectural Style Traditional
Pool Features In Ground
Construction Materials Block Frame Vinyl Siding
Year Built 1996
View River Water
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Tax Year 2024
Current Use Investment Residential
Waterfront Features Navigable Water River Access River Front Seawall Direct Gulf Access Waterfront Community
County Citrus
New Construction N
Property Type Residential
HOA N
Attached Garage Y
Subdivision Name Not In Hernando
Garage Y/N Y
Other Structures Boat House
Total Rooms 0
Full Baths 3
Status Active
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.
High School Not Zoned for Hernando
City Crystal River
Senior Community Y/N N
Zoning Description Other
Lot Size Units Acres
Lot Size Square Feet 18295.2
Carport Y/N N
Elementary School Not Zoned for Hernando
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 15728.5
Home Warranty Y/N N
Middle/Junior High School Not Zoned for Hernando
Lease Renewal Y/N N
Lease Considered Y/N N
Virtual Tour https://www.zillow.com/view-imx/362f377d-0945-4b18-9662-221a531216b8?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Standard Status Active
Tax Lot 4
Legal Description CRYSTAL SHORE ESTS PB 2 PG 154 LOT 4 BLK A
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ExteriorExterior Amenities Balcony Boat Lift Boat Slip Dock Impact Windows Outdoor Shower Storm Shutters
Parking Features Additional Parking Attached Garage Guest
Lot Features Cul-De-Sac Irregular Lot
Water Source Public
Lot Size Area 0.42
Spa N
Building Area Total 4394.0
Lot Size Acres 0.42
Road Surface Type Paved
Waterfront Y/N Y
Crops Included Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByJared TannerListing Agent
Century 21 Alliance RealtyBroker
jared@c21hernando.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $15,597
- Monthly Property Taxes
- $1,311
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Crystal River, FL
Average List Price $584,308
Percent of Sale Price 77%
About Crystal River, FL 3,547 Population
-9% Since 2002
$ 41,818 Median Income
57.5 Median Age
14% Households with Children
Trends Information provided by ATTOM Data Solutions.
1951932 Elementary School
1951916 Middle School
Not Zoned for Hernando High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/12/2025 | $2,500,000 | -3.85% | Price Down |
| 9/1/2025 | $2,600,000 | | Listed Price |