Huge price adjustment! New lower price at $450,000. Looking for a canal waterfront, Gulf access, pool home with 2 Master suites along with a 3rd BR and 4 baths in the River Forest boating community?? Then you must see this home and envision it's potential with your finishing touches. This location provides quick and easy access to the Caloosahatchee River for your boating pleasure. The home has been affected by Hurricane Ian and most recently Milton, but the house has a good solid structure and has been remediated & ready for your repairs/personal finishing touches. NEW as follows: roof in 2017; whole house generator in 2018 and serviced after flood; Boat lift has a new motor as of 2022; 2 AC units (one for each floor) in 2023 and just serviced in 2024; Pool pump and motor 2024; Electric for the home has GFI breakers in baths and kitchen; main electric panel has a new surge protector for the pool- 2022. UNIQUE for this 2,241sq ft home is there is one master BR located upstairs with a balcony overlooking the lovely water view. The master bath has dual sinks, jetted tub & shower; The 2nd Master BR is on the first floor w/French doors opening up onto the pool area & the bath used as a pool bathroom, as well. The 3rd BR located on the 1st floor has French doors leading directly onto the pool/lanai area. Within the screened lanai pool area is the perfect place for a future outdoor kitchen and just steps away to the dock area overlooking the canal water view. A propane gas line is already in place for a gas grill to be installed for your future outdoor kitchen. Enjoy the outdoor wood burning fireplace & relaxing by the water. The HOA is voluntary and not required.