UPDATE: 1) 2nd PRICE REDUCTION! Welcome to old Florida living! Beautiful and spacious 2/2 split bedroom with an open floor plan, located in the much desired subdivision of Blue Water Estates. The home was APPRAISED for $398,000 in mid-2025 so it is now $58,000 under the appraised value. This home has been completely renovated and turn key with furnishings as an option. Several significant upgrades have been added since the appraisal. Here is what’s “NEW” with the home:(12-24) Roof and Gutters, (12-24) Lower Kitchen Cabinets, (12-24) Large / Oversized Island, (12-24) Quartz Countertops, (12-24) Septic Drain Field , (01-25) 3-ton HVAC System & (05-25) Sod & Landscaping, lastly, a new water heater and fencing (2-26) were added. Also “NEW”, Samsung Stainless Steel Appliances, Bathroom Vanities, Toilets, Lights and Ceiling Fans and Interior and Exterior paint. The home including the large screened-in patio are tiled throughout. One living room wall is covered with Pecky Cypress Wood and the adjoining wall is Slate Stone with a large wood-burning fireplace and oversized Pecky Cypress Mantle. The rooms are spacious, there is excellent storage in the kitchen and a very large laundry room which has also been renovated. There is a two-car garage and additional driveway parking for (6) additional cars or a boat or camper. Incredible, beautiful, peaceful home / location. Located on a (22) home peninsula in the Blue Water Estates area of the river. The south and rear of the home abuts 23 acres of beautiful natural forest full of wildlife. The home is one street off the river and a mile and a half to everything that Homosassa has to offer within only 1.5 miles. Groceries, boat ramps, bars, restaurants, shopping, gas, Homosassa Wildlife Park and so much more. Excellent for investors.