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4 Beds
4 Baths
2,364 sqft

$575,000

857 N Palm Springs Terrace, Crystal River FL, 34429

Price per sqft$243.23
Built in1980
Property size2,364 sqft
Property typeResidential

Overview

Active

Listed May 23, 2026

Updated Aug 19

Crystal River waterfront living at its finest! This 4-bedroom, 3.5-bath, two-story home is tucked away on a private canal off Kings Bay with direct Gulf access, offering the ultimate Florida lifestyle. Whether you’re searching for a personal waterfront retreat, a part-time getaway, or an income-producing investment, this property checks every box. Currently operating as a turnkey short-term rental, the home also offers tremendous upside potential for increased rental income, as the owners often chose personal enjoyment over maximizing occupancy. Step outside to nearly 100 feet of seawall featuring a private boathouse cut into the seawall — ready for your boat and endless adventures on the water. From here, spend your days fishing in the Gulf, scalloping in the nearby grass flats, kayaking crystal-clear springs, or rafting up with friends at the famous shallows. Crystal River is known worldwide as the “Home of the Manatee,” and it’s not uncommon to watch manatees, dolphins, and schools of fish right from your backyard. Surrounded by wetlands and natural beauty, you’ll also enjoy daily sightings of osprey, bald eagles, hawks, and other native wildlife. Wake up each morning to peaceful sunrise views from the private second-story balcony off the primary suite while sipping coffee and enjoying the tranquil waterfront setting. Located in the highly desirable Palm Springs neighborhood — one of Crystal River’s most sought-after waterfront communities with surrounding million-dollar homes — this property offers an incredible opportunity to own waterfront at a fraction of the price. The home experienced flooding during recent hurricanes but has since been professionally remediated and renovated. Additional updates include a new roof and one new A/C unit installed in 2023. Crystal River continues to grow in popularity for its laid-back “Old Florida” charm, freshwater springs, boating lifestyle, and direct access to the Gulf. Waterfront property here is limited, and demand continues to rise — making opportunities like this increasingly rare. Don’t miss your chance to own a slice of paradise before it’s gone.

$3,825/mo

Est. mortgage payment based on a $575,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
855052

Interior Features

Bedrooms
4
Bathrooms
4
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.23 Acres

Other Property Details

Taxes
$7,197
Tax Frequency
Annually
Garage
Yes
View
Yes
Furnished
Yes
Waterfront
Yes
55+/Senior Community
No

Courtesy of Plantation Realty, Inc., Tina Champagne,
Listing Contact: (352) 804-4495 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Finley-Terrell Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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