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Property for sale at 1625 S WALLACE POINT, CRYSTAL RIVER, FL, 34429
Property for sale at 1625 S WALLACE POINT, CRYSTAL RIVER, FL, 34429
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1625 S Wallace PointCrystal River, FL, 34429

2beds
3baths
1,200sqft
Single Family Residence
Built in 2025
$555,000
For sale
$590,000−$35,000 (6%)
Price per sqft
$463
Days on market
42
Listed
Sep 10
Last reduction
−$4,000
Oct 19, 2026
MLS #TB8547533Updated Oct 19, 2026

About this property

This isn’t your everyday waterfront home—and Ozello isn’t your everyday Florida destination. Brand-new construction overlooking the St. Martins River delivers sweeping open-water views, direct Gulf access, and the laid-back Old Florida lifestyle that makes this community so special. Built high with a finished elevation of 19'2", this striking stilt home pairs coastal living with a fresh, modern interior featuring high ceilings, taller doors, PGT windows, plantation shutters, durable Hardie Board siding, aluminum railings, and quality finishes throughout. The kitchen opens beautifully into the living and dining areas with upgraded stainless steel appliances, granite countertops, a double sink, and uninterrupted sightlines toward the water. Slide open the doors and take it outside to the covered porch, where the St. Martins River becomes your everyday backdrop. The layout offers two spacious primary suites, each with a private bath, plus an additional half bath for guests. Outside, the seawall is already in place and the property offers quick access to the Gulf of Mexico—perfect for boating, fishing, scalloping, kayaking, or simply disappearing onto the water for the day. Whether you're searching for a full-time waterfront escape, seasonal retreat, or property with Airbnb/VRBO potential, this one checks some very hard-to-find boxes. New construction, open water, Gulf access, incredible elevation, and move-in-ready finishes—all tucked into one of Florida's remaining Old Florida waterfront communities. Some homes give you a water view. This one gives you the lifestyle.

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Property details

Property type
Single Family Residence
Street address
1625 S Wallace Point
City
Crystal River
State
FL
ZIP code
34429
Year built
2025
New construction
No
Faces
North
Rooms
3
Living area
1,200 sqft
Total building area
3,192 sqft
Levels
One

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at October 20, 2026 at 8:01 AM EDT

Price & sale history

Asking price reduced by $35,000 (5.9%) since first listed.

EventPrice
Price reducedMLS #TB8547533$555,000Change: −5.9%−$35,000
Listed for saleMLS #TB8547533$590,000
History may be incomplete.
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Property for sale at 1625 S WALLACE POINT, CRYSTAL RIVER, FL, 34429
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