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$850,000
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Property Description
Luxury Waterfront Living - First Time Ever on the Market! Welcome to one of Riverhaven Village's most remarkable properties - a 3-bedroom plus Den, 2-bath, 3,198 sq. ft. waterfront estate with 300 feet of water frontage on a deep-water canal, offering breathtaking water views from nearly every room. Proudly owned by one family since built and never before listed, this home represents a rare opportunity to own a true legacy property in one of Florida's most desirable boating communities. Built 10 feet above sea level and positioned on one of the largest waterfront lots in Riverhaven, this home was designed for both comfort and sophistication. Step inside to find an open, airy floor plan highlighted by cathedral ceilings, floor-to-ceiling windows, and a wood-burning fireplace that anchors the great room. The formal dining area flows seamlessly into a chef's kitchen with double ovens, abundant cabinetry, and a sunlit breakfast nook overlooking the water. Made for entertaining, the home features a large family room with shiplap walls and a built-in bar - an inviting space for gatherings or quiet evenings at home. The primary suite offers a walk-in closet and an oversized bathroom with a jacuzzi tub, walk-in rain shower, and luxury finishes. Two additional bedrooms provide generous storage - one with a walk-in closet and the other with an extra-large double closet - complemented by a second full bath with dual sinks. A spacious den provides the perfect flex space for an office, guest room, or hobby area. Recent designer-inspired upgrades include: All new luxury flooring throughout the home Updated baths with new fixtures, toilets, and rain shower All new lighting, including ceiling fans and updated chandeliers Fresh interior paint, including doors and baseboards New interior and exterior door hardware All new window blinds and treatments From sunrise coffee on the water to sunset cocktails with friends, every moment here feels like a retreat. With direct boating access, expansive waterfront views, and a rare combination of seclusion and elegance, this home is for those seeking luxury, leisure, and lifestyle in one exceptional address. ROOF 2015, HVAC 2022, WATER HEATER-BRAND NEW!
Full Property Details
Full Property Details for 11950 W Waterway Dr
General
- Price: $850,000
- HOA FEE: $15/month
- HOA FEE FREQ.: Annually
- Taxes: $3,239 (2024)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8437111
- Updated: 1/15/2026
- Added to Site: 96 day(s) ago
Rental Information
- Min. Lease: 3 Months
Interior
- Number of Rooms: 3
- Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), Eating Space In Kitchen, Open Floorplan, Primary Bedroom Main Floor, Window Treatments
- Fireplace: Yes
- Fireplace(s): Wood Burning
- Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Microwave, Range Hood, Refrigerator
- Flooring: Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Laundry Room
Exterior
- Exterior Features: Irrigation System, Lighting, Private Mailbox
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 34448 - Homosassa
- County: Citrus
- Development Name: 34448 - Homosassa
- Subdivision: RIVERHAVEN VILLAGE REP
- Driving Directions: Heading South on Hwy 19 turn right onto Halls River Rd. go down to Riverhaven Village Community take first right on Waterway Dr. go down and house on Left
- Direction Faces: North
School Information
- Elementary School: Homosassa Elementary School
- Middle School: Crystal River Middle School
- High School: Crystal River High School
Community
- Community Name: 34448 - Homosassa
- Association: Yes
- Assoc. Name: Riverhaven Village - Dora Steed
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water District: HOMOSASSA RIVER
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Stucco, Wood Frame
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 3,198
- Sq. Ft. Source: Owner
- Year Built: 1988
Lot Features
- Property View: Water
- Lot Size (Acres): 0.58
- Lot Size (Sq. Ft.): 25,118
- Lot Size: 25118
- Lot Dimensions: 216 x 144
- Street/Road Desc.: Paved
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Canal - Brackish, River
- Water Extras: Yes
- Water Front Name: HOMOSASSA RIVER
- Water Front Desc.: Brackish Water
Financial Considerations
- Association Fee: $180
- Assoc Fee Freq.: Annually
- Assoc Fee Desc.: Required
- Tax Amount: $3,239.62
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: RIVERHAVEN VLG REPLAT OF PT PB 11 PG 126 LOT 49 BLK 40
- Flood Zone Info: AE
- APN: 16E19S250020004000490
- Property ID: 16E19S250020004000490
- Block/Lot/Section: 40
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Schools
Schools serving 11950 W Waterway Dr
School District:Citrus County School District
| Name | Grades | Distance |
|---|---|---|
Homosassa Elementary School 10935 West Yulee Drive, Homosassa, FL 34448 | PK-5 | 1.2 mi |
Crystal River High School 3195 Crystal River High Drive, Crystal River, FL 34428 | 8-12 | 8.5 mi |
Crystal River Middle School 344 Northeast Crystal Street, Crystal River, FL 34428 | 6-8 | 8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11950 W Waterway Dr
Date
Details
Price
Change
Source
10/14/2025
Listed
$850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 11950 W Waterway Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,384
4%
$670,826
-3%
2024
$3,240
3%
$689,878
3%
2023
$3,160
11%
$667,742
64%
2021
$2,838
-4%
$406,018
-24%
2022
$2,954
4%
$536,508
35%
2021
$2,838
6%
$397,223
103%
2018
$2,669
—
$196,116
2%
2017
$2,663
-1%
$192,082
2%
2016
$2,690
—
$188,131
-6%
2019
$2,699
1%
$199,842
7%
2015
$2,663
-2%
$186,823
1%
2014
$2,718
-9%
$185,340
-6%
2013
$2,980
—
$197,510
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 11950 W Waterway Dr
11950 W Waterway Drive, Homosassa, FL 34448 (MLS# TB8437111) is a Single Family property with 3 bedrooms and 2 full bathrooms. 11950 W Waterway Drive is currently listed for $850,000 and was received on October 14, 2025. Want to learn more about 11950 W Waterway Drive? Do you have questions about finding other Single Family real estate for sale in Homosassa? You can browse all Homosassa real estate or contact a Coldwell Banker agent to request more information.

