857 N PALM SPRINGS TERRACE, CRYSTAL RIVER, FL, 34429
Active12 days on marketListed Sep 8, 2026MLS #OM731763
About this home
857 N PALM SPRINGS TERRACE
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 has 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 of Mexico. 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.
Facts & features
The home at a glance
4
Bedrooms
3.5
Bathrooms
2,364
Sqft
0.23 ac
Lot size
1
Garage
1980
Year built
Two
Levels
$243
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$4,113 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$4,113/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Crystal River actives
$243 vs $220
Days on market
12 vs 53 typical
Where $243/sqft sits among the 160 Crystal River actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Crystal River
Get to know Crystal River. See the full Crystal River guide →
CRYSTAL RIVER 34429 — neighborhood snapshot
Population
9,494
Median age
63.7
Median income
$57,716
Median home value
$220,300
Avg household
2.14
Households w/ children
490
For the school run
Citrus County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Crystal River market
$315K → $325K
Crystal River median sold, yr/yr
93.8%
Sale-to-list ratio (12 mo)
86 of 160
Crystal River actives have cut their price
Median sold price, Crystal River, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 113% above the CRYSTAL RIVER 34429 median. See the full Crystal River market guide →
Paper trail
This home's history
Reality check
What actually sold near 857 N PALM SPRINGS TERRACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Aug ’26$1,325,000
307 68TH · same community
3 bd · 2.5 ba · 1,829 sqft · $724/sqft · 85 DOM
Sold · Dec ’25$2,200,000
1242 N CIRCLE DRIVE
3 bd · 2 ba · 2,339 sqft · $941/sqft · 35 DOM
Sold · May ’26$645,000
1045 N CRESCENT DRIVE
4 bd · 3 ba · 2,300 sqft · $280/sqft · 3 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Kevin Johnson
CEO & Managing Broker · CENTURY 21 Edge
Tours, negotiation, and every question about 857 N PALM SPRINGS TERRACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 857 N PALM SPRINGS TERRACE — before you fall in love.
See it in person
Schedule a tour
Live availability from Kevin's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
857 N PALM SPRINGS TERRACE FAQs
What would the monthly payment be for 857 N PALM SPRINGS TERRACE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,113/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 857 N PALM SPRINGS TERRACE?+
The most recent tax bill on record (2025) was $7,612. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Crystal River?+
At $575,000, this home is listed about 84% above the Crystal River median of $312,000. The market section on this page shows how the area is trending.
Which schools are assigned to 857 N PALM SPRINGS TERRACE?+
Crystal River Primary School (elementary), Crystal River Middle School (middle), Crystal River High School (high) — Citrus County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of OCALA MARION COUNTY ASSOCIATION OF REALTORS® INC · Reciprocal Listing OMCAR. MLS #OM731763.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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