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Your Own Little Slice of Old Florida Waterfront Paradise! Imagine waking up to peaceful water views, sipping your morning coffee from the porch of your future coastal retreat, and spending your afternoons exploring the winding waterways of Ozello with access to the Gulf. Tucked away on a quiet dead-end road in St. Martins Estuary Retreats, this approximately 0.19-acre waterfront parcel offers an opportunity to create something truly special. Dreaming of an elevated coastal cottage, a full-time waterfront residence, or a seasonal escape from those northern winters? Bring your vision and explore the possibilities! Previously home to a residence that has since been removed, the property features a concrete seawall and previously established water, electric and septic infrastructure, with current availability and condition to be verified. Located along Trachel Lake with access toward the Gulf via St. Martins River, this setting captures the charm of Florida's Nature Coast, where boating, fishing, kayaking, wildlife and laid-back coastal living are part of the appeal. Just a short drive from Crystal River's famous manatees, waterfront dining and outdoor adventures, yet tucked away from the everyday hustle. Whether you're envisioning your own waterfront getaway or exploring a future investment opportunity, this is your chance to create a little piece of paradise that's entirely your own. Buyer to verify building requirements, utilities, water depths, navigability and intended use with the appropriate authorities. Existing new floating dock structure is unpermitted; additional information available upon request.

Highlights

  • Land
  • 0.19 Acre Lot
  • Waterfront
  • 5 days on Market

  • Exterior Features
    Dock

  • Acres
    0.19
  • Lot Features
    Wooded, Level, Cleared, Waterfront, Cul-De-Sac, Irregular Lot, Paved
  • Water Front Features
    Lake Front, Lake Privileges
  • Water Front
    Yes
  • View
    Lake, Water, River
  • Utilities
    Cable Available, Electricity Available, Water Connected
  • Water
    Public

  • Area
    34429 - Crystal River
  • County
    Citrus
  • City
    Crystal River
  • Neighborhood
    ST MARTINS ESTUARY RETREATS UNIT 06
  • Zip Code
    34429
  • High School
    Crystal River High School
  • Middle School
    Crystal River Middle School
  • Elementary School
    Crystal River Primary School

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Frequently Asked Questions

How do I schedule a tour of 1585 S Wallace Pt?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1585 S Wallace Pt.

They know lands in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 1585 S Wallace Pt?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $150,000. We can talk through recent upgrades, potential seller motivation, how this land compares to others in Crystal River, and can even get you in to see the property quickly.

How do I get a virtual tour of 1585 S Wallace Pt?

Yes! A virtual tour is available for 1585 S Wallace Pt. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.

How much is the monthly mortgage payment for 1585 S Wallace Pt?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 1585 S Wallace Pt at around $930. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 1585 S Wallace Pt?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Citrus County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 1585 S Wallace Pt?

In most cases, yes. Whether 1585 S Wallace Pt is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Crystal River's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 1585 S Wallace Pt?

We can handle that for you. Our preferred local agent specializes in lands in Crystal River and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

1585 S Wallace Pt was listed on November 08, 2026, which means it's been on the market for 5 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

1585 S Wallace Pt sits on a 0.19-acre lot, which is 8,276 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Crystal River Primary School
  • Middle: Crystal River Middle School
  • High: Crystal River High School

Want to see how these schools compare? Check out our Citrus County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 1585 S Wallace Pt?

The most recent public record shows annual property taxes for 1585 S Wallace Pt were approximately $915. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 1585 S Wallace Pt still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information 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. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Stellar MLS. All rights reserved.

Last Updated: November 13, 2026 at 08:25AM | Source: Stellar MLS | MLS#: TB8566206