11870 W WATERWAY DRIVE, HOMOSASSA, FL, 34448
Active100 days on marketListed May 2, 2026MLS #TB8503376
About this home
11870 W WATERWAY DRIVE
Welcome to your slice of coastal luxury in Riverhaven Village, perfectly positioned on the scenic Grand Canal where every day feels like a waterfront getaway. This spectacularly designed home has never flooded, offering peace of mind along with effortless style and comfort. From the moment you arrive, the modern coastal design shines with stone accents, a paver driveway, a new roof (2024) and fresh exterior paint adding to the homes curb appeal. Inside, you’ll find a light, airy interior with luxury vinyl plank flooring throughout, a beautiful dining space, a striking stone-accented electric fireplace & island wall, refreshed bathrooms, and a thoughtfully designed layout that feels both upscale and inviting. Additional upgrades include an on-demand gas water heater (2024) & gas stove adding modern efficiency to this already exceptional home. The heart of the home is the stunning luxury kitchen featuring sleek quartz countertops, and gorgeous herringbone backsplash, with Samsung Bespoke appliances. Start your day off at the dedicated stylish coffee bar (butler's pantry). The spacious primary suite offers room for a comfortable sitting area, dual walk-in closets, and opens directly to the pool; great for early morning dips or quiet evenings under the stars. The ensuite bath is designed for relaxation with a soaking tub, walk-in shower, dual vanities, and a private water closet. The screened-in pool is complete with a new pool heater, has pool bath access, plus plenty of privacy AND space to relax and entertain! Fire up the grill, dine al fresco, and take in breathtaking sunset views from your outdoor composite deck overlooking the canal. Boaters will love the dock and 10,000 lb boat lift with direct Gulf access, making fishing trips, scalloping adventures, and sunset cruises part of your everyday lifestyle. Enjoy effortless access to local amenities by boat or golf cart! Ideally located just minutes from Homosassa Springs, waterfront dining, and vibrant local entertainment. This home also offers access to a lively community with optional social membership—featuring a resort-style pool, clubhouse, tennis courts, pickleball, and a dog park. This is more than a home, it’s a lifestyle defined by sunshine, water, and effortless coastal elegance.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
2,542
Sqft
0.28 ac
Lot size
2
Garage
2003
Year built
One
Levels
$295
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 and the real association fee — not generic estimates.
$5,046 /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
$5,046/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 RIVERHAVEN VILLAGE REP
$295 vs $212
Days on market
100 vs 60 typical
Where $295/sqft sits among the 6 homes for sale in RIVERHAVEN VILLAGE REP
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 Homosassa
Get to know Homosassa. See the full Homosassa guide →
HOMOSASSA 34448 — neighborhood snapshot
Population
10,741
Median age
56
Median income
$47,526
Median home value
$166,000
Avg household
2.28
Households w/ children
866
For the school run
Citrus County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Homosassa market
$314K → $303K
Homosassa median sold, yr/yr
95.9%
Sale-to-list ratio (12 mo)
4 of 6
RIVERHAVEN VILLAGE REP have cut their price
Median sold price, Homosassa, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 240% above the HOMOSASSA 34448 median. See the full Homosassa market guide →
Paper trail
This home's history
Reality check
What actually sold near 11870 W WATERWAY DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Sep ’25$525,000
11765 W TIMBERLANE DRIVE · same community
4 bd · 2 ba · 2,411 sqft · $218/sqft · 249 DOM
Sold · Aug ’25$730,000
11590 W WATERWAY DRIVE · same community
3 bd · 3.5 ba · 2,778 sqft · $263/sqft · 115 DOM
Sold · Jun ’26$325,000
11755 W FISHERMAN LANE · same community
3 bd · 2 ba · 2,069 sqft · $157/sqft · 291 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
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 11870 W WATERWAY DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 11870 W WATERWAY DRIVE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
11870 W WATERWAY DRIVE FAQs
What would the monthly payment be for 11870 W WATERWAY DRIVE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,046/mo — principal and interest, the actual property-tax bill, the $15/mo association fee 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.
How much are the HOA fees at 11870 W WATERWAY DRIVE?+
The association fee works out to $15 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 11870 W WATERWAY DRIVE?+
The most recent tax bill on record (2025) was $6,586. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 11870 W WATERWAY DRIVE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Homosassa?+
At $749,000, this home is listed about 115% above the Homosassa median of $348,975. The market section on this page shows how the area is trending.
Which schools are assigned to 11870 W WATERWAY DRIVE?+
Rock Crusher Elementary 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.
The brief
Three things that matter here
01Positioned at the premium end
$749,000 runs 240% above the HOMOSASSA 34448 median — but at 2,542 sqft it's also 31% larger than the typical Homosassa listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03The price has already moved
Listed at $810,000, now $749,000 — a $61K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of ERA AMERICAN SUNCOAST REALTY · Wendy Hoffmann. MLS #TB8503376.
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.
Never miss a listing
New Homosassa homes, in your inbox
Like 11870 W WATERWAY DRIVE but not quite? A daily digest of every new listing in Homosassa — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask David to ping you on any price or status change →