11148 W CEDAR LAKE DRIVE, CRYSTAL RIVER, FL, 34428
Active90 days on marketListed May 9, 2026MLS #TB8507027
About this home
11148 W CEDAR LAKE DRIVE
Build your future in beautiful Crystal River with this rare opportunity to own just over 1 acre of vacant land featuring two parcels sold together. Whether you’re planning your dream home, a private retreat, or a smart investment, this property offers endless potential in one of Florida’s most sought-after Nature Coast communities. Enjoy being just minutes from Three Sisters Springs, Crystal River Preserve State Park, and Hunter Springs Park, where you can experience crystal-clear springs, kayaking, fishing, hiking, and unforgettable wildlife encounters. You’ll also love the nearby seafood restaurants, local shops, and small-town coastal charm. With over an acre of space and pricing below market value, this property is an incredible opportunity to build now or hold as an appreciating investment. Land of this size and value in Crystal River doesn’t last long. *Buyer is responsible for verifying all property details, including parcel boundaries, legal description, zoning, and intended use. Buyers are encouraged to obtain a survey during the inspection period to confirm property location and boundaries prior to closing.*
Facts & features
The home at a glance
0.67 ac
Lot size
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.
$464 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
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
Estimated payment
$464/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. 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.
Where it sits
Inside Crystal River
Get to know Crystal River. See the full Crystal River guide →
CRYSTAL RIVER 34428 — neighborhood snapshot
Population
9,325
Median age
55.4
Median income
$48,185
Median home value
$236,100
Avg household
2.15
Households w/ children
690
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)
Median sold price, Crystal River, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 80% below the CRYSTAL RIVER 34428 median. See the full Crystal River market guide →
Paper trail
This home's history
Reality check
What actually sold near 11148 W CEDAR LAKE DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$102,500
11421 W RED PINE COURT
2 bd · 2 ba · 840 sqft · $122/sqft · 101 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
Kat Bonelli
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 11148 W CEDAR LAKE DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 11148 W CEDAR LAKE DRIVE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Kat's phone and CRM.
Straight answers
11148 W CEDAR LAKE DRIVE FAQs
What would the monthly payment be for 11148 W CEDAR LAKE DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $464/mo — principal and interest, the actual property-tax bill, the $54/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 11148 W CEDAR LAKE DRIVE?+
The association fee works out to $54 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 11148 W CEDAR LAKE DRIVE?+
The most recent tax bill on record (2025) was $157. 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 11148 W CEDAR LAKE 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 Crystal River?+
At $37,500, this home is listed about 88% below the Crystal River median of $307,450. The market section on this page shows how the area is trending.
Which schools are assigned to 11148 W CEDAR LAKE DRIVE?+
Crystal River Middle School (middle), Crystal River High School (high), Crystal River Primary School (elementary) — Citrus County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the CRYSTAL RIVER 34428 market on paper
$37,500 is 80% below the CRYSTAL RIVER 34428 median of $189,000.
02Time on market is leverage
90 days on market against a Crystal River median of 42 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $40,000, now $37,500 — a $3K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of COMPASS FLORIDA, LLC · Cristian Pelaez. MLS #TB8507027.
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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