*****Insurance****** This home has not flooded in any of the recent storms. Current flood insurance is $1100 annually, offering a significant advantage compared to many nearby properties facing substantially higher premiums exceeding $10K a year.***** **Recently repositioned to reflect current market conditions, this property presents an exceptional value opportunity in Homosassa.** Discover this custom built Joe Flynn residence offering timeless craftsmanship and modern updates, perfectly positioned with direct access to the Homosassa River and The Gulf. Built in 2007 on an engineered foundation with 67 pilings, this 3 bedroom, 3 bath, plus office, single story home spans 3,281 sq. ft. and combines elegance with durability. Step through the double door entry into a freshly painted interior enhanced by plantation shutters, coffered ceilings, arched doorways, crown molding, and 6 panel doors. Every bedroom features a walk in closet with built in organizers, and each bath offers generous linen storage and corian countertops. The office showcases floor to ceiling built ins, while stained glass accents in the bathrooms add unique artistry. The chefs kitchen impresses with quartz countertops (2021), high end appliances (2019), a spacious island, and abundant cabinetry. Gather in the Florida room with its indoor grill, bar, sink, and solar shadesperfect for entertaining year round. A propane fireplace adds warmth and character to the living room. Recent upgrades include a new A/C (2022), 22kW whole house generator (2021), fresh paint (2021), and new carpet (2021), ensuring comfort and peace of mind. Technology is integrated throughout with a security system, surround sound, and built in speakers. Outdoors, enjoy a two car garage, with a custom tool bench, 9,000 lb boat lift, brick paver patio, beautiful landscaping ,fish cleaning station and brick fire pit facing the wateran anglers dream setup. Ideally located near the water, marinas, restaurants, and outdoor recreation, this waterfront retreat offers the best of Florida's Nature Coast Lifestyle with the added benefit of never flooding and its just a short boat ride away from the Gulf. Combined with its location, exceptional condition, and carrying costs, this property stands out as a rare and compelling value in today's market.