Under contract-accepting backup offers. Attention Rehabbers and Savvy Investors: Bring your vision to this Mediterranean-style retreat tucked away on a sprawling, private 1.15-acre lot. This property offers the perfect "bones" for a high-value transformation in the heart of Homosassa. Built in 1970 with durable concrete block and a stucco exterior, this residence provides a solid foundation for a long-lasting renovation. The interior features 1,104 square feet of living space, including a family room and separate den/study with a focal-point stone fireplace. Outdoor living is equally promising with a shaded patio and front porch that capture quintessential "Old Florida" charm. The massive backyard provides ample room for an RV loop, additional workshops, or a pool, while the existing detached garage serves as a perfect staging area for tools during the rehab. Located just minutes from Gulf boat ramps, world-class fishing, and the Suncoast Blvd corridor, this property balances secluded privacy with easy access to Crystal River amenities. The property is being sold As-Is. Whether you are looking to modernize the existing Mediterranean aesthetic or execute a full interior overhaul, the expansive lot and solid construction provide a significant equity opportunity in a growing market.