This truly unique waterfront home blends history, character, and functionality in a setting that is hard to replicate. Originally built in 1971 as a fishing camp, the home was thoughtfully expanded in 2002 with a second story addition, along with the current living room and porches, transforming it into a spacious family home with room to grow. Situated on a canal with access to Church Lake and the Tsala Apopka chain, the property offers direct waterfront living with the added benefit of being located directly across from the protected Flying Eagle Preserve, providing a natural backdrop of thousands of acres of untouched Florida wilderness with no rear neighbors. The home features 5 bedrooms, a large office, and 3 bathrooms, offering flexibility for families, guests, or work from home needs. The living room is positioned to take full advantage of the water views, creating a peaceful and inviting main living space. Just beyond, a large deck overlooks the canal, providing the perfect space to relax, entertain, or enjoy the natural surroundings and wildlife. Throughout the home, you will find warm wood finishes that add character and a true Old Florida feel. The kitchen has been updated with stainless steel appliances, and key improvements throughout the home include a new roof in 2023, updated electrical panel and wiring, an electric tankless whole house water heater, new septic and drain-field in 2024 and separate air conditioning units for each story. The downstairs subfloor has also been replaced. Additional features include a downstairs laundry area with a laundry chute, a fully fenced yard with an electric gate, and close proximity to a public boat ramp located approximately 75 yards away, making water access quick and convenient. While the property is located in a flood zone, the home has never flooded and offers a transferable flood insurance policy currently at just $571 per year. This is a rare opportunity to own a waterfront home with space, updates, and direct access to nature, all while being surrounded by one of Citrus County's most expansive conservation areas.