Set on a full Acre in the heart of Old Homosassa, this CONCRETE BLOCK RESIDENCE with an ADJACENT DETACHED STUDIO offers a rare combination of character, flexibility, and long-term investment value. Backing up to a protected nature preserve, the property benefits from long-term privacy and preserved green space-an increasingly scarce asset supporting sustained demand and value. The main home evokes the feel of a Tuscan Villa with stone floors, arched door ways, and a wood-burning fireplace. The studio, zoned as an Art or Music Studio, features wood floors, a kitchenette, and full bathroom, provides exceptional versatility and functions seamlessly as a creative workspace. Quality craftsmanship makes the Studio a standout feature of the property. From an investor or homeowner standpoint, the layout and zoning creates multiple use scenarios - including live/work operations, multi-generational living, or income-producing opportunities where permitted. With strong visibility, allowable business use, and proximity to boating & tourism-driven attractions, this investment aligns perfectly for anyone seeking a flexible asset in this high-demand Nature Coast location. Minutes from public boat ramps and popular waterfront destinations such as The Old Mill, Margarita Grill, The Shed, The Freezer, Crumps, and others, this investment offers direct access to the Homosassa River and the lifestyle that draws visitors year-round-boating, fishing, scalloping, and wildlife encounters. Known for its crystal-clear springs, relaxed coastal pace, and consistent appeal to both visitors and residents, Homosassa remains one of Florida's most desirable hidden gems. As well, Citrus County continues to attract national and international interest, making this a distinctive opportunity with lifestyle and investment merit. One (1) Acre adjacent lot is available for purchase separately.