2059 WATERFALL DRIVE, SPRING HILL, FL, 34608
Active67 days on marketListed May 18, 2026MLS #TB8509291
About this home
2059 WATERFALL DRIVE
This 4-bedroom, 2-bath home offers a great opportunity for buyers looking to personalize a property and make it their own. This home features a functional layout, a 1-car attached garage, and a large enclosed Florida room that adds valuable additional living space for relaxing, entertaining, or enjoying the spacious backyard setting. The property also includes a separate shed, providing extra storage for tools, lawn equipment, or hobby space. While the cosmetics of the home are mostly original, all major components are currently working as designed, giving buyers a strong starting point for future improvements. The rear of the property previously overlooked a lake, which is currently dried up due to drought conditions, creating a unique backdrop with future potential depending on weather patterns and water levels. Conveniently located just minutes away from Weeki Wachee Springs, Hernando beach, Target and other retail shops, restaurants, schools, Hernando YMCA, medical facilities, and major roadways, this home is a great option for homeowners, investors, or anyone looking for a property with space, potential, and value.
Facts & features
The home at a glance
4
Bedrooms
2
Bathrooms
1,796
Sqft
0.34 ac
Lot size
1
Garage
1973
Year built
One
Levels
$153
Per sqft
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 — not generic estimates.
$2,243 /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
$2,243/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.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−8.7%
$/sqft vs SPRING HILL
$153 vs $198
Days on market
67 vs 29 typical
Where $153/sqft sits among the 276 homes for sale in SPRING HILL
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Spring Hill
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Spring Hill. See the full Spring Hill guide →
SPRING HILL 34608 — neighborhood snapshot
Population
36,565
Median age
42.4
Median income
$62,197
Median home value
$237,400
Avg household
2.54
Households w/ children
4,122
For the school run
Hernando County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Spring Hill market
$320K → $318K
Spring Hill median sold, yr/yr
97.8%
Sale-to-list ratio (12 mo)
137 of 276
SPRING HILL have cut their price
Median sold price, Spring Hill, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 13% below the SPRING HILL 34608 median. See the full Spring Hill market guide →
Paper trail
This home's history
Reality check
What actually sold near 2059 WATERFALL DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$360,000
364 WATERFALL DRIVE · same community
3 bd · 3 ba · 1,792 sqft · $201/sqft · 91 DOM
Sold · Dec ’25$335,750
4476 AZORA ROAD · same community
4 bd · 2 ba · 1,755 sqft · $191/sqft · 205 DOM
Sold · Nov ’25$304,000
1251 MCNEAL ROAD · same community
4 bd · 2 ba · 1,840 sqft · $165/sqft · 43 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
John Carpenter
CFO/Broker · CENTURY 21 Edge
Tours, negotiation, and every question about 2059 WATERFALL DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 2059 WATERFALL DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from John's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
2059 WATERFALL DRIVE FAQs
What would the monthly payment be for 2059 WATERFALL DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,243/mo — principal and interest, the actual property-tax bill 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.
What are the property taxes on 2059 WATERFALL DRIVE?+
The most recent tax bill on record (2025) was $4,104. 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 2059 WATERFALL 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 Spring Hill?+
At $275,000, this home is listed about 20% below the Spring Hill median of $345,000. The market section on this page shows how the area is trending.
Which schools are assigned to 2059 WATERFALL DRIVE?+
Frank W. Springstead High School (high), Explorer K-8 (elementary) — Hernando County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the SPRING HILL 34608 market on paper
$275,000 is 13% below the SPRING HILL 34608 median of $316,490, and at $153/sqft it sits under the Spring Hill average of $199.
02Time on market is leverage
67 days on market against a Spring Hill median of 29 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $300,000, now $275,000 — a $25K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of MIHARA & ASSOCIATES INC. · Michael Cinquemano, Jr.. MLS #TB8509291.
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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