Introducing 32548 River Road, the ideal setting for the water enthusiast! Situated on a .52 +/- acre parcel offering approximately 131 feet of water frontage on the Indian River Bay, this property's features would be hard to duplicate in today's market. A 240' dock complete with recently updated water, electric and a boat lift is a must have for any sailor or fisherman. The sandy beach area at low tides complete with easy access via steps from the bulkheading makes for easy launching of a paddleboard, kayaks or canoe! After a long day of water adventures, one can relax in the shaded, waterfront gazebo or take a refreshing swim in the 12' x 20' solar heated pool! The spacious rear yard also offers plenty of space for sunbathing, gazing at the calming waters, or enjoying a game of horse shoes! Not only is the lot a rarity in today's market, the Post and Beam construction of this 4,492sq/ft, 4BR, 4.5BA home with guest apartment is also a unique find! The home's original hardwood floors, exposed beams, wide open living spaces and panoramic views are certain to wow you. Special features include a vast brick 2-sided gas fireplace in the main living area and kitchen, spiral staircase, brick wood burning fireplace in the primary suite, dramatic vaulted ceilings on the 2nd level, flex space that is currently used as a den but could be converted to a first-floor bedroom, home office or fitness room, and a recently updated kitchen complete with new stainless appliances and quartz counters. This home also features a 2BR, 1BA guest apartment complete with a private entrance, spacious living area with a wood burning fireplace, full kitchen and great water views. Recent updates include 4 mini split systems for cooling and heating, and sun deck rebuilt with easy maintenance TREX decking. Updates are too numerous to list and will be provided upon request! This property's layout is ideal for one seeking a vacation property and investment in one! Truly a one – of – a kind property!