Rare 115-acre AG-exempt estate in Citrus County with backwater lake access, offering privacy, tax savings, and unlimited potential. This legacy property features a spacious three-level main residence, separate carriage house, pool, pole barn, and pond—can be used for a family compound, recreational ranch, or retreat-style ownership. The land is the true value here: expansive acreage with agricultural exemption in place, back-water access for fishing or boating, and room for horses, livestock, hunting, or outdoor recreation. Improvements provide a solid footprint and opportunity for customization or phased updating, allowing the next owner to create a personalized estate without sacrificing location, acreage, or tax benefits. Buyers seeking space, privacy, and lifestyle over finishes, this property is well-suited for a high-net-worth individual, sportsman, or investor looking for a long-term hold in a low-density Florida market. Properties of this scale, with water access and AG exemption, are increasingly rare. Shown by appointment only.