The best waterfront property in Town and River Estates for both views and boating, this rarest of locations combines river frontage, Deep Lagoon frontage, canal frontage, deep water main channel, SW exposure, preserve view, and a nearly new home custom built by award winning PGI Homes! The view from this home is a must-see experience of which words cannot adequately describe. 200ft of seawall, with more than 100ft on the river and more than 90ft along the canal, enables yacht mooring outside the peripheral of your prime scenic vantage point. By water, navigate less than 800ft to the turnaround basin and return to moor your vessel bow-out. By land, travel to and from 866 Cal Cove Drive via the safety and convenience of the traffic signal at McGregor! The home and pool are optimally situated upon the .44 acre lot to create an expansive and spacious fenced backyard. A luxury great room concept residence, it features 4 bedrooms, 3 full baths, 1 half bath, 3 garage spaces, an incredibly well-thought-out chef's kitchen, gigantic island, butler's serving area, and oversized laundry complete with chest freezer. Separately zoned AC for optimal comfort, the master bedroom takes full advantage of the panoramic views. The master bath offers daily resort level escapes to the bubble tub, walk through shower, dual vanities, and massive walk-in closet. Unique to only the most incredible properties, the large outdoor living area transforms from unobstructed open-air views to a roll down screen enclosure at the push of a button! Built high and dry, no water entered the living area of this elevated home during Ian. Peruse the photos, admire the aerial drone shots, watch the video, and schedule an appointment to experience the picturesque scene for yourself. How special is this location? For perspective, the adjacent vacant lot without a canal on the side sold July 2022 for $2.5M.