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$340,000 Just Listed
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Property Description
Investor Alert! Located in Fairview Estates on 1.10 acres, this spacious 3 bedroom, 3 bathroom home with just over 2,300 square feet offers incredible potential for the right buyer. Featuring a split floor plan, the layout provides flexibility and privacy, including a third bedroom with its own ensuite that could easily function as a second primary suite, mother in law setup, or convenient pool bath access. Four separate sets of sliding glass doors lead out to the screened in ground pool, creating a bright indoor outdoor feel with abundant natural light throughout. The expansive covered lanai features a low maintenance vinyl ceiling along with a summer kitchen setup, making it great for entertaining. Soaring ceilings, a formal dining room, and separate living area add to the home's spacious feel. Major updates include contemporary French front doors with a 3 point locking system, newer refrigerator and stove, 2014 roof, and 2018 HVAC. The home backs up to a retention area with no rear neighbors, offering an added sense of privacy. This is a true handyman or investor special and the home does need TLC, but the size, layout, acreage, and location create an incredible opportunity to transform the property into something special. The home also includes a coveted Social Membership to Citrus Hills. Fairview Estates, part of the Villages of Citrus Hills, is known for its acre lots, oak lined streets, and tucked away garden atmosphere. Conveniently located about 6 miles from the Shoppes at Black Diamond for restaurants, grocery stores, and shopping, and just 1.5 miles from the 47 mile Withlacoochee State Trail bike and walking trail.
Full Property Details
Full Property Details for 1540 E Wedgewood Ln
General
- Price: $340,000
- HOA FEE: $7/month
- HOA FEE FREQ.: Annually
- Taxes: $2,354 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: OM724444
- Updated: 5/9/2026
- Added to Site: 4 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 3
- Interior Features: Ceiling Fan(s), Central Vacuum, High Ceilings, Primary Bedroom Main Floor, Skylight(s), Split Bedroom, Walk-In Closet(s), Window Treatments
- Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator
- Furnishings: Unfurnished
- Flooring: Carpet, Ceramic Tile, Laminate
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Laundry Room
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Gunite, In Ground, Outside Bath Access, Screen Enclosure
Exterior
- Exterior Features: French Doors, Outdoor Kitchen, Private Mailbox, Private Yard, Rain Gutters, Sliding Doors
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 34442 - Hernando
- County: Citrus
- Development Name: 34442 - Hernando
- Subdivision: FAIRVIEW ESTATES
- Driving Directions: Headed east on E Norvell Bryant HWY, turn left on N Annapolis Ave, at first stop sign take a right on N Indianhead Rd. Lastly, turn right on E Wedgewood Ln, home is on the right.
- Direction Faces: North
School Information
- Elementary School: Central Ridge Elementary School
- Middle School: Citrus Springs Middle School
- High School: Lecanto High School
Community
- Community Name: 34442 - Hernando
- Community Features: Deed Restrictions
- Association: Yes
- Assoc. Name: Parklane Real Estate Services
- Number of Pets: 3
- Pet Restrictions: Please see deed restrictions for more information
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Heat Pump
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Cable TV Available, Electricity Connected
Structural Information
- Exterior Const.: Block, Stucco
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 2,305
- Sq. Ft. Source: Public Records
- Year Built: 1994
Lot Features
- Property View: Garden
- Lot Size (Acres): 1.1
- Lot Size (Sq. Ft.): 47,870
- Lot Size: 1.0989
- Street/Road Desc.: Asphalt
Financial Considerations
- Association Fee: $83
- Assoc Fee Freq.: Annually
- Assoc Fee Desc.: Required
- Tax Amount: $2,354
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: FAIRVIEW ESTATES PB 12 PG 49 LOT 8 BLK J
- Flood Zone Info: X
- APN: 19E18S170010000J00080
- Property ID: 19E18S170010000J00080
- Block/Lot/Section: J
Listed by Lpt Realty, Llc
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Schools
Schools serving 1540 E Wedgewood Ln
School District:Citrus County School District
| Name | Grades | Distance |
|---|---|---|
Central Ridge Elementary School 185 West Citrus Springs Boulevard, Citrus Springs, FL 34434 | PK-5 | 3.7 mi |
Citrus Virtual Instruction Program 1007 West Main Street, Inverness, FL 34450 | K-12 | 7.4 mi |
Citrus Springs Middle School 150 West Citrus Springs Boulevard, Citrus Springs, FL 34434 | 6-8 | 3.5 mi |
Lecanto High School 3810 West Educational Path, Lecanto, FL 34461 | 9-12 | 8.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1540 E Wedgewood Ln
Date
Details
Price
Change
Source
5/08/2026
Listed
$340,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1540 E Wedgewood Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,239
—
$183,212
-45%
2024
$2,239
3%
$333,479
1%
2023
$2,182
11%
$328,638
45%
2021
$1,962
-4%
$226,547
-24%
2022
$2,044
4%
$296,300
38%
2021
$1,962
9%
$214,600
39%
2018
$1,808
1%
$154,148
2%
2017
$1,796
-1%
$150,684
2%
2016
$1,817
-1%
$147,585
-6%
2019
$1,836
—
$157,077
7%
2015
$1,842
-4%
$146,559
—
2014
$1,913
—
$147,286
1%
2013
$1,906
—
$145,110
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1540 E Wedgewood Ln
1540 E Wedgewood Lane, Hernando, FL 34442 (MLS# OM724444) is a Single Family property with 3 bedrooms and 3 full bathrooms. 1540 E Wedgewood Lane is currently listed for $340,000 and was received on May 08, 2026. Want to learn more about 1540 E Wedgewood Lane? Do you have questions about finding other Single Family real estate for sale in Hernando? You can browse all Hernando real estate or contact a Coldwell Banker agent to request more information.

