Date
Details
Price
Change
Source
4/07/2026
Listed
$995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$995,000 Just Listed
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Property Description
Discover this stunning outlet river-front property in Lake Panasoffkee! This unique 48.6-acre property is mostly wooded with a few open areas, featuring two ponds and several low-lying spots. It includes a house and a mobile home-the latter currently rented-though the true value lies in the expansive land. Free-roaming horses add to the rural charm and scenic appeal. The largest parcel boasts split zoning of A10C and RR5, with the remaining three parcels zoned R4M, offering possibilities. With approximately 1,655 feet of frontage along the outlet and 1,125 feet on C-470, this property is ideal for fishing, boating, or simply enjoying waterfront living. By water, it's about 0.5 miles to Lake Panasoffkee and 1.4 miles to the Withlacoochee River. Whether you're seeking a private retreat, a development opportunity, or a recreational haven, this property delivers. Easy access to restaurants, shopping, and major highways enhances the convenience of this one-of-a-kind location. 5-minute drive to I-75 and conveniently close to SR 44 to the north. The popular community of The Villages is a short 20-minute drive to the east, while Inverness lies to the west. Orlando and Tampa are each just about an hour away, making this location perfect for both recreation and accessibility.
Full Property Details
Full Property Details for 2992 N C 470
General
- Price: $995,000
- Taxes: $2,767 (2025)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: G5110150
- Updated: 4/7/2026
- Added to Site: 3 day(s) ago
Location
- Area: 33538 - Lake Panasoffkee
- County: Sumter
- Development Name: 33538 - Lake Panasoffkee
- Subdivision: SQUIRREL HAVEN
- Driving Directions: Coming from Wildwood, go West onto FL SR 44. Turn left onto N - CR 470. Go about 5 miles and property will be on your left. On CR 470 & CR 417.
Community
- Community Name: 33538 - Lake Panasoffkee
Utilities
- Sewer: None
- Water: Well
- Utility Description: Other
Structural Information
- Current Bldg. Use: Agricultural
Lot Features
- Property View: Water
- Lot Size (Acres): 48.6
- Lot Size (Sq. Ft.): 2,064,744
- Lot Size: 47.4
- Lot Dimensions: 1016 x 2032
- Street/Road Desc.: Dirt, Unimproved
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Canal - Freshwater
- Water Front Desc.: Freshwater Canal
Financial Considerations
- Price Per Acre: $20,473
- Tax Amount: $2,767.8
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: ALL GOV'T LOT 5 W OF SQUIRREL HAVEN SUBDLESS HWY R/W & LESS THAT PART OF GOV'T LOT 5 LYING S & W/LY OF SR 470 R/W & LESSTHAT PORTION LYING W OF THE FOLLOWING DESC LINE BEG 43.75 FT N & 599.62 FT W OF S1/4 COR OF SEC RUN N 19 DEG 35 MIN 21SEC W 699.12 FT N 18 DEG 05 MIN 31 SEC W 324.02 FT TO WATERS OF LAKE & END OF LINE
- Flood Zone Info: AE*
- APN: F30011
- Property ID: F30011
Listed by Smith & Smith Realty, Inc.
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Listing agent
— 2992 N C 470 —
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Price & Sales History for 2992 N C 470
Tax History
Tax History for 2992 N C 470
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,606
—
$189,690
4%
2024
$2,606
35%
$183,210
—
2023
$1,924
4%
$183,030
22%
2021
$1,852
10%
$149,640
—
2022
$1,680
-9%
$149,640
-11%
2021
$1,852
-10%
$167,460
15%
2019
$2,048
23%
$145,650
10%
2018
$1,663
10%
$132,670
10%
2017
$1,517
—
$120,870
1%
2016
$1,523
5%
$119,560
8%
2015
$1,447
-3%
$111,040
—
2014
$1,489
-9%
$111,040
-7%
2013
$1,645
—
$118,790
—
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 2992 N C 470
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- Single Family
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- Updated 13 days ago
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Listed by Jacobs Premier Properties
Sold by Jacobs Premier Properties
Sold by Jacobs Premier Properties
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Listed by Realty Executives in The Villages
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Sold by Era Grizzard Real Estate
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Listed by Realty Executives in The Villages
Sold by Flamingo Real Estate & Mngmt
Sold by Flamingo Real Estate & Mngmt
2992 N C 470, Lake Panasoffkee, FL 33538 (MLS# G5110150) is a Lots/Land property with a lot size of 48.6 acres. 2992 N C 470 is currently listed for $995,000 and was received on April 07, 2026. Want to learn more about 2992 N C 470? Do you have questions about finding other Lots/Land real estate for sale in Lake Panasoffkee? You can browse all Lake Panasoffkee real estate or contact a Coldwell Banker agent to request more information.