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$499,900 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 1,856 Sq. Ft.
  • Updated 3 days ago
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Lakefront living at its finest! This unique property offers almost half an acre of waterfront and includes two separate homes, creating an exceptional opportunity for a full-time residence, vacation retreat, investment property, or multi-generational living. The elevated main home features 2 bedrooms and 2 bathrooms, with wraparound porches designed to take full advantage of the panoramic lake views. Inside, the spiral staircase and fireplace add character and charm, while two primary bedrooms provide comfortable accommodations. Covered parking beneath the elevated home offers convenient protection for vehicles, boats, or recreational equipment. Immediately adjacent is a separate 2-bedroom, 1-bath guest house, offering additional living space and flexibility. The guest house features a Jack-and-Jill bathroom and sliding doors that provide easy access to the surrounding outdoor spaces. With two homes on the property, there are numerous possibilities for guests, extended family, or rental use. The property is surrounded by water on three sides, with canals bordering both sides and direct lake frontage. A 2-slip boathouse provides convenient access for enjoying everything Lake Panasoffkee has to offer. Lake Panasoffkee is a 4,460-acre spring-fed lake known for fishing, boating, and outdoor recreation. The lake provides access to the Outlet River and Withlacoochee River, offering even more opportunities to explore the waterways. Conveniently located less than 10 minutes from I-75, with easy access to the Florida Turnpike, The Villages, shopping, restaurants, schools, and surrounding communities. Whether you're looking for a peaceful lakefront retreat, a property with room for family and guests, or an investment opportunity, this property offers a rare combination of waterfront, space, flexibility, and convenience. Schedule your private showing and experience the possibilities of lakefront living for yourself.

Full Property Details for MLS# G5117888

General

  • Price: $499,900
  • Taxes: $3,619 (2025)
  • Status: Active
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: G5117888
  • Updated: 9/18/2026
  • Added to Site: 4 day(s) ago

Interior

  • Number of Rooms: 8
  • Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), Eating Space In Kitchen, Open Floorplan, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Walk-In Closet(s)
  • Fireplace: Yes
  • Fireplace(s): Wood Burning
  • Appliances: Electric Water Heater, Range, Range Hood, Refrigerator
  • Furnishings: Negotiable
  • Flooring: Carpet, Tile, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Laundry Room

Exterior

  • Exterior Features: Sliding Doors
  • Deck/Patio: Covered, Wrap Around
  • Porch/Patio/Deck: Covered, Wrap Around

Location

  • Area: 33538 - Lake Panasoffkee
  • County: Sumter
  • Development Name: 33538 - Lake Panasoffkee
  • Subdivision: NONE
  • Driving Directions: From I-75, Go West on CR 470. Then right onto CR 464. Follow around to NW 15TH AVE. There will be a Century 21 sign in the yard.
  • Direction Faces: North

Community

  • Community Name: 33538 - Lake Panasoffkee

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Septic Tank
  • Water District: LAKE PANASOFFKEE
  • Water: Public
  • Utility Description: BB/HS Internet Available, Electricity Connected

Structural Information

  • Exterior Const.: Wood Frame, Wood Siding
  • Roof: Metal
  • Stories/Levels: Two
  • Square Feet: 1,856
  • Sq. Ft. Source: Public Records
  • Year Built: 1990

Additional Structures

  • Other Structures: Boat House, Guest House

Lot Features

  • Property View: Water
  • Lot Size (Acres): 0.45
  • Lot Size (Sq. Ft.): 19,602
  • Lot Size: 19602
  • Frontage: Street Dead-End
  • Street/Road Desc.: Other

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Access: Yes
  • Water Access Desc: Lake
  • Water Extras: Yes
  • Water Front Name: LAKE PANASOFFKEE
  • Water Front Desc.: Lake Front

Financial Considerations

  • Tax Amount: $3,619.79
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: To be determined by closing agent and/or survey
  • Flood Zone Info: AE
  • APN: J04060
  • Property ID: J04060
  • Block/Lot/Section: NA

Listed by Century 21 Prime Property Resources Inc

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— MLS# G5117888 —

  • Century 21 Prime Property Resources Inc

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NMLS#: 1598647

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Price & Sales History for MLS# G5117888 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/18/2026
Listed
$499,900
—
MLS
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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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Listed by Century 21 Prime Property Resources Inc

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MLS# G5117888, Lake Panasoffkee, FL 33538 (MLS# G5117888) is a Single Family property with 4 bedrooms and 3 full bathrooms. MLS# G5117888 is currently listed for $499,900 and was received on September 18, 2026. Want to learn more about MLS# G5117888? Do you have questions about finding other Single Family 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.

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