GORGEOUS LAKEFRONT LADY IN HISTORIC INVERNESS! Imagine calling this gracious home your own. They don't make 'em like this anymore! Large .59 acre property on the lake with its own dock/boathouse downtown right in the middle of everything. Statuesque mature trees draped in moss add to the sweet southern charm of this lovely house featuring a wraparound front porch just calling out for tea parties and mint juleps. Enter the home to behold a magnificent arching staircase, real (original?) wooden floors and transom windows. Multiple fireplaces and an outside spiral staircase add architectural interest. A Mackenzie Childs bathroom complete with clawfoot tub increases the overall esthetic. Additionally, a back deck provides a perfect spot for BBQ’s and family gatherings while drinking in the fantastic lake view and watching children and pets play on the expansive lawn. This beautiful home needs TLC and restoration to bring her back to her former and future glory, but oh the bones! Like a slightly faded silent era movie star, she will mount a comeback with a new owner who appreciates her wit, charm, and potential to shine as a historic BnB, law office or as your own perfectly stunning residence! Per County Historical Resources, the property at 414 Lake St Inverness is known as the Baxter Morrison house. Lake Morrison is named after this gentleman. Ask about the County’s historical write-ups on the Morrison family.
For sale
$549,900
414 Lake ST, INVERNESS FL 34450, Inverness, FL 34450
5beds
3,154sqft
Single Family Residence
Built in 1905
0.56 Acres Lot
$535,900 Zestimate®
$174/sqft
$-- HOA
What's special
Multiple fireplacesFantastic lake viewWraparound front porchBack deckOutside spiral staircaseExpansive lawnMagnificent arching staircase
- 9 days
- 167
- 26
Zillow last checked:
Listing updated:
Listed by:
Tammy Diaz 352-817-4051,
BHHS FLORIDA SHOWCASE PROPERTIES 352-746-0744,
Jill Welker 352-270-1693,
BHHS FLORIDA SHOWCASE PROPERTIES
Source: Stellar MLS,MLS#: CC857858
Originating MLS: Ocala - Marion

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Heat Pump
Cooling
- Central Air
Appliances
- Included: Electric Cooktop, Dishwasher, Disposal, Freezer, Microwave, Convection Oven, Refrigerator
- Laundry: Inside
Features
- Tray Ceiling(s), Vaulted Ceiling(s), Other, Stone Counters, Eating Space In Kitchen, Solid Wood Cabinets
- Flooring: Tile, Hardwood
- Doors: French Doors
- Fireplace features: Wood Burning
Interior area
- Total structure area: 3,721
- Total interior livable area: 3,154 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Driveway
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Balcony
- Fencing: Vinyl,Wood
- Has view: Yes
- View description: Lake
- Water view: Lake
- Waterfront features: Canal - Freshwater, Lake Front, Lake Privileges
Lot
- Size: 0.56 Acres
- Dimensions: 95 x 256
- Features: Cleared, Corner Lot, Irregular Lot, Other, Room For Pool, Sloped, Wooded
Details
- Additional structures: Kennel/Dog Run, Garage(s), Utility, Boat House
- Has additional parcels: Yes
- Parcel number: 2378492
- Zoning: LMD,R1
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding, Wood Siding
- Foundation: Pillar/Post/Pier
- Roof: Metal
Condition
- Completed
- New construction: No
- Year built: 1905
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Thermostat
Community & HOA
Community
- Pet fee: $0 monthly
HOA
- Has HOA: No
Location
- Region: Inverness
Financial & listing details
- Price per square foot: $174/sqft
- Tax assessed value: $499,173
- Annual tax amount: $9,952
- Date on market: 9/11/2026
- Cumulative days on market: 62 days
- Listing terms: Cash,Conventional
- Total actual rent: 0
- Road surface type: Paved
Estimated market value
$535,900
$509,000 - $563,000
$2,581/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/13/2026 | Listed for sale | $549,900-8.2%$174/sqft |
Source: | ||
| 4/11/2025 | Listing removed | $599,000+2.4%$190/sqft |
Source: | ||
| 12/18/2024 | Price change | $585,000-2.3%$185/sqft |
Source: | ||
| 10/16/2024 | Listed for sale | $599,000-11.3%$190/sqft |
Source: | ||
| 10/14/2024 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/28/2024 | Listed for sale | $675,153-10%$214/sqft |
Source: Owner Report a problem | ||
| 12/16/2023 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/17/2023 | Listed for sale | $750,000+2.7%$238/sqft |
Source: Owner Report a problem | ||
| 8/14/2023 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/18/2023 | Listed for sale | $730,000+8.1%$231/sqft |
Source: | ||
| 4/30/2023 | Listing removed | -- |
Source: Owner Report a problem | ||
| 1/30/2023 | Price change | $675,000-12.9%$214/sqft |
Source: Owner Report a problem | ||
| 12/22/2022 | Listed for sale | $775,000-0.3%$246/sqft |
Source: Owner Report a problem | ||
| 10/22/2022 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/24/2022 | Listed for sale | $777,000-11.4%$246/sqft |
Source: Owner Report a problem | ||
| 6/22/2022 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/24/2022 | Listed for sale | $877,000+165.8%$278/sqft |
Source: Owner Report a problem | ||
| 1/3/2020 | Sold | $330,000-10.5%$105/sqft |
Source: Public Record Report a problem | ||
| 11/9/2019 | Pending sale | $368,800$117/sqft |
Source: Keller Williams Realty Elite Partners II #783927 Report a problem | ||
| 6/19/2019 | Listed for sale | $368,800$117/sqft |
Source: Keller Williams Realty Elite Partners II #783927 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,926 +6.3% | $440,765 +10% |
| 2024 | $9,335 +7.4% | $400,695 +10% |
| 2023 | $8,695 +15.8% | $364,268 +10% |
| 2022 | $7,511 +16.1% | $331,153 +10% |
| 2021 | $6,471 +361.5% | $301,048 +180.1% |
| 2020 | $1,402 +0.9% | $107,475 +2% |
| 2019 | $1,389 +1.3% | $105,360 +1.9% |
| 2018 | $1,371 | $103,395 +2.1% |
| 2017 | $1,371 +2.6% | $101,268 +2.1% |
| 2016 | $1,336 +2.7% | $99,185 +0.7% |
| 2015 | $1,302 +1.1% | $98,496 +3.9% |
| 2014 | $1,288 +6.3% | $94,841 +1.5% |
| 2013 | $1,212 +8% | $93,440 +1.7% |
| 2012 | $1,122 +5.4% | $91,879 +3% |
| 2011 | $1,064 +5.4% | $89,203 +1.5% |
| 2010 | $1,010 +4.7% | $87,885 +2.7% |
| 2009 | $964 +2.8% | $85,575 +0.1% |
| 2008 | $938 -19.8% | $85,490 +3% |
| 2007 | $1,169 -1.6% | $83,000 +2.5% |
| 2006 | $1,188 -5.3% | $81,000 +2.9% |
| 2005 | $1,254 +0.2% | $78,700 +2.9% |
| 2004 | $1,251 +5.4% | $76,500 +1.9% |
| 2003 | $1,187 +0.8% | $75,100 +2.3% |
| 2002 | $1,178 +5.8% | $73,400 +4.6% |
| 2000 | $1,113 | $70,200 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Tompkinsville
Nearby schools
Schools provided by the listing agent
- Elementary: Inverness Primary School
- Middle: Inverness Middle School
- High: Citrus High School
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







