WATERFRONT LIVING JUST 50 YARDS FROM LAKE PANASOFFKEE! Enjoy the best of Florida living in this beautifully maintained 3-bedroom, 2-bath triple-wide manufactured home offering 1,863 sq. ft. of spacious, light-filled living in a quiet neighborhood. Situated directly on a canal leading to Lake Panasoffkee, this move-in-ready home features a NEW ROOF, NEW luxury vinyl plank flooring, updated bathrooms and an abundance of windows that fill the home with natural Florida sunshine. The spacious living area features a cozy WOOD-BURNING FIREPLACE, while the large kitchen with center island provides plenty of room for family get-togethers, holiday gatherings and entertaining friends. With generous space for cooking, serving and gathering around the island, the kitchen truly becomes the heart of the home. The generously sized primary bedroom features a spacious ensuite bathroom with a large soaking tub—the perfect place to relax and unwind at the end of the day. Step outside to the LARGE SCREENED-IN BACK PORCH overlooking the canal, where you can sip your morning coffee, enjoy beautiful sunrises and relax during peaceful evenings by the water. Just approximately 50 yards away is Lake Panasoffkee, a 4,460-acre spring-fed lake known for its exceptional largemouth bass and panfish fishing—an ideal setting for those who love fishing, boating and the Florida outdoors. Enjoy the peaceful waterfront setting without giving up convenience! Located approximately 10 minutes from I-75 and only 20 minutes from The Villages, you'll have easy access to an incredible selection of dining, shopping, golf courses and entertainment. The convenient Central Florida location also provides an easy commute to Ocala, Leesburg, Tampa and Orlando, making it easy to enjoy everything the region has to offer while coming home to the peace and quiet of Lake Panasoffkee. Best of all, enjoy the freedom of NO HOA AND NO CDD FEES! A carport and two storage sheds provide additional space for vehicles, fishing gear and outdoor equipment. Whether you're searching for a full-time residence, seasonal retreat or waterfront getaway, this home offers an inviting combination of SPACE, COMFORT, UPDATES, CONVENIENCE and WATERFRONT LIVING. Bring your fishing poles, invite the family and start making memories on Lake Panasoffkee!
For sale
$275,000
457 NW 5TH ROAD, LAKE PANASOFFKEE, FL 33538
3beds
1,863sqft
Manufactured Home, Single Family Residence
Built in 1998
6,480 Square Feet Lot
$263,100 Zestimate®
$148/sqft
$-- HOA
What's special
Peaceful waterfront settingNew roofGenerously sized primary bedroomCozy wood-burning fireplaceUpdated bathrooms
- 23 days
- 152
- 6
Zillow last checked:
Listing updated:
Listed by:
April Connolly 352-457-4986,
FLAMINGO REAL ESTATE & MNGMT 352-689-1000
Source: Stellar MLS,MLS#: G5117067
Originating MLS: Lake and Sumter

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Great Room
Primary bedroom
- Features: Ceiling Fan(s), En Suite Bathroom, Water Closet/Priv Toilet, Walk-In Closet(s)
- Level: First
- Area: 221 Square Feet
- Dimensions: 17x13
Bedroom 1
- Features: Ceiling Fan(s), Built-in Closet
- Level: First
- Area: 143 Square Feet
- Dimensions: 13x11
Bedroom 2
- Features: Ceiling Fan(s), Built-in Closet
- Level: First
- Area: 143 Square Feet
- Dimensions: 13x11
Primary bathroom
- Features: Built-In Shelving, Dual Sinks, Tub with Separate Shower Stall, Water Closet/Priv Toilet, Linen Closet
- Level: First
- Area: 128 Square Feet
- Dimensions: 16x8
Bathroom 1
- Features: Single Vanity, Tub With Shower, Linen Closet
- Level: First
- Area: 40 Square Feet
- Dimensions: 8x5
Balcony porch lanai
- Level: First
- Area: 270 Square Feet
- Dimensions: 18x15
Dining room
- Features: Ceiling Fan(s)
- Level: First
- Area: 130 Square Feet
- Dimensions: 10x13
Great room
- Features: Ceiling Fan(s)
- Level: First
- Area: 624 Square Feet
- Dimensions: 26x24
Kitchen
- Features: Built-In Shelving, Ceiling Fan(s), Pantry
- Level: First
- Area: 208 Square Feet
- Dimensions: 16x13
Laundry
- Features: Built-In Shelving
- Level: First
- Area: 120 Square Feet
- Dimensions: 15x8
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave, Refrigerator, Trash Compactor
- Laundry: Laundry Room
Features
- Ceiling Fan(s), Eating Space In Kitchen, High Ceilings, Open Floorplan, Split Bedroom, Walk-In Closet(s)
- Flooring: Luxury Vinyl
- Windows: Window Treatments
- Has fireplace: Yes
- Fireplace features: Family Room
Interior area
- Total structure area: 1,863
- Total interior livable area: 1,863 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Carport
- Carport spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Rear Porch, Screened
- Exterior features: Storage
- Has view: Yes
- View description: Water, Canal
- Has water view: Yes
- Water view: Water,Canal
- Waterfront features: Canal - Freshwater, Freshwater Canal Access
- Body of water: LAKE PANASOFFKEE
Lot
- Size: 6,480 Square Feet
- Dimensions: 75 x 86
- Features: Flood Insurance Required, FloodZone, Street Dead-End
Details
- Additional structures: Shed(s), Storage
- Parcel number: J09D009
- Zoning: R6C
- Special conditions: None
Construction
Type & style
- Home type: MobileManufactured
- Property subtype: Manufactured Home, Single Family Residence
Materials
- Metal Frame, Metal Siding
- Foundation: Crawlspace
- Roof: Metal
Condition
- New construction: No
- Year built: 1998
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: MAGNOLIA MANOR ADD 02
HOA
- Has HOA: No
Location
- Region: Lake Panasoffkee
Financial & listing details
- Price per square foot: $148/sqft
- Tax assessed value: $99,830
- Annual tax amount: $669
- Date on market: 9/2/2026
- Cumulative days on market: 23 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Unimproved, Gravel
- Body type: Triple Wide
Estimated market value
$263,100
$250,000 - $276,000
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Listed for sale | $275,000+96.4%$148/sqft |
Source: | ||
| 2/14/2008 | Sold | $140,000$75/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $669 +2.4% | $69,700 +2.9% |
| 2024 | $654 +59% | $67,740 +3% |
| 2023 | $411 +4% | $65,770 +3% |
| 2022 | $396 -5.1% | $63,860 +3% |
| 2021 | $417 +14.3% | $62,000 +1.4% |
| 2020 | $365 | $61,150 +2.3% |
| 2019 | $365 -0.1% | $59,780 +1.9% |
| 2018 | $365 +7.2% | $58,670 +2.1% |
| 2017 | $340 -0.6% | $57,470 +2.1% |
| 2016 | $342 +176.1% | $56,290 |
| 2015 | $124 | $56,290 |
| 2014 | $124 | $56,290 -4.5% |
| 2013 | $124 | $58,930 -9.1% |
| 2012 | -- | $64,830 0% |
| 2011 | -- | $64,837 |
| 2010 | -- | $64,837 -1% |
| 2009 | -- | $65,474 -7.2% |
| 2008 | -- | $70,564 +43.9% |
| 2007 | -- | $49,026 +2.5% |
| 2006 | -- | $47,831 +3% |
| 2005 | -- | $46,438 +3% |
| 2004 | -- | $45,086 +1.9% |
| 2003 | -- | $44,246 +2.4% |
| 2002 | -- | $43,209 +1.6% |
| 2001 | -- | $42,529 +3% |
| 2000 | -- | $41,290 +2.7% |
| 1999 | -- | $40,204 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 33538
Nearby schools
Schools provided by the listing agent
- Elementary: Lake Panasoffkee Elementary
- Middle: South Sumter Middle
- High: South Sumter High
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




