Picture a character-filled older home set just steps from the heart of downtown, where everything you need is within an easy stroll—cafés, small shops, weekend markets, and the quiet hum of a close-knit community.
The house itself carries the charm of another era: a front porch great for slow mornings, inside, you might find built-ins, detailed trim, and a layout that feels both cozy and storied, with each room offering its own sense of warmth.
What truly sets it apart, though, are the lake views. From the backyard, a balcony, or even a sunroom, the water becomes part of daily life—glassy and calm at sunrise, shimmering in the afternoon, and reflecting soft colors at dusk. There’s often a gentle breeze coming off the lake, carrying that fresh, open-air feeling that’s hard to replicate.
It’s the kind of place where you can enjoy the energy of downtown whenever you want, then retreat home to something peaceful, scenic, and full of personality.
For sale
Price cut: $15K (6/18)
$180,000
507 Lake St, Inverness, FL 34450
3beds
816sqft
Single Family Residence
Built in 1950
3,920 Square Feet Lot
$-- Zestimate®
$221/sqft
$-- HOA
What's special
Lake viewsDetailed trimCharacter-filled older home
- 63 days |
- 201 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Mary Chapman 352-476-4988,
Landmark Realty
Source: Realtors Association of Citrus County,MLS#: 854144
Originating MLS: Realtors Association of Citrus County
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Cooktop, Refrigerator
Features
- Laminate Counters, Main Level Primary
- Flooring: Laminate
Interior area
- Total structure area: 816
- Total interior livable area: 816 sqft
Property
Parking
- Parking features: Concrete, Driveway
- Has uncovered spaces: Yes
Features
- Exterior features: Concrete Driveway
- Pool features: None
- Fencing: Chain Link
Lot
- Size: 3,920 Square Feet
- Features: Irregular Lot
Details
- Additional structures: Shed(s)
- Parcel number: 1753872
- Zoning: LMD
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Florida
- Property subtype: Single Family Residence
Materials
- Block, Concrete
- Foundation: Block
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: City of Inverness
HOA
- Has HOA: No
Location
- Region: Inverness
Financial & listing details
- Price per square foot: $221/sqft
- Tax assessed value: $97,107
- Annual tax amount: $1,699
- Date on market: 4/21/2026
- Cumulative days on market: 233 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Price change | $180,000-7.7%$221/sqft |
Source: | ||
| 4/21/2026 | Listed for sale | $195,000+1103.7%$239/sqft |
Source: | ||
| 10/20/2010 | Sold | $16,200-12.4%$20/sqft |
Source: Public Record Report a problem | ||
| 10/8/2010 | Pending sale | $18,500$23/sqft |
Source: RE/MAX Realty One #343713 Report a problem | ||
| 10/2/2010 | Price change | $18,500-17.8%$23/sqft |
Source: RE/MAX Realty One #343713 Report a problem | ||
| 8/8/2010 | Listed for sale | $22,500$28/sqft |
Source: RE/MAX Realty One #343713 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,699 +11.3% | $71,663 +10% |
| 2024 | $1,526 +2.1% | $65,148 +10% |
| 2023 | $1,494 +17.1% | $59,225 +10% |
| 2022 | $1,276 +18.7% | $53,841 +10% |
| 2021 | $1,075 +10.5% | $48,946 +9% |
| 2020 | $973 +3.9% | $44,890 +11% |
| 2019 | $937 +8.4% | $40,451 -2.3% |
| 2018 | $864 | $41,400 +23.8% |
| 2017 | $864 +13.1% | $33,431 +5.6% |
| 2016 | $764 +5.4% | $31,655 +10.3% |
| 2015 | $725 +10.6% | $28,694 -1.1% |
| 2014 | $656 -12.1% | $29,000 -7.9% |
| 2013 | $746 +3.9% | $31,500 -2.5% |
| 2012 | $718 -7.3% | $32,304 -8.2% |
| 2011 | $775 +16.1% | $35,193 +13.2% |
| 2010 | $667 -21.3% | $31,076 -20.8% |
| 2009 | $848 -8.6% | $39,246 -10.8% |
| 2008 | $928 -5.8% | $44,006 -10% |
| 2007 | $986 +12.5% | $48,900 +14.5% |
| 2006 | $876 +5.1% | $42,700 +19.6% |
| 2005 | $834 +25.7% | $35,700 +30.8% |
| 2004 | $663 -1.1% | $27,300 -3.5% |
| 2003 | $671 -0.1% | $28,300 +2.5% |
| 2002 | $671 +20.1% | $27,600 +21.6% |
| 2000 | $559 | $22,700 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Tompkinsville
Nearby schools
GreatSchools rating
- 5/10Inverness Primary SchoolGrades: PK-5Distance: 0.5 mi
- 4/10Inverness Middle SchoolGrades: 6-8Distance: 0.5 mi
- 4/10Citrus High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Inverness Primary
- Middle: Inverness Middle
- High: Citrus High
Source: Realtors Association of Citrus County. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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