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.
For sale
$499,900
LAKE PANASOFFKEE, FL 33538
4beds
1,856sqft
Single Family Residence
Built in 1990
0.45 Acres Lot
$-- Zestimate®
$269/sqft
$-- HOA
What's special
Spiral staircaseJack-and-jill bathroomElevated main homeDirect lake frontageTwo primary bedroomsCanals bordering both sides
- 1 day
- 63
- 12
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Nicole Tucci 352-457-0330,
CENTURY 21 PRIME PROPERTY RESOURCES INC 352-793-6911
Source: Stellar MLS,MLS#: G5117888
Originating MLS: Lake and Sumter

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Description: Room2
- Features: Walk-In Closet(s)
- Level: First
Primary bedroom
- Description: Room1
- Features: Walk-In Closet(s)
- Level: Second
Bedroom 3
- Description: Room3
- Features: Built-in Closet
- Level: First
Bedroom 4
- Description: Room4
- Features: Built-in Closet
- Level: First
Kitchen
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Living room
- Level: First
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Range, Range Hood, Refrigerator
- Laundry: Laundry Room
Features
- Cathedral Ceiling(s), Ceiling Fan(s), Eating Space In Kitchen, Open Floorplan, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Walk-In Closet(s)
- Flooring: Carpet, Tile, Hardwood
- Doors: Sliding Doors
- Has fireplace: Yes
- Fireplace features: Wood Burning
Interior area
- Total structure area: 3,636
- Total interior livable area: 1,856 sqft
Video & virtual tour
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Wrap Around
- Has view: Yes
- View description: Water, Lake
- Has water view: Yes
- Water view: Water,Lake
- Waterfront features: Lake Front, Lake Privileges
- Body of water: LAKE PANASOFFKEE
Lot
- Size: 0.45 Acres
- Features: FloodZone, In County, Private, Street Dead-End
Details
- Additional structures: Boat House, Guest House
- Parcel number: J04060
- Zoning: RR1C
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Frame, Wood Siding
- Foundation: Crawlspace, Pillar/Post/Pier
- Roof: Metal
Condition
- New construction: No
- Year built: 1990
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: BB/HS Internet Available, Electricity Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: NONE
HOA
- Has HOA: No
Location
- Region: Lake Panasoffkee
Financial & listing details
- Price per square foot: $269/sqft
- Annual tax amount: $3,619
- Date on market: 9/18/2026
- Cumulative days on market: 1 day
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Other
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Listed for sale | $499,900+150%$269/sqft |
Source: | ||
| 11/8/2007 | Sold | $200,000$108/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,620 +3.2% | $268,270 |
| 2024 | $3,508 +20.6% | $268,270 |
| 2023 | $2,910 +2.9% | $268,270 +3.1% |
| 2022 | $2,829 -5.3% | $260,130 +9.2% |
| 2021 | $2,989 +2.7% | $238,290 +10% |
| 2020 | $2,910 | $216,630 -13.2% |
| 2019 | $2,910 +2.1% | $249,450 +27.9% |
| 2018 | $2,851 +29.2% | $195,110 +19.9% |
| 2017 | $2,207 +10.3% | $162,770 |
| 2016 | $2,000 | $162,770 |
Monthly payment
Est. payment





