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.
Property Details
Price:
$499,900
MLS #:
G5117888
Status:
Active
Beds:
4
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
33538lakepanasoffkee
Listed Date:
Sep 18, 2026
Finished Sq Ft:
1,856
Total Sq Ft:
3,636
Lot Size:
19,602 sqft / 0.45 acres (approx)
Year Built:
1990
See this Listing
Schools
Interior
Appliances
Electric Water Heater, Range, Range Hood, Refrigerator
Bathrooms
3 Full Bathrooms
Cooling
Central Air
Flooring
Carpet, Tile, Hardwood
Heating
Central
Interior Features
Cathedral Ceiling(s), Ceiling Fan(s), Eating Space In Kitchen, Open Floorplan, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Walk-In Closet(s)
Laundry Features
Laundry Room
Levels
Two
Exterior
Construction Materials
Wood Frame, Wood Siding
Direction Faces
North
Exterior Features
Sliding Doors
Lot Features
FloodZone, In County, Private, Street Dead-End
Other Structures
Boat House, Guest House
Patio And Porch Features
Covered, Wrap Around
Roof
Metal
View
Water
Waterfront Features
Lake Front
Financial
Tax Year
2025
Taxes
$3,620
Map
Community
- Address LAKE PANASOFFKEE FL
- SubdivisionNONE
- CityLAKE PANASOFFKEE
- CountySumter
- Zip Code33538
Subdivisions in LAKE PANASOFFKEE
- 2ND ADD TRACYS PT
- 6TH ADD TRACYS POINT
- APPALOOSA ACRES
- EMERT ACRES
- HIDDEN HARBOR
- HOLIDAY HAVEN
- IDLEWILD PARK
- LAKE SHORE PARK
- LAKE VIEW TERRACE
- LAKEVIEW TERRACE
- LAKEVIEW TERRACE SUB
- LEISURE TIME MOBILE HOME ESTATES
- LENGTHY
- MAGNOLIA MANOR
- MAGNOLIA SHORES
- MARSH ACRES
- MONTGOMERY ACRES PH 01
- OLIVE PALM
- OLIVE PALM COMM UNRECO RDED SUB
- PANA COO CHEE RETREATS
- PANA-COO-CHEE RETREATS
- PANACOOCHEE RETREAT
- PANACOOCHEE RETREATS
- PANASOFFKEE ESTATES
- PANASOFFKEE FOREST
- PANASOFFKEE RETREATS
- RILACA MOBILE MANOR
- RIVER EDGE ESTATES
- RIVERS EDGE ESTATES
- RIVERS ESTATES
- RUTLAND RANCH PH 1
- SHADY ACRES 1ST ADD
- SIXTH ADD TRACYS PT
- SMITH
- SQUIRREL HAVEN
- SQUIRREL HAVEN UNREC
- SUMTERVILLE
- SUNSET SHORES
- THUNDERBIRD TERRACE ADD 01
- TRACYS POINT
- TRACYS POINT 2ND ADD
- TRACYS POINT 3RD ADD
- TRACYS POINT ADD 06
- W H SMITH
Market Summary
Current real estate data for Single Family in LAKE PANASOFFKEE as of Oct 03, 2026
27
Single Family Listed
176
Avg DOM
234
Avg $ / SqFt
$358,637
Avg List Price
Property Summary
- Located in the NONE subdivision, LAKE PANASOFFKEE FL is a Single Family for sale in LAKE PANASOFFKEE, FL, 33538. It is listed for $499,900 and features 4 beds, 3 baths, and has approximately 1,856 square feet of living space, and was originally constructed in 1990. The current price per square foot is $269. The average price per square foot for Single Family listings in LAKE PANASOFFKEE is $234. The average listing price for Single Family in LAKE PANASOFFKEE is $358,637. To schedule a showing of MLS#g5117888 at in LAKE PANASOFFKEE, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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Courtesy of CENTURY 21 PRIME PROPERTY RESOURCES INC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. LAKE PANASOFFKEE, FL
