1198 CR 464 Lake Panasoffkee, FL 33538
1 Bed
1 Bath
792 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 792 sqft
Price per Sqft $239
Subdivision Marsh Acres
MLS Listing ID TB8487387
Bedrooms 1
Full Baths 1
Construction Status Completed
HOA Y/N No
Year Built 1958
Annual Tax Amount $848
Lot Size 0.470 Acres
Acres 0.47
Lot Dimensions 105x210
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
Looking for space, privacy, and flexibility? This unique Lake Panasoffkee property sits on a fully fenced .47 acre lot and offers a rare combination of efficiency, functionality, and outdoor freedom with no HOA restrictions.
The main home features a comfortable 1 bedroom, 1 bathroom layout with great natural light and a cozy feel, perfect for a primary residence, winter getaway, or rental opportunity. Recently installed solar panels help keep electric costs low and add long-term value.
The property also includes a detached garage with finished interior space currently set up as additional living/flex space (not included in living square footage). This creates excellent potential for guests, a home office, workshop, or hobby area depending on your needs. A separate storage shed adds even more utility.
Outside you'll find plenty of room to: ? Park boats, RVs, or trailers
? Add a garden or outdoor entertainment area
? Store work equipment
? Expand in the future
Located just minutes from Lake Panasoffkee's famous fishing and boating, with quick access to I-75 for easy commuting to The Villages, Ocala, or Tampa.
Opportunities like this with land, flexibility, and solar efficiency don't come around often at this price point.
Property Features: • .47 acre fenced lot
• Solar power system
• Detached garage with finished flex space (unpermitted conversion)
• Storage shed
• No HOA
• Boat/RV parking
• Quiet country setting
Perfect for first-time buyers, investors, snowbirds, or anyone wanting space without restrictions.
Location
State FL
County Sumter
Community Marsh Acres
Area 33538 - Lake Panasoffkee
Zoning R2
Rooms
Other Rooms Den/Library/Office, Garage Apartment
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen
Heating Propane
Cooling Wall/Window Unit(s)
Flooring Carpet, Tile, Wood
Furnishings Furnished
Fireplace false
Appliance Dryer, Range, Refrigerator
Laundry Outside
Exterior
Exterior Feature Rain Gutters
Fence Chain Link
Utilities Available Cable Available, Electricity Available, Propane, Water Available
Roof Type Shingle
Porch Deck
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Well
Architectural Style Contemporary
Structure Type Concrete,Vinyl Siding,Frame
New Construction false
Construction Status Completed
Schools
Elementary Schools Lake Panasoffkee Elementary
Middle Schools South Sumter Middle
High Schools South Sumter High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8487387
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