1198 Cr 464, Lake Panasoffkee, FL 33538
Local realty services provided by:ERA Grizzard Real Estate
Listed by: regina white
Office: dalton wade inc
MLS#:TB8487387
Source:MFRMLS
Price summary
- Price:$190,000
- Price per sq. ft.:$154.22
About this home
Private Florida Retreat on Nearly Half an Acre – Solar Powered with Bonus Flex Space!
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....
Contact an agent
Home facts
- Year built:1958
- Listing ID #:TB8487387
- Added:52 day(s) ago
- Updated:May 11, 2026 at 12:39 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Carpet, Tile, Wood
- Dining Description:Eat In Kitchen
- Kitchen Description:Eat-in Kitchen, Range, Refrigerator
- Living area:792 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
- Heating:Propane
Structure and exterior
- Roof:Shingle
- Year built:1958
- Building area:792 sq. ft.
- Lot area:0.47 Acres
- Architectural Style:Contemporary
- Construction Materials:Concrete, Frame, Vinyl Siding
- Exterior Features:Deck, Rain Gutters
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:South Sumter High
- Middle school:South Sumter Middle
- Elementary school:Lake Panasoffkee Elementary
Utilities
- Water:Water Available, Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$190,000
- Price per sq. ft.:$154.22
- Tax amount:$848 (2025)
Features and amenities
- Appliances:Dryer, Range, Refrigerator
- Laundry features:Dryer
- Amenities:Cable Available, Ceiling Fans(s), Eat-in Kitchen, Electricity Available
- Pool features:Public Pool
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