2992 N C 470, Lake Panasoffkee, FL 33538 (MLS # G5110150)

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Discover this stunning outlet river-front property in Lake Panasoffkee! This unique 48.6-acre property is mostly wooded with a few open areas, featuring two ponds and several low-lying spots. It includes a house and a mobile home"”the latter currently rented"”though the true value lies in the expansive land. Free-roaming horses add to the rural charm and scenic appeal. The largest parcel boasts split zoning of A10C and RR5, with the remaining three parcels zoned R4M, offering possibilities. With approximately 1,655 feet of frontage along the outlet and 1,125 feet on C-470, this property is ideal for fishing, boating, or simply enjoying waterfront living. By water, it's about 0.5 miles to Lake Panasoffkee and 1.4 miles to the Withlacoochee River. Whether you're seeking a private retreat, a development opportunity, or a recreational haven, this property delivers. Easy access to restaurants, shopping, and major highways enhances the convenience of this one-of-a-kind location. 5-minute drive to I-75 and conveniently close to SR 44 to the north. The popular community of The Villages is a short 20-minute drive to the east, while Inverness lies to the west. Orlando and Tampa are each just about an hour away, making this location perfect for both recreation and accessibility.

DAYS ON MARKET 99 LAST UPDATED 5/7/2026
TRACT SQUIRREL HAVEN YEAR BUILT 0
COMMUNITY 33538 - Lake Panasoffkee COUNTY Sumter
STATUS Pending PROPERTY TYPE(S) Lot/Land/Acreage


ADDITIONAL DETAILS
AREA 33538 - Lake Panasoffkee
LOT 48.6 acre(s)
LOT DESCRIPTION Waterfront
LOT DIMENSIONS 1016x2032
SEWER None
SUBDIVISION SQUIRREL HAVEN
TAXES 2767.8
UTILITIES Other
VIEW Yes
VIEW DESCRIPTION Canal, Water
WATER Private, Well
WATERFRONT Yes
WATERFRONT DESCRIPTION Canal Front
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
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Listing provided by Danny Smith, SMITH & SMITH REALTY, INC., 352-748-5656
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 7/14/26 3:45 AM PDT.

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