Lake Panasoffkee, FL 33538 (MLS # G5117888)

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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.

DAYS ON MARKET 16 LAST UPDATED 9/18/2026
TRACT NONE YEAR BUILT 1990
COMMUNITY 33538 - Lake Panasoffkee COUNTY Sumter
STATUS Active PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Electric Water Heater, Range, Range Hood, Refrigerator
AREA 33538 - Lake Panasoffkee
BASEMENT Crawl Space
CONSTRUCTION Frame, Wood Siding
EXTERIOR Dock
FIREPLACE Yes
HEAT Central
INTERIOR Cathedral Ceiling(s), Eat-in Kitchen, Open Floorplan, Walk-In Closet(s)
LOT 0.45 acre(s)
LOT DESCRIPTION Private, Waterfront
SEWER Septic Tank
STORIES 2
SUBDIVISION NONE
TAXES 3619.79
UTILITIES Electricity Connected
VIEW Yes
VIEW DESCRIPTION Lake, Water
WATER Public
WATER ACCESS LAKE PANASOFFKEE
WATERFRONT Yes
WATERFRONT DESCRIPTION Lake Privileges, Lake Front
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
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*Estimate only



 
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Listing provided by Nicole Tucci, CENTURY 21 PRIME PROPERTY RESOURCES INC, 352-793-6911
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 10/3/26 3:56 PM PDT.

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