LAKE PANASOFFKEE, FL 33538 2992 N C 470

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2992 N C 470 LAKE PANASOFFKEE, FL - Image 12992 N C 470 LAKE PANASOFFKEE, FL - Image 22992 N C 470 LAKE PANASOFFKEE, FL - Image 3
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Presented By: SMITH & SMITH REALTY, INC. with 352-748-5656. - 352-748-5656
  • MLS# G5110150
  • 04/06/2026
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Homepride Group at EXP Realty and should be verified by the buyer.

Home Details

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.
Presented By: SMITH & SMITH REALTY, INC. with 352-748-5656. - 352-748-5656

Interior Features for 2992 N C 470

Bathrooms

Total Baths

General for 2992 N C 470

Additional Parcels DescriptionF30F010, F30F012, F30F018
Additional Parcels Y/NYes
Building Area UnitsSquare Feet
CityLAKE PANASOFFKEE
CountySumter
Current UseAgricultural
DirectionsComing from Wildwood, go West onto FL SR 44. Turn left onto N - CR 470. Go about 5 miles and property will be on your left. On CR 470 & CR 417.
Flood Zone CodeAE*
Legal DescriptionALL GOV'T LOT 5 W OF SQUIRREL HAVEN SUBDLESS HWY R/W & LESS THAT PART OF GOV'T LOT 5 LYING S & W/LY OF SR 470 R/W & LESSTHAT PORTION LYING W OF THE FOLLOWING DESC LINE BEG 43.75 FT N & 599.62 FT W OF S1/4 COR OF SEC RUN N 19 DEG 35 MIN 21SEC W 699.12 FT N 18 DEG 05 MIN 31 SEC W 324.02 FT TO WATERS OF LAKE & END OF LINE
Living Area UnitsSquare Feet
Lot Size Square Feet2064744
Lot Size UnitsAcres
MLS Area33538 - Lake Panasoffkee
OwnershipFee Simple
Property TypeLand
SewerNone
Standard StatusPending
StatusPending
Subdivision NameSQUIRREL HAVEN
Tax Annual Amount2767.8
Tax Lot5
Tax Year2025
UtilitiesOther
ViewWater
Virtual TourClick here
Water Access TypeCanal - Freshwater
Water Access Y/NYes
Water ViewCanal
Water View Y/NYes
Waterfront FeaturesCanal - Freshwater
ZoningA10C, R4M

Exterior for 2992 N C 470

Lot Dimensions1016 x 2032
Lot Size Acres48.6
Lot Size Area47.4
Number of Lots4
Road Surface TypeDirt, Unimproved
Water SourceWell
Waterfront Y/NYes

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Steven Pugh

Broker Associate | Team Leader
Price $995,000
MLS#G5110150
List Date 04/06/2026
Property Type Land
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