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Ocala Homes and Farms Realty
2992 N C 470, Lake Panasoffkee, FL 33538
- $780,000
- Sold Price
- $780,000
- List Price
- $995,000
- Status
- Sold
- Days on Market
- 30
- Closing Date
- Aug 04, 2026
- MLS#
- G5110150
- Lot Size
- 2,064,744
- Acres
- 48.60
- Total Acreage
- 20 to less than 50
- Legal Subdivision Name
- Squirrel Haven
- MLS Area Major
- Lake Panasoffkee
Property Description
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.
Additional Information
- Taxes
- $2767
- Community Features
- No Deed Restriction
- Zoning
- A10C, R4M
- Utilities
- Other
- Pool
- No Pool
- Water View
- Canal
- Water Access
- Canal - Freshwater
- Water Frontage
- Canal - Freshwater
- Flood Zone Code
- AE*
- Parcel ID
- F30-011
- Legal Description
- ALL 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
Listing courtesy of SMITH & SMITH REALTY, INC.. 352-748-5656
Selling Office: MICKI BLACKBURN REALTY.How much is your home worth?
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