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.
Property Details
Price:
$995,000
MLS #:
G5110150
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subdivision:
SQUIRREL HAVEN
Neighborhood:
33538lakepanasoffkee
Listed Date:
Apr 7, 2026
Lot Size:
2,064,744 sqft / 48.60 acres (approx)
See this Listing
Schools
Interior
Exterior
View
Water
Waterfront Features
Canal – Freshwater
Financial
Tax Year
2025
Taxes
$2,768
Map
Community
- Address2992 N C 470 LAKE PANASOFFKEE FL
- SubdivisionSQUIRREL HAVEN
- CityLAKE PANASOFFKEE
- CountySumter
- Zip Code33538
Subdivisions in LAKE PANASOFFKEE
- 2ND ADD TRACYS PT
- BOAT BASIN PARK LEISURE TIME MOB
- EMERT ACRES
- FASSONS WOODLAND ESTATES
- FIRST ADD
- GEERS
- HERR HAVEN ADD 01
- HERRS HAVEN MOBILE PARK
- HIDDEN HARBOR B
- HIDDEN HARBOUR
- HOLIDAY HAVEN
- HOLIDAY HAVEN UN 02
- HOLLY HAVEN
- IDLEWILD PARK LAKE PANASOFFKEE
- INDIAN ESTATES
- LAKE SHORE
- LAKE SHORE PARK
- LAKEVIEW TERRACE
- LEISURE TIME MOBILE HOME ESTAT
- LEISURE TIME MOBILE HOME ESTATES
- LOTS 7, 8, 9 & 11 RILACA VILLA SUB PB 3 PG 44
- NON
- OLIVE PALM
- OLIVE PALM COMM UNRECO RDED SUB
- PANA-COO-CHEE RETREATS
- PANA-COO-CHEE RETREATS UN 1
- PANACOOCHEE RETREAT
- RILACA MOBILE MANOR
- RILACA VILLA
- RILACA VILLA SUB
- RIVER EDGE ESTATES
- RIVERS EDGE ESTATES
- SHADY ACRES ADD 01
- SMITHS
- SQUIRREL HAVEN UNREC
- SUNSET SHORES
- THE S 1/2 OF N 1/2 OF SE 1/4 OF NW 1/4
- THIRD ADD TRACYS PT
- THUNDERBIRD TERRACE ADD 01
- THUNDERBIRD TERRACE SUB
- TRACYS POINT
- TRACYS POINT ADD 06
- TRACYS POINT THIRD ADD
- TRACYS PT 3RD ADD
- WITHLACOOCHEE PK
- WITHLACOOCHEE RIVER PARK SUBDIVISION
Market Summary
Current real estate data for Land in LAKE PANASOFFKEE as of Apr 30, 2026
18
Land Listed
210
Avg DOM
$123,389
Avg List Price
Property Summary
- Located in the SQUIRREL HAVEN subdivision, 2992 N C 470 LAKE PANASOFFKEE FL is a Land for sale in LAKE PANASOFFKEE, FL, 33538. It is listed for $995,000 and features 49 acres. To schedule a showing of MLS#g5110150 at 2992 N C 470 in LAKE PANASOFFKEE, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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Courtesy of SMITH & SMITH REALTY, INC.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 2992 N C 470
LAKE PANASOFFKEE, FL

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