House for Sale
$220,500
2 bd · 1 ba · 784 sqft
LAKE PANASOFFKEE, FL 33538 · MLS# TB8487387 · Active · MARSH ACRES
Private Florida Retreat on Nearly Half an Acre – Solar Powered with Bonus Flex Space! Looking for space, privacy, and flexibility? This unique Lake Panasoffkee property sits on a fully fenced .47 acre lot and offers a rare combination of efficiency, functionality, and outdoor freedom with no HOA restrictions. The main home features a comfortable 1 bedroom, 1 bathroom layout with great natural light and a cozy feel, perfect for a primary residence, winter getaway, or rental opportunity. Recently installed solar panels help keep electric costs low and add long-term value. The property also includes a detached garage with finished interior space currently set up as additional living/flex space (not included in living square footage). This creates excellent potential for guests, a home office, workshop, or hobby area depending on your needs. A separate storage shed adds even more utility. Outside you'll find plenty of room to: ? Park boats, RVs, or trailers ? Add a garden or outdoor entertainment area ? Store work equipment ? Expand in the future Located just minutes from Lake Panasoffkee’s famous fishing and boating, with quick access to I-75 for easy commuting to The Villages, Ocala, or Tampa. Opportunities like this with land, flexibility, and solar efficiency don't come around often at this price point. Property Features: • .47 acre fenced lot • Solar power system • Detached garage with finished flex space (unpermitted conversion) • Storage shed • No HOA • Boat/RV parking • Quiet country setting Perfect for first-time buyers, investors, snowbirds, or anyone wanting space without restrictions.
School assignments are provided by the listing and should be independently verified.
Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.
1198 CR 464, LAKE PANASOFFKEE, FL 33538 · See all Lake Panasoffkee homes for sale
House for Sale
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2 bd · 1 ba · 784 sqft
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1198 CR 464 is a single family home for sale in LAKE PANASOFFKEE, FL 33538. This property was listed for sale on March 19, 2026 by DALTON WADE INC, it's currently listed at $190,000. This listing's school district is Sumter Public Schools. Nearby schools include Lake Panasoffkee Elementary, South Sumter Middle and South Sumter High. 1198 CR 464 is a 1-bed, 1-bath, 792 sqft single family home built in 1958.