Property
ActiveResidential
1/26
$190,000

1198 CR 464

Lake Panasoffkee, FL 33538
1
Beds
1
Baths
792
SqFt
0.47
Acres
STELLAR
#TB8487387
Updated: Mar 21, 2026, 12:08am

Property Description

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.
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Included Appliances
DryerRangeRefrigerator

Property Details

Interior
Additional Rooms
Den/Library/OfficeGarage Apartment
Appliances
DryerRangeRefrigerator
Bathrooms Total Decimal
Yes
Building Area Total
1232
Cooling
Wall/Window Unit(s)
Flooring
CarpetTileHardwood
Furnished
Furnished
Heating
Propane
Interior Features
Ceiling Fan(s)Eating Space In Kitchen
Laundry Features
Outside
Living Area
792
Rooms Total
4
Window Features
Blinds
Construction
Architectural Style
Contemporary
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
ConcreteVinyl SidingWood Frame
Direction Faces
Northwest
Foundation Details
Slab
Levels
One
Living Area Source
Public Records
Living Area Units
Square Feet
Property Condition
Completed
Roof
Shingle
Year Built
1958
Site & Exterior
Electric
Photovoltaics Seller Owned
Exterior Features
Rain Gutters
Fencing
Chain Link
Flood Zone Code
X
I D X Participation
Yes
Lot Size Acres
0.47
Lot Size Area
20279
Lot Size Dimensions
105 x 210
Lot Size Square Feet
20279
Lot Size Units
Square Feet
Number Of Wells
Yes
Other Structures
Shed(s)
Patio And Porch Features
Deck
Public Survey Range
22E
Public Survey Section
5
Road Surface Type
Paved
Sewer
Septic Tank
Total Acreage
1/4 to less than 1/2
Utilities
Cable AvailableElectricity AvailablePropaneWater Available
Vegetation
Trees/Landscaped
Water Source
Well
Zoning
R2
Financials
Calculated List Price By Calculated Sq Ft
239.9
Contract Status Change Date
2026-03-19
Current Price
190000
Feed Types
BBO
Minimum Lease
No Minimum
Owner Name
LARRE LEA & THOMAS J ANDRE
Ownership
Fee Simple
Parcel Number
J05009
Public Survey Township
20S
Solar Panel Ownership
Owned Outright
Tax Annual Amount
848.43
Tax Book Number
681
Tax Legal Description
BEG AT A PT 1156.43 FT W OF SE COR OF SE1/4 OF NE1/4 RUN N 210 FT E 105 FT S 210 FT W 150 FT TO POB OR 183 PG 681
Tax Lot
8
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
33538 - Lake Panasoffkee
Subdivision Name
MARSH ACRES
Schools
Ratings
Elementary
Lake Panasoffkee Elementary
Middle
South Sumter Middle
High
South Sumter High
Listing provided courtesy of STELLAR via IDX. Updated: Mar 21, 2026, 12:08am.
Regina White

Listing Agent

DALTON WADE INC

Call Agent