$995,000
2992 N C 470 Lake Panasoffkee, FL 33538
For Sale MLS# G5110150
48.60 Acres Lot/Land
Details for 2992 N C 470
MLS# G5110150
Description for 2992 N C 470, Lake Panasoffkee, FL, 33538
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.
Listing Information
Property Type: Lot/Land, Agriculture
Status: Active
Lot Size: 48.60 Acres
Subdivision: Squirrel Haven
Current Use: Agricultural
County: Sumter
Utilities
Water: Well
Other Utilities: Other,Sewer Not Available
Exterior / Lot Features
Lot View: Canal,Water
Lot Dimensions: 1016x2032
Waterfront Details
Water Front Features: Canal Access
Driving Directions
Coming 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.
Financial Considerations
Tax/Property ID: F30-011
Tax Amount: 2767.8
Tax Year: 2025
A broker reciprocity listing courtesy: SMITH & SMITH REALTY, INC.
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 2992 N C 470
Sales History
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Tax Summary
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Schools
Schools nearby 2992 N C 470
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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