2992 N C 470, Lake Panasoffkee, FL 33538

Lake Panasoffkee
Local realty services provided by:Better Homes and Gardens Real Estate Atchley Properties
2992 N C 470,Lake Panasoffkee, FL 33538
$995,000
Virtual Tour
  • 48.6 Acres
  • Lots / Land
  • Pending
Listed by: danny smith
Office: smith & smith realty, inc.
MLS#:G5110150
Source:MFRMLS

Price summary

  • Price:$995,000

About this home

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...

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Home facts

  • Listing ID #:G5110150
  • Added:63 day(s) ago
  • Updated:June 10, 2026 at 07:51 AM

Structure and exterior

  • Lot area:48.6 Acres
  • Levels:1 Story

Utilities

  • Water:Well

Finances and disclosures

  • Price:$995,000
  • Tax amount:$2,768 (2025)

Features and amenities

  • Pool features:Public Pool
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