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Property view

2992 N C 470, 
Lake Panasoffkee, FL 33538

$780,000


Bed


Bath


-

Sq Ft


48.60

Acres (Lot)


Land

Sold

Listed by

Danny Smith

Bought with MICKI BLACKBURN REALTY

Smith & Smith Realty, Inc.

MLS#

G5110150

Source:

MFRMLS

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About This Land

2992 N C 470

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.

Land Facts

Description/Design:

Land

Lot Size (Acres)

48.60

MLS #:

G5110150

Sold:

August 4, 2026


Finances & Disclosures

Finances

Price:

$995,000

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