




Lake Panasoffkee, FL
Lake Panasoffkee, Sumter, FL, 33538
Active$499,900
$269/sqft
About this home
Lakefront living at its finest! This unique property offers almost half an acre of waterfront and includes two separate homes, creating an exceptional opportunity for a full-time residence, vacation retreat, investment property, or multi-generational living. The elevated main home features 2 bedrooms and 2 bathrooms, with wraparound porches designed to take full advantage of the panoramic lake views. Inside, the spiral staircase and fireplace add character and charm, while two primary bedrooms provide comfortable accommodations. Covered parking beneath the elevated home offers convenient protection for vehicles, boats, or recreational equipment. Immediately adjacent is a separate 2-bedroom, 1-bath guest house, offering additional living space and flexibility. The guest house features a Jack-and-Jill bathroom and sliding doors that provide easy access to the surrounding outdoor spaces. With two homes on the property, there are numerous possibilities for guests, extended family, or rental use. The property is surrounded by water on three sides, with canals bordering both sides and direct lake frontage. A 2-slip boathouse provides convenient access for enjoying everything Lake Panasoffkee has to offer. Lake Panasoffkee is a 4,460-acre spring-fed lake known for fishing, boating, and outdoor recreation. The lake provides access to the Outlet River and Withlacoochee River, offering even more opportunities to explore the waterways. Conveniently located less than 10 minutes from I-75, with easy access to the Florida Turnpike, The Villages, shopping, restaurants, schools, and surrounding communities. Whether you're looking for a peaceful lakefront retreat, a property with room for family and guests, or an investment opportunity, this property offers a rare combination of waterfront, space, flexibility, and convenience. Schedule your private showing and experience the possibilities of lakefront living for yourself.
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This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. CENTURY 21 PRIME PROPERTY RESOURCES INC is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.
1 day on market
Listed by: Nicole Tucci · 352-457-0330—CENTURY 21 PRIME PROPERTY RESOURCES INC · 352-793-6911
Updated from Real Estate Market Data
MLS/IDX data last updated: October 24, 2026 2:03 PM . All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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