Lake Panasoffkee Homes for Sale

Lake Panasoffkee Homes for Sale

Welcome to Lake Panasoffkee, a hidden gem nestled in the heart of Sumter County, Florida! Known for its serene landscapes and tranquil lifestyle, this charming community offers a unique blend of natural beauty and small-town charm. With its picturesque lake serving as the centerpiece, Lake Panasoffkee is perfect for those who appreciate outdoor activities, from fishing and boating to birdwatching and hiking along scenic trails.

The town boasts a rich history, with roots dating back to the early 1800s, and a welcoming atmosphere that makes it easy to feel at home. Residents enjoy a slower pace of life, surrounded by lush greenery and stunning sunsets that paint the sky over the lake. The local community is tight-knit, with friendly neighbors and engaging events that foster a sense of belonging.

For those considering a move to this idyllic location, there are a variety of homes for sale that cater to different lifestyles and budgets. Whether you’re looking for a cozy cottage by the water, a spacious family home, or a charming fixer-upper, Lake Panasoffkee has something for everyone. Many properties offer stunning lake views, private docks, or access to nearby parks, making it easy to enjoy the great outdoors right from your backyard.

With its combination of natural beauty, community spirit, and affordable real estate options, Lake Panasoffkee is an ideal destination for families, retirees, and anyone looking to escape the hustle and bustle of city life. Come explore the possibilities and discover your dream home in this enchanting Florida town!

Newest Lake Panasoffkee Homes for Sale

$275,000
3 Beds ⋅ 2 Baths ⋅ Sixth Add Tracys Pt SubDv. ⋅ 33538 Zip Code
Check out this charming 3 bed 2 bath home on an oversized lot with RV parking and hookup, boat parking, two sheds, and plenty of additional parking! With screened lanais at both the front and back, this home offers plenty of space for relaxing, entertaining, storage, and everyday Florida living. A few great updates and features include mature oak trees, established landscaping, an extra carport, and inside laundry with washer and dryer hookups. The bright kitchen overlooks the dining area and rear lanai, and outside the designated RV area with its own hookup and room for a boat makes this property a strong fit for anyone who enjoys fishing, traveling, or weekend getaways. The two sheds add even more storage and project space. Located in a golf-cart-friendly community with a waterfront restaurant and convenient access to I-75, this home provides an easy drive to Ocala, Tampa, and Orlando. With its oversized lot, flexible layout, outdoor space, and added parking, this property offers space, convenience, and plenty of possibilities.

1218 Cr 450, Lake Panasoffkee
$425,000
2 Beds ⋅ 1 Baths ⋅ Panasoffkee Forest SubDv. ⋅ 33538 Zip Code
Located in the heart of Lake Panasoffkee at the intersection of C-470 and County Road 414, this property offers a unique opportunity for waterfront residential development. With the approved plots for up to 13 single-family manufactured homes along the canal front and outlet river, or 8 "cottages" 600-800 sq ft in size, already plotted by the county. All approved site plans are recorded with the county, and available to interested buyers upon request to the listing agent. This site is perfect for transforming into a picturesque waterfront, river access, income producing community. Currently, the property includes one home and five mobile home, Three of the mobile homes are in disrepair and will require removal, one is a lot lease and one is rented. The site build home has a new roof replaced in 2025, and new flooring throughout. The redevelopment possibilities are immense, allowing for the creation of a modern, inviting neighborhood that takes full advantage of the stunning waterfront views. County Road 414 provides direct access to a scenic walking bridge that overlooks the outlet and leads to Marsh Bend “Outlet” Park. This park is a local favorite, featuring a public boat ramp, walking trails, a beach volleyball court, picnic areas, fishing spots, grill stations, and a pet area, enhancing the appeal of this location for future residents. Discover the potential of this exceptional property and imagine the waterfront lifestyle it can offer. Call or email us today to explore all the development possibilities.

2886 N C 470, Lake Panasoffkee
$284,500
3 Beds ⋅ 2 Baths ⋅ Magnolia Manor SubDv. ⋅ 33538 Zip Code
Under Construction. Under Construction. Be the first to own this beautifully crafted 3-bedroom, 2-bathroom concrete block home offering 1,396 square feet of thoughtfully designed living space in Lake Panasoffkee. This open-concept floor plan features vaulted ceilings, luxury vinyl plank flooring throughout, recessed lighting, and abundant natural light, creating a bright and inviting living space. The spacious kitchen overlooks the living and dining areas and will feature granite countertops, stainless steel appliances, generous cabinet storage, and ample workspace, making it ideal for both everyday living and entertaining. The private primary suite features a tray ceiling, walk-in closet with sliding barn doors, and an en-suite bathroom complete with a beautifully tiled walk-in shower. Two additional bedrooms and a full guest bath provide comfortable accommodations for family or guests. Additional features include an inside laundry room, a one-car garage, covered front porch, sliding glass doors leading to the backyard, and a privacy fence for added enjoyment and seclusion. Situated on a 0.229-acre lot, this home combines modern finishes with the durability and efficiency of new construction in a convenient Lake Panasoffkee location. Estimated completion is approximately 1.5 months. Photos are of a previously completed home of the same floor plan and are provided for illustrative purposes only. Actual colors, finishes, materials, fixtures, and features may vary.

557 County Road 487, Lake Panasoffkee
$136,000
3 Beds ⋅ 2 Baths ⋅ Pana-Coo-Chee Retreats SubDv. ⋅ 33538 Zip Code
Move-in ready with room to make it your own! Situated on a desirable corner lot, this 3-bedroom, 2-bath home features fresh interior paint, new flooring throughout, newer kitchen cabinets, and newer appliances. The functional floor plan includes a versatile bonus room—perfect for a home office, playroom, hobby space, or additional living area to fit your needs. While many of the major updates have already been completed, there is still an opportunity for a little TLC and personal finishing touches, making this a great option for buyers looking to build additional equity over time.The spacious kitchen offers ample cabinet and counter space, while the generous yard provides plenty of room for outdoor entertaining, gardening, or storing your recreational toys. Conveniently located just minutes from public boat ramps on beautiful Lake Panasoffkee, parks, shopping, dining, and I-75, offering easy access to The Villages, Ocala, and Orlando.Whether you're looking for a primary residence, seasonal retreat, or investment opportunity, this move-in-ready home offers the perfect combination of comfort, potential, and value. Schedule your private showing today!

1880 Cr 422, Lake Panasoffkee
$365,000
3 Beds ⋅ 2 Baths ⋅ Idlewild Park SubDv. ⋅ 33538 Zip Code
Lakefront, LAKEFRONT, 75 feet of lake frontage, your view is 1.02 miles across open water to undeveloped, protected land of Lake Panasoffkee Wildlife Management area. Stand on the dock and count the bluegill in the clear water. You are located on the north side of the lake, toward the center is lots of eel grass, fish the edges for big bass, across the lake is shell island – known for beds loaded with panfish. The lake is approximately 5 miles long running north to south and a mile east to west. When the water is up you can explore Little Jones Creek and find the springs. Head down Outlook River and go to the Withlacoochee River. It is a 141 mile river system that goes all the way to the Gulf of America. Parts of the River are OLD undeveloped Florida. Head south on the river and you will need extra gas to explore all the water. If the Wysong Lock is down you can make it all the way to Rainbow Springs. Lake Panasoffkee is a paradise for people that love the water, fishing, exploring and wildlife. Don’t forget the Wildlife Management Areas: 2 across the lake, Jumper Creek on the south side of town and 4 in neighboring Citrus County. This is paradise for outdoor lovers. The house is like a concrete bunker. It was built in the days when homes where built to last. Everything is stone solid. Bathrooms are original and in great shape. Kitchen appliances are original and do their job. Not like the modern stuff, spends thousands on a new frig and your replacing in a couple of years. Underneath the carpet are Terrazzo floors. Walls are plaster. Roof is metal and replaced in 2025, A/C replaced in May of 2025, paint was new in 2023, water tank was replaced in 23 – insurance companies will be ecstatic. The home is neat and clean, will cared for and ready for your decorating or up dating. If you are looking for a weekend paradise or winter paradise, hurry, hurry, hurry. This has a lot to offer for the price. This area is a hidden gem, other lakes are priced out of the common man’s budget. Hurry before this area gets discovered. Oops, I almost forgot about the location. Hwy 75 makes travel easy, 47 minutes to downtown Ocala or just over an hour to downtown Tampa, Orlando is 62 minutes away. You get to live in nature and be close to the city life. For local entertainment, shopping and dining it’s 20 to 25 minutes to Brownwood, Eastport or Middleton in the Villages. When the day is done, pour a glass of wine, walk down to your dock, and watch the evening sky come alive as birds glide across the lake heading to roost. It's the perfect way to unwind and enjoy peaceful lake life.

4136 Cr 400, Lake Panasoffkee
$234,900
3 Beds ⋅ 3 Baths ⋅ Tracys Point 2nd Add SubDv. ⋅ 33538 Zip Code
Canal Front Opportunity in Tracy's Point with Direct Access to Lake Panasoffkee! Welcome to 2345 CR 453, Lake Panasoffkee ,a one-of-a-kind canal front property on Keepers Canal with direct access to Lake Panasoffkee, perfectly situated for bass boats and pontoons. Set on a double lot totaling 0.41 acres in the Tracy's Point community, this solid block construction home built in 1963 offers incredible potential for the right buyer and it comes furnished. The main home features 1,476 sq ft of living space with an expanded primary bedroom, a second bedroom divided by a partitioned wall, 2 bathrooms, original wood beam ceilings, tile and carpet flooring, and a screened-in porch that is perfect for enjoying the waterfront setting. A carport and utility/storage areas round out the property. A separate 1 bedroom, 1 bathroom mother-in-law suite with a full bath and air conditioning is ideal for guests, extended family, or potential rental income. The suite also includes additional attached storage rooms, providing excellent space for tools, gear, or lake equipment. Three water heaters service the property, plumbing has been recently re-piped, and the AC has been recently updated in the main home. Membrane roofing in place. Located in the flood zone but has never flooded. Tracy's Point offers a private neighborhood boat launch and a remarkably low HOA of just $40/year. Sold as-is. Don't miss this rare chance to own a double waterfront lot on the canal with Lake Panasoffkee access at an exceptional value.

2345 Cr 453, Lake Panasoffkee
$179,000
2 Beds ⋅ 2 Baths ⋅ Tracys Point 3rd Add SubDv. ⋅ 33538 Zip Code
Welcome home to this cozy 2 bedroom 2 bath concrete block home situated on a spacious 1/4 acre corner lot in desirable Tracy's Point, an exclusive Lake Panasoffkee community. Upgrades include a newer roof, new windows, and hardwood flooring. Other features include a spacious 18X11 Florida Room, a 16X10 storage shed, and chain link fenced backyard. Residents of Tracy's Point enjoy deeded access to Lake Panasoffkee, renowned for its world class fishing, boating and outdoor recreation. This golf cart friendly community offers a relaxed atmosphere while remaining conveniently located to Interstate 75 and the Florida Turnpike for those needing to commute. Not to mention conveniently located to The Villages where you can find shopping, dining, and nightly entertainment. Whether you're looking for a full-time residence, seasonal getaway, or investment opportunity, this property presents all excellent opportunity to own a home in one of the area's most sought-after waterfront communities.

1244 County Road 437, Lake Panasoffkee
$249,900
3 Beds ⋅ 2 Baths ⋅ Lake Shore Park SubDv. ⋅ 33538 Zip Code
Discover the charm of true Florida living in this Fisherman's retreat! Inviting 3 bedroom, 2 bath home perfectly positioned on a spring-fed canal with direct access to beautiful Lake Panasoffkee. Split bedroom plan and open living areas offer a comfortable layout and plenty of space, ready for your personal touch. The bedrooms are roomy with large closets. The garage plus carport allows parking for the whole family. Step outside onto one of your porches and enjoy a property designed for both relaxation and functionality. You’ll find a covered picnic table, outside bar, workshop with storage, covered storage, an elevated dock ideal for parking your boat, fishing or simply unwinding while taking in the peaceful waterfront views. The property also features a dockside outdoor cook shed and a dedicated entertainment room, making it easy to host gatherings or enjoy quiet evenings outdoors. Only a few miles to I-75 gives you easy access to everything you need. Located in a great community on a quiet cul-de-sac, this home is full of potential and ready to be transformed into your perfect waterfront escape. Additional parcel at the end of the street also available.

919 Cr 482d, Lake Panasoffkee
$284,900
2 Beds ⋅ 2 Baths ⋅ Tracys Point Add 06 SubDv. ⋅ 33538 Zip Code
Welcome to your own Fisherman's Paradise in Tracy's Point community of Lake Panasoffkee! This 2-bedroom, 2-bath solid block home offers comfort, privacy and easy access to one of Florida's premier fishing and boating destinations. This spacious split floor plan features a large primary suite with en-suite bath, while the updated kitchen showcases quartz countertops, a farmhouse sink, center island, stainless steel appliances, and modern lighting. Enjoy peace of mind with a fully fenced yard, security system, well fed irrigation system, and a two-car garage with additional utility shed for storage. Community boat ramp access to Lake Panasoffkee is available for the low annual HOA fee. Conveniently located just minutes from I-75, shopping, dining, and outdoor recreation. Whether you're looking for a full-time residence, retirement retreat, or weekend getaway, this move-in-ready home offers the perfect blend of tranquility and convenience.

1381 Cr 446a, Lake Panasoffkee
$203,000
3 Beds ⋅ 1 Baths ⋅ 2nd Add Tracys Pt SubDv. ⋅ 33538 Zip Code
Discover the potential of this charming 3 bedroom, 1 bath single family home situated on a quiet cul-de-sac in the sought after Tracy's Point community, a deed-restricted community of homes only. Constructed of durable concrete block with stucco exterior, this property offers a unique waterfront setting with canal frontage on two sides. Enjoy your morning coffee or evening relaxation from the screened front porch with beautiful views of Lake Panasoffkee. Inside the home features recent remodeling throughout including but an updated kitchen with matching stainless steel appliances, Corian countertops, and solid wood cabinetry. Luxury vinyl plank flooring runs throughout the living areas and bedrooms, offering both style and durability. The bathroom features laminate flooring and functional design. The chain-link fenced backyard provides a secure space for pets, gardening, or outdoor enjoyment. The waterfront location, combined with the property's corner-like positioning surrounded by water on two sides, creates a setting that is difficult to find at this price point. This home is being offered at a price designed to attract immediate interest and presents an excellent opportunity for buyers seeking waterfront living with room to add value. For those needing to commute Interstate 75 and the Florida Turnpike are located a short distance away. The Villages are approximately 15 minutes away providing dining, shopping, and nightly entertainment. This home has experienced some settling and is priced accordingly. Recent appraisal on file and available upon request.

1141 County Road 457, Lake Panasoffkee
$689,000
4 Beds ⋅ 3 Baths ⋅ Sunset Shores SubDv. ⋅ 33538 Zip Code
WATERFRONT PARADISE on over 1/2 acre with breathtaking views of the beautiful Withlacoochee River with NO HOA! This one-of-a-kind property offers an exceptional waterfront lifestyle with what may be one of the finest lots on the river. Enjoy direct river access with your private dock, fishing pier, boat slip, boathouse, and expansive waterside deck—perfect for boating, fishing, entertaining, or simply taking in the spectacular sunsets. This spacious 4-bedroom, 3-bath home is designed to maximize the stunning water views with an open-concept floor plan and large windows throughout. The gourmet kitchen is a chef's dream, featuring granite countertops, stainless steel appliances, custom cabinetry, a convection oven, wine refrigerator, and abundant workspace for cooking and entertaining. The oversized primary suite serves as a private retreat with gorgeous water views and a luxurious ensuite bath complete with a large jacuzzi tub, separate shower, and generous space to unwind. Additional features include a huge laundry room with ample storage, a dedicated art studio, and a massive 4-car garage. Outside, the beautifully landscaped grounds create a true private oasis with a circular driveway, RV hookup, generator wiring, and plenty of room to enjoy the peaceful surroundings. With NO HOA, you'll have the freedom to enjoy your property your way. Whether you're looking for a full-time residence, weekend getaway, or waterfront retreat, this extraordinary waterfront estate offers the perfect blend of luxury, privacy, and outdoor living in a quiet, peaceful neighborhood. Rare opportunities like this don't come along often! Schedule your private showing today.

4885 Cr 307, Lake Panasoffkee
$220,500
2 Beds ⋅ 1 Baths ⋅ Tracys Point SubDv. ⋅ 33538 Zip Code
One or more photo(s) has been virtually staged. Experience true lake living in Lake Panasoffkee with this recently renovated block home. This home boasts nearly an acre of land with the option to subdivide into three separate lots. The home has 2 bedrooms, 1 bathroom and an enclosed side porch with a window unit to keep it nice and cool during those hot summer months. You can view Lake Panasoffkee from your home and watch the sun set and rise over the beautiful lake. Lake Panasoffkee is regularly ranked one of the best Bass fishing lakes in the country! Walking distance from Tracey’s Point fish camp, 25 minutes from Brownwood Paddock square in the villages, 1 hour drive from Tampa international airport and a quick 10 minute drive to your local hiking trails!

951 Cr 453, Lake Panasoffkee
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