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$190,000
Monthly Est:$946
1 Bed
- 1 Bath
1 full bath
792sqft
1198 Cr 464, Lake Panasoffkee, FL 33538
$190,000
$946/moEst:
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Single Family Residence
Built in 1958
$-- HOA
20,279 sqft lot
$240/sq.ft
Description
Private Florida Retreat on Nearly Half an Acre – Solar Powered with Bonus Flex Space!
Looking for space, privacy, and flexibility? This unique Lake Panasoffkee property sits on a fully fenced .47 acre lot and offers a rare combination of efficiency, functionality, and outdoor freedom with no HOA restrictions.
The main home features a comfortable 1 bedroom, 1 bathroom layout with great natural light and a cozy feel, perfect for a primary residence, winter getaway, or rental opportunity. Recently installed solar panels help keep electric costs low and add long-term value.
The property also includes a detached garage with finished interior space currently set up as additional living/flex space (not included in living square footage). This creates excellent potential for guests, a home office, workshop, or hobby area depending on your needs. A separate storage shed adds even more utility.
Outside you'll find plenty of room to: ? Park boats, RVs, or trailers
? Add a garden or outdoor entertainment area
? Store work equipment
? Expand in the future
Located just minutes from Lake Panasoffkee’s famous fishing and boating, with quick access to I-75 for easy commuting to The Villages, Ocala, or Tampa.
Opportunities like this with land, flexibility, and solar efficiency don't come around often at this price point.
Property Features: • .47 acre fenced lot
• Solar power system
• Detached garage with finished flex space (unpermitted conversion)
• Storage shed
• No HOA
• Boat/RV parking
• Quiet country setting
Perfect for first-time buyers, investors, snowbirds, or anyone wanting space without restrictions.
- Houzeo last checked: 12 hours ago
- Listing updated: March 20, 2026 at 11:58 pm
- Listing Provided by: Regina White (813) 401-9217 | DALTON WADE INC (888) 668-8283
- Source: Stellar MLS-FL | MLS#: TB8487387

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1958
HOA Fees
-
Finished Area
792 sqft
Lot Size
20,279 sqft lot
Basement Area
- sqft
MLS Name
Stellar MLS
MLS Number
TB8487387
MLS Status
Active
Days on Market
202
Cumulative Days on Market
1

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: 1
Bathroom: 1
Primary Bedroom
Level: First
Primary Bathroom
Level: First
Living Room
Level: First
Kitchen
Level: First
Interior
Flooring
Carpet, Tile, Wood
Exterior Features
Rain Gutters
Interior Features
Ceiling Fans(s), Eat In Kitchen
Sewer
Septic Tank
Heating
Propane
Cooling
Wall/window Unit(s)
Window Features
Blinds
Appliances
Dryer, Range, Refrigerator
Construction
Year Built
Year Built: 1958
Home type
Single Family Residence
Roof
Shingle
Foundation Details
Slab
Construction Materials
Concrete, Vinyl Siding, Frame
Architectural Style
Contemporary
Property Condition
Completed
Utilities & Energy
Utilities
Cable Available, Electricity Available, Propane, Water Available
Water Source
Well
Laundry Features
Outside
Other Features
Patio And Porch Features
Deck
Vegetation
Trees/landscaped
Subdivision Name
Marsh Acres
Price History
| Date | Event | Price |
|---|---|---|
03/19/2026 Source: #MFRTB8487387 | Listed for Sale | $190,000 +171.82% $240/sqft |
04/01/2012 Source: | Listing Removed | $69,900 $88/sqft |
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Based on information from Stellar MLS® through Oct 07, 2026, 06:00AM as submitted to and distributed by MLS GRID. 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. IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 Stellar MLS. All Rights Reserved.
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