Lake Panasoffkee Homes for Sale

Lake Panasoffkee Homes for Sale

Welcome to Lake Panasoffkee, a charming gem nestled in the heart of Sumter County, Florida. Known for its picturesque landscapes and serene atmosphere, Lake Panasoffkee is the perfect blend of small-town charm and natural beauty. With its namesake lake offering a plethora of recreational activities, residents enjoy fishing, boating, and birdwatching in this tranquil setting. The lush greenery and scenic waterways create a peaceful backdrop for those seeking a retreat from the hustle and bustle of city life.

Lake Panasoffkee is not just a haven for nature lovers; it also boasts a tight-knit community and a rich history. The town is steeped in Southern hospitality, where neighbors become friends and local businesses thrive. Whether you’re enjoying a leisurely stroll along the lakefront or participating in community events, you’ll quickly find that life here is both fulfilling and friendly.

For those considering a move, Lake Panasoffkee offers an enticing selection of homes for sale. From charming single-family houses to spacious properties with expansive yards, there’s something to suit every lifestyle and budget. Many homes are designed to take full advantage of the stunning surroundings, often featuring beautiful views of the lake or easy access to nature trails.

With its affordable housing options, welcoming community, and abundant outdoor activities, Lake Panasoffkee is an ideal place to call home. Discover the perfect residence in this idyllic town and start your new chapter in a community that feels like family. Explore the homes for sale today and embrace the lifestyle that Lake Panasoffkee has to offer!

Newest Lake Panasoffkee Homes for Sale

$339,000
3 Beds ⋅ 2 Baths ⋅ Lake Shore Park SubDv. ⋅ 33538 Zip Code
Waterfront living, room to spread out and a backyard made for enjoying Florida—this Lake Panasoffkee home brings all three together. Set on a spacious corner lot along Blue Gill Canal, the property offers direct freshwater access leading to Lake Panasoffkee, putting boating, fishing and days on the water right in your own backyard. Inside, the home offers a comfortable floor plan with multiple living areas and plenty of flexibility for everyday life and entertaining. The kitchen provides abundant cabinetry, generous counter space and a breakfast bar adjoining the dining area. A separate living space anchored by a fireplace adds warmth and character, while the spacious primary suite includes a dedicated vanity/dressing area, private bath and ample storage. The living space continues outdoors with an expansive covered and screened patio offering plenty of room for dining, entertaining or simply relaxing out of the Florida sun. Beyond the screen enclosure, a paver patio surrounds the above-ground pool, creating another inviting place to spend the afternoon. Follow the backyard toward Blue Gill Canal, where a concrete canal-front retaining wall with steps and waterside walkway provides convenient access to the waterfront. With direct canal access leading to Lake Panasoffkee, whether you're heading out to fish, taking the boat for an afternoon on the lake or simply enjoying life near the water, the waterfront is an integral part of this property. A circular driveway, attached garage, additional parking and landscaped corner lot add to the home's functionality, while the stone-accented exterior gives it distinctive character. With no HOA, there's added flexibility to enjoy the property and the Lake Panasoffkee lifestyle your way. Located within easy reach of local shopping and dining, public boat ramps, parks, and outdoor recreation. With convenient access to the I-75 corridor, this home offers the relaxed feel of waterfront living without giving up everyday conveniences. From mornings on the canal to afternoons by the pool and evenings around the fireplace or screened patio, there's a lot to enjoy here.

1351 Cr 482n, Lake Panasoffkee
$224,900
2 Beds ⋅ 2 Baths ⋅ Smith SubDv. ⋅ 33538 Zip Code
Welcome to Lake Panasoffkee! This charming 2-Bedroom, 2-Bath home offers the best of relaxed country living with a LARGE LOT, NO HOA and a convenient location near beautiful Lake Panasoffkee. With a move-in-ready interior, RECENT MAJOR UPDATES and plenty of room to enjoy the outdoors, this home is a wonderful opportunity for anyone looking for a peaceful Central Florida retreat. Step inside to a bright and inviting OPEN FLOOR PLAN where the Living Room, Dining area and Kitchen come together effortlessly. LUXURY VINYL PLANK FLOORING runs throughout the home with NO CARPET, while vaulted ceilings add an airy, spacious feel. FRESH INTERIOR PAINT creates a clean backdrop ready for your personal style, and in the Living Room you'll find a LARGE PICTURE WINDOW that fills the space with natural light. The Kitchen is both stylish and functional with SMART STAINLESS STEEL APPLIANCES, breakfast bar, abundant cabinetry and generous counter space. Just off the Kitchen, the Dining area has a door leading to a small patio and FENCED BACKYARD, providing easy access to the outdoors. The SPLIT-BEDROOM FLOOR PLAN offers privacy, with the spacious Primary Suite on one side of the home and the second bedroom and full bath on the opposite side. The Primary Suite features a WALK-IN CLOSET and private en-suite bath, while BOTH BATHROOMS HAVE BEEN UPDATED. Other major updates adding peace of mind include a NEW ROOF (2022), NEW WATER SOFTENER (2022) and NEW WATER HEATER (2026). The attached 1-CAR GARAGE features an insulated garage door, adding comfort and efficiency to the space. Outside, you'll appreciate the LARGE LOT, NO HOA AND country setting. The FENCED BACKYARD offers room to create your own outdoor oasis and plenty of potential for gardening, entertaining or simply enjoying the quiet surroundings. A backyard STORAGE SHED provides convenient space for tools, lawn equipment and all your outdoor essentials.Located near LAKE PANASOFFKEE, this area is a great fit for those who enjoy fishing, boating, kayaking and spending time outdoors. Nearby NATURAL AREAS and waterways provide plenty of opportunities to experience Florida's quieter side, while the communities of BUSHNELL and THE VILLAGES are within easy reach for shopping, dining, entertainment and everyday conveniences. With NO HOA, a large lot, country setting, and RECENT MAJOR UPDATES, this home offers an inviting opportunity to enjoy a SIMPLER PACE OF LIFE without giving up convenience. Come see all the possibilities this charming home has to offer!

1965 Cr 439d, Lake Panasoffkee
$749,000
4 Beds ⋅ 2 Baths ⋅ Lengthy SubDv. ⋅ 33538 Zip Code
Beautiful 10+ Acre Country Estate with Custom-Built Home only 15 minutes to The Villages! Enjoy peaceful country living on over 10 acres of beautiful, board-fenced pasture, complete with a pond perfect for cattle and fishing. As you drive up the long driveway, you will love that the property offers plenty of room for livestock, recreation, and enjoying the great outdoors, while the home sits privately fenced on about an acre. This custom-built home features beautiful hardwood floors and an open floor plan designed for comfortable living and entertaining. Your kitchen overlooks the living space and has stainless appliances, plenty of cabinets and countertop room for preparing and serving great food to family and friends. The spacious living room features a cozy fireplace and plenty of room to gather with family and friends. The large primary suite offers a relaxing retreat with generous space, two closets, dual sinks, a walk-in shower, and a soaking tub. Three additional spacious guest bedrooms provide plenty of room for family and visitors. A dedicated office overlooks the pasture, offering a peaceful setting for working from home or simply enjoying the view. Outdoor living is just as impressive, with a welcoming front porch overlooking the property and a screened back porch with breathtaking views stretching across hundreds of acres. Whether you’re enjoying your morning coffee, watching the sunset, or relaxing after a long day, the views are hard to beat. Conveniently located near I-75 and the Florida Turnpike, this property provides easy access to Ocala, Orlando, and Tampa, while still offering the privacy and tranquility of country living. A rare opportunity to own a spacious custom home, fenced pasture, private pond, and spectacular views—all in one beautiful property. Roof replaced in 2021!

4027 N C 470, Lake Panasoffkee
$249,900
2 Beds ⋅ 2 Baths ⋅ Holiday Haven SubDv. ⋅ 33538 Zip Code
Welcome to this charming 2-bedroom, 1.5-bath 1974 block home located in the Holiday Haven community of Lake Panasoffkee. This well-maintained home offers comfortable, easy living with tile flooring throughout, making it both practical and low-maintenance. The property features a fenced-in backyard, perfect for enjoying the outdoors or entertaining. A spacious storage and laundry area is conveniently located just off the carport, providing plenty of room for everyday storage needs. The property also includes a separate shed equipped with electricity and AC, offering an excellent space for a workshop, hobby room, home office, or additional storage. A new roof installed in 2023, giving you added peace of mind. One of the highlights of this property is its private boat dock access, making it a great opportunity for anyone who enjoys boating, fishing, and spending time on the water. Located in the desirable Holiday Haven community of Lake Panasoffkee, this home combines comfortable Florida living with convenient access to outdoor recreation. Whether you’re looking for a full-time residence, vacation getaway, or investment property, this one is worth a look!

1056 Cr 463, Lake Panasoffkee
$149,000
2 Beds ⋅ 1 Baths ⋅ Shady Acres 1st Add SubDv. ⋅ 33538 Zip Code
Welcome home to this cozy 2/1 cottage style home sitting on just over 1/2 acre of land. Has fenced yard to keep pets and/or valuables secure. Plenty of elbow room here if another structure is desired. Home features a newer metal roof, newer windows, central heating and air conditioning, stainless steel appliances, and much more. Located on a quiet paved county road close to town. Perfect for singles, small family, or winter residents. Located approximately 2 miles from Interstate 75 exit 321 for those needing to commute. Also located approximately 8 miles from Middleton/The Villages where you can find dining, shopping, and nightly entertainment. Schedule your showing today.

937 County Road 481w, Lake Panasoffkee
$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
$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
$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
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