1118 County Road 440, Lake Panasoffkee, FL, 33538
About This Home
Welcome to 1118 CR 440 in Lake Panasoffkee, a rare find offering 5 bedrooms, 3.5 bathrooms, and over 2,600 sq. ft. of living space perfect for large families, multigenerational living, or those who love to entertain. This two-story home features a bright and open second floor with a large living room, four bedrooms, and two full bathrooms. The master suite includes its own private side porch accessed via a sliding glass door, ideal for peaceful mornings or quiet evenings. A front balcony adds charming curb appeal and extra space to relax. Downstairs, the first floor offers flexible living arrangements with an apartment-style layout featuring a private bedroom, living room, bonus room, kitchenette, and full bathroom—perfect as a second master suite, guest quarters, or in-law suite. This space also has direct access to the pool area, creating an effortless indoor-outdoor lifestyle. The home sits on a .39-acre lot, with two garage bays for parking and additional storage. Laundry hookups are located in the garage for convenience. Located just minutes from Lake Panasoffkee, this home includes deeded access to a private community boat ramp for a low $2/month HOA fee, making it ideal for boating and fishing enthusiasts. With easy access to I-75 and close proximity to The Villages, you’ll enjoy a peaceful lifestyle with city conveniences nearby. Spacious, versatile, and full of potential this is the Lake Panasoffkee home you’ve been waiting
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1974
Materials
- Foundation: Block
- Roof: Metal
- Construction materials: Block,Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Other
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Range,Refrigerator
- Laundry features: Inside
Bathroom5
- Features: Built-in Closet
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Features
- Other
- Flooring: Laminate,Vinyl
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 2,635
- Total interior livable area: 2,635 sqft
Kitchen
- Level: Second
Living Room
- Level: Second
Primary Bedroom
- Features: Built-in Closet
- Level: Second
Property
Accessibility
- Accessibility features: Accessible Hallway(s)
Details
- Parcel number: F32F184
- Zoning: SFR
- Special condition: None
- Horse amenities: None
Features
- Levels: Two
- Stories: 2
- Private pool: Yes
- Pool features: In Ground
- Patio & porch: Patio
- Exterior features: Other
- Has view: Yes
- View description: Pool,Lake
- Has water view: Yes
- Water view: Lake
Lot
- Lot size: 0.39 Acres
- Lot size dimensions: 50 x 110
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Tornado
- Inland Flooding
- Strong Wind
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Sumter County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,794 | $21,528 |
| Home Insurance * | $268 | $3,216 |
| Property Taxes | $485 | $5,820 |
| Electricity | $265 | $3,182 |
| Total | $2,812 | $33,744 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-29 | Price change | $354,900 |
| 2025-10-28 | Price change | $364,900 |
| 2025-07-30 | Listed for sale | $369,000 |
| 2024-09-27 | Listing removed | $375,000 |
| 2024-09-02 | Listed for sale | $375,000 |
| 2024-05-30 | Pending sale | $375,000 |
| 2024-04-09 | Listed for sale | $375,000 |
| 2020-10-16 | Sold | $110,000 |
| 2020-09-26 | Pending sale | $139,000 |
| 2020-08-30 | Listed for sale | $139,000 |
| 2019-07-01 | Listing removed | $139,900 |
| 2019-06-18 | Listed for sale | $139,900 |
| 2019-06-18 | Pending sale | $139,900 |
| 2019-05-29 | Pending sale | $139,900 |
| 2019-04-15 | Price change | $139,900 |
| 2019-02-05 | Price change | $149,500 |
| 2018-11-09 | Listed for sale | $164,900 |
| 1999-04-12 | Sold | $58,000 |
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