4885 CR 307, Lake Panasoffkee, FL, 33538
About This Home
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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Completed
- Year built: 2006
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Block,Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Florida
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Convection Oven,Dishwasher,Disposal,Dryer,Electric Water Heater,Microwave,Range,Refrigerator,Washer,Water Filtration System,Water Softener,Wine Refrigerator
- Laundry features: Laundry Room
Bedroom2
- Features: Walk-In Closet(s)
- Level: First
Bedroom3
- Features: Walk-In Closet(s)
- Level: First
Bedroom4
- Features: Walk-In Closet(s)
- Level: First
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Dining Room
- Level: First
Features
- Ceiling Fan(s),High Ceilings,Living Room/Dining Room Combo,Open Floorplan,Primary Bedroom Main Floor,Solid Surface Counters,Solid Wood Cabinets,Split Bedroom,Thermostat,Walk-In Closet(s)
- Window features: Window Treatments,Hurricane Shutters
- Flooring: Ceramic Tile,Laminate
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air
Interior Area
- Total structure area: 3,718
- Total interior livable area: 2,538 sqft
Kitchen
- Level: First
Laundry
- Level: First
Living Room
- Level: First
Primary Bedroom
- Features: Walk-In Closet(s)
- Level: First
Property
Details
- Parcel number: E23EB014
- Zoning: RES
- Special condition: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck,Front Porch,Rear Porch
- Exterior features: Lighting,Private Yard,Rain Gutters,RV Hookup,Sidewalk
- Has view: Yes
- View description: Water,Lake
- Has water view: Yes
- Water view: Water,Lake
- On waterfront: Yes
- Waterfront features: Lake Front,Lake Privileges,Fishing Pier
- Waterbody name: LAKE PANASOFFKEE
- Residential vegetation: Trees/Landscaped
Lot
- Lot size: 0.61 Acres
- Features: Cul-De-Sac,Landscaped,Level
- Lot size dimensions: 90 x 171
Parking
- Total spaces: 4
- Parking features: Circular Driveway
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
- Has uncovered spaces: Yes
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
- Cold Wave
- Lightning
- Strong Wind
- Tornado
- 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 | $3,483 | $41,796 |
| Home Insurance * | $521 | $6,252 |
| Property Taxes | $607 | $7,284 |
| Electricity | $255 | $3,065 |
| Total | $4,866 | $58,392 |
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 |
|---|---|---|
| 2026-06-04 | Listed for sale | $689,000 |
| 2019-08-28 | Sold | $425,000 |
| 2019-08-14 | Listed for sale | $479,900 |
| 2019-03-28 | Sold | $360,000 |
| 2018-11-08 | Listed for sale | $499,000 |
| 2004-08-17 | Sold | $104,000 |
For Sale by Agent
View on Zillow