8700 E Matthew Meadow Ct, Inverness, FL, 34453
About This Home
Rare 115-acre AG-exempt estate in Citrus County with backwater lake access, offering privacy, tax savings, and unlimited potential. This legacy property features a spacious three-level main residence, separate carriage house, pool, pole barn, and pond—can be used for a family compound, recreational ranch, or retreat-style ownership. The land is the true value here: expansive acreage with agricultural exemption in place, back-water access for fishing or boating, and room for horses, livestock, hunting, or outdoor recreation. Improvements provide a solid footprint and opportunity for customization or phased updating, allowing the next owner to create a personalized estate without sacrificing location, acreage, or tax benefits. Buyers seeking space, privacy, and lifestyle over finishes, this property is well-suited for a high-net-worth individual, sportsman, or investor looking for a long-term hold in a low-density Florida market. Properties of this scale, with water access and AG exemption, are increasingly rare. Shown by appointment only.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1981
Materials
- Foundation: Block,Stem Wall
- Roof: Metal
- Construction materials: Frame,Stucco,Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Multi-Level,Split Level
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Electric Cooktop
- Laundry features: In Garage
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Features
- Wet Bar,Breakfast Bar,Bathtub,Dual Sinks,Eat-in Kitchen,Fireplace,Primary Suite,Separate Shower,Tub Shower,Walk-In Closet(s),Sliding Glass Door(s)
- Door features: Double Door Entry,Sliding Doors
- Flooring: Carpet,Luxury Vinyl Plank,Tile
- Fireplace features: Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air
Interior Area
- Total structure area: 7,479
- Total interior livable area: 4,235 sqft
Kitchen
- Level: Main
- Dimensions: 13.00 x 11.00
Master Bedroom
- Features: Balcony,Dual Sinks,En Suite Bathroom,Primary Suite
- Level: Second
- Dimensions: 27.00 x 15.00
Property
Details
- Parcel number: 3521290
- Zoning: AG
- Special condition: Standard
- Other equipment: Generator,Intercom
Features
- Levels: Multi/Split
- Pool features: Concrete,In Ground,Pool Equipment,Pool
- Exterior features: Gravel Driveway
- Fencing: Barbed Wire,Cross Fenced,Electric,Wood,Wire
- On waterfront: Yes
- Waterfront features: Lake Front,Waterfront
- Frontage type: Lakefront
- Topography of land: Hill
Lot
- Lot size: 115.39 Acres
- Features: Acreage,Cleared,Pasture,Rolling Slope,Trees,Wooded,Wetlands
Parking
- Total spaces: 4
- Parking features: Attached,Driveway,Detached,Garage,Gravel
- 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
- Lightning
- Inland Flooding
- Strong Wind
- Tornado
- Wildfire
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Citrus 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 | $8,813 | $105,756 |
| Home Insurance * | $1,133 | $13,596 |
| Property Taxes | $1,954 | $23,448 |
| Electricity | $426 | $5,114 |
| Total | $12,326 | $147,912 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-07-01 | Listed for sale | $1,743,000 |
View on Zillow