$689,000
4885 Cr 307
Lake Panasoffkee, FL 33538
Listing updated: June 24, 2026 at 9:21 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
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.
Local Insight
At $271/sqft for a 2006 waterfront home in AE flood zone, you're paying a premium for direct lake access in a rural fishing community—so get a thorough flood insurance quote and elevation report before committing, since that zone will significantly impact your long-term costs. The 4-car garage and 2,538 sqft footprint on 0.61 acres suggest this is built-out for the lot, which limits expansion but maximizes usable space in a place where waterfront lots are the real draw. This property's value hinges entirely on whether the lake lifestyle and fishing access justify the flood risk and relative isolation from schools and services, so it's worth a hard look at comparable sales to see if waterfront premiums in Lake Panasoffkee have held or shifted.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history21 days on market
- Status: ActiveJun 4, 2026
- Listed$689,000Jun 3, 2026
- Price increased$689,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 21
- Subdivision
- Sunset Shores
- County
- Sumter
- Year built
- 2006
- Living area
- 2,538 sq ft
- Price/sq ft
- $271
- Building area
- 3,718 sq ft (Public Records)
- Lot size
- 26,364 sq ft
- Lot category
- 1/2 to less than 1
- Flood zone
- AE (12119C0108D)
- Garage
- 4 spaces
- Annual taxes
- $3,136 (2025)
- Parcel #
- E23EB014
- Zoning
- RES
- MLS #
- G5113305
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Interior Details
- Bedrooms
- 4
- Full bathrooms
- 3
- Flooring
- Ceramic Tile, Laminate
- Appliances
- Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Filtration System, Water Softener, Wine Refrigerator
- Interior features
- Ceiling Fans(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 Treatments
- Laundry
- Laundry Room
- Stories / Levels
- One
- Direction faces
- West
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air
Parking
- Garage spaces
- 4
- Attached garage
- Yes
- Parking features
- Circular Driveway
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Hurricane Shutters, Lighting, Private Yard, Rain Gutters, RV Hookup, Sidewalk
- Construction materials
- Block, Stucco
- Roof
- Shingle
- Foundation
- Slab
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Septic Tank
- Water source
- Well
- Utilities
- BB/HS Internet Available, Cable Connected, Electricity Connected
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | First | |
| Dining Room | First | |
| Living Room | First | |
| Laundry | First | |
| Primary Bedroom | First | |
| Bedroom 2 | First | |
| Bedroom 3 | First | |
| Bedroom 4 | First |
Listing Details
- Listing date
- 2026-06-03
- On market date
- 2026-06-03
- Original list price
- $689,000
- Occupant type
- Owner
- MLS area
- 33538 - Lake Panasoffkee
- Listing AOR
- Lake and Sumter
- Status changed
- 2026-06-04
- Tax legal description
- LOT 14 BLK B SUNSET SHORES UNIT 1 PB 3 PG 39 TOGETHER WITH THAT PORT OF LOT 13 BLK B SUNSET SHORES DESC AS FOLLOWS: BEG AT MOST E/LY COR OF SAID LOT 13 BLK B RUN N 17 DEG 16 MIN 00 SEC W 25 FT S 81 DEG 19 MIN 55 SEC W 170.43 FT CONT S 81 DEG 19 MIN 5 5 SEC W 54 FT MOL TO WATER OF WITHLACOOCHEE RIVER S/LY ALONG SAID WATERS TO PT ON LINE BETWEEN LOT 13 & 14 N 68 DEG 57 MIN 30 SEC E 63 FT MOL TO PT CONT N 68 DEG 57 MIN 30 SEC E 183.39 FT TO POB LESS THAT PORT OF LOT 14 BLK B SUNSET SHORES DESC AS F O LLOWS BEG AT MOST N/LY COR OF LOT 14 BLK B RUN S 72 DEG 44 MIN 00 SEC W 4.78 FT S 19 DEG 36 MIN 22 SEC W 115.37 FT CONT S 19 DEG 36 MIN 22 SEC W 27 FT MOL TO WATERS OF WARMOUTH CANAL; THENCE NE/LY ALONG SAID WATER TO A PT ON LINE BETWEEN LOT 14 &
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
STARTING FROM SR 44, TURN ONTO N. COUNTY RD. 470, TURN ONTO CR 307
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 24, 2026 at 9:21 PM ET. All data is obtained from various sources and may not have been verified by 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.
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