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Back 2992 North C 470
Off Market

2992 North C 470

Lake Panasoffkee FL 33538

2064744 sq. ft.
Land
Last sold for $780,000
Danny SmithDanny Smith, last sold this property on 04 August 2026 after 117 days on market.

Overview

Discover this stunning outlet river-front property in Lake Panasoffkee! This unique 48.6-acre property is mostly wooded with a few open areas, featuring two ponds and several low-lying spots. It includes a house and a mobile home—the latter currently rented—though the true value lies in the expansive land. Free-roaming horses add to the rural charm and scenic appeal. The largest parcel boasts split zoning of A10C and RR5, with the remaining three parcels zoned R4M, offering possibilities. With approximately 1,655 feet of frontage along the outlet and 1,125 feet on C-470, this property is ideal for fishing, boating, or simply enjoying waterfront living. By water, it’s about 0.5 miles to Lake Panasoffkee and 1.4 miles to the Withlacoochee River. Whether you’re seeking a private retreat, a development opportunity, or a recreational haven, this property delivers. Easy access to restaurants, shopping, and major highways enhances the convenience of this one-of-a-kind location. 5-minute drive to I-75 and conveniently close to SR 44 to the north. The popular community of The Villages is a short 20-minute drive to the east, while Inverness lies to the west. Orlando and Tampa are each just about an hour away, making this location perfect for both recreation and accessibility.

Features

2064744 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Lake Panasoffkee over the last 12 months, the estimated median property value of 2992 North C 470 is $25.95k.

Median value
$25.95k
Estimated value range
$4.5k - $780k
Median days on market
35
Estimated value trend
44%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lake Panasoffkee. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2992 North C 470

2026
Sold
$780,000
04 Aug 2026 by Danny Smith, of SMITH & SMITH REALTY, INC.

Happy sellers in Lake Panasoffkee

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We have insufficient information to provide an overview of customer satisfaction for Lake Panasoffkee. Viewing the agent profiles, reviews and sales for Lake Panasoffkee can provide insights for this location.

Local market activity for land plots in Lake Panasoffkee

In the last 12 months, 14 land plots similar to 2992 North C 470, have been sold.

This represents a 25% increase in land plots sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Lake Panasoffkee

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Damla Burnukara

Sellers who recommend Damla Burnukara have praised them for being local expert, clear communication, responsive, supportive, reliable, dedicated, and patient

  •   5   (131 reviews)
  •  2 Reviews in Lake Panasoffkee
  •  1 Sale in Lake Panasoffkee
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William Alvarez, Jr

William Alvarez, Jr is an award winning recommended agent for Lake Panasoffkee.  They have 1 local sale and collected 2 local reviews across the last 12 months.

  •   5   (13 reviews)
  •  2 Reviews in Lake Panasoffkee
  •  1 Sale in Lake Panasoffkee
View profile
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Asheley Raybon

Asheley Raybon is a recommended agent for Lake Panasoffkee.  They have 3 local sales and collected 1 local review across the last 12 months.

  •   5   (2 reviews)
  •  1 Review in Lake Panasoffkee
  •  3 Sales in Lake Panasoffkee
View profile
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Leslie Strickland

Leslie Strickland is a recommended agent for Lake Panasoffkee.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (46 reviews)
  •  1 Review in Lake Panasoffkee
  •  1 Sale in Lake Panasoffkee
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