Pending

Listed by Danny Smith from SMITH & SMITH REALTY, INC.

Source: Stellar MLS #G5110150

2992 North C 470, Lake Panasoffkee, FL, 33538

$995,000

2064744 sq. ft.

Land

30+ days on the market

What's around 2992 North C 470

About this property

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.

Looking for more information on 2992 North C 470?

Explore comparables, sales history and growth for this property.
Learn more

Contact

Similar properties for sale nearby

For Sale
$38,500
748 CR-477A
Lake Panasoffkee FL 33538
Land
Listing courtesy of HOMERUN REALTY
Pending
$32,500
CR-457
Lake Panasoffkee FL 33538
Land
Listing courtesy of FLORIDA REALTY INVESTMENTS
For Sale
$39,900
CR-482C
Lake Panasoffkee FL 33538
Land
Listing courtesy of REALTY EXECUTIVES IN THE VILLAGES

Other properties for sale by SMITH & SMITH REALTY, INC.

For Sale
$440,000
4580 CR-121D
Wildwood FL 34785
3
2
2
Single-Family
Listing courtesy of SMITH & SMITH REALTY, INC.
For Sale
$125,000
3567 CR-230
Wildwood FL 34785
1
1
1
Other
Listing courtesy of SMITH & SMITH REALTY, INC.
For Sale
$249,000
519 Huey Street
Wildwood FL 34785
2
2
2
Single-Family
Listing courtesy of SMITH & SMITH REALTY, INC.

Browse properties sold in nearby areas

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

© 2026 RateMyAgent