853 CR 484, LAKE PANASOFFKEE, FL, 33538
Active209 days on marketListed Jan 7, 2026MLS #G5106286
About this home
853 CR 484
Whether the sun is shining or not we think there’s a good chance the fish are bitting. Everyone says they want a handyman special. So here you go. Don’t let a little sweat equity stand in the way of you and a new weekend get-a-way. Originally built in 1973, this beauty is showing its age but eager for its next chapter if you give it a chance. Standing tall this wood frame, with a metal roof, stilt home, says bring your toothbrush and your tool box and let’s make a deal. Technically a 2 bedroom home, but an easy conversion can make this a 3 bedroom in no time. There are 2 full bathrooms and an open kitchen, dining and living area. There is a covered porch toward the front of the house and an open porch facing the canal for your morning cup of coffee or entertaining some friends your call. Situated along side a spring fed canal to Lake Panasoffkee, Lake Pan as the locals call it, enjoy fishing, kayaking, canoeing, air boating, watching the wildlife and more. Touted as one of the best Bass fishing lakes in Florida and voted one of Florida's Top 10 Family Fishing Destinations by World Fishing Network. Lake Panasoffkee is a true spring fed lake and is one of Florida's best hot spots for Largemouth bass, bluegill, sunfish, war-mouth and catfish. Lake Panasoffkee flows into the Outlet River that flows into the Withlacoochee River. Conveniently located just a short drive to The Villages you can be close to shopping, dining, and nightly entertainment. One hour from Orlando International Airport and one hour from Tampa international Airport this weekend warrior project is in the heart of central Florida. Unfortunately no VA/FHA/USDA or conventional loans accepted unless they are a rehab loan product of those agencies. This one needs some work. No owner financing available. Owner occupied but very easy to show with an appointment. Call or message today.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
930
Sqft
0.11 ac
Lot size
1973
Year built
Two
Levels
$185
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$1,302 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,302/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Lake Panasoffkee actives
$185 vs $167
Days on market
209 vs 53 typical
Where $185/sqft sits among the 40 Lake Panasoffkee actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Lake Panasoffkee
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Lake Panasoffkee. See the full Lake Panasoffkee guide →
LAKE PANASOFFKEE 33538 — neighborhood snapshot
Population
5,748
Median age
47.6
Median income
$48,951
Median home value
$157,200
Avg household
2.13
Households w/ children
692
For the school run
Sumter County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Lake Panasoffkee market
$194K → $166K
Lake Panasoffkee median sold, yr/yr
92.4%
Sale-to-list ratio (12 mo)
26 of 40
Lake Panasoffkee actives have cut their price
Median sold price, Lake Panasoffkee, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 1% above the LAKE PANASOFFKEE 33538 median. See the full Lake Panasoffkee market guide →
Paper trail
This home's history
Reality check
What actually sold near 853 CR 484
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$225,000
426 NW 5TH ROAD
2 bd · 2 ba · 960 sqft · $234/sqft · 73 DOM
Sold · Apr ’26$125,000
1361 NW 12TH LANE
2 bd · 2 ba · 960 sqft · $130/sqft · 118 DOM
Sold · Mar ’26$210,000
926 CR 467
2 bd · 2 ba · 988 sqft · $213/sqft · 12 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 853 CR 484 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 853 CR 484 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
853 CR 484 FAQs
What would the monthly payment be for 853 CR 484?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,302/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 853 CR 484?+
The most recent tax bill on record (2025) was $645. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Lake Panasoffkee?+
At $172,000, this home is listed about 9% below the Lake Panasoffkee median of $189,000. The market section on this page shows how the area is trending.
Which schools are assigned to 853 CR 484?+
Lake Panasoffkee Elementary School (elementary), South Sumter Middle School (middle) — Sumter County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
02Time on market is leverage
209 days on market against a Lake Panasoffkee median of 53 — sellers in this position are usually ready to negotiate.
03Strong assigned schools
Lake Panasoffkee Elementary School, South Sumter Middle School — South Sumter Middle School rates 4 of 5. Always verify assignments with the district.
04The price has already moved
Listed at $185,000, now $172,000 — a $13K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of CONNIE MAHAN REAL ESTATE GROUP · Connie Mahan. MLS #G5106286.
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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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