4885 CR 307, LAKE PANASOFFKEE, FL, 33538
Active62 days on marketListed Jun 3, 2026MLS #G5113305
About this home
4885 CR 307
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.
Facts & features
The home at a glance
4
Bedrooms
3
Bathrooms
2,538
Sqft
0.61 ac
Lot size
4
Garage
2006
Year built
One
Levels
$271
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.
$4,398 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
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
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$4,398/mo
Includes estimated PMI — it drops off once you reach 20% equity. 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
$271 vs $167
Days on market
62 vs 53 typical
Where $271/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 → $169K
Lake Panasoffkee median sold, yr/yr
92.4%
Sale-to-list ratio (12 mo)
27 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 303% 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 4885 CR 307
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$380,000
4777 CR 306A · same community
3 bd · 2.5 ba · 2,244 sqft · $169/sqft · 11 DOM
Sold · Jul ’26$505,000
14971 SW 75th Ter, Miami FL 33193 · same community
3 bd · 2 ba · 1,402 sqft · $360/sqft · 46 DOM
Sold · Aug ’25$257,500
4723 CR 306 · same community
2 bd · 2 ba · 1,174 sqft · $219/sqft · 147 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 4885 CR 307 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 4885 CR 307 — 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
4885 CR 307 FAQs
What would the monthly payment be for 4885 CR 307?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,398/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 4885 CR 307?+
The most recent tax bill on record (2025) was $3,136. 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 $689,000, this home is listed about 265% above the Lake Panasoffkee median of $189,000. The market section on this page shows how the area is trending.
Which schools are assigned to 4885 CR 307?+
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
Three things that matter here
01Positioned at the premium end
$689,000 runs 303% above the LAKE PANASOFFKEE 33538 median — but at 2,538 sqft it's also nearly twice the size of the typical Lake Panasoffkee listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
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.
Keep looking
Similar homes nearby
Listing courtesy of KELLER WILLIAMS ELITE PARTNERS III REALTY · Angela Gann. MLS #G5113305.
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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