2346 CR 401, LAKE PANASOFFKEE, FL, 33538
Active194 days on marketListed Jan 20, 2026MLS #OM717040
About this home
2346 CR 401
Welcome to this beautifully updated 3-bedroom, 2-bath home, located just one lot in from Lake Panasoffkee on a canal. This property offers the perfect blend of comfortable living and access to some of Central Florida’s best fishing and boating. The home has been recently remodeled and features updated finishes throughout, making it move-in ready. The finished bonus room provides flexible space ideal for a home office, guest room, hobby room, or additional living area. Outside, enjoy a two-car carport with storage room and a peaceful canal-side setting with quick, easy water access while maintaining added privacy being set one lot off the main waterfront. Whether you’re looking for a full-time residence, weekend retreat, or investment property, this home delivers relaxed lake-area living with modern updates already completed. Conveniently located in Lake Panasoffkee, near The Villages, local marinas, dining, and outdoor recreation, this is a rare opportunity to own a remodeled home with canal access in a growing area
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,131
Sqft
0.41 ac
Lot size
1966
Year built
One
Levels
$195
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.
$1,632 /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
$1,632/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.
vs edgeAI estimate
−10.8%
$/sqft vs N/A
$195 vs $286
Days on market
194 vs 36 typical
Where $195/sqft sits among the 245 homes for sale in N/A
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
$215K → $212K
Lake Panasoffkee median sold, yr/yr
92.8%
Sale-to-list ratio (12 mo)
110 of 245
N/A have cut their price
Median sold price, Lake Panasoffkee, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 28% 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 2346 CR 401
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$161,000
#12 SENDEROS DEL VALLE · same community
3 bd · 2 ba · 1,114 sqft · $145/sqft · 131 DOM
Sold · Dec ’25$208,000
206 WINSLOW AVENUE · same community
3 bd · 1 ba · 1,066 sqft · $195/sqft · 134 DOM
Sold · Dec ’25$900,000
9559 SE 177TH COURT · same community
2 bd · 2 ba · 1,344 sqft · $670/sqft · 10 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 2346 CR 401 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 2346 CR 401 — 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
2346 CR 401 FAQs
What would the monthly payment be for 2346 CR 401?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,632/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 2346 CR 401?+
The most recent tax bill on record (2025) was $961. 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 $220,000, this home is listed about 16% above the Lake Panasoffkee median of $190,000. The market section on this page shows how the area is trending.
Which schools are assigned to 2346 CR 401?+
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
Five things that matter here
01Positioned at the premium end
$220,000 runs 28% above the LAKE PANASOFFKEE 33538 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
194 days on market against a Lake Panasoffkee median of 36 — sellers in this position are usually ready to negotiate.
04Strong assigned schools
Lake Panasoffkee Elementary School, South Sumter Middle School — South Sumter Middle School rates 4 of 5. Always verify assignments with the district.
05The price has already moved
Listed at $260,000, now $220,000 — a $40K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of WHITETAIL PROPERTIES REAL ESTATE · Vince Phelps. MLS #OM717040.
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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