942 CR 461, LAKE PANASOFFKEE, FL, 33538
Active138 days on marketListed Mar 16, 2026MLS #OM720891
About this home
942 CR 461
Tucked into a quiet waterfront community, this well-kept home offers the kind of lifestyle that outdoor enthusiasts dream about. Just fifty yards from the marina, your days can begin with a sunrise boat ride or an early cast into the lake. From here, you have direct access to the beautiful waters of Lake Panasoffkee, with endless places to explore including Jones Creek, Little Jones Creek, and Shady Brook. Follow the outlet into the scenic Withlacoochee River and travel for miles through one of Florida’s most beautiful natural waterways. Nature surrounds you here. Across the water lies the vast wilderness of Lake Panasoffkee Wildlife Management Area, while nearby outdoor destinations such as Jumper Creek Wildlife Management Area, Half Moon Wildlife Management Area, Flying Eagle Wildlife Management Area, and Croom Wildlife Management Area provides endless opportunities for hiking, bird-watching, hunting, fishing, kayaking, and air boating. Life here is peaceful and private, with quiet neighbors and a laid-back community atmosphere. As the evenings roll in, you’ll enjoy stunning sunsets over the water and the simple pleasures of small-town living, seasonal fish fries, potluck dinners, and gathering around the fire pit when friends and winter visitors return. The home itself is comfortable, well maintained, and truly move-in ready, allowing you to start enjoying this sportsman’s paradise from day one. Whether it’s the fishing, the water access, or the sense of community, this is a place where life naturally slows down and the outdoors becomes part of your everyday routine. Call today to schedule your private showing!
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
784
Sqft
0.09 ac
Lot size
1985
Year built
One
Levels
$191
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 and the real association fee — not generic estimates.
$1,180 /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
$1,180/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
+30.9%
$/sqft vs Lake Panasoffkee actives
$191 vs $167
Days on market
138 vs 36 typical
Where $191/sqft sits among the 39 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
$215K → $212K
Lake Panasoffkee median sold, yr/yr
92.8%
Sale-to-list ratio (12 mo)
24 of 39
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 13% below the LAKE PANASOFFKEE 33538 median. See the full Lake Panasoffkee market guide →
Paper trail
This home's history
Reality check
What actually sold near 942 CR 461
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$140,000
1141 NW 12TH LANE
2 bd · 2 ba · 784 sqft · $179/sqft · 35 DOM
Sold · Aug ’25$80,000
1134 CR 464
2 bd · 1 ba · 780 sqft · $103/sqft · 37 DOM
Sold · Apr ’26$25,000
3051 CR 430A
2 bd · 2 ba · 780 sqft · $32/sqft · 1 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 942 CR 461 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 942 CR 461 — 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
942 CR 461 FAQs
What would the monthly payment be for 942 CR 461?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,180/mo — principal and interest, the actual property-tax bill, the $14/mo association fee 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.
How much are the HOA fees at 942 CR 461?+
The association fee works out to $14 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 942 CR 461?+
The most recent tax bill on record (2025) was $719. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 942 CR 461?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Lake Panasoffkee?+
At $149,400, this home is listed about 21% below the Lake Panasoffkee median of $190,000. The market section on this page shows how the area is trending.
Which schools are assigned to 942 CR 461?+
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
01Under the LAKE PANASOFFKEE 33538 market on paper
$149,400 is 13% below the LAKE PANASOFFKEE 33538 median of $172,000.
02Time on market is leverage
138 days on market against a Lake Panasoffkee median of 36 — 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 $149,900, now $149,400 — a $500 cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of ENGEL & VOLKERS OCALA · Tamara Myers. MLS #OM720891.
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.
Never miss a listing
New Lake Panasoffkee homes, in your inbox
Like 942 CR 461 but not quite? A daily digest of every new listing in Lake Panasoffkee — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask David to ping you on any price or status change →