Listing Details for MLS # G5050850
2436 Cr 416n, Lake Panasoffkee, Fl 33538

Residential Property - Single Family Residence in Lake Panasoffkee

Listing Price: $1,800,000Days on Market: 989

Description of Property

Great rural location/neighbors. 78 acres that back up to nature preserve. Beautiful grandfather oaks and wildlife including cows, deer, wild turkey among others. House is situated on a fenced five acre plot with electric gate. Set back two tenths of a mile from road. House has two fireplaces. One is wood burning and the other is propane. Large screened porch (@ 8 x 20)is off the master bedroom accessed by recessed sliding glass doors. Surrounded by beautiful pastures that are fenced and cross fenced. Good access to Turnpike, I75 and CR 44. Easy drive to Orlando and Tampa. Neighboring towns include Bushnell, Inverness, Villages and Ocala. Property is zoned AG and has a greenbelt. Tax office estimates future annual taxes at approximately $3500. There are two wells on the property. One is a six inch well that can be utilized for agriculture endeavors. House includes a two car attached garage and a large screened wrap around porch (@ 57 x 10)with a wrap around of an additional 16 feet that contains a hot tub. Cooking capabilities including a propane hooded grill and wood burning grill. Three out door sheds. There is a wet bar/recreation room off living room. Can also be used as an additional bedroom. This is one of the prime properties and locations in Sumter County. PROPERTY CAN BE DIVIDED TO INCLUDE +/- 40 ACRES FOR A REDUCED PRICE.The average asking price for a 2 bedroom/2 bath single family residence in this Zip code is $486,071. This single family residence is listed at about 370% of the average asking price. This is the only 2 bedroom/2 bath single family residence between $1,600,000 and $2,000,000 currently listed for sale in this Zip code.