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457 NW 5TH ROAD

For Sale
$275,000

BTC: 3.49650350

ETH: 108.67417506

8 days
Waterfront
3 bds
2 ba
1,863 sqft

Overview

WATERFRONT LIVING JUST 50 YARDS FROM LAKE PANASOFFKEE! Enjoy the best of Florida living in this beautifully maintained 3-bedroom, 2-bath triple-wide manufactured home offering 1,863 sq. ft. of spacious, light-filled living in a quiet neighborhood. Situated directly on a canal leading to Lake Panasoffkee, this move-in-ready home features a NEW ROOF, NEW luxury vinyl plank flooring, updated bathrooms and an abundance of windows that fill the home with natural Florida sunshine. The spacious living area features a cozy WOOD-BURNING FIREPLACE, while the large kitchen with center island provides plenty of room for family get-togethers, holiday gatherings and entertaining friends. With generous space for cooking, serving and gathering around the island, the kitchen truly becomes the heart of the home. The generously sized primary bedroom features a spacious ensuite bathroom with a large soaking tub—the perfect place to relax and unwind at the end of the day. Step outside to the LARGE SCREENED-IN BACK PORCH overlooking the canal, where you can sip your morning coffee, enjoy beautiful sunrises and relax during peaceful evenings by the water. Just approximately 50 yards away is Lake Panasoffkee, a 4,460-acre spring-fed lake known for its exceptional largemouth bass and panfish fishing—an ideal setting for those who love fishing, boating and the Florida outdoors. Enjoy the peaceful waterfront setting without giving up convenience! Located approximately 10 minutes from I-75 and only 20 minutes from The Villages, you'll have easy access to an incredible selection of dining, shopping, golf courses and entertainment. The convenient Central Florida location also provides an easy commute to Ocala, Leesburg, Tampa and Orlando, making it easy to enjoy everything the region has to offer while coming home to the peace and quiet of Lake Panasoffkee. Best of all, enjoy the freedom of NO HOA AND NO CDD FEES! A carport and two storage sheds provide additional space for vehicles, fishing gear and outdoor equipment. Whether you're searching for a full-time residence, seasonal retreat or waterfront getaway, this home offers an inviting combination of SPACE, COMFORT, UPDATES, CONVENIENCE and WATERFRONT LIVING. Bring your fishing poles, invite the family and start making memories on Lake Panasoffkee!

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1998
Lot:
0.15 Acres
Heating:
Electric
Price/sqft:
$148
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$449,950
$185K – $670K
Confidence Low
List vs. estimate
$174K below estimate
List $275,000 · -38.9%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$147
-16.9% vs. city median $177
Based on
30 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$669
2025
View
Water
Waterfront
Canal - Freshwater
Furnished
Partially
Pets
Allowed
All facts and features
  • Flooring

    • Luxury Vinyl

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Built-In Oven

    • Cooktop

    • Dishwasher

    • Disposal

    • Electric Water Heater

    • Microwave

    • Refrigerator

    • Trash Compactor

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • High Ceilings

    • Open Floorplan

    • Split Bedroom

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Storage

    Lot

    • Lot: 0.15 Acres

    Other Property Information

    • Parcel Number: J09D009

    • Zoning: R6C

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Manufactured Home

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $669

  • Source details

    • MLS ID: G5117067

    Other facts

    • Construction Materials: Metal Frame / Metal Siding

    • Foundation Details: Crawlspace

    • Fireplace Features: Family Room

    • Laundry Features: Laundry Room

    • Lot Features: Flood Insurance Required / FloodZone / Street Dead-End

    • Patio And Porch Features: Rear Porch / Screened

    • Direction Faces: North

    • Other Structures: Shed(s) / Storage

    • Waterfront: Yes

    • Fireplace: Yes

    • Water Body Name: LAKE PANASOFFKEE

    • Living Area: 1863

    • Water Source: Public

    • Lot Size Dimensions: 75 x 86

    • Subdivision Name: MAGNOLIA MANOR ADD 02

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: FLAMINGO REAL ESTATE & MNGMT