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1198 CR 464

House For Sale
$190,000

BTC: 3.07443366

ETH: 108.82016037

77 days
1 bds
1 ba
792 sqft

Overview

Private Florida Retreat on Nearly Half an Acre – Solar Powered with Bonus Flex Space! Looking for space, privacy, and flexibility? This unique Lake Panasoffkee property sits on a fully fenced .47 acre lot and offers a rare combination of efficiency, functionality, and outdoor freedom with no HOA restrictions. The main home features a comfortable 1 bedroom, 1 bathroom layout with great natural light and a cozy feel, perfect for a primary residence, winter getaway, or rental opportunity. Recently installed solar panels help keep electric costs low and add long-term value. The property also includes a detached garage with finished interior space currently set up as additional living/flex space (not included in living square footage). This creates excellent potential for guests, a home office, workshop, or hobby area depending on your needs. A separate storage shed adds even more utility. Outside you'll find plenty of room to: ? Park boats, RVs, or trailers ? Add a garden or outdoor entertainment area ? Store work equipment ? Expand in the future Located just minutes from Lake Panasoffkee’s famous fishing and boating, with quick access to I-75 for easy commuting to The Villages, Ocala, or Tampa. Opportunities like this with land, flexibility, and solar efficiency don't come around often at this price point. Property Features: • .47 acre fenced lot • Solar power system • Detached garage with finished flex space (unpermitted conversion) • Storage shed • No HOA • Boat/RV parking • Quiet country setting Perfect for first-time buyers, investors, snowbirds, or anyone wanting space without restrictions.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1958
Lot:
0.47 Acres
Heating:
Propane
Price/sqft:
$240
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$113,950
$81K – $177K
Confidence Low
List vs. estimate
$76K above estimate
List $190,000 · +66.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$239
+19.9% vs. city median $200
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$848
2025
Furnished
Furnished
All facts and features
  • Flooring

    • Carpet

    • Tile

    • Hardwood

    Heating

    • Propane

    Cooling

    • Wall/Window Unit(s)

    Appliances

    • Dryer

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Property

    • Levels: One

    • Exterior Features: Rain Gutters

    Lot

    • Lot: 0.47 Acres

    Other Property Information

    • Parcel Number: J05009

    • Zoning: R2

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Available

    • Electricity Available

    • Propane

    • Water Available

  • Other financial information

    • Annual tax amount: $848

  • Source details

    • MLS ID: TB8487387

    Other facts

    • Construction Materials: Concrete / Vinyl Siding / Wood Frame

    • Foundation Details: Slab

    • Laundry Features: Outside

    • Patio And Porch Features: Deck

    • Window Features: Blinds

    • Direction Faces: Northwest

    • Other Structures: Shed(s)

    • Architectural Style: Contemporary

    • Living Area: 792

    • Water Source: Well

    • Lot Size Dimensions: 105 x 210

    • Subdivision Name: MARSH ACRES

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: DALTON WADE INC