1540 E WEDGEWOOD LANE

House Active With Contract

$340,000

BTC: 5.31250000

ETH: 194.73081329

14 days

Active With Contract

House

3 bds •

3 ba •

2,305 sqft

Overview

Investor Alert! Located in Fairview Estates on 1.10 acres, this spacious 3 bedroom, 3 bathroom home with just over 2,300 square feet offers incredible potential for the right buyer. Please note the property includes a mandatory Citrus Hills Social Membership with dues currently at $614 per quarter, separate from the Fairview Estates HOA fee of $82.50 annually. Featuring a split floor plan, the layout provides flexibility and separation of space, including a third bedroom with its own ensuite that could easily function as a second primary suite, mother in law setup, or convenient pool bath access. Four separate sets of sliding glass doors lead out to the screened in ground pool, creating a bright indoor outdoor feel with abundant natural light throughout. The expansive covered lanai features a low maintenance vinyl ceiling along with a summer kitchen setup, making it great for entertaining. Soaring ceilings, a formal dining room, and separate living area add to the home's spacious feel. Major updates include contemporary French front doors with a 3 point locking system, newer refrigerator and stove, 2014 roof, and 2018 HVAC. The home backs up to a retention area with no rear neighbors directly behind the property. This is a true handyman or investor special and the home does need TLC, but the size, layout, acreage, and location create an incredible opportunity to transform the property into something special. The home is priced accordingly for its current condition. Fairview Estates, part of the Villages of Citrus Hills, is known for its acre lots, oak lined streets, and tucked away garden atmosphere. Conveniently located about 6 miles from the Shoppes at Black Diamond for restaurants, grocery stores, and shopping, and just 1.5 miles from the 47 mile Withlacoochee State Trail bike and walking trail.

Location

Florida • HERNANDO • 34442 • House • Active With Contract

Details

Type:

Residential

Parking:

No Data

Year Built:

1994

Lot:

1.10 Acres

Heating:

Heat Pump

Price/sqft:

$148

Cooling:

Central Air

HOA:

$82

Type:

Residential

Parking:

No Data

Year Built:

1994

Lot:

1.10 Acres

Heating:

Heat Pump

Price/sqft:

$148

Cooling:

Central Air

HOA:

$82

Private inquiry

Talk to the advisor on this listing.

Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

Valuation

Our model vs. what's actually selling nearby.

Estimate

$404,700

$272K – $498K

Confidence Low

List vs. estimate

$64K below estimate

List $340,000 · -16.0%

Our model says this listing is priced below recent comparable activity. Expect competition.

Price per sq ft

$147

-43.5% vs. city median $261

Based on

22 MLS comparables

Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax

$2,354

2025

HOA

$82/yr

Pool

Gunite

View

Garden

Garage

2 car garage

Pets

Allowed

All facts and features

Flooring

• Carpet

• Ceramic Tile

• Laminate

Heating

• Heat Pump

Cooling

• Central Air

Appliances

• Dishwasher

• Electric Water Heater

• Microwave

• Range

• Range Hood

• Refrigerator

Other interior features

• Ceiling Fan(s)

• Central Vacuum

• High Ceilings

• Primary Bedroom Main Floor

• Skylight(s)

• Split Bedroom

• Walk-In Closet(s)

• Window Treatments

Bedrooms and bathrooms

• Bedrooms: 3

• Full bathrooms: 3
Property

• Levels: One

• Pool Private: Yes

• Exterior Features: French Doors / Outdoor Kitchen / Private Mailbox / Private Yard / Rain Gutters / Sliding Doors

Lot

• Lot: 1.10 Acres

Other Property Information

• Parcel Number: 19E18S170010000J00080

• Zoning: LDR
Type and style

• Property Type: Residential

• Property Sub Type: Single Family Residence
Utility

• Cable Available

• Electricity Connected
Other financial information

• HOA: $82

• HOA Frequency: Annually

• Annual tax amount: $2,354
Source details

• MLS ID: OM724444

Other facts

• Construction Materials: Block / Stucco

• Foundation Details: Slab

• Laundry Features: Laundry Room

• Lot Features: Landscaped / Private

• Pool Features: Gunite / In Ground / Outside Bath Access / Screen Enclosure

• Direction Faces: North

• Garage Spaces: 2

• Attached Garage: Yes

• Garage: Yes

• Living Area: 2305

• Water Source: Public

• Subdivision Name: FAIRVIEW ESTATES

Private inquiry

Talk to the advisor on this listing.

Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.

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: LPT REALTY, LLC

1540 E WEDGEWOOD LANE

Overview

Location

Details

Valuation

Highlights

Interior details

Property details

Construction details

Utilities / Green Energy Details

HOA and Financial Details

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