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4136 CR 400

House For Sale
$375,000

BTC: 5.84206696

ETH: 212.71285466

New
Waterfront
3 bds
2 ba
1,524 sqft

Overview

Lakefront, LAKEFRONT, 75 feet of lake frontage, your view is 1.02 miles across open water to undeveloped, protected land of Lake Panasoffkee Wildlife Management area. Stand on the dock and count the bluegill in the clear water. You are located on the north side of the lake, toward the center is lots of eel grass, fish the edges for big bass, across the lake is shell island – known for beds loaded with panfish. The lake is approximately 5 miles long running north to south and a mile east to west. When the water is up you can explore Little Jones Creek and find the springs. Head down Outlook River and go to the Withlacoochee River. It is a 141 mile river system that goes all the way to the Gulf of America. Parts of the River are OLD undeveloped Florida. Head south on the river and you will need extra gas to explore all the water. If the Wysong Lock is down you can make it all the way to Rainbow Springs. Lake Panasoffkee is a paradise for people that love the water, fishing, exploring and wildlife. Don’t forget the Wildlife Management Areas: 2 across the lake, Jumper Creek on the south side of town and 4 in neighboring Citrus County. This is paradise for outdoor lovers. The house is like a concrete bunker. It was built in the days when homes where built to last. Everything is stone solid. Bathrooms are original and in great shape. Kitchen appliances are original and do their job. Not like the modern stuff, spends thousands on a new frig and your replacing in a couple of years. Underneath the carpet are Terrazzo floors. Walls are plaster. Roof is metal and replaced in 2025, A/C replaced in May of 2025, paint was new in 2023, water tank was replaced in 23 – insurance companies will be ecstatic. The home is neat and clean, will cared for and ready for your decorating or up dating. If you are looking for a weekend paradise or winter paradise, hurry, hurry, hurry. This has a lot to offer for the price. This area is a hidden gem, other lakes are priced out of the common man’s budget. Hurry before this area gets discovered. Oops, I almost forgot about the location. Hwy 75 makes travel easy, 47 minutes to downtown Ocala or just over an hour to downtown Tampa, Orlando is 62 minutes away. You get to live in nature and be close to the city life. For local entertainment, shopping and dining it’s 20 to 25 minutes to Brownwood, Eastport or Middleton in the Villages. When the day is done, pour a glass of wine, walk down to your dock, and watch the evening sky come alive as birds glide across the lake heading to roost. It's the perfect way to unwind and enjoy peaceful lake life.

Location

Details

Type:
Residential
Parking:
Covered / Driveway / Ground Level / Guest / Off Street / On Street
Year Built:
1962
Lot:
0.34 Acres
Heating:
Central / Electric
Price/sqft:
$246
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$192,450
$142K – $320K
Confidence Low
List vs. estimate
$182K above estimate
List $375,000 · +94.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$246
+21.4% vs. city median $202
Based on
14 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,973
2025
View
Water
Waterfront
Lake Front
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Terrazzo

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Range

    • Refrigerator

    Other interior features

    • Living Room/Dining Room Combo

    • Primary Bedroom Main Floor

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • Covered

    • Driveway

    • Ground Level

    • Guest

    • Off Street

    • On Street

    Property

    • Levels: One

    • Exterior Features: Private Mailbox / Sliding Doors

    Lot

    • Lot: 0.34 Acres

    Other Property Information

    • Parcel Number: F19A010

    • Zoning: 01

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Available

    • Electricity Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $1,973

  • Source details

    • MLS ID: O6418508

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Electric Dryer Hookup / Inside / Laundry Room

    • Lot Features: Cleared / In County / Landscaped / Level / Street Dead-End / Unincorporated

    • Window Features: Aluminum Frames

    • Direction Faces: West

    • Other Structures: Storage

    • Architectural Style: Mid-Century Modern

    • Waterfront: Yes

    • Water Body Name: LAKE PANASOFFKEE

    • Living Area: 1524

    • Water Source: Public

    • Lot Size Dimensions: 75 x 200

    • Subdivision Name: IDLEWILD PARK

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: XCELLENCE