
1351 CR 482N, LAKE PANASOFFKEE, FL, 33538
Active56 days on marketListed Aug 17, 2026MLS #O6434403
About this home
1351 CR 482N
Waterfront living, room to spread out and a backyard made for enjoying Florida—this Lake Panasoffkee home brings all three together. Set on a spacious corner lot along Blue Gill Canal, the property offers direct freshwater access leading to Lake Panasoffkee, putting boating, fishing and days on the water right in your own backyard. Inside, the home offers a comfortable floor plan with multiple living areas and plenty of flexibility for everyday life and entertaining. The kitchen provides abundant cabinetry, generous counter space and a breakfast bar adjoining the dining area. A separate living space anchored by a fireplace adds warmth and character, while the spacious primary suite includes a dedicated vanity/dressing area, private bath and ample storage. The living space continues outdoors with an expansive covered and screened patio offering plenty of room for dining, entertaining or simply relaxing out of the Florida sun. Beyond the screen enclosure, a paver patio surrounds the above-ground pool, creating another inviting place to spend the afternoon. Follow the backyard toward Blue Gill Canal, where a concrete canal-front retaining wall with steps and waterside walkway provides convenient access to the waterfront. With direct canal access leading to Lake Panasoffkee, whether you're heading out to fish, taking the boat for an afternoon on the lake or simply enjoying life near the water, the waterfront is an integral part of this property. A circular driveway, attached garage, additional parking and landscaped corner lot add to the home's functionality, while the stone-accented exterior gives it distinctive character. With no HOA, there's added flexibility to enjoy the property and the Lake Panasoffkee lifestyle your way. Enjoy the quieter waterfront setting of Lake Panasoffkee while remaining within easy reach of Wildwood, The Villages, Middleton and Eastport for additional shopping, dining, entertainment and everyday conveniences. Convenient access to the I-75 corridor also makes it easy to connect with surrounding Central Florida communities, while local public boat ramps, parks and outdoor recreation are close to home. From mornings on the canal to afternoons by the pool and evenings around the fireplace or screened patio, there's a lot to enjoy here.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,916
Sqft
0.25 ac
Lot size
1
Garage
1980
Year built
One
Levels
$175
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$2,384 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,384/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−38.2%
$/sqft vs Lake Panasoffkee actives
$175 vs $185
Days on market
56 vs 85 typical
Where $175/sqft sits among the 39 Lake Panasoffkee actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Lake Panasoffkee
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Lake Panasoffkee. See the full Lake Panasoffkee guide →
LAKE PANASOFFKEE 33538 — neighborhood snapshot
Population
5,748
Median age
47.6
Median income
$48,951
Median home value
$157,200
Avg household
2.13
Households w/ children
692
The numbers that matter
The Lake Panasoffkee market
$194K → $150K
Lake Panasoffkee median sold, yr/yr
92.4%
Sale-to-list ratio (12 mo)
21 of 39
Lake Panasoffkee actives have cut their price
Median sold price, Lake Panasoffkee, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 76% above the LAKE PANASOFFKEE 33538 median. See the full Lake Panasoffkee market guide →
Paper trail
This home's history
Reality check
What actually sold near 1351 CR 482N
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$254,000
1412 CR 482N · same community
3 bd · 2 ba · 1,716 sqft · $148/sqft · 8 DOM
Sold · Jul ’26$145,000
1050 CR 482D · same community
3 bd · 2 ba · 1,580 sqft · $92/sqft · 95 DOM
Sold · Mar ’26$210,000
926 CR 467 · same community
2 bd · 2 ba · 988 sqft · $213/sqft · 12 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Bridget McLennon
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 1351 CR 482N — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1351 CR 482N — before you fall in love.
See it in person
Schedule a tour
Live availability from Bridget's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
1351 CR 482N FAQs
What would the monthly payment be for 1351 CR 482N?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,384/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 1351 CR 482N?+
The most recent tax bill on record (2025) was $1,252. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 1351 CR 482N?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Lake Panasoffkee?+
At $334,900, this home is listed about 52% above the Lake Panasoffkee median of $220,000. The market section on this page shows how the area is trending.
The brief
Three things that matter here
01Positioned at the premium end
$334,900 runs 76% above the LAKE PANASOFFKEE 33538 median — but at 1,916 sqft it's also 55% larger than the typical Lake Panasoffkee listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03The price has already moved
Listed at $339,000, now $334,900 — a $4K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of BLUE MARLIN REAL ESTATE · Dana Vander Meer. MLS #O6434403.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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