414 LAKE STREET, INVERNESS, FL, 34450
Active2 days on marketListed Sep 18, 2026MLS #OM732194
About this home
414 LAKE STREET
GORGEOUS LAKEFRONT LADY IN HISTORIC INVERNESS! Imagine calling this gracious home your own. They don't make 'em like this anymore! Large .59 acre property on the lake with its own dock/boathouse downtown right in the middle of everything. Statuesque mature trees draped in moss add to the sweet southern charm of this lovely house featuring a wraparound front porch just calling out for tea parties and mint juleps. Enter the home to behold a magnificent arching staircase, real wooden floors and transom windows. Several fireplaces and a spiral outside staircase add architectural interest. A Mackenzie Childs bathroom complete with clawfoot tub increases the overall esthetic. Additionally, a back deck provides a perfect spot for BBQs and gatherings while drinking in the fantastic lake view over the expansive lawn. This beautiful home needs TLC and restoration to bring her back to her former and future glory, but oh the bones! Like a slightly faded silent era movie star, she will mount a comeback with a new owner who appreciates her wit, charm, and potential to shine as a historic BnB or as your own perfectly stunning residence!
Facts & features
The home at a glance
5
Bedrooms
3.5
Bathrooms
3,156
Sqft
0.59 ac
Lot size
1
Garage
1905
Year built
Two
Levels
$174
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.
$4,468 /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
$4,468/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.
$/sqft vs Inverness actives
$174 vs $182
Days on market
2 vs 43 typical
Where $174/sqft sits among the 189 Inverness 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 Inverness
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Inverness. See the full Inverness guide →
INVERNESS 34450 — neighborhood snapshot
Population
10,408
Median age
59.5
Median income
$48,955
Median home value
$210,200
Avg household
2.04
Households w/ children
604
For the school run
Citrus County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Inverness market
$235K → $245K
Inverness median sold, yr/yr
96.3%
Sale-to-list ratio (12 mo)
101 of 189
Inverness actives have cut their price
Median sold price, Inverness, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 175% above the INVERNESS 34450 median. See the full Inverness market guide →
Paper trail
This home's history
Reality check
What actually sold near 414 LAKE STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$166,000
503 LAKE STREET · same community
2 bd · 2 ba · 1,116 sqft · $149/sqft · 106 DOM
Sold · Jul ’26$749,900
115 S HUNTING LODGE DRIVE
4 bd · 3 ba · 2,434 sqft · $308/sqft · 111 DOM
Sold · Jan ’26$353,000
1150 HERON POINT DRIVE
4 bd · 3 ba · 2,200 sqft · $160/sqft · 37 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
Kemarie Johnson
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 414 LAKE STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 414 LAKE STREET — before you fall in love.
See it in person
Schedule a tour
Live availability from Kemarie's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
414 LAKE STREET FAQs
What would the monthly payment be for 414 LAKE STREET?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $4,468/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 414 LAKE STREET?+
The most recent tax bill on record (2025) was $9,926. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Inverness?+
At $549,900, this home is listed about 115% above the Inverness median of $255,250. The market section on this page shows how the area is trending.
Which schools are assigned to 414 LAKE STREET?+
Inverness Primary School (elementary), Citrus High School (high), Inverness Middle School (middle) — Citrus County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$549,900 runs 175% above the INVERNESS 34450 median — but at 3,156 sqft it's also nearly twice the size of the typical Inverness listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Fresh on the market
Only 2 days on market in a Inverness market that averages 43 — if it fits, move quickly.
Keep looking
Similar homes nearby
Listing courtesy of BHHS-FLORIDA SHOWCASE PROPERTIES · Tammy Diaz. MLS #OM732194.
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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