Address
557 County Road 487, LAKE PANASOFFKEE, FL
Price
$ 284,500
Property Attributes
  • MLS#G5115070
  • TypeSingle Family
  • Listing Status Pending
  • CountySumter
  • CityLAKE PANASOFFKEE
  • AreaLake Panasoffkee
  • NeighborhoodMAGNOLIA MANOR
  • Zip33538
  • StyleSingle Family Residence
  • Year Built2026
  • Taxes$ 179
  • Price$ 284,500
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1396
  • Lot Size0.23 Acres
Data Source:
Stellar MLS
Property Description

Under contract-accepting backup offers. Under Construction. Under Construction. Be the first to own this beautifully crafted 3-bedroom, 2-bathroom concrete block home offering 1,396 square feet of thoughtfully designed living space in Lake Panasoffkee. This open-concept floor plan features vaulted ceilings, luxury vinyl plank flooring throughout, recessed lighting, and abundant natural light, creating a bright and inviting living space. The spacious kitchen overlooks the living and dining areas and will feature granite countertops, stainless steel appliances, generous cabinet storage, and ample workspace, making it ideal for both everyday living and entertaining. The private primary suite features a tray ceiling, walk-in closet with sliding barn doors, and an en-suite bathroom complete with a beautifully tiled walk-in shower. Two additional bedrooms and a full guest bath provide comfortable accommodations for family or guests. Additional features include an inside laundry room, a one-car garage, covered front porch, sliding glass doors leading to the backyard, and a privacy fence for added enjoyment and seclusion. Situated on a 0.229-acre lot, this home combines modern finishes with the durability and efficiency of new construction in a convenient Lake Panasoffkee location. Estimated completion is approximately 1.5 months. Photos are of a previously completed home of the same floor plan and are provided for illustrative purposes only. Actual colors, finishes, materials, fixtures, and features may vary.

Price History
7/14/2026 Listed $284,500

General Features

Sewer Septic Tank
Heating Central
Cooling Central Air
Utilities BB/HS Internet Available
Roof Shingle
Appliances Dishwasher,Microwave,Range,Refrigerator
Zoning R4C
Garage Spaces 1
Construction Materials Block
Year Built 2026
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Sumter
New Construction true
Property Type Residential
Attached Garage true
Subdivision Name MAGNOLIA MANOR
Facing Direction West
Garage Y/N true
Total Rooms 3
Full Baths 2
Status Pending
Directions Take I-75, Take exit 321 for CR-475 toward CR-470/Sumterville/Lk Panasoffkee, Take N County Rd 470/Sumter County Rd 470 E to Sumter County Rd 487 in Lake Panasoffkee(1.1 mile), Turn right onto Sumter County Rd 487 house will be on your right
City LAKE PANASOFFKEE
Senior Community Y/N false
MLS Area 33538 - Lake Panasoffkee
Lot Size Units Square Feet
Lot Size Square Feet 9995
Carport Y/N false
Listing Terms Conventional,FHA,USDA Loan,VA Loan
Land Lease Y/N false
Tax Annual Amount 179.1
Property Condition Under Construction
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/G5115070
Building Area Units Square Feet
Living Area Units Square Feet
Builder Name ALB Builder
Standard Status Active Under Contract
Occupancy Type Vacant
Tax Lot 5-6
Legal Description PER DEED
Minimum Lease No Minimum
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
In Law Suite YN false
Flood Zone Code X Yes
DockY/N false

Interior Features

Interior Amenities Ceiling Fan(s),High Ceilings,Open Floorplan,Split Bedroom,Stone Counters,Walk-In Closet(s)
Flooring Luxury Vinyl
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Laundry Room
Total Bedrooms 3
LivingAreaSource Builder
Total Baths 2

Exterior Features

Exterior Amenities French Doors
Fencing Wood
Water Source Public
Lot Size Area 9995
Foundation Details Slab
Building Area Total 1844
Lot Size Acres 0.23
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
Covered Spaces 1
Builder Model Model 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33538

Price
AVG $360K
$280K
Taxes
AVG $1,394
$179
Year Built
AVG 1979
2026

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